The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1896-06-18
Gold and Silver.

''GOld countries treat gold much as
the rich snob treats his wife's poor rel
atives," etc. Not little bit. Gold
countries treat Gold liks a faithful
friend. They say: Gold, pile your
self up into 300, 000, 00O reserve, so
as TO be in good shape to help your
weaker brother, Silver, and your fra9-
lie sister, Paper, whose health is so
delicate, to move in good society,""
The first sentence quoted is from
the Citizen and was written (but not
SO prlnted): "Gold countries treat
siIUcr much as the rich snob treats his
wlfe's poor relations" The remainder
is the Charlotte ObserQey's.
SO gold countries say to gold, "pile
yourself up Into sIoo, 100000 re-
serve SO as to be in good shape to help
your weaker brother, silver-:hat's it,
is it? Well, when will gold do as it is
told1 The way it now helps its "'weaker
brother, silver" is, at the first sign Of
being wanted, to skulk into hiding
places in the New York bank vaults
till the first European steamer sails
Then away 1t goes, leaving that weaker
brother silver to bear the heat and bur
den of the panic days.
When the bond bill made during
the last four years shall have been PAID
the people of the United States will
have parted with over $500, ooo, 900,
all incurred in an attempt to have & ,ld
stand up and tend to business with
some show of courage.
Silver moves not only in good So
clety, but in all society; it has an in
trlnsic value. Many a dollar of cost
the miner of the ore out of which it is
made more than he got for it. All
that silver men ask is that that metal
being used as money; having an in
trlnslc value; having been money since
the two metals were used as mediums
of exchange, and being absolutely nee
essary now as a medium of exchange,
it be put back to the place it had in
1873, and left to work side by side
with gold on equal terms. If this were
done, what is worse that would happen?
Hear gold man, Senator Brice OF
Ohio New York WoyIA, May 2S):
''Supposing free silver victory next
November, and the subsequent adop-
ton of free coinage, what in your
judgment, as business man engaged
in large enterprises, would be the re-
sult?" asked the correspondent.
business can be done as well on a
silver basis as on gold basis" DELHI
erately answered Senator Brice.
"When 4 country is adjusted to it one
standard is as good as the other, but it
is the transition from one to the other,
and the fear, timidity, and hesitation
which would precede, that would cause
the trouble
The adoption of free silver coinage
will not compel me to sell my wheat
unless | wan to sell 1t, or to sell it at
price that | DO not consider satisfac-
tory
At this point let US diverge a mo-
ment. MeE and newspapers talk of
the courage it takes in North Carroll
ma to be for gold. How about the
courage 1t takes to talk silver in some
quarters? See an article in Thursdays
New York IN0yM, 9TH page:
Il talked with a New England man.
ufacturer to-day who employs many
hundred operatives and who has been
partisan ofthe single standard He
informed me that he has been shocked
to hear of manufacturers about Boston
who were willing to try silver in a
greatly enlarged relation with gold.
Few men would dare to come out
openly in this way he said They
would hear from their banks, if they
did
"A Rhode Island manufacturer in
formed me that he would welcome sill
yer, to see if it would not do something
to end the awful depression that is
weighing down the line of goods which
he is making.
IF were to say this in Providence.
believe my paper would be held up
in the banks. At any rate, it would
be treated with suspicion. l know
manufacturers who are in doubt on the
question, or else have decided lean
ing toward silver, but they fear to
talk"
Let the Obseyrer ponder on these
things. 1t has the capacity for learn
ing, and we believe it is open minded
enough to welcome the truth. Itsimply
gives too much weight to the weaker
argument. This country cannot ad
here to the gold standard for the rea
son that it is too costly. As money
of final redemption there is not enough
of it; hence its approaching, changing
value; and hence, too, its crushing
weight on the producer, who in the
last resort, pays the debt.-Asheville
Citizen.