Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1896-10-23
FIFTY GOOD REASONS
WHY THE AMERICAN PEOPLE SHOULD
FAVOR FREE COINAGE,

The Busy Man Can. by Reading This, In
Ten Minutes See Why 1t Would Bene-
fit Him and the Whole Country to Re-
turn to the Money of the Constitution.
Mr. Eugene V. Brewster, in recent
communication addressed to the Brook
lyn Citizen, cites the following reasons
in favor Of free coinage:
1. Because all of the national parties
have declared i'll favor of bimetallism,
and not one favors the gold standard,
which we have today.
2. Because no voters ever yet voted
for the gold standard, and only those
who benefit by tho appreciation Of the
gold dollar favor 1t.
8. Because gold standard money is
dishonest and makes tho debtor pay
back dollar larger than the ono he
borrowed.
4. Because the gold dollar is appreci-
ating in value moro and more, making
debts harder and harder to pay.
8. Because the only objection yet
heard against bimetallism is. we are
not big and strong enough tohave 1t
without foreign aid. Can we not legis-
late for ours,lvesr
6. Because we can introduce bimetal-
lism without foreign help, for wo would
have with us 81 silver and bimetallio
countries, with population of $685.
900. 900.
z. Because We would have against
US only II gold countries, population
196, 900, 900, and about all Of those ex-
oept England would be glad to follow
our example
8. Because the average ratio in the
silver and bimetallic countries-viz,
Bolivia. Costa Rica, Guatemala, Hon.
duras, Nicaragua. Salvador, Colombia,
China, Ecuador. India, Mexico. Peru,
Russia, Tripoli. Argentine Republic,
Belgium, Chile, Cuba, France. Greece,
Haiti, Italy, Japan, Netherlands,
Spain, Switzerland and Venezuela-is
1917 to 1.
8. Because the very highest ratio Of
any country in tho world is Mexico.
16H to /.
10. Because if Mexico is q fair SAM
pie Of o silver country, Turkey is fair
sample Of gold country.
IL. Because, If everybody admits that
bimetallism is right, and the only OBJ
lection is that we cannot go 1t alone,
that objection is Overruled by the figures
given above.
10. Because there is no accumulation
Of silver anywhere in the world that
could flood US. And even if there were,
it would only give greater impetus to
our commerce, for every dollars worth
of silver brought here would represent
a dollar spent here among US. Our sill
yer dollars would not be taken abroad
again, but left here among US, thus CIV
ing us more money and greater business.
13. Because even If there were food
Of silver in Germany, Japan or any
where little diplomacy would prevent
its coming here. In the international
conference at Brussels all the great ma
tions except England were SO anxious to
have bimetallism that they offered not
to unload their silver on any nation that
introduced it.
IA. Because free coinage at 16 to
would create an unlimited demand for
silver and fix that price all over the
world.
Is. Because, If we said we would
take all the silver that comes at 10 to 1,
nobody would sell their silver for less
than that price, and then 16 ounces Of
silver would be worth 1 ounce Of gold
the world over.
10. Because the silver dollar would
then necessarily contain 100 cents
worth Of silver and be worth q dollar
everywhere.
II. Because that silver dollar would
be better dollar than the present silver
dollar. for this contains only 53 cents
worth Of silver.
Is. Because, if the present silver dol
lar is dishonest, it was the gold people
who made it SO by demonetizing silver
by tho "orime Of 1873"
10. Because the dollar under free
coinage would contain just so much sill
yer as the silver dollar today, and this
dollar buys 100 cents worth every day.
20. Because if the mine owner may
take SO cents worth Of silver to the
mints and get 100 cent dollar for it,
the laborer may do the same thing.
81. Because if the miner gets 100
cent dollar, then there is no such thing
as 53 cent dollars in circulation.
%. Because it is funny If the dollar
can be 100 cent dollar to the mine
owner and only q So cent dollar to the
laborer.
23. Because every dollar that gets in
circulation means the sale of some COM
modify or the installation Of capital in
business.
"a. Because FREQ coinage means ris-
ing prices.
26. Because rising prices mean more
profit in business and more new indus
tries and enterprises
26. Because more industries mean
more employment.
27. Because more employment means
lessening Of the supply Of labor.
%. Because more employment means
a greater demand for labor Thus by in
creasing the demand and lessening the
supply you raise wages.
30. Because free coinage means near
ly twice as much money in circulation,
and with an abundance Of money there
will be an abundance Of industries, fac
tories. mills and enterprises Of all kinds
in operation.
80. Because the employers, making
more sales and more profit, will pay
higher wages.
81. Because free coinage will make
the dollar nearly twice as easy to get.
thus making debts nearly twice as easy
to pay.
80. Because the gold people are dis
honest and refuse to print in their news
papers the silver side of the question,
while the silver people circulate the
New York Journal as campaign docu-
ment. and that paper prints the best ar