The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-10-30

% over one hundred and fnrty.iiyc mil
Hon dollars, In $500, under tho OPERA
tons OF tho Mckinley bill, tho total rev.
cnnes OF the country Ind reached their
highest point, being over four hundred
and three billion dollars. The surplus
n thS treasury this year (lS9O) was oICr
Under the Wilson blu. In 1893. The *.
ceGa or revenue over expenditures fell 10
only a little over S3OOO,O0O. Since then
the expenditures have been lnrgely In
excess OF the revenue. In 1891, thu total
revenues have fallen on SIS, 097, 500 81, as
compared With the revenues o: the year
before, and the deficit was, rs per state
meht OF the treasury department. from
whence We derive. these figures. sos. SO3,-
.So bs ~ the end OF the last fiscal year,
tho denclt was s?j,9o3,2i1 10.
II waa the disastrous effect OF tho Will
son bill on tho business and prosperity
OF the country. md the full knoWiedgr
TINT protection had vlndIcnted itself,
which caused the party to hunt up a
new Issue, And this nlso explains the
true reason for BrSnn's clam-lik4 silence
on the protection tariff plank In tho Re-
publican pplltform, and tariff speeches
or his opponents In the field.
inc Democratic longing for new Is
sue and the cause OF Btyan's extraor-
binary antics arr plainly evident. A
rev words nv to The nov bait for entrAp-
PING the people and We win leave the
Intelligent reader to his own reflections.
The free coinage OF the silver OF the
world at the ratio OF iG to | IL the new
scheme for reaching the white house.
Bryan claims that all the country needs
10 make Il agnln prosperous is more
money. Mckinley truly claims that
there Is rs much nancy in circulation
now ns there ever waa. and that a re-
turn OF prosperity would only come with
return OF confidence; that We need
open mills instead OF open minis.
VIII the price OF corn or wheat, for In
stance, rise by producing larger crops?
VIII more silver money make better
money than we have now? Would not
the iaoorcr have TO work Just az hard IN
set II" Under q free coinage of silver
at l6 to !, silver dollar-at the present
price OF bulllon-would contain only
abIut half as much silver as It's face
value. and would b. rs certain to fluctu-
ate with the price OF bullion as that the
price OF wheat tluctuates with the de-
mnnd and the supply With the silver
bullion OF the world presented nj our
minis for free coinage, there Is no reaSnn
Tor believing that It would rise In price
Everyone knows that when the market
IS gIutted with a certain product. the
price invariably falls.
Turn for 4 moment TO Mexico, CEN
trai America, China and other silver
standard countries. Compare their
prosperity with our prosperity, under
the gold standard and n protective tariff,
Compare the condition OF their working
men with that OF ours. The silver stand
nrd countries have q per capita clrcuIa-
ZION OF about 81 90: the gold standard
Countries, SIS In Mexico Il Is s. 9J;.
Central America. 81 &c; China, 81 OS.
The per capita circulation OF the United
States IL $c4 25.
y gold dollar contains a dollars worth
OF gold. Melt 1t. and It is still worth n
dollar. Under our present standard.
me mlgntiest government on the face Of
the earth Is back OF our money. Il guar
antees that n silve. or paper dollar
shall be equal 10 n gold dollar In It's
purchasing power; and FOR that season
our money Is now received in uny coun-
try on the globe at its face value.
Under free coinage at l6 TO !. the gov
ernment's responsibility would end at
the mint. IL would certify TO the 1uau-
tity and quality OF tn. metal, and aftix
itS stamp, but Il would not. in fact, could
not. guarantee that 4 fifty-cent Dollar
would equal gold dollar. The result
would be that our silver money would
be rejected in the markets OF the world.
as no one would risk handling money
that was liable 10 firctuat.. In value
with the demand and the supply OF sill
Yer bullion.
When the silver mine owner is author
lied 10 take his bullion TO the United
States mint and have II coined free, re-
celvinS one dollar for every Nifty cents
worth OF silver, (Which wnuld be the
case under free coinage at 16 10 ~, we
VIII have In our midst one OF the most
gigantic trusts the world ever contained.
And vet Bryan pretends TO have an
especial hatred fnr trusts
First free trade and the Wilson bill:
now free silver! The people were badly
fooled in 1892: "a # possible for Bryan
and HIS supporters to fool them again
only four years later?
CHARLES II COZ