The broad ax., 1896-09-26
Q.-why is it impossible?

Q.-Why is 1t impossible?
A.-Because all our gold is now leav-
ing US, and il something is not quickly
done to prevent it We will soon be on q
silver basis.
Q.-But isn't it better to be on a free
silver basis than on a single gold ba-
sis?
Ayes, very much; but what we
need most is a double basis.
Q.-How should We go about getting
on double basis?
A.-By readmitting silver to free
coinage and thereby making the silver
in a silver dollar just as valuable as
the gold in gold dollar.
Q.-How can that be done?
Avery easily. II the government
coins silver free at the ratio of 16 to /,
which is equivalent to 129 cents per
ounce, holders of silver bullion would
lot part with their metal at q smaller
figure.
Q.-would such a process cheaper
gold?
Ayes. by throwing the demand
onto silver. Gold would then flow into
the country instead of flowing out.
Both metals, having the same value,
We could then pay our foreign debt in
either coin.
Q.-What effect would the remoneti-
zation of silver have on our exports?
Alt would greatly increase them.
Q.-Why?
A.-For many reasons. In the first
place there would be a big influx OF
silver from every country. This would
90 into our minis and be coined into
American dollars. These dollars
would in turn pay for the products Of
American farms and factories. In
other words, our products would 60 to
the countries from which the silver
would come This is just the condi-
ton OF affairs that the people Of this
nation should aim for.
Q.-Then it wouldn't injure this
country TO absorb the worlds silver?
A.-Did you ever know of a nation
or an individual injured by too much
money? That is the best answer.
OIL see that some Of the papers say
that the advocates of free silver COIN
age are all lunatics.
Ayes, having no substantial ar
gument to make against our PROPOSE
ton, they ridicule US, and in this way
keep many good, yet timid, persons out
of our ranks.
Q.-Have any really great statesmen
ever advocated free and unlimited
coinage Of silver?
Ayes; nearly all the greatest men
Of this and other generations.
Q.-Name some Of them?
A.-James G. Blaine, James A. Gar
field, U. 8. Grant, Abraham Lincoln,
Lyman Trumbull, Andrew Jackson,
Henry Clay, William Henry Harrison,
Thomas Jefferson and many others.
Q.-Has William Mckinley ever ad-
vocated the free coinage Of silver at 16
to 1?
Ayes; when in congress he voted
and spoke for it.
Q.-How do you account for his pres
opposition to free silver?
Ale failed in business few years
ago and two representatives of the
money power, H. H. Kohlsaat of Chi
cago and Mark Hanna of Cleveland,
came to his rescue and paid his debts
About that time his views on free sill
yer underwent a radical change.
Q.-Do you believe that a free silver
republican should vote for Mckinley?
A sincere advocate Of free silver |
cannot consistently vote for McKin- |
ley.
Q.-How should he vote?
A.-For Bryan
Q.-0ne or two questions more:
What was the price Of silver when It |
was demonetized in 1873?
About S1.31 per ounce. 1t was at |
a premium.
Q.-Then Il IL true that It was not |
because the silver dollar
was cheaper than the gold dollar?
Ayes; the silver dollar was worth |
a premium Of 8 cents over the gold dol
lar. Since 1878 silver has declined
In value on account Of demonstration,
and all prices have declined with IL
Admit silver to the minis again and It
viii at once regain its old value. In
like manner viii all other property,
particularly the products Of the farm
and factory, adding almost 50 per cent
to the income Of the real producer
labor. P.J-D.