The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1896-09-25
II Costs Gnun Lraa 90 Mlno 1t Than It
Does to lilac silver.


II Costs Giuun L"aA 90 Mino 1t Than It
Docs to lilac silver.
Cnc Of the oft-rcrcated statements of
republican newspapers ard orators and
cf their allies, tin gold democrats, is
hat the UlurGnncc a of silver Gre and the
chcnrncss with which the metal can be
produced arc the causes why people Of
this and other countries VIII not, and
6houlI ret sanction it's fTCe-coinHgc, as
"a ttGcr.Ition l.GLey, at the rH,io of six
teen to ere, or even tho French ratio OF
lftccn and orc-half to one. If this rca-
roning Lc accepted the truth Is IL Is gold
which should Ec dcmonetizcd, for its
production during the past 80 years has
been relatively much larger, in coin
yauc, than that Of silver, and the cost
Of its production Is now much less. To
day, for instance, to get cut of the earth
the silver in a dollar costs the Colorado
miner So cents, while the South African
gold In n dollar costs but 35 cents to
miic. TEeac figures the gold-sturdard
men never reveal, though practically ac-
quainted with them, for this campaign
IS made on fulsehcods which they hope
the people will not find out. Based on
The cost of the production Of both metals
lhe Just mar!.et price Of the yellow
metal "a compared with the white is
Cnly little more than 63H cents, and
so their present bullion prices should
he exactly reversed. According to the
rrlctly interpreted logic Of the Shylocls
gold is the cheap and debnsed metal and
silver should be the standard ard inter
national coin. being the dearest one. In
this connection The following statistics
nrc irstructye:
Tho Production OF Gold and siIvor.
Dy periods, from 1882 to 1892
Production OF gold from 1892 to
laal ...:........:....... ESi5, 5,lSo,OO
i55o Observation-Disclosures. ... o 1,CGC,ci7cOO
overEeld .........,.......,..,... $si2.O01 OCO
Production OF gold from 1860
(gold of California and Aus
trClig) to ,72i. .S25 eco
Production Of silver from 1850 to
1919 ...''... -. Ll0DV21,tW
oyer s!iyor. ,....:...........:s Isl. .574sOO,Cco
1889, inclusive, ..........,,...., .,Sg,OCoSc1COO
Production of silver from 1873 to
1852. noluHivc....,."......... 2,2Gi.4l3.cc0
Excess Of production CT silver
total riradaciion Of Fcid from '"0''0-''O'O
1867 70 1872 lrclusvc.. ,7S5, Ts0. 900
ie5o tois92, inoiusi'o,.......,. =, s4,t4,i,tto
C&coss e production e. gqlG
Oyer silver from $50 tc l'f2, In.
7Gtnl rrrGactloni' 6f ,c!i from io"-'0'''
l7a2 @lsg2 iac!uai-c. .|..... | 49, C93. .GcS,c;O
e'ota lr r~Guct!cn Of silver from
lH2 to 1872 incluslvc......... .. 51otocl,cOo
Excess ,of rrcGuciion CT cold
l7o2 to IS92 .'..; ,,,,..,..s.,,.,.. s52s,SiIOoo
shows that from li!2 10 1850 tho
production ( silver vas about
double that cf geld tf9r O rnrt
&c this period, or rrior. to The
ircrcqee In the production
cf gold from Russia, the pro-
dnction Of silver Wn7 moro
than three tl-1cG that OF
rolG), yet with coircnc FREQ,
tro ratio Ct silver to gold
did net oharrc On tho other
hard, frcm 1870 to 1879 tho pro-
dmct!on e Gold exceeded That -.
And sin ,lcrc wr6 70 chnn~o;, 80 '@''''''
in The ratio, % all of both
metals v1s pbr"rlCl IN coin
,prr or used IN tho or;s.
Again, tho production cf silver
las slightly exceeded that Of
rold fror1 1873 70 1859, the cx-
cnas, however, hong but, 1900, ,JSs, ,CN0
liut with silver dcmcnctiZed.
chanCc In the ratio has CCrc
On IN Il has reached ehcut
n. eraln. Ec iore tho rrtlrc nc.
rod from 1870 Ia ig? tho rr9.
duc'icn rf rcld hGa exceeded
that Of silver Ey,,.,.,.,.,,, Isl, ,37l 2TS. .0co
Showing exclusively that It Is net
the excess OF silver production that hos