The record-union., 1896-08-14
Voice OF THE PRESS.
Expressions Of Coast Newspapers in
Brief
On ALI Shades of Political Belief and
Upon Leading Topics of
the Day.

Portland Oregonian: Our silver dollar
IS worth 50 cents, the Mexican dollar
54 cents. This matter of giving 80
cents worth of merchandise and a
Mexican dollar for silver dollar of the
United States merely illustrates a we'll
known fact as to values. Everyone who
has been in Mexico and had occasion to
Guy lunch, cigars or anything to the
amount of 81, and has handed out a
silver dollar of the United States, has
received Mexican dollar back; that is,
dollar worth one cent more and a dol
lars worth (measured in a silver coun-
try's prices) of goods. The Mexican dol
lars are but so many bits of pig silver,
because the Government that issues
them keeps no gold reserve, does not
limit their coinage, issues them at their
metal value, and has no care or duty
OF maintaining their parity and ex-
changeability with gold. From any
country in which they are found you
can bring our silver dollars into the
United States and get gold for them,
dollar for dollar, because, by limiting
the coinage and keeping heavy gold
reserve, our treasury maintains the in
terchangeability of all sorts of our cur
rency with standard money But if you
take Mexican dollars into Mexico, you
can get gold for them only at the rate
of about two for one
Here is proof, through the Mexican
dollar, that paralyzes the silver poll
tlcian Of the United States. He is dumb
founded, nonplussed, and can only howl
with rage at those who have employed
this method of demonstration to refute
and overthrow him.
THE QUESTION OF PAR"
Nevada Transcript: The silver dollar
is now at par with gold. but it would not
be if there were free coinage of silver,
Tor 1t is only by the limitation of the
volume of silver dollars that the Gov
ernment is able to maintain the public
confidence in its ability to keep them at
par, by redeeming some of them if nee
essary For it must be remembered the
Government owns seven -eighths of all
the silver coin in the country. If the
1nints were opened to their unlimited
coinage by private parties, the public
would cease to have that confidence,
and the moment that confidence was
impaired the silver dollar would fall
in value to the market price of the sill
Yer bullion in it. This is not theory.
IT is universal experience under free
".
FREE WOOL.
Woodbridge Democrat: AS an evil
dence that free wool has been a benefit
TO the American manufacturer of wool
en- goods, we published the fact that
they are now shipping woolen goods to
bradford, the heart Of the English man
ufacturing districts, and selling them to
the open market in competition with the
English manufacturers. Now, it ought
te be very evident to man of ordinary
Intelligence that there is no sentiment
about this. Such shipments are not
flade for fun. There must be money in
It, or the goods would be kept at home.
In an effort to break the force of this
argument, some of the Mckinley organs
are asserting that American wooden
goods are sold in England because
there is no. demand for it here. If that
proves anything it proves too much
for the McKinleyites. There are many
more people here now than ever be-
fore, and they wear just as good clothes
as they ever did. IF there is no demand
here for American made goods, the de-
mand must be supplied by England.
BONE AND SINEW.
Fresno Expositor: Those who have
been loud in their protestation that the
Chicago convention was not representa-
i've of the Democratic party Will find
that the boilers are not unit on this
point. For instance, the New York
Sun" one of the most prominent rep