The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-24

gold coin. Accompanying the gold coin
was the following letter:
TO Our Employees: Last week we
paid you in silver dollars, at about
the real value of the silver coined in
you do this week, your wages, meas
ured by the number of dollars" re-
ceived, were increased 100 per cent.
We have given you what the silver ora
tors say you need-cieap money and
plenty of it. This week we pay you in
gold coin. We place upon your brow
a crown of thorns, and ask you to
wake up and be crucified
The United States treasury is now
paying gold for greenbacks on demand,
because the present administration is
determined to maintain the gold stand
ard and keep all kinds of United States
money in circulation at an equality,
and has thus far been able, with some
difficulty, to do so. Do you think it is
wise TO place the government in the
position where it is obliged to maintain
two coins at an equality, one of which
is worth half of the other? How long
do you think it will be able to do so. If
the coinage of 50-cent dollars becomes
unlimited and free to the whole world.
Melt the gold you receive today into
bullion, if you wish, its value will not
be diminished. Carry it to Europe, to
South America, to Australia, to Asia,
to Africa, it will still be worth just
what you took it for. Wherever or in
whatever form you receive. it or pay
1t the full value is there. In which
kind of money do you wish your wages,
your savings bank deposits, and your
life insurance policies payable? If you
or your family or relatives own the
house III which you live, what kind of
money do you wish to receive on your
fire insurance policies in case of loss
by fire?
If any of you believe that the silver
party will be successful and you want
to make some money on the plan which
they advocate, you can keep this gold
until the good times coming when
the new plan becomes law, then ex-
change your gold for silver bullion,
carry it to the mint, have it coined
without charge and have twice as
many dollars as you had before. If
you find you cannot buy any more
with them than you could with half
that number before, don't mind d little
thing like that. You have got more
dollars and that is what you want.
Any Of them you don't spend immedi-
ately will be found useful in the house
We cannot imagine for a moment
that the employees were anywhere near
such great fools as their employers
took them to be. Had they been cate
cflised as to why a. Mexican silver dol
lar of more weight is not worth so
much as an American silver dollar,
they would have ait once replied, Be
cause the American dollar is an Amer
lean dollar and iS a legal tender -
When told to melt down their gold and
their silver dollars and then sell their
bullion and see how much it is worth,
they would have answered, melt down
your greenbacks and see what you can
get for the ashes When told that they
could, under free coinage, take a, gold
dollar and buy twice as much silver
bullion as is contained in an American
silver dollar they would have answer
ed, mo; under free coinage the com
merclal price of silver bullion will be
its coinage value"
The Dothe-Boy's Hall school of
finance will never be accepted as sound
by the American people; and it is to
this school that those who pay out
Mexican dollars as arguments against
free silver belong.