The Delta independent., 1894-10-10
FREE AND UNLIMITED COINAGE

The Populist orators are pursuing the
tactics of two years ago. With the ex-
ception of Governor Waite, none of the
speakers mention anything but the free
and unlimited coinage of silver at 16 to l.
Governor Waite likes to tell his audiences
what wonderful man the state has for
governor. To hear the others person
would think that. like the Prohibitionists,
the Populists were possessed OF but
single idea, and that the free and unlim-
tied coinage Of silver.
\ party desirous of carrying out such
legislation would be most acceptable to
the people of Colorado, and it was for
this reason that the state elected the en-
tire Popul:st ticket two years ago. Since
congress, and upon that record the vot-
ers of Colorado must judge the party's
friendship for silver.
Senate bill No. 11s7 was introduced by
Senator Peffer, the bewhiskered gent'o-
man from Kansas, an ideal Populist and
presumably in favor of the free and un-
limited coinage OF silver. This bill pro-
vided that the government should issue
$4,000, ,G0o,0O0 and loan the same upon
2o-year bonds OF state. territory, county,
township. municipality or Incorporated
town or village.
The same gentleman introduced SEN
tie bill No. 1892, which provided for tho
| issuance of S2,50O.Ooo. eco to be loaned 10
states, counties and townships.
Then the gentleman from Kansas
thought mere money should be issued.
and Senate bill No. 1900 YVES introduced
by him. This bill was to enable tho
| public authorities to establish system
of public cooperation and for other pur-
poses provides FOR the issuance of money.
/ The amount 10 be issued was not TO cx-
| bill would mean the issue OF about
S6T, ,o0o. .O0c.oJo.
| But this friend of silver desired to fur
| ther express the convictions of his party
| that the country needed the free and
unlimited coinage CT 81 We, ut the ratio
OF l6 to !, so he introduced Senate bill
| 2ol9, I bin to redeem aA outstanding
/ bonds with tie geld and silver now held
| by the government; TO repeal all tariff
( and revenue laws, and issue 4 sufficient
amount of paper money 20 take Up all
bank notes and treasury notes OF every
kind. gold certificates OF both coin and
| bullion. silver certificates OF both coin
and bullion, and all other certificates OF
indebtedness issued by the United
| States, and directing the secretary OF
| the treasury to issue from time to time
| a sufficient amount of paper money to
pay all officers salaries, expenditures.
and all appropriations made by congress
/ for the purpose of carrying on tho
| government of the states. To carry this
into effect would require about So
900, 100000.
This bill. as will be seen. provides for
the decentralization Of both gold and sill
yer. All expenditures are to be paid
with paper money. House bill No. 1880.
by Mr.. Hudson, embodies tho same
plan.
Representative Davis introduced
House bill No. 1896, for the relief Of
certain mortgage debtors. which would
which would require an issue of $1,000
100000. Other Populists introduce bills
Of u similar character, requiring an
issue of money aggregating Sl0,65O, 600.
900. The total amount Of paper money
which the government would issue wore
| the Populist in full control, even should
Jhey stop at the po int reached by these
bills. would be some S9s, i56.0oocGo The
assessed ralue OF all tie property iu tho
United States is about S35,ooo.Oe0 0oos
and the Populist party proposes that tho
government shall issue one and ono half
times as much money as there IA pro-
perty in the country.
But the party still dcsiros to.purchasn
tho telegraph and telephone lines and
the railroads, and issue paper money In
payment.
| It remains for the Populist orators to
explain how the tree coinage OF siiYer
cause is advanced by the introduction ce
/, bills providing for the unlimited uso q
paper money. The party has not oven
the grace to provide for the coinage 1f
the white metal 30 far as 1t viii 20. and
then for the issuc OF paper whAn the ~
vSr is ull coined. Senator Puiior'n I'LL
preTides for the absolute flesnaalk3xs<
tim of both golI and silver al ruuneS.
These are fncta and can IL proven ~
the Congressional Recog{4 They ~
not campaigu lies. nnR oVoo m{ir0l
sehtutiopx. Timea.k k35t3. ~ I ~