Aberdeen herald. [volume] (Aberdeen, Chehalis County, W.T.) 1886-1917, 1895-10-24
DIR. HILLS PAMPHLET
A SUPPOSED Sl.VERiTE WHITES
AGAINST FREE COINAGE.

II Would Lower our ssandAru OF NAue
and Would Not Give L. l6 to Coinage.
A Pamphlet Which has Dumfounded
the Free Silver People.
DR.. ". P. Hill Of ST. Louis has Just
written pamphlet entitled Argument
Against Free Silver Coinage s.. l6 70
J." which has duntounded the free si.-
ve- people. d.. ELL IS the youngest son
ot the late B.;t,ou 4. Hill. one Of the
shleS, champions ot ia; none! q the
old Gceenhack party. d.. Hill was eiu-
Gated in the hest universities IN Europe.
/, has been generally supposed tia. he
would follow IN the footsteps of his
father and advocate cheap money. There
is little doub. hu, that he made $
srec;a, study ot finance "a. the purpose
Of securing arguments aSa.nS. the gold
standard. Study changed his opinions,
as is apparent fun the following quo
iat;on from his excellent pamphlet:
Many people innocantly imagine that
the FREE COINAGE ot silver Is simply .
proposition TO opea our minis uo-e
freely 30 silver ard 70 maintain our
money s: its present standard q value
On the sold basis, and that By adopting
free cainaSe we a-e not soing 10 det.SSe
and lower tie val1e q cur money, hlt
raise the r.:ce Ct silver al oves the
world 70 $ is to.i ratio with gold
There c1aii Be 10 greater mistake
They tA. 70 ss~a tia; ii a.so involves
chance II our Unit, standard o- meas
IRE q value
L the proposition was that the United
States should give q sold dollar to- ev-
ely SIZE. grains Ct pure silver h-ousat
80 tie niass. then thai would rea--y b
81 s:.enp, q TIE par. q o1r govern
uus 30 ra;se TIE price q silver. and
how long we could ra;sa j; would de-
pend On how much silver there was IN
the world sni how much so.d We had
B1; this Is Tot ihs proposition The trees
silver ;6ecs IS ,ha; We DeSt step insult
Ing tie silver dollar by ceieeuins il
ara giving . goli dollN fo- ii. aod
tAe;- proposition Is simply 70 stamp Is
dollar every siais grains Of standard
silver hcuexAf 70 the mint and ibsf
this piece e si.ve. - stamped shall. ba
o1s init q MEASURE Ct value
Is !; possible to believe, when TIE
tie new law shall Ssy thai i.2- grains
q standard silver shall constitute iha
value q o-- dollar. TIA: tt2e 6o-l- VII
~ wG.h 81! Do-e iha1 that: Under
tie Y-aan; s:Se2 W. have ;SS1ei nil
i.lr.s Q. s..ve- dollars o. the ralio = -
- :. TIE w=,d las steadily refused -
sc,sei OF. d,otln IS - tbsi- value, aod
~ s-s compelled 70 maintain large
soid rssSva. and Iii Only stand reli!
80 rssis*a IL fhoss dollars tlf aiso
oooS.a-;,! - redeem cGy = then Il
Sa.: - maintain ;ha.: value
We ar s.ASSE.rs uois- ocr ioisd
oow With C. present Eive- circulation
.od Aavs diSllr. - maintain o- soI
RESERVE. vii uc iosd II Lighter when
We Undertake 30 CT. ths worlds S--
r.-s 4 s;.vs-: VIII the wcc,d sccsps
oc- d.-s-2 21-s readily. when. q tie
oos haci, we viii lr2d,! assert TIE is
- -ss.o. so6, o. the oaas- hand reso-
!efei! Sive tie lie - 0a- owa wociS I!
.stos.os - eIchsnse then 6. the ratio
u IS - !. which Is the Only va! We
cG make o-s vcris cunt ~ ANYTHING.
TIE di-s.,.c- Q. the United States
2-1i estimates tie c1:oe3 silver -ccsy
c. tha wa-.d 81 &. 0ss, 200. 900, With
: shaoi IS Ee- csoi Il iha tosal O. tAe
co--s,. silver Ccns! 0c-s thaa g.. e.so.-
900, 900 passes caCaos ST e1s-t-y the
sa-e vs.ls a tie silver ta-.;ca u tie
market, a,i woe,i Sow Us; Ike -
-aoa h1-1a1 10 II! r-acs where il
co1ii obtain higher pics. -as
~ud's annual r-oiocrioa Orzss -
$50. 90, trao; TIE un-ai r-aiac1so1 Il
tbs oocary Alooe - -, oao. 900 O-
So,i reserve l@ss 80 barely slao.-
o.a. osa
S1?poss TIA, +! t-ss ca;-aSs ~ czi
p1ssla.y raiss ias pE.cs c: silver II tA:s
c10C - 6cEa.s What il : ocw-we
oa<ai rof ssy 6olhis, BIT evs- t-sc..-a
1a-s tlz- now-6css 81! nA nasi Il
he iso.i ihai thaf wo1.i s.s-f S1w u
Sivs- 70 this coDEy. sd taas c.. lii
re Soid rasa-ve wol.i ~ cc--lseely
ovs-oe1ea- SCI tAsf iAa mighty
s-ean would osvs- soo sqwias -nI,
81 vessise q $ higher r-,cs lad t,sel
E?isse1y a-aihilA.ei: Aa5 whsl iAai
Lad ts+sa accomplished d.es any oA
ossd 70 ~ so,d tat o-- d,-lS- w1-.d
SIMPLY n ~c-l WHIST .i2e grains q
standard sire: woc,i h w-. n tee
1G-kss s. h-lAlc: TAis tscf Is Ri
~-ahis-ih-s : u t-ss E.va- cclrC
= is vEi wRsrs the 6o-,E y l-.f 9.
-a.oa = ~1-L ccs rI1ocis oars il
TIE Et-E = Il s. t-i-:-a = To- -Eksi.
Or attempt -o1G he st.o-f s. .i:;c-
1socs Is I. ~ C.s,s - 81? ths sta aoi
So- Il To- o,ssa r-das ~ s. ST O: c-c-
Css- y - -sSl-s.s TIE zovsoaars {.
tie rxeesA