The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-12-06

Kun uI@ rfmGOy OF ITO ~ ~
They Contend that our minis shall be atonco 4.
thrown open 10 tho free, unlimited nnu Inug-
pendent coinage OF both xoiu snu rsess ~ =
the action OF any other government anu y. 49,
view az the fact that the ratio between sno 4
metals which they suggest calls TOT one nun,
Sr.,t cents worth ~ gold In the gold do'Ar ~
the present standard ana only MY, AZ y
IN intrinsic worth OF silver IN iac silser han can
30 adfuced for hoping that such aetion VIOLIN r
secure for US q bimctaliic CURRENCY in"slns "a \
~ ~. rdons a. thai proposed might well stargcr !
those who believe that stabliliy i an '"p''" :
tive condition OF sound money. aa,,v.,ce or ]
No government. 40 human con,r
act OF legislation. has ever been anse " nom
the Two metals ,oxether IN ire 81, n nIs whicn
ratio apprcciabie different rom .na' wnd
\, established In the markets OF inc ""'~
HAZARDOUS EXPERIMENT..
Those "a believe that our Independent free
coinage OF silver AZ an artificial ratio I" ia
Of 10 10 would restore the parity petween =
mrtals. ana consequently between the voins.
oppose an unsupported ana improDapie .n'r ny
" me general belief and practice 81 othrr M
,,ons and To the tcaching OF the wise>t states
men and economists ~ the worln potn ="
past and present, and. what y ,an nc !, ex-
/ elusive. they run counter to our Owl a'.ua1 ~
perienccs. Twice In our carrier h'S,vss M
lawmakers, In attemr,ing to es'aos,sn M IN
on 4 ratio which accidentally .ar.sa
from the actual relative vaiue OF me
two metals , ng, c moes notwi,hstandinr
greater difficulties and cost OF tran~po1.ae."
than now exist the coins whose intrinsv onnrdd
WAS nnderyalurd in the ratio frauuhhy ANY,
snyelv disappeared from our circulation anu
w.ut 10 ~ her countries where their rtai salue
wns better recognized. Acts OF congress WERE
i,nnotent 70 create equality where natural
causes Lecrcci even "a snpht lhe4.Tr
Twice IN our recent history We MAJ ~ III.
, fa,l,.to raise by legislation 'he NaiVeo1 Sc-a
ycr. Under an act OF congress pissed IA ~,
the government wa> required Tor mo.r ~"
twelve wears ioexpend annuanyat icas' 1919.
yx,n, ,. ,urchaSa ~ silver bullion for coinage.
The act OF July "a. 1881. In q sun puiucl .no.
Increased the amount % SnNei .srcei Il
mcnt was compelled to purchase an. ncnn
III become the buyer Annually 81 o'vovu
T. ounces. or practically the entire rronuol - o ~
2 A .s.ciined ID value. The prophecy. ana
! the EXPIRE sed nope and expectation ~ M NJ
7 IL the congress Who led in the passage OF ,ns
/ ~ = man, Toned act that IL would r~e-cstaolisn
and maintain the former parity peaM..n ~
two metals. are ~ttN fresh IN our meMo's.
IL THE LIGHT OF PAST ExPERikNcE-
,u,.a Nam, y, those experiences which &C.
cord with the experiences OF Other nations
IS there Is certainly no secure grouhn iur =. ~
i M that an act OF congress could now pr'usS
fe aninarualit OF 50 per cent. between rold anu
II siiyer AZ our present ratio, nor l. there : Z sns
II least possibility that our COUNT, money In
le ,ha world, could by its action alore rai>e no.
al only our own but all silver 10 ~ ioss ra Y,
IS, win rold. Our attempt 70 accomplish snisn ~
on ~" ~. coinage OF Silver at a ratio diHerine
IN widely from actual relative vaiu.s Moxiu ~
Ter the signal for the complete uepaa.a' ana larr.
NJ ,ontraction OF our circulating medium anu
xt shrlnkarc In the rea value anu uonc'als ~, vm
he cheney OF all other forms OF currency a ,nu
settled TO the level OF silver monoMe tAi'sm
ch E.yeryone who receives a ,xsd salary ~
my avery worker for wages would md tac uolin
do ~ ~ nand ruthles Is scaled down totac pom
Id IN bitter disappointment u NOT 70 plnensa
n2 prlvation. change IN our s,anua'. c,,,ans
ned monornetallism would also bring on y coilaps
ncn ~ NJ. entire system OF credit. whlrn "ne
the nased ona standard which Is rccorilzeu ~
ght aaontaa Nv the world 81 business y nan
aD- , ,,,"rrs more use(ul than the entire volume i,
IL. rurr ncy. ana H. safely capable OF a.hvS. :
dcnnfre expansion To meet the grown Oh ta'
ana an e,-snyitea struggle through darsnc
and uncertainty. our humiliation "o@-a w .
re- rtr,S.a by the consciousness ,hal w. Z
aclc ,,,r,a1 company with all the enlgatcneuA ~
q 70 nro,r.~~iyc nations OF the word anu w
tcly theStres, OF modern commerce ana tpnpc
III a lion With . dcba~cd and un>uitauie Su.l,l ~
al = and ia association with the lew wsaS y :
ight g,,ra nations which have silver alone as ".
sion Standard OF value. All history warns \ : ala,'
hcse rash experiments which tnreaa,n No
thus changes ia our monetary stahaaiu a"1 ~
graduation ~ our currency
DC at NATIONAL FINANCIAL HONOR iNNoANhp
prs our couatry'> Indebtedness, wn,sher w
is- by the government or eNiStine .sancs
lc'0 vfaaals. has bccn contracted Win ftt'.cn''
r,r prrSeut standard. To tecrtrn NJ AstW Y
rres~ that these debts hail ne pa,an.r ~
;enue Valuable dollars than those wsth'h tnr On.
prnye nlarson ana intention Of the parties wnen {
\ our tract "a would operate 10 transfer Dy wy
MARY of law and without eompel >at.n NAV [" : ~ IL
Vie 10 III n~operty and n volume Y rlthl, anti"
been ,.t- almost incaicul bic. Tnose VINO tavo'
topay blind and hcadlong plunge 70 ifee cpina-'
ia Inc The name ~ blmetalll~n, ana proloSs,ns
belief. contrary. To a.! .Nrerisnes. ~ an
neral concurrent circulation o. putn |. ! co -
en- c.fnarc are certainly reckoning rom y SO
,r and standpoint. our present >tahuar' = ~,
gold. the standard 81 the civiiilel "o,n ~ XII !, 4
keen .he only lumetllliSrl now ro>~ipit. ~ y y
- RAJ WITHIN The indie pendent reach OF any 81
a half nation however powerful tilat nation nna,
ni>H While the value 81 rold ~ "a -tAuua, =, !,
in the ied by almost UNIVERSAL coiitnsteaa ~ !,
I less n - usc. il does not de,pi>e silver nor seer
,uatcd Punishment. Wherever tnl> slannara I'M
quiet tanned. there ~ 1T >ldc, " if.' ~ 10y,
the toned circulation. Is found - volume o. y
fright currency. 80 c,iines cquallinr ana soia,,'
broad even exceeding it In amount pn'h mas
abroad al a parity Notwithstanding = aepre.,-.'
fuc,uatson in the Intrinsic value q sI'Vei'
n I'M STANDARD MUST DE FIXED AID ctiIA'
IS and rbcrc IL "A vast difference between q stan
~ xa,ue and a currency for monetary use.
sfandara must necessarily by hNcu aha
funds. tain. The curr"ncy may pc " ~ -
litu 49, y, ana of various kinds. No silver sian iaruc
~. = trv has a gold currency in circulation u1
encics. enlightened and wise system 90 si n
~ Currency and circulating mcsiuin pv kee
IN ~. he standard stable and all other currsn
fiscal par with Y such = 1891, IN 1 III use and es
- Yen N Nafe and conservative credit sol
a,rinr spensiolc 10 broad am f,owrrTl
$3.50 ,f..s~rial transactions anu ~ VII
y ~, .,,tr,rd Tor the actual use o. m'
.v'vss N arrived and staple s~tartArd IS nlaiuta
,mcstic such a. Y fnaFa.s.aa I'M n l,nsiness RI nulre
use Of money itself y conveniently ~
'ENSE-. fy.l
,cL has nave yenturcd TO express mysci.i on
,tion OF snl,scr,s Win cArne~sne>- ana lialnnc
nj with sn.nch because | can not rid mt~el " ~
TO con- ln,+ That there turks IN the proposition y
IN poad frce coinage of silver 70 stron-iy apptutv
FOR u enthusiastically advocated ~ u nu'.
gold 10 ~ my countrylnch. q seliosr> mtnancr
me first p-ngncritv and an in~ldiuu~ tenp'Ativu
surplus ,rop.c 10 wander from the alieEans' t,e
yemDcr, 4, pnblic and private INTEGRITY ~ sp.
auuuted i ao not d~i~trust the good faith nhu N,,v,i
n. whea ,hose vho press TINS scheme that ! nay
lch sur rrrfecilv bat with xcsl submitted my wy
II now nnou THIS moncn.oss SUBJECT J rAn ~
train from begging them - fe-c~aia.n,
rea<ury views and beliefs in the llght OF p''
'oids 70 reason and familiar expt fence an. ~
current again ana again the CONSEQUENCES ~ sus
as bcca siaticn ~ their efforts have invited
e effects IN conclusion. 1 especially ehtrcat tn'
Of the MES representatives In the congress vi
process irfna ryei with the re~pons bility OF maui
N In the 40 measures for the safety aud prosper
treasury our common country, TO promptly anu
1unt the ivctv consider the Ills Of our critical w
I subject ,,light. have suggested . remedy wh'
iudgmcnt approves. desire, however
\. nre ire congress that ] am prepared
a areratc with them IN pcr'ectnE any
hc.'arau measure promising thorough ana prac.,
M Ii,f. ana mat | will glaliy labor Win y
-" every patriotic cndcavnr % further wy
upvA w. aSts ana guard the welfare OF our to'h.
80 ~" whom IN oar respective places 81 GUY "
pom both uh'e'''"N GROVER CLEvEt
incrcaSen Executive Mansion. Dec ?. isF'-
Isw ,netr where Thlngs VIII Keep.