The Boise citizen. (Boise, Idaho) 1906-1910, 1907-11-29
THE DEMAND FOR SILVER
sHOIIN AGAIN BE GIVEN ITS PLACE AS A
MONEY METAL

gratifying to the friends of silver such general turn
toward the white metal for relief in the present financial situation
M Salt AXE Tribune good deal Of the talk both by the
f silver and by its alleged friends at random and
does not in the go the Of the matter 1t would effect
nothing particular buy up few million dollars worth OF
silver and coin doars because as soon as that com was
d away and silver certificates issued the like conditions
would call for another purchase and another issue and on in
1 each transaction being merely makesht and OF no par
ar importance silver the government or to the commercial
interests of the country
The truth of the matter easily put Silver either money
metal and worthy to be SUCH is not If IS not no
aehifts will serve the purpose If then let it be treated
as such at fixed value and let enter upon its work as money IN
conjunction with gold mmemorabe usage ana as IS zone
France now mere palliative affects principle 10 put silver
into e breach as maehif would be precisely OF the same order
- facno as the use of cashiers checks Nobody pretend that
cashiers checks are in money that they represent Pena
nent condition of financial relief Precisely in case OF the drag
gng in of silver stated quantity and as like makesh ne
effort in that case would be get rid Of the silver as soon as PoS
e precisely as the discontinue the use OF Coe
checks as soon as the currency brought out OF its hiding places
and once more put into circulation
All this talk about silver being little used help out enPor-
% n an insult to the intelligence of the people who understand
the silver question 1t to nothing Whatever anu ooiu "
nossv have any real effect settling the question OF silver
money If anything be done the way OF temporary S
relief the way plain before the treasury OF the Onted o
soon as congress assemblies and gives Its authority
authorize the issue of silver certificates on w s
already stored in te treasury I'D to S5OOOO0000 and then be per
fecv safe in the matter redmpons because would nave
as many dollars silver certificates ana reserve %
per cent ample for all redemption purposes The authoz
such issue could be coupled with the condition that as soon S W
issue had served the purpose of relieving the currency situation ana
matters had returned to normal this additional issue cO
be retired received the treasury at the dceto u
tarv But that an entirely different thing from the Tecogn
silver as money and coinage such That IS separate
sion altogether and be treated on an entirely dlIel ~
from the ordinary palliative or temporary eNpedent
1t is easy to note the shipments OF silver from ouo
the Orient from January November 9TH amounted III %
f1O867354 Nearly all OF this was snpPeu - from
shipment showed decrease compared with the previous
and to the same dates of f3 16O492 These figures sgy t
of silver shipped London to the Orient OF up"u -
600 ounces With drain like that of silver to the ORIENT
that there would be no special danger III . er1 r.,
age of silver given common ratio that oughl 10 ~
te commercial nations of the world without much longer uy
1t is noteworthy there has been marked clalse " -
tons of the product of gold and OF silver Wnu u P .
years AT the time of the silver agitation which began eg
1890 and continued onward, the gold production OF Ie WIZ
SINK 70 VERY, low, ebb while the silver production was NeIS
1t is doubtful at time there was produced ~ | o. b
large one-thrd as much gold IS now annualy Plon -
other hand the production of silver much greater '
With this tremendous change in the ratio OF PToduo.o
evidently looks with less fear upon silver coinage than u -
merlv AT the same time there fingers Teirai. u | ~ ba
dire aoain and terrible fear Of silver that was impressed %
mind when t,is discussion was its hottest from lo9o 70
,s+ silver would no doubt be ettectuaI 10 Pie
Won't t realization at once OF any proposition Tor the aO
coinage of silver particularly if the great col -; nov,
not all Join to purpose But there "Ie ~ -a favor
s;d f, tho matter of product, that may be tuleu '
bv 70 silver than ever before Japan has taken i's T
o+;o,s Silver is really advanced com nletai " -
for although that empire nomnay on goa u n,n call fol
of fact tbe current prices which preVah dnoue ar;o
conner as the chief circulating medium with SlVei - rl
metal China is also upon the verge OF ueno 81 trs
plunge in the struggle as great empire mon
greatest if not the greatest of ALL CHINA aso = & d scarcely
onner bas with silver superior metal anu - M de
opp aAs the neope AS China comes to the front us ~
heard OF among .e & tremendous empire will largely exceed TIT
demand for it in India Great Britain serdS 70 da NOR
to 1870 600 ounces of silver China Wouu d decres
than that The tact a' e ~ cobnaton with the other factor