The times. [volume] (Richmond, Va.) 1890-1903, 1895-05-21

teen years $50, 60, SO IN full leg1l-telder
standard silver. az against sS,v91'v' COM
/ cd during the whole previous existence
! OF the Governmental period OF eighty
nine years. In other words, there nave
! been coined and put into circulation
among the people. in coin Itself or ih GER
uhcates issued upon if. nearly nifty times
/ az many fun legal-iender silver doliars
/ as were produced at the minis OF me
/ United States from ils3 10 b's, ana yet
I some gentlemen are writing DOCKS ana
making speeches 20 convince their TEL
/ l0w-cifizens that silver Is dcmouetzed fn
! this country. There was never IL our
/ whole history one-third as mucn lesai-
| tender silver IN use Ia the lWted states
l al one time as there = now, and X Is
/ used without depriying us OF al our gold.
/ which was never done before silver is
not demonetized in this country,
hul ifs coinage has been so limited
and regulated by law. and the financial
affairs OF the Government nave been
So conducted that I'D 10 the present time
/ its purchasing power has been preserved
and its circulation 10 large amount
/ has been maintained concurrenuy with
other forms Of money, not"ithstahdih8
! DO has been coined ut a ratio which does
/ not conform 20 the real value OF the metal
contained in it. ! repeat that silver IS
not demOnctized. and the question pre-
scented 10 us by the agitation now going
I ON is not whether ~ snail ue lcmoAe-
! fized in the future bur whether the mluts
/ OF the United States shall De thrown
open 20 an silver IN the world that any
Individual or corporation may desire 10
/ have coined. free Of charge. into legal
tender d0lars-that Is. legal tender IN the
United states only-at the ratio OF 10 10
| Iu order 10 discuss this subject IN
diligently Wc must understand distinctly
what U.s. proposed Dos our opponents, ana
/ fortunately there is DO difficulty upon
/ this point
WHAT FGrE COINAGE MANS
Free and unlimited coinage of fun legal
tender silver dollars at The ratio Of 10 90
/ ] means that our law shall De 80 changed
that any owner Of silver bullion May
| s0nd il fo The miuts and have 10 coined
/ al the public expense. into dollars tdcu
containing 4l2 ~ grains OF standard sil-
Yer. the dollars when coined 20 pe neliF ti,,
| ed 90 the owner OF the bullion, anu an
the people OF the United states 10 Dee
/ compelled by law 10 receive tnem as
/ dollars BOO the payment or denls. til"ouhh
not lntrlnsically worth more than iity
cents each. Tho I.o grams or standard
gold contained boo a gold dollar Us worth
/ lli cents or the cQliNdltuL OF A' Genus
an over the world, ln siFer-siah9aIg
countries as well as in eoii-sianlaid
/ countries and 81 as worth just as much
before if is coined as afterwards, but the
T 4l3 d. grains OF standard SILVER toutalhtu
in a silver dollar are not worth any
I ,rnero in fhe world more fhan about hfty
| cents. or. 90 pat the stationery lli
different form. sixteen inuhia OF rliNtl
cannot Doe exchanged Tor one pouud OF
| r0fl anyWhcfc boo tho world, hut DIT fe-
~, ,ro@rre one hound of gold every
where. But some one may say that this
/ is not "a fair statement because Do me-
/ surcs the value OF silver by foih- hc
/ H!-RHr 20 this objection ls ihat inc
/ sfateWcut does not attempt To measure
/ thc value Of either OF me iht tais, nul sun
ply 90 compare them. one with tle otner'
and tiaf for thc purpose of makine ihe
| c0 urafi~Ou the value OF spld ]. NcItI-
mined hy iis purchasing power in ine
markets Of the world and the value OF
silver is determined in the same way.
Sixteen pounds off silver bullion VIII DUR
chase only about 0nc-half the quantity
" commodities anywhere mat ono pound
| OF gold bullion VIII purchase, ana ms
purchasing power is the true irst " tn'if
! actual and relative Ntlurs. li me N.l'i
states sixteen pounds OF silver coined
! into dollars, VIII no" Iui na-' as Mu,u
| Hs ono pound of eoid coins. ""l lNl1 Ny'iii
not Doe the case under system or lie'
and unlimited coinage or iHItf iIutt &C.
count The coindre OF riltei l'ltis urIt
has been limited hA JAW loi lN' lti i,NrN
! ui prey fNilNk hN 17if i'o.', n..- ...
paw. "' l,...' ana ,,eil on. for rfihii.
/ on Dos own r..ul anu li'. ".' ''' ,'''.,
/ purposes hr N'iltl7 'l 200. '..- --
seIutnilN inr 'pfeiiliH'Ii u ',''.l' %.
every cons Ia .i''i ~. 49, $3.50 ,r
/ nothing OF iht l"-ilif' t'' ii q ''Dil7
/ tanned lu me siai Al'7t 10 h,sP .n'-r l'
| good aa eold, or ll oln'l Woil7, ~ i''H.l ,
tam ine ldilll OF lNS, l"o ,.. ~, t '' az
| this 10 has done ana VIII 'oNlill. To az "'
/ long as the present system eAisi hui
/ n the present system i- e" "r dP'iirii'f
I and "a now one c-iaulrnei, SO Iuht ill-
ydte individuals ana corpora. nous can
I have their own bullion coined at lir pun
Doe expense and have the coins delivered
/ iO them for their private use, ihe Govern
ment would Doe under no Obligation what
over legal or equitable. TO keep them
as good ass gold. and, 100 tact 10 would
/ boz imu0esiblo for DO TO To so, because
/ Che coinage would bee unlimited ana inc
/ volume oi slteI ln elI .-..ll0i. "yy",' ,nit