The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-02-12
MILE s M <.
A Prominent Missoniian Who fs waking
Up the Inete East.

A Prominent MissouIian Who Is waking
Up the Lffete East.
Mrssot-IA. Feb. 11.-Our own Miles Mix
il stirring things up back in Ohio. He is
putting i'm a good word for silver, and Is
materially injuripg the circulation OF the
Cleveland papers that are opposed TO sill
yer. The following editorial from the
Cleveland Plain Dealer. a warm silver
paper will indicate what Miles Is DONG
for his country, and will be of interest to
his Missoula friends:
Tho following letter was received by the
Plain Dealer from New Milford, ONO. In'
printed heading showed that its writer IS
nemper of the Missoula county, Mont repuDh-
can central committee The letter inclosed a
clipping from the Leader which said, IN answer
To the queries OF a correspondent. as TO tho
unit OF value in the United States prior 70 1873,
and whether "the value OF the gold dollar was
measured by the silver dollar or vice versa
Gold was the real basis OF the money OF
the Unit states and the standard OF values.
Only about SS.O0J,0O0 in silver dollaIs nau oesn
minis ~ the limited states, and the silver ele-
ment in the circulating medium OF the country
small that It had little e he,r WAS meas
2 The value OF the silver dollar was Hheas-
ured in gold and by the god dollar.
Commenting on this msinformation given
the inquiring reader OF the Leader. the writer
of the letter says:
Editor Plain Dealer:
SIR-I herewith incose a clipping from the
I<nder Uness my information has Deen serl-
ously wrong there is mlsstatemenV or Iact III
every particular in tho answer 10 S rer o ewo
4 On OOO silver dollars coined before 1913 NVould
| have been an right II he had finished aud SHOWN
| some sprit OF fairness by stating tho amount OF
! SractIonaI coins that were in circulation which
| he ieye was about S97,0J0,OO am from Il
silver producing state (Montanal am heIe LEM n
| porariiy and have been taking the IL ddeT slnce
| came here but 1 like to see frankness;
| Won will observe by the heading or TINS ietter
that am not with you poeca a : pvs Sneston
| and we will surely agree upon tnaI poinI;
don't expect TO stay here long, but VIII lnc,ose
| e. Tor which send me your daily ana SUNDAY
untiI get the dollars wor h, then stop II unless
| send more money TO renew x,o,,-s vor,,
stop the Leader by this mail Yours very
| respectfully "ihho NN
The answers OF the Leader to its CORE
snondent's questions were both disingenuous
| and incorrect. lie asked what was the unit o.
value I'm the United states prior to 1873 IL Wa'
ga dollar" The original coins speak lot tleIn
selves what kind of dollar was meant Inc 81
yer dollars coined in the early years aitet tht
adoption OF our monetary system bore on tht
| edge of the coin, stamped In depressed letters
| tho legend. zone dollar or unit-hundret
| cents - There was never gold dollar plec'
coined in the United States until ls49' put IN
| same law that made dollar 1.-THE unit ant
| nrovided for the coinage OF silver "units" ais
| nrovided for the coinage OF gold piece con
tanning 40 units" to be called an eagle. Col
| was in no sense "ihe real basis OF the money
the United States" at any time before the DC
| monetiZation OF silver in 1873. Up TO that dat
| silver and gold were on an equality at the mn
| and for all purposes as money in the Unite
| states IL would have been no more true {
saw. that the value of the silver dollar wa
measured in gold and by the gold dollar IMAM
would have been to say that the value OF IN
| cold dollar was measured in silver and by TN
| silver dollar. The unit OF value was prt
ciseIy the same. Unlu the act OF 1873 tho god
e,gle was equal to 10 units" and tic sife
dollar TO one "unit," no more and no les
| Whether the metal in the coin was of silver 0
OF gold did not change the character OF the un
| It represented.