The news boy., 1896-09-19
HE GETS MIXED.

4
woald drive the gold from this coun-
cry. AS reioinder we asked him II
he coald suggest any method by
which gold could be made to leave
this country faster than under the
existing gold standard, and ii it was
not aeavlng us about as fast as we
could borrow it back; and if it was
not owing to the fatherly protec-
tion (2) of Eastern and foreign money
changers that another bond issue has
been averted?
i To all these questions oarncighbor
finds no answer, but worms through
three-fourths Of column space In
which he tries to enlighten US upon
the tariff. To him the question OF
finance seems to be q matter of
little Importance. He don't like to
argue it. He prefers to tell us Of
the glorious protection of our farm
ers and producers. Although he did
not mention it, we are surprised that
he did not tell US that no Englishman
could ship wheat into this country
and come in competition with
American farmers without first pay
ing tariff of twenty cents per
bushel.
But Editor Rice did not dodge the
money question altogether. He
dwelt long enough to tell us that
there is no gold standard in this
country, in the sense which Mr. Haf-
ner uses it, for he meant single gold
standard. Will Bro. Rice please
explain what sort of gold standard
we have, if we have not single gold
standard? Is there any other meas
Gre ef values in existence? Does
not the Republican platform tell us
that "the existing gold standard
must be maintained p
"No party ever declared for gold
standard. shouts Editor Rice. That
is true-with the single exception of
the convention of national bankers
and Administrative cuckoos that as
semb!ed at indianapolis and nomi-
mated Palmer and Buckner. All
other declarations for gold have had
a string to them to the effect that
silver would be best for the country
provided we could coax England into
the notion. Your ST. Louis plat
form tells you that your party is CO.
ing to set up o nights in an attempt
to give US free coinage of silver by
international agreement. The
only material difference between
the ST. Louis and Chicago platforms
is the methods by which a restora-
tion Of silver is to be brought about.
The Democrats contend that we are
big enough and old enough to run
our own affairs, while the Republi-
cans contend that we dare not sneeze
unless England takes -sIusf.
Like all advocates OF the gold
standard, Editor Rice never "opens
his mouth without putting his foot
in it In his issue of September
10 he tells Us that +'the money re-
sHlting from the free and unlimited
coinage of silver would be coined for
the individual owner of the bullion.
without the faith of the government
behind it. ~
Well, well, Bro. Rice, it l1as al
ways been our impression that the
'4honest money advocates were
bent ON intrinsic" or bullion
value, and that they sneered at
faith, credit or fiat. 1t has al
ways been our opinion that they
wanted dollar so sound that you
could melt it and it would still be
worth dollar. And now you give
the whole snap away by preaching
the faith Of the government. "
Possibly you do not understand.
We will explain. You admit that
our present silver dollar is worth
fifty cents when melted. In an issue
of the Capital, about three weeks
ago, you said:
LESS than twenty-five foreigners,
principally English, own all the sill
yer mines in America. Free coinage
doubles the value of their property
while it impoverishes the laborer
and does not put dollar into the
treasury.
Now, Bro. Rice, we are not going
to be hard on you, but it is informa-
tion we are after. We want to know
how ''free coinage doubles the value
of their property (silver) unless it
doublesihe intrinsic Or bullion value
of the silver dollar And if free
coinage doubles the intrinsic or bull
lion value of the silver dollar, then
why the necessity OF the faith of
the government behind it ?"
Answer the two proceeding ques-
tions, Bro. Rice, and we will excuse
you if you ignore the remainder of
our article