The weekly intelligencer. [volume] (Lexington, Mo.) 1891-1901, 1896-10-10

Z those minis ana nave 1t converted int
. coin, which would purchase cOmmodi
ties at the ratio of l5a of silver to l o.
gold. would. in orr opinion, be likely L
affect the price of silver in the market
g generally, whoever the purchaser anC
q for whatever country it was destined
g 1t would enable the seller 10 stand on
n FOR a price ap~prOXinating to tine lega
: ratio, and would tend 10 keep the mar.
e ket steady ut about that point"
4 No reasonable man ShOuld ask for any
3 more conclusive proof. Gold advO.
S Gates claim that gold is the only sound
money because ii tie coin is melted Oh
g mashed up, the metal in it is still worth
D as much as the coiH was, and that silver
dollars are unsound. because if melted
| or mashed up tho metal then will be
d, worth CAY 80 or j3 cents.
: Why is the meta! in the gold coin
., equal in value TO The coin? Simply be-
Cause, by the law OF England ever since
| 1871, the Bank of England is required
to pay affixed price for all gold bullion
, offered, and by Our laws aud those of
other nations free and unlimited coin
age is given to gold, and it is thus ell
2 dowed with money privileges and func-
tons.
Restore to silver free and unlimited
coinage equally with gold, and then sill
yer metal IN the dollar will be equal to
It's coinage value, just us gold is.
IheysridiCule our silver dollar and call
it a 53-cent dollar AID argue that with
free coinage OF silver our dollar will be
5O-cent dollars. This is a miserable sub
terfuge.to deceive and prejudice. Our
silver dollars, as have proved by Sec.
rotary Carlisle, are standard coins.
equallg-with gold, and are not redeema-
ble aid are as much lU0-ceDt dollars as
gold coins are: pay debts and purchase
property equally with gold.
So they Will continue to be with free
coinage. They then, as now, will be OF
the exact value given to them by law and
stamped upon their face for a legal tender
for thatssum for all debts and receivable
by thetgovernment for all dues at that
sum. II is the law giving them these
powers that now maintains and will with
free coinage maintain their equality with
gold. That Dimetallism as l have define
1t can be maintained, the republican par
ty admits in its platform, but denies that
we as q nation can maintain it without
the aid of leading commercial nations.
Then the maintenance of bimetallism is
only a question of power, pure and sim
Pile; power to create a demand for the
silver metal, which will absorb and take
all that may be offered, equally as gold is,
and maintain an approximate fixity in
their commercial values at their relative
ratios.
1t is not an experiment to be tried. We
maintained it from 1892 to 1873. France
did so from 1903 to 1873, while our ratio
placing a less value on silver metal from
1884 to 1878 gave her but little aid.
Have we as a nation, independently of
all others, the power to give by our laws
free and unlimited coinage to gold and
silver at 16 to / into our standar money,
and to maintain the so-called parity be-
tween them as coins and metals? / an
swer, yes; unquestionably. In natural
resources, advantages and isolation we
are not surpassed by any nation. We have
over II ,0G0, 900 OF the most intelligent, in
dustrious, upright and courageous citi-
zens on earth. Our wealth exceeds thai
of Great Britain by oUe-third, and Of
France by two-hfths; nearly double that
of Germany, and about equal to the COM
bined wealth OF Germany, Austria and
Spain. In the amount of business trans
acted, in the quantity and value of the
products of our farms, mines and manu-
factories we are far ahead OF any nation,
or even OF any two nations. We need and
can absorb and maintain a far greater
amount OF money than any three OF the
leading commercial nations.
Our demand for money will continue to
increase indefinitely with increase of
population, manufactures, and
business The power of a nation to affect
the demand for money of any given char
acter, as silver or gold, or both, is GER
tainly in exact proportion to the values OF
business its citizens transact.
Viewed from every standpoint, / cannot
question nor doubt our power as a nation /
TO do all that the Chicago platform
pledges us 20 do.
We appeal to republicans and populists
who favor silver 10 vote for Bryan and
Sewall, the earnest and reliable advocates
OF he policies Of the Chicago platform.
The democratic party iS the only one that
has survived II century of our constitu.
tional existence and all the storms ard
upheavR!S that have buried all others, and
has remained true to its cardinal prin-
cipleS auG as always supported our true
Constitutional bimetaIlic system. For
over go years of democratic -ascendaucy
our party kept cur mints open to the free
coinage Of both gold and silver on equal
terms. Since the characterization OF silver
in 1873, an overw helming majority OF our
party representatives in congress have
advocated and voted TO restore bimetaI-
lism in every Ongres except the fiIty-
third. In our national plt tforms we have
always declared for 1t. In 1880 we declar-
ed Tor "honest money, consisting of gold
and silver and paper, convertible into coin
on demand" Ia 1884 we declared: 1--WE
believe in honest money, the gold and
silver coinage of the constitution, and a
circulating medium convertible into such
money without loss" In 1855 we declared:
The democratic party OF the United
States in national convention assembled
renews the pledge of its fidelity to demo-
cratic faith, and reaflrms the platform
adopted by its representatives at the con-
veution of 1854" In 1892 we deelared:
1--WE hold To the use of both gold and
silver as the standard money of the
country, and to the coinage of both gold
and silver without discriminating against
either metal or Cuarge Tor mlutQge, but :
the dollar unit of coinage OF both metals
must be of equal intrinsic and exchange
able value, or to be adjusted through in
ternatlOnal agreement, or by such safe
guards of legislation as shall insure the
maintenance OF the parity OF the two
metals and the equal power of every
dollar at all times in the markets and in
the payment of debts, and we demand
that all paper currency shall be kept at
par with and redeemable i'll coin"
Our platform OF 1896 has already been
quoted, and declares for such legislation
as will necessarily accomplish everything
necessary to maintain the equality of gold
and silver as coins and metals. Our
party is organized in every state and
county, strong aud determined, and has
in it's ranks a much larger number OF the
true friends of bimetallism than any
other, and the only one with reasonable
prospect OF success. Come to us and
strengthen our ranks and cast your votes
for our nominees. We do not insist that
you shall declare yourselves democrats or
absolutely abandon your parties or even
renouuce your political names. We only
ask you votes to secure bimetallism.
Every objection urged against bimetal-
liSm Is based on an assertion, n fear,
dread, prediction. There is no substan-
tial foundation for any of them. There is
no danger in our bimetallic policy. l
assert as a fact clearly established by the
history and records of all the past ages
that gold and silver have never been and
cannot be produced at the mere will or
pleasure OF man in unlimited quantities
or in greater quantities han have been
and can be successfully used for indus
trial and monetary purposes. l challenge
anyone to show me in all tie
history OF the world any nation
which has ever had more gold and silver
coins of full weight and standard fineness
than it could beneficially use as money.
No such nation can be found. They have
never been found aud mined in unlimited
quantities like lead, iron, zinc or copper,
or any of the baser metals. Hence, from
time,immemorial they have been regarded
as the two precious metals.
There can be no Well-founded fear
because OF any great commercial nation
like the United States giving to them by
its own laws free and unlimited coinage
into Standard money at such a ratio as IS
to l or any other reasonable ratio. In
finite wisdom has SO distributed them in
the earth that they cannot be produced at
the pleasure of man nor in such guam
titles as will satisfy the desires OF the
people for them as money.
They have never yet been found in
inexhaustible quantity. They cannot be
mined beyond a certain depth into the
earth. All mining engineers agree on
this. When found, the mines are eX-
hausted in a comparatively short time.
Are we today an Independent nation?
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