The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1896-10-09
Y A%NrIporEs.

l. That omission o. the silver dol
lar from free and unlimited coinage In
1873 destroyed half our money.
The per capita circulation In 1878 was
SlSOt. In 1878 We had neither gold nor
silver In circulation. The total OF our
money, including treasury coin. was
$751;, SSl, 500, July 1. 1896. our money In
circulation consisted of gold coin. St56.-
l2S .iS3: standard silver dollars. Salts
SOS, with sS7S.6iL.Oi3 in the treasury:
subsidiary silver. $50. 99s. sol. gold GER
tihcatcs. Ste. 500. $50; silver certificates,
1891. 800. 800; "Shermans." $95.s l7. S6l:
"g~recnbacks." 1884 .a5S: currency Ger.
tlncates. S3i, $40 900. national bank notes,
S2l5.33l,927, This makes a per capita
In circulation Of 2eI.i0. tscc official.
treasury rrport)
>. That the act OF 1878 destroyed
silver as money"
Under our limited coinage OF silver
we coined from 1873 To 1895. eighteen
years, II total Of S7l.927, 729. During
the entire cIghty-dye years previously.
with free coinage up To 1873, the total
silver offered and COINED was 1922, $685.
92l. tMint rcports)
3.-That the act or 1873 was a gold
conspiracy against silver"
II was earnestly supported and voted
for by the senators and representatives
Of the silver states. The bin was re-
fcrred to the finance committee OF the
senate April rs. 1870: submitted to the
house June 20, 1870; passed through va
rious stages, all public and of record.
until February Il, 1878, when II became
a law. (see Laughlin's 'Blmetalllsm,"
page 9s. or Congressional Record for
the years indicated)
T. That legislation can keep up the
price OF silver.
During the operation Of the Bland
Allison act ass, when the government
was buying 81, 900. 900 monthly. and dur
ing the operation OF the Sherman act
$500. when the government was buy
ing $4,000. 900 ounces annually. silver de-
cllned per ounce from S.16 to 70 cents.
mint reports)
5, That because silver cannot be
kept at par with gold, in a poor"
country like Mexico, It must not be
presumed the United States cannot
keep the metals at par.
This is suppression Of the fact that
all the countries . OF the gold stan
dard tried TO keep the metals at par
and failed. one group consisting OF the
Combination OF France. Italy. Belgium
and Switzerland. Can the United States
hope to succeed alone where all the
greatest countries in the world, singly
in combination, failed?
8. That gold and silver with free
coinage at 10 10 1 Is the money Of the
constitution"
Read the constitution.
T. That free coinage OF silver at 1G
to l Of gold Is the money OF Jefferson.
Hamilton and Jackson.
Read their writings. Each knew that
unless the coinage ratio Appropriated
closely to the market ratio the I'M
dervalued metal would not circulate
and advised accordingly.
8. Bryan garbles Blaine and quotes
Carlisle before the great era Of silver
production set in.
Read both ungarbled. /
9. That dropping the silver dollar
from the coinage Of 1873 cut down
prices and wages.
SO long as wages do not fall, decline
in prices is an Indication Of prosperity.
From 1873 to 1895 the savings bank de-
poslts Increased from 1902, 400, 29S TO
81, O41, S67, 500. This stands for surplus
after wages have supported the earn
ers. 1t is not hereditary wealth. That
seeks other banks. A non-partlsan
committee Of the United States senate
reported in 1894 that in twenty-one in
wages were 40 per cent higher
in 1850 than 1860 and 60 per cent higher
in 1891 than in 1860. The fall In farm
products was due to over-production,
other countries competing with the
States. l.