The Houma courier. (Houma, La.) 1878-1939, 1896-06-27
TERMS OF SUBSCRIPTION.
rlrr FrAsoNs Foa 4nEFREE o0IE
AeE or SILHER.

AGE OF SILVER.
Some folks have asked THE COURIER
how we would DO benefited by the free
coinage Of silver, When We remember
she era Of prosperity that the United
states enjoyed prior to 1873 when our
mints were open to the free coinage of
silver the question seems unnecessary
for free coinage of silver is not merely a
theoretical proposition but a tried and
established benefit. Aud it must have
been i popular idea for the greatest men
Of that day, including the most astute
and grandest statesman the Republican
party ever produced James G.. Blaine,
Denounced the decentralization of silver
as a crime, that only could have been
forced on the people of this great nation
BY triekery, deception and q resort toleft-
handed methods.
These are some Of the direct and indi-
rect benefits that will follow in the wake
Of free coinage Of silver.
10. 1t win put more primary money in
circulation and give us enough money to
carry on the business Of this country
both AZ home and abroad.
%. By increasing the circulation Of
primary money it will lower the rate IF
interest b~enefting every man whOhas to
borrow money, for the more money there
is IN circulation tie more there is to be.
loaned.out, and the less opportunity will
exist for usnry.
80. Il will not make a silver dollar
worth 80 cents as the opponents Of free
coinage Of silver claim, but it will bring
down the gold dollar from an exaggerated
~4corneredp value Of about 200 cents to
it's proper value of 100 cents; for the silver
IN a silver dollar is gauged by this gold
standard. As silver depreciates in pro-
portion to the appreciation in the gold
standard, so will the silver dollar appre-
ciate when the gold standard is brought
down. This is more readily understood
when we compare the two metals 10 a
measuring stick. If gold represented a
yard-stick of three feet and silver a
foot of that yard, and a change made in
the yard-stick making it six feet instead
of three feet without making a cores
ponding change in the former foot meas
ure, the old foot would be in reality only
six inches of the new yard stick.
AZ. 1t would enable the United States
TO pay her national debts in either silver or
gold and it would never be necessary for a
president to issue bonds to raise money to
cancel the governments obligation when
there is plenty Of money in the treasury
that could be used for this purpose. We
have seen enough Of this lately. We have
witnessed the strange and hnmiliatine
spectacle Of a government debasing and
d~ishonoring its own ~legalized currency.
So. Il would increase the price of all
Of our productions. Corn, sugar, rice,
POTATOES, %cntton, wheat and everything
We produce would advance in price; fol
money would be more plentiful, and ths
demand for our products depends more o.
less on the financial ability of the, con.
sumer to buy. A scarcity of primar,
money produces close markets, low pric'
products, and hard times.
60. 1t would better Our commercial
relations, with Russia, Mexico, Contra
America, South America and China-th,
silver standard countries for they woult
rather do business with q nation tina
gives silver its inst recognition than will
nations with asingle gold standard. W
would gain more bygaining the good vii
al those countries than we could possibll
lose by summisting to the dictates Q
gola-bug England
7o. We would have a dollar that will
NOT wear a yerg lie on its face, and there
fore W. would have more honest money
The United States now places it's staml
on a silver dollar and calls it 100 cent
when. measured by the gold standard !
only contains City cents worth Of silys