Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1896-10-29

FIFTY good REASONS
WHY THE AMERICAN PEG. lE SHOULD
FAVOR FREE COINAGE.

Mr.. Eugene V. Brewster, in a recent
communication addressed to the Brook
Iyn Citizen, cites the following reasons
in favor of free coinage:
/. Because all of the national parties
have declared in favor Of bimetallism,
and not one favors the gold standard,
which we have today.
g. Because no voters ever yet voted
for the gold standard, and only those
who benefit by tho appreciation Of the
gold dollar favor it
3. Because gold standard monty is
dishonest and makes the debtor pay
back dollar larger than tina one he
borrowed.
4 Because the gold dollar is appreci-
ating in valae more and mere, making
debts harder and harder to pay.
5. Because the only objection yet
heard against bimetaIhsm is, we are
not big and strong enough to hare it
without foreign aid. Ca'l we not legis-
late for ourselves?
8. Because we Cha introduce bimetal.
lism without foreign b clip, for we would
have with us 81 silvee and bimetallic
countries, with a population of $685.
100000.
/. Because are would have against
us only II gold Countries population
1876, 900, 900, and iIbout all OF those ex-
cept England world be glad to follow
tour example.
8. Because the average ratio in the
silver and lbim etallic uountries-viz,
Bolivia, Costa Rica, Guatemala, Hon
Gluras, NioaraP1a ia, Salvador, Colombia,
China, Ee1aGor, India, Mexico, Peru,
Russia, Tripoli, Argentine Republic,
Belgium, SOt lie, Cuba, FGanca, Greeco
Haiti, !Staly, Japan, Netherlands,
Spain, 'SwitLerland aald VoRezuela--is
l51& t5g.
8. Because the very highest ratio Of
any cotntry in the world is Mexico,
16H to /.
10. because if MexicolS a fair sam
pie oFsa silver country, Turkey is q fail
sample of q gold country.
II. Because, ifworybo6y admits that
bimdtallis:n ia right, and the only OBJ
jectisn is that we oannut go it alone,
thatAbieotion is Cw0rrulVl by thaihgurel
givnE above.
IL. Because thuo is,no accumulation
of silver anywhere in tho world thai
cou16 food us And, even if thGre were
it would only giFe'aj greater impetus t
Ourcommerce, fHr every dollar s worth
of silver brought here would E,epresen
a dollar spent hBZe among u.s. Our sill
vcrdollars woDld not be taken abroad
again, but left hereaamong us, thus Civ
ing rs more money and greater business
as. Because even If therewere a hooS
of silver in Germany, japan or any
where little Diplomacy would prevent
itsooming hera Ia the internation&
conference at ETuss9ls all the great ma
tons except England were SO anxious tt
have bimetsllsm that they offered 10
to unload tIb1i1 silver ON anynation that
introduced it.
q. Because freesoOinage st 16 to i
would create ,an unlimited demand fol
silver and fix that price ali over The
world.
IL. BecaEss, if we said we woTlt
take all the silver that comes at G to /,
nobody woulE sell.their silver fer les,
than that prize, and then Ii ounces ,o1
silEer would do worth ounce Of golt
thetworld OWE.
10. Because the silver dollar would
Their necessarily CnOntain 400 centG
worth Of silver and be worth dolll
everywhere.
~. BecauB fhat,nlver dollar would
be better dollar than the present silver
dollar, for this contains only 90 cents
worth Of silver
Is. Because if.ths present asilYerlIOl
lar r. dishonest. dt.wss the gold people
who made it aO by,demonetiZing eilvea
by the crime OF IaI5.
19 Because the dollar under fret
coinage would confirm just so much sil-
yer as the silver dollm today, and thii
dollar buys 100 cents worth every day.
90 Because if the anime owner may
take 50 cents worth of silver to the
minis and get a 10Ooent dollar for it,
the laborer may do the Same thing.
y. Because il tho miner gets LOO
cent dollar, then there is no such thing
rs h3Cent dollars III circulation.
20. Because it ia funny if the dollar
can no 100 cent dollar to the mine
Ownerand only u 50 cent dollar 10 the
laborer.
90. Because every dollar that gets in
circulation means the sale of some com.
modityrcr the Installation of capital in
business
"a. Because free coinage means ris-
ing prices
20. Because rising prices mean more
profit in.husinoss and mere new indus
tries and enterprises.
20. Because more industries mean
more employment.
q. Because mc-e employment means
a lessenirg of the supply of labor.
%. Beuausc moro employment means
n greater demand Tor labor. Thus by in
creasing the demand and lesscning the
supply you raise wages,
20. Because free coinage means near
~ twice az much money in circulation,
and with an abundance of money there
mill 30 NJ, q, t,,,,,g,,,o e