The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1896-07-15
some REASONS WHY.


and unlimited coinage of silyerand
gold at the ratio of 16-to ! would
restore their parity of valueR
Answer Some of the reasons
are:
L. During the so years of our
history, and down to the act de-
monetizing silver in 1878 the gold
dollar and the siler dollor were
equal in their purchasing and debt
paying power everywhere in the
United States,
2. There had been no abnormal
production of either metal to des-
troy or impair the money functions
of silver
3. The demand for the precious
metals in the arts and manufact-
ures is limited, while their demand
for money use is unlimited. There
is no probability of Cutting the
market by an over production of
money.
4. There never was in the worlds
history any nation that had too
large volume of actual money.
5. The Constitution of the Uni
ted States in effect declares that
money shall consist of both gold
and silver, and clothes Congress
with the power and imposes upon
it the duty of determining the
relative coinage value of the two
metals.
6. The free and unlimited coin
age of both metals at the prescribe
ed ratio necessarily brings bullion
value and coinage value to parity
with each other.
7. When the commercial and
coinage value are the same in the
United States no foreign nation
could purchase dollars worth of
silver without paying n dollars
worth of gold for it. England
could not continue the practice of
buying our silver product at fifty
per cent. in gold value, coin it into
British Indian dollars and buy In
dian wheat with silver dollars which
cost but fifty cents. This is the
way our American farmers have
been bunkoed, and they seem to
have enjoyed it by voting with the
gold monomeallists.
s. When silver rand gold are treat
ed alike at the American minis the
gold price of silver bullion i'll the
gold gambling dens of London will
increase in productive industry.
The products of the farm and fac
tory must be sold for one-half what
they would bring if the money of
redemption was doubled in volume.
8. When an army of financial
conspirators on both sides of the
ocean inaugurated their scheme to
degrade silver it was worth COM
mercially three per cent. premium
over gold. 1t began at once to de-
cline in it's commercial value when
no longer TO be quoted in the daily
metropolitan journals on both sides
of the ocean, because the bullion
and coinage prices of both metals
would be instantly the same.
10. When all other objections to
the free and unlimited coinage of
silver have been fully and satisfac-
torily answered, the silly, weak,
cowardly, and un-American plea is
made that the United States can
not accomplish the end without
the consent and cooperation of
other commercial nations with
which we have trade. 1t is an adj
mitted fact that our domestic trade
is 9G per cent. of the whole, while
our entire foreign trade is only 4
per cent. 1t is our privilege and
duty to provide for the welfare and
prosperity of the SO per cont. We
can and should adopt an American
system of finance and let other
Governments take care of them
selves.
II. The friends of silver demand
the full restoration of silver, be-
cause with it every debt due from
the Government, or owing to or by
individuals or associates may be
honorably discharged with silver
the sam5 as gold.
II. Gold is in the hands of and
controlled by the few, while silver
is the money of the people. If
either gold or silver is deprived of
its money function it will be an in
vitation to the creditor class to get
up a corner on the one which will be