Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1895-06-07

edness. He is not told that he would
he q party to dishonesty in helping to
bring about such a reputation. lie
is not told that his account in the saw
ings bank. his money in building and
loan associations, and his life or acct
dent insurance would be correspond
ingly deprecated. Still less is ne told
that trade would be so upset by the
change that his days Of enforced idle
ness would be many, and mis- remunera-
ton scant. Least OF al is he informed
that this money would be so cheap
that his wages would buy only about
half what they now do, while they
would be the last thing to be raised,
with the advance in prices OF such ne
cessities as clothing, feed and rent.
Accused Of dishonesty, in asserting
that free silver means cheap money,
and thereby involves violation of sa-
cred contracts of indebtedness, the
demagogue quickly switches and as
serts that it doesn't mean cheap money
al all. because the increased demand
for silver would be such as 20 raise the
intrinsic value OF the white metal to
the ratio at which it would be coined.
THAT is fragrant nonsense, which
merely demonstrates that this glib and
shifty handler of specious fallacies
cares nothing for the conspicuous alb
sence of the jewel consistency from his
crown.
THE wage-earner is told that free
coinage does not mean putting the
country on q silver basis but merely
bi-metallism and the Reinstatement of
silver to the rightful place from which
some vaguely defined tyrant deposed it.
He is not told that il is impossible to
have two standards Of money at the
same time Just as it is impossible %
have two standards of length.
Ills acquaintance with history is too
meager to inform him that England
tried for so years to maintain two
such standards without success, or that
France endeavored to maintain bi-met-
allism from 1118 to 1874 and during
that time changed the unit price Of
gold 125 times and the unit price OF
silver 251 times, while the changes Of
ratings between sold and silver were
innumerable.
1T has been the worlds experience
that the standard of value could not
be a combination of the two metals.
even when both were freely minted a.
a fixed ratio. One OF the two metals
always proves % be Over-valuod in the
coinage Of any given time, and for tina.
reason becomes the measure Of the
others value Prices are then fixed
only by the quantity Of metal remain
ing in circulation; silver disappearing,
values would be measured only in goldl
and vice versa. Thus in the United
States under a legal double standard,
from 1892 TO 1884 we had practically
silver monometallism, and from 1894
to 1873 we had practically gold mono
metallism.
we are told that free coinage will
increase our circulation, which is said
to be insufficient as it stands. On the
contrary, ii would be certain TO reduce
our circulating medium mos, disas-
trously, by the prompt disaDp
of six hundred and twenty-five Millions
of gold now I'm circulation and postpone
indefinitely the only possible bi-metal-
ism, which must be an international
agreement.
I'VE ind that no silver basis country
has more than one-third the per capita
of circulation in the United States.
Free coinage, We are told. is neces-
sary, because the stock Of gold is insuA
ficient As a matter of fact the world
per capita silver circulation is about
equal to the gold per capita. and the
production of the yellow metal Is stead
lily increasing.
CONTINUED on Sixth Page.l
While at Peekskill, n. Y, Mr.. J. A.
Scriyen, q prominent manufacturer OF
New York City purchased a bottle OF
Chamberlain's Cough Remedy. such
good results were obtained from its use
that he sent back to the druggist from
whom he had obtained it for two more
bottles of the same remedy. When You
have a cough or cold give this prepare
ton a trial, and like Mr.. Scriven you
will want it when again in need of sucA
a medicine 1t is a remedy OF great
worth and merit
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