Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-10-11

will be daily marked by the premiuu w
GOLD. Now both are On tho same io9t.ns'
The people receive their pay IN tho hign-
est standard OF value known among 'nen'
oun SOUND CURRENCY.
Every dollar Of paper money, wnetnern
he A bank note, or greenbacx, OF ssh'os
or cold certificate, or treasury h0te'
backed by the Government OF tne on'sIIa
States with ample silver ana goio 20 nn ",o
f,sssurv notea for silver bullion We take
great caro- 10 get silver enough 10 DC equa,
a. ia market value in gold. The gold ana
s,Iver and notes in which we are now paia
will travel anywhere in the world anu
svarvwhere be received at par. III an IN
cre.se IN currency is desired we can nave
!, under ex,st,ng law. Modern devices
have LARGELY superseded coin IN actual use,
Int the paper representatives ana ,ue use
Of checks, drafts. building associatl9pins,
postal orders. savings BANKS; auu 'no Ia
~ conduct their business with less money
than formerly. No ono now thinhs vi
Leeninp his money III the clock or ~ III"
stockings. as Of old, and most wel-to-uo
tanners either have or ought 10 nave the,r
,',nmav ON safe depos,t subject 10 check.
With free coinage they must either receive
and hoard silver dollars. weighing ABOUT
sixteen to pound. or Treasury notes pre-.
ci,ely in form such "a we now nave os''
both OF less purchasing power thah w
cold dollar or the Treasury notes payable
-, aoid How farmer or laborer or pro-
ducer in any department OF industry can
Inc benefited by this change IL past my
comnreheusion. / can see how uncer Tree
coinage a producer Of silver can ~
first get dollar for 81 grams %,
SILVER while now ho has 20 deliver 4So
Grains for a dollar. but this adyahtase WIN
soon disappear as prices ADJUST then.se.' 60
10 the new standard OF value az certain ~
fake place as water 10 seek its levei- MS
nov dollar will soon be measured by us IN
trinsic market value. When it ~ used 70
purchasc food or clothing or properly Ne
will find II will take more dollars 10 ouy
them in exact proportion to tho reiati'e
yalne of the gold and silver dollar.
How can farmer or iaOoier ,or
other producer be benefited py
a cheaper dollar The doi,ar Is we
measure of his toll. II ~ useful 10 ui'h 10
buy the necessaries OF Ire OF W "Oo"Ni ~
late property FOX. advancing years. us
yeIue is measured by itspurchaslhG power.
Cheancr dollars make more dollars neces.
earr for his wants. The relative value OF
oll commodities will rise or fan py the
,narke, value of the dollar. and unless the
sllver dollar IL worth as much as the gOlu
dollar il will not buy as nucn ho2 anu
hominy "a the gold dollar. No govern
,nent is powerful enough to Tx the price OF
ANYTHING. We tried that durlhg 'no
war. but tho price went up ~
the dollar went down. In the NoIen
the creenback dollar would at one
inc Inv only as much a. forty cents III
com. In the South the dollar OK the Coh-
federacy went down TO the value OF fags.
a Government may say what SNAIL DC
money and may call II dollar or uiinc
or a cent and make il q legal tender. OUT
no one but tho owner OF the properly
from n cup of milk to an improved iarh.
can say how many dollars or dimes or
cent, can buy the milk or tho tarhl.
TIE FARMER CAN HAVE SAY.
And SO Congress may say that 81
- crains shall be dollar and
tbe standard Of value. but the
farmer can say how many such dollars he
viii take for his wheat. or the iaoorer no"
many he will take Tor his days wages.
Neither of them can De oenehted py
cheapeuinc the dollar. They may Tor the
Time. he deceived into believing that they
are sin getting the old dollar, but If they
sell the product Of their labor at the Old
nrlce they will be cheated. Tho shrcwd
suecu,ator will on the instant increase his
rrlce and protect himself the store-keeper
will mark up his goods, but the poor man,
who must work TO live, Is the first to ioei
the advance IN prices and the loss 81 the
purchasing power OF his wages, anu inc
last to win an advance IN his wages.
Our Iavs now give silver the widest field
for usefulness g. money. We buy more
than all we produce. We pile 1t III our
vaults As the security for our notes and
run the risk--a very serious one-ot us
further decline. There are now 10 1000 tons
of silver IL the vaults of the treasury.
But this is not enough tor our silver Ds-
rous. They want us to demonetze gold
and to make silver alone the standard OF
value. They are not wiling TO take me
ratio fixed bv the market value. winch Is
about 20 TO /. They demand the ratio OF
l6 to /. The iron master might as well de-
mand the old price for iron and naus.
AN INTERNATIONAL QUESTION.
No single nation can establish. a fixed
ratio between these metals We nave Tiled
If three times and failed. We must either
ADOPT the single standard OF the cheaper
metal for the tlme being as was done from
1890 to 1884 with disastrous results, OF
must adopt one metal as our standard
purchase the cheaper metal at the market
price and com it ut the fxed ratio and
MAINTAIN It at par by receiving II and re-
dccmlng il on demand. All the coinage
laws of the United States are now upon
this principle, Is $40 grams OF gold nine.
tenths fine is the fixed standard OF
value. We buy 4 800 600 ounces fine silver
at lts market prlcc every month, OF
81. 000, 900 ounces troy IN q year. III pro-
ydes the most liberal use OF silver and al
the same time for an increase Oh paper
money from the sum of 1854 900. 900 TO go
O09. coo year, and the ebb and flow OF cold
and silver between this country and oil the
countries of the world. 1t is q financial
policy broad and liberal and in harmony
with that OF the great nations OF Chrlsten'
dom. Ibelieve III gold and silver and la.
tlonal paper money thoroughly protected
by the pledge Of the public faith and MAIN
tanned at par with each other III every part
OF the country.
President Cleveland in q formal letter
points out clearly the inevitable results OF
this free-coinage policy. Listen TO what
lie says
Tine revival Of business enterprise anc
prosperity 20 ardently desired and ap
parentlv so near would be hopelessly post
poued. gold would be withdrawn to ~
hoarding-places, and an unprecedented
contraction III the volume OF our currency
would speedily take place. saddeot OF all
N every workshop, nall, factory, store
ana on every TlilIOHu kuu ialill tHo wa q
Of labor, already depressed, would suEel
still further depression by q scaling dowr
! of the purchasing power Of every so-caile1
dollar paid into tue hand of toll. From
these impending calamities it Is surely
most patriotic and grateful duty OF th
representatives Of the people t! deliye
| them" Very respectfully, JUNIUs.
----w.--
COMPLAINTS ABOUT STREET-CARS
Failure Of Conductor t. Preserve Order
Negroes Too Prominent.
To he Editor Of Gte DisDGtch
As citizen of Richmond l would asl
how long are our people TO submit to TIN
indICnliies daily offered on our slreet-cars
Sunday afternoon between the hours O
4 and a lady clothed IN weeds of deeI
mourning ton a mission of mercy had oc
caslon 10 visit sick friend IL the west enc
of the city, and boarding q car on Mai
street was mortified beyond expression a
| her experience of probably ten blocks. Oh
I an open car in her rear sat four youn!
men clothed (only) in the habliments o
gentlemen, smoking and indulging IN tn,
most biasphemous and indecent ianguag'
known in the vocabulary of ciyilizs
ton, to the annoyance of many Iadic,
whose misfortune 1t was to hear them
Ope of thp,n aiibpratelv arose from ll,