Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1896-09-13

may ~ -ontr" l-.t y law. but M:-..
ba'i money IS clothed with IN. fnnct "a
t., pay d"i,ts good money ietir-- fl"m
circulation and one al altlc = CT
c. mmotiitv % barter and sale.
W MONEY UNITS OF DIFFERENT VALUE
That b. tn geld and silver oins may
be used as money it is necessary that
they should lie equal intIinsically, |
coined OF quail terms and tf,at hot,
should possess the same l-gal-t-rd-r |
qualities. T. borrow again from the
silver speech of John P. Jones: 1T"
insure that b"Ih the precious metals
shall form the INGREDIENTS It money
il is essential that u" legal obstacle
shall be placed ia the way - voluntary |
use Of either; tina n equally with
the other shall bA n legal tender IT, al
unlimited aM"unt at a Gvantitive re-
latinn, fixed from time 70 time, in riew
of the past aud probable future ratio
of these metals"
THE GOLD AMI SILVER COINS ARE UNEQUAL
These parliamentary principles
maxims of mnney-are distinctly vio-
late'' in the coinage laws Of the Quilted
States. The god and silver coins are
not equally int:irsiraily hey are not
interchangeable: they are not equal
az instrualentalities for paying d+brs:
they have EoI equal access to the
Miuts. Gold alone has free coinage;
gold alone is a full tender for dett
Can these two kinds Of money, so diff
fereut in essential characteristics, cir
culat on equal terms? Can the adv
cares of the ''donble standard" hope TO
see a double standard prevail, when
the condition Indispensable t" its TX
instance are wanting? Can the advo-
Gates OF silver money hope to Sc it
Continued in USE without confirming
10 the law upon which its use as
money depends?
EFFECTS UPON SILVER MINING.
Now, what is the effect of this attempt
to c~outraveHe the laws OF nature-lh 5
defiance of the principle governing
the use Of money, this putting OF more
value in one kind Of money and less
in another, this giving Of free coinage
to one and denying it tc the other. this
giving o the unlimited power to pay
debts and denying it to the other-upon
the silver industry.
1t deminishes the quantity Of silver
coined into each dollar twenty per
cent it limits the number Of dollars
coined. dimlnishes the CONSUMPTION
and restricts the demand for silver
bullion, aud thus keeps down and
lowers the price Of silver; it prevents
the general use of silver as money,
robs it of the important function Of
measuring v~slues, and by restricting
the volume Of currency increases the
purchasing power OF gold ii degrades
, and disparages silver mo- ey, ard by
pntting public opinion against it and
creating distrust impaire its useful
) ness and depresses its value.
EVIL SUI
1t would be impossible to exaggar-
ate the evils resulting from the con-
traction of the money 10 circulation
by making gold the sole standard of
values, or to magnify the good that
would flow from the restoration Of sill
YER to its Just rank as nonev. Both
natural AMI artificial causes have re.
e Gently conspired to raise the value OF
s gold. AS already shown, its yield has
: diminished, its consumption increased
and its requirement rs money multi
5 Piled. By operation of the principles
g already stated its purchasing power
has advanced and values correspond
s lngly decreased. SO rapid, extreme
s and universal has been the shrinkage
s that depreciation in prices has con
y cial distress has ensued, merchant!
have been compelled to suspend, man
utacturers 10 close and furnaces t
q shut down; and commerce and agricul
d ture have shared the general prnstra,
tion. Hundreds of thousands of labor
e ers have teen thro~n out Of employ
V m"nt, and poverty, want and misery
Il with their attendant ills, brough
'e upOn many families.
Y The evils [ AVE mentioned are in
is creasing, and viii continue until tn,
o causes which produced them Ct ase t
y operate; until the coinage laws al
reformed, until gold and silver are it,
Il vested with equal value and equal OF
h Ioftunity.
l. THE EMEDY.
IF What, then, is the duty of Congress
.e and what attitude should the prodnC
IL ora .,f silver maintain in thii emel