The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-10-01
REPLY TO -sILyER."


49, 49,
answer to that speech. 1t did not re-
qulre much dlsccrnment to know that
these assumptions were prop0hndtd by
two would-bC silveritts, I~nstcndsof one.
who have differed very materially In
their views until Iulle recently on the
money Question.
Any riRht-thinling person who will
read over carefully Mr.. Graham's sreech
ana compare Herewith the baYs mlsrep-
r"sentatiOns given by silver" will come
to the conclusion that tho attempted an
swers ap worthless and viii not admit
OF any reasoning.
Inc nrSt assertion which SILVER
make IN reply to the statement OF Mr.,
l'rhham that previous To 1879, under
trtc coinage, We had coined and In cir
cllIatlon only about $40. 00O. 600 or silver
standard dollars and subsidiary silver,
and since that time about $500, OGO. 900 sill.
Yer dollars. Is that they desire TO re-
inlnd Mr., Graham that We had In 1874
IN this country and In circulation about
Slo',UOO,OOO OF foreign silver coins which
We're IuIl legal tender, and which would
make u silver money about S10J ,0OO, 900.
would II not have hc,'u better for him
To nave given the dates N7gt To lS2O,.
when these foreign silver coins, amount
ing In all to considerably less than one
twentieth OF the amount he states. were
received ana accepted In this country ne
legal tender, and then We would have
Understood. for that circulation, namely
tue Revolutionary wnr and war OF 1872.
Whrn thr government was glad to get
IN! klnu or money that was exchange
nhIs Tor supplies? 1t Is Il well known
tnNf thnT Il.. NNuvN "
SILVER cannot be verified by statistics
or other reliable sources and the rr-
mindrr " Silver Is an absurd one,
II may be, however, that he has been
reading very ancient history containing
reference to the SpdnIlrdd when thev
look possession or Il part uf this cuntl-
htht. 10 take mp 4 little Of American
History relative IN the first silver bullion
offered to the United States treasury
Tor purchase II was stated that there
were 4 lot NJ silver coins from rance
which had Come into the Golfers OF the
bank Of Maryland and were sent to the
mint July Is, 1891. the amount being
SSV' la. and later Spanish coins TO a GER
tain amount following them and pass
lhEn as LEGAL tender Tor n time only, when
!, was discovered that The silver In them
atone was worth considerably more than
~N''' iAAAV All' TllNFT lOll1T. EOTEE-
unently they did o stay long with us.
but Disappeared through various chan
ntlS, including the rcmelting for silver
Plate. etc. Silver coins had been mlnted
before 1891, but from whence the mate
rial was obtained Is not = matter OF
HNatlahlC record, unless orr friend "Sil-
N"r. Is IN Possession NJ q piece Of unre-
corded history.
silver also takes exception to Mr..
Graham's statement relating to tn. sill
Yer dollar. and states that had Mr..
Grnham wanted to b. fair he should
nave gone on and described the differ
enSe in che character OF the silver now
coined and THAI Of 1873. and before. He
iIiIs. however, to explain what tn"
meaning OF the word "Cnararter" IL as
applied 10 silver, 80 ii will be well to an
ticipatc as briefly az possible and de-
scribe the difference, pnmely: that in
July. 1861, I barrel Of flour cost from
Sl3 80 to Sl5: granulated sugar 25c 10 2Sc
per pound; mnlAsses y5c to 81 per gallon:
calico BIC per yard, with furm labor al
81 30 per day. The same articles are
ceiling today us follows: Flour. about
81 10 Sc; %Eranulated sugar SIC per h.:
mnluSsHs 3Oc 10 45cper gallon; calico &c
to &c per yard, with labor at 81 % per
day. The prices given for 1864 are such
as wer" being paid BY the people for
lhUse nec"ssarics, and gold was at a pre-
MUM OF 8 81 and the average price Of
silver was 81 ST.: per ounce. That ought
to be suiticiGat character" rs to the
value Of silver previous to 1873. and NJ
the present time, and IL caused by The
government purchasing silver 10 coin for
its account and not for every indi-
Hidual who has silver bullion to coin.
IL thus enables the business people and
the masses OF these United States to ac-
Cepi II, and by so doing, show their con-
ldence In the governments honor to re-
deem It's products or It's coins.
II SILVER" had confined his ass,imp-
tiGnS to reasonable argument and not
have irtcrsparscd 80 freely those un-
fortunate IFS" of the free sIlvcrltes,
which constitute the overture and final.
Of the fire. coinage of silver. th, reading
public would have taken with n good
grace his attempted reply to some nf the
Important points In Mr.. Graham's
speech.
In supporting his assumption as to
the silver dollar being only interchange
able in gold and nothing more, and this
lntcrrhanEeaDillty amounts. because 1t
depends upon the Willingness al the gov
eminent or individual holder Of the gold
10 exchange you gold for 1t. he cites the
following illustrations: Take five sill
yer dollars and go to your bank and try
to have them exchanged for a 81 gold
piece. Write 10 the iinited States treas
Erer ana ask him II Tor one thousand
silver dollars he will send In exchange
one thousand gold dollars" nay state
that on several occasions within the last
three years | have taken silver dollars
II silver certificates to the bank and
rnN't4I' - NlUpTiE DEpl "a - .Fptthtn In rptftnfv
4 50, so or $50 gold piece In exchange.
In {. recent letter written BY Mr.. Carlisle,
secretary Of the treasury, ana which vas
published In many uf he leading pa
pcrs. he stated that II United States sill
yer dollars were presented At the trcasu-
ry FOX gold. the treasurer Of the United
States would, IL requested. have to re-
deem them In gold. Whether this Is so
or not ] merely repeat Il. as the secr,.-
tary Of the treasury should be the proper
per person to decide such matters. our
friend SILVER" states that we have ST.
go. coo. 900 of fiat money, silver and paper.
depending for their value upon 5000. 0O0.-
600 OF gold. and that in view Of this Il
must be apparent TO the money changers
OF the country that the government cln-
not well redeem It IN gold. II Is quite
evident from this statement, which IL
true, he desires 10 Impress with fine sar-
cdsm the governments Inability to pay
It's obligations.
What patriotism! What trust, anu
what noble belief he has In the honor
and Integrity OF the United States gov
crrmrnt when placed In this unenvlahlc
position as to b. the victim of the money
changers and money kings Of the cuun-
try, because patriotic Americans. who
should love their Ountr more thar self.