The oasis., 1896-08-08
THERE rsADrrFERENcE.

! BecauSe the MOnrCc uOctrlhc lS q
 course of policy which the United
 States can back with it's guns and
 compel other nations to respect; but
 the acceptance of any kind of metal
 for money is a commercial custom
 which can be controlled by no nation
 alone. The United States can send
 it's war vessels to Venezuela and can
 compel Great Britain to recognize the
 Monroe doctrine by f5rcing that power
 to yield the rights of the weak re-
 public to certain disputed territory;
 but the United States cannot send it's
 navy to England, nor to Germany nor
 to France, to compel the merchants of
 those nations to accept silver for
 money when they want gold. The
 United States cannot compel it's own
 merchants to accept silver when they
 have had the foresight to draw their contracts payable in gold.
 In the matter of money the com mercial nations of the world are a re- public in which each individual na- tion is an elector. Now, if the majority of commercial nations elect bl- metallic stapdard, as tbG republican platform proposes to induce them to do, then will that standard by the monetary policy of the worlds com merclal republic. But if a part of the nations elect gold standard, and a part a silver standard, then there are two republics. That is the present condition of the financial world. Now the United States is an elector in the gold republic. If it elects to throw open it's hints to free coinage of silver it cease to be an elector in that re- public and identifies it's monetary for tunes with those of the silver republic. When that time comes, which God forefend, all the gold in the country will flow from the United States to the remaining nations of the gold re- public, just as all the gold mined in Mexico now flows out: and everything will come down to a silver basis. That means that while what people are paid will be the same number of dol lars they are now paid, those dollars will not buy so much. e. E. The sub- scription price of the Tempe News is six dollars per year. Its proprietor can buy plain white paper for B cents per pound. Under free coinage he will get no more than six dollars per year, for his paper, but he will pay seven cents per pound for his plain white paper, as now do the pToprietors of newspapers in Mexico. Likewise the printer, the carpenter, the black smith and all workmen will get the same number of dollars for days labor as they now do; but those dollars will buy only half so much, just as the artisans employed in NOgales, Sonora, have found to be the case with their dollars.
 The reason for the distinction be- tween the payment of labor and the payment of merchandise is that the man who has merchandise to sell can exact his own price or take his goods 1 where they will bring it. The man who has labor to sell must take what he can get or go hungry. And the man who has gold can take it where it is worth the most. By making sll- yer dollars, at ratio of lG to 1, good 1 to pay all transactions, when the bull l lion value is 30 to |, the government doing so makes the gold dollar worth 1 more elsewhere than at home. Inn mediately every gold dollar in that 1 country will go where it is worth 1 more. An ounce ofgold, which equals in Valua tbirfv oupcnc of cilvar win