Hutchinson gazette. [volume] (Hutchinson, Kan.) 1895-1902, 1896-08-20

we are told that an attempt on tho part Of
the government to redeem its OBLIGATIONS in
silver would put premium on gold, but WHY
sh uld It'll The lanA6f France exercises the
rigl to redeem all bunk piper in either gold
or silver, and yet France maintains tho parity
between gold and silver at the ratio Of 1 "a TO
and retains in circuliton more silver per cap.
tia than we do in the United States.
We contend TINT free and unlimited coinage
by the United States alone will raise the bullion
value OF lyer to its coinage valus and thus
mako silver bullion worth Sl.2J Dor ounce in
gold throughout the wor d. This propo ition is
IN Keeping with natural laws, notin defiance Of
them The best known law Of commerce is tho
law OF supply and demand" We recoRdize
tins law, AMI bull our argument upon it.
We apply this law to money when we say a re-
| duction in the volume OF money will raise tho
purchasing power Of the dollar; we also apply
the OF upply and dem md to silver when we
say that new demand for silver created by
law will raise the price of silver bullion.
The Charge OF Reputation
Tho charge OF population come with moor
grace from those who are seeking to add to the
weight OF existing dobts by legislation which
| makes money doareH and who conceal their
designs against the general welfare under the
| eupnonious protenso that thay are UNFOLDING
public credit and national honor
chose who deny the ability Of tho United
States to maintain tho parity between gold and
D.tvor az Sne present iegal riuo Wltnoug Tor
elBn alu point 10 Me1l and assert that tho
SPonAnS OF our mln.s WIZ reduce rs 70 silver
SuSA; anu IalSo solu 70 premium IT'S no re-
I'oOsIrn upon ouT s's'eE repuO'ic 70 romlnd our
peopL1 'niI the ohltea statos IS much greater
than Mexico in area, in population and in com.
mercial strength 1t is abiurd to assert that
the United States Is not able to do any thing
WHICH en- mexico mas Iaheu TO accomplish The
O Ono snins noces'ay IN oruer 10 MAINTAIN tho
10 ~ Iulnish uPniahl great enough 10
100 az nm, tno SiIVer WHICH VIII cone 70 the
Ht'i1'e Ana' 'teAlIO mas tnueu 10 90 inns Is
no PrOoh Ina1 ING Uhlted plates would also
A"a tI4 :; 80
notions hoUo Ito S'io9 iuu,TTt Vi tho
- 1',l10u a4i.oi no'"l"s van
10 TTno UNI nv an Oh tho:e nations res orr Dl
teral how MANY ~ how ta,v ot;o,
mints, provided there are sufHc ont onon minis
to furnish monetary demand Tor ali tho pold
and silver available for coinnpe
S,,u. MI. .
D''"o O"""
II u Is asserted by our opponents that tho
Tree coinage or silver Is int led only for tho
o,nent oS the mine owners, 1T must b. romem-
bored that free coinage annot benefit tho mine
owners any more than demonstration took
away and 1T must also be remembered that
the oss which tho demonetization of silvor has
drought 70 the mine owners IS lnslgnih3ant
| compared to the loss which this policy brought
silver will bring IN The neonIe renoroilv rna,,,
times as much advantage as tho miners can
obtain from it. While it IL not til, PURPOSE OF
free coinage to especially aid any particular
ella 8, yet tho.e who believe that the restora.
ton OF silver is needed by tho whole people
should not be deferred be ,auso an in ,idental
| benefit will come to tho mine owner. Tho
erection of forts, the deerening OF harbors, the
Improvement of rive.s, the erection of publie
building3-all the confer incidental benefits
upon individuals and communit es, and vat
these Incidental benefits do not deter us from
making appropriate IN, for those purposes
VIII never such appropriations ara ne,essar;
for thu public good
Onno,od 70 CboDr,,u .ho P,.,o
"enro oPpo-e 10 any hangeS OF the ratio
lol S"o leao ms LirsC, Decauso change
S Souiu Pao iuoo g.eaG ,nIus'iGe, anu seconu'
oii''lie9 III v,lo la.lo - no' ne'essary'
tr e"uHho "V"Hu plO1u lnIuS't0o "o'ausO' ~
,, tou IN W hulnvr usuIlly Sugges!ou, IL
"Tu.u res ~ al enol ~ tno
o. a'ui1 ny pooPlo VI 'ne
"ou.,' ~ ~ IiiauS9 ~
L',o NV Ooo'uso lily @ ouS
tLo'' w g"n nnu ivy ~ Inu
1 20 oannoI auotu W tllus ueoloase Ine .aluC
a. IN Siol ttop0'" u 'H'ioa'' 'n' "urueH Vi
V''ii u'O'''
| No Danger Of Ruin.
"There ia another argument 10 wbi,b ask
your ottention. Some Of tbe mora zoolous on.
| nonants of fro, co,,nga noint 70 tba T,ct tbat
| thirteen rnonths must oianee botvna, tho CO.
lection and tho first reunlar session NJ Con.
rross and as,orttbat during tbot fine in case
peonlo decloro themselves in favor Of fren coin,
age, all IONS will he Withdrawn and Mi NOR.
gaoe, fo-ccIosoI If tho,e ara mcroIv nronb.
ecies indnlgel in bv tho., who bovo Sorcotten
thu nrovisions of tho Constitution. IL will ba
sufficient to remind them that Tho nros.
ident ia empowered to convene (IonDross In
extraordinary session wh,never the nnhlio
good requires such action. II in Novom-
Dpr 'no PSoPlo Dy LhG.r Daiiots uectaro them,
l'es ~ la'ot VI 'e liouIa'e 'U'toIaIioa oI
Sl w Gun 10
I'M 10" HioIn -, no"o1ot' tno assol
ion vIa toaiI, wa 10 anu nytE
go 49, - W Jun pOtlH
al ',on as ~ n;ay no0oesaly
VI VI Va tnoh ne"
uuu ,i'ui isSuo - LaI9eu "hono'eI !. - neoes
saEy LOT 'he peolle as whole 10 ootGIn consens
LIoll tno 1MnerS Vi nonel anu 'e onahsess OF
iilonot De'olo my can iosle.dCe upon nnancln
quo9 tiou', We oiuil "a'1 paeIeu iioni ueliioc
iaty W d aoy' DuG 'HaG IiLio mas :,, no'
rn'ou'o dhI AItliiiiue'lun "Ii 20
~ 10 VIZ ~ a. tI9
w, tiilV NV NiuEs iuto " itsn' ul'lne WIZ
iiot Nv ms gym u' OI suOS0IiOe " uo''hine
'ilat il'ouey Is Onlnipo'enG
- oul GpponSn' % "oulu uulnIt 'ne rlBn''Iho