The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-10-07

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eio''' ''u' souS" syrup 10
cold everywhere Tor 95 cents.
-----------
wlhch me illhS hrc now open 10 the
free AND unlimited coHdse OF bGth met.
AIS ana nCih metals are maintained
upon parity WIN each other. Every
sllNer SoinuSr country II on silver
baslS WIN Boiu az II premium, ana er,
cry soM stanuafI country ~ on goId
Dasis, put me ulnefehce ~ mat the
Eou sthhn"lu countries are MAINTAIN
ltls laTse 'linouht OF SILVER IN c,rcula-
tiHh on parity win sold' while the
sIINcr us,nE couH'Iles are not main
tnln'hE any soIa upeh'a parity WIN
s'ner' ,u c.y
nv uhiru states 'o-uay ~ the
ktc1teSt o,IhetaIhc country OF Ns
MoriH' III 0te sefSe OF MAINTAINING III
tHEuI"thi p"tH E"iu uuu SILVER on
PATTY WIN euch "ther; ~ " maintain
Ihs AT partly Ii'oIe SILVER money thhh
su'u i1omes' NIt"IulnE !" Tue h'A'!SlISH
Oh tne u,.ect0F 81 the mint. NY given
III the Noilu. N,Uluhac anu EhcECio-
peuiA LOT 1850 Tue circulating money
Oh the Inheu states included SIIl'oVo;-
wv goId' So-f'OVV'uW SILVER anu IN uuuI-
t!on 10 Tue SILVER colhase 'ere' was
''oS'Voo'VW OF paper currency BASED on
com whlth means EeIu or slINeT's 20
thut nl the ehtIre cIIcVIatlnn Of mus
country, ugEregatilis Sl,o''VVV'"VV ohS
ABOUT S6Sl 'voo'ooo was aetuaI goiu mo-
nry' anu 'i'V'I'VoV'VVV Whs SILVER, Ut
paper Ho'tS p"seu u" s'''et NH'S" ~
rludeS sherman treasury notes hnu
SfeehbackS' LOT III Oh WiiI'hsHe laI'h
M government
lntiOns OF congress 10 MAINTAIN us,
parity with Hoid'
The gold standard countries To-Day
are Germahy' treat liritnih. Dehulafk'
Norway, Sweden, Finland, Egypt, Rou-
mania. Tunis. Austro- hungary: ChIll'
Costa laca, Belgium, Holland. France,
Italy. Greece. SwltZefiand, SPAIN. anu
perhaps others not enumerated. RusSh'
being practically gold standard coun-
try, but many OF these countries IKE
the United States, are maintaining the
parity OF the silver. they alrcau! nave
In circulation with gold.
The countries upon silver basis are
confined almost entirely to CHINA, ia
pan, Asia, Mexico ana portion OF me
South American states. including the
use of silver In India, but the coinage
OF silverlh has ceased In india.
Now " we should take out OF clrcu-
lat!on the SIX hundred ana odd mil
lions Of gold In the United States IL
would cause contraction In our mo-
ney that could not be replaced In silver
dollars II all the mints were. Kept run
Ming to their utmost capacity, N NJ
teen years.
II Is well known, as stated BY Mr:
Carlisle. that the utmost capacity OIL
the mints or the United States cannot
coin more than forty millions or SILVER
dollars year. And IN addition 10 ms.
to reduce the remaining l,oV,Voo'VD
silver and uncovered paper money
worth one hundred cents 10 the dol
lar,tO the ffty-threc cent dollars, would
leave only the equivalent OF about SIX
hundred million Of one hundred cent
dollars TO take the place OF the tota! OF
N.iI,O0O.OO0 OF gold, silver and paper
money now worth one hundred cents
To the dollar, which we now have III
circulation.
No wonder hnanciers are In terror Mt
the magnitude OF the panic that they
believe would follow the election OF Mr..
Bryan.
Now. upon what theory should We
destroy bimetalltsm IN the United
States and produce contraction OF
over SIX hundred million dollars In
our circulation by practically demon
et!zSng gold, by taking II out OF ctrcu-
'lation as money and making barterlng
Commodity OF It? There isan impression
oft repeated that this gold Is not In
circulation and performing It's none
tnry functions; that Is great mistake.
II Is held by the banks, savings banks,
trust companies, Insurance companies.
etc, for the money reserves that would
otherwise have to be held In greenbacks
and other bank notes. Gold h not as
much 1 iavorite as bank, notes for gen.
eral circulation, and the bank notes
are therefore more generally used for
circulation, and gold takes their place
for reserves. releasing the bank notes.
| will venture to say that there Is not
a bank In West Virginia that does not
hold Il large part OF Its reserve In gold.
which enables 1t 10 loan that much
more paper money. Money is never
boarded to any extent; boarded money
brings no Income or recompcnse to It's
owners; It Is no better than coal In the
ground. II Is only the active money,
vr the interest bearing money that
brings 4 return 10 Its owner, and 1t Is
only Il natural human weakness. for
thrift that all who have money. much
or, llttlc, want 10 have some benefit