The times. [volume] (Richmond, Va.) 1890-1903, 1895-08-25

from, countries having the same standard.
Shall we cut loose in our NOR etary sys-
Tenn from these countries of such CONNER
rial power and with which We have such
close important. and extensive relations,
10 which we sell nearly all the surplus
products OF our farms and factories ana
of which We buy nearly all we want, ana
attach ourselves TO the small ana weak
uafionalities to which we sell scarcely
ANYTHING. and from which our purchases
IRE absolutely insignificant?
As n business proposition which Is
sound. should We maintain the monetary
standard OF the former as we have been
doing or adopt the monetary standard OF
the latter? With which do the great III
terests Of this country lie? Let every
business man exercise common business
judgment I'm the determination OF TINS
question and he will at once answer that
our material interests lie with the coun-
tries 10 which We export at least nine
tcnths OF what We have 10 sell and from
which we import at least eght-tenths of
what we have to -gOld-standard coun-
tries-and not with the little silver coun-
tries with which our transactions are
comparatively infinitesimal.
Free coinage advocates, however. insist
that our exports and imports are so
small that We can afford. for the sake Of
free coinage. to build wall around our
selves and have no commercial dealings
with other countries.
THE FACTS IN THE CASE.
pcrat 10 take in view of the late discus
sions of the tariff. What are the facts?
] cannot go far into statistics. and Will
only give the following:
1894 Productions Exports.
Wheat 1851 10 bushels. 1920 per cent
Cotton ....7,5A.2 l1 bales. .4,N.2 I'll bales
Tobacco In different forms. sS9.-
losiR ..;;'i,...a--''..'....S Is s424St
Butter ana cheese ................ sSl5.00O
Petroleum ACKNOWLEDGEMENTS. AZ, l42.0S
Total value OF exports OF all
kinds from United States in
OF these. about "a per cent. or over
s"."p"p were 10 countries having a gold
standard.
Total value Of imports Of all kinds into
the United States in 1894. s654 1894. C22-
lower than for years on account of finan-
cial stringency. OF these about NJ Der
cent. or over $ooopp.o0o. We're from coun-
tries having a gold standard. or our
our agricultural products.
This Is the trade independent free
coinage advocates think we can afford TO
lose TO secure free coinage. What will
the farmers think? What will they do
with theii surplus wheat cotton. To-
bacco and other products? Gut home
markets and farther reduce prices. or let
them rot on their hands? What would
become or foreign competition I'm manu-
featured goods tariff refOrmers have been
struggling so long 10 secure? With no
Imports. where would We get the money
10 pay our obligations and run the gov
trnincHtY Is II proposed by inGepcDdent
tfcc-c0inage advocates TO raise ii by d.
rect taxation on land? 1t must be for
win no ifnpOrtations and no customs du-
Ties, land must bear the burdens OF gov
trnment.
There Is no country that has a double
monetary standard. Wherever there IS
llce-SiiNer coinage. silver in0nomctallism
prevails All countries with a gold stand
ara Utilize silver as far as IL can be kept
al parity with gold That IS gold COM
tries use both meatals as money. silver
coiItr1es only silver. The independents
ifec COINAGE of silver In the United
states would place her on silver stand
ara, and IN direct antagonism to the
standard OF the countries with which she
does nearly all OF her business.
TIE entire continent of Europe. Canada.
Brazil, Chile. and Australasia are on the
fcld basis. These countries, with the
Unitea States. furnish as / have said.
virtually all the international commerce
Of The worlg-a ~ per cent. or seven
eighths. Mexico. Central America most
OF the South American States, India. Cey-
len, Japan. and the Straits settlements
are on silver basis. and supply II IL
per cent. or one eigth OF the interim
tional commerce.
VIM the United States lower her crest,
withdraw from the strong sisterhQpl or
nations, which whitens the seas with
the sails or commerce, and unite ner
monetary fortunes with the weak COM
bination whose craft are are scarcely ever
seen. and whose products and fruits con
s;itute so email percentage In the grand
totaly
win she continue TO stand with Ger
many. Austria, France. and England. or
link her destiny with China. Japan. and
Mexico?
Which she will do entertain no doubt;
hut the advocates OF free-silver coinage
feet that the monetary standard OF the