The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-12-29
MR.. HEARNEs REPLY
70 MIR. CsmpbriIs I.nst letter on tho
Formers silver scheme.

To tho Editor OF tho Intelligence.
SlR:-Cndcr pressure OF the QuCs-
tons contained IN my last letter. Mr..
Campbell has been finally forced 10
admit that We have three degrees Of
money, one. gold, superior to the 9TH
cr two. aud one OF the other two. sII-
yer, superior To the third, national bank
notes. promise money. circulating
freely side by side on u perfect equal
ity. Had Mr. Campbell been fair 20
himself and to the public he would
have stated that all or these several
moneys. inferior and superior. had been
circulating freely side by side and on
perfect equality from 1879. the year
Of specie resumption. to the present
time. He would further hive answered
my question. why they circulate 90
gcthcr. which he omitted to do. by
stating That since 1879 tho flith of thiS
government has either been directly or
indirectly pledged to keep these several
kinds Of money upon q parity. Instead
OF doing that, Mr., Campbell has tried
10 rob his own admissions Of their
proper eject. by calling attention to
the fact that gold money commanded
slight premium Just before the last
election, MIR. Campbell Is fully aware
that that temporary condition OF things
was caused by the fear Ot Mr.. Brran'S
election. which meant thc avowcd
withdrawal O( the governments pro-
mise to keep promise money and SILL
Yer money upon parity with gold,
and to pay the bonds. which national
bank notes arc based upon, In iirty
cent silver dollars: and that since the
defeat OF Mr., Bryan was accomplished.
the su-Called inferior moneys have
been IN SScd At par With gold.
Let liz remember that Mr.. CamphclrS
contention Is that the money proposed
under my plan. because 1t either con-
taias or has behind Il one hundred
cents worth OF value. Is, therefore.
superior money. nnd win not circulate
with the present standard silver dollar
and silver certificates. one that only
contains. or has behind 1t III present.
tiftv-thrcc cents, or less chan dollars
worth of silver. an inferior money; ana
W. have the question TINT is being us
ruSSed Mr.. Camphc!fs admissions
show TINT the nOney proposed by the
would pass currently with the others.
at II parity, and L. u.s.. 4 LAWYERS eS-
preston, he has admitted himself ont
Of clurt The fact that two inferior
moneys have not driven out the Su-
perior (Uoid money! but have been cir
ruIatIn= practically from 1879 To the
present, except Tor the few weeks mcH-
TONED. and then under exceptional cir
CunstanCcs, Is sufficient proof they
would not drtv" out Il fourth. which
would h.. different from the gold dollar
and gold certificate. In this alone. that
cun silver value instead Of gold would
Ire us,l.
Mr.. Campbell In,imItcs that he Is
growing Tired NJ this Giscussion' ana II
Il not surprising, after his admissions
II Mr. Campbell would only be fAlr TO
himself and 10 the public and make n
free and fUll confession on TOP OF h's
admissions. NJ would state that he mas
proved the reverse 81 the proposition
that hr has set out 70 do. The latter
nart W Mr.. CamphlI's las; article
seems tn he an effort to create q d.
version, and make the writer OF this
letter appear to have said something
previously. which he has not done. IN
nm effort to draw attention from the
main subject under discussion between
Mr.. Campbell and myself. thereby let
ting Mr. Campbell Withdraw from pun
lie gaze without the appearance OF a
retreat. In the. connection Mr.. CAMP
hell would have It appear that the
writer ut this article has stated that
the several kinds Of money we nov
have. are equally ~ good; ana WIZ
always rCmntH upon pcrtcct cQih'-
NY: to the contrary. the winter mas
always said that they had tho same
present real and nominal value, and
would hay.. 'as long as normal con-
ditlnns prevailed" hut that til" best
money was that which had run com
value In or behind VI
The writer Of this letter IL not sat
is,icd with the present money and says
noW. that has SAID the same In effect
before, that the host is none too good
for US, and that "" ought To have 4
money that will not only h. worth one
hundred cents To- the holder III good
times, hut In all tines: and, therefore.
for Tho future he would try and get the
best hy putting full coin value In or
behind Il. ON tEr other hand, Mr..
C'nmpbrlrS idea Is, that because We
have two inferior moneys. On" nation
NJ bank notes md the like, prhniS" 10
pnv money: and tho other, the Stund-
ard sllvC" dollar and silver certificate.
witch (; would cost us something to
make uc0d, to put ful coin value In nr
brhInd therefore. wc should not ualv
hoil the inferior kinds. hut should ne
tual.y 20 on Colninr and making the
sumr inferior grades Of money.
In conclusion. let NJ" say, the best
argument ;llt couli suggest that NIL
Of these several kinds Of money will
keep company during normal times.
would hr II careful and Thoughtful
reading on several occasions OF Mr. y.
w. CampbcIIs seeming REASONS against
It. am sincere when ! make the last
statement. | am Yours truly.
WILLIAM II. HEARNE.
Wheeling. W. Va. Dec. 2S.
sunlight Soaps Latest Scheme.