Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1895-11-02

puCTlHy 10 ANufltt. lntIt 10 nv CLASS
In society which contains people 50
much better than other people that II
Is safe TO trust that class with iegls-
lation for Others. As n rule when we
find men who are always feeling for
us II Is well to see to II that they ara
not able to reach us The silver
dollar is denounced as a fifty cent dol
lar by those who desire to collect their
debts In o l50 cent dollar or a 200 emit
dollar. silver dollars Will not become
cheap unless they become too plentiful.
and those who have suffered because
dollars were too scarce Will not be
frig htened at the prospect Of their be-
coming more plentiful.
~ nder the blmetalllc system tho
supply or standard money Is deter
mined by the production OF gold and
silver and money cannot become too
plentiful unless the supply Of gold and
silver increases more rapidly than the
demand for money. The cost OF pro-
duction Is not material in determining
the value OF gold and silver, Values
depend upon supply and demand. and
the cost OF production Is of no impor-
lance whatever except as II has an in
nuence upon the supply OF the metals.
In other words, II the cost Of prod uclng
gold should fall to one cent per ounce
the value OF gold would not fail
50 long as the supply of gold is not in
creased The same Is true Of silver.
Under the blmetallic system the gov
eminent stands ready to coin all gold
and silver nt,a nNed price, and 50 long
as the COVE rnmcnt II able 10 coin and
use AL the gold and silver produced
ana prescn ted for coinage the bullion
price of gold and silver will he mHln-
tanned at the mint price regardless "
The changes IN the cost Of prOductlO
Ngit II the relative production OF
Bold and silver important
because so long as the demand
Is great enough to take all
the gold ana all the silver preacn
u is lmmaterlal whether the produce
ton Of gold Is five times as great as
me production OF silver, or the pro-
ductlOn of silver IA 1--WE times as great
as the production of gold. Gold ana sill
yer are precious metals because they
ure limited In prod uCtlun and 10 Is pos
Eible to furnish an unlimited demand
Tor them By legislation. Tor the reason
mat the production Of them tx limited
II would be Impossible to Furnish an
Unlimited demand for wheat or oats or
corn becnuae these can be produced In
unlimited a bundauCc but In case Of
goli ana silver, they must be found
before they can be produced In fact,
we can hardly speak Of the production
Of gold ana silver in the sense that
We speak OF the production OF wheat
or corn or manufactured products. be-
/ cause there IA no bass upon which to
calculate the cost Of production We
know That "a certain amount Of labor
| employed ON certain Kinds of land
VIII ON an average produce n certain
crop. but there II no basis Oh which we
can calculate the cost OF producing an
ouucc ot gold or silver. No two mines
produce at the sam" cost, and no one
mine Produces at the same cost for
! two consecutive years. Many seek for
| the precious metals. and few hnd them.
''Those who are lucky enough 10 find
| realize enormous profits. those who do
| not mud simply waste thnlr money.
Mining Is gambling II is like "a wheel
| Of fortune many buy paddles, but only
| "a few rem lie anything out Of the
! Investment The Molly Gibson was a
! few years ago pointed to rs silver
| min" which produced silver at a very
low cost but now the cost ut produce
! ton 10 greater The Npmstoak Lode
! which formerly produced immense
| quantities OF silver Mt "A low cost. Ia
now almost exhausted Gold has re-
Gently been discovered ON Cripple Creek
/ and Independence mine 10 producing
| gold nj q low cost, Sometimes rich
| depoalt liz found from which gold can
| he vNtractud at cost of a few cents
per ounce. hut while the owner of the
| Independence mine is realizing "a for
| tune, more than twenty thousand holes
have been dug ia the cripple Creek
region by prospccturs who have real
led nothing for the money expended
AT Helena, Mont, saw u box Of
gold nuggets worth probably In the
aggregate ten thousand dollars, one
OF those nuggets contained a0iI worth
OF gold These nuggets were found.
What was the cost u production And
yet Il can bc safely assorted that TAX
ing all the gold In the world ana all the
silver In the world, more money his
been spent In the production Of both
metals than could be realized from the
gold ana silver found n converted Into
money at the present coinage ratio
"'rhc silver question as 1t now pre-
sants itself "a the most important qucs-
tlon ever submitted to the American
people In time or peace. The action
OF our nation viii influence the action OF
other nations We are the greatest ma
tlou In the world today, as wen ms the
largest producers OF silver. and our OK
ample II we desert silver and Join In
the demand FOR universal gold standard
viii do much toward driving other ma
tons from the use OF silver TO the use
of gold
EVERY new demand created for gold
raises the purchasing power OF that
metal, ana lowers the general level OF
prices, There liz no end to the gold
STANDARD policy hut distress and suffer-
ing among the muses. ana unjust
pront among the money changers and
eapitalsuc classes, Andrew jackson
met and oNcrcamc the conspiracy OF the
money changers when lac was ptesl-
dent. Shall the Democratic party he
come the instrument OF the money
changers now \ gold standard means
more bonds and more taxation. with mo-
one benefited but the bnnd-holJln-
class. The restoration OF silver means
more real money with which 10 trans
act the business OF the country"
After the speaking. at 1880 D. m. the
eloquent Ncbrpsknn was given an
ovation. Chairman Blake thon an
nouneed that there would be no more
speaking, as Hon, Jos. W Bailey wns
detained BY legal business. Hon, l.. d.
Lulard, OF Fairfield, Hon. r.. n, Realrd
Or Tyler and Colonel Thomas n. ,Iones,
y, q, Scntcr, Congressman George q.
fendleton. the erudlte and popular
pnI tner OF Judge John NJ. Duncan. tho
eminent reformer, were In the aud fence
mr. Bryan departed FOR Nebraska To-
Jay, lie was presented with mHgnin-
, cent Moral onering by the free silver
ladics or Dallas. Governor Cull,en,on
also received handsome bouquet.
---------4---H--=uv----
TO STAND TRIAL.
rather and son to he Tried nm +,
Charge OF Murder.