The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1896-08-21

free coinage literature 70 Ap JUNK
shop. Because no human being IN the
world will give an ounce OF gold for
sixteen ounces OF silver the people Of
the United States are asked 10 take Il
| ut that price. Because silver 10 worth
only q little more than half 81 - an
ounce the government OF ttSes United
States II threatened with trouble un-
less It declares that all the silver In the
world Is worth double itsmarket value.
Trade Fixes vaiue.
Government can make the declafa-
tion, but It cannot make the value. Its
declaration will not change the fact
When an act OF Congress can blow ont
the sun light or cause the Ohio river to
flow back from the Gulf of Mexico 70
the Allegheny mountains, II can do this
other impossible thing. II any sane
man were asked whether he thinks
Congress can, make one ounce OF silver
two ounces by declaring that II II 70,
he would think the question too foolish
TO answer. To suppose that Congress
can double tho quantity Is not moro
foolish than to suppose TINT Congress
can double the market value. Trade
conditions fix market values. Silver
and gold are merchandise before they
are money, and the world OF trade
wants to know what coined metals are
WbEtu WIN tHt Iulut stump OtL Iuekds
Then the world OF trade is ready to lfig-
ure how much iron or cloth or pottery
or wheat II will give for one OF them.
In my left hand hold SO gold piece.
In my right hand hold ten silver dol.
lars. will let anybody melt the gold
piece. for after II II melted It will stiil
be worth $40. 1 will not let anybody
melt the ten silver dollars, for after they
are melted shall have left but IS Is
worth of metal. / should lose 81 as by
the melting. The world OF trade UNDER
stands this and governs itself accord.
ingly.
Tbs silver Mine Owners, side.
The silver mine owners side of The
case In plain enough. He wants the
government compelled 10 take from him
the amount of silver now In a dollar.
62i1 cents worth, stamp II zone dollar.
and hapd IL back to him free OF cost to
go along on even footing with the gold
dollar, which is'worth 100 cents every
where; He wants to buy twice as much
with MS silver as he can buy now
twice as much iron. twice as much
queensware. twice as much wheat,
twice as much labor It must be ad.
mitted that III II comes out this way and
stays this way II will be good thing for
the silver mine owner. We shall have
begun then 10 breed real race OF
money kings whose true life story viii
make Monte Cristo" seem commonplace
ana az nat. and whose power will be limit
go only by the number of tons they can
take out OF the earth. Last year the sii-
yer producers OF the United Stafes
mined a .o00. 900 ounces OF silver. In the
market their product was worth $40. OO0. :
900. Coined II would have made for
them &C. GOO. 900 silver dollars. They had
to sell Il for the $3o.O0O.O0O. They ARK
you and me to help them to got the
$50. 900. 900.
The Peoples Pork.
Wher are we to come In? II we help
them to increase their gains by $40. O00.-
600 what are they going 10 do for usY IL
by our votes we double the yalne Of
their product. how are they going to
help US to double the value OF our pro-
DUCTS or OF our labor? Somewhere In
the barrel there should be a piece Of
pork for those of us who own no silver
mines Where is II and how big IN n !?
me silver mine owners and politi-
cluns who do their talking for them are
rs IN WIN the answer. They promise:
InAt there shall be more money In the
country and that a silver dollar shall
buy as much as now.
That as a result of more money the
farmer shall get more for his products
ana the wage-enrner more for his labor.
That dollars shall be easier 10 get and
therefore debts shall be easter to pay.
This they back up by saying. with a
touching show OF tender feeling. that
SILVER Is the money of the poor.
No Shortage OF nioney.
ny the latest treasury report We have
IN this country to-day 1881 million dol
lars of money-more than twice as
much as we had the year before "the
crime of 1873" We have 50 65 more ney.
capita, which means TO the head OF the
population. We have So times as many
silver dollars as we had in 1872. the year
netore silver is said to have been de
monetiaed We had coined 5000. 200
stanonrd silver dollars up TO 1873. we
We coined 100000 In the flscal wear
Just closed. We have as much silver 9
gold TO the head. We have more silver IN
the head than any silver STANDARD
country-nlore than twice as much nc
| Mexico. which leads all the silver conn.
tries. our own country is not short NJ
money. II Is rot short OF silver money.
~ snort OF confidence. We intend 10
| November, Po"s next
| Ins silver dollar will not buy an much
ms IL buys now II the silver mine owners
nave their way. 1t will be coined sor
| tne owners OF the silver and Their. VIII
" no great government back of II tn
kesp me silver dollar at par with thu
soia aollar. The government does that
IoW because the silver dollar is It's own
1oi,ar. IN Tree coinage times tho silver
noiiar VIII be the holders dollar. and
ne VIII have to take his chnnces nlan :,
with his dollar. with no goyern,na,.;
phek OF II. with 50-cent dollars goInc
ou. US Iast as the minis can grind Their,
Uus, t . silver dollar VIII buy no more
man inc metal in II would buy n n haS
i,.d,.i l stamp on 1t. This Ia as abso-
fall. ''ues rise and
Had for wage-Ea
Suppose we get twice ns n,r, :.
these dollars as we get now mi -, ul
.ning else has gone up In proportiony
Where Will be our gain? How lors a,
YOU WnGe-earners think II Will he Nc.
lore you get twice us many? Wages n -
me nrst to fall and the last to rise The,
W moi 20 up like rockets. but they a.
S os Gown like a stick. You do NOT
believe that the government will J, ~. ~.
your 20 cents worth OF labor n doi,..,p
worth while II Is stamping Tho si,,,s,
dollar" VI e''Nfr one
Snid and the paper money bnEed an
Eolu VIII be driven out OF ctrr,,I,tto,
tor nobody will pay out 100 cents vySa,
~ can pay out so cents. Ins,aad q,
tnere being more money In the 80, ~ y.
.here viii be about half az mucb I,
more Is now. Prices OF products No.
serin 10 20 up. but the fact will hc tbs,
lne money OF the country has gons
Gown; We shall talk OF the prsrainn INN
on god. but the fact Will be n diseoun,
r rn, s s,lssr, when the premium ON gold
IL its highest point In our War
rms meant that It took 25s cents in NJ ).
per money to get gold dollar or IN b~,
as H,neh as gold dollar would hnv 4