New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-17

NEW-YC
lican party; tarff to protect American iaoor
and encourage home industry; pensions Tor the
veterans Of the war equal to the pledge OF the
Nation.
SOME SAVINGS BANK FIGURES,
A leaiet signed by William Hanhart assistant
controller Of the Emigrant Industrial savings
Bank CT New-York. reads as follows:
On January /. 1924, the savings banks in .h me
United States held s2olS.775F belonging 10 rhe hn
probably 10000 90 How would free-siver Dill
affect the position of these depositors the large ma
FORTY of whom are workngmen ana WORKING,
women whose deposits represent their total savinss
Sn said . Or o ss thdi O
ngs he has capital TO speak o. lbs ms NAY vsr
cbeap and where the savings OF tie toing masses
inconsiderable But II Is very diepen, "a th
speaking. are very we'll paid and they have say v,
ing capacitythat is yet hardly reazed uhnk e oi
by them It is than twice the debt OF d the
United States or parsSox Hoid al Silver banknotes
greenbacks. etc. at present IN crcuia''on a ,hr
money in old Stockings nor do they lend II to the
Government. as in France, but by ageresa.nS p ~,
m mo sSS and on public stocks issued for public
| improvements. whence II finds It's way DIN ~
Of the interest earned. This is truly an endless
| chain for the good OF all concerned
are really the heaviest creditors. They loan.
through their savings banks money TO the 11 1al
paies for carving on public d mp @ and hey
would be the first TO feel the eV eHecas ' os he
and unlimited coinage OF silver hTst pecau oss,i
loo ner cent .econdly because their wages would
Increase very slowly. as experience mas paoov ,r,
lated savings would be paid back to them In a de.
| preciated currency. worth much less IMAM ZIG
Ike the United States will knowingly with 1ts esoI
omen engage In such a dangerous experII,neISs
have faith in the sense Of those called iy Presdent
Lincoln The plain pe onTs and no doubt they will
assert themselves in November next
A CALI, FOR MEXICAN DOLLARS
Aside from these methods Of conveying Re
nublIcan truths to voters, the devices which are
| attracting attention as unusual in the conduct
! of a camuaien include the novel argument or
Mexican dollars used by employers TO pay
| wages These dollars can he bought for % cents
| here A sudden demand for them has arisen IN
| New-Orleans as a result OF their in'roouct'oh
| into the Presidential campaign. Ne"-orieanS
| is now shipping from 1000 to 5000 Mexican Sill
yer dollars daily TO other towns. 1t Is prooapiS
| the largest importation of Mexican dollars ever
| made to this country. The demand began ABOUT
two weeks ago. and has increased Win s'af ''ins
rapidity, to the complete confusion OF the Tres
oor. r,,tv money brokers who were at first I'M
| h,a 70 understand what It all meant. They dis
| covered finally what was going on-thal 'ie
| Mexican silver dollar is being used as cam
paign argument by the advocates Oh souiu
money. One firm which employed TINS mover ar
| ,rr,en+ Was r. g. II. Simon. silk manufacturers,
| Of Union Hill, Brooklyn. They paio Tue" 7oo
snn,oves last week in silver. When the en-
|
| tonished to find Mexican dollars. In each en-
| velone was a note which read as follows:
In order to illustrate to you more freely n gys a6o
in our payroll to-day Mexican silver dollars a o.rts
only as that is all they will pass for not benng
exchangeabe for gold dollars, as our silver oo''a'
Should we have free coinage of silver our silver vr
dollar ,S WIN M At Gnee d don contains
and could then be exchanged lor goo do TU
YET S YOU have eG any trouble in passing these Mexican
dollars will take them all OFF your hs So a d"
cents each ~ H. '
The employees had trouble in passing the DOL
lars OF free-silver Mexico. no Union Hill meT-
chant caring to accept them. The dollars served
their purpose and the firm redeemed them
ANOTHER WARNING EXAMPLE.
Another of the firms employing the Mexican
dollar argument is the Parry MANUFACTURING
Company, Of Indianapolis, manufacturers Oh
light vehicles. In paying the Mexican collars
70 their employees, the following letter accom-
panied the wages:
Dear Sir: This is what free coinage at 10 10
During the period you have been in the employ 10y,
ment OF the Parry Manufacturing Sompain ay a you
urday evening YOU would be pad IN dUii ,b
which will bring as much as ihe pest rs f. has
/ rl,ic iS
been the policy of the Government TO Keep AZ It's
dollars fIa si is pToposed it is That all the
ors of silver bullion shall have the privilege OF TAX
hayd to c I9e ln into doars free Of cost TO-DAY
the bullion in Of those Sivfr n uosiS the coun-
try viii fall to silver basis You vii be paid o IN
,boir billion is worth in the markets the chances
are that You will not get more dollars than now "a
grains he moro silver than the Tinted states silver
dollar which we also ncose yet whGn you cof or
calico for it, Why is this? Simply because Mexico
afo %5 ef % iree
pass The result Is that Mexico is on silver pass
and it's dollar is worth no more than the sN Wex
worth IN the mse, Ga Ss Soar !" woT'h
Under present system only as many s o g oI
lars coined as can be kept as good as s $
with the speculation market. the same as wheat or
We have no silver mines or bullion to be coined
into dollars At the err to1 silver
into dollars at our expense help us: Whenever
free coinage law shall be enacted we shall go 10
the cheap silver dollar basis. That dollar may be
worth SO cents or 70 cents 1t will never have the
nnrchase mower Of the dollar the company has paid
you all these years. We are certain OF that. ,oro
Why? Because 63267G0 ounces OF silver were
produced In 1873 and 65, 900 ounces In sso-Inore
than two and "a half times as much There was
over 100000 600 worth Of uncoined silver IN the
world in 1890 Consequently. under no circum-
stances can the silver dollar Of free coinage he
worth as much in the grocery or the dry goods
store as the dollar you now receive. -
With the example Of Mexico, you anord 20
favor the free coinage of silver-so positively
against your interests we'll az ours?
II YOU can't spend this Mexican dollar for the
value of 80 cents bring IT back 10 US and we VIII
give YOU 30 In gold United states Sill
yer in exchange. .
There is no politics in this: but simply matter