The new dominion. [volume] (Morgantown, W. Va.) 1876-1904, 1896-09-12
BIMETALLISM .


yer ana DimetdllSm!
A. Because it will nearly double
the amount Of the metallic money OF
the United States; and will bring gold
and silver to a parity with each other,
and make both kinds Of money equal
ly good.
2. How and when was silver de-
mOnetized?
A. BY the Act of Congress of 1873,
and subsequent acts, and the unjust
practice OF our government in first re-
fusing to permit silver to be coined.
and secondly by refusing it legal ten
der functions-third by declaring that
all the debts OF the government should
be paid in gold alone; thus destroying
the demand for silver coin, and last
Of all by refusing it circulation: but
kept silver coin and silver bullion
locked up in the government vaults.
3. Why was this done?
A. To make a larger demand for
gold, and thus make gold more yalua-
Bile, and silver less so.
4. What effect has that had on the
condition or prosperity Of the common
people, that is to say OF the farmers
and common laborers OF this country?
A. 1t has not only made money
scarce; and hard to get by the com
mon people; but has caused gold to
appreciate or increase in value, until
it is now worth, in fact, about twice
its face value.
5. How do you make that to APP
lpear?
A. BY the facts that the scarcity
SO made Of money caused the price OF
property to greatly decrease, while the
gold dollar or its purchasing power to
greatly increase, so that it will now
buy twice as much property as before.
6. What then has made such hard
times among the people all over this
great country; although the farmers
raise bountiful crops, and laborers are
crying for work?
/ A. 1t is because those who would
purchase your crops or other property,
can't get the money to purchase it
with, or hire laborers with unless at
greatly reduced prices, if at all: and
for this reason laborers can't get en-
ployment at remuneratiye wages, and
can't live as they should: and farmers
can't pay their debts, or purchase for
the next crop, but are compelled to
again renew or increase their mortga-
ges on their farms-When money be-
comes scarce, and hard to get, the
price Of every kind of property as well
as labor goes down; and the necessi-
ties of the people compel them to take
whatever price they can get, be IL
much or little; for they must live.
I. Who is ready to say that he
don't need more money to carry on his
business, and to pay his taxes and
debts?
A. Not one-then let US ask you
to aid us in unlocking the hundreds
of millions now kept locked up in the
government banks and refused to be
paid out in the payment of the gov
ernment's debts and thus put in cir
culation among the people.
s. But what will we do when all
the silver, both in bullion and coin,
now in the vaults is paid out and put
in circulation?
A. Our platform answers this ques-
tion-We propose that the gold and
silver mines of this country, which
the Great God has put in the earth for
our use, should be utilized, by allow
ing that any person or persons having,
or owning any such bullion, may take
it to the government minis or to any
of them, and have it coined into coins
of the same flneness and weight as
now, or as hereafter may be prescrib-
ed by law; and that it shall be the
duty Of the United States minis to
coin the said bullion, be 1t silver or
gold, into such coins as prescribed by
law: and after deducting reasonable
compensation for such mintage, deliv-
er the residue of the coin so made to
the person who deposited it at the
mint, or his order; minting and coin
ing such money, in every respect, ex-
actly like other coins of the same size
or sizes, minted by the government:
and containing the same superscrip-
tions, and no more; and all such coins
shall be legal tender in the payment
of all debts public or private, so that
such coins whether gold or silver, will
be as good and as valuable as any 9th
er such like coins hereafter made by
the United States, and not distin-
guishable from them.
8. But what will the owners of
such coins so receiving it from the
minis, do with it after they receive
| it?
A. They will hardly give it away;
but will pay 1t out to others just as he
or they would similar coins hereafter
made.
10. But why will this be any bet
ter; or any more likely to put said
coins so minted into circulation among
the people than to let the government
retain it in its treasury?
A. In the first place it will be an
advantage to the government, in re-
lieving it of the necessity of purchas-
ing said bullion, and at the same time,
the better enable 1t to pay its debts
| already contracted. In the second
place the government now being the
enemy of silver will make no effort to
| put it in circulation, but may keep it
also, locked up: while the owners of
such coin, and friends of silver, will
be interested in getting such coin in
to circulation, in the payment of
debts, purchasing and paying for prop
erty or real personal; and to enable
him or them to continue the opera
tion of his mines, and we might say,
relieve humanity from its present en-
thraldom.
IL. But who is to be responsible
for such coin or its circulation, or re-
demption?
A. No one will be responsible for
such coins, except the government, so
far as to see that it is properly minted
or coined; and has the proper amount
of silver or gold, and alloy in each
coin; for that is the duty under the
law, of the mint, and who is paid for
the minting, and must see to it, that !
it is lawfully done-Neither the gov
eminent or any one else, either guar
antee or undertake to redeem either
gold or silver coin, both are primary
money and belong to the one in whose
pocket or Golfer the same may be found |
for the time being, and now need a |
redeemer because they are money
primary money, and not mere promis- |
es to pay money for them as all green
backs and all paper money, so called, |
they, must be redeemed in lawful
money
IL. How will bimetalism properly |
executed, affect the United States
government financially?
A. 1t will give the government,
twice as much money to pay its debts
with, as with gold alone; and of the
same kind it promised to pay its debts
with; and thereby, enable it to prop