The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-07-17
9, rx,BLEMONEY SYSTEM.
\ Gold and Silver be Coined
Free.

s7x.J udQe fuScuc w ili'oiho IA viz
nsllas News of Saturday, says:
Silver and goli are money metals,
"a do the golden streets of the
wv Jerusalem lead to contrary
Inclusion, or the time.worn plati-
M es of ancient statesmen pro-
unding their views upon silver
be6t the people, unless addressed
~ some logical and sure plan of re-
ssllt is conceded by all that silver
I3 st enter into and form part of
money of the United States.
ke Chicago platform demands
tity with gold; the gold men con.
BE it's usefulness only as small
auge. Here the contention arises
be determined by all democrats
upon the demands of the
icago platform. Does this plat.
m demand parity of gold and
YER from the standpoint of the
btor or that of the creditor? If
two metals are made legal ten
for all debts at the option Of the
Sbtor this equality is such from his
1 ndpoint alone, and if free and
unlimited coinage should follow
BIZ equality the gold men predict
1t silver will depreciate and gold
quoted at a premium. On the
her hand, the silver men believe
~ this Justice done the white
% tal will result in its appreciation
~ value as bullion and the vindica.
I'm of its claim to equal favor as
IDney metal.
But, to say the least of it, this
l1ster belief is not condition, but
2theory, and the finances of the
5nntry are in no condition at this
Ihe for the testing of theories, un.
j. the test be secured against
rm. The silver men should be
hu ged in their belieft only so far
such Indulgence may be granted
on sure financial basis. If the
btor enjoys the right to tender
ler gold or silver there is parity
these coins from his standpoint,
the metal at the time least valu.
e, whether gold in 1873 or silver
1888, would be rendered in pay
MT of all debts, and from the
|ditor's standpoint the parity of
d and silver would not be so APP
lent. Unless the equality is
intained from the standpoint of
creditor az we'll as that of the
lbtor the demand of the Chicago
storm will prove more detri.
sntal to the debtor class of the
Dpntry than the adoption of gold
Gandard. The solution of the great
WESTON should be found in reas-
&aable construction of what is
neant by parity of gold aud sill
~, viewed from both standpoints.
are both money metals, and
= money of the United States
1puld consist of both together,
th paper promises to pay. The
ld, silver and paper should be re-
ENABLE in gold, silver or currency,
Ethe option of the holder-that is,
holder of gold coin should
Fe the privilege of redemption in
yer or paper, the holder of sill
MI coin in gold or paper, and the
lder of paper in gold or silver, at
III option. Then let us have free
a unlimited coinage of gold and
Ter at the ratio of sixteen to one.
Ssa gold should, for the time, be
Pre- precious the creditor would
pct gold, if silver, then silver;
in either case, unless moved by
Fentitious causes, he would prefer
berthe gold and silver serving
"a safe basis or foundation for our
per.
Such money, with an option in
creditor, would at this critical
bod relieve the want of conf
bee. 1t would confer all the
ssings promised by the free coin
of silver; it would increase the
capita of Judge Nagent's fol-
Fers and leave no room for OBJ.
tlon on the part of any man.
e gold man and the creditor
uld have the option of demand.
gold, leaving silver to work out
own problems. The silver man