Pine Bluff daily graphic., 1896-01-12
NO COMPROMISE
There Should 20 No Dishonest Juggling
 with Silver.

-(T
 with Silver.
 The silver influences in congress are reported to be in favor of issuing bond to be redeemed in silver. They also want the treasury to redeem the green backs in silver and then reissue them.
 The law now allows anybody to get silver for greenbacks who prefers silver to gold. Why do not these silver devo- tees avail of the law2 Why do not they present their greenbacks at the treas ury and ask for silver in exchange? In order to accommodate those who were represented as anxious to get silver in place of gold, the Sherman act of July IA, 1890. provided the notes issued under that act also might be redeemed in sil- yer at the option of the secretary of the treasury; but, under the general law requiring the treasury to maintain par as to all obligations of the government, 10 person has thus far been asked to take silver when the demand was for gold. Why do not the silver devotees practice what they preach? Why have they not asked for silver in place of greenbacls?
 In order to provide silver with which ito show that the treasury was ready and willing to equalize, if it could, gold and silver, in favor especially of silver, the Sherman act directed the secretary to buy monthly 4,5o0,000 ounces of that metal. But the silver propagandan never has done anything to carry out it's part tcp 4I.a ;,,,,,I;,zfl ,r,,{Teo+ Nc syiIva,, h a C been sought as redemption" for either greenbacks or other notes payable in "coin" On the other hand, congress having provided no special gold fund to meet the silver treasury notes, the gold reserve was invaded and depleted by these to the tune of more than $67 ,000,- C00 up to June 90, 1894. Although it is claimed that the country needs more silver dollars in circulation and Presi- dent Cleveland himself favors increase of subsidiary silver, against a total coinage of silver dollars amounting to more than 427 1000, not more than from $50,0o0,0 ,000 to $60,000, GOO are out side the treasury. It is estimated that it would take more than five years to COltl dll btG SIlNGI DuI1iOH tiOW Ill hitG treasury Can there be any possible excuse for legislation looking either to forcing silver into currency when trade refuses to take it or to buying more silver on the plea that it can be forced?
 Notwithstanding that the govern ment has done everything the silver in terest has asked it to do to keep the two metals at par as money, the failure is monumental 1t cannot be denied. So long as the inferior metal or it's repre- sentative paper can command gold at the treasury it is going to take gold out. If we cannot force silver out against gold now, how is the treasury ito dispose at par or above it Of new ob- ligations payable in silver?
 The proposal is as absurd as it is dis honest. The United States has never dlshonored itself in robbing it's cred- Ftors. There must be no juggling HOW with the currency tainted with dis honesty. If the silver people want sil. yer out of the treasury, there is plenty khere to take out. No more should be procured to put in. Any bonds or other promises to pay emanating from the treasury must be paid in standard money of the world and there is no mar fAet for any other kind of promises.
 There must be no compromise with ChiPa0o Times-Hera