Fair play., 1896-10-31
The Logic Of Bimesalism Tor
the United states.
Some Fallacies OF the Gold Men.

principal ohirc'i"ns that are urged
against bimetaiisin, or the free and
unlimited coinage 1T bu!h gold and
silver, in the United States. Most Of
the ~ called arguments used by the
gold advocates in comtrnding against
the silver idea consist iArgri, OF ridi-
Guile, cpithris, snecrs and unprnvabie
assertions Nune of their contentious
when tried in the balance ct close and
rigid examination can stand the test
The principal objection oi the nppn-
nrnts of bimcinlism, those which
have enough substance To them to cast
u shadow at alt, are the following
|. The, clam that il the mini- he
opened 4" free coinage the cnunir,
will be flooded with silver
2. They say that gold will leave
the cnunrr, aud we will have nnly
silver IN circulation.
) Tiny assert Ihni we will then
have ,lrprrriaIed d".iar-a fifty cen,
dollar.
Now tn take mp all OF these ndic,
tnn- in order.
l. AB,.UT THAT INUNDATioN OF
SILVER
They sav that it nur min,s are
opened to fire" coinage thai his coiIn-
try will nr made the dumping ground
tor all the SILVER in III" world that all
the foreign nations will gather up all
their silver, bring il, or ship il to the
United States and have thi. silver,
now worth abuut 60 cents an ounce,
G lined into nice new silver dollars,
aud men would he @thcred in silver
money. IL is barely possible that
this manner Of death would not be
great, stunned bv man, poor devil
in this country, but the tact is that il
could not occur. Wm We ask
them where il this silver flood to
come from. They answer 'wh, i,
from the silver bullion piled up in he
world" Now, the only hoard OF
silver bullion that il known I" be in
existence in the world today j. the
amount IN our own Trcn-ur, which
was purchased under the Sherman
act, and which has already been is
sued MS money in the form OF silver
certificates, ard is in .ia,l, rircmlu.i"n
Again we ask where il this silver
food I" come front They rcpi, that
the nation, will melt down ar ship
their silver coins here to he minicd
into our dollar. Now il eur dollar
will then, according to their own
assertion, he 80 cent dollar. the
foreigner can't do this. tie cnuld not
even ship bullion here, il he lnh i, :,
under those circumstances, brcausr
he would he cut the cost ut trnn-rur-
ta,ion. Iu fact, the gold mrm ran
only make the assertion upon the sup
position that the a mriican silver dni-
lar will be dollar If lGO cent, {: aud
even than the foreigner cant -hir hi-
coin here tn Toe rcInin'cd WIN Be-
caG-e the silver com pf the nations j.
money nj home and cirruinics ai its
face value, and il they melt it. i,
would he coin money no longer hui
only bullion, aud tins bullion would
he worth mnre abroad, and is worth
more abroad TODAY. tor coinage pur-
| pose, than in his r"un'ry, because all
other nations coin silver ai The ratio
Ot l5 or Is | 2 ounces of silver to,
one OF gold ami we coin il NJ III" ra'i"
of l6 TO |. This means ,ha, the
amount "f SILVER bullion that would
make the equivalent of dollar in the
w
'o' 'ihhc ""''Hr mere an" me nor
c'gncr VINO """iu '"r', ms com ANA
sen" IL !" ne r. c"'"e" i"'" u -. ""i
iA'- "of'" ioo ct"'-, """'" 'o"sr
NH ounce "i SILVER q" every 10
ounce 'ISn>"''''," P'"> '"e r"'' "'
transportation, that Is I" So, that the
/ degree of his io-s would he about 1
! cents on the dOiIar.
ohct 'i''e W. a-H wh're 'S a'i ',a'
SILVER 10 come from, All" 'he' rri">,
WhN "'' '", 'tr""r" an" -''ei
orhn",tn'- VIII VIII nr hr"h"h up M"
c"'he". "h' '"e' ie' us see
ne value, or 'he cost prize 81 any
piece "' -''r' pune or e'''r "r"H-
"'h' II "'i"' up "i wv" 'hc'"'- IN"
value "i III" tle'n' or bullion nat - ~
w" piece "' -'''rr l''"'", al" NE cost
81 ,"e !a""r 'h"' ""- necessary I"
Pr"""r' u, '"e "''"''"' 81 eh'', al"
l"'r"' '"o"r "'cr--hr' l" f'"'"'r
piece "' "fh"'h"h'"i -'i'cr"nr" "-"hl'N
c"-'s more '',a" me '"''c "' ,h' me-"
w h-'hr 'h""i r"~' !, nail "' u, ,'r"
/ 'hnn hh', "' 'h, "n"ie price IL l.
w N'"e"', 'n'"' ."'' " '"," '"h"'
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""F I" s'''''"' ""''' '"-'' ~, 70" rose
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