Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1893-07-27
Christian Denunciation of Silver.

assembled to repeal the Sherman law
under which the government is re-
quired to buy a certain quantity of sill
yer every month. Their demands have
been emphasized by an event which
took place on June q. Until that date
the Government of India was large
purchaser of silver. 1t received from
private holders silver in bullion and
returned it to them coined into rupees
deducting two per cent for the cost OF
coming it. That arrangement has
now discontinued. 1t may be supposed
that the Government of India will con-
time to purchase silver for coming,
but it will no longer take and coin all
that i: brought to it. Gold is to be
introduced and in order that the people
may not be Inconvenience and puzzled
by the change, the Government has
temporarily fixed its value in relation
to silver. The rupee will be worth
thirty-two cents. This action leaves
the United States alone in the world as
Il large purchaser for coinage. The
sudden closing of the great market for
silver in India caused a heavy decline
in the value of the metal. The rate
per ounce fell ten cents in three days
and on June 30, sufficient metal to
make standard silver dollar could be
bought for fifty-four cents. 1t is Obvi-
Gus. that, while our own citizens may
continue to accept the coin as a dollar,
it could not be used in transactions
with foreign nations as of its face val
ue, The coin, therefore, becomes
merely a token of fictitious value. So
long as the United States Government
will receive them and give gold coins
for them they will be worth a dollar to
our own citizens but should it ever de-
cline to do so. the CONS will be worth
only their intrinsic value, which, just
now is little more than one half their
face value. The compulsory monthly
purchase of silver is therefore a loss to
the nation and a gain only to the silver
producers, Congress will, therefore,
when it meets, be asked to relieve the
Government by repeating the law. 1t
is regarded as discreditable to be using
a coin which is worth so much less than
it processes to be worth. The standard
coin of a nation should be worth so
will accept it at that rate. They will
receive our gold coins in that way.
But we should never forget that the
time is coming for every one when all
standards of the kind will cease to
operate and even gold will be esteemed
worthless. duke 12:20.) y Christian
Herald.
We suppose the above article speaks
ex cathedra, and that it will be consider
ed heretical by the truly good to say any
thing in criticism thereof. At the risk
of excommunication by bell, book and
candle, we offer a few suggestions that
it might be we'll for the organ of the
Rev. Talmage as we'll as some Of our
church papers to give heed to. The
West and South, of late years, have
come to have a high opinion of the
business ability of the Devil. While
we have become quite accustomed to
hear many ungenerous, not to say spite
| full, things said of him, we have never
heard any one accuse him of being a
fool, end latterlv he has convinced
every appropriated mind that there are
absolutely no crumbs on his financial
sagacity. He can tell to the fraction
of a cent how much he can afford to
invest in a pew or pulpit His unerr-
ing instinct is never at fault when
placing a mortgage on a church, or
buying a block of the stock of its
mouth piece. The reform in his per-
sonal habits is not less striking. He
no longer engages in the vulgar bust
ness of breaking up camp-meetings,
bedeviling kline and enticing old women
to perform equestrian feats upon I'M
orthodox brOomsticks. but frequently
takes his place under the tallest steep
les and breaches from the Hottest pull
pits, or helps edit the church paper.
1t is only in a spirit of kindness and
good will that we call the attention of
our friends who are disciples OF Mr..
Talmage, to the revised methods of
the enemy they have enlisted to fight,
for fear they might sit down to the
siege of fort that contains no heavier
artillery than Quaker guns, while the
enemy is left free to roam whittier he
will. In the article we quote, the edit
or reaches lame and impotent conclu-
sions. In the first place, we are
shocked at the calmness with which Il
paper that processes to advocate the
opinions of the meek and lowly Jesus,
cOntemplates the increase of the bur-
dens of the Hindoos, who have been so
bled and oppressed, that the fact that
they have not rebelled against their
task masters argues phenomenal pa
thence and long suffering on their part.
Such an increase would surely flow
from arbitrarily increasing the value of
the rupee. by limiting the supply. The
Hindoo, who has the clearest intellect
of any Oriental, will see that his debt
is increased by just as much as the
value of the rupee he has to pay it with
is increased. He will feel grateful
when he reflects that his load has been
made heavier, and his lot in life hard
er, for the benefit of those benevolent