The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-07-22

paying power with the host dollars OF
the civilized world. (ApplHuse.) Our
own experience, MS well as the expert
cnco OF all tho real civilized nations OF
the earth, proves that We must have
the gold standard for II measure OF val
ne II we wish TO keep both kinds OF coin
In circulation. While VIC uru ON thls
subject, let u.s. consider tho opinions
on finance of the most Intelligent aud
enlightened nations In tho world Tho
gold standard liz II measure OF value
states, Great Britain. France. Ger
many, Belgium, Italy, Switzerland
Greece, Spain, Portugal, ltoumnnh,
SorvIa, Austra- Hungary. tho Neither
lands, Norway, Sweden. Denmark, Rus
| slh, Turkey, bulgaria., Australia, Egypt,
Canada, Cuba, llnytl. while tho silver
standard countries are Mexico, where
the lAb0ror receives twenty-five cents n
day the Central American Rtnlcs,
where wages nrc noiOrlouBly iOwl Jn-
pan, where the highest paid labOrGfi the
| skilled porcelain worker receives Rcv-
Cnty.twO cents per day, and other
branches range lower than ten cents,
India, China. AMI tho Straits Settle
mcntS, Our friends say they want
more money In circulation pur capita.
nv liNA rNNl'lNh. III lUU M
Yer standard countries ls aS follows:
Mexico, 81 II: Central American states,
81 IS; South American. states, 81 g;
Japan, 500; lndin, 81 30; China, 81 OS;
Straits Settlements, 81 o. Our own chr
culutlnn per capita, on gold standard
basis Ii S2l 81, and VIC are asked 20 fol-
low the example OF the free coinage
| countries and Improve our condition. II
seems to me that comment Is unnccCs-
Sary TO Il patriotic enquirer for infor-
nation.
We are asked to ndopt. the free and
unlimited coinage Of silver on private
account. This means that any person
from amy part OF the world may have
the government OF the United States
coin for him free NJ charge, except for
the alloy, his silver bullion. Who Is VI
tlsat has silver bullion? Is It any far
mer, merchant, or citizen OF West Vir-
Slnh? II IL no one but the mine owner
in the west, In the United States, or
producers OF silver bullion In Mexico
and other countries
What does sixteen IL one mean? II
means that for every grain OF gold
contained In the gold dollar the free
coinage silver dollar shall contain Six
teen grains Ot silver In other words.
there ARE, 2a,22 grains OF pure gold In
our present standard gold dollar, and
at L ratio OF sixteen TO ono any mine
owner who takes to the mints 37l.25
grains NJ silver, which IL sixteen times
Che number OF grains contained In the
gold dollar, may have 1t coined by the
government Into silver dollar. But |
can take gold dollar to-day to the
silver market or the silver mine and
buy something like IA grains OF silver
or double the amount which Is proposed
to be put into the free coinage dollar
The advocates of free coinage OF sill
yer seem is think that flfty-thrce cents
worth OF silver, which Is about the
bullion value OF silver dollar to-day
can be coined and made equal to the
bullion value or the gold dollar, which
IL worth one hundred cents. Nothing
could be more (allacIouS. They believe
that by stamping piece Of metal the
government can make It buy more or
exchange for more than 1t did before
1t WAS stamped. In the experiences OF
the world. since the dawn OF history,
We can lind no instance OF any success
lul attempt To leglslate value into mo-
ncy. while. on the other hand. the his
tory OF coinage tells OF countless fail