Daily independent. [volume] (Elko, Nev.) 188?-1915, 1891-12-21
County Official Paper.
HILLS SILVER SPEECH.

dressed the David b. Hill Club, Of Ell
mira, on the evening OF tho 4th inst,
on "The Issues for 1892" In defining
his position on the silver question he
said:
"The Democrats of New York stand
fast for sound finance. They demand
that every dollar coined in the United
States shall be the equal Of another
dollar so coined. They demand more.
They demand that every silver dollar
ceined hitherto or hereafter shall be
the equal Of Vhe present gold dollar,
our present unit Of value, weighing
% $40 Troy grains of standard gold,
and not one cent-not one mill less
worth than that gold dollar.
1.-The Democrats of New York can
not accept the lead of the silver State
Senators. Free silver coinage would
satisfy them. But free bimetallic
coinage is the one thing needful. TIE
Democrats of New York, in their plat
form, condemn the sh fling from one
monometolism TO the other mono
metalism; we firmly mark the INSULT
cheney of either gold recommendation or
silver monometalism; we pronounce
for the free coinage of gold, coupled
with the free coinage Of silver; we de-
nounce the Sherman law as false
preSense and artful hindrance OF a
return 10 free bimetalic coinage.
"Through the last session of the last
Congress the Republicans conducted
their whole policy with a view to
separate the Democrats Of New York
on the free bimetalic coinage ques-
ton from the Democrats Of all the
other Democratic States in the West
and South, and 80 snatch Republican
salvation in next years elections and
save the Presidency, though all else
we're lost, including honor. But our
Democratic Convention crushed that
crafty scheme and crushed the bud
ding hopes Of its contrivers.
X Il
"The Democratic party is now q
unit for free bimetalic coinage, and
New York has refused to be disjoined
from the hard money doctrine pro-
fessed by the Democratic Senatorial
body and supported by the Demo
cratic party in all the great States Of
the West aud South.
"What is the test of'intrinsic value
in dollar? That melting it shall
make no loss. -
"The silver dollar OF Allison, the
silver dollar OF Sherman, cannot now
abide the test Of Intrinsic value. It
cannot pass the ordeal of fire.
"What is the test Of equality be-
tween the dollar coined of gold and
the dollar coined Of silver? That both
alike, after being coined at the mint
and then melted in the crucible, shall
equally make no loss.
"Free coinage given to gold, while
free coinage was withdrawn from sill
YER ia 1873, established the varying
inequality OF the dollar in silver to the
dollar in gold. Free coinage given to
both, free bimetalic coinage, will re-
establish their ancient and unvarying
equality, attested by the mint, the
market and the crucible.
did ever anything but free BIZ
metallic coinage down to 1873 make
our gold and silver dollars equal by
every testY Did ever free bimetalic
coinage down to 1879 for one hour
fail to make the silver dollar equal to
the gold dollar, whether at mint or
crucible or in any market IN the wide
worldH
Secretary Fosters one word in his
Chamber OF Commerce speech was
parity as President Harrison's one
word was equality of all dollars.
"But to maintain a parity implies
the existence Of IA parity. No parity