The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-07-06
A FREE COINAGE cArEclllsM.
Some Very Plain Facts on tho Money
QurstiUil-Nvhy Free Silver Men Dodge

swcrs Is TO put. In simple form. the
problems raincd by tho free coinage
controversy. with n plain answer to
cuch. Al statistical facts given are
transcribed from official publications,
and II list OF MI authorities usedAs pub
lishcd at tho end OF tho CntcChiSn,.
q, What 10 tho fundamental claim OF
the FREQ coinage advocates? A. They
claim that the amount OF money In cir
culatIon has been decreasing since tho
decentralization OF silver, and that this
decrease has caused general fall In
prices
Q. Ii It true that the money supply
Inns been decreasing? a. It Ia not.
Q. What arc tho facts? \. so far MS
the United States Is concerned. there
has been an enormous Increase. III 1850
the money In circulation In this country
wnS Ai., l0s,i77: In 1872 It was s73S,-
3O9,5i9. by the treasury bulletin at tho
opening OF the present month, 1t was
$l.5"l ,5Sl.3S3. -''
g. What does this show?' A. 1t
shows that our money supply has In.
creased $40 per cent rs compared with
1850. and LOG per cent rs compared with
1871.
Q. Has the money supply Increased
n',,rh rn,,nr go ''P"''''0'' 80 S''
~ Iin,,. H., ,.,,, ,r,,,. .,>,., M,
d,Sia,r,, WV "" ,S S0I p."nu ~" ~ 10y
at each date by the total population OF
the country at the same date, and thus
finding the circulation per capita.
.. What does such n process show?
\. The per capita circulation OF the
United States on July /, 1860, was
Sl+ O6; on July |, 1877, It was SIS 20: ut
fSHc !, v.ns 'S 40, y, ~ '''t P'e'' ''''''t" VI
~ D., I,nS, ~. .,,o ,., s,,,
a., ,'.,h , ~ !. w., 80, 49, eHrS "a
~, ~ '',,,,. 49,, 49,, S,"I''h ~.
snn,t,,. -o'''"''' u 'N' oee' ''e' e"s'''s
H., l., ..,, ,o,,o,, ~, A.,
,S;,,. ~" s ;, s,,,s pi9'eu ~ ns '"c
81 liz, W , Nv euu i,,%I .Io',;
~, i'9" MI IS's +. nus ms po ,,ne
se ~ NJ NJ u" Itpot.s VI wv u,leGsol
",,hn.tt ',... m",Im neH ISH, ,So;
,nn,rsS' , hn ,, '' ,t, 100 " iost
nr,H,a,to wv N Nnnn e. t roe %, ' aon s''u
"pNuIs'o, n"s ueem Si1'o-o'oSt''VV;
.ca,,,, - .',.S NV n,ouuet VI sGlu ~
c.o"si,!, ,.ut onor,,ni', ra,,,,i,,, d"
''S''' Et, W. ~, t a. n,ouS ,up1ultS y,
". %Ee Sne lIEures, a: IN eoe eS "cc n 1mc
mot Sa6 so1u P's ne tse CIV wus $'p.-ovvVV,
Zoo t'I' MH Sc ~ 400 l ny Sa
t,So cn ~ W., Mas sIla,SrSUoV. Al 1877 w4s
stSV'a-u'iVV. rnr ieS" 'Ie eNICt io'"l Is
nut -, .S .,on .oo cn Su' ~ 20 c''ee'S es''
iia'eu ~ St'';ouV'oVV'
y. nay goes inns mean! a. J..
| lheais .L'It Lne amount VI so!u ullnuulIS
auueu 10 .ne Mo,lI money supply mas
| more .hnh uouoieu III t'fe last twenty
'hpce years:
| - rs not 'li's nnhual Iate Oh prouuc-
ttoI N'"1ie 70 uectGasc' a. on inc con-
tla!' III eHpSttS IN me Anerlcan.Aus-
,ra.an, nnH south ALElcan Eolu leius
LOOK lor lurther anu very lraVy IN
ere'use over thc present rate oI pFoouc-
| uon.
| y; but mas NOT the disuse OF SILVER
| with lull coinage lhcit!tfeS cut down the
| toin! annual hodition 10 the world s me-
ta!lic money supply! ~: II mas not;
| =; why! a. IN S,S me world 3
SoIu production was $9o!uV,oOo: ATS ST.
VT IFouuction' SNl'eo"'VVv' t?tal' SI'S,,
| OVV'ooV' Last year me production OF god
alone was slsa.S0o.oV.
| =. was not Inc combined annual pro
ductloh OF soiu ana shFer larser IMAM
| THIS IN the bonanza Gays! a. IL
was nor:
| V: hht was tne nlHneSt rec"Tu 81
mat PERIOD: a. between 1890 ana 1870
inc w9Elu aver az annual pro ~ tIO
0Oo. fatal s,T1 -oi ona nr ioss IN, so7 S0C !.
0oo ,hor ,ast wcor.s oro5rr,Kor ~ Iii
oione ~ - N>' ~ >'O'' 90
n r-t>,t ,ra NO N cav .he, ot thu
n rr;,rer, MAJ No r,on";. s,,rni,. stnco
s'IScr frne coin coin o ,r Vac cho ndpn.d ' has
been contract;ngS . Thnt g. ;s r,,nr' '
~ I,is. ne anS,iod - W. ~ 49,, I''V a,
| y lalst rs app!lHu 10 tne WoIlu al
IarEe' anu "SpcCiaIly SO as appl'eu 10 the
onl'eu suites.
| nrire ~ whno, and mnnw o,bnr =, r,1
| PAN VI "hIhe nAiN manly pNhTA Ehl ~