Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-10-06
LOCKWOOD PoTTERY-EwlNG BROS.


managed by woman,
l2l5 Market Street.
money would get in circulation among
the people. If this would be Of benefit
to the silver mine owner ne would still
have none the better of the gold mine
owner. who now has a mighty monopoly,
and he would not be getting anything
that was not his lawful due. In fact, if
Mr.. Camden's claim that under free
coinage we would have a ''ffty-cent sill
yer dollar" is true, the silver mine owner
would not be benefited a cents worth and
we would not be flooded with silver dol
lars. for if the silver bullion owner could
get only ffty-cent dollar for his fifty
csnts' worth of bullion ne would not
take the trouble to cart it TO mint,
but would dispose Of the bullion as ne is
disposing Of it now, by sending it abroad
Tho other countries who want it to use
as money. or by selling it for use in the
arts. But Senator Camden knows
enough about the currency and finance
10 know thai as soon as the United States
opened its minis to The free coinage OF
silver and would give a dollar, good for
all debts public and private full legal
tender dollar-for BIN grains Of pure
silver. the price Of silver would at once
rise to 81 30 per ounce, the mint price.
That dollar would be the honest dollar
eha dollar Of the Constituencies dollar
that the United States has always recog-
nized from the founding Of the United
States mint in 1892 till 1873, when silver
was struck down in the dark, by dis
honest trick by men who DID NOT
WANT AN HONEST DOLLAR, \ DOL
LAR THAT WAS HONEST IN MEAS
URING THE VALUE OF THE PRO
DUCTS AND THE LABOR OF THE
UNITED STATES.
We have reviewed all the points in
Mr.. Camden's speech but one. He has
considerable to say about bimetallism
and the pi,h of his remarks on that
point is contained in the following par
agraph:
Bimetallism does not mean the mere
coinage of gold and silver into money.
Bimetallism means the circulation or the
two metals "a parity with cach otheI. II
frrrr fI
then there is no bimctallsm. because the
two metals will cease TO circulate as the
equivalent Of each other. ana we VIII nave
monometallsm of the cheaper metal.
We beg to differ with Senator Cam
den on this point. Bimetallism means
that the government having that policy
will accept for coinage at its minis either
silver or gold for private account. OF
course. everyone knows mat if there is
a greater demand in the arts for one
metal than there is for the other tha1
the metal whose price is thus raised
beyond the mint price will be boarded,
or. if it is profitable, melted up for use
in the arts, but this does not alter the
fact the government agreeing TO coin
the two metals freely is on a bimetallic
basis; and the beauty Of the bime,allic
basis is that the money sharks can not
corner the money market, or, at least,
can not corner it so easily as they can
and as they do under the single gold
standard. With bimsallism if they
should try to corner gold, silver would
at once take is place in the channels
of trade. They would have to corner
both metals before they could control
the money market.
It is admitted that free coinage of
gold and silver at the present legal ratio
would raise the price Of all products
and consequently in that proportion re-
duce the power Of the money owner over
the farmer, the miner and the laborer.
Senator Camden has considerable 10 say
about the vast productive power Of West
Virginia, our mighty God-giyen r.
sources. our boundless forests of III
finest timber, cur great coal and iron
mines and our farms. In other words,
Senator Camden plainly shows that West
Virginia's sole wealth lies liz the things
that she can produce. At tn same time
it is shown that the single gold standard
cuts the price of these products in half.
Hence. under the single gold standard
West Virginia GETS ONLY HALF
WHAT SHE Is ENTITLED TO GET
FOR HER PRODUCTS.
We believe that Senator Camden is
sincere in his views. but We know that
he is mistaken. The worst possible
thing for the producer of wealth. which
is to be measured in mon y is to have
the value of money rise. That is why the
single gold standard is the worst pos
sible ,hing for West Virginia who de-
ponds for her wealth upon the prices of
the products of her mines, forests and
her farms.
Senator Camden has done much to in
crease The material prosperity of the
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