The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1896-09-19

w N.Y. my SOiuDuS ilienus hoN bhhH
YOU are. Can't you see IL America does
this thing IL will raise the price of silver
all over the world?"
Double il all over the world, will it?"
Because America says she will stamp
so cents worth of silver with her dollar
stamp, freely and unblushingly, are we
To understand that that will double the
commercial value of silver the world
over?"
"Of course II will. Can't you see it?"
Not exactly"
''Then the United States fixes the
prices for the world, does IL not? And
the worlds market is n myth, is IL?
Strange that you should admit it,"
"Then the American market Is the
worlds market, and because we have
the monumental nerve TO say TO the
world that so cents worth of silver
shall be a dollar, does that convert the
miserable lie into the sacred truth? No
not though sworn TO on sixteen TO
ore Bible"
Let us suggest, in all seriousness, that
II free coinage OF the white metal at the
ratio of sixteen 10 one prevail in this
country, we make this change in our
own silver dollar, to-wit:
Over the face Of the goddess OF liberty
we place a veil, and amend the motto so
that il shall read:
I'm God we trust-but the devil Is 10
pay"
The Bland law and the Sherman law
were paternalistic legislation, pure and
simple.
The owners OF the silver mines soid
then and say now, 10 the government
you must take care of our product
Silver says: Get down, Mr.. Govern
ment, and give me a boost"
The trouble is, the government has
boosted until II is well-nigh busted.
Why shall not the owners of iron, cop
per, wheat pumpkins, corn and hogs
claim the same assistance from the gov
} eminent.
, We have been silver silly.
In the same period we have coinet
) s625 5000 OF silver as against $626,00O,
900 Of gold.
How is IL with England, France ant
r Germany?
|
OF silver and $550,O00000 of gold
France, S402. zoo, 900 Of silver and $s25,
, 000,0 900 OF gold. Germany, $2i5, 100000
r in silver, and 1925, 600, 900 in gold. Rus
r STA has $4s 100000 in silver and $455,00
? in gold.
E Thus, you see, we have coined almos
' as much silver as the four principal ma
! tons across the Atlantic together.
1t is silver saturation.
: With no tariff on silver, and free coin
: age, where would we bring up2
q II was suicidal to leave the Sherman
law on the statute books, what shall W
b say to the proposition for the free COR
J. age OF silver? 1t is monetary madness
Under the operations of the Sherma
|. law, the government reeled and stag
G greed from excess Of silver on the M
! tional stomach. And the breezy PR
il scription of the free-coinage doctor
n is that the patient shall imbibe sti
d larger quantities of silver to recover h
l. equilibrium once more.
Drunk already.
s More of the same sort TO get sober.
n Grant everything that Mr.. Bryan an
+ his school say against single gol
( standard. Grant that the financial po
4 icy OF the gold countries is unreosoI
l. able, vile and contemplate. Grant a
n this and more.
Shall we insist that eight ounces Is
pound. even II we go to pieces in Il
r gale that fellows?
4 "Shall il be sixteen 70 one or bustY
II Great, glorious and rich, though tn
n country be. do you believe IL ought
)f stand the brunt Of and settle for u
financial cussedness of the rest OF Il
NJ world?
r Our greatest objection TO sixteen
10 one or bust" is that IL means the la
n ter unpleasant alternative.
IL means the retirement Of gold fro
our circulation. IL means silver mon
At metalIism.
er The advocates OF free coinage IN
pliedly admit that their infallible pa
o. acea will cause a financial conyulsio
lg and that gold will go glimmering.
IL They seem TO believe that the disea
r demands the dose
H. In our judgment, the dose is infinite
er worse than the disease
to In the end, the masses would sun
OF most
This Is the nvariable rule in periods
financial chaos. The capitalistic class
az can fortify themselves against the u
III certainties OF the future.
Not so the masses. Their power
resistance TO financial fury is at lo
al water mark.
The experience OF other natio
ed should not be ignored.
re Not many years ago Mexican SLY
dollars circulated at par in the Unit
tie States. They were accepted at 100 Ger
We everywhere. That was before Mex
ne married the free ard unlimited COMA
Ie- OF silver.
=" How IL II to-day? The Mexican d
AZ, lar. although full legal tender for