The herald., 1895-06-30
81 believe in the free COINAGE of silver.

81 believe in the free coinage of silver
| AS some one has said, / want circulat.
| ing medium that circu;ates.' l believe
| silver should be remonetized; l think the
times demand it. l believe in the bime-
tallic standard. l believe in the silver
dollars of our fathers. Make the standard
16 to l, and it will not take two bushels
of wheat to buy gold dollar. The mill.
ionaire with his gold is all right, but
where is the producer who wants gold for
his products? How much will he get?
See how cheap every product or commo-
dity is today. Why? Because s,, ;s of of the the
cious to circulate, and is tb srefore hoard
ed. Place silver on an equality with gold,
at the ratio of is to 1, and you Will have
double the circulating medium, with
corresponding risa in wages and the
prices Of all commodities, resulting in
prosperous times for all classes
JAMES PATTERSON,
Cashier of the Pine Valley bank:
"As l understand the money question
al present, think the free coinage of sill
yer, at the ratio of 16 to l, would do the
greatest good to the greatest mum ber.'
e. S. SHEFFIELD,
Cashier of the Santa Barbara county ma
tional bank:
"a business man standing in the pres
ent position of the government would dis
pose of his surplus stock of silver and ap-
ply the proceeds on his indebtedness; yet
as the majority of congressman view the
money question from a political or senti-
mental rather than a business, stand
point and as we are now on a gold basis,
any legislation likely to be had could
scarcely be otherwise than detrimental. "
E. J. VAWTER, JR.
Cashier Santa Monica Commercial COM
pany's bank:
II favor the single gold standard every
time. There are so many well written
articles by eminent economists that 1
woulI not presume to and anything fur
ther.'
M. J.. DANIELS,
President of the Orange Growers bank of
Riverside:
"Open all mints to free and unlimited
coinage of as much silver coin. at the
ratio of IS to !, as will represent the
market value of bullion in gold at the
time it is offered 1.-THE balance of said pul-
lion to be placed in the treasury vaults
as REDEEM ption fund. Make silver coin
free legal tender for all debts. Let the
United States buy $50, 900, 900 worth of
silver bullion to start the business. Such
an amount OF bullion bought at present
for the government. Any one having
bullion should be allowed to bring it to
the mint for coinage. If. for example,
3.1% srains of silver are worth Go cents,
the owner should be paid go per cent Of
the market value, the remaining 40 per
cent to be applied to the redemption fund
of the honest silver dollar. When the
price of silver bullion advances to 75 cents
which it would soon do if the United
States bought and coined it and made it
a legal tender let the owner receive rs per
cent in money and place 25 per cent in
the redemption fund. According to such
a plan, if the government BOUGHT and
coined all the silver bullion that was
brought to the mint other nations would
follow our example and the problem
would thus be solved"
A. l.. PARK,
President OF the Savings bank of Red
lands
"I think congress should do its utmost
to bring about an international agreement
on bimetallism, and failing in this to
retain the gold standard"
After having read the variety of opjn-
ions expressed by different persons, the
reader may doubtless agree with
E. P. FOSTER,
OF the Bank of Ventura, whose response
was:
'Quien sabe?'