The times. [volume] (Richmond, Va.) 1890-1903, 1896-08-21
THE RICH NINE OWsER
Il the Only One Who VIII be Benehted
NV TN. Free Coinage of silver.


Editor of The Times:
Sir.-Most OF those who advocate Tree
coinage argue that as money "Vulo "
moro plentiful. the price OF All pivauels
would increase, and thereby m"Joilty
OF the people DO benefited. ms pIO-eSo
OF reasoning is addressed particularly 10
farmers. Is it the scarcity Oh money
(which has caused depression IA liso
price Of agricultural products, OF mas ~
been brought about by an increase o.
supply ovet den and? IL IL be the later,
free coinage cannot relieve the sltuC
ton. Ii Will not open any more nivu.i.s
Ia this country TO consume our PiviuV1s,
N our people when wages are sood ana
products 80 dirt cheap cannot buy them,
surely they could not DO 50 shVuiu lhs
relative value between wages dAu pro-
ducts DO changed against Ndses' anu
free coinage Will nos al4eoe ~ 49,
OF our products IN a Foreign COUNT ,.
SUPPOSE silver, the marketable fdhe
OF which Is "a cents, sh0uid De CON-
into money and stamped one uoi.@,
ami thus become the uAed pOlhN' ny
which The rise and fail H. price OF asii-
cultural and mechanical prOducts snouid
hs marked. suppose as measured 10y uis
thermometer. the price OF abLtuilulat
products SHOULD increase, Is IL NOT ieA-
sOnable 10 suppose that the cost OF pro
ductiou transportation and expenses OF
sue Will be- also Increased ieal 14S
result would be IS 10 was WIN " 4iiv't1
OF mine who several years aso Si'PPe~
A
plaiueId OF the price az when the "OVt
sold and was delighted Wheh iiilv' M"
by The commission mcIchtit t."1 80
next cargo had sold Tor - cents Hioio
per cord. but looking cloaeiy az 49,
nont OF sale and remittance louuI t-1'
freight had gone up - cents per cVln'
and as the commission hlelchaiIl SH''
al COMMISSIONS on gross pIoVeeu' 49,.
sale, DE g0t less for the l.47t c-lsv -
he diI Ior the nrst. 1 appreheh1 .liid1
when our truck farmers haze palu 4'-
nltel fertilizer bills. lirsul "iDo' ~,
s.e. they Will have but ilitc MONEY ~
- purchase at iulaio4 price, Sue" 49,
as are necessary Tor their ltinlle' 10y
.uDrsss that The farmers who sen lue.t
lrOlucts iu this country rholnh !4""t
lltfle thar d.. srE lolus luAt M"7'' ''
not increase, We bro" iat D"-
ducts would rot " We olu not NHf
foreign market: the free coinage OF a4.trt
cannot enhance tle pilLt OF -,
ducts abroad, and as tAt I9't e' -
iuct0n, oc., would be INC 49, 49,
farmers who depend on the isIe'-l ma e.a
Us would rot be benefited by me Tree
coinage OF silver .,-. ,r, oq
O0nu0 people in the United S'ases ~,
,-,rad I'm all the occupations, OF ti'7c
9n7v 5OJOOOO are farmers. three tunes
That number are Wage-earnefa' peg sung
who exchange their labor Tor lo9u sll-
clothing would these be- ptneuttu ny Ll.~
coinage of silver? I'm the days OF kiteH-
- ireoffon the price Of labor advane-
3D..
I'D but very little. in these days on
yression labor has declined but very .
he. it seems reas enable 10 suppose tH"S
the price of labor II IL advance ar an
,rotild NOT keen pace with the aprrecia-
tfOn Of other commodities. \ i4l7lOl-
tnne would come 10 these Wage-tdIh-l9
who would be confronted Win llci 49, ~
Cd prices for the uecessaries OF "i,
while being deprived 0f the means 20
meet the increase" and this apples as
we'll TO those who live on a DNeu s"iai >
Would there be inflated prices. LADglt
ence teaches us thar there Nyulu -,
when greer bucks We're issusd, gold Went 10
q premium Of 800 and 30, sugar now
selling IN New York AZ five ana q hsr
cents per pound then brought thirty
two and a half cents. and other things
I'm proportion. Perhaps goa H.ls' nj, liz
reach such a premium out IL ls di"lt'
ted by all writers that there >Mouid n'
a premium on gold and prices VIII ll-
crease In proportion 20 lAal itni'-i.'-
We are told that a MeAlciu opHdl 80.
tains four more grains or SILVER ,i"n
the American silver dollar tet DC ~
worth but - cents here. Do ls luSi7tf1
t,fat while ils article itrell ls VIZ Ll
only - cents vet the man tured OF
coincI article will be worth 100 cents.
uorriuaUv N will be. relatively n viii
not be-. The only way a parity coull pr
maintained between gold ana sHt'i
would he by making the silver eo.laI H.
deemable in gold somrWHtl sumo.
cNperin-ent was tried under lct OF nf
II $500 when these same silver aeita-
TOYS persuaded the Government 10 give
silver an artificial value by buying slI-
vfr and giving notes payable ln COM .t
tha+ lime bv tie discoveries of rich sill
ver mines and improvements in mining
and ewoiting silver had LOSE half IT'S
value Tho Government. in order to pre-
serve the uerify Of the two metals, A.n
IA con.frue those notes as rcdeema0lo in
silver or cold az the option of the holder
and a4 peonIa whom they have choice
generally select the BEST The Govern
mont wa NM 10 great expense in supply
40 tns Gold for redemption These
eiivor aoffatcrs who drove the Govern
mont into this are loudcst On their COM
piaints AGAINST tho Government for the
l'rr.baee IN cold 70 sustain It's credit at
-1 .f,r.t This act 49, re-