Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1896-08-10
IlrES G. BLAINE'S SILVER SPEECH.
.-unent OF the Man From Maine in Favor of a
Parity of the Metals - Some Dangers to Be
Avoided.

of silver bullion. and which defrauds the
man who is forced 90 take the dollar.
Ii assuredly follows that if we give free
coinage 20 this dollar OF inferior Nalue
and put il in circulation, we do so al
the exp nse of our DC Ter coinage in
gold: and unless We expect the invarla-
bic experience of other nations 10 ne IN
some mysterious way suspended for our
peculiar benefit. we inevitably lose our
gold coin. IL will flow out from us with
the certainty and force of the tides. Gold
has indeed remained with US IN con-
siderable amount during the circulation
of the inferior currency OF the legal ten
der: but that was because there were
two great uses reserved by law Cor gold
the COLLECTION of customs and the pay
men- of interest on the public dsbt
Blu, if the inferior silver coin is also TO
be- used for these TWO reserved purposes
then gold has no tie to bind il to us.
VIVA, gain. therefore. SHOULD we make
for the circulation medium, II on open
ing the gate of silver to flow in, We open
sJill wider gate for gold 10 flow cut?
II Z Were 10 venture upon a dictum on
the silver question: / should declare that
until Europe remonetizeS silver We can
not AFFORD TO coin a dollar as low as 4l2A
grains After Europe remOnetizes on
The old standard, we cannot afford 10
coin a dollar above 400 grains. If we
coin too low a dollar before general re-
m0ne,izati0n our gold will leave us. If
we coin TOO high dollar after general
reconciliation our silver will leave us
It is only an oQuated value before and
after general reconciliation that will
preserve both gold and silver for US.
The responsibility of re-establishing
silver in its ancient and honorable place
as money in Europe and America de,
wolves really upon the Congress Of the
United States. II we &C, here with
wisdom and frmness. we shall not only
successfully remoneuze silver, and bring
it into general use as money in our own
country. but the influence Of our eX-
ample will be potential among European
nations. with the possible exception OF
ENGLAND. Indeed. orr annual indebt-
ment 10 Europe IS 50 sI'i' ''''''' - ~
nave 'Ne r's"' 10 pay It, III So ~
necessarily Vo1.'9 ''ios9 i''','oi'@' - 49,
strongest Oh al Io'css' sen ~ -,
aid us in upbolding the value Of silver
us money D"' II we '''''',' p'eO '''1 ~, ~
H'Hs,.z",.on OH " o"S'S "'i''H - Wv
o's'y Oe'o" 'ne l"i' S''ii''''u " ''''9
~s 49,.
,.nSeQu enceS OF la-i"Ie @I HOuIe' anu 'D0
ra.nty Of successful opposition abroad.
t,-. ara anil shall ba the greatest pro
.,.... -, 49,, ,.,r,d or5 MA
va
save larger stake III us 0oIl p'e'e nun
a.llu0n than any othr country. The
-.rs-arca TO the United STATES. between
...,-,..,,-, ,,5 ,b. e,srara1
.srucIonOi sllFera as money IN 'he COIL
uarcial world. viii possibly within the
I newt barf-csr-rrv acnal ,be entire bond
- .,-l... - .,,.'.,.,,,, D,,+ 80 oar, tho
'''
alYan'ase. we must MAKE IL ac,udl mon
ey. tl accepted equal Of gold in the
-,,,,.--s ,s tho World Recommendation
,...., -, --.,,,.,o-i,o
t.-'- lo-'o"e" ~ " s0">i''
ton i'm Europe. will secure TO the united
States the most stable basis for It's cur
r.ro,- thar u-. bova over eniove1 and
"--' e-l1t-u''-'S ana III sol''ns an 'u'
problems by which our financial Sltua-
TON is surrounded.
Ou 'he H"CH IeAeu question Oh pI-
iAtld!-c Standard my own views ar+
>'H-c'vu'iS -Lu!cdled IN iAe remarks
ID" " N"""v' 4 DeneNe the struggle 10"
SUMS oH III '-iio country anu III o'hti
countries Tor single sold standard
would, IL successful produce disaster IN
me tud throughout the commercial
"ollu. ne destruction OF SILVER as
i1NirN' anu tle eS-a9ushmeGt or SOld
rs 'A- So.e unit OF value mus, nave
-u'AouS e4I'el upon a" forms OF proper
y except luose investments WhlcA y!eid
O. nae" leS,'lu III money; uese "ouiI
would gain a disproportionate. and
therefore unfair. advantage over every
other species of property If as he
most reliable statistics affirm there are
nearly seven thousand millions of coin
or bullion I'm the world NOT verv nm
EQUALLY divided befvaan ool5 and s;l,.ar
+, is impos,b'e ~ stril5e sl,'ar or 7,' 90
.x-,ence rs money without resnlte T w5ic "
Will prove Distressing ~ millions And
utterly disastrous TO tens Of thousands
Alexander Hamilton. in his able and in
vaIu9bla renort in 1-o1 or - -