Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1892-04-06
The SILVER QUESTION.

THE SILVER QUESTION.
Our Present Law Diseriminates Against
America in highlands Favor.
Silver Spectators sell silver to the
government at about 95 cents per
ounce.
An ounce contains 4sO grains; gov
eminent puts 3711S grains into dol
lar.
The alloy makes the dollar weigh
412k grains.
This alloy silver is called standard
silver.
But government buys pure silver,
and the alloy is put in at the mint.
All last year spectators got about
| $1.05 per ounce.
Government buys silver every month
| q, 500, 900 ounces.
The spectators in silver get their
pay from the government in silver
certificates, or treasury notes.
These silver certificates are redeema-
bic in coin.
The secretary o. the treasury has
been in the habit OF redeeming them in
gold.
Very much of this gold goes to En-
gland.
London is the market of the world
for silver aud gol and fixes the price
Of both metals
The price of : in London ranges
at about 81 t. IT'S for the amount
OF SILVER coma a rupee OF India.
The Indiau rua contains 165 grains
pure silver-jus i've grains more than
one third of an ounce
An Indian rupee is worth As cents.
So three rupees are worth 81. A
Gold is not a legal tender in India.
Silver is their currency.
India is called British India, because
England governs India.
There is free coinage of silver in In
dia
So, England sends her 80 to So cents
worth of silver to India and has it
coined into rupees.
She makes from 10 to 10 cents clear
on every rupee, or rom 90 to AZ cents
on every ounce of silver.
Then England. with these rupees,
buys wheat and the other products of
India and ships them to London
London is also the standard wheat
market of the world.
But when the American government
comes every month into the market to
buy silver, then England diverts some of
her Indian silver in this direction and
is ready to furnish through her agents
here all the government wants at 95
cents per ounce or more, as aforesaid.
The secretary of the treasury says in
his report of 1890: "The treasury de-
partment has paid, as a rule, price
considerably in excess of the price of
silver in London" Page SO.
For the silver England is paid in sill
yer certificates as aforesaid, and draws
the gold on them aforesaid.
Then the gold is used to buy Ameri-
can wheat or American silver, or
American cotton, at the London
market price, minus the cost of trans
portation.
AS soon as the government market
for silver is supplied, silver drops in
price until about the next market day,
when it appreciates very perceptibly.
England is single standard govern
ment
That standard is gold
Everything is measured by gold.
Gold is meas ured by the London man
ayers of the board of trade.
Here is the result:
London-How much gold will you
give us for our silver?
Just as much as l please"
London-We will want to buy some
of our silver back in few days, what
will you charge us for it?
Just as much as please"
England-How much gold will you
give us for our wheat?
Just as much as I please"
"How much for our cotton?''
''Ditto, bedad; just as much as 1
please
Independent England
Dependent America!
Another declaration of independence
is in order.
When in the course of human events
it becomes necessary to show to En-
gland a second time that we are going
to cease to be q founded set of fools
Wen git" mp an. 10 it
and there's 81 hty host of tories
among US that again have to git
up and git
Isn't it most asto fishing that by Just
assuming that gold is worth so much,
England leads us about by the nose,
wrings our nose and cracks the drivers
whip over us?
Is not that something to reflect overP
While our nose is being ground off,
let us reflect
While we are tumbling heels over
head under the harrow, let us reflect.
How much is gold worth?
Can you eat it?
Can you wear it?
Can you feed it to your children?
Can you feed your hogs on it?
Is there anything under heaven that
comes nearer being useless?
Is there any use to which it is put
that cannot as well or better be sup
piled by some other method?
defy all England to answer.
Talk of that being a standard of in.
trinsic value which is of itself about
the most useless of all commoditiesl
That's talking tomfoolery.
Making the tomfoolery practical is
practical tomfoolery.
Laying still while this tomfoolery is
being budded in is sneakiug, cowardly,
ignorant, greasy tomfoolery, that has
no regard whatever for posterity or
common decency.
Oh for stroke of thunder, that will
crack the skull of the American people
and let in ray of sense!-So So, in
Pittsburgh Kansan.
The gentlemen opposed to the free
coinage of silver say that the silver in
dollar is produced for forty-one cents.
Suppose it is so. What of that? The