The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1895-12-19

gcanusrd ana ohfs nrty ccnB IN IN.
frjnsic worth of silver In the silver
dollar,
Those who believe that our inde-
pendent free coinage OF silver at an
artificial ratio with gold Of 16 TO 1
would restore the parity between the
metals and consequently between the
coins oppose an unsupported and i'm
probable theory to the general belief
and practice Of other nations, and TO
the teaching OF the wisest statesmen
an economists Of the world, both I'm
the past and present, and what is far
more conclusive, they run counter to
cur own actual experiences. Every one
who receives a fixed salary and every
worker wages would find the dollar
In his hand ruthlessly scaled down to
the point of bitter disappointment if
not to pinching privatlon. A change
In our standard to silver mono-metal-
ism would bring on a. collapse of the
entire system Of credit. All history
warns us against rash experiments
which threaten violent changes in our
monetary standard and the deRrada-
ton Of our currency.
Concurrent circulation Of both metals
In our coinage, are certainly reckoning
from a cloudy standpoint. our present
standard Of value Is the standard Of tn
civilized world and permits the only
bime talllism now possible. or al least
OF any single nation, however power
tul that nation may be. While the
standard Of gold as a standard In
steadied by almost universal CONNER
clal and business use, It does not des-
plse silver nor seek its banishrnant
Wherever this standard Is maintained
there Is at its side in free and unuues-
toned circulation a volume Of silver
currency some times equaling and some
times even exceeding It In amount both
maintained at parity Notwithstanding
depreciation or huctuation in the
intrinsic value Of silver
There Is a vast difference between n
standard of value and currency for
monetary use. The standard must nee
essary be fixed and certain. The cur
rency may be in divers forms and Of
various kinds. No silver standard
country has a gold currency in circ,l.
mtlon; but an enlightened and wise
system OF finance secures the benefits
or both gold and silver as currency and
circulating mediums by keeping the
standard stable and all other currency
at par with IT.
have ventured to expires myself on
this subject with earnestnes and plain
ness of speech because 1 cannot rid
myself of the belief that there turks
IN the proposition for the free coinage
OF silver, so strongly approved and so
enthusiastically advocated by a multi
tude of my countrymen, a serious
menace to our prosperity.
In conclusion / especially entreat the
| peoples representatives in the oon-
gress, who are charged with the re-
sponsibilty of inaugurating measures
for the safety and prosperity of our
common country, to promptly and ef-
| fectively consider the ills OF our crit
ical financial plight. have suggested
O remedy which my Judgment ap-
| proves.
desire, however, to assure the con-
! gress that am prepared to cooperate
with them in perfectlng any other
measure promising thorough and prac-
tlcal relief, and that will gladly labor
with them in every patriotic endeavor
TO further the interests and guard the
welfare of our oountrymen, whom, In
our respective places of duty, we have
undertaken to serve.
GROVER CLEVELAND.
- H..