The Dalles times-mountaineer. [volume] (The Dalles, Or.) 1882-1904, 1896-09-19

this hour there never q moment wher
the silver dollar was the actual stand
ard. The old dollar of the daddies
''served the people well," says "Pas
CAL" 1t did, that is, if the people are
"well served" by dollar that they
never saw; by dollar that never was
in circulation. 1t served them so
''well" that less than one million and
a half OF them were coined from the
establishment of the mint till 1897. 1t
served them so we'll that they could
| not possibly be kept in circulation
after this latter date. II served them
so "well" that at various times from
1898, the government was obliged to
resort to the eXpedient of making
foreign silver coins a legal tender to
take their place. 1t served them so
well" that only little over eight
millions of them were coined in 81
years, to be exported or melted as fast
as they appeared, while more than 80
times that amount of Bland dollars
have been coined and put in circu-
lation, either as coin or paper repre-
sentatives, since silver was ''struck
down" and "demonetized" in 1873.
the most marvellous striking down of
any metal that has ever occurred since
the world began! deny that gold
has appreciated in value since 1873,
but. however that may be, reject
"Pascal's' proof as the baseless
creation of populist fancy.
Where did Pascal learn that when
France, the other members of the Latin
Union and India stopped the coinage
OF silver, except on government &C.
count, an extraordinary demand for
gold was created 'by such country"
requiring gold to maintain its credit |
money. l had supposed that the Latin
Union never lost their gold, that, IN |
fact, the Union was formed and main |
tained for that purpose.
When did any of these countries buy |
gold to any extraordinary amount, for
the purpose alleged? And when, pray, |
did India begin to buy gold for the
same purpose? Germany certainly
bought largely after she stopped the
free coinage of silver-not in 1873,
after we did," as Pascal says, but in
1871, two years before we did. And
Germany has thrown upon the market,
Turing the last 20 odd years, over $780,
700, 900 worth of silver, sum which,
tdded to the greatly increased output
If the world, is sufficient to account
or much of the depreciation in the
price of silver, without inventing the
heory that gold has doubled in value.
3at suppose 1t has doubled? Your
,heap dollar has no attraction for me.
have nothing to sell but my labor.
f the gold dollar, or gold standard
lollar, is dear dollar like it all the
,etter. There never was a dollar
olned that was too good for a poor
nan. rrove that the dollar l now re-
eive for my labor is dear dollar, "a
,old bug dollar" "Rothschild- Nor
,an syndicate" dollar, if you will, you
My prove it is better than the one 1
sed to get. Can you ask me, do you
are to ask me to vote to cut this dollar
n two? 1 won't do do it! I should be
1ade to do it. Give me and all other
the dollar we now have
nd chance to earn it; give us, in a
'ord, Mckinley protection and Nc
-inley wages and in less than six
lonths the alluring but thoroughly
elusive popocratic bait of free silver
ill have as little attraction for the
Lboring masses as the old democratic
zee trade bait of four years ago has
,r them now, -. HUGH GoURLAY.