Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1897-05-22

silver and copper. The reintroduction OF gold
coinage began 1t Florence, Italy. in 1852 with
As a result of the Crusades the commerce of
Florence Genoa. Venice and other states lying
to demand the use of more convenient money
1ensp as 1nsI
the use OF gold money with silver money The
Mediterranean. but they also opened up to
Europe the then only gold yielding districts
and the source of supply came together. The
use OF gold as money was thereby both neces-
Then began the coinage of both metals. Then
nesab TOO rs t the Of tbe
five centuries abounds-the alienation of sill
changes II the rstio in the Vain M ttempt to
keep both. the edicts against shipping out
nent merchants and Others for seeking gain
by exporting the metal undervalred in the
mints Of another. These .. open 11lints for both
metals were not in consequence o any theory
ed before, so APPLY characterized as the prim-
gether the two precious metals otherwise.'
Oresme. Copernicus, Gresham and others
tries pointed out the source of the trouble: but
the primitive inability of the Legislators left
supply Of gold and silver was 50 small tas win
annual production) that the nations kept on.
hoping against hope las we are apt TO do when
mint for both metals would give the circuIa-
ton of both But, as we have seen, these hopes
land cut the Gordian Knot n iSis and Was
freed from the financial e1nbar I on
lions Ike : on in their old way. with the old
tim heir gold and at another time their sill
yer.
The flood of gold at the middle of this cen
try, as might be expected from the enterprise
act AS We have Seen cdnor as early as isss
before the birth of the Republican partly
passed an act making silver coins Subsidiary
and limiting their coinage and tender. France
began to move III 1851 and in 1865 the tries
composing the Latin union adopted the princi-
Germany followed in sis7I-7s- And the principle
lied netic-ls Of the world: ~ 60 Inc
luctin of gold and silver it win be seen that
shortly ter $50 the world production of sill
from, IN verae Of in the period Of
1855 70 an average Of $81. e64 900 in the period
Of SO called bimetalia Was Born .n As said
before. it came into being born Of recent
Of silver was becoming large that it
@ ms 5ad tho to hna mSTk9f for the prod
the 'trade dollar in the final edition of the
1r r LAT that tbsY he'd the
audacity to propose hat they did afterward-
About 1875 ahey began to talk about ''binusaI-
hsm' and it's alleged beauties
What Free Coinage Means.
What does free coinage it is called,
mean? 1t does not m can that the government
would buy any of the silver. not ounce.
yer from its oN:ner. STAN it a., d hand it back
70 him Docs that create any demand for the
Buckwheat hoT7c is now used 30 limited e1-
tent tent for food he derjand for hue1wheat
ing new buclzwheat -four mill create any de-
than the reapns and tGrashin di . These TPs are
a py s1sPs Ii RBsye to be t ons ddPR The
tition with other kinds of flour.
And similarly the "open mint would create
the sineIting the mining does. These are all
simply: steps in preparing the supply The de
with which to make excht nEes. The owner OF
market for this kind Of money il competition
with other forms Of money. The minting
the silver. but would sim ply put it int shape
to meet whatever real demand there II ant be
petition with other forms of money.
And, sir. because of the hullIiness of silver IN
proportion to its value, the demand for sill
yer coin in actual business is very limited
this country ioday than can be nsafi NJ CIV
Experience has shown that the business of the
of all Kinds, including minor coins. But
ready have a stock Of silver coin amounting TO
trade demand for more silver coinage for some
time to come
Wages In Mexico.
Every one Will admit that so fer as Iegisla-
tion can affect the matter. that system is best
under which those who earn their daily bread
The gentleman from Texas [a1r;, Baileyl,
"prosperous'' in consequence of having the
free coinage of silver. He quotes from an arti
ole in a recent mum Der of The North American
Review, written by the Mexican minister, Mr..
Romero. This distin guished representative is
loyal to his own country and dtsir-
Gus of making as strong a statement possi-
BILE as to her prosperity. He claims that manu-
facturers are making large profits But what
does he find to say about the wages of work
ingInen in MeXicof Listen:
although our wages are low, there has
been in recent years a marked tendency to
their increase
Their wages are Glow" even in silver. What
about increase in wages? The most that he can
claim is that there has been q .'tencit ncy'' in
that direction-no real increase worth men
tioning specifically Workin grnen will do well
TO '.ponder on these things
The following statement appears in bulletin
No Q, 1901, Of the bureau of the American re-
pnblics:
'sOne Of the greatest evils (referring to Mex
ieo) at the present time is the existence Of q
scale of wages which dehes all power of reduc-
ton. which robs the 1aborerS of all sense of
dignity or feeling of association with the rest
of their fellow citizens. and having reduced
them to a condition OF abject abasement dete-
riorates TO q like extent their productive pow |
or and the measure of their ability They are |
content to regard themselves a plant
machinery which moves by extraneous aids |
only and has power of volitiOn, and no de- |
sire to exercise it if it had
And yet Mr.. Romero finds it impossible to /
claim more than that there has been "a ten |
1ency" to Improvement in wages.
We have before us, Mr.. Chairman, a special |
message from the president asking to make /
an appropriation to pay certain railroads tor |