The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1892-02-23

into dollar and quarter, or IN other words he
has in realty gold dollar and a quarter Tor ms
gets lis dollar in gold. but lie cannot with that gold
dollar buy silver Tor coinage at nome for the reason
that free coinage is denied him, silver coinage
here being limited to the government account
What Does the American Farmer Get?
The American farmer gets y dollar for given
amount of wheat meats and cotton produced
Whereas farmer in silver using countries eets
dollar and quarter for the same amount OF MS
product. Free silver coinage would put sliVer
and gold on practical parity, thus putting Ghe
American farmer on an eguaity With the l' daa%
that the free coinage of silver would thus adu at
least II to IS per cent to the value or an FARM
products, that it is clearly seen that the gam OF
the silver MINER as compared to the gain OF the
American farmer by the free coinage OF silver, Is
practically insignificant.
Cotton Went Down with Silver.
On this point tho majority quotes from an
article printed the past week in a Wall street
paper calling attention to the fact that SILVER
and cOtton--of the latter of which we exported
in 1891 S27665S, 029, against 1921 ,492, $50 of
all brcadstuifs-are selling at the lowest prices
in history. A telegram from New York, dated
February 1st is also quoted. This telegram
related that cotton mad tunbled the day be-
fore, and, after noting that the decline was
partly due to a large unused supply, said:
Low price silver is also a factor i'll the decline,
as England settles with India in silver and the
lower silver goes the cheaper England can buy i'll
India.
Continuing, the report says:
Hreadstutfs are doing somewhat better now than
cotton, owing to the failure of such crops nearly
everywhere except il the United States iet,
Notwithstanding Il 3 unusual failure our food
products are selling too low for any profit.
These are also falling, and will suffer the same as
cotton under like conditions.
Mr.. Eartne's Report.
Ii conclusion the ma iOrity submit the re-
port made at Tie last session by Mr.. Earine,
of Nevada, who, rs the leader of tie FREQ coin
age republicans on the committee and in the
house, made q comprehensive, exhaustive ana
judicial review OF the silver question II all Its
details. In this document, Mr.. Bar;lne went
into the cry that free coinage would flood
Us with cheap silver. showing by consldera-
ton of the financial conditions in Europe and
India that it was not to be apprchendcd.
Quotations from Mr.. Bartine's report also go
with more elaboration into most Of the points
outlined i'll the first part Of the report 20 he
submitted tomorrow
What tlc Minority Say.
WASHINGTON, February 15.-TLe minority re-
port of the house coinage committee on the liianti
Tree coinage biz was made public today. it Is
signed Ivy aIeSsrs. Tracy, of New York; ADncr
Taylor, of Illinois Charles w. Stone, OF Perrsyl
vania; Williams, of Massachusetts, and johnson,
of North Dakota. The report says the bill re
ported 10y the majority OF the committee begins
with provision that the "unit OF value III the
United States shall &c two units. ono the Standard
silver dollar WORTH 20 cents, and the othc! the
god dollar, worth 100 cents" They then go ON
with the usual stock a:Guaen: OF the Sc!dbuGs