The times. [volume] (Richmond, Va.) 1890-1903, 1896-09-24

world. and a person receiving either
dollar would get equal value.
But we know that since shat time the
ratio has changed, so that one pounu Vi
gold will now purchase nearly thirty-t"o
pounds OF silver. =,
II "a commended by our friends VINO
framed the Chicago PLATFORM anu espe-
clally by the candidate on that pia'ioi'n'
that IL you enact law Dro'iu,"- ~.
tho free and unlimited coinage Oh SILVER
n, tho ratio ~ iG to !. then the Vaius OK
silver will rise until the price OF s"'er
= ,,',,al M the ratio of 10 to J. 70 the
market price Of gold n,.oers TT.
ALI. HISTORY or - /, has
All h.1forv opposes that theory ~ 20
been impossible mp 20 tni7 - a.. any
oue can contradict tnls ~ - as e. l.
,,..,for 40 maintain the party a. -.
i' No., ~ ia o,her words. the elNail'y
g., ,.,I,,e ~ eny given ration t'.N,,N ~
a,I eold our friends point 10 fl''.1
40 co,,ntrv where they nave ~
a.. ,ai,tafnino the constant equ1nF
81 ,, ,b. ratio Of 10 10 /. ii YOU - -,
~ t.t..or,- Of nat country you wiz -
,hot rr,rco. in order TO in''int-n G
n.rifv las changed It's rauo os' arI
- Tho course Of one hundred - -,
We, has not maintained lhe -, 80 our
them. Therefore w, - an tba farts
,rfonds are contradlct-d py d" ''-
VI W., ,'' tried # in this country. In Nv '"'
- 80 established 10y law az 10 ="
t,o,h metals we're minitd' ana lv'
'o'i ,orhars thev both circulaten To,
- p,t about that time theie W..
= oreat oufput IF silver IN MeN-- ~
seii An value. and therefore inc SUI, COR
lar became less valuable IMAM M
-osnondlng gold dollar az thal i"Nu' 80
fore lust as would have n'',l ,,,,.or
i"'., t.,.,srce ~ corn end wheat. slNeT
ta,,,, tba less valuable, drove Il" VT
ia ont of circulation I'm th.s couNu
- only that but gold being driven 90
- o,,r coins being new and iull-W,'-''.'
but NOT enough Of them being D" ="
10, 70 n-cvidc for the wants OF 1.'
,eoria congress enacted a law that 'i'
cranish dollars should De lesal ''n.S-.
As our coins were new and run M''H,,
thov were worth more than lh' 'p','''.
dollars. hence people wou'd laN, -,
gu,cr IN the mint, coin II into dolltlS'
-, +tose dollars TO cuba and Mexico
soil them by weight for spanish 'o,i'a,
bv tbat means getting a greater hummer
- tbcfr inferior weight dollars for thcm'
tri,e- tboeo Snaui-h coins 20 this country
and put them in circulation mere accoiui"-
49, rsv Tho result was that the inferior
eilvor Of Spain drove out our honest CON-
SO that I'm a few years none or lN'h
could be s,.,n. II anybody in This audience
fs older than ] am. ! appeal 70 MN ~
n witness TO the fact that in his poyho"u
ho never saw an American coin. goid 'r
silver. They had been displaced by ihe
Inferior Spanish coin. That was the re-
sult Of our first attempt the silver iirst
driving out the gold coins, and then the
Inferior Spanish coins driving out our
silver. mo ,s-o
Tn 1894 under the administration OF that
other great Democrat, Andrew Jackson
cb,roo v,as made I'm the ratio OF silver
"a cold 10 about-nOt exactly. but about
sivteen IN one. so nearly so that IL IS
generally called sixteen 10 one. nat
was the result there We had 10y tnit
aor nut so much silver I'm the dollar tha-
the silver dollar was worth more than
the gold dollar. and the result was lla'
the cheaper gold dollar drove our OF CIR
Culation an the silver there was ln inc
country 10 was better for the hoiuer OF 3"
silver dollar TO melt it down and sell IL for
,,,lli1n and then be could get from one
% dy. Ter cent. increase OF value over
the gold dollar. and therefore. silver DIS
,,r,arad. This state OF things CONTINUED
until 1873. the great crime OF 49, as our
I,'' ,.i., ,... narnetratod. Let as
-. th@. crime was2 want you
-. tno f,rts as they are. and not
-. ,...,. Indictment guided TO believe
lin. .ry demaeoeue may tell YOU.
Won can look en- your Libraries hefe' anu
/ 40 .,,,. statements are erroneous. You can
-r,,.iot me- OF error What are the iacia +
q.tora had been coined in American 'o--
r.rs no 10 1873. only eight millions ann
.tout thirty-Gve thousand slFer uo"1
that was the total coinage OF sliF'i Do'-
lars urior 20 1885, There hal ueeh so'"e
/ subsidiary coin as II was H.
,olf dollars and quarter doiiiI 81
.,5 silver coin of much larger amount
lam, If the denomination OF dollars Only
about eight millions We're coined up 10
| that time. BOT one or 'n'"l N"5
I'm circulation that couid he io'"-
cannot find to-day any doil'Is Oh ',.'.
/ coinage outside of museum 49,.
/ being that al that une 'N', ia 'i,.
/ valuable than the corre'poHulN- 49,,
lar. and, as conseq 1en..' ,..,' 49,, ,,b.rs
melted down ANA sent 10 wv t,,t OIL, rvo
/ they could get s,iH''"''7 ,..... .,,.4 do,-
per cent. over the corre'l'i.,,'',,- -,.., ,,.as
lar. At the time TINS s"-' ''i'' ,.,i,.,,,
committed. there was n', .,.,s 'conr+rv
| silver dollar in cifcniilio" ll' t,,,d nm 10
/ say this c'h'''.'" tocorsa I'm
1913. There am Jul go ,.,+,,.o.o the
/ 1851. when the war D'@'N ... ,r tho
states new money WIS p". W -.ii,r.
United states. legal iei'u.' i 1i.' ..a. ,bo
declaration 10y the Cover .-..'..,,.i
f..f. hos