Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1892-02-04


quotes from statistics that the whole
gold product of the year 1889 was used
for coinage purposes. Is not gold year
ly becoming scarcer? If it is, is not the
decline of silver, like the earth drop
ping from under the man who suddenly
goes up in a balloon, more apparent
than real? Measured by the commOd-
tiles we deal in-the necessaries and
comforts and luXurieS of life--an ounce
of silver. until the Ubiquitous demonet-
ization of the metal, was of equal value
with it's co-relative proportion of gold.
All its depreciation has come since its de-
na0netizdtiOn You know, Judge Emer-
son, in law, no man is allowed to plead
this rule TO the silver question, and you
are knocked sky-high on demurrer.
If the Government is to treat silver
as a commodity, and go upon the mark
ct and purchase it for coinage purposes,
why should it not the same with gold?
Is not the silver so purchased measured
in terms of gold? and are we not now
practically at gold basis? 1t is this
gold basis that the people are determ-
ed to get away from, just as they would
quit dealing with a merchant whose
yard-stick, day by day, grows shorter,
L
The silver-mine owner has a good cause
to complain. Up to 1873, the product
the same basis as the product of the
gold-mine owner. When the iniquity
of '73 was perpetrated, the product OF
his mine was artificially deprecated by
taking from it one of its uses-that of
being a money metal pure and simple
and that burden was entirely transfer
red to gold, until the Bland act, and
from that time TO 1891, partially so,
since which we have approximately the
gold standard again. When silver was
demonetized-for that is what happend
when it's coinage ceased, and also when
the Government went upon the market
to purchase silver for money purposes
the burden of Indebtedness of the
people of this country was increased by
from twenty to thirty per cent, and the
people of this country look TO the Dem
ocratic party to right that wrong; and
it will do so, or defeat will surely fol-
low upon its failure to make the at
tempt.
Gold and silver are the money metals
contemplated by the constitution. and
copper and nickel coins only circulate
on the assurance that they can be ex-
changed for either gold, silver or pa
per. There are two fights going on
now along the same line: one to strike
the shackles from our foreign COM
merce, in order to give our people the
advantage of an open and free market,
and to prevent our manufacturers from
creating an artificial scarcity OF the
necessaries of life; the other to liberate
Our domestic commerce from the grasp
of the money barons, by opening our
minis to the free coinage of both the
money metals, thereby preventing an
artificial scarcity from being created in
the most necessary commodity OF
money.
If the views of Mr.. Carlyle and Mills
are to be considered upon the silver
question, why not pay some attention
to the views of the late Messrs. Randall
and Barnum, as well as Senator Hill
and other Democrats, on the tariff ques-
ton? We believe the Palmer interview
to be fake, for the reason that he de-
clared himself to be a Free Coinage
man to the two members of the +. M.
B. A., without whose votes he could
not have been elected to the Senate last
winter, and we have always considered
John NJ. Palmer an honest man.
There is no more division in the ranks
of the Democracy upon the silver ques
ton now, than there was six years ago
on the tariff question. We are glad to
have the silver question discussed, for
now is the time for discussion. We
hope Judge Emerson will come again.