The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1896-08-14

winch the AmeTl.
red to support the
ates. This can be
ely done by q COM
ertions Of the Chi
the simple facts.
SOUND MONEY
FACTS.
T h q constitution
does nothing Of the
kind. It does not
contain q line or
word which can he
twisted into mean
ing that gold and
silver shall be the
money metals of the
country. Article !,
section 10, says:
mo state shall en-
ter into any treaty,
alliance or confed-
GRAFTON, grant let
ters OF marQue and
reprtsai, coin mon
ey, emit bills of
credit, make any,
thing but gold and
silver coin q tender
m pay m e n t o (
The dental Of the
right Of the states
to m q k e anything
but gold and silver
legal tender is very
I q r { r o m naming
those metals as the
money metals OF
the United States. {"
In no, other part Of
the constitution is
gold or silver even
mentioned.
The first coinage
law passed by con-
gress made bot h
gold and silver coins
the unit or measure
Of value. The Span
ish milled d oil l q r
was made the unit
OF number, but the
coinage of gold was
based on q fl x 9 d
number Of grains Of
gold and not on q
ratio with the sill
yer dollar.
The coinage law Of
1873 was passed aft
er three years. dis
cuSSion in congress,
and It was printed
Is tt m e 8 In the
course of it's enact
ment. The speeches
in both the house
q n d senate during
the proceedings OH
the bill show that
the c h;a nlg e W q 8
made as openly as
any other law ever
passed by congress.
There Is no proof
that gold has appre-
ciated. Measured by
its labor cost-that
10, the amount Of
labor necessary to
obtain q given guam
tity OF it-gold is
cheaper to-day than
In 1873. ~
The free coinage
of silver bullion, Of
which 80 ounces are
worth less than one
ounce Of gold into
legal tender dollars
at q ratio Of 16 to /
gold dollar, would ut
once force this coun-
try on q silver basis
and t h u q b rim 6
about the monomet.
allisn which the sill.
verltes pretend to
oppose.
It is also the pol
Icy Of France, Ger.
many. Austria, It.
ally, Belgium, Switz-
erland and o t h e r
civilized n q t I o n g.
Silver monometal.
lism, W h ic h would
be the certain re-
suit Of free coinage
at 16 to ], is the pol
icy Of China, India,
Mexico and Japan.
Are the gold using
or silver using coun-
tries the most en-.
lightened and pros
porous. and worthy
Of being initiated by
Americans?
This is q demand
\ { h q t silver worth
only 81 cents shall
be declared equal in
value to q gold dol
lar worth 100 cents
~ face Of the fact
that the rest Of the
wprld r e I u 9 e 9 to
join in establishing
q arbitrary ratio
between gol d and
silver. It is also q
demand for legisla-
tfoh making debts
contracted on a 100
cert basis payable
In 81 cent dollars. 1t
10 d frank assertion
In favor Of debasing
t h d currency b y
adopting the cheap
silver standard. 1t
mearjs that one-haif
Of the property Of
the millions Of cred.
itors of the country
shall be taken away
from them by law,
and that If the sill
yeriteS are success
full they will bring
on a financial panic
by threatening in
vestora with the loss
Of halt their Gap
ital, t b US forcing
them to call in all
their loans.
{ least the Chicago
commended. It is a
ton Of revolution
reputation prtn-
me who supports
t what he Is vot-
American people
mselves to blame II
.ough to indorse a
1 bring widespread
nd end in national
honor.
cDEN GRAHAM.
sholders.
holaa, ,.,,.a o..