The citizen. (Frederick City, Md.) 1895-1923, 1896-10-30

esaI psiee II tie metal il dollar was
1EO 6snts and THO ns5Iss more than
dollar IL gid. and ~ al times from
1sS7 ~ 1873 Commanded = premium
0veg gid u from usilIs u esnte and
two n1iIls. varying il pgSes ~ different
fesi0d.. tie premium 61e<uztisg from
z mills 70 z cents aud tor-e DIlss II
two successive yeSKe without any nzon-
etsFg disturbance oK arrangement u
the pgse< levels - CON- nsOcIilee-
From I'D 10 $50 the ratio between
the metals vas al % tine Iess than
I5gSz ~ / and that Za@ IN the years
zksove mentioned and ssOO5 sE high as
1916 u ia leZI; II $50, 15y5Z ~ ], and
ranging from l5.6z ~ 1886 up and
down during tfJis period, and thu price
d silver wzs often two cents less than
IN 1873 aCf a nunDeT " SUCCESS ye years.
Why did Mt the nations get nervous
tben2 The answer Il easy. The world
wzs not then staggering under q
uDountsfn II oebts Morton PreTon
puts il ~ S150, ~, ~, 90 10 the money
kings; there were no stDpendoE1s In1i-
vl0uzl fortunes ~ be made b the DE-
pneclatIOn u cDDmodit5es and alspre-
citation u money and credits, and as
national monetary syeteD il Tas per-
tecsiy satLsfsctosy, equitable and just
" Ill elzs.e3: - much fgT the great de-
cline IL the .siue II silver Is7Z How
a1Iyot the PRODUCTION If silver Prom
1910 10 1870 the average percentage Cf
silver produced In the world was Ri,
II gold 70J5; from 1870 1875, silver 3l>5,
god Isl slight iDcfezse If silver in
tie second period tut considerable
ezcess Of gold. more than twice a.
much gid a. silver. DID that make
the nations nervous gith fear 81
deiuge with silver?
The wOrld's product If gold from
1910 ~ 1870 vas &, SIS. "a, 90. If silver
81. ~ III. 90 asso from 1870 " 1870.
god S577, -. 90, silver $40 81, 90.
nearls oDe-nfth less Of silver.
The gold and silver money in the
principal countries II the world u 81,
lksss 5O0,OD0 gold, and 81 90, 5O0,0D0 sil-
yer, OILS 81, 70o, go more ~ silver than
GOLD. There are many individuals no
OHn moe than the difference. And
when all silver and gold produced by
the ~ori0 in so years l. taken into sc-
count the ratio il Is 8 to ]. yet they
cay the ratio IL 81 u / and call the dol
ar . 52-ceBt dollar, q cheat and s~iD-
Z. and that it, superabundance makes
IL cbeap.
When the Indian mint was closed II
1893 ~ Coinage on private account ei3-
yer drOlped u per cent. IN less than
month aud everything else dropped.
After the repeal Of the urshasing
clause in the Sherman Act Il dropped
furth her down and commodities Kept il
company.
Dos this prove that the disuse Of the
0etals az money made il cheap Or
rather made gold dear?
The rankest proposition yet, il adj
vanced BY BoOrke Cochran in his re-
cent speech, when he said he could
take SO gold piece and defy al the
nations Oh earth tn defy IT. value i've
cents. The Lord forbid that Boufke
should order our monetary system IN
I'll he has become a postgraduate oftne
Kindergarten. II all nations Of the
earth demoDesize gold his SO would
not be worth cents In value a. rnOuey
and there would not be gold bug in
the whole world but the man taxing
the flag cure Bourke's effu-ion rolled
% IN majestic periods. burst into surg
Ing pillows Of patriotic gusb, eloquent
burst " empty yeFDceiGy, void Of rFa<
son ox truth. lie assembled ParDaseaas
and ffk&c1t1 high heavens il irrIdee-
cent scrolls. bending The rainbow q
pfx,snIse - the hope-and grooming :
fneiiif'n01s dIEee 81 &ifou 10 the ear ~
wages His D4EIIoS wa1 touching; il
vent STRAIGHT 10 tho hearts Of such
horny handed sons o. foiI - Belmont
an1 MofNan.
Poor aid horribly wroneed BANKERS
ard money changers ~epf and even
John 81Ii'& frame snDok with sup
dressed emotion