Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-09-20


lanche from Eunope has none, tor Two rea-
.ons: I. Because We are tho great slser-
producing nation. turning out ~ per cent
81 tho worlds supply. z. The European
nations put less silver proporton"'er u
cold in their coins than We DO inc tn,lcu
States puts in i.s dollars 10 parts OF sivoI
COR accurately speaking lb.sS. Wheros'
the Latin union, composed Oh ,,'s ~
Belgium, Switzerland. and Itaiy, pu, io.yo
part. IL silver in their coins. Great bii,.,n
only I4.2. Germany. IL; Austria, i3.oo,
willis some nations put still less. lhelr
silver coin, will never como here to turn
into mou.y II We have free coinage. po-
cause IN 40 doing they would loss cor
.ider.ble percentage Of their soid squ''s-
l,nce while our silver CONS, ~ wen o. ~.
bullion. could afford TO go 10 their mint,
= nav n, lon, commenced free coinage and
turn INTO their money at premium.
courIsATIors AGAINST sIivHs.
IN. .n,mn. ~ the combinations against
silver - seit-evident. no nv" W., .i..r
no gold know that II they can keep SILVER
rom composing with 1t they VII enJoy
IN. MONOPOLY OF ownership OF tho ye,io"
metal aud dcthrone It's white rival. Ath
who mako wheat know tat II the corr
crop fail. wheat goes M. Inc pronloI.'ou
Of export Of Russian rye 70 Germany ni"u'
all breadstufs in tho latter country ucal.
The monayed power who wahV
arc alway. warning ON ono ihe3ai or Vio
other. They warre1 on gold and Germany
and Austria dcmon-tized 1t when go,d was
Uncovered In Australia and Caliiorina'
and tnsy war now on silver because II IS
the metal that is moro abundant. lhs
gold product - decreasing, anu the ~ 81
gold IN tho g-ts increasing, hence sli'ei -
pointed ont az tho victim.
APPALLING PICTURE DRAWN.
You have drawn an appalling picture OF
the combinations now At WORK 20 dcs tauo
silver and put gold to a premium. lou
cav th.t tho banks the banking
bon.e. in word. the army Of creditors
will hold al tho gold certificates; thcy
viii hold all the gold outside the lres-
surv. thew will hold tho greenOacks Whlcn
aye p,ysble n gold at tho treasury; they
will hold tho Obligations Of the raiiroad',
OF tho corporations, Of the farmer OF VIC
manufacturer q he merchant. pafa"Ie u
gold.' You rspresent the national "hn.
as secretly making golh COM IactS, on.
Won AK mo. IF YOU arc gong To- pas
iroe-coinass at ar you gong to allow the
creditors 10 occupy aud MAINTAIN TINS com
msndinf positlon
will Ore, ask you tho counter question;
II the creditors arc thus strong enough 10
nosse.. all the gold. all the gold ceItlh-
cstc.. all tho gold obligations. and an the
creenback.. what III tho name OF hea'rh
are the people to have If you deny them
free silver
1Er E.sIDIr. AGAINST II, GOLD TRUSTS.
You arc familiar with capitalists ana
mouev matters. and II the picture YOU have
drswn Of organized greed is half true 1t
ought TO move the people Ike hrc-NeI.
II your DIAGNOSIS OF tho cas-, IS true,
and YOU are IN position TO know and II
yuur PREDICTIONS that the creditor asses
are ORGANIZED as stated 20 force g0!I 10
premium shall come true. then IL - oi 'hs
Utmost consequence that the country shalI
hsveropre.en an Administration
that Will rescue tho people from 'he cAhinS
pr,usred for them. Constitutional autLo;
~ moral right, social necessity. and
clear precedent provide ample resources.
T. I'm 1874 when gold went - Europe N
account Of trade balance against IA ana
thetvo metals parted III value tong!e'S
healed the difficulty by putting less gold
IN The CONS. Ihis can bn done s2ain' INT
il i, an heroic remedy not 10 be. applied
uulo,. indispensable. and 1t viii only DO
NECESSARY in the event that GoId IS cOIAei-
ed IN the manner You predict.
2. None. whether Of gold. SILVER, or
pnoer. can he made legal tender ior hil
inonsv obligations. Tins We have already
discussed.
3 The states nav forbid public obliea-
tions hereafter made TO 10 paiaDle OlhcT-
wise than simply III money.
4. NegCtiabIllty may he denied TO s"cu-
ri,ies uavahle otherwise than simply III
money. TINS would not coniravene the
rIght to make simple contracts tor GOA
bu hon " III specie and no. rs money. =,
>. The Government might require All
duties PAYABLE on imports IRON god
standard countries to be PAYABLE IN gold.
The balance OF trade with England IS TWO
hundred millions IN our favor, ana Wlth
most gold countries IN our favor. IL may
be that such provision OF law "OuIi tehi
10 induce silver coinage on thor part, and
AZ The same time to drain Their gold, anu
keep l. nerc.
t.. Tho Government might gradually
withdraw eli cold and silver ind issue BILL
DIV coin certificates or notes.
+ Ths States can Themselves control
the lecal-tender aspect IF gold and silver.
g. The Administration OF tho treasury
can pay ont silver TO all creditors alike ana
stop reserying gold as private snap
for bOndhO ders.
Where there IL a will there ia in abun-
dance # constitutional ways. But ne
SILVER men are conservative. They VIII
not he radical unless forced by the yoracity
of cold-radlcaiisH. 1 do not commend
nor any Of these plans. Bat / SIMPLY say
that If the menace winch YOU ioreshadow
rs III the hearts Of the gold men IL carried
out power and precedent provide ample
remedies.
TIE CONVENIENT IN COLLISION WITH THE
GOLD RHO.
First Of all we need an Administration n
favor OF tho people and their money III
stead of one such a. We Iaye now anu nave
had continuously, dong the VIII OF the
gold munopolists and falsely crying ont
That silver Will not circulate. We have
ceased entirely - coin EOll dollars. silver
IS tie only install money that does freely
circulate, and VoTo tie Secretary 81 tho
treasury to pag q out freely 70 bond
holders they would cease 70 decry II.
The Government is itself tho leader oi
the gold ring and It's organizing spr mt. IL
lends ont It's money extOrtcd b. needless
taxation, without interest 10 CERTAIN
favored national banns. wLIs 4 9y aTe en-
.azed IN a war upon tho credlt It, own
SILVER money. 1t makcs pets oi tie classes
vino nave cOnsplred anu banded together
10 break down IL double StaINari, TO
squeeze the people. and T. clog tna
worlds property FURNISHES models
in lis statutes ald It's practices Tor cut
treasury schemes. 1t IS IL collision with
It's own plundercrs. and Il tue masses can
get power IN representatives. that viii un-
ninchinC.y stand by them. freely CON
their money. and freely circulate II 20 al
Alike they vii conquer the vast monopoly
Tat IS VershadOwug ana crushing them.
# they cannot do this tL"ir cause must
perish. ana the ",sor,ts l.speTHg' winch
YOU admit is involved III the maintenance II
the double standard. must give way to the
continued manufacture by lar OF million
ares and paupcrs. Very truly yours.
JonS ". DANlEL.
John Smith, Of Hibley. Gent-h Query
for tho Dispatch.
John Smith. Of NibleY, gent, tho histO-
Ran OF tho Herksleys. an attorney al Law.
member of Armament, and noted man IN
nj. dav, was much Interested III Virginia.
lie was one OF the founders OF Berkeley on
the James, and in 1921 he proposed to write
history of Virginia. As with Others. the
omuiverous Captaine John Smith has re-
ceiyed a good deal OF the credit rightly due
L. fhis LnLn u.mnrrIed Mar browning