New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-02-02

true Wheat is bought for silver rupees in India and
sold probably in England for gold .
The largest shas Of our imports e come scb from ,m
Europe and Great Br,an ana we II their gold
standard. so much the better for US But we al
know the aharpes. competition we NEE; in selling
agricultural products ard provisions abroad arises
from countries using silver currency ohly w h
they destitute OF skilled labor ana where Gneap
wages prevail A market abroad for any surplus
Of wheat or corn bee, or PORK on o rss OF be
world Therefore the home market should be pre-
served The price OF cotton VIII not De Ner ns sr
until are able 10 manufacture me major par par
OF the crop at home Asiatlc competition can Only
be met by an American tariff. and cannot be over.
come by providing low standard OF money TO pay
FOR whatever we have 10 sell
NOT REMEDY But AN AGGRAVATION
The absurd,y Of free coinage as a protection
against Oriental Industrial rivals cannot well be
concealed. We might with almost equal propriety
be invited TO introduce an Asiatic plague, ana
have II Just logically urged on the ground that
1, has long prevailed in Asia and yet they have
not all died there Instead OF a remedy, free coin
age OF silver would be an aggravation OF sorry
condition Offering "a Il would to American wage
earners n standard silver dollar though known to
be deprecated TO half OF its former value and
forcing the American people TO accept that de-
preclated standard OF money for all Of their i'm
To feeble preence that the free coinage OF silver
gold would not deprive silver money or us parity
with gold never became respectable by its repeti-
ton and is no longer servceable even In the sup
port o, wild and ponderous experiment; seven
hundred grains OF pure silver may be had IN any
market for s. and when We are fanatica!iy urged
10 coin silver lesa-tender dollars c9ntaining only
37li. grains Of pure silver obviously, II must pe
expected that some people are to find pleasure IN
being cheated. well as those who cheat The
proposition is to Sc, up standard OF silver money
worth but half It's nominal value and then look IN
You may have a good reason" said DR.. Joanson
why two and two make five. but they will still
The bme,alsm Of free coinage advocates claim
Ing here TO be s oT not I0a a goa o b a REGARDED as an or
ganized hypocrisy. Knowing that the present Ad-
rency from appreciation they refuse amend ex-
sting laws and thus force rs pSr'hase al ,s ,ne
OF years Really. this kind OF bimetallism Is no;
on speaking terms with gold. which seems to be
turn or to open any doors through which 1t might
come back 70 It's former home -, ,-
that the extreme silver men, now naternizng mere
ana at home with the Republican party, would band
themselves together on one dominant luea' lor
sakne al others. and. With auxiliary Democrats
a.d htch ON 10 ,"e n come tinkng silver
amendment. hoping thereby to secure silver ,ri;
Oil Republican party might perish But there is
little Of these eruptiye threats fQr II carried
Offenders upon whom public opinion would not fai.
place IT'S brand and wnayfr Psry msn spr
would be found among its members.
The southern people can natny Se & 10 sse
MIL ad fr nersons TO the survivors OF our great
t'nion ARM. but they should bear in mind that
these survivors are now diminishing by thousands
wear by year and that the Confederates mus. be
he'd responsible for the first gun in dep.orabe
war where they then took the chances whether their
surviving and bruised soldiers or those OF the Union
Army shoud be rewarded for their heroic services.
The Northern people subjected to an enormous
expense National and State, To support the Union,
and now by far the greater part of the pension
money is paid by the populous North as the
largest consumers OF merchandise upon which rev.
erue has been collected
PROFITABLE CROP
Where silver mines abound the raising Of silver
bullion is far more profitable than the cultivation
Of wheat. or potatoes.
The amount of silver employed in the arts by
the United States in 1894 was S9G6lS7l. or nearly
three times much as by Great Britain;
value at which foreign coins shall be reckoned in
computing the valuation OF imported foreign mer-
fixed at only fraction above 40 cents, and Mexican
dollars at 50 cents. Would this be -four square TO
the world" while the value OF our dollars con-
tanning about the same amount OF silver is fixed at
100 cents?
anything more It Is cumbrous and rarely used. No
man owing to his merchant or to his bank thou u,
silver to pay it. The annual industrial products Of
the unted sissss ,ss ,hoss to
Europe and our foreign trade is largely increasing.
terests into a state of decrepitude. Five OF our
young and thrifty States so ably represented IN the
OF presen, population yet produce nne-tenths OF
the entire annual silver product Of the United States
II silver rehabtated. that more
silver bullion should be produced than produced
nifty years ago. and cheaper cost. there would
be no urgency for free coinage The urgency is to
induce the Government TO do what no other Govern
the globe Is doing or will do alone.
The worlds product of silver for the latest year
Of which have any report very large in
spite OF its low price It's free coinage the Cd
ratio would amount 10 precisely the thing as
l standing offer by Government for the purchase
II al or any part of the worlds product at 81 20 per
ounce, as the Government would have the silver
and issue Its obligations therefor. which our peope
would have to redeem by accepting them as legal
tender for any property or for debts. The Govern
would all quasi redemption OF silver d1i,
l3rs, and all the .oss from Their overvauation would
fan upon their holders the holders OF silver GER
t.hcates. ,.. -.
The Increased product Of silver throughout s tne
world from the rich mines and the poor. as wei. AS
that obtained cad and copper ores as second
iry product would be very large Some OF tne MINES
n Nevada are too lean now to pay any proft' WhiIe
of hers i'm Colorado produce silver bullion al cost
IT. cas- than q cents per ounce. ana these give pirth
not 10 goiIbugs but to silver milonares
THE ACCUSATION PROVED FALSE.
The tlred-out accusation that diminished product
y gold had greatly augmented Its value has been re-
ruted by the high authority OF Mulhall. according
70 whom the worlds total stock Of god in 1850