The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1895-06-06
THE DEBATE CONTINUED.
Mr.. Shumway Writes From California to
Present His Views.

Mr.. EDITOR: it wonderful how
great minds differ on the same subject,
as witness Jones on Eli. Jones has read
Coin, he is enamored with Coin and
swears by him, for he says: was I'M
able to find flaw in his philosophy"
Well, l have read 63 pages, and while |
believe in silver, I have not found a
question touched upon by him that is
not false in the construction put on it
by him, if not in statement and fact. 1t
is made up of misstatements as to time
and fact. In quoting from documents,
he takes what suits his purpose and
leaves out that, which if included,
would explain the whole. He perverts
every thing and the whole work isfrom
a socialistic standpoint, to array labor
against capital and vice versa. tits an
appeal to the passions and not to the
reason, of the poor, the ignorant, and
those who do not read, think, study
and investigate for himself.
His book opens with an interview
with Senator Cullom, Of Illinois. The
senator has inst been here. He says:
d" Never saw Coin, don't know him."
Let me note few of Coins statements:
" We are (the United States) producers
of silver" By implication the princi-
pal producer. Yet Mexico can produce
silver enough for the worlds coinage.
South America, China, Japan, Ccrea
and Africa are silver producing. Coin
goes in on wheat, touches up the farm
ers; says U. S. farmers get less than
sixty cents for wheat, but the farmer of
India gets $1.25 per bushel, and on
page 13 tells how. The rich English
man comes over here and buys sixty
cents worth of silver, takes it to India
and coins it into rupees, and the farmer
of India gets $1.25 for his wheat. II
that was true, does the farmer or the
Englishman make the difference be-
tween 60 cents and $1.25. But again
see the lie: the book hold in my hand
is just published, the minis Of India
have been closed for two years or more.
But again. Liverpool fixes the price
of the silver of the world, it is the great
market. Is not Coins Englishman a
fool to lose time and money to come to
the United States to buy silver to take
to India where they don't coin, when he
could buy it as cheap in Liverpool and
save transportation? He implies that
the low price of wheat in the United
States is on account of debased silver
and not over production. In Inter
ocean of April 80 Coin has a letter;
same paper states Russia has 22l, O78,-
600 pools of wheat for export; a pood is
36,112 pounds. She has also 81 ,45O, 900
pools Of rye to export. Comment un-
! necessary.
Jones says, "A man may pass from
the Atlantic to the Pacific without see
ing a legal dollar in circulation. )"
Jones looks through Coins eyes. The
law of California recognizes gold only
as legal tender, and it is mostly our
only money except silver which is taken
equally. So also in Nevada and Ari-
IONA. Jones asks, I" Is the Q. S. gov
eminent solvent, or totally bankrupt"
When a man pays his obligations at
maturity, in money at par the world
over, he is supposed to be A l. I'll
ask Jones a question: Suppose our
government should pay it's obligations
as they mature, in money worth 81
cents on the dollar, what would be the
rated standing of the government finan-
eially, and what would be the effect on
all the business, commercial and man
ufacturing interests of this country?
G.. I. SUBWAY.
Los Angeles, Cal.