Sequachee Valley news. (Sequachee [Sequatchie], Tenn.) 1896-1952, 1908-10-01

man is saved by life preserver and
also his treasure. The specie worship
per, unwilling to leave his specie,
takes a risk which results in his
drowning. Which is the better value
on such an occasion, the paper or the
specie? An answer is unnecessary.
"Honors are easy" Away with the
childish reasOnings on possibilities,
and let us have general utility and
common sense in their stead Said
reasonings are usually made by the
captious or petulent to cover schemes
of self-aggrandizement because they
have nothing else to offer and feel OBJ
liged to say something, The stern
specie or gold admirer, because of its
bullion value abroad, who insists that
he must have it for use in commerce
or travel is reminded that he car be
fully accommodated without coinage
of a single dollar, either of gold or sill
yer. How is this to be done? The
process is easy. Paper money of a
sovereign government which would
pay all debts public or private, will
purchase the articles for sale within
the domain of the sovereignty which
issues the money, and this being true,
the same paper, which will buy food,
clothing, building material and every
conceivable article of use, either for
ornament or otherwise, will also buy
gold and silver bullion, mined or un-
mined, in the ground or out of it.
Then why be at the trouble of coming
the prec GUS metals for private use,
when uncoined it can be bought at a
far cheaper rate, because uncoined, the
absence of the money demand invari-
ably reduces in market value of the
bullion thus treated This has been
proven in the treatment of silver and
the same would follow in the case of
gold, if similarly treated Nobody
need deny this. Price value rises and
falls in proportion to the imitation or
failure Of demand. Therefore, Mr.
Bulliouist if you desire exclusive val
ue at a cheap rate. let us have paper
money only and you can purchase all
the precious metals you desire, almost
at your own price, and gold, like 9th
er commodities, will be no exception
to the rule. You will then be at lib
erty, if you desire, to buy a large
quantity and create an idol in any de-
sired form, put it in private room
and worship it whenever it suits your
pleasure This done, commercial men
will no longer be annoyed by an ex-
elusive material for money of which
there is not enough to do per cent
of the business of the world When
captious or trifling objections in favor
of gold or silver are taken into ac-
count, the subject is well-nigh end
less, but believing we have touched
upon all exceptions worth considering,
we will stop here in the hope that the
bulk of voters will become better in
formed and this done, they will have
the patriotism and good sense to vote
for the benefit of the entire communi-
ty, instead of as at present, for the in
significant minority of greedy money
merchants, alias bankers, whose sole
object it is TO acquire wealth regard
less Of the means employed. The bank
ruptcy Of their fellow citizens, or any
other public calamity, does not enter
into the account. Neither does il with
tine railroad magnate, the telegraph
boss, the sugar king. the oil monopOl-
5 ist, and host of other public har-
pies, whose names are legion.
II nothing prevents ! will in my
next. give you letter ON corporations.
MORE ANON.