Walker Lake bulletin. (Hawthorne, Nev.) 1883-1926, 1892-05-04
YaLker Luxe Bulletin.
Official Paper of Esm sralda County
The Free Coinage of Silver.

States, Is one which Will gam III VOL
ume and force as time passes, and its
effect becomes more thoroughly under
stood by the people.
1t Is nal understood as yet by the
masses. The mistake is made by many
of confusing its meaning. Ia its lit
erai sense it means the enactment Of II
law throwing open our minis to the
coinage Of silver without any nmila-
lions rs to amount or where II comes
fr"m.
Free coinage Is an ultimate result.
Il /. All end to be obtained, but Is mol
necessarily tho absolute means OF OBJ
tanning Tho end. In its abstract sense
the free coinage Of silver means the
opening OF all the minis Of the world
to IT, at 4 fixed legal ratio, aad csnss-
qucntly its full and complete rsmone-
,izatisn throughout the world. To-day
il Is excluded from the miuts oil many
leading nations, and net until this re-
strictisn is removed CAL we say that
silver Is thoroughly and completely
remor stlzsd. People differ y To the
best means of bringing about this re-
suit, many claiming that the United
States can, single-handed, carry the
proposition through 10 4 successful
issue by the enactment OF a free csin-
age law. Others claim that y pure,
unadulterated free coinage act, without
any limitation upon foreign silver,
would cause financial disaster and
widespread distress, consequently
those who would naturally favor a
measure that would help the people
hesitate when they hear the cry Of
free coinage" and interpreting it rs =
demand for specific ACT, which they
consider dangerous, range themselves
against it, Or hedge by talking sf N
international monetary conference to
settle The question and all this is the
outgrowth Of = Misunderstanding Of
its meaning
1t should be approached gradually.
First, lot the United States give FREQ
coinage 10 Its swn product, or do what
il the same in effect: issue certificates
upon the bullion At the rate Of 81 go
for every ounce of fine silver deposited
redeemasle in coin and legal tender Tor
all debts, public aud private, including
custsrns duties, thus giving the United
States the ssundest paper currency
ever known in the world, and ex-
cludc foreign silver. AMI very sosn we
shall see foreign rations adopting the
same course aud ratio, aud when that
IL doao our 6ght is ever.
The question is u burning one. and
is To-day ia the United States Of more
importance thar ever the SLAYER, ques-
ton was. In fact without the reslora-
tioA Of silver, the condition of slavery
will bs more securely fastened upon
nine.tenths of the people Of the United
States than were ever the bouds upon
the negroes OF the South. The de-
struction of one-half of the money of
ultimate redemption, must necessarily
give the remaining halt much greater
purchasing power, and this is exactly
what has been brought about by dis
creaiting silver; nearly all conn ODDITIES
have declined in exactly the same ratio
MS silver Tor, inversely, gold has raisedl
and will continue 10 follow the
same course unless silver is restored. .
This means that SO much more labor
must be expended to produce pound
of wheat, cotton. wool, iron or other
product Tor ,nvcrsely wages must drop
In order TO accomplish the resulD. 1t
isa fight between capital and labor,
and when thoroughly understood by
the people all other questions will pale
into insignitlcance.
Capital desires to prevent the rcsto.
ration of silver, that 1t may have
greater command OF the people and
their prsducts 1t understands the
question and the situation and stands
to-day banded together to tight desper.
ataly by bribery, fraud or chicanery
any attempt 10 restore silver and to r,-
lease the people from their bondage.
On the other hand, labor has not come
to fully understand its position and
stands uncertain and divided. Il
knows something is wrong, but can
net tell just what it is. and not realiz-
ing from what quarter the blows are
coming stands apsihetic. The people
Of the silver States were the first To
feel the effect and locate its cause, and
~ . consequence have studied the
question more closely, and are tho frst