Democratic Sentinel, Volume 19, Number 23, Rensselaer, Jasper County, 14 June 1895 — Five Propositions. [ARTICLE]

Five Propositions.

Secret ry Carlisle, in his speeoh at Bowling Green, Kentucky, formulated five | ropositiens that sho’d h ive the careful consideration of every man who is interested in sound money. The propositions are as follows: hirst There is not a free coinage country in the world today that is not on a silver basis. Second—There i 8 not a gold standard country in the world toi d«y tuat does not uie silver as money along with gold. Ihi rd—There is not a silver standard country in the world today that uses any gold as money along with silver. Fourth—There is not a silver standard country in ihe world today that has more than one-third the amount of the circulation per capita than the United States has Fifth There is not a silver standard country u the world today were thelaboring.man receives fair pay for his day’s work. n United States could coin a 1 the silvei in the world available for coining, th 371* grains of pure silver contained in our Silver dol ar would be worth, in this country, ns much as the silver dollar, but the silver dollar itself would be depre°'a„te4' T hft Mexican dollar, with 377.17 grains of silver, or six grains mote than the Am rican dollar, is worth only about fifty cants oi our money. That would be exactly the effect on our silver dollar if we coined for private account free all the silver brought to the mints, il we can, by making the ratio sixteen to one, make a silver dollar to p ss as one hundred cents, when it is only worth fifty cents why could it not be don? at a ratio of ten to one? “Before free coinage of silver can be Drought about another congress and another president favorable to it would have to be elected. This would certainly take three years, and before hat time ever creditor in the country, seeing the coming of cheap money would call upon debtors to liquidate before the cheap money was lawful, which would briug upoo the country a panic,—compared with which all other panics were as nothing.— Iu 1806, when the Spanish dollar and French crown were made legal tender and were slightly under weight, it drove all the full weight American si’ver dollars out of the country so that Mr. Jesse. son stopped the coinage of tne silver dollar. TLe subsidiary coin was also driven out because of fall fractional weight, and the coins were slightly reduced in weight in order to held them in circulation.

Fuddy - Strange that the rejected lover should so often take to diink. * Duddy—l don’t know. It is only a change from sweet to sour mash. The elephant 1b commonly supposed to be *, slow, clumsy animal, but when «Wbd of frightened can attain a speed tehaif 7 mU * a *» hour and. keep U Mu A Bp?