The herald., 1895-06-30

Il believe in the free coinage of silver
As some one has said, L want a circulat
ing medium that circu,ates. l believ
silver should be remonetzed; think th
times demand it. l believe in the bime
tallic standard l believe in the silve
dollars of our fathers. Make the STANDARD
16 to 1, and it will not take two bushels
of wheat to buy gold dollar. The m i'll
ionaire with his gold is all right, bu
where is the producer who wants gold fol
his productsP How much will he get
See how cheap every product or commo-
monometallic standard. Gold is too pre-
cious to circulate, and is tb erefore hoard
ed. Place silver on an equality with gold,
at the ratio of 16 to /, and you Will have
double the circulating medium, with a
corresponding riss in wages and the
prices of all commodities, resulting in
prosperous times for all classes.''
JAMES PATTERSON,
Cashier of the Pine Valley bank:
"As understand the money question
at present, think the free coinage of sill
ver at the ratio Of 16 to 1, would do the
greatest good to the greatest numb ber.''
E. S. SHEFFIELD,
Cashier of the Santa Barbara county ma
tional bank:
business man standing in the pres
ent position of the government would dis
pose OF his surplus stock of silver and ap-
ply the proceeds on his indebtedness; vet
as the majority OF congressman view the
money question from political or sent-
mental, rather than business, stand
point and as we are now on gold basis,
any legislation likely to be had could
scarcely be otherwise than detrimental" 7"
E. J. VAWTER, JR.
Cashier Santa Monica Commercial COM
pany's bank:
II favor the single gold standard every
Time. There are so many well written
articles by eminent economists that |
Woull not presume to and anything fur
ther."
M. j. DANIELS,
President Of the Orange Growers bank of
Riverside:
"Open all mints to free and unlimited
coinage OF as much silver com. at the
ratio OF l6 to l, as will represent the
market value of bullion in gold at the
time it is offered ;the balance of said pul-
lion to be placed in the treasury vaults
as a redemption fund. Make silver coin
a free legal tender for all debts. Let the
United States buy 0,000, 900 worth of
silver bullion to start the business. Such
an amount of bullion bought at present
prices would be a splendid investment
Tor the government. Any one having |
bullion should be allowed to bring it to |
.he mint for coinage. If, for example. |
5111a srains of silver are worth 60 cents
he owner should be paid 60 per cent of |
,he market value, the remaining 40 per
,ent to be applied to the redemption fund !
If the honest silver dollar. When the
price of silver bullion advances to rs cents
which it would soon do if the United
states bought and coined it and made ii
legal tender, let the owner receive 70 per
ent in money and place 25 per cent in
he redemption fund. According to such
plan, if the government BOUGHT and
oined all the silver bullion that was
rought to the mint other nations would
allow our example and the problem
you'd thus be solved.'
A. l.. PARK,
resident of the Savings bank of Red
lnds:
81 think congress should do its utmost
D bring about an International agreement
n bimetalism, and failing in this to
etain the gold Standard
After having read the variety of opip- J
ons expressed by different persons, the
,ader may doubtless agree with
E. P. FOSTER, {
I the Bank of Ventura, whose response
as: I
"Quien sabe?' a