The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1896-10-31
FIFTY GOOD REASONS
WHY TIE AMERICAN PEOPLE sHotu n
FAVOR FREE COINAGE.

IN anu the mole Country to Re
turn to the Money of the Constitution
Mr.. Eugene V. Brewster, in a recen
communication addressed to the Brook
lyn Citizen, cites the following reason
in favor of free COINAGE:
]. Because all of the national nartie
have declared in favor Of bimetallism
and not one favors the gold standard
which we have today.
2. Because no voters ever vet voted
for the gold standard. and only those
who benefit by the appreciation of the
gold dollar favor it.
8. Because gold standard money is
dishonest and makes the debtor nav
back a dollar larger than the one he
borrowed.
4. Because the gold dollar is appreci-
atlng i'll value more and more, making
debts harder and harder to paw.
D. Because the only objection yet
heard against bimetallism is, we are
not big and strong enough to have it
without foreign aid. Can we not legis-
ate for ourselves?
+. Because We can introduce bimetal-
lism without foreign help, for we would
have with us ~ silver and bimetalIic
countries, with a population of $685.
600, 900.
Z. Because we would have against
us only II gold countries, population
196, 900, 600, and about all of those ex.
cept England would be glad to follow
our example.
3. Because the average ratio in the
silver and bimetallic countries-viz,
Bolivia, Costa RIGA, 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
15L to /.
8. Because the very highest ratio of
any country in tho world is Mexico,
1917 to l.
10. Because if Mexico is a fair sam
pie OF a silver country, Turkey is a fair
"AAP@S VI 6Olu SOttLtIy.
IL. Because, if everybody admits that
blmetallis:n is right, and the only OBJ
lection is that we cannot 60 it alone,
that objection is overruled by the figures
given above.
IL. Because there is no accumulation
OF silver anywhere in the world that
could flood us. And aver if there were.
it would only give a 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.
IL. Because even if there were a food
OF silver in Germany, Japan or any
where a little diplomacy would prevent
Its coming here. In the international
conference at Brussels all the great ma
lions except England were so anxious to
have bimetallism that they offered not
to unload their silver on n nation that
introduced it.
ID. Because free coinage at 16 to l
create all unlimited demand for
and fix that price all over the
Is. Because, if we said we would
take all the silver that comes at 16 to /,
nobody would sell their silver FIR less
than that price, and then 10 ounces of
would be worth l ounce of gold
the world over.
10. Because the silver dollar would
then necessarily contain 100 cents
of silver and be worth a dollar
everywhere.
II. Because that silver dollar would
a better dollar than the present silver
dollar, for this contains only 50 cents
worth of silver.
IL. Because, il the present silver dol
ar is dishonest, it was the gold people
who made it s. by demonetizing silver
by the ''crime of 1873"
10. Because the dollar under free
coinage would contain just SO much sill
yer as the silver dollar today, and this
lollar buys 100 cents worth every day.
20. Because if the mine owner may
axe 53 cents worth of silver to the
nlnts and get a 100 cent dollar for it,
he laborer may do the same thing.
81 Because if the miner gets a 100
'ent dollar, then there is no such thing
IS 90 cent dollars in circulation.
%. Because it is funny il the dollar
be a 100 cent dollar to the mine
'wner and only a SO cent dollar to the
aborer.
20. Because every dollar that gets in
means the sale of some com.
modify or the installation of capital in
business.
"a. Because free coinage means ris-
ng prices.
25. Because rising prices mean more
'rofit in business and more new indus
ries and enterprises.
26. Because more industries mean
employment.
~. Because more employment means
lessening of the supply of labor.
20. Because more employment means
greater demand for labor. Thus by in
reasing the demand and lessenine the
upply you raise wages,
80. Because free coinage means near.
twice as much money in circulation,
nd with an abundance of 0 there
Will be an abundance of industries, fac
cries, mills and enterprises of all kinds
n operation.
80. Because the employers, making
o-1 IL -.1