Fisherman & farmer. [volume] (Edenton, N.C.) 1887-19??, 1896-07-31
FREE COINAGE OF SILVER.
IT IS COMING IF CORRUPTION is
NOT STRONGER THAN THE
WILL OF THE PEOPLE.

ILL VI L III A~~A A~A~'
The Cincinnati Enquirer gives
the following as some OF the
things free coinage Of silver will
bring:
The free and unlimited coin
age Of silver means that neither
the president nor his secretary
of the treasury would be allowed
any longer to boycott the four
hundred and tWenty>eight mil
lions Of silver dollars now in ex-
istence. The power that could
re-establish silver coinage would
compel the use of silver with
gold in the redemption of green
backs. This would do away
with the false pretense that bonds
must be sold with which to buy
gold to redeem greenbacKs. 1t
would remove constant menace
by the gold gang that the legal
teuder quality shall be taken
away from the amount of silver
dollars now in existence. 1t
would add enough to the money
in circulation in the country each
year to keep pace with the ms
crease of population and the re-
| quirelnents for domestic eX>
change. 1t would make all the
silver bullion III the world worth
Just as much as though it was
coined into dollars. 1t would
stop greenbacks from being
presented at the treasury because
Heidelbach, Ickelheimer & Co.,,
aud the rest of the breed of gold
Ispeculators would be offered sill
yer when they demanded gold,
and they would not want it.
Free coinage would guarantee
the stability of the currency.
The grinding contraction now
going on would cease. The
borrowed surplus in the treasury
Of nearly s2oo,ooo,ooo would be
expended by grand public inn
proverents, including coast de-
fenses, and thus be restored to
circulation among the people.
1t would gradually raise the gen.
eral level Of prices.
The production of wheat and
other farm products would re-
sumo OIL the former scale. Manu-
facturers of every description
would no longer engage Ill a
mere hand to mouth production
but would manufacture for the
requirements of the coming year.
This would give work to those
now i'll distress, and would enable
laboring people themselves to
buy what they are now doing
without, under the harsh COM
pulsion of poverty. The com
1nerce between forty-hve States
would be resumed; railroads
would be taken out of the hands
Of receivers, because they could
again earn interest On their debts
and expenses and something
more. The occupation of the
panic maker would be gone.
With free coinage would come a
president and secretary of the
treasury who would not spend
half their time bawling to the
world that their government is
bankrupt and compelled to sell
its bonds at 20 per cent discount
from the interest rates Of the
world to enrich favorite syndi-
Gates for some unfatholnable
reason. Free coinage would
stop the borrowing Of money in
times of peace for the purpose OF
obtaining gold with which to
pay obligations not payable in
gold.
In brief, free coinage would
mean a back seat for syudicates
and their official Instruments
back seat for the bears of New
York stock markets and for the
pawnbrokers throughout the
country It would mean that
money would be more profitable
when invested in business enter
prises than when laid away in a
napkin to breed upon itself. It
would mean tair play among