The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1892-04-30
Official Serv1Iity.

Omc1a1 Serv1l1ty.
"Whatever diversity Of opinion there
may be in this country, there is none
among the fnanciers and statesmen Of
Europe. None believe that the free coin
age Of silver in the United States would
have the effect Of permanently increasing
the value Of silver, much less raising Il
to $12929. While the State conventions
of the Republican, Democratic and
Peoples parties Of Oregon indorsed the
free coinage of silver two years ago, the
Republican convention held on the 5th
inst. Endorsed the act Of July A, 1890. l
feel confident that similar change OF
public sentiment has taken place in most
Of the Western States, and that neither
of the national conventions will have the
temerity to declare for the free coinage
of silver. Senator Dolph.
Coming from Mr.. Dolph as a pri-
vate citizen the foregoing would be
of no consequence whatever; but
coming as it does, from United
States Senator Dolph, of Oregon,
the position he occupies entities it
to the dignity of a few words of
comment. The reader will observe
that the United States Senator bases
his alleged reasoning entirely upon
what the financiers of Europe think
and say about silver coinage, and
not upon any interest our own peo-
pie may have in the matter. Now
who are these fnanciers of Europe,
and what concern have we or our
country in their views or opinions
about measure or policy relat-
ing solely to our affairs, and to the
welfare and happiness Of our peo-
pie? They have no interest in us
nor in our country farther than to
make all they can out of us, nor do
they care how much misery they
infict upon us SO long as their own
Golfers are filled by the process.
They have at various times in the
past dictated the policy of our gov
eminent, but always for their ben
eft. They procured the demoneti-
cation of our silver by corrupting
John Sherman to their use, but it
was done to increase our indebted
ness to them, without giving US an
equivalent for the increase. What
they have done in the past they will
repeat in the future if, perchance,
our coward statesmen continue to
play the sycophant around them
because of the power they are ena-
bled to WELD through our timidity
and self distrust. We're our states
men and fnanciers courageous
enough to take the helm, we are the
king pin of commercial and indus
trial nations. We produce the
bread and meat. These pro-
ducts Europe and her financiers ~
must have and must purchase of
us as soon as we get tired of letting
them legislate them out of our pos
session without paying for them.
We are, therefore, in position to
command where we accord cringing
obedience. We have but to say that
371 grains of silver coined into an
dollar is worth 100 cents,
and it becomes worth that at once,
because it will buy a dollars worth
Of our spare bread and meat, and
as we shall not pay it out for less
than a dollar, we shall lose nothing
BY having it returned to US as a
dollar.
The Senator's talk about coming
silver not bringing its value up to
F1.2929 per ounce is baby talk.
Whatever an ounce of silver might !
De worth as bullion, when coined it
would be worth the sum stamped
IN its face by the minis. Twenty
i've grains of gold are not worth a
dollar as bullion, but are as coin,
because that value is stamped on
he coin, and not because gold is
worth anything, which intrinsically |
t is not.
A hundred dollar greenback is
lot worth cent; but at the out
Freak of our civil war our govern
nent issued $6O,OO0,OOO of that
lind of money, and it remained at
oar with gold until it was destroyed. |
Why? Because, like gold it was a
egal tender under all circumstan-
;es, and the governments stamp
declared each bill worth IS, $40, or
800.
ALTURAs' board of county COM