Arizona weekly citizen., 1896-11-07
SOUND MONEY

Edited by the Tucson Non-Partisan sound Money Club.
 hir. Charles Francis Adams has been ext tslsively reported to be silver man bus sess himself right in d letter to tbe Kansas City Star, from which the follow lug are extracts:
 "Eyeryhere that I have been during the last yesr-end l have been all over the North--I have seen plainly the signs of hardy recnperatlcn, and nc where have 1 seen them more plainly than in the great mining regions. l have seen those signs in the iucreaseo economies practiced, in more dlverslded crops, in neu developments, in cheaper transpoi tation, and in mechanic appi- aHces and scientific processes hitherto unheard of. If the politicians would only leave these natural forces alone to work out the remedy, the remedy would, 1 an confident, be with us, and be witt us for ten year stay. within 8 tweive' month. But it will not come so large as reviyiDg confidence is shattered by this incesssnt agitation in favor Of 8 resort to quack nostrums.
 Under existing circumstances, there fore, ] regard the free and unlimited coinage of silver proposition not as the merely harmful nostrum of a quack, but rather as the deadly draught of 6 poison- CT. Ia my judgement, if reeorted to at this tune, 1t will bring on the countrs calamIties of business and financial. and consequently of a political, nature the end of which l, for one, could not hope to live to see."
 ALEADING SILVER MINER FOR GOLD, During sixteen years have furnished the world 10000, GOO ounces of silver. l have paid in BeaverheaG county ID wages to my employees, SS.0O0,0O0. Not wlthstEndins Rll this, am unBlteraoly opposed 10 the Independent, free and unlimited coinage of silver, because Dy practical knowledge, my judgment tells me that 1t is contrary to history, ex- perience and common sense.
 1 lovs honesty. deny the legislative power to assert value. The great con- marcisl world knows, recognizes and bows to the authority of supply RLu demand.
 Tbe very fact that it is sought to double the value of silver dollar by legislation is a confession that the golo doiler is worth lC0 cents. No AmerlcGn citizen should cheat himself with the deluaion that he is patriot because he may offer his misfortunes as indicative of the need of special laws to fit his particuler csse. 1 would scorn that law that would make me the beneficiary of an injustice to another. The man in public position who will permit bimself to be swervsd from the path of duty tc all by any clsmor is the enemy of hie country, and especially the enemy oi the very class he serves, either as mistaken or 8 cringing slave.
 The proposition of the free, indepep- dent and unlimited coinage of silver st the ratio of 16 to l, when the conner Lial value IS B to l, is dishonest, anc must result in ruin,-Henry Knippep- berg. Glendale, Mont.
 ''THE MONEY OF THE CONSTITUTION" We hear this phrase very frequently heard dnd-now then what is the money of the constitutions-Supy eur friends wIli take the time to read that document oI having read it refresh theIr recolleatior of what IS found to be said about the money in the constitution. O0iy Lnis ana nothing more: "The congress shall have power to coin money ard regulate the value thereof"
 It is 8 matter of history that the congress existed before the constitution The congress that followed the adoption of the constitution was the second con- gress.
 The first congress origlnsted the whole system of decimal money we now hsve, and it may well be said that the dollar existed before the constitution. snd that our money is the money of tht first congress.
 THE DOLLAR OF OUR DADDIES.
 There is a great Gesl of false senti ment aroused about this deiUsicn. From the time the dollar was first coined il l792 until 1906 our daddies found II more profitable to ship their dollars oui of the country than to keep them. From 1906 to 1884 oar Osddies did not coin any silver dollars at 8ll. They colned less from 1792 to 1853 ln nearly sixty years, than was coined the las; wesk of September 1896 end less n the twenty years from 1853 to 1873 than ~st coined in the month of September 1896. Our Daddiee would have thought tha' this was the silver land in truth if they could have turned out dollars and silver ones too, the way that they are turned out in tbis year.
 WHAT IS MEANT BY 16 TO l.
 In the markets of this entire world sD ounce Of gold will purchase B ounces of silver; what occasion Is there for gp' person wishing law passed by which he would only get l6 ounces of silver for one Of gold. 4 bushel of whest i. woIih we wlli ssy one dollar, would ap, sensible person iikes law to be passed. which would operate to cause him to pay two dollars for the busbel of wheat
 The propo bitten to enact laws b. which the value of certain product is thereby raised is an attempt to delude the people by means of the government IL is an attempt to do by law what can- not be done by legitimate barter.
 WHAT REGULATES PRICES?
 The answer is eimple-supply and demand. When there is bigger stock f. a product in 8 community than its consumption warrants prices fall. And what is true of small communities, IS applicable to larger ones. From the hamlet to the town, to the city, to the state, to the United States. to the world the rule is effeciivs-and go much is the whole world getting to be one vast market where everything raised, conti- nents apart comes into competitive sale that we must recollect that prices now very closely follow each other for the same products sold m the different markets of the world. Wheat ia worth about the same, variance in freight con- eidered, in California as in Ruesia. in India as in South America. When Shakespeare said ''all the world stage' be might have added and & market too where men are constantly buying and selling, and where the only cause of prices varying is the one great regulator