Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1892-03-02
How Coldites Fight

coinage bill until ii shall be passed
| through the House, the result will be
they will lose the Democratic maj rily
IN the House by the bext election, that
a Republican President would be
elected, and that new force b. II would
be passed to dragoon the Southern
people, That is about the most
cowardly showing that We have ever
run across-trying TO force men to give
up their CONVICTIONS through fear ana
the lifting up of bug bears belare peo-
pies eyes 10 compel them to give up
their convictions. We do not believe
the South will heed il; we know the
West would not heed it. And wniie
there ia much prospect ahead vi ab-
tanning justice this year or next, there
is comfert in the thought that the
West is steadily growing growing
faster than the East-and after awhile
will, with the South, dictate the policy
of the country and get out from under
the contrel of Wall street.
Ia this connection, 1t is funny To
read in the Philadelphia Record that
the great decline in the market price
of silver bullion does not seriously
affect nalens like Germany and Eng
land that adhere to the single gold
standard. 1t does not seriously affect
Eagland, except that it makes her a
great many millions OF dollars every
year. 1t does seriously affect Ger
many, and 1t will be the ruin of that
country if persisted IN But the Rec
ord goes on to say that it is very
different with countries like Mexico
and India TO have been reduced to the
silver basis.
That is very dirty for a newspaper
to put out such statement as that,
when they have not been reduced to
silver basis. They are silver standard
countries and always have been And,
under that, India is doing better than
it ever did before, and Mexico is hav-
ing genuine boom. The Record says
the merchants of these countries must
pay their creditors in gold or silver,
according to weight and market value
That is true of Mexico; it is hot true
of India at all, because India makes
all her debts payable in silver.
The conclusion Of the wise Record
is that free silver coinage would hrlng
she would have to buy geld 10 pay her
debts. 1t is said the United States
owes two thousand millions of dollars
in Europe-that is, that the railroad
corporations and other corporations
that have obtained money in England
owe that amount IN London. As il is,
the United States, ON four different
articles alone-lron, cotton, corn and
wheat-loses that amount every five
years through the decentralization OF
silver-loses it out and out. The aver
age product et this country, all the
staple products, are at this time 33faa
per cept under value. To pay debt
with any of these products, it takes
just twice as much as 1t would require
except fer the Initiation which the de-
monetization Of silver put upon gold.
If the Record editor will compute the
presen, value of the staples in this
country and add thereto so per cent,
that so per cent, will just exactly repre-
sent what the workers oil this land are
losing annually. Men in such state
are not particularly worried when they
are told that if silver were free they
would have TO pay premium on gold
in order to pay their debts.
1t is foolish cry, because free coin
age weuld put silver on parity with
gold, and there would be nothing to
II. And that tnele Is nolnlng 10 IL can
be seen at a glance by looking at the
state of France; she does not have 10
buy gold at a premium in order to pay
debts. Rather, she takes all the gold
and silver she can get, and with it
keeps her people working, keeps her
enterprises expanding, and stands be-
fore the world to-day the most pros
porous Of nations. The goldites like
exceedingly to compare orr country to
Mexico. When it comes 10 comparing
it with France, they keep still.-[Salt
Lake Tribune.
Fine Job Work of all descriptions
4 L.. T.