The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1896-07-30


Ir.. Calsass - silver 10 10
{ paubltsss saus q readers "a DOT tnes
the mssricg ~ the Asmsud q the peuo
cratic spd rapalH r.siIofn' us frse
scirs.s oltlrft a. D ] IL ias csrrJIug
lIs 8susgd into ,atci - passed BY Goa
sfess sry cite esu Gerry s5Irs. T. The Mat
( is suy 4usa.ity sud The Mot siIl be egu
PEELED 90 caib Il iIi0 ulrer dollars 80 The
ratio q 10 70 a. compared 10 gold dol
i.is. thai ~. The tmnust Of ujrsr 10 the
silver dollar mast selsh UIitsn liwes a.
aalh - The sod la gold dollar. sill
cat regard 10 tie value Fl the tAo uttals
10 lhs uaittt. At tbs prescott tine gold
.atih aors tlAD tliry limes ss much
IS silver ssd saca q silver i.list j. really
sguh lees .tsa ,itty celts
IL 10 Interesting - tet the history
4 estDsge by The Goveruue1l The hfst
&c relating 30 cli1sse vas passed 70 li34
sbeu Faid sud silver were both admitted
10 free caiussr 81 the r.lio Of 10 TO .ihst
hsIus very besfly the eUmpatstI'e yslue
If thu t~u metals 81 that tim, 10 lsu6
be eti9sge OF SILVER dollars vas stopped
bJ order Of Fusident JEFFERSON aud none
sete coined Tor 30 gears thereafter. 10
1884 the oolussr ia~ VS. changed mskiug
the ratio 10 to /, Attbls ratio silver Wss
uorth more than gold s0d could he c0Iu
I'd oniy ale lssssU tbst during the whole
time up to 1873 when tn. Ias iof fr.e
cuiHsse ut sllVer Nis repealed, the ~
cords u The mint shos that only shout
$ 900 90 silver dollar, seru coined
though about $3.50 900 900 ia h4if aud
lu.rtrfs dollars bad been coln,d Since
1919 under the Bland Allison aud SGer
msn laws more than GOO 900 900 silver dol
lars have been coiDed ADD are Iuclfcalsti1u
now. mostly 10 the form Of silver oerIh
Gates 10 fact 50 much vas 10 circulation
that there Was great alarm least gold
should be at premium and the nutry
drop to siIver basis aud the Sherman
lsx ~ss repealed. 10 view Of these isott
the talk OF the popuIis.s about the "crIme
Of 1879 is perfect rot"
At that time silver was worth as much
as gold and 90 one cared 10 have the law
Tor the coinage OF tllver continued. Very |
soon after. however, the production OF ell
yer vastly decreased aud the price fell rap
idly. Silver mine owners then discovered |
the crime that bad been perpetrsted |
and asked the Government to help them |
out, II was in obedience to the demands
that the Bland Sherman law WAS pas
ed. We sre nov using nearly ten times
AZ much silver az We we're when the free
coinage Law was repealed and stlll the
mine owners are not satisfied. II free
coinaee law we're passed l6 to It would
nearly double the value OF the product OF
The silver mines, but it would drive oil
The gold ont OF circulation to the great
njnry Of the business of the country, Pop
lllsts claim it would raise pli,es. but II
70 it would only be because the price is
liked 10 depreolsted money We should
be on Il level with MEXICO where 3 per
sou buying q dinner worth half dollar
md paying for it with an American dol
or wi receive Mexican dollar as change
hitch really contains more silver than
he American dollar which be paid for
lis dinner
II the silver dollar Is really worth so
much less than the gold dollar why do
hey still both circulate at psr9 It is be
,suse the Government continues to take
hem for customs duties aud other debts
nd people generally continue to take
hem. but there must be u limit to this {
Is soon rs the public loses confidence in
he ability OF the Government to pay gold
OF them people at once commence to keep
heir gold and leiuse TO take silver at
'sr.
The experience Of Chill ought to help
49, That country is 81 large producer Of
liver like the United States and had free
olnsge for both gold and silver. There
Tss no trouble th,re until 81 yer fell 10
rice when so much OF it was coined that
eople refused to take it at par, gold went ,
D premium and di.sppesred from Grcu
.tion aud great business de ression re
nlted. aud recently the law for free coin
ge Of silver was repealed without Cpl OF
on. he people Of thst country became I
ise listed with CHEAP dollars" and are
lad to retur1 10 the monetary stan lard
y which Moe ienlbs OF the business OF
le world is transacted. No couutty can
lord 10 sdopt a chssp money standard
nd lrsst Of oil oountry like the United
t.tes With It's boandless resources snd
rogrsfslve people IL would bs . long
ep back yard instead OF forward.
STATE NEWS,
A Hungarian vas killed ct West Psglet
the Rising n y olson onsrries. MONDAY