Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1894-11-17
MORNlNG APPEA!
: ATURpAY NOVEMBER
A POSSIBLE SILVER 'AW

"o"i'h a pIii WIS proposed Wnlcf
the 81 YER men in Washington be
lieved would pass in lieu of the
measure to repeal the purchasing
clause OF the Sherman law. Its
main points were as follows:
The minis of the United States
shall receive all the silver Of
fered; shall pay Ior it at he
market price shall coin into stan
dard dollars the amount paid for
it and deposit the balance in the
Treasury as seigniorage. and
such dollars shall be a legal ten
der for all debts and liabilities Of
whatever nature which shall here
after be entered into"
The breaking down of the Dem
ocrats in the last days OF the ses-
sion defeated the possibility f
the passage OF such law. We
see no reason now why such bill
cannot be introduced and carried
through both Houses of Congress.
We see no reason why the Presi-
dent OF the United States would
not, considering The condition of
his party, sign it. Silver is at
the very lowest ebb it is excluded
from every market in the United
States; the mints are closed
against it in India, The purpose
of European bankers is TO force
the world to starve on the gold
basis. The result is such a de-
preston in business and such a
reign of low prices all the world
around that the very civilization
OF the age is attacked, and If per
severed in a little while longer,
chaos will come. Nearly every
one believes at all that gives
value to silver is recognition.
Almost every man in America is
bimetalist- The difference is
that some believe that the whole
world must agree upon the ques-
ton before it can be effective.
With such a bill as that outlined
above, the United States will sim
ply take the silver offered. coin as
much into standard dollars as the
silver cost, and have the rest as
security against the further
shrinkage in the price OF silver.
But the saving clause in it would
be an unlimited market would be
opened for silver, and the result
any one can see, would be to put
silver on parity with gold with
in thirty days. To leave ont
obligations already contracted
would take away the fear of those
who have debts due them, that
they would be paid in depreci-
ated coin, and the result would
be that within a month there
wonld be no deprecated coin. and
there would b. such an advance
in prices as would amount TO a
revolution in bushes. We think
the bill properly introduced and
would become law
before the 4th of March. In that
event the farms in the United
States would be able to give en-
ploy to at least three mill
ion more workers who are now
idle. The orders for goods FROM
the East would in two months,
roco ellie the most extreme gold |
ite to the change. Indeed before |
three months the most extreme
goldite would be for ed to &C
knowledge that he had been bull |
led and beguiled out of his COM
mon sense for ten years by read |
ing the articles ia the gold press
Of the East. Under the change |
the Populist party would cease to |
exist. and an era of prosperity |
would begin which would aston |
ISL the men who have been telling !
us Of the sacredness of gold for |
the last fifteen years. With free |
silver, enlightened protection and |
full reciprocity with nations which |
produce articles we cannot pro |
duce, in twenty years the United |
States would make every other |
country on the face of the earth !
seem like n second-class affair
Salt Lake Tribune.