The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1892-07-07
GOLD AND SILVER,
THI GOLDEN CALF AND THE VALUES IN
The GOLD AND SILVER DOLLAR.
rbs Two Candidates and the Two Parties
and Their PLATTE rms and Purposes.

Pbe Two Candidates and the Two Parties
aud Their PLATTE rms and Purposes.
FDrroR NEWS DEMOCRAT:
ssE oouirer" in the NEWS DEMOCRAT last
veeh wishes to know the value OF the
gold bullion in gold dollar.
4 confess to a curiosity in that direction
niyself, and hoped to see an answer ere
this, so as to euiighten us benighted bi-
mesalists.
Ancient Egypt worshipped the golden
bull; ancient Israel the golden calf, and
that same ancient material, composing
tboae animals, seems TO have wcrsnlppers
today in high places. So sacred ls gold in
their eyes that some seek 10 retlre SILVER
entirely by suspending its coinage
Tue founders of this government ana
indeed all our Statesmen prior 70 thirty
years or so ago. believed In the two metals,
and seem to have SO provided in the con-
stitsItjon, These "fathers" also imagined
they had so shaped the fundamental law
of this land as 10 prevent the law making
power disturbing values, thereby making
some rich by robbing others.
But there seems to be no end to the
tricks and legerdem ain in legislation. ln
some cases they call II "protecuon,'
good name; and in other cases these men
talk about an "honest dollar" In other
cases IL Is favorittsm. :.
One time, with the tinkers referred to,it
is sx pansion OF the currency and Imitation
is the result, appreciating gold, and max p
irlsr il convenient to run up public debt,
by the government receiving at par the
dOpreciated paper, The public debt, that
modern public blessing, being piled up
aufH ciently, is thereafter doubled In value
by a return to specie payments and an
honest dollar. Observe there was no
COMPLAINT Of a dishonest dollar when the
pubiic debt was being piled up.
Hut all the foregoing was not enough:
Silver the big and most useful half OF
specie, was demonetIzed in 1873 by the
Sherman mint bill. The same financial
tool and tinker two years ago, was the
author of the law requiring the purchase
by the government every month or Tour
and a half million ounces OF silver. lhls
was designed to quiet the advocates OF
free coinage of silver, and as a sop to
satisfy the owners OF silver mines.
In Ebe hands of these tinkers, govern
ment is used for speculation In every way.
They do not want "to establish justice"
do no wstut "a plain and simple govern.
IuenG that shall not take from the mouth
of labor IUs bread il has earned" They
rather u.aut a costly, plundering fabric,
not drtfvEing essentially from the royal
despotisms elsewhere.
lis something, that the Democratic
platform adopted at Chicago, pronouGces
against the Sherman law of 1880. The
platform does not say free coinage of
against the Sherman scheme is next
tli1g to il, for take it the gold bug tinker
ia Congress will not dare TO propose a
suspension of silver coinage. Few OF them
Rould ever see our Congress again should
they do DO. 1t seems to me il would be
well 10 sound candidates for Congress as
TO their views on the silver question. The
people surely have right to know.
We have for some time heard of dshon.
est ssJysr dollar, as IL had only seventy
cents worth of silver, the inference being
as ''Enq nrer" says, that the gol1 dollar
was hon st and contained 100 cents worth
OF gold dustor bullion.
am convinced, however, the fact is
otherwlse and that the gold that passes,
when coined, for a dollar, costs less to
produce than the silver in the silver
dollar 1t seems to be the same ole gag,
namely, that we poor common mortals
must accept what financial magnates
claim and he meek and docile Hereunder.
Whatever they do or desire is right and
whoever would have IL otherwise is an
outside barbarian unworthy of salvation,
Now, as to the question of your cores
pondent, Euquirer the Pittsburgh Dis
patch of recent date contained the
following:
CHECK TO THE GOLD BUG.
From the Pittsburg Dispatch.
The utter insincsrity of the anti-silver
men is beyond belief-if they give the
people credit for any intelligence at all. |
when they condemn in such fierce terms |
's silver dollar because it only costs 20
-'0ts to produce the silver in il one would |
. oppose of course that it cost 100 cents TO
rodGce the gold in the gold dollar. But |
what Is the fact? According to some |
'SuthOritles II costs but 80 3 cents to pro.
Suce she gold in gold dollar. What |
rtght mas IN" Government to give the gold |
men 81 cents on Every gold dollar coined ? |
'ThefUregoing extract was taken from |
he New York Weekly World of June 14th,
1892.
The difficulty in the way of knowing |
he value of gold bullion may lie in the l
act that the producers thereof have free |
coinage and can take their gold nuggets
10 tile mint and have them coined, and |
pet their gold coin to put in circulation.
Iu the case of silver the government ia
he purchaser of the bullion and the price /
Q a public matter. The silver producer
,aunot have his product coined free as |
Foes the egold man. The golden bipeds are
ar costs hut 81 cents or so to produce, |
sIhUG ae comes OF the goldbug cry for an
.bonest dollar" At the rate given. the
roiil dollar is the dishonest dollar. When
lem onetized in 1873, silver was above par |
~ com pared with gold, and really 1t would
seem Co be so yet nplnB ueIhoh'
sGiz alton here and in other countries.
Evidently, the silver question will not
iown. and the gold.buI gentlemen and |
.heir followers may as well understand 1t. |
The people demand monetary reform |
zs well as tariff reform; and the former |
Is needed as much as the latter. The |
games afoot, and let there be no step |
pack ward. Let me say the Democratic |
party may be depended on.
Major Jones, editor of the st. Louis |
Republic, who was a member of the com |
nittee on resolutions at Chicago, thus ex-
pIains the silver plank in the platform:
MAJOR JONES EXPLAINS THE SILVER
PLANK L
From st Louis Republic
~By the coinage plank of its platform,
adopted at Chicago, the Democratic party
pledges itself to coin silver on the same
Terms on which gold is coined; to main
tain the parity of the silver, gold, and
paper money issued by the UnIted States,
4 4. - II.