Pine Bluff daily graphic., 1895-04-30
LARGEST DAILY CITY CIRCULATION.
4 cONPOSITE D0LL1R.

The Detroit Tribune has hit upon plan which it thinks will success fully solve the existing monetary troubles and prove satisfactory to the people of the Nation. The 4iIb- aItc proposes the creation of new dollar, composed of proportionate parts of gold and silver, and advo eates the composite dollar as a measure easiest to effect and with the least disturbance to business of any plan suggested. It proposes that all existing coinage laws be repealed and that there be enacted a law creating a new American dollar which would be the sole standard coin ef the Nation, the dollar to be composed Of 206l grains ef standard silver and 12 9-10 grains of stand ard gold, fused together and struck into handsome coin about the size Of the present half-dollar. The coin would be absolutely stable in value, for, in ease of disparity at any time in the commercial values in gold and silver, what was lost by the depreei- ation in one metal would be made up by the exactly corresponding ap preciation of the other
 While the suggestion comes from a Republican source, it is neverIhe- less a wise one, and if enacted into a law would no doubt go far in solving the difficult problem now confront ing the American people. But it will never give satisfaction to the silver king bullionaires They are not bimetallists. They want no iin- acd coinage Nothing short of free and unlimited coinage at 16 to l, while the ratio is 26 to l, will satisfy their selfshness. They want a priv ilege accorded no class of people on the face of the earth, viz. the right to take fifty cents worth of silver bullion to the Government hints, and have it coined free of charge into a silver dollar. By act of the law these people are to take the place of the heretofore protected plutocrats and become the pam pered pets of the Government. For fifty cents worth of silver bullion and that which cost them less than fifty cents-t they are to receive in re- turn a dollars worth of labor or a dollars worth of the farmers pro- ducts. By one proposed act of Con- gross the wealth of the already mul- ti-bullionaires is to be multiplied 100 per cent. From the foundation of the Democratic party it has been committed against class legislation, and after d long and hard fought battle the bene6ciaries of protection have been hurled from their place of vantage, but no sooner are they de- throned than it is proposed to take up another class and make them the beneficiaries of the Government at the expense of the people. What do these silver bullionaires care for bi- metallism except to use it as a mask to accomplish the selfish purpose of doubling their fortunes? Therefore, anything short of free and unlimited coinage af 16 to l will not gain their favor They are not bimetallists, they are silver monometallists pure and simple
 The free coinage of silver limited to the American product, at which it is possible that the parity between gold and silver might be maintained, does not suit their purpose. Neither would a composite dollar meet with their approval They want to re- duee this country to an absolute sil- yer basis and Mexicanize America and her institutions.
 Let's inquire into it. The coun- tries that are on a silver basis are Mexico the Central American States, China and Japan. In Mexico the