Southwest-sentinel. [volume] (Silver City, N.M.) 1883-189?, 1893-07-18

and that is what the creditor
agrees to take, and the Official who
deviates from the plain and unmis-
taxable terms Of that contract, or
assumes to set up a new and differ
ent standard or method Of pay
ment at the dictation Of either
party thereto, transcends his
trust.
To insist hat parity Of the mon
ey metals can be secured only by
the methods in vogue is 9 subter-
fuge dishonoring to the man that
makes it, and too ridiculous for
serious contention.
What would gold be worth as
a currency if denied the legal ten
der quality, refused coinage, and
only silver was paid out in the
discharge of public obligations?
OF what value would be any ar
ticle of commerce Is its use for
the purpose to which it is adapted
we're interdicted by public law sr
custom?
Both gold and silver would be
comparatively valueless if not per-
mitted circulation as money and
their uses consequently confined
to the arts.
1t is only the discrimination
against silver as money that has
enhanced the comparative value
of gold by charging its uses and
at the same time diminishing the
comparative value of silver by cur
failing its uses. To make them
equal before the law in debt pay
ing power is to give them equal
scope. To pay out the two metals
in equal amounts in the redemp-
ton or purchase of coin bonds will
be to give them parity as money,
and that alone can do it. The in
tr1nsic value of gold and silver as
metals has little to do with their
value as money. They are them
selves the essence of money and
the standards of value, and those
standards T prescribed and fixed,
not by the existing volume of the
metals or their temporary COM
mercial value in the markets as
metals, but by the supreme law of
the land, by m consent of
those having most at stake in their
use, and 10y the necessities of COM
merce. This is fully illustrated
in the fact that nowhere in the
United States will a given amount
in either of these coined metals
purchase on the market more
goods than the other in the daily
transactions of trade. 1t is only
in the marts of speculation in mon
= ey and evidences Of debt, hat tn,
S reverse is true.
The friends of silver are me
j., with the ridiculous plea that silve.
: is dishonest money because it
= market value has been thus ham
;, mered down. Yet but a quartz.
of a century ago these same self
y constituted guardians of the cur
rency were equally insistent tina
the paper of the government, bond
and currency alike, were dishones
because they were not payable il
g coin, silver as we'll as gold. Sin
: gular, that this same silver dollar
that was so good and honest il
1868 that the purchasers of tn.
= public bonds were content tina
n their bonds should be made paya
, BILE therein, has since then becom
transformed into an instrumental.
ity of deception and fraud.
o MOI should it be forgotten tina
whatever appearance of dishonest
the silver dollar may now seer
# to bear, granting for the sake {
the argument that it has that al
~pearance, the goldites have then
selves given it thorough gross vic
L %lation of compact, in their insan
1t greed of accumulation, by seekin
\ to Danish it from the realm {
money, and thus to enhance til
d value Of their bonds by maxim
70 them payable only in the searcel
. and consequently the dearest {
y money metals.
Il Yet these are the people who a
cuse the people of the west, I'll
producers of silver, of an ignob.
? s~elfshness in demanding the r.
d monetization of that metal.
&C Why do they not accuse IL
is people Of the south of selfshnei
p in demanding fair treatment fC
/ and rebuking Legislative discrin