Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1895-12-07

prcmlum and BY largo increase OF its uepoT
It's In national BANKS ana wo easily .omemooI
that the abuse OF treasury aocumu'suon nss
furnished most persuasive argumens ~ ,aso'
OF Legislation rnuicaiiy reducing ou' 's''h VA
alton
have constantly had In mind the fact that
many Of my countrymcn. whose sincerity
do not doubt, insist that tho cure for tho HIS
now threatening US may DO found In inc single
aud simple remedy OF the free coinage OF Sill
vcr. They contend that our minis shall DC NJ
once thrown open TO the FREQ ana uniimitou
and independent coinage OF both gold and Sill
yer dollars OF full legal tender quality regard
less Of the action OF any other government ana
In full view OF the fact that tho ratio between
the metals which they Suggest calls ior Nv
cents worth OF gold In the goid doiiaf ~ inc
present standard ana only ~ cents IN intrinsic
worth OF silver IN inc silver ooiiar
We're therc 'nilniteiy stronger reasons tnAh
can be adducci Tor hoping tnat sucn action
would secure Tor Us pimetaihc currency NOV,
Ing on lines OF parity IN experiment no no'e,
and hazardous as that proposed might wen
stagser those VINO pehcvo 'na' s'ap'h'y ~
imperative condition OF souna money. ~.
government, no human cohtI,vance or NC. OF
ies'siAuoh mas e.e, oeea ".'o nu -.
s"o Initials . ~, air..a,, ,ron, ,Sa, ssh,ch
= fa'.o upp' es'oy u'.e na,'.,a =, .h" ,.ar,a
m M ,u,s ,.o,,.n. .s,, anr ,naonond.n, srec
Those who believe that our independent free
o.,n"s' ~ ,S .",o.a ~. nar,,r ho,wean Inc
Vi ~ " "ou'u ies.o.. sAe $3.50 A.. 80. ~.
'hclais anu eonsel.oay ~ ,,'".,.as,. ,s.or,,
49, .n " "..ss,t.a :, a,h.r aa,,on. "a
. 'no ouuo, a"u az. -, .,a,as,noa anS
'hc .eaeni'ss y. sno s",s o., ,ss .s.s. 80
., y, ~, ,nv ~ ~. ,.ora c,rc,rstvs ,hsv
po'en a., ans ~ ~. ~, ",r, o.,ra, sxnorIorccs
Twice in our earlier history our law makers in
attempting TO establish q pimetaiic currency
undertook Tree coinage upon u ratio which nc
cldentaiy varies from tno ae.uai Icia-
tive value OF the Two metais not more tnan
per cent IN both cases. NEUTRALITY-SUSPICIOUS.
great dihicuities ana cost OF transportation
than now exist the COINS whose intrihsic worth
were unucrvaiueu IN inc rutio graauuiy un.
surely disappeared from our cIvuia'iVn aaa
went TO other countries where tneir rear vaIue
was pe'tcr recognized. Acts Vi consress molv
impotcnt 10 create cauaiiiy whefe natural n..,,sI
causes decreed even slight lnequa.y .w.e
IN our recent history VIC nav ss ",,, tTnas.
raiSc oy 'cs'sn''on 'a . s. .,' =. 80
ah nct q, eohsscss in io'o 'no $500 ~ $500
required Ior hio.o .. ~, os, a., a.,
annually ~ least s'o,Vo',o' al 'n' pui0AAs' ~
SILVER ouiiioh ior eo'nuse
The act OF July H. ls9l' In . SIN ooioef 0'
fort Increased the amount OF silver .hn gov.
eminent was compelled 10 purchase anu tosoe s,
II to become the buyer annually OF o'wo.oo
ounces or practically ,he entire produc. OF on,
mines Under both laws silver rapluiy aha
steadily declined In value Inc piopnecy anu
the expressed nope ana expectation o. .nose
In the congress, who leo In the passage OF inc
last mentioned act that It would re-estaonsn
and maintain the former parity between inc
two metals are still fresh In our memory.
In the light OF these experiences. which &C.
cord with the experience OF other nations,
there Is certainly no secure ground for tho be-
lief that an act Of congress could now bridge
an inequality OF % per cent between gold and
silver at our present rLtio nor Is there the
least possibility that our country, which has
less than one-scvcnth OF tho silver money In
the world, could by its action alone raise not
only our own but all silver to Its lost ratio
with gold. Our attempt to accomplish this by
the free coinage OF silver ut o ratio differing
from tho actual relative value would be tho
signal for complete departure OF gold from
our circulating. the immediate and large con-