Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-11-02

some silver from the mint. that rs "
the amou mt TO be coined Is Erehl
enough TO take all that comes th,n
the llmlta tion IN OF no Importance ~
on the other hand, the Limitation eN.
cludes any silver from the mint II
leaves certain amount of bulilon
upon the market which must seek
purchaser. and the value or that sur
plus bullion If used to measure tine
value OF the silver in circ ulatlon as
money. The present silver dollar Is
spoken or as a 30 cent dollar. not be-
cause the dollar Is worth less than 100
cents but because the same amount
OF silver In the form Of bullion Is only
worth little more than half OF the
coinage value of the dollar SO long
MS there Ia any surplus silver upon the
market the price OF silver bullion VIII
nuctuate but whenever our minis are
open 70 the free and unlimited coinage
Of silver as they are now open to the
free and unlimited coinage Of gold
then silver Will have a fixed value
The fact THAT holder OF silver bull
lion can nt al times convert four hun
dred. twelve and half grains of
standard silver into dollar VIII enable
him 10 demand that amount for his
desires to Use II for any purpose.
we are In favor OF the ratio OF 16
20 ] because that is the ratio nj which
our gold and silver coins clrc ulate, and
has been The ratio since 1885. The sill
yer of France Is circulating Mt ratio
Of 10 l.2 to !, and most Of the silver In
circulation In other countries Is cir
ntlng a I ratio stlll more fayora bic
to silver than ours, The phrase 10 20
II simply means that n silver dollar
weighs rs tines as much as n gold
dollar. or In other words that one ounce
NJ gold IL equal TO sixteen ounces OF
silver In a -b t paying power Toch4ugc
the ratio IL unnecessary bccause the
apparent Fan In the value NJ silver bull
lion Il sa v apparent been use II Is,
more correctly speaking tho rise In
the value OF gold rather thu n tho fall
in the value of silver has besn produce
cd by hos tile legislation. The demand
for gold has been increased By loElq-
milton. and hence gold has risen; the
dem nd for silver has been dccron Sod
by lcglslat Ion ana therefore n has fall
len to some extent. The res Grafton of
the old conditions would increase tho
demand for silver and degrru sc the de.
m1nd for gold ana thus hflnr the two
mctalr together at the mint ratio We
are told That Il ~ Impossible for tins
nation 10 restore silver nlOne
1T must be- remembered That India.
China' Japan ana other silver stand
ara count rlcs ar" now using and will
continue 90 us' enormous quantities Of
HllFrr. IL must Dee rempmberpd also
that largo amount of silver IL used
every
tori,s II -,',,st ~ Nl3hutnu
ma "a, Iii v c','''nn'Ieu' hiho,
,,r,.., ,i,i H''' 'S'u.u countries use
g'r w. at,''i every y'hr
nr ,,,l.n,, ',,',.n ",," S",'1 ueu" inlhnuons
g,,,. ,, WI "nH u' ho''S-
,'' .,t ,'''.'h T'"'' therefore,
| G,,, w. ",.nl 'ti,'i M, '"h,.. In not need,
% ,'' ''n' 'nr lhlt'l states
.l3',t' I'AHl 10 ''he ~ an wlli com
| l.' lu".t hHW"n7 Nllgh DO guy to buy
| ~ GU. ullhl lllv'. WIN f'N eny NH
| IVY. '' IVY, I. Il7iuh p,'uIr ana NATION
| umlE par .iHD hct'l'i'd, "" believe
| lnH' ~, 'hlud 9tius ~ az 10 To- coin
| ana ulillH" ~ parity with gold At
| lh' tN'lu OF 10 20 every OH nee M sill
| yer presented Al our mlnl7, Under
tr'e coma ge lher" VIII be no ldvnnt.
| uR" IN bringing silver To tins country
| Tor coinage, except 10 urc In this cpuu-
! Try, Just Az there o. NO adv nntE- In
| mlnEinF sold To- TINS country except
a. use IN this country, We cannot bv
Injured lS npo' of silver
"lf foreign holder of sl yer brings
| silver TO our minis and hes II con-
verified into coin there are three uses
| tO which ho can uut his MlN or money,
lie can give US hia silver and 20
home, In that case. We shall not suffer
as much ns he Will. which IL simply
saying that he will not Try to iniutc
us In that way. In the second place.
| he mny acglTe to exchange hlg silver