The Clarksburg telegram. [volume] (Clarksburg, W. Va.) 1874-1926, 1898-10-21
Il Is Md56lIess.


o.. + r
gus. wnarn wvuru 90 selling Tor In the
market This shows copclusively that
gold, II II can be had, should be used
as money, because II IL more valuable
and safer, and no loss can come to the
owner in case OF destruction Is money.
The production OF gold 10 Increasing
all over the world. and there can be
no just complaint that there Ii not q
sufacient amount for money purposes.
the farmer. the mechanic. the banker,
the lawyer, the wage-earner, indeed
all the people are entitled to the best
and safest money In the world. The
political party that denies the people
the best money Is not their friend, and
should not be entrusted with power to
force upon the country debased cur
rency.
Friends Of Silver.
The government can not by law Gre
ate values. Beyond its ability to main
make so cents worth OF silver equal TO
81 In gold. This is simply impossible,
and the experience Of mankind has
proved 1t in all ages. The reason for
this is too obvious to need argument.
In declaring and insisting on the
gold standard as the measure of value,
the Republican party does not turn its
Far from it! It favors the largest
possible use Of silver. The only limit
alton the Republican party would put
upon its use as money would be that
1t should not go beyond the ability of
the government to maintain its equal
i;y win gotu. the republican party
insists that to whatever extent silver
is used as money 1t shall always be
equal to gold so that no one can be de-
frauded by its use.
In asking that silver at the ratio Of
16 to / be maintained equal to gold
when its commercial value Is not equal
to 1t, the Republican party is in fact
the true friend of silver and not Its
enemy, as the Democratic party claims.
We now have $500. 900. 900 or $500. 000.-
900 of silver, all equal to gold. II we
could safely increase this amount and
at the same time keep 1t equal to gold.
I would favor this being done immedi-
ately. The Republican party earnestly
favors international bimetallism and
Is working to bring about this result.
introduced bill in the senate to
retire all paper money under IS. This
would put into further use about TO-
100000 OF silver dollars.
Evils of Free Coinage.
II we should have the free and I'M
limited coinage OF silver at the ratio
of 16 to our people would have to pay
in gold for everything they bought
abroad, while the nations Of Europe
would pay us in silver at so cents on
the dollar, for what they bought from
us, thereby reducing the price OF our
products Just one-half, or forcing US
to have one price in gold and another
confusion that would follow. Our ex-
perience with American silver In Mex
leo and Porto Rico tells the whole
story. When our troops reached Porto
Rico the people there treated our silver
dollars the same as the Mexican and
Spanish silver dollars and refused -
take them except at so cents on the
dollar, but when they found i was as
good as gold because the faith OF our
government was pledged to keep 1t
equal to gold, then they took the
American silver dollar the same as tfe
gold dollar. while the Spanish and
Mexican dollars. with just as much
silver in them as the American dollars.
were taken and received at their COM
mercial value. which was SO cents on
the dollar. Under the free and unlim-.
tied coinage of silver we could not
borrow money and sell our securities
to obtain money to build railroads,
open mines, build factories and de-
yelop our resources. People will not
trust a nation that might pay them
back for what they have loaned So
cent dollar or debased currency. worth
only half as much as the dollar they
loaned. But this question was settled
in 1896, and every day convinces the
people it was wisely settled. To de-
clare in a convention for the free COIN
age of silver seems like an effort to re-
vive corpse. AS time goes on the
silver question will grow less impor..
tant. because our people will demand
as they are entitled to, the best money
in the world-and no party can sue.
coed that would take 1t from them and
give them instead inferior or debased
money.
manufacturing and Shipping.
We have long been the leading agri-
cultural nation and granary OF the
world. We are soon to take the lead
in manufacturing and thereby become
the workshop Of the world. Our ex-
ports of manufactured articles have
doubled during the last 10 years. we
have ALREADY become the second nation
in trade and commerce. having passe
Germany and France. standing second
only to Englnd When we regain our
lost shipping. which we must DO by
proper protection to shipping interests,
we will then become the leading Ship
ping nation Of the earth.
The. P.,ublicen party under eres,'