The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-03-06

II by any international agreement
the price of silver can be hxed anu niaue
permanent, in gold, why cannot tne
prices Of all other commodities DC "aae
permanent and unnuctuating py INC
same process?
When the advocate Of free and unlim-
tied coinage declares for 10 TO L. ooes
he not give away his case ana asser'
himself for a gold standard as 'ns
.one" nv which TO measure silver anu
} everything else?
Customs dues are based upon 'ne
r value of imports computed In AMER
! car or United States currency. lno
, law compels the secretary OF the treas
(. ury at the beginning OF each quarter
, to proclaim value of foreign coins IN
| United States money. Now the Englisn
mound is s4S6 Clio on a gold basis. I'M
, porting f1OO worth Of merchanoise
from England today, you would pay
duty on S4S6 valuation. But going on
I a silver basis the English pound wouio
u he in United States currency VIZ
! double. Therefore the duties on the
t same goods would be double, would
o they not?
\. New York. Jan. is, 1896.
v Hon. A. J. Warner, Washington. ~ Y.
) Dear Sir: / have an autograph lettef
4 from Mr.. Secretary Morton. In wnicn
:. are propounded certain queries bear
ing upon the question Of gold and ai-
. yer money. enclose a printed copy
> Of those questions, and request that you
ir oblige me by a condensed answer there
st \, mot more than 200 words) at your
re earliest convenience. Mr.. Morton states
n that he has submitted these PROPOSE
8. t,ons to Mr.. Secretary Carlisle, who ha'
re declared that they are irrefutable.
~ desire to present answers to Mr.. Mor
70 tons questions from men OF recognized
:, standing as economists. am there
fore sending a letter similar to this Z
n.' Ave other well-known gentlemen. !
y is my purpose to cumulate the answer
~ IN a letter to be furnished newspaper
which are favorable to silver.
IL Trusting you will give me the assis'
as ance I request in this matter. ! am.
ue Most respectfully yours.
Ter JOS. r. BUCHANAN.
Of l.
Ne (Answer): II Mr.. Morton has aske'
ia n the bushel measure can by law
.. made to hold a definite quantity
wheat. why cannot the entire Quanti
~ of wheat to be measured also be nxt
for VI .aor. ana unAuctua
Ma ing" the absurdity Of his propositit
would at once have been made apparer
Rut the first question he asks Is o.
ner quite analogous to 1t.
ng, II is one thing to establish mea
nm ure and quite another to determine I
n quantity OF things to be measure
,ws While Il is obviously not possible to
,ho termine what the supply OF commo
!, ties generally shall be, or to maint'
at All times exactly the same ratio
'Veu tween gold, or other money, and ed
're" and every commodity. It is possible.
prk, law. TO determine what shall be mon
wal q, what shall constitute the measur
.gci factor in determining prices.
ans This factor may be gold alone, Of
may be gold and silver. In the
case prices generally will depend
I'D number OF units. or pieces Of m
ev. OF given weight. that can be m
NJ cold i'm the other case prices
depend upon the number Of units
acy. pieces OF money tof given weight
Wv each metaD that can be made OF
~. ~. metals, or In other words. In the