The record-union., 1896-07-07
heat grower of those countries.


What would it avail our great wage
class if the Government operated the
Mints night and day in turning out sill
yer dollars if there was nothing to pre-
vent foreign labor supplying our mar
kets with goods and wares and thus de-
troying all opportunity to secure work?
would they have any more dollars if
our industries were closed and them
selves out of employment than they
would with steady work and the Mints
partially closed against silver? What
would it avail our merchants to have
unlimited silver coinage if their Gus
toners were driven out of employment
by workingmen who work and spend
their wages in other countries? What
would it avail our wool growers to have
fl ee and unlimited coinage of silver un-
der free trade? Would not our wooden
mills draw their raw material from Aus
tralia and other foreiSn sheep-raising
countries unless American wool growers
would accept the low price prevailing
in those foreign markets? What would
free coinage avail any of our industrial
class if pee trade obliged our factories
and furnaces and mills to close down or
and Asia and the Latin American
States? Surely this is an aspect of the
political situation the people should
analyze pretty thoroughly before form
ing a copartnership.
WHY NOT PIG IRON?
Marysville Democrat: There are many
wise men and several newspap pers in
this country who have announced that
they favor a law that viii permit Of
the free and unlimited coinage of silver
at the ratio of 16 to 1, and that without
awaiting the action of other nations.
In other words, they would have the
Congress authorize the coinage of sill
YER by the mintS of the United States
for any and all persons without ex-
pense to the owners of tht bullion This
of itself would not be SO bad in it's eff
feet upon the business interests of the
country, if it was to end with this me-
chanical work. But these patriotic
citizens and live journals demand that
sixty-two cents worth of silver bullion
shall bear the stamp of the United
States on the face and the words one
dollar, which coins they declare would
then be as good as gold If this be
if extended to other metals of this
country's production. The owners of
copper mines in Michigan and other
States and those who own thousands of
acres in Pennsylvania which produce a
splendid quality of pig iron have the
same right to demand recognition at
the mints that the owners of silver
mines have. Why, then, should not the
people Of the iron-prOducing States or
ganize a new party and come to the
fore with a demand that Uncle Sam
place his stamp on a lump of pig iron?
IT the demand of Stewart, Teller & Co.
is correct, then the people of Pennsyl-
vania would be justified in shouting for
pig iron at IS to L. But these learned
statesmen and live journals undoubt-
edly would declare that to coin iron
into money would be absurd, yet his
tory tells us that it makes a very dur
able circulating medium. The most
powerful nation on earth in numbers.
the Chinese, have for many years
coined iron into money, and there are
numerous specimens of 1t to be found
among Chinese residents in every cityin
California. At the wages paid in the
person to carry home his earnings in
his pocket. but if the same standard
should be adopted here a good mechanic
would require a wheelbarrow to get
away with his days pay, provided this
kind of craftsmanship did not knock
the bottom out of the labor market
CHATTER.
Stockton Independent: There is a vast
amount of mere chatter about true BIZ
metallism, as if there was = some
thing sacred about the nebulous
dogma. Americans should give
no heed to the theory, but confine
their efforts to the money of their own
country. If the protective tariff is re-
stored the idle millions will resume
work and the idle dollars will resume
circulation, and circulate SO rapidly
that people will see that there is plenty
of money in existence. The only trouble
is that it is not in circulation, and will
not be until protection makes circula-
ton safe for it,
THE NOTABLE BOLT.
San Diego Union: The most notable
bolt of the year, however, will be the
popular one. 1t will manifest itself at the
polls. There are thousands of Demo-
Gratis who may differ from their party
or agree with it on the money question,
but will refuse to follow it further in
the disasters that have marched in it's
train for the last four years. AS all
men love good times rather than hard
times, these thousands of Democrats will
forget past party Affiliations and the
present squabble over the money ques-
tion and vote for Mckinley as the ad-
vance agent of protection and prosper
ity. They wanted a change in 1892,
and they got it in the shape of a finan-
cial earthquake followed by months of
commercial dog-days. These Demo-
Gratis are even more urgent for change
now than they were then, and they
want it so badly that thousands of
them will bolt their party and never re-
turn to it.
A CURIOUS SPECTACLE.
Oakland Enquirer: The vehemence
shown by certain. members and ex-
members of Congress in disclaiming all
knowledge as to the provisions of the
Coinage Act of 1873, labeled by those
remarkable people, the Populists, THE
Crime of '73,' is a severe reflection up