The Daily Texarkanian., 1896-08-31
BIMETALLIsM VS.. FREE COINAGE.

blMETALLlSM VS.. FREE COlNAGk.
Dallas, Tex, Aug. % -CTo The
News. I'm behalf of your patrons
in this state who believe that the
people of this country will not en-
Joy general prospt rity until we Sc
cure the full restoration of silver as
primary money, | request that you
publish the following editorial
which appeared in the Louisville
Courier-Journal of Aug. 10, 1896.
The same distinguished gentleman,
Mr.. Henry Watterson, sits upon the
editorial tripod now who sat there
then. At that time no one ques-
toned his democracy or disputed
the fact that the principle advoca
ted was genuinely democratic. The
proposition laid down by him appli-
ed more forcibly to the people in
1896 than when they we're ut
tered. c. w. GANo.
The following is the editorial pub
lished in the Courier-Journal of
Aug. 10, 1896
"The Courier-Journal has been
devoting large amount of space,
week after week, to the discussion
of the silver situation in ITS rela-
tions to the interest of the United
States. Most Of the newspapers of
the United States have have taken
but little notice of the matter;
many do not refer to it at all, aud
10 other daily paper in the union is
treating 1t with any degree of that
earnestness and persistence which
would imply that it is recognized by
leading minds as a question of inn
mediate aud intense practical sig
ni6cance to the welfare of all class
es of citizens, Such is the magnl-
tude of the question, and such its
practical bearing upon the interests
of all men, and we find the whole
American press Ignoring it.
"The Courier-Journal lays down
the following propositions:
81. That the demonetization of
silver, which has prevailed for some
years up to this writing, both in the
United States and in Europe, has
had the effect of advancing the
value of gold about 40 per cent.
o. This has been accomplished
by depressing the value of all other
property to that extent.
"3. That 40 per cent. of the
property and producing resources
of the people have thus been trans
ferred to comparatively small
class of men, whose stock in trade
is gold investments.
"a. That in the exact proper
tion as gold has risen, the burden
of debt and taxation has increased;
and that in proportion as property
and labor have declined, the capac-
ity of the people to pay their debts
and taxes has diminished.
"5. That the silver discount is
creating bonus of more than 30
per cent in favor of the farm pro-
ductions of India and Asia, which to
that extent cheapens the wheat,
cotton and various other produc-
tions of the United States.
&c. That these lamentable con-
ditions have been produced by anti
silver legislation.
81. That they can be undone
and property restored by pro'silver
legislation
"Now here are seven propositions,
either of which, if true, certainly
proves the silver situation is a mat
ter Of intense and universal impor-
tance, If 50, why is not the matter
forced upon the public attention
day after day by all the newspapers
in the land, which are not owned
body and breeches by the money
kings or the gold conspiracy? If
they, or either Of them, are not
sure, why do they not prove it, and
put the question at rest once for
alp If any newspaper in New York
or Boston, or Chicago, or Philadel-
phia, or ST Louis, or Cinclnnatti,
or New Orleans can successfully
controvert either Of these PROPOSE
tions, it will render the public valu-
able service by doing so at once.
If they can not coutrovert either of
these propositions they are obyi-
ousy conniying at gigantic fraud
aud wrong which can not possibly
co-eXist with any degree Of pros
perity, If any or all Of these prop
ositiops are true, the honest jour
nalIst, with the capacity to under
stand the principles involved, can
not consistently abstain from Civ
iny them the greatest publicity DOS