The Colfax chronicle. [volume] (Colfax, Grant Parish, La.) 1877-1981, 1895-08-17

o r
r,hese few items foot up totai Vi
q. ao7 ooo 600 per year. or more tnan
100 times the value OF the annu", S.op
of silver. If we should add 10 .nese
the value of the cotton, tooacco' ~
lumber. coal, wool and other prouu'S
The total would be one by the sue u
-h;cb the silver interest would appear
very small :, va are
49, free coinage Of silver for the
hsnef,t of the silver miners why nos
tree coinage Of crops for the benent o,
.ha farmers, the latter being accoreeu
l., the shane of currency issued aeains.
.h.,- rrodncts stored in government
warehouses? 1t if says !, is iarge soi,
nme of money" that is needed IL :
easv to see that the issue OF scrip on
move than $4,000, 600, 900 worth OF ag
-;cnltural products would give vo,
une Of currency compared with wnicl
that 70 be obtained from the coinage o
the whole silver product would De AZ
.;gn;fcant. and adds that In dropPin'
The warehouse idea for free coinag
the populists have weakened their ow
case. which perhaps may account ~
the s.innocuous desuetude in'o ""-S
that party seems to have fallen.
It is not impossible that q gre
manv of the farmers who leaned y
ward populist notions about the wa
IN oet rich by the issue OF uniimi'e
ruant;ties of paper fat money nav
seen the folly of the proposition' o
+, sh.t come of the number do not y
nnderstand that the less monstro'
silver demand is equally foolish. 'fr
silver at 16 to /, without wai,ine
th. aid or consent of any otner u
he t;on would give them dollars wor
tn .hort so cents each to begin with'
ed creasing to perhaps not more IMAM y
OIL cents in the course OF few years =
lu- the fat paper advocated TIL recen'
eg- nv the populist soon would no.
= ,rorth a nickel to the dollar. Une
is, frea silver the man who sold MS ia'
hef or the proceeds of labor for none
would get something on which
nd could obtain part value after hoidl
ate awhile. But If he sold 1t forSnat pal
|. l currency, though at nominaiiy "
; to HIGH price, he would get nothing
red iii IN exchange for that KIND
!. .money" after holding it few NOM
for or perhaps only few weeks
hev St;ll. as e matter of abstract pr
nee. n,e the government owes IL 10
cni- farmers to fix an arbitrary price
-ade their products rs much as II owes
hen ,ho silver miners to place on
art -ro,ertv a theoretical valuation u
ubt- a. great as the actual value. II
With an arbitrary raising of value were
fell or practicable then, according 70
1t as rule of "the greatest good to the g
re to est number" it owes far greater
and to the millions Of farmers tnan V
an few thousand silver miners VINO
clamoring for free coinage at 10
adly and trying to gain popular suppo
sway the lying plea that sucn mes
IT on would benefit the people. In re
: but The government could not do any
: and but only harm, by interfering IN
nre- case but there would be tnot
or TO times more reason, if any reason
red a could be in the matter, for interf
Ittery in supposed behalf OF the ,ar
rther classes by trying to fix a net
I did value on their products than 1or
then. ,ar action in behalf of the hand
scued silver miners who want to gain
under expense of all the rest OF the Sc
with millions of people in the United .
.ra In | -Ch;caDo Tribune.