People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1896-09-10

ing five dollars
1T will be noticed that the weight
Of the silver halt dollar was 1872 grains.
Two half dollars would take only 3S4
grains of standard silver. Yet the
law still required 4l2! grains of the
same silver to 20 into a silver dollar.
Consequently, while 1880 grains Of
standard silver would produce only
800 in silver dollars, it would turn
out SlO7.4 AZ in subsidiary coin. Hence
the law of 1853 contained a provision
limiting the coinage of these light
weight coins to the bullion purchased
by the government, while silver dol
lars of 4l2! grains continued to be
coined for individual depositOrs; but
individual depOsitOrS could not have
their bullion cOiLed into halves, quar-.
terS or dimes. 1t need not be stated
that under this law the government
minted its 500 wOrrh of bullion into
Sl07.42 of subsidiary coin instead of
into 100 silver dollars. AND HERE
MAY BE FOUND ANOTHER M
PORTAN y FACTOR IN KEEPING
DOWN THE NUMBER OF Sill
YER DOLLARS COINED PRIOR
TO 1860 OR 1873.
Moreover. the coinage of gold dol.
lars, each to be OF THE VALUE Of
one dollar or unit, was provided for
by the act of March 3, 1919, so that
this new coin supplied the place Of the
silver dollar in business transactions,
Then no campaign was on hand.
He was then doing business under the
Minneapolis inscription that "the
Republican party was from tradition
and interest in favor Of bimetallism, .
with strong hopes that the party
would declare for free silver at its
next national convention. He want,
ed to honestly educate the people
then. Now he tries to deceive them
Hear him conclude his wise editorial
from which we have extracted quite
literally above.
People in this country believe We
have sick monetary system on Our
hands; each voter proposes to admin
lister his little dose of medicine to il
in his party councils or at the ballot
box. Let US first try, conscientiouSly
and without passion or prejudice, tt
learn what caused the illness anC
what is now the matter with the
patient. We will then be in better
position to administer medicine thai
will cure rather than kill"
A great many people in Sumner
county have learned from his owl
teaching what caused the illness
and what is now the matter with tn,
patient" and his present crawfshin,
and deception will not prevent then
from administering their little dos,
at the ballot box"
-
In the issue Of May 10, the leadin,
article on his editorial page, Ito whicl
preference was given over his own ed
itOrialSl is an editorial from the Kan
saS City Journal headej Where sill
yer was stabbed" 1t cites the de
mOnetizatiOn Of gold in Germany
Belgium, Portugal and Holland afte
the discovery Of that metal in Cali
fornia and Australia, when gold be
came the cheaper metal. German
received 81, ,O63, 600, 900 gold indemnit,
from France as a result Of the Franco
PruSsian war, and demonetized silve
converting one billion four hundre,
million marks in silver into commod
ity. A contrast is then drawn be
tween France under bimetallism, ant
Germany under gold monOme etallism
in which it is shown that France ha
accumulated three hundred and flft,
million dollars 10 gold, while Ger
many has only one hundred ant
eighty-fve millions and German
having France for an object lesson i
striving for bimetallism. The articl
concludes thus;
"The way seems to be very plail
for US. We must have free coinage
Germany will fall into line, but W,
should not wait for other nations
England will never give her consent
her interest will not permit her. He
own Gladstone admits that it wOult
be to the interest OF the world outsid
Of England to have silver for money
but it would cause a small loss {,
England. Why should we suffer Il
save England a loss Of a few million
| pOuuhoi vi, 40 OiduoOOuC puUo ~, ulb
or an hundred million. Has not thi
country already lost from ten u
twenty times these sums? We mus
shape our own financial policy to sui
our own conditions il we care for on
own well being. God has given u
both gold and silver. Let US us
them both for money as all the wOrlC
has ever done except England"
Since the St. Louis convention tn,
Kansas City Journal has faced abou
and is now advocating the existln
gold standard, as its prototype tn
Wellington Daily Mail.
-
/ The next article in this same isSu
is one from the same paper showin
the affinity between the worl
prices of silver and wheat aid cottor
This article concludes as follows:
"At the same time this has bee