Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-08-11
The snver Qno.t.on TO BE Settled.

The Silver Question 70 BE Settled.
One Of the objections to the SHERMAN
silver law is that It provides bv its very
terms for keeping silver in the condition of
a mere commodity. The law was fore
doomed O. failure. Toproyide for buying
silver ls To- provide that silver bullion shall
not bt worth Us much o. silver coins.
Either silver is money metal and ought
10 bee coined upon the same terms as gold,
or c.se u Is nothing more than token
money. SILVER money Is either real money
Or Else 1t stands upon the same foot!ni as
crecnback aud j. 20 be regarded not as
money of final payment. but ~ currency
e. he redeemed in some way or other-say,
bv being received tor customs dues or III
terDIl taxes.
Ii s,cms ~ us that the caucus Of mem-
bers of the House Of Representatives
which met on Wednesday last IN the IN
tcrcst Of tue free coinage OF silver showed
"A most conciIiatory spirit and conceded
all that the other side could have expect
ed that caucus 10 concele. Here Is the
resolution adopted unanimously by the
caucus:
"E,soitci That We will support bill repeal
Ing the purchasing clause in the sherman act
and c0ucurroutiy providing Tor the free and IN
tranmeilcd coinage Of silver, with full legal
sender quality ami such n ratio as Will provide
aud maintain the parity between gold and
silver
As we understand this resolution it con-
cedes that as the gold bullion IN gold
dollar il worth on every exchange III the
world as much "a the coined gold dollar
itself. SO the silver bullion III n silver dol
lar shall be increased in quality until 1t Is
worth on every exchange in the world as
much as the coined gold dollar. Ii this
resolution as it stands shall be supported
by the friends of free coinage, the oppo-
nents of free coinage will hardly raise any
objections to IL. lf 1t becomes a law its
passage will be the greatest possible
tribute to Mr.. CLEvELAND's ability and
statesmanship.
IL Will not be inconsistent in them for
the friends Of the free coinage of silver TO
vote for the caucus resolution. Ii they
believe, as they profess to believe. that
the opening of the mints to the free COIN
age OF SILVER will bring silver bullion up to
par WIN RoiA bdiitbus NhNi NAA AHst" N.4Nf
need demand is free coinage. The ratio
will take care Of itself.
1t may be objected that silver dollar
containing a gold dollars worth of silver
bullion would have entirely too much
weight aud bulk. This objection would not
apply 10 subsidiary silver coins. Quarters
and halves would not DO too heavy or too
bulky, and tho ten-cent piece would be I'M
proved. Silver certificates would be used
TO represent the silver dollars.
Our Atlanta GA contemporary, the
Consultation. Will probably object to this
compromise resolution. We have warned
that paper all along that free trade was
NOS 70 be the leading subject TO be legis-
lsed upon by Congress, and that the
Chicago platform had served its purpose
and was 10 longer binding upon the Demo-
Gratis who desired TO begin "a campaign
Of education upon other subjects.
At any rate, the lively times" which
We have bcen for some time predicting
promise soon TO DO upon Us. - Men and
Brothren.n as HORACE GREELEY used 70
cav. let us DO patient and conciliatory, and
keep our eyes upon the future.