Georgia Historic Newspapers

    ennui the .“36 of either of the metals as money
#15 t9 abridge the quantity ot circulating
:megiiuin,'an is liable to all the objections
benefits
which arise (mm a comparison of the
vof iuli'thh of‘a circulation,"
a the emis scanty
and Jefferson. biter reading the same, wrote to
.1 1‘ amino“, saying: “1 return you the revert on
‘3: 1 withnyou that unit
“3‘“; smith“ T,“ .“m (:nixcur ?“(Ul ““5th- the
.ciateii. line 1 hectmu of this _ coumge ‘ act (18'
Thatthcre shun m: in)!“ tin Clmsofltiggae‘tgai: c t; ‘ A
and coined M mu: sn’m ""hV’les' “mm L181]01nin’u.:10u;
and copper 0' ”"5
1:13.“: “ 313‘; ( $13: . . éifl‘ilT‘t‘ShiiL‘ . anz‘efimfi—(tfih . ‘11:)? .,
,' . 913.33“; 0, stun:;;x;d¢-:10‘. ”s
. . ; -. .
quarter;
“12mm“ 0f legislation _ ate tiresome, and
nechsse‘gr tone: cggretgoxifnégfgiamlqre than is
?&ufisfi}?
process of of Ohio, demonetization. introduced bin Senator in 1868 eStabiish
map, a to
i} ig'igechmfifiit. smgle Standard Inthe “exclusively of g 01 d,” but non“
next congress, April 28,
rglémffmé? figmgggigabni “rewsmg the
laws tfi’GUnited "’ :ifgagffeg‘gf 8519:: d
coina gecrmw e of Treasu’ry States ifwmé’fi
from
of me B outweu rehision
it was stated that there had been no of
the coinaga‘laws since 1837, and that the pee” wofid e
agongl‘l‘ze tmh (oil’ered by Sherman)
important gm‘gcfiggliggy amgmihilignigrvmzfiised'lé)‘[s 3?? economy”of ”this
hm, with some slight r.‘;ie1~‘i~eh ti}:
”‘1‘“0' 53.33§§?,$R€‘«”‘€f;‘?§;€é"ég‘ifii’fifé’égm" “'9“ “.0 the house, was wits t0 other
linblcy 0'! l’zynns‘yivmnia. V upon. y M1"
~ _~ -,
mg: 1:338:13: ?&?Lfi‘in‘étufiii‘ée5‘%§§"s§?§?gfi‘i°{?‘;§‘,
{fifigififievfiafinfim mumuxuunfwm 1m anntmry e, 1572, mm repu‘rtled c(mmge
“ ' “ ”°
banlce e value .which should
y ower-‘ngrpnces‘. Said M- Victor Bonnet,
hate: 011 In _he Paris J ournal des EConomists:
The world satbrated With the precious
38 now
metalqand ‘f there ‘8 any daeger against
which 1-“ is necessary to guard, 1‘ ‘5 that ““3
saturation shall become greater. 1* t a- If
She annual production of gold is now [.5
“306% to 500,000,900 francs, let us
heaven for it, and .let wish
t! a? fit . not be too rapidly increased, .us
11*: may
W 63‘ y we should be embarrassed. 1“.“ the
too great abundance end not the scarmty 0‘
meta'ilic money When 15 to be apprehended.”
‘ ngd Jacob Behreh, member 0! the associ
ate :0?“ lChambers- 0.031111116815111 0f (Jommeijce, 0f lbbzs‘ on, to_ International the British
hoéfia‘iiéa u “have .Ehat blfgfiand Wolfld he
it the 'snveirgmggirfiff.lbcrifiiiL,K§&I{,e§:,ek§h%’ild§ v ,
and gold 11,5141 not been generally ‘ introduced. ' ,
filoi’ixgnid ‘ l()tixct\v1s,? , ._ , be much reduced
very
poured ilt’ig‘tfiifiii‘fi“‘dzglxlewle 'iJénn ‘puid it‘mmciaebgs had all (“Vulg‘bo the gold
us rue “You‘d have 0x course, the more 0:333:32
,
- . . ., . - . s tecei vet!
United the mint . States who ’monetary in his t 920mglgsi0’lifogrelst'hse tim f at '
said: “Within thirty days after the policy
Germany had been and everybody determined knew, upon, of that course
everybody saw olicy. Germany rid to of
carry out that E must get
two-third 5 0 f 9r SI ‘1 V8! all d put an equal
$31,223? Oct ?mgm §§$3§2§§é3 Stock‘ 53°35; That Would 2131;133:5130“; ma“ 3“ '
1:913 I
and hr t5: commenced
and decline of silver immed- »
iateiy.”
ted That aéid decline acc’ielerated (in ”st“ by 3° demonetizers goid) was of ”Si” this
the
ggrlhretlixynes 91;: ggggzhklgififg‘?§e 135mb 333’
“Fe Simon:
object and, ?)f
the the sole purpose
tizers on both sides of. the Atlantic was to drive
out one money metal in order to enhance the
Yahie of every comed piece of the other in the
cw: wed world.
' ' —IV__—
.
A3 between dollars of gold a nd silver, the sil
”3,. dollar essentiallythe honest dollar.
The advocates of the single 01 d standard
_g t
in such co n31 'd era ti onast h oyglve the question, ,
" «1' xi minately inix abuse and argument.
1:1 ISO
They seem to derive much; pleasure in de
nouncing silver as ”cheap money” and “do.
based currency," and they are fond ofspeakin
of the silver dollar as the “shorHeaaed c9315 (101%
13.1.,» recint or gfold the standard “7208!“ dollar meeting ? ,, The 11} . New for You; the
ape 6?, tree COEHage as debasmg our cur
The chairman gracefully and delicately
rency.
compared those congressmen in favor 0: free
coinage to "a defiant, criminal under sentence
0’- death,” Who insisted that not be but the
world to be ban d Th (1 emigrant: I . e:
was “ghelda 9 e
president wrote of “nigimitléfi’ nero afidwiffifi -..
-
less experiment of free,
pendent silver coinage.” Another gentleman
spoke of the silver " 013263 ~ " E in C ombtroiler
Tr h 1 11 d it ' thing, and
en 0 :11 ca 5 a 110150318
likened , it to the efforts of monarchs to “(18
coinages;”
said base it then- "huge deceit," and 9- and 00118850 had been professor “fed
was a
on ‘boodl e , exermsed . m . the 10b)” Of congress ‘ .' ,,
In the face O i thi -S ava 1 anc'e h ~ 0‘ abuse, d}.
rec t 6 d against ‘ a magomty Of the 960919 0f ““8
country, let have the hardlhOOd 1‘0 inquire
us
what dark and desperate crime was sought to
be committed by the people’s representatives
in congress. At that very meetina a Mr . E -.
Eller {1 Anders o 11 its c 11 airman, ' began hm
follows: ’
81);? as
grsgger 12111;: gowtgemitng in congress provides
that vaii‘é :th US$536 giajttess fiiiiig‘f, “31°
unit of in grain:
dollar, and the same may be coined of 4121/,
a: standard silver, or of 25.8 grains of standard
gold, and debts, the said public coin: private." shall be a The legal tender 3130
or an 0" “0‘
PIOVi(¢lies mi“ any owner oasilver or gold bullion
mtedegtosté tthebfime (11:11 any mint 1n the
foghis' bgnemozgif wighgggtggg dong“
or bars ig .
This is the wicked le g. isl 8. t' 1011 age nst w h' ich
th ese comp 1 aints . are directed—a bill which
Passed the United States senate at eacixsession
of the last congress, and which contained the
law it from 1792 to 1873. except that
as was
from 1792 to 1837 there were 3% more grains of al
.
10 y in th e 51 '1 ver d 0 11 at, an d there was no ptovzs- '
Ion . tor the gohi deiiar unt111849. , As honest, as
patriotic. Judicxous, sensible, weil-in
formed a Class as 0‘ Citizen's as as this country as now
holds or ever contained, are denounced
and Stigmatized as cheats and swindiers
because the ysee k th e passaae s (r 0:3 13W WhiCh -
puts the Silver , dollar just whete Washington,
and Jefferson, and Hamilton, and the second
congress placed. it. in the identical position it
occupied tEEust trucxour from 1792 coinage until by 1873, law, When the 1: was
purport.
a
' ' ' ' ' ' ‘ " " ' ' ‘ ' Lin men
W
THE SILVER x QU ES r [ION '
_.__—-————-—
By Henry Jone"
variatimce of ld d 35 .“
Y ’ The 1’ 57° 9"
m bullion . smce . 18.3 , duo solely to zegzszamon
”08“” t0 31'1“”- wheme tome the
The promoters Of the to
single gold standard upon the United States,
depreciated silver bullion in
after having
comparison lation designed With to gold accomplish bullion, through that legis‘ pur
very
9030, HOW Oppose the remonetization 0‘ silver
depreciated. Argument of this
because it is
Ghana" i5 91”de ‘0 as much consideration
the reasoning, for instance, of a master
as who. having tied the hands 0: a
mason behind his back, refuses w set
journeyman
him to work because he is not able to hold a
would
trowel. Pertinent . adee . . these cases
121
seein to be, to the mason, to cut “the cords
which bind his workman and give him
oppor
tunity to show whether or not he could lay
brick well he did before he was
as as
ti e d u 1), . and to the g. 01 d men to
repeel the legislation . . whlch. . since 1873. ' has
deprived Silver bullion of its right of free
coinage bullion would into dollars. not be worth and then as much see in if 1891 silver as
1:33” ' In ‘ 1873 ‘ under the same tree comage '
But these old 1 . l , that
g wo rs upers, w 10 are in
condltlon _ ‘ of gi-aet ' and despondency on account
of the depreciation of silver bullion, as the
the supposed would proba
employer in case
biy be in consequence of the crippled condition
of the bricklayer, refuse to admit that lewisia- v
degree responsible for such de
tion is in any
preciation._ On the contrary, they persist in
the -assem°“ that the 301d price 0‘ silver
bun?” “310"", because. and 011W because, or
the Increased output of silver from the mines.
Upon this proposition the friends of the free
comage 0f bO‘h metals j°in issue squarely, and,
though the burden; or proof rests With the gold
men to show that increased production of sil
ver bullion ‘ has influenced ' “8 ' p rice, ~ the onus
probandi ‘5 waived and they stand ready to
pr?“ that the output 0‘ 3‘1"” has been a very
“WWI’OI'tan‘ factor, ‘f, factor at all, in deter
the of silver bullion.
mining price 0f the _ 01‘
It dum‘g any genes years pm"
“her . bullion has fallen on account and in
conse qbence Of an increased Silver product,
then an increased output 0f gold should have
been {Oll-owed by alower rice for gold bullion,
p relatively, beating
or_what isthe same thing in
mmd ”1° fa“ “h” .“m Price 0* 801d bullion price is
fixed by act of parliement, a. higher 101-
3‘1““ bulll°n_that 15 '50 say, if a gertain fact
in respect to the produetion of silver results
necessanly 1n aiowu price for silver bullion,
then lower for gold bullion should be
a price resultant Of this feet When
the necessary same
connected With the production Of gold. But if
it can be shown that a .much greater increase
(than that relied upon in the case of silver) in
the outpnt of'gold did not change the price of
801d baillon, respect to silver bullion, at all,
“‘9“, “1694'. In ‘1‘!“ the reduction of the price
1“ ‘3
0‘ stlver b91119“ must be due .m some other
cause than its increased production—and this
is exactly what appears from the record.
From 1545 for more than 300 years the am
yield silver greater than the
nual of was am
nual yield of gold, and from the discovery of
America PrPd‘EWF’“ lip ‘70 9f 1848' g0” Chevalier and silver estimates fOI‘
the “5
033W:I(1011§£8$2;3626’000Y000; ‘ n I ’ )6 average price 5?”er 0 3‘ $515,705,000,< vet blil‘
lion . an 15372:. 01n~e inclusive?§h‘g m . L ud ' aZSLI§u§92§°ghfi ’9} , , ‘ “13.2:
1849
to
spective inetais was as follows: Gold, $2,525,
000,000; Pricetot silver. 311?” '81,0}5,600,000. Was 5% pence- In 18725 During the
flvemge “iii: :ivvu?;1:);s ogfuigarzgligarzfasdi 1113;” X33115};
_old in the quarter of a éentury than for:
more
Sublic ebts must reputation be? settled that they With insist the ”best that
money," that ‘5 “the money ““011 i5
Worth the most," 1°“ the taint Of repudiation
should linger somewhere “b0“ the PUbliC RM
ments. They were never known toe ° in p 1 3“” ' 1
glfleitgfcgisoigf PSiTiglfig: 3116?, m - eonsequence
daV‘y'b‘“ When iiégciifiifig‘figyv822u:
every
prospect that the debtor may have a lawful
Chm“ heme?“ ‘EWO kinds 0f money, the!
Clam” for bgl§1amon to co??? mm to pay m
glheghgizrfi cg;nila§h;“gt}d“ $30“! than 110
calledlugon pagywlhgg heli‘ifadeehi‘: (:31:
be to
traet. Naturally enough these peopie that
say be
ail_m_debtednsss of the government must
Paid in goid enly.
T113 Unwed States are iegallquuitebly‘and
$2.5m y‘bound dto pay. all their obligations .
confiraflgnfiff‘l’lf,fg‘tclfefvgg‘e mi: 9:223 gittb?
. Oneppemgy
p
the duty of the government to
pay
more than the contract calls for either by pay
ments in more dollai's,_or in appreciated gold
com when Silver satishes the obligation. The
Ugh“ of the peoPle' Wh° “7b“
pay, “’9 9‘7”?
as sacred as those of‘the creditors who receive,
and 1t 13 not the busmess Of PUWC officers, the
ser’vants of the people, to dexraud either party.
It Is theii‘ duty, moreover,and their plain duty,
to see to it that no more‘publio money is paid
23:033t5?21:2355‘; pghcfogh‘tgghons thus in is
to 121w. ' y 53 15 y em 36001‘ 8
bonded TWBDPSFfiVO indebtedness . years ago of the the government great bulk of wasin the
the tom; of what were known as “five twen
ties. They had. been negotiated at aiiiscount,
$211136? .pay:4.u.e m' “lawful inoney." that
hybejr, 11115: treasurly note», or greenbacksm
whi tengexz fgr aeiag‘tlgfiéigazmrgirit‘b‘eena ‘13: re 9. legs:
intgrest " 65.x 233%
customs dues and on the
debt. In March 1859‘ after all these and
bonds had been sold by the government
had become private property, the 001‘31‘033 W33
Induced to pass a law called, “An act to
strengthen the_ public credit," making these
bonds payable coin, the 3019 object Of which,
in
Intended the and value affected, of these was obiiuat'ions to materially in the in
crease ‘5
hands 0‘ the“ ' owners, at the expense, 0‘
course, of the ”“9533”
It IS reasonable to suppose that these bond
holders would ha.” been satisfied With this
gratuity, amounting to at least 30 per cent of
Elbe“ hommgs’ tendered them by a free—
aqded and liberal congress, but the ease With
thh they changed a contract payable in law
in! money to one to be satisfied Wm} coin stim
uiated them to a further aiterati on and viola
“01} 0f the contract, so that all government
?bl‘gati0“5.mu3t.be Paid in gold only. Noth
mg stands in their way but the law of tho
land.
The act of Merch 18th, 1869, "to strengthen
the public 0‘96“." declared all Obligafionslot
the government payable in coin 01‘ its e'quivad'
lent unless where i“ was expressly WOVM"ti
that payments might be made "in lawful
money or other cxirrency than gold or silver."
The next leglslatlon on the subject was the
get of July 14th, 1870, um authorize the refund
mg of the national} debt." which provided for
payment of pubhc obligations “in coin ot the
present standard value,” that ‘5 Of the stand
and value 9f J uiy 14th, 1870, which gold
was a.
doliar Of 20.8 grams, or a silver danr OI 412'”
grams. The 3013 Of January 20th, 1871, amended
this 30‘? in a few nou—important particulars.
There further legisiation prior to the
“’35 no
silver \Vhile demonetizing the Silver don“ aCt 0f was February in adexnonetized 12”“ 1873'
:11?) Susi’ilédiigT condition, that is between
e ruary ‘ d i 3: "uld February 28, 1878 :1 con
gigisidgasget ‘ H “112:: t ?;SH ‘ ‘ 3:13 $31301? 1’4); 218.30 mt? It
_ Jug:
merits,” which declared that and
on
Shellnwdemn January 1, 1871?, the the outstanding secretary of greenbacks the trnnsury “In
5:113:12 221111;; gt‘lghgrfimgg . zuiiigilzlgé'oflyltlifladugi
0f,JuIS:b{14. 1370, lib 110'- 1655 than 1“”. "in
"“W—W
TH ‘ m VILVE ___R__9‘____8 UE T ION . ,
3! 1mm“ Jogng,
'l‘rom Th. ' Atlanta. ——————-——— con” "m‘m' ,
I. The Importance of the Issue—Our Gold an
tsawr Home u up “1373 .
The Eravity of the silver question cannod
well beover-estimated. Coined silveris
money;
'money is a tool of trade; trade is the process of
rcxchange by which the ever varying and con.
vltantl! increasing necessities and desires of
’men are satisfied-necessities and desires
‘bonn dad only by the apparently iilimitabie (10
‘mafids of civilization. Without
an expanding
«money there would be no trade except barfier.
and little barter- save that necessitated by
the absolute and altogether indispensable re
~quirements of mankind. A n y question, there
fore, which involves the denial or impairment
,of the right . of either of the Era“ money
metals to discharge its full duty as money, is
of prime importance, not to be dwarfed by
-one its
*comparison with any other issue, since (19
termination affects every person in the com~
amunity—not incidentally and occasionally,
hut directly and at an times.
It is only within a few years that this ques
ftion £33816}, . has been 30f of titlhe nractical United importance States; to the
?egisfatifii :1: tile t 1: :e?tfig;1t$;:1p b 1;; (1183:???
:03?“ to the suspeneion . offi specie . payments
t tungsof, yveJ beiore and after such,
z 2 As as investigation as and argument
With 1330 men . Spbsegqent and grow out of
118 {ire to
v-sueh legislation, n 15 the natural orfier to in
'fl‘lldle 3th“. was the legal status of Silver before
E1 a t e tune of such legislation; What was
11:3;“5133 ?:tgzedgvzgmggfdand what evus,
During . the colonial period rt. w); used both gold
and silver as money, as they had always been
used, asfar back in the history of the world
.ssthere 18 _any record. Though subjects of
t Great Britain. it was not so much the
do} En§lish which pound the colonists as the preferred. Spanish milled Of all
31',
come now in existence, this siiver dollar is the
one of either metal m ost familiar to m ankin d ~
Long before it came to us from Spain the“thaier," it had
been coined in central Europe as
and it was recognized by congress durina the
":evolutionary war as 'the unit of value. 5This
was the status at the time of the ratifi ca“ on of
the constitution, in which regulate power the was given value
congress “to com money.
thereof, and of foreign coin,” and states were
ioljbidden to "coin money” or “make any
vthmg but sold and silver coin, a tender in pay
anent .of debts.” In the performance of
“.3 Fla“? dutyv’ the second Passed
congress a
?bxll entitled, “An act establishin g a mint and
aegniatmg the coins of the United States,”
which became a law AP“ 2, 1792’ having been
approved’by Washington. At this time Ham—
ilton, the federalist, secretary of the “9%
was
my, and J efferson, the democrat, secretary of
state. The former, in his report to congress.
.upon Which this legislation was based, recom
mended the double standard, and said: “To
buihond were _ 0 and1 P911 f Sillver 1:99 1 .Y t 0 bullion. t h 9 holders Dollars of
s ver_ a“ mu t1I’ ‘33 0f dollars in gold
ahdke legal Them? for 8911 ‘debts,
txdefrhviatgi' , coi: 6:330, migh” 1W"
t 0 Ln most com en—
. If for an y re ason, or no reason at all.
one kmd , stood of ready money was take scarce its place 0,1,0,”de d6
other to and
mamPaining “l“mes beiWeen del’tor
:13) 2:30; 1:120” andfritghimodtities. A'iter
gcgiirfsgg tls Pet? 80:3 egpanty.
came “€61 thisollc}: gaiiytimurb: l
completely Sunder gthis slag? :33
relationship. What was
passed? '
and how was it
__.___
. II.
silver was demonetized W m. act of
and the revision of 1374.
The silver dollar was demonetized by the act of
of February 13, 1873, and. the revisit”, 0f
staltutes of June 22. 1874. The country bad
'1!!! passed thmhgh an exhaustive and costly
indebtedness._fedem1’
a volurne of state,
municipal and pnvate~was enormous,
WWW greatetthan ever before. Specie pay
the had only been suspended circulation for mpre being than ten
money m green.
bank notes and fractional cur
Resumption had was been intended made and 0? date expected, fixed.
. :1: (:1 X13: ggbvs; $0151? on. 3.131 u :11Vt:§ go dollars was at
considerable . prernium Compared with paper,
Sliver was slightly higher than gold. This
also, more than any other nation, was
of both gold and silver bullion.
Bearing this situation in mind, is it to be
or does it comport with the intelligence
business sense of lawmakers to believe, that
would intentionally and deliberately de
wtllliiecrkebthlsdaoumry - - was the
h'eavy burdenzflim e: gory 1“ ES
to the ?)mous pub
and private indebtedness? fume tiiia
and the eflect of
unfortunately, no doubt, but. there
evidence of concurring deliberation and
no 0n.the part a 0! c°“%"ess. 0n the con-
153 Illowiacliis of test mony t9 prove that
mu ‘ehzs dthll was a part of a conspir
involvingomer . countries thzm talgutrs’ and m
No time foreign for tampering as well as with native the cnofnage laws
have been more~ propitious. Whether
we
P{l 901m? and statute. bimetailism or
hsm3the . single or double standard, free
c1033; gxfiggh ‘52:: ?lfo tn21¥§p19lttance' The
(lidu the, so peep 1°
not interested coinag'e in nor egraifi‘fifin
about qui laws then circulationy
our specie been in of'
It was Shot to suspension andis now. the act
1;? a'iffijggiedw‘tgma have been voted 1:115:33 upon £335“ without 93“" the
13%;:
git. cimmgsmentaéiyggg
under me peculiar achom—
piish their object against without silver enlightening were able to
congress
01' the public, and without an invitation from any
to do 50- *
W
THE - SILVER ' A QUESTION:
“‘““—“”
By Henry Jones
”*7"—
III.-—The Conspwac'y Agamst Silver.
The ori E inai cons P irac Y a E ainst 8 il var b 652m or
m EMOPG’ but in “'5 iqcepfion the metal at"
:Ecked was geld’ Mt qur' The occas'mu 9t
the .dxscovery of gold
61' Onsleaght was In
C a liorma. and A_ustraha. For more than
“?m centuries pm” ‘0 thxs . tune the annual
yield of silver had been more valuable than
that of goi<§, but the marvelous output of
these neJ mines completely reversed the pr?
portion. 50 that 13113 decade ““3““ WW 1800
ahogved a nroduct of nearly $2.000,000 more
801 they: ‘SKXive'r. and the (iifterence was in
creasing wit ) e.toh year a mining.
to’lt‘lhls tshtidezi and very omgidetable addition .
man: 8691122. mime: , exc IA be 61an eiarmed the
5b ea 6 o urope. pinions ot the
pro b 1a 16 future yield of Australian and Cah
varied,
format: gold mines one calculation
being that the annual output would soon be
$350,000,000. d These C 1. apprehensions - his . u Fall were of Gold, 61- ‘
£838; 1- b ")1 \I . . hevs 1?} , :11
’— 3; Vho said. Tl“) quantity 05 801d
annua; y thrown on the general merket ap
Eggs: ‘ 912;: s. (3g) f0; fiuag) , . nuUTl‘DetS. 2859 ' ta wo miliard countries of
must yet, 9. long series of years, produce
gold in such quantities and on such con
ditions as to render a market (10 0 ii be
in its 1 manta . . hi I ttsabsolntely . certain
\a Y 119 6..
that 80 “?St a production .should be accom—
Demeti With a great reduction m value. In no
direction outlet be sufficiently
can a new seen
lairzeltio thh absorb the extraortlmary- Wlmessmg’ _- production . to
0 go wean: now so as
preventa fall mus ”1318' .Unless, then. we
possess a very_robust mm} m the immObmty
of human affairs, we mnst regard the fail in
gold event. for y'vhmh should
as an we prepare
leglout loss have Of time. the keynote _to the whole
ere we
scheme of detnonetizatlon, and in accordance
thh “3 Austria. and Germany actually d1d - de
monetize gold. NOW. Cheveliery Who Effie"
wards became as hostile to 5‘1“”. as 1’9 W38
then mimic?” t0 301d! had ”.0 prejudices for 01'
against either metal. film compiaint was
that getting too abundant,
money was
an _h9 attaeked gold because
M that time it Promlsed to be the more plenti
f“! for the future anci ”“0“” could be made
sczgcer by demonetlzmg 801d than Silva" Let
"3 efememb’m’d that this attempt at damage.
“mg“? Whether ”mm? at g0” °r 5‘1”." 1‘“
tiée obJeot—the reduction of
?gecise y isame
e amcfim ° metallic 11101.16)? In order to en
h t of that be
S U PPLEMENT . -’
W _——.~
The f0Howing ietters on the SILVER QUESTION were prepared by Mr. Henry Jones ’ who has made a s p ecial stud y of National ' finenees, amt who is probably the be“ ”mm“ man 0“ this Darfieuiar s u b' l~ ect m ' e 0" ' he latt6t‘8_wereprepared for the
?TLANTA CQNSZITUJ'IIJN ». _ to number of in uiries received b that f I ‘ ' uestnpn. ' Mr. Jones letters clear Insight Into the history of silver le islatio ' th' agamst Silver, resulting i“
m ‘ demonetizanon i375, m r response and , the result a thereof forms (i d bl h t a P er h' Ich or an . particularly ex P_ ana I0 n 9 interesting e gver at this tame, when the whole country give a is clamoring for financial f .g n m Is Ledntry. The conspiracy
m , a very_rea a e 0 ap er, w IS '
the great mass of the reanle The I tt h