The weekly register. [volume] (Point Pleasant, Va. [W. Va.]) 1862-1909, 1896-09-23
A FQUT
FOR GOLD BUGS TO CRACK
Nothing in the Gold Standard for the
Poor Man.

LErARr, w. VA, Sept. 10, 1896.
EDITOR REGISTERS:
The total indebtedness fthe United
States, public and private, is estima-
ted to be more than thirty billions of
dollars, the greater part of which is
legally payable in silver. The annual
taxtion for city, county, State and
Federal purposes exceed eight hun
bred millions of dollars. The aggre-
gate sum of United States money, all
told, is less than the amount required
each year to pay interest and taxes.
1t takes 5000, 100000 to pay the inter
est on what we owe abroad, notwith-
standing the State Gazette says that
the Rothschilds, Morgans and Co.
do not own any considerable portion
of the bonds of this country.
Now the Gold Bugs will tell you
that if you own an interest in n silver
mine, it is we'll enough to vote the
free silver ticket, but if you do not,
don't vote it. Now, why such pref
udice against the silver mine ownerT
The gold standard only knocks the
silver mine owner out of $18,000,000,
while it is knocking the wheat and
cotton raiser out of $155, 100000. BY
remonetizing silver the farmers gain
$155, 100000, while the silver mine
owners only gain $13, 600, 900, annually.
tell you it is not the silver
mine owner that is in the way. 1t is
party prejudice and that little supply
of $50, 900, 900 appropriated for n cam
paign fund to elect Wm. Mckinley.
Why did Cornelius Vanderbilt give
100000 to the gold-bug campaign
fund.- There certainly can not be
anything in the gold standard for
the poor man. Ifthere were the rich
man would have nothing to do whit.
Take the worlds stock of gold .and
silver and divide it equally among the
population of the earth and there is
only cents difference. There is at
present $4,O96, 800, 900 of gold and 81
O7O 500, 900 of silver. Divide this
equally among 900, 900, 600 of people
and it gives to each one $2.72 in gold
and $2.71 of silver; total of gold and
silver, per capita, $5,48.
The gold and silver on the list day
of January, 1895, in the United States,
was estimated to be $1S.O7, 1904 of
gold and 5000 of'siIver, per capita.
The first coinage act was passed in
1902 and from that time up to 1873
there was never day when the Uni
ted States mint was not open to the
FREE AND UNLIMITED COINAGE OK
SILVER into full legal tender coin.
Deny it if you can, gold-bugs. Sena-
tor Sherman tries to create the i'm
preston that the legislation of 1884
was in some way restriction of the
mint privilege of silver. There is not
the slightest warrant for this sugges-
tion. The only thing which Congress
from 1853 to 10 toll. This was done not
by any altering or interfering with the
silver dollar, but by diminishing the
amount of gold in the golddollar. In
all other respects the law remained as
it had been since 1892.
1t is "a common error to thinkssStha
in late years silver has been discover
ed in fabulous quantities. The Direc-
tor of our Mint estimates that the
commercial value of the gold product
of the world from 1878 to 1895 exceeds
that of the silver product in that
period by 1915, 3GO,3 300
Under the present gold standard
the money of the United States has
been contracted 81 per capita. How
long can the American stand the APP
probation of the gold standard, the
money sharks and gold gamblers9
The gold-bug Mckinley Republi-
licans say that what we need is more