The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1895-05-16
THE FREE SILVER HOBBY.

=, cause. Oh, Bland, what humbug!
--O
THE FREE SILVER HOBBY,
+ What Able Texas Editors Think Abou
e the Question.
+ The MeXia Ledger is of the opinion thai
. bimetallist is not for silver alone.
i The Tyler Reporter says:
Money that will pay debts and buy what
3 you want is good money, according TO the
=, best of our knowledge and belief.
The Colorado City Spokesman stops the
e press to remark
:, '1,he Spokesman lis of the opinion that
: Texas is a 16 to 1 silver State and that
) the Democratic party will so show next
r election if the party divides on that ques.
, ton"
: The Spokesman will know better after
q while. Texas is not going to ape Mex
leo and have American silver dollars
worth only half their face value.
The Brennan Banner, a free silver or
gan, frantically eXclaims: 1.-The so gold
bugs in conclave assembled have spoken,
/ but the people of Texas are to be heard
! from yet and the proposed campaign of
y, education to single standard gold IDEAS
win scarcely resuNt, in educating the
friends of silver to adopt the plan of the
90 autocrats, even if they do threaten to
split the party"
The Llano Times says:
| If silver was demOnetzed in 1873. and
yet its production has increased 100 per
cent since. then, what would have been
the case if we had adopted free coinage
of the white metal? The United States
| would have been in the condition of Mex
| leo, lots of money, but it wouldn't buy any
thing. Gold would be at premium,
whereas, gold, silver and paper money
are all on a parity under our present syS-
| TEN of redemption.
The Gainesville Star carries a level head
! 1t says:
The heighth of some demagogue's am
bition is to curse Cleveland and the Dem
ocratic party, when if they had an idea
above a Sleeps head, they would know
that today Cleveland is the grandest man
America has ever produced. All along
down the dark ages of the past there has
been an evil spirit working to destroy
| Democracy, and now it here comes in
the form of the devil 16 to 1 free silverites.
! Democracy will never die. 1t is a SUI
pella Iurul spirit enrapI III tne HearCS OF
| all true, liberty loving patriots. Republic
cans, third party and soft-shell Democrats
may unite on 10 to 1 free silver and elect
their men in 1896, but true Democracy
will ever live in the hearts of all true
/ Democrats till the angel, Gabriel, toots
his horn on the last day.
The Fort Worth Gazette says: I'VE are
asked if government can make 100 cents
worth of value of a 50-cent dollar. The
reply is that government unmade a do
lar worth 103 cents by it's misch:evouS
I Juggling. Or to put it more accura ely
| it added 81 per cent of value to the goiC
' dollar. That much is freely admitted 10y
every recognized exponent of mOnOmcta'
lism in Europe and America, though or
the street corners it is sometimes denied.
The Gazette is kindly informed taa
the government of the United State:
never unmade a dollar worth 103 cents.
| The Gazette never saw nor ever heard o
q dollar passing for more than its fac,
value. A thing cannot be worth more
than itself. AT one time The silye" in 4
dollar was worth 103, but NJ that time
no man was fool enough to have it coinet
and none was coined. At that time wher
you CHANGED upon silver coins they went
at their face value, no more nor less. ant
silver spectators gobbled them up, melte
them and sold the bullion at premium
and for years and years you never saw
an American silver coin, notwithstndin
their coinage was free and unlimited
1t was not until the market value of sil
yer fell below the gold dollar that tn
silver miners started the cry of fire
silver. Not till then did you hear tina
SILVER is the peoples money" Silve
miners and silver spectators didn't hest
tate to rob the people of silver none
when they could exchange gold coin TO
it at its face value, melt it and sell tn
/. bullion at to 5 per cent profit. The
melted every dollar they could lay thei
) hands on, and they would rob the people
!, now by having 80 cents worth of silve
coined into dollar.
The Temple Sun says: "The product
of toll have to purchase all money tina
is none on account of its commercial
value. and there are. in fact, only tw
logical positions to the monetary ques
ton either the most staple and the leas
tluctuating metal should be the none,
or else money should be simply an evi
dence or a convenient hand bill that rep
rescnts human toll To an extent O
: about 30 per cent the hand bills ar
now doing the work, and any man tina
advocates the unlimited coinage of si
vel ~ dl eSldDuSHeu rdIlO is DOuH'
, to advocate the adjustment of the ide
that the material of which money
made must possess q commercial value
If 90 cents worth of silver can be legis
lated into a dollar then l cents wort
of paper can be made to possess the sam
exchange value"
The Cleburne Chronicle is sound spoken
1t says: Suppose for argument SAX
that with free and unlimited coinage o
silver the price of silver did advance sa
until 10 cents in silver was worth 10
1 cents on the dollar, how much better Of
: would the country be with gold drive
out of circulation? Any one not /
to l fanatic ought to know that an in
5 ferior currency always circulates in prefer
: ence to the good, and gold would disaI
| pear from circulation with an unlimite
coinage of silver. A man with a SCUM
mind and not wanting an office shout
at least want a sound currency"