The sun. [volume] (New York [N.Y.]) 1833-1916, 1891-12-05

| my honored successor. the last seven year
after my PUBLIC dsnanssii,sslopY In BIcokiyn |
son ace
next should have ratified that ohoioe 81 Tvlt
Grating with fresh emphasis emphasis what hst
That sfsssess q bemocrsts. Tho%ss tsSe.soS
THE ISSUES ron 1892.
| Now let US grid up our loins for the final con.
tess which s. S S d nss ~ @ psNs ssss
kepeiican ai ea Se UPON sr and sps,s
ss.. S sss 8 x. ss = Ssis ss iss ss:;
The iisS tS viii Be desperate. Il has begun.
sRs annSa az 81 %
5Ss$sss 5s$$sfs III q sSs
SsS tx New m ShS
s sSs sherman ye T4Ss
teqtous danger and no solution OF all Of the
sGs and SILVER sSS question T. 1sn,, to
Snsncs pas forth 81 tSs bspocraoy and en-
one N word
lR.resident H,S,rrison's one word was equal
hs..shnsss Viz remark !. that Mf Sstel aid
vsFR M .s sRss se, Of
United States Government to maintain the
ST. & s. sEsE ana sSa slac
SECRETARY FOSTERS FALSE PARITY" KIfosKD.
But 70 maintain parity implies the exist-
ence Of q parity. No parity exists between the
w ss a E9 COLI sda a
owner. because gold has free coinage and
Melt the. silver coin. and II cannot be, re-
Tor Its IL can an. be sold to
3 shs silver s dollar TSe so.esllsd psrlts u
as s'sz ieai CARLY fS. rSstever tie RATIO
ss Ths Il sssm rsss
implies free coinage Of the two money metals
II ons mint az Implies ,m south Ss sk
~ Simstsll!s coinage and e TIE ps nasS
'q Ts,ns s9sSS se term
VIZ coinage q ssa nSs ifsss. g II NAE;
United States, IL q misnaming.
the sy.1 d BIZ ana so sse
S ne 81
Secretary Foster.
THE NEW YORK CHAMBER OF coMMERcE's ADVICE.
" Now, let US CONSIDER the adyice Of ths New
puisory silver purchase and silver coinage.
It has this merit: Like. free coinage It would
end ali our government buying OF. the money
metals DO mot at s Sss rSSs SID put 9 Ss s
into dollars Tor its private owners '"' "''u
The first objection is that you cannot do 1t.
sSi g %ss s
%srs noy halt shsee British soa
monometallism but to rely upon that stop.
M fan IN s 81 wSId E
exchanges. II not some peril to her Indian en-
Ing thus the sole obstacle 70 free bimetallie
fSst 5sSs
oes aHs e. he sesut
9 fhe u
join France and Germany and the United States
!sj s;s'' Sss'd ss9
:, I perceive no reason for believing that the
%eSd Cents Of Whssa
ga SS q soned silver sSs Hss ss en
ssesstSry u Manni RE in 1850 ~ ZOE
NO BRITISH GOLD MoNoMETAIL1sN FOB THE
UNITED sTATEA
doubt II all the Chambers Of Commerce. all
the Boards OF Trade. ali the banks. and ali the
newspapers Of the United States Joined togeth-
or could persuade the Fifty-seeond or any fu-
silver purchases or coinage in order to rest In
British gold monometallism.
has been debated into non. sxlstenee among
soinase q silver in the he none se
Changes upon the steady bimetalifo par main
aimed by the free coinage ofthe two metals In
France.
JUST WHAT FREE B1METALLIc COINAGE Ii.
age " u silver Mesf into full money COM
iu III asE one
sps is e %onsy e 1873 re sS
sc part sna sss R%nss shs %s s
we're open to the free coinage Of al the gold Of
hs world and all the silver Of the world Into
which still coexist over the world. Reooupllng
Shati yas hIeedlessly and unwittinsy un-
TO do. at fixed ratio under one roof in Now
York what 10 now doing under two roofs In |
london and Calcutta. without ratio. Is the
um OF the matter.
All the two metals coexist and are some
where current and coinRble into full legal
ender money. about as much Of one AZ OF the |
ther. Neither Is capable Of infation. as every
thsr sort OF currency Is. the annual percent
Re Of increase to the existing Aggregate be-
ng with every years increase Of that great
ggregate.
Free bimetallic coinage practically unites
he two money metals int, one money metal
act high value OF the yellow six per cent .of
Visible low value OF the white nlnety-fDur
er cent. Their union affords a better money
fteen and 0ns half times It's weight Of silver.
+ than II MI the silver were transmitted Into
hat fraction Of Its weight in gold.
Abundant free coinage for etiiter DteGel into MI
gal tender MONEY! n0to EXISTS. Competent free Ji.
,etalc coinage ,oould reneto to both 0,eir Jo,me.
marrying ratio as such. and restore their old
UNIVERSAL. instend Of their now segregated. In
Therefore / should not be able to concur
18th the respected New York. Chamber OF
,omm cree In advice which might Ak an Inferior
nd mistaken goal for our ultimate endeavor