The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1896-10-24

statesmen Of the country. They woula
have us believe what history does rcs
support-that gold and silver eniovsS
equal privileges In the mints of the
United States during all our history
stopping of the free coinage of silver I In
1873 was ''the crime of the century" and
Is the cause of the present deplorshia
business condition Of the country. Thsv
must know that prior to 1873 we hsx
less than 100000 Of silver dollars in
circulation. We have coined since that
time nearly SOC, 600, 900 of silver dollars.
rency Of the country. They do not tell
us that when the coinage of both gold
and silver was free in the United States
the per capita circulation In this country
was less than II has been since the go
called "crime Of 1873" Why, under
the free coinage of both. gold and silver
in the days of the fathers we had IN
1900 per capita of $3.50; in 1888 II
was $3.50; in 1862 it was $14.03; In 1870
before the resumption Of specie pay.
ments, and when we were doing business
with unlimited paper currency. Il was
$lS.19; in 1894, twenty-one years aftlr
the suspension of free coinage of silver.
we had per capita of s24.SS, and every
of the world. We have a greater Der
capita in the United States than has
the United Kingdom of Great Britain
and greater per capita than has Ger.
many. The per capita of the whole
world Is about $5.15. The per capita of
the per capita of the silver standard
countries-of which they want to make
us one-is about $3.50. Even in the
gold standard countries we have more
silver per capita than they have In the
silver countries of the world. The gold
standard countries, having popula-
ton of less than onethird Of the worlds
population, have nearly two-thirds of the
circulation of the worlds currency. The
United States has about 51a per cent of
the total population of the principal
countries of the world, yet it has
81 21-100 per cent. of the banking re-
sources and nearly 16 per cent. of the
has higher per capita than the United
States, but the banking deposits in the
United States are $77.76 per inhabitant,
or S43 greater for each inhabitant than
the banking deposits of France.
Per Capita Rate Would Decrease.
1T must never be forgotten that the
free coinage of silver at the ratio of 16 to
l would not increase, but would decrease
our per capita circulation. 1t would add
nothing to it, but would rob us of the
good money we now have and put us
w
are today-upon a silver basis alone
There is nothing in our present currency
status, therefore, to disturb us, EXCEPT
to defeat the party which proposes to de-
base it. 1t is the proposition to debase
our currency standard that has created
CONSERVATION in every business center Of
the country: has made times hard. has
driven money from active industry, and
put Ii behind barred doors, where il will
be kept until confidence is restored.
The people will not consent to a de-
crease of their circulating medium, nor q
debasement of that medium of exchange,
If by your votes this menace to the mon.
ey and credit of the country be dispeled,
and by the same votes you restore the
American protective policy. that will stop
deficiencies in the treasury, and will pro-
tect American industry, and courage
and confidence will come back again.
Open the mills, and the mines of our
country by judicious protective tariff
and you will stop idleness and distress
in the ranks of labor, and you can't stop
II in any other way. What will be the
voice of Maryland on the 3d day of No
yember? Cries of Mckinley, McKin-
ley.D What will be the voice of the
great city of Baltimore? (Cries of Nc
kinley.) How will that old conservative
city speak for national honor? (Cries of
BY voting for Mckinley and portec-
TOM
Il thank my old comrades of the war
for their presence here at my home to-
day. thank my fellow citizens Of every
vocation for having paid me this visit,
and d! beg to thank them in the name Of
the Republican party for their assur.
ances of loyal support to the principles Of
public honor. a protective tariff. sound
money, reciprocity. which will bring to
us, l trust and firmly believe. good times,
1892"