Savannah courier. (Savannah, Tenn.) 1885-1979, 1895-12-05
GOLD VS.. SILVER.

~ apVtuic W "H "hpia'SS" -"
server that the political leaders
rave run their crafts into each
,ther and that there is but one !
ssue and that both parties are
the same side. We pre-
sumo the fundamental principals
of the two old political parties to
have their adheranis as mach so
No they ever did. Bnt these as
any other hackneyed terms are
Lhelyed and the one all absorbing
question has the glory Of uniting
the two parties. Neither State
rights, banking questions, or I'm
port duties are longer worth hold
ing before the people: but the
question Of holding gold and sill
YER as money on Il parity is per
picking our best minds. With
these two metals as commodities
before the world, they must be
regulated by rules OF commerce,
(Which fixes a value for all such
things) and the supply and de-
mand. The many uses to which
they are applied and the charac-
ter Of the demands has large to
do with their value. One cause
of the decline in silver is it's re.
lection as a money by different
powers, thus the main use Ia
which it has formerly been .appli-
cd, being cut off, it must go down
in the markets.
There is question that can be
asked, the answer to which will
give some information Oh this
subject and that ia, Why does
the United States Government
promise to redeem its obligation,
in coin, snd further, Why doe;
she weigh the money that comes
into he vaults. She proposes t.
deal with her citizens, as one in
dividual does with another, thu
giving them something upOl
which they can realize. in an,
market in the world. Our gOl,
and silver certificates would no
be worth anything if we could &C
nothing but an exchange of pape
for them, from the government
because there il not the commel
cial value in the paper alone tina
it's face demands. But when coi
is received the amount Of gold il
it by weight is worth that 70
which you have u just deman,
and you can realize upon it in an
market, The god dollar in an
$ country in the world, if place
upon the the market, would b
worth one hundred cents, withou
the governments obligation be
bind it. SO much cannot be sal
, for silver or any other TOne,
Tue silver in our dollar witA0y
t the gogeFnMeNt promise to II
i deem, would be worth only Il Ii
tie more than fifty cents, when
: would sell. How then adm:
: this mater Of mapqy yitb such
: conflicting commercial valu
here is no demand upon ii
i government for tho redemptio
), of gold, hNt paper or Silver ms
y cy must be rcdeemed-0} it W
depreciate in the haEls Of Il
2 holaor n something Of uuiver,
commercial standing. What III
would we do It we hs' ton
OIL silver bullion and could have
colhed' Word we take it. ha
u " oe'hea and get fifty cents wol
= OF petal made into n dollar, a
-. thus be able to buy two tons
n bullion and by this means set
as a hundred per cent speculate
u, with the government. which
or the course of time xpiil,l depl,
&c the treasury, sft&a man givin
N dollar for fifty ceXts. If we e
~ :" hot hold our present enactmen
& let the gold and gold certificat
~ be redeemed in gold, and sill
ice aud silver certificates be redet
-" 1 ed in silver, or gold ut u b,
thatSstands the test Of the il
ket,.
The farmer goes to market W
u Il bale ct cotton, or bushel
corn or wheat, when the des
tells him the prevailing pr ces,
cannot say he will have the 9
-,c. frnmeht to manufacture ii
nts double it to him in value, he NJ
AXE W hat ha c,n oot D,,+ ~