The record-union., 1896-10-23
VOICE OF THE PRESS.
Expressions Of Coast Newspapers In
Brief,
On AL Shades of Political Belief and
Upon Leading Topics of
the Day.


doubt that there has been a great
clearing up of the political horizon for
the Republicans. Doubt has given way
to assurance of success. There are
many men in the ranks who are experts
Iii reading the signs of the times. These
men seldom make any gross miscalcu-
lations. They do not trust to guess
work, but come right down to the fig
ures. When they say New York will
givea majority of 100000 for Mckinley
they have data for the calculation.
When similar experts say that Ohio
and Illinois will each give Republican
majorities exceeding 10000, they have
enough facts in hand to make the chirp-
ing of Henry George very ridiculous.
IRELAND'S WILD CRITICS.
Stockton independents: All sorts of
motives are being attributed to Arch
bishop Ireland for having written his
letter in opposition to anarchy, un-
limited free coinage, ETC., but Bishop
Wigger probably gives the true motive,
viz: That he is Republican. That
Archbishop Ireland is a friend Of the
poor is well known, especially in Mime
sofa, where he did so much for cOlOnists
who repaid him with ingratitude. That
he is a Republican seems to be we'll
proved by the wicked attack of Bishop
McQuaid of Rochester, New York, a few
years ago because Ireland caused his
defeat for the position in the State edu-
cational establishment. Archbishop
Ireland is one of the most progressive
prelates in his church, and, though of
foreign birth, is very thorough Amer
lean and far in advance Of most of the
clergy of his church in the matter of
schools. Bishop Wigger, who character
iZed him as an extremist, is one of the
most reactionary of CahensleyiteS in
the United States, and naturally regards
any progressive or liberal person as an
extremist.
THERE IS PLENTY OF SILVER.
Marysville Democrat: The 16S S,674.9S2
ounces of fine silver purchased under
the Sherman Act of 1890, and in pay
1nant of which S155, ,931 ,0O2 of treasury
note were issued. We're sufficient to coin
$21S,0S4, ABS; $40, ,031 ,002 of this amount
was coined into silver dollars and ex-
changed for an equal amount of the
treasury notes issued in payment Of the
bullion. These notes We're Cancelled,
leaving still outstanding of these treas
ury notes $136, 100000. There have been
some additional amounts of this bullion
coined making an aggregate amount to
date of S41 100000. This last amount
deducted from the whole amount pur-
chased under this Act leaves in the
treasury bullion of the coinage value of
S176, ,5S4, ,43S.
AS these treasury notes are now de-
clared to be payable in gold and are
only 50 paid, the whole Of this S110,-
5S4, ,13S is practically an unincumbered
of Ia froa nd ia
ernment is in need of funds for current
expenses, why is not this great amount
of bullion coined?
EFFECT ON GREENBACkS.
Oroville Register: This country re-
sumd specie payment in 1879, or sew
enteen years ago. but confidence was
so strong in the ability to pay that
during fourteen years only SAG, 100000
in greenbacks were presented and gold
demanded.
Since confidence became shaken
owing to the free trade declarations
of the Democratic party three years
ago, more than 5000 100000 in green
backs have been presented and gold
demanded
BRYAN'S BELIEF.
Humboldt Standard: Mr.. Bryan may
ca are easily gulled by his free silver
platitudes. He says: II believe that
the free and unlimited coinage Of sill
yer at the ratio of 10 to / would raise
the value of silver to a parity with
gold But the American people are
after facts and not beliefs. Proof is
asked for and is not Forthcoming, His
tory and experience prove that de-
based currency is ruinous to the farmer
and to the laboring man. 1t also proves
that even a monarchy cannot force
the people to accept coin for more than
its intrinsic value in large quantities.
Mr. Bryan's belief" is something like
the belief of a man who had faith that
he could walk upon the water by the
means of large cork boots. His faith
induced him to try the experiment,
and as he launched out boldly he could
we'll claim to test his faith by his
works; but a moment later nothing
but two big boots in a violent state of
agitation could be seen above the
water and a man who believed that a
boat was the safest means of getting
over the water rescued the believer
from drowning.
THE ULTIMATE RESULT.
Nogales Oasis: Just 200 years ago
England had an experience with a de-
based coinage. For coming bullion the
crown took a portion which was known
as .sseigniorage" The necessities of
successive monarchs caused them TO in
crease the amount so taken, and the
coins as they came from the mint were
gradually of lighter weight, although
OF the same denominations. Finding
the coins thus clipped" the people took
To clipping them on their own account
until finally there were none but short
coins in circulation, and shillings Of Q
nominal value of u pence varied ir
valuation from 3 pence to 9 pence. ac-
ccrding to weight. The inconvenience
and loss in commercial transactions
We're incalculable, and reform was
demanded Finally in 1906, under ths
ministry Of Lord Liverpool, a commits
sion was appointed to reform the coin.
age of the realm Sir Isaac Newton
one of the create men of the race
ard William Locke, who wrote the ia
nous discussion on THE Human Tn.
derstanding" were the commissioner:
named The commission decreed tha
tc replace the clipped coins and TAX,
them out of circulation without los
to individuals. the government should
bear the loss, and full weight coins were
exchanged at the mint for those which
were scant in weight, or clipped" /
Is stated that the short coins so re
celved in exchange for full weight wer'
just one-half in weight of the bullior
coined to redeem them.
A HUMBUG