The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-06-30

Inc money OF the country consists OF
gold and silver coin. greenbacks, silver
notes and certificates. the paper money
being promises to pay In coin. The paper
dollar. the silver dollar and the gold dol
lar are A. good ~ gold as long ~ you can
get gold dollar for them. Free coinage
would make It impossible to keep the gold
and silver dollar Of the same purchasing
power. because the silver dollar in use
contains only about 50 cents worth Of
bullion st the present market price. In
the worlds money the ounce OF fine silver
10 worth abou. 20 cents, but our coinage
rate was established when Ii Was worth
&L23,. in gold. aud We put exactly the
same number OF grains Of silver into the
dollar now and no more. With free coin
ago anybody could buy 100 ounces of
silver In Mexico or London, costing at
present 500 in gold. send il to the mint
and ret e,s0.ao in standard dollars
for IL, which dollar the Law makes
legal tender In payments. I'm
porters could not pay for their
goods in Our standard silver dollars: they
would have pay for them in gold. and ru,
up tAeir prices tn get back the gold price
paid for them. Under free eoinsga there
would he two kinds of money. the gold
dollar and the 20 cents dollar. and gold
would so 10 premium representing tho
difference between the 80 cents silver
dollar and the loo cents gold dollar. Jus,
~ gold wen; 10 . premium during eur
civil war. representing the difference be-
tseea our grecnsscs dollar and the gold
dollar. What would I've tho consequences
This question the New York Tr.bhne
answers by the following nlaln staleTnen.
OF financial facts:
Some rwsscn thai tho pries OF silver rnsSh,
rise Doubtless Il would II We had gold enough
se bay ali tae silver the world has 20 sell
oasefaman, sisa take ali the s.lssr produced
In tbs country. t~xiaHins la isss. saa silver
Eusa for s.sSc. esst scssa ofapisvd iowee saaa
e,es. u Ne ssae1i uaaeytsxs - eaan over
again TIE siiVer dollars aaa pat rsseta silver
tate them. tae consequences q. fsss coinage az
n Rev sstlo weaia ~ tas same Ia Slns and
reraAps. esasiig a&ssssgusss Iasre would sfls.
Be ssssas rf<slstesa on so 5 sat sfasH yreaalusa
wenli be suza - ds4se ss cus 81 ase naa N
ras prices . silver hAls Eas government
hes casnet ever tss.3kss "a standard silver.
and aftes atteen yesrs es eanstaas esufs "a.
esen aese - set Fesss thsa 81 aas 90
actually used ar the sscsslA heyana aAcsls
taas iirsst, people do ao. Sat Is reGsxasaas
"a usr zach . cola. has gnvssaassa, Ia.
ssses over esss. 90 ei sslvss cast aesis.,
reasesusbls Ia ssivss sallags. sai 49, 30 40
rev sressary nc,es pad for sisssf ssl.oa,
which may Ia rsdssaasase in sissSz aVstzss aa1
sasre'vsr 81 the legal tea3sy aasss wcasa hs
s.ses sAlly ressssmssie ia silver essy II sod
sAaala command a rrsntaEn For aass~gs Of
netss wonla psassaf soens. gss tie god sa2
fssfiss The p-cessasa. aatsa sas TREASURY waa!4
f~ forced 30 sep Eea rsymssa The rssssrs
80 Ses& ia ihs sssssnEy "a exeess al esrttAcssxs
caistaad.ss - new eaiY fs,Esss al. Aaa il coz.
ts 1r~e "a Sat "a. fSw &sys 81 there wxss .
pressure "a s-ssd "a aess case TIE yAsss car
Esaes vea3a - nrss ssAlsy ts4nesaasle In ssiv.s
@aty. wae42 eSse 0r5F tar Ssses ar rarcaasssze
fossF 81 tas svss sa>szF. ana wa1sa Eacscass
D. s&las aad s,iTVN ssiEg Eaasss wfts sAs psce o.
ssfyeG balboa "a tAs wax,S-s fa0rss