The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1895-05-16
THURSDAY, MAY 16. 1895.
Our Silver Circulation.


No. Djne-tenths of our people do not
Epalize what has been done to put silver
IA circulation as money since it was
= dem0netized" in 1878. Over siXhun-
Sired million dollars of it has been coin
ed zHd put into circulation since that
anne. Overy thirty million a year,
9h5nk Of it. During that time our pop
ulasion was.increasing at the rate OF a
s85gToa a year, while our circulation OF
sllYsy was increasing thirty million a
vsar. What does this mean? 1t
7aesns an increase of $50 per capita OF
ssTlyar alone to the increase of popula-
sf,sa. and all this since silver was de-
unsettled, " and yet we have those who
glsIm that our circulating medium has
zBk been increased in proportion to our
5nezsase IN population. All those who
make this false claim are in favor Of the
Eaa coinage Of silver. But where is all
his silver. You don't see it, and yet
"a 81 IN your pocket and you have been
- careless that you have not discOv-
Rzeg It. Now, you will say, =" how fool
ISL I have BEEN" Not necessarily, but
sElaea a fellow, or a foolish book printed
ID gnn the public ana make money for
.sIae Rathor, comes along and tells you
gBu eught to be in favor of the free
gB5nxge OF silver because silver, as a
Bassgey metal, is not used as much as it
Bnght to be, and you gnlp down the
sgUsF rs truth without examining your
gapsr money to see what proportion Of
azz the representative Of silver, you
by yourself open to the charge of be-
zBg gery foolish.
Because every dollar in circulation is
rs good as every other dollar, even
8an&ers pay no attention to the amount
81 paper representing our silver circula-
151n that passes over their counters
ByE1y day. Only last Tuesday the ed
aEGF 0E this paper, to test this, called
zpRa Assistant Cashier W. P. Robinson
NJ HE First National bank of this city,
aua asked him this question: " What
gEsputIon of paper money passing over
yuax counter is in the form of silver
1sEsslheates or treasury notes issued
3agaTnSt silver bullion under the Sher-
zmaB act 2" His reply was: 81 don't
KBpw: ! haven't the least idea. ]
.aa8a't thought of it," He was re-
eaxEsaed to take at random a package of
mrs last as it had been handed in on
d8ePQsit and see what proportion of it
represented silver dollars, and would
EsR believe it, dear reader, more than
gBssr-6ftHS of those bills represented
azggr, and Mr. Robinson said that he
beaieyed that the money IN circulation
VsEMM average about the same ratio.
= Esa will look over the paper money
IN FDaF pocket you will be surprised at
abe 2mOunt Of silver it represents. How
znEeh. more convenient it is to carry
@AHn the silver dollars you would be
91lgssS1g about were it not for these GER
47lse2ees which represent the silver dol
fssS lying in the treasury vaults for
ypm Xou can get the actual dollars
zazy day you want them in exchange for
SAC certificates, and you had better get
1aaeza at once if there is any danger of
siEse fellow getting your vote by fool
my yOu into the belief that there is but
5aESe silver in circulation, unless you
arc Oaded down with the actual
vsssght to keep your otherwise good
NaEsEc from being imposed upon.