The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1896-09-25
/ ] !! ! J / ZION I ! ] I,


H. = me- Present silver
j! 81 = - fo one, nat It's
lll( A. vs. lited.
stern Agrlculturist:
Friting you is to try to
~ Iss 10 the money question
II am lost IN regard to
N them. Iwant the old
theory; am q Republican,
~ hive been; but since the
ta6nsS have arisen am lost.
me out? Very truly.
m Isl Mg st HI a. Nj. L. w.
nm, Aug. 8, 1896.
49, w. 4 eE . great many of us very
NtE then we undertake to trace
ldGtngs Of statistics involving
1MSy up In the millions and
SsS 6ch as the abstruse ''argufi-
TIE money question are fond Of
M The very men who deal In
md gested stat: sites (misquoted
iInesl@Qlt of ten have simply
~ few stray bits of fiotsam
am Of the flood of historical
ueek to impress their listeners
e liz lIe overwhelming profundity OF
~ lgwledge, rather than to enc
Them with any real principles
ask for ''key to the money
hon. Tint ''key" is expressed In.
one word honesty.
+ e u.s. has power, under the con-
II to measure the medium
u used as money and put it's
y ne on the bit so measured, stat.
AT AT Tow much It weighs or measures;
ole N q
aHoNeFS given 1t by the constitution,
Il kind OF money should be accepted
IA creditor for all debts, in every
except where the debtor and cred
have, between themselves, agreed
~ aome particular kind Of money or
a. o medium in which their account
1ll u settled.
8Sfs mt ID all the power that congress
Is Of ever had, on the money Ques-
Il Now, the issue in this campaign
81 whether congress shall exercise that
a 6Werz honestly by putting it's stamp Of
~ dollar only ON TINT amount Of
luable metal which is worth one dol
~ M ia the markets of the whole COM
world, or whether congress, for
H. benefit Of q certain class, shall lie
beut 1t by putting its stamp Of tone
pllar'' on only fifty three cents worth
silver and compelling people to nc
kept that f1fty-three cents In payment
Ef q debt in which they had given one
SSN s phdled cents value when the debt
made. The key to the whole Ques-
4ion Is honesty"
y The free coinage of silver is not in IT.
81 elf q serious matter. No one objects on
s einciple to the free coinage of silver II
III the silver to go into a dollar could be
las 4, 80 ell, 80
1Old which goes into gold dollar is
dollars worth Of gold. But that Is not
sgy what the silver-mine owners demand.
g What they demand is that silver shall
lse coined Mt a ratio with gold of 't1G
Il y" .. e, that there shall be only six
teen times as l;.any grains Of weight
81 1f pure silver in a silver dollar as there
are grains Of pure gold in gold dollar
there Is where the dishonesty comes
\ in, for that quantity of silver lie not
worth what TINT "a lnntity OF gold Id;
M worth in the markets. of the CONNER
n cinl world. 1t would take about thir-s
# ty-One or sthirty-two tones dnshaaI Of
Sixteen) as much silver as there Is gold
to be worth dollar; and if this 16 to J..
law be enacted it will mean that every
time the United States mint shall turn,
# ont a "18 to 1" silver dollar It will put
the sacred signature Of Uncle Sam tO:a
Il p0tnt-blan lie; for the government
will then take fifty-three cents worth
of silver and certify That 1t is zone dol
!, lar' = E
sThe Present silver Dollar u s.1e 10
a" Dut the Total Nunber IL Limit-
But the present silver dollar does
mot contain thirty-One times as much
silver as the gold dollar contains OF
xold, and yet the present silver dollar
II passes for dollar as well as gold,
nay the free-silvcrites. B s 4.
Ye1, that is true. IL the silver dollars
h were made to contain a dollars worth
-0f silver to-day they would be nearly
twice 10 large and heavy as they are
NOW, and would be too cumbersome to-
sSs llse. Besides, the market value Of sill
yer Is. seldom the same from day to-
day; It duotuates, as does the value 0f
~ wheat or potatoes, and, therefore, the
Il weight Of coin could not possibly be
kept 30 that the bullion value of silver
5 an dollar would be worth dollar
AsOld remains about the same from
year to year absolutely steady,
a. but with less fuctuation than any;
thing else In the world. But, although
N the bnlkiness Of silver makes the true!
silver dollar clumsy and tn hnctua.s
tiOn ma kesS 1t impossible, the United
Z States government has undertaken I'd
4 use both gold and sIlye~ clina by guar
n ailteeing that the silver dollar treNafa.
III less Of itf intrinsic bullion Yaluel shall
have q circulating value equal To gold
coins. This is what Ii termed s'lndifi-
inning the parity 81 tlIts two ,leta 4,
;gsS How PAfity 10 llatItalieA. u u
sss5 4 q mplished' sCbstantially 40
loIlOws: g
The United States government bas
dged its sacred honor to accept the
IntIes on Import and ON internal reves
81 taxes, and HIS II pelia NV. max
silver dollars q leS1i tender fof din