The Meeker herald. [volume] (Meeker, Colo.) 1885-current, 1893-07-29
CURRENT COMMENT.
COLORADO.

S. B. Elkins. 'S;ls,r ought to and
will have place i'll eur monetary sys-
tenn. 1t is grave question whether
the United States san aford to allow
the commerce and business of the
country to depend upon the vicissl-
tudes and uncertr mites of finding gold
enough in the mines out Of which TO
coin money. Gold is, relatively in
proportion to the increasing population
and the demand, Diminishing in the
world and is harder r. find than for
merly. Would it then be sound policy
to measure values by metal that Is
diminishing? This policy would lead
to contraction of the olume of mon
ey, shrinkagc of values everywhere
certain reduction of wages and an in
crease of the burden OF the debtor
classes. Within twenty years silver
has sold at premium in New York
City, and this may be the case within
ten years again
w p 81 IoLu pysSi,isut H.
,"e Bank, Ne'' lorh.-" 1t would be
useless sacrifice on the part of the
United States to lower, at the outset
the value of one of our great products
in tho m,rlo,s az tho world and with
1t as consequence, reduce the market
value of our surplus cereals and cotton
while orr nresent ro,;o If 1Gto1is,l.
ready lower nv 2 cents an the dollar
than Eurone's voI,,,io, al silver nm
which about 81 ,5o ooo nm uortb az
Eurone's Local ,.nd.r coin "a ,ao,t
sa7o 600 OoO II oo,s,itr,;,c., sb,rc
Of tho r.sorvos os 81, or,,, L,nl-. a
r.. sv,.o 70 -. a., o-s,
,.;l,lt.
po's'pio resu''' single s'i'el D'a'e
ior our currency IL can ne demon
s.ra.ea reasonably that TINS result
couia De out temporary ana 'hat
england would be hrst and foremost
among the sufferers, while We would
escape almost unhurt Two years oil
SILVER as the sole primary money OF the
United States would serve to threaten
Manchester with rum. Three years
OF IL would suihce to put tue German
army to frequent supprcssions OF bread
riots
I,,o.oss,,,,, Ri ~, :. u,tl
l,o,r ,bo, ,ho ,,rosoo, ,l,,;n;s,r,,io,
is onuosod 10 INV s;Iyor Ior;sI,t;or
W. bavo NO NAV, ,.b,,oror 90 soonri,,,
tho loci.lo,io, noodod avoon,h,,.. L;II
ro,,ool;,,, ,l,o sha,,,,,,, 40, A.. IL.
vonld bc vetoed banoo thee ,,bo al
yoo,,o an unconditional ronoaI ., ,ho
Shorm,n ,c, c,,,o, oxnoc, m h., -,
corded nc fr;c,ds os liver our mol
;oy w;u ho ., s,hs,i,,,o IT, p,osi
do,, and III f.;onds ara no, on,oy,5
to the Sherman law for the reason that
it is bad silver law, but simply be
cause it is a silver law, and they would
and all silver ley;sl,t;on We arc ON
posed IN tho Sherman act becnuso If il
n bad silver law, and we want to sub
s,itute n good one for it That is the
;sspe and the only issue. and the SOS
sion will have to confront il he
l;eve the present panickv condition i.
the result of a conspiracy and that the
condition ia attributed To the Sbcrma,,
law in order to bring about il, uucon-
d;tiopol rcpcal They ACCOMPLISHED
the repeal of the Bland act nv the
Sherman act. now they don't propose
ia mt it back to the Bland act bv re.
healing the Sherman act. but to leave
MS without any law on the silver oues
ton. except the act of 1879 which to.
tally demonetized it. We propose to
meet them in this fight a. we did be.
fore with the demand for the free
coinage of silver. We don't defend
the Sherman bill. nor any law short Of
free coinage. and free coinage mus,
preeede all silver Legislation.
Congressman Pence. We find be