Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1899-01-19
8 NO, 49,

"Eo" VI tHCy
can exact a royalty which in itself
will limit production, and thus a pro-
ductiOn commensurate with the use
will be established and a use COM
mensurate with the production can
be secured.
IL contend that there is no use of
taking European nations into our
councils. As the producers of all the
silver of the world, we can easily fix
the price. If price is dependent upon
us, we can increase the use without in
fiation. If price is dependent upon
production we can limit the prOduc-
ton without violating any private
right"
Of this 1 can only say that the man
who could deliberately write it and yet
pretend to be a friend of silver places a
very low estimate upon the intelligence
of those by whom he thinks it will be
read. M. Newlands, you seem not only
anxious to indorse the views of Mr.. Gage
as to the gold standard, but you are
ready with a new suggestion in its sup
port. Not only Is it to be guaranteed by
a regulation of coinage, but to be assured
by limitation upon silver production. 1t
is not only free coinage, but free mining
which you perceive to be dangerous. If
you think that I m~isrepresent you,
please re-read the above quotation and
particularly this sentence:
"THE RESULT HAS BEEN,
THEREFORE,, TO SUBJECT THESE
MINES TO THE EXPLOITATION
OF TREMENDOUS ENERGY AND
ENTERPRISE, AND HAS PRO
DUCED A FLOOD OF SILVER
WHERE FORMERLY THERE WAS
A DROUTH."
By speaking of a food Of silvey you
evidently intend to convey the idea
hat there has been too much of it pro-
duced, and you exercise your ingenuity
in suggesting devices by which silver
production may be curtailed. First, a
seigniorage or government tax, greater
or less" that is, raised to whatever
poHS Aoy ~ ~ oioNoaAoSS
silver mining; and, second, a govern
ment prohibition to the location of new
mines, which you assume will be effec-
tive because those now privately owned
will soon be exhausted" Now, if
thls nau Deen Said ~ Dr-,r, aud Fckles
or Cleveland or any other of the gold
standard cuanks, l should not have been
surprised and certainly should not have
thought of criticising it. But in the
mouth of a professed silver advocate it
is such a giving away of position and
argument as to threaten the most
serious injury, unless exposed and de-
nounced by those in whose behalf it is
assumed to be spoken. We are pre-
pared to meet our open enemies but we
, cannot safely tolerate the Endorsement
of their theories by those regarded as
our advocates and protesting loyalty to
the cause of silver restoration. Posi-
-. bly,, Mr.. Newlands, you may be able to
give some explanation of your remark
able language and if so you cannot
begin to make it too soon. If
these extracts fairly present your
views, then you have no right longer
to pose as a friend of silver. Your
scheme is not only impracticable,
8 one of those illusory devices 'to do
n something for silver" which are contin-
= ually bobbing up i'll goldbug literature,
but is an absolute surrender of all that
# is vital in silver advocacy. When a man
e who assumes to be a champion of silver
u talks about a REGULATION of coinage" to
preserve parity and deprecates any ex-
pansion of the money volume by which
prices might be increased and absolutely
.. suggests d limitation upon production
d as a means Of preserving the purchasing
e power of gold, he belongs on the other
n side and if he persists in carry
70 ing a silver flag, deserves a court
,e martial. If you are in favor of the
y free and unlimited coinage of s'
~ yer at the present ratio by thu
st United States independently OF othe
nations, you should take the frs
opportunity to say so distinctly. Their
" is no halfway house in which you, NOR
st than any one else, can take shelter. Tn
lie issue is simple and admits of no compro
he mise. Those who are unqualifedly TO
"a it are on one side, and those who are no
;" including the whole scale from Cleve
land to Secretary Gage, are on the othe
III side. Mr.. Newlands, you can choos
he your side, but I protest against an effoi
on to occupy both. 1t is as impossible t
serve both God and Mammon now as
.e, was two thousand years ago.
ng Yours respectfully,