The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1892-06-10
NOT EXACTLY CORRECT.
The Highland yIdette Little on In 1T
Illustration.

The Highland Sldette q Little Ou IN Ats
Illustration.
The Highland vidette. explaining the
effect of the free coinage of silver, says:
Free Coinage OF Silver-If We understand the
demands Of advocates of free coinage, IL is that
Uncle Sam shall convert the miners silver bull
lion, which Is raw material into coin with the
governments stamp which declares IL then q
manufactured article and ready for the market
Or he takes the miners raw material and cor
verts IL into merchantsble article with the
added value of coinage. free OF charge. II this
Is correct why not take the farmers wheat.
grind into good grade Of -four, sack. label and
return. with added value of grinding sacking,
etc, free Of charge:
The Vidette makes out the case en-
tirely too favorable for free coinage.
The illustration will bear considerable
amendment 1t should have said that
under the proposed law, the mine owner
would take his silver bullion to the
mint, where it would be turned into
coins worth, at present prices, 20
cents on the dollar, stamped by the
government zone dollar" and returned
to the owner free of charge for coinage,
and that the farmer, merchant and
laboring man would be compelled TO
receive these coins as one dollar. The
farmers who advocate this thing, never
fail to howl against ''class legislation"
To treat all alike, the government
should grind the farmers wheat free of
charge. sack and return 1t TO him in
seventy-pOund sacks, stamp each sack
100 pounds of flour, and compel the con-
sumner to receive it as such. The de-
mand is that all the silver in the world
be coined on these terms, and the farm
ers are the chief ones demanding it In
stead of demanding that dollar con-
tain a dollars worth of metal, they
have an idea that an abundance of this
deprecated money would cause their
produce to bring a better price
They do not consider that if 1t
did, they would have to pay
so many more of these dollars for
whatever they were compelled to buy
that if deprecated money increased
the price of their products, it would
also increase the price Of other peoples
products, which would leave them in
exactly the same relative position they
were before. with the disadvantage that
an abundance of cheap money would
SllI1ulhlc unitCdAtAAy SbCGuANliC-s oA-
leave everybody in bad condition to
meet the crash which must inevitably
come Senator Stewart of Nevada, one
of the biggest silver mine owners in the
world, makes himself wearisome with
his constant shrieks in favor of free
coinage; and yet in all his investments
he puts in the contract a requirement
for payment in gold. He knows
what the effect of free coinage
| would be, and he fortifies himself
against it II he can get the delud-
ed farmers, and such republicans as A
w. Smith, to act as his catspaws in
carrying free coinage, he will have his
silver coined into dollars worth 20 cents
apiece. which he will unload upon the
farmers and laboring men, and enjoy
his yellow gold
The doctrine of the republican party,
| that the president is now In a fair way
of carrying into effect, is to secure an
agreement between the great CONNER
cial nations of the world, whereby sill
yer as well as gold shall become a
measure of value, and prescribing the
amount of silver that shall compose a
dollar. Then a silver dollar would be
the same the world over, and there
would be no danger of draining this
country of good money, leaving the
deprecated stuff here, for Americans
to do business with.-Troy Chief