Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1896-10-18
GEN. P0UJADE'S VIEWS.
HE COMES OUT SQUARELY
FOR SILVER AND BRYAN.
A Strong Argument for Bin,etaI.
ism by a Silver Republican.

ism by a Silver Republican.
Money is the issue. The St. Louis
platform and candidate depart 80 far
from the principles Of repn%blicanism,
in this, that merely the empty name
remains The practical tendency of
the financial plank is to make gold
me only money. The vision OF an Gin
ternational agreement as to silver
money OF interchange, coexisting with
q tariff imposed by one nation upon
that money Of Interchange is ridicu-
lous
One able gold orator whose keen sense
Of humor would Lot permit him even
to refer to this idea (Which if carried
out will be a highly practical joke 90
AmericaDs) discards the pretence, and
speaks OF money tgoldl as something
greater than man, beyond he power
of the human race,'-A part Of nature
Natural money is a contradictory
term. The most print i've people, so
presumably the most natural, have no
money. The frs ~nol ely # the earlier
jewellers on lhe sea-shore was usually
shells. Money is artificial. The best
money, perhaps ~unknownt t. Us now,
will be the product Of the highes' civil
ization. OF ne Substances that nos
seem specially adapted 10 use as money,
silver is not l. ferior to gold. II was
money at least as early as gid, and is
>..-, ~r =, - - li,ar ~ Nat
laws, over a large portion of the earth.
Hundreds Of millions of people know
no other ''money Of redemntion' than
silver. Gold has nearly ell Of its value
simply because it il treated as money,
Let the United States, France, Ger
many, Italy. Russia, Austria and
Great Britain with her dependencies,
declare by law that gold should mo-
be legal tender, and it would sell very
cheap. The value woul! probably be
less than that of silver; ecaus 1t is
not useful to man for so many pur-
poses as is silver.
Those gold men who are not idola-
tors lit seems that the Great IconO-
clast" has found "A deity acknuw
ledge that supply and demand regu-
late values. The supply of gold is
! irregular, like that of silver. If it
. prove true as predicted, that free sill
f yer coinage will drive gold out of the
country" there will be about fifteen
per cent. more gold thereby added to
the gold of god standard countries
t According to the gold mans reason
ing this should decrease the value of
gold in Europe by fifteen per cen
] Then the annual product OF gold
amounting to, say six ger cent. on the
total amount known to be in the hands
5 Of men. less say II per cent. for at
rasion and losses, would in twenty
years double the worlds gold. But as
the ratio of increase is itself growing
higher, it seems more probable thai
in twenty years there will be three
times as much gold as now? Indica.
tions point to a far greater increase
Is it claimed that. o-her things no
changing in quantity pr~oportionally
7 there will still be some magical quail
ity in the natural money" gold
that will cause one ounce Of gold ther
to buy as much of other things a Cd,
ounce Of gold buys now. No. Thi:
al would seem too simple for argument
l. were it not that whole pages Of grea
newspapers are daily given to repro
5 ductions of arguments Of noted mel
l against these truths,
g The supply Of gold is increasing
he and will continue to increase. Will
i the decrease in the value of gold ma,
3 be going on, another change may oc
&c cur. If the United States shOui'
y adopt free coinage of silver, we could
it if We desired. coin rapidly 1t woul,
y. be mer, ~ a matter Of men, machin
cry and supply Of metal We hav
the men and could make the machin
cry to coin a billion dollars a veal
n, We need much more metallic none
lie also. We ought, under the financia
to | views now prevailing, to abolish a
paper money except that based o
metals. The wealth OF the patton i
valued at siXty-fve billion dollar:
not counting money-sixty-tive time
AS much as it vas sixty-tive years age
a. when it was only one billion On
IN internal commerce has increased i
= proportion, and demands a propo,
tional increase in money. Larg
commercial transactions, on an avel
age, involve the actual exchange c
money to much less than ten per cen
er Of their amount There is not nearl
Ell enough money to do business 0