Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1892-05-28

dustry, the citizens Of Haley are
called upon to assemble At the court
house on Tuesday evening, May Sd,
1892, for the purpose Of organizing .
non-par,isan Silver Club.
"Come, neighbors and friends, ~ ou'
forefathers came in tho dark revolu,
tionary days. Come at . minutes no.
ucs. Come. Your homes and oil
your earthly ties are in danger. Leave
political issues and partisan obliga-
tions behind, and rally for the common
welfare Of all.
"Men of HALEY, who have often
been tried and never found wanting
whom tho common wesl was concerned.
turn out now - you never turned out
BEFORE"
We presume il the Iowa farmer
saw an opportunity to have law
passed forcing the government to pay
HIM one dollar for seventy cents
worth OF oats that he would be just -
enthusiastic for the measure ~ are the
silver advocates for free coinage. Aud
the Iowa farmer has exactly the same
right to make such demand. Silver
bullion is . marketable commodity
the same ~ corn; is quoted in the
market reports the same as grain, and
the thousands Of ways in which it il
utilized places it on exactly the same
footing ~ is any other article Of mer-
cbandise.
The present law authorizes the util>
ization of about all that will preserve
the parity between gold, silver and
paper, preserving the just and equit-
able relation that good business judg-
ment demands.
There is no doubt great depression
in the silver producing regions. Our
farmers have the same difficulties to
overcome when glutted market does
not allow price for grain that will
remunerate them in producing it.
In replying to the above perhaps it
is we'll to lay down ! proposition on
which both the Republican and the
TIMES can stand; one about which
there can be no dispute.
We therefore assert that from the
year 1892 up to the year 1873 silver
was not regarded as = commodity in
the United States. Its coinage value
was fixed at Il 1929 per ounce.
Thus for = period OF 80 years it per.
formed every function IS money and
when it was stricken down by .
stealthy act Of demonstration in 1873
it was not because there was too much
money in the county nor in the world ;
for At no period Of our history were
we more in need Of coin than at that
time. 1t was just when We were pre-
pairing to resume specie payments
and when we required the use OF every
dollar both in gold and silver that our
generous mines produced. There
was also 4 dearth Of money IN Europe.
France, after suffering from the Ger
man invasion, was compelled to pay
her adversary an indemnity OF 81, 000,-
100000. Nor was it owing to any
overproduction of silver, for the out
put Of our mines that year amounted
to bat $17,O00,0O0; and, finally, it wa.
not because Of any depreciation in sill
yer, for when tho bill passed our silve,
dollars were worth three cents more
than our gold dollars.
The above statements are absolute.,
correct, are part Of the financial bis.
tory of our country, and must be &C.
cepted by our Iowa contemporary.
Suppose in the year 1873 gold had
been demonetized instead of silver
In that event would not the yellow
metal be q commodity in the United
States? Would it not rise ant
fall in value when manipulated
by rings of spectators? In tina
event il the gold miner asked for ,
restoration OF its money value, coule
not the Republican say OF it as it ha
) said OF silver, shat it is only a oom
modify; "shat it is quoted in tn,
market reports the same as grain
i. that the thousands Of ways in which
r it is utilized places it on exactly tn
same footing as any other article o
), merchandise" You could say i. o
gold with more truth than of silve,
9 for of every slOO,0o0,00O worth o
!. gold mined $S5. 100000 i. used in tn
i arts. leaving bu. sl5,OOO,Ooo for US
. as money. You could say, further
: more, that when gold was demonetize,