Mohave County miner., 1892-09-03

| ISS'e~p thso uobCy thC DAtAuCO VI VoIt
goes into manufactures Of various kinds
The coming is done at ratio Of 15l anc
10 to l ; that 10, 10 ounces Of silver the
equal Of ounce Of gold as y standard o.
measure. But It will he seen by cutting
off the usage Of the greater portion o
one-half the silver and substituting there
Tor gold which exists only IN
imagination, you create splendid mar.
ket for all gold that really exists and give
It an unjust value at the expense Of sil.
vei. II is AS If an absolute monarch
should decree that no more corn should
DO fed to m,n or beast, but its use should
be exclusively as fuel and that
rye was the only true grain. il strikes
me that the rye market would be strong
and steady, and the corn market have
that wabhling excentricity that has been
the chief characteristic OF silver since
1873. II gold and silver were both strick.
en- from the coinage OF the world and
thrown upon the open market 10 be
traded for each other for use in arts and
manufactures solely on their adaptability,
about how long would the ration OF l6 to
l last? We only have to look back far
enough to see that 1t would relexAte gold
to place about half as high as il now
occupies.
We are told that gold would disappear
ii We return to frss coin ,gs. Then nov
was II when there was prospect tina,
we might commence to use up our sur
plus as basis for silver certificates, that
i. went from 80 to llS per ounce in two
months, and London KEEP, pace with
New York, Chat on prospect only and
with a iull knowledge that a stultitisd
President, hostile to silver, occupies the
chair. Who doubts what would happen
II it should become certainty. That
little episode would have taught any
other people that we held the silver mar.
kst in our own hands before the re-
sumption Of specie payment and while
people generally believed coinage was
still free.
We on this coast hal specie basis.
Does ANYBODY among old timers remem-
Der gold being driven our and plethora
Of silverp think not, and il my mem
ory serves me right, and think she
does, We had to rustic TO get silver for
change. 1t WAS ali gold and gold notes.
That was before it iAsned on people that
the coinage committees of the House and
Senate Of the United States had been
composed of imbecii-s and thieves In
the year Of grace 1873, and the thieves
engineered the job too, because the rise
in purchasing possr ri gold. which has
bsen from - per cent. up since rs, in
creased our little two bIiiipn dollar deb,
from 4 to 6JJ, )J.)Jbil 'lIirs; that 10 they
stole 60J ,001,O0J bushels OF wheat at
$l.0J per bushel, for lns bpndholders OF
England, Germin anI tn: hons grown
article, besides ads,ncin. all municipal,
corporate, ani pris4ts dsDts. in the same
ratio, and they did all t,is Tor 500, 900
They sold Us Dirt cheap. When tina,
sleek and san;tim nloi, imbscile, or
unconvicted vi bIr I, ~ the case may be,
Mr.. Hooper, OF Mass.c Id,etts, who had
the bill in chirsa, vas urging its passage
he said: "Mr Ernst SeyI, a disting nguish-
ei writer and baiiijnist, vino has given
great attention 10 the subjects Of mints
and coinage, - - NV; h.ra and after ex.
amining the first draft vi this s.'il. made
various sensible Suggestions which the
committee accepted and embodied in
the bill" See hoy siroitly he words il.
No talk Of demoneti1 alton, just regulating
the mints. II woId be gross flittcry to
class such men with the im beetles.
Here is what Bans who Was SPEAKER
of the House wncn tins swindling meas
ure was passed, sail IN answer to ques
If he knew the provisions vi the bill
when Just upon It's pt-sase, he said: Il
did not know anything that was in the
bill at all, A. nave heretofore stated
There was little knoSn or, cared on the
subject" In answer u similar qles.
ton, Senator w ,rhsss. ~ rnsmber OF the
House at the tins, says. ~ frankly say
l did not understand the provisions OF
the BILL"
Mr.. Holman OF Indiana who always
has both eyes wide open, said in 1876
az have before me the record of pro.
ceedings OF this house on the passage Of
that measure, and the method Of passing