The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1895-08-09
Let's see Mr.. Carlisle thus explains

Let's see. Mr.. Carlisle thus explains
free coinage. Says he:
Free and unlimited coinage of full
legal tender silver dollars at the ratio
of 16 to means that our law shall be
SO changed that any owner of silver
bullion may send it to the mints and
have it coined at the public expense
into dollars, each containing -41ok
grains of standard silver. the dollars.
when coined, to be delivered to the
owner of the bullion,-an d all the PEG
pie of the United States to be com
PEELED by law to receive them as dol
lars in the payment ofdehts. although
not intrinsically worth more than sc
cents each.
Now then, according to Mr. Ciews, a
foreigner brings over here q quantity
of silver, worth the world over only so
cents, and gets it coined into United
States dollar, which has double the
purchasing power of the present gold
dollar and is given back to him to do
as he pleases with. If he takes it back
to his own country it is worth, accord
ing to Mr.. Clews, only fifty cents, as
bullion, SO that in order to make it of
any benefit to him, he must spend it
here. And yet these ignorant foreign
ers are foolishly opposing the free
coinage of silver by the United states,
not understanding that they would get
double value for all existing indebted.
ness and that they would make 300 per
cent. on all silver bullion they brought
here to be coined. At this point we
are lost in bewilderment Mr.. Clews
says that the dollar that is SO debased
abroad, as to be worth only fifty cents,
it will buy twice as much as the gold
dollar. Mr.. Carlisle says that it will
buy only one-half as much as a gold
dollar. If Mr.. Carlisle is right, the
foreigner would simply have his time
and his trouble for his pains Mr..
Clews cannot be right in any event,
because, if Mr.. Carlisle is right and the
free silver dollar would buy only half
as many commodities as the gold dol
lar bought, we would get gold dol
lars worth of foreign silver for every
dollars worth of goods we sold the for
eigner, while on the other hand, if we
coined of Mr.. Clews' valuable silver
dollars IAN amount equal to double
our home product" of silver, we should
have a largely increased volume of
money units of double the value of the
units we now have. What kind of
liquor does Mr.. Clews drink, anyhow?
The silver forces are to be congratu-
lated upon their acquisition of SO pow
erful an ally as Mr.. Clews is likely to
prove. The advocates of free coinage
are a unit in declaring that the silver
dollars would be maintained upon a
parity with the gold dollar, but they
were hardly prepared to have it proved
by SO eminent an authority as Mr..
Clews that by opening her minis to
silver the United States would make
the silver dollar worth twice as much
as the gold one.
''Ninth.-Because. under the condi-
tions cited above, our foreign COM
merce would be utterly broken up; we
would be incapacitated by our internal
for importing foreign
supplies, and as foreigners could buN
our products only as far as we bought
theirs, our trade with other countries
would be thrown into the direst confu-
sion."
A.-Nonsense. ANSWER a fool ac-
cording to his folly" Mr.. Clews' for
eigner would come over here with sill
yer worth fifty cents in gold in his
country and buy, la Clews, commodi-
ties worth two dollars in the worlds
markets. The foreigner has picnic.
under Mr.. Clews' patent. But accord
ing to Mr.. Carlisle, ct al, the foreigner
would get his fifty cents worth of sill.
yer coined into a dollar having a pur-
chasing power equal to only fifty ce nts
in gold. So the foreigner-a la Car
lisle-would just play even.' He
would get goods worth fifty cents in
gold for silver worth fifty cents in
gold. In the classic language of the
slums, there's no kick comm to no
one.:''
"Tenth.-Because the folly and ig-
norance involved in a policy of this
character would ruin
the credit and reputation Of the United
States before the world and subject
free government to the ridicule and
contempt of all mankind"
A.-That is simply the opinion of
Mr.. Clews. But England is eagerly
up Mexico's bonds promising
to pay silver dollars said to be worth,
in gold, fifty-three cents each. These
bonds draw per cent. interest, only,
yet England is paying sixty-nine cents,
in gold. on the dollar for these bonds
Give us rest. Mr.. Clews-George C.
Ward, in Marshall (Mo) Peoples
Record.
WABBLING WANDERERS.