The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1896-01-31
cARLISLE's WISDOM.
SUDDENLY SEES THAT SiLVEH
NEVER WAS GOOD MONEY.
The Man Whe, when Ne W.
va the Greatest Champion 81 -
white Mstal. sees Nsv Laghs-ss
Io~h Paper Scores Him.

II was at and proper, perhaps. toT
the Kentucky Democrat Who 10 n tns
head Of the treasury department under
the present Administration - follow the
example Of his distinguished kepuo-
lican predecessors and ut down IN inc
place Of honor At the recent annual pan
ouet of the New York Chamber Oh
Commerce. 1t may be admitted that |"
vas at and proper that he should make
the speech Of the evening" speech 10
which. like his Republican predeces-
sors he takes pains to tell the new
YORK Chamber Of Commerce that me
administration at Washington mas DO
money policy different from iss own
that having accepted the Repuouean
Man Of forcing the people Of the United
states 70 pay their fifteen or twenty
billion dollars OF Indebtedness In gold.
and gold only, it will pursue It pitiless-
ly to the end.
But Il was not expected that . man
: az Mr.. Carlisle's resources could oetray
the weakness Of the policy by repeating
the cid. threadbare and worthless a.
I sertion that the restoration Of silver 70
: free coinage at the ancient and estao-
,,shed ratio of 16 to 1 would benent the
e owners Of silver mines, but no one else.
4 There vas a time. not very far back.
/ when Mr.. Carlisle knew this to be raise.
: ana II he enjoyed the same freedom OF
speaking now that ne enjoyed then. ne
= would say 1t Is false today.
u "rhc free coinage Of legal tender Sill
II W. n the ratis Of Is to L." said Mr..
K Car,isle. would be a forced loan from
n the people to the owners Of silver mines
q and silver bullion without promise o'
le repayment by anybody"
y But suppose the act Of 1873 had never
heen passed. and the free coinage o.
:. I.oal tender silver at the ratio OF lS Il
had not been suspended. will the dis
,inrnished secretary Of the treasur!
- have the effrontery to say that ina
:, wou,A have been "a forced loan iron
'. the people to the owners OF silver mine
d. and silver bullion?"
n, The free coinage Of legal tender s'l
ver A. the ratio Of 1s to 4 10 not . ne'
.ty and untried thing. II ID an old tninl
Il : very old thing. II was lawful an
-
A. allowable from 1890 to 1873. The SUI
- - nension OF II IL q new thing. And
- has given us trouble from the star
~ During the eighty-odd years that fr'
III silver coinage at is to I was right
~. people-whether they always G
.rc,sed II or not--there was never al
ar. mute. controversy or difhculty about o
ted metal money. Both metals. gold q
is silver, enjoyed the same right OF col
no. age. and all was peace. But the q
i'm turbance OF the ancient relation IN IL
an brought trouble. and that trouble
a"y Tne great wrong OF rne ACT o. u
'ieu vas and is that 1t deprived the peo
ent os one Of the two money metals
mr. which their debts we're payable. 7
ity. practically reduced their money vo'u
Irti- one-half. or, in other words. douo
in all existing funded debts.
wish And now q United States secretaf!
: - the treasury tells the world that
undoing Of this wreng. and the resst
ton 10 the people Of their ancient r
Of paying their debts In two metals
i'e' stead Of one, would be Of no benen
uht- anybody but the owners Of 81
lurs- mines and silver bullion!-St. u
lr1eu p>st- -rAanatcA-