The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1892-03-05
A Little Intricate.


above, on earth beneath or in the
water under the earth.
The main difficulty is that it is
entirely to intricate for the ordin-
airy mind to comprehend, and its
Interpretation more difficult than
was the handwriting on the wall of
the palace of the Asyrian Monarch.
Here it is:
We demand that "every dollar
coined in these United States shall
be the equal of every other dollar
so coined and demand the redress
OF their present shameless inequal-
ity."
Let us dissect this rare bit of
literature.
"Every dollar coined shall
be the equal of every other dollar
so coined"
We have yet to learn that the
United States are now or ever
have been engaged in coming two
or more kinds of dollars of unequal
value or weight.
The word dollar is a name az
piled to but one coin in the "these
United States" and this coin is of
silver of the weight Of 4125 grains
nine-tenths fine.
This coin was made the measure
of value of all commodities as well
as of all other coins.
This coin has remained the same
ever since the establishment ofour
mint and was more valuable than
gold in 1878 when John Sherman,
undertook to boom gold for the
benefit of American and English
bankers, SO if the n. Y. resolution
means anything tangible it means
that the fictitious value of gold
shall he reduced.
If inequality exists this is the
only means to bring about an
equality without disturbing all 9TH
er values to the ruin of all interests
save that of the dealer in bullion.
That the advocates of "free coin
age" will willingly feed upon such
hollow protestations as are con-
tanned in the Albany resolution is
not to be believed for a moment.
Voicing the sentiments of the sill
yer men the st. Louis Republic
truthfully says:
"What shameless inequality be-
tween American dollars is Tam
many talking about? A silver dol
lar is worth 100 cents. a gold dol
lar is worth 100 cents. There is
no shameless iequality" about
that. Every silver dollar that has
been coined is worth 100 cents, and
no gold dollar that has been coined
is worth single thousandth part
of cent more. All this demand
for free coinage is not because of
dissatisfaction with the Hundred
Cent legal-tender silver dollar. On
the contrary, it is an expression of
great satisfaction with the quality
the equality-of the silver dollar.
The free-coinage people say: "The
silver dollar is a Hundred-Cent
Dollar, just as good as the Hun
dred-Cent gold Dollar. We want
more Hundred-Cent silver dollars,
and we are going to have them.
If you want the gold dollars, take
them, and give us the silver. They
are good enough for u.s."
But Wall street replies: "You
owe us debts. There is only 70 cts.
worth of silver in your alleged
Hundred-C silver dollar. If
your silver dollar is worth 100
cents our gold dollar is worth 1875
and upwards. What you want to
coin silver dollars for is to pay us
our interest in silver dollars in
stead of in gold, when the Unequal
ity between the silver you would
offer and the gold we demand is
shameless"
And so the State Convention
echoes: "The inequality is shame
less"
The free-coinage man will answ-
er: "Gold bullion is at a premium
compared with silver, and it will
remain so, so long as gold can be
freely coined while the coinage of
silver is prohibited. When you
talk about the shameless Unequal
ity' of the silver dollars already
coined you are declaring that no
more of them shall be coined.
When you call Hundred-Cent
silver dollar "a Seventy-Cent
dalIar' you are measuring by the
only standard that will give that
result, by the single gold standard
yardstick of Wall street. We are
not fools that such bungling ignor-