New-York tribune., 1891-08-28

afer laws leaving them substantially before
the with the 5 SINE sTS scGns dndr svsr trade fes doSq S o
tanning eight grains more OF silver. NOW, Wneh tls
was done sixteen q ounces go OF silver sSraor and Rep
from the silver States favored the law They
were all goldites then Two years ater .lis Gorsse s
ss came Under S that act silver was rapidly coined to
aF. the place of fractional paper money Cold ni soon
'l ~ and more convenient than gold. We were OF tho
hjeh wave of prosperity.
TIE DECLINE OF sILvERa
During all this time was the best abused man III
America by the Same class OF men VINO now Wale i''
coinage of silver. need not now defend the resnnw
ton Of specie payments. 1t speaks Tor ltscii' -
,dvsnce of public credit the lowering OF the rate o
interest on public and private debts, the high hhahon,
standing Of our country among the nations OF tie WIZ,
ho enormous development OF our industries wee '''
natural results OF this policy but 1t was soon oo
served that silver steadily declined In market '1
compared ito gold. What OF it, That dechpe ~
been going on with some mutations, for four
Gold was cheaper TO handle cheaper 70 "''', 49,,
sixteen to twenty times as much value in P, Popo.uO
IN weight as silver better inernatohai "il =,
In great transactions than silver, ana wa. .,.os -
adopted as such by all the great connerc~ n'~.a n
NJ the world. Silver declined In value lor u'o 80,
reasons that iroh, "copper" zinc and nicEei hVo
II was produced In our mines in far greater qu', ,
than before especially in comparison to gold' -
1os ~ senaratlne II from the ore have been lh-
Me
pruyed New mines have been opened by tIe nuir 80,
FORMERLY from 1850 t6 1870, the annual prOoue,
of gold was from S250000o0 TO sbo'ooo,ooo, 49,,
during the same time the production OF silver wac
$4,000 to $12,0o0,o00 year. NOW noio =.
ago 900 900 Of silver is produced. The same ln", os
said OF iron. 1t worth cents pouhu ~ -.
ago now 1t Is worth cent. Formerly one opS S',
ras equivalent to 100 pounds Of iron; now one uSs
labor is equivalent to $50 pounds of iron' Inc
a the production Of silver Is now less thau o -
Of what twenty years ago. ,Ss one made ~ nearly
mTionaires as petroleum or iron OF steeI VI
railroads Why should the people OF te seemTmody more
be called upon to pay M i0T Ts o te world
The only answer 70 this is that II Is am mogey nee il the
than all produce. We pile u ID our Tery serous
oDco ia further decline There is now l03o4 t.s IONS
not enough for our silver baroas. they MA wa' u Tbey
Inv il al fixed value, fixed ratio 70 gGpilv gpiyer alone
want US to demonetize gold and 10 inSS ,nr to take
e stada ARD o. Nv moret vae Which about twenty
10 one They demand the ratio o s1 d nTice for iron
ronmaster might as we'll demand the oiu P'-'O
The price Of all commodities is fixed BY submit f%e S to
3t f s"RPy aW ia of the sae Of Your grain that your
barns filed with plenty ana g. ~ @ os tke people Of
Sbcr c9nntTes have not been fortunate IN he tSaf
harvests, expect and nave reaom on higher prices
rb gr Snctiafion both in supply and demand Is tne
cause Of the striking variation in the paGe pTGeS o9 q silver
da 6 rpS s not 50 great for they not persa6s
Ike qt they SS Gc%Snd yay d oT eonage
Sg oo VI Year 10 year and no human power can o
@ single nation we can S.ya Ssta9psdh ed Il three times
oSt"g oSd Sd We must either adopt The single STANDARD &
Of the cheaper metal for the TINE ec rsuts or must
ADOPT one metal as Standard purchase tne fba dIed
metal at the market price ana "a TC reneyirS a. Il and re-
,ng otU n n on demand This has been the p0ncy Ol
our Government since 1884 e5cepO n youe Of our
%oney Psy was gamb upon day by day by the the PT0Ferd 0td
Of New-YorS. All the coinage la"s 9i ~ % grans Of
soS sds5 nneenh inc is the fixed standard Of vons rcS
We buy 4,5OOO0o ounces me siVer e +6v 1 in Year
SgybGy gby am0nnts 0t TO $3.50 tons 1t provides the most
liberal use Of silver and at the same te as no 0o0 70
go 900 900 year and the ebb and flow OF g8G a ~
silver between this country ana aI d .e and liberal
sDd IN harmony with that of the great nations & 9 ,rn GTs
tendom At the same time we stand IL fe vaue for gold
to negotiate and {Gr oP free coinage upon that basis We
believe in gold and SILVER and NHtionai be public
aS and maintained % with each o other seas IN eTS s
mart of the country and wherever our nag pnlIcan
PStSy dnd Is 4s Sy oT W ;t Of s
policy is that no man has lost aor m or oTr money has
Pa 81, o tbe snme vane the same purchasing p9wsgr,
in every part OF our country @ IN 'Tg 'WhetSer paid to
ibc pensioner or the bondholder TO the "
| Ohio or the broker IN NcW-loIh'
OHIO DEMOCRATS ON SILVER
Nor 1ot ne examine the position taken In THIS eau
vass by the Democratic party in ONO Oh 'iiS -
os+ion have already read their platform. A"o"
| ~ Il dIstastefu to the great body OF h8lhee' u
| .ouro,,,o democrats Of Ohio. 1t was oppoSeu ny
. ettbs NJ The members Of their convention IL was
adontod only as q political eXpcdlehO 10 oa.o .,.s
/ for this election 1t Is at war WIN al "io "a g.,
and principles OF the old Democratic p'"| ~ -. -
opposed by the leading Democratic orSa%' ,Vas. Gov
IociaI dtles North and South East ana mes nrinEs
"cr,mnhe your candidate for Governor, % saII =,
sra@ II as from pcScnce He tres 10 ~ n The
and says q tSo S NOT Tse intend that it shall escape dis
custom know and Eon kSW nS ' tbe free coinage Of
pSy Sffes @ become the fixed policy Of that party s se6
win be your back as rny a IndIT I'M u hut plainly TO
"a Woke % the attention Of Democratic enas 90 gt IN
responsibility in this matter n9 clearly the inevitable
suits Of this policy lie say SsSrprlse and prosperity
Iin,tlv delIred and apparently so near, @ NOu4u ~ 70
bonnlessy postponed. Gold would DC ,nnntr"ction
pISnarn6 nleces and unprecedented d,Iv
Us hodIar o Volnme of our currency would speesuS
le p Mace saddes Of all, in every WORKSHOP, & ' ths
actor, 10 i9bor already depressed wond suief SUI
WG q denrcssion by scaling down OF the Sd ~
power ol eVeTy Ge Impending calamies It IS surely
toll a+inc a@ and grateful duty Of the representatives
Of 1 the pe9pe % was so IPresdent with Democratic House
- Representatives in Congress no SUI 20 entertain
prOpOSec oninions Yet, now, under strange Eaoc % i
uy S tps Sthsme 10 change the standard Oh Value 10
! pres sed into our state canvass
THE ANIMUs OF THE CAMPAIGN.
believe it is the result of bargain between wras
. liza q the National Executive Silver Commit'ee'
Dornosed Of representatives of the great silver nis
CORPORATIONS Of the United States with some oi 'o
! ,aaers of the Democratic party, by winch u po'u0n
~ 49, rrna of these corporations is TO be invested
~ this Ohio canvass TO defeat the Republican party
and especially "to down John Sherman on the issue
os tho free coinage OF silver AS for myself 1t Is
matter Of little Importance have had some eHpe
! - 4, ,uch contests before. 1 very Wiling
fleI9d ~ IL, the Judgment Of the people OF OnO But
What att do care FOR + that the state Of ono Sa nocT hUS
in any way be responsible for the adoption \ sIe yIt go WHY
p.rry dow from IT, They invoke in its support sngS ne@
party calling t IL h tG ssdps fGSpf Of e Old sreenbacb flat
money craze some OF whom do their planting IN law law
Hnl.s ard whose crops II they have any are ILs.Ms