The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-11-05
sILyER IS NOT DEsTROYEp.

SILVER is NOT DESTROYED.
We notice in some of our contempt
raries such expressions as these;
Now that silver has been demone-
Iitized;;'' Silver has been knocked OUT
with similar misleading assertions
The Governor of one state has issued
a proclamation for Thanksgiving Day,
in which he speaks of "ill-advised
legislation having made gold alone a
full legal tender money"
All this clap-trap is intended to
arouse ill-feeling against the President
and those members of Congress who
voted for the repeal of the Sherman
purchasing law. There is no truth in
it. The removal of that provision
from our statutes has not changed the
status Of silver as money. AS mat
ter of fact silver has not been de-
monetized at any time. It has always
been used as money under the gov
eminent of the United States.
In 1873 the unlimited coinage of sill
yer was stopped through a change in
the law, but silver was not thrown out
of the money of the country. 1t was
continued as subsidiary coins. It was
robbed of its full legal tender, but
THAT was afterwards restored. And
that restoration has not been changed
by repeating the Sherman provision.
The status of silver as money has
not been changed by the recent action
of Congress. The government will no
longer buy silver to stack up like pig
iron, that is all.
II there has been any decentralization
of silver it was effected in 1873. If
the white metal was ever knocked out
it was then. And the statement that
the action of Congress has made gold
alone a full tender money is absolutely
untrue
When Republicans talk of the ac-
ton of the Democrats on silver just
quote to them these figures, after re-
minding them of the act of 1873 and
that of 1878, which proved their hos
tility to the white metal The votes
they cast in recent Congressional &C
ton were these:
April 8, 1856
Republicans for free coinage &c
Republicans against free coinage 80
June Z, 1890
Republicans Tor free coinage Ii
Republicans against free coinage 127
June %, 1890
Republicans for free coinage %
Republicans against free coinage 1876
March "a, 1852
Republicans for free coinage II
Republicans against free coinage 81
July 10, 1892
Republicans for free coinage s
Republicans against free coinage 60
August %, 1893
Republicans for free coinage la
Republicans against free coinage liz
If voting against free coinage is vot-
ing against silver just see where the
Republicans stand. There are various
views as to what is the best financial
policy for the country and among them
all there is none that we know of
which contemplates knocking silver
out" and making gold the only money
of the nation.
Silver viii continue to be used as
money. 1t will be paid and received
as legal tender. 1t is a pity there is
not more of it in circulation. That
will come when the silver policy of the
administration is defined and is
moulded into law. Meanwhile set sill
yer in circulation. Don't run it down
but run it around. It's as good as
gold for all purchases and payments
except that it is more cumbersome.
AS money it is equal with gold unless
on special contract or agreement to
the contrary. And the Democratic
party will carry out the pledge in its
platform, maintain the parity of the
two money metals and see that all
the coin of the country is interchange
able and not Respectable.