People's Pilot, Volume 2, Number 52, Rensselaer, Jasper County, 16 June 1893 — Page 4 Advertisements Column 2 [ADVERTISEMENT]

different his reception last week at Kokomo. There he appeared before the grand jury charged wish a great crime, there by a jury of his own party three indictments were found against, him. Of course a man should be regarded innocent until positively proven guilty. For the credit of the state,- for the good of the church we hope Gov. Chase is not guilty. If innocent he is certainly “soft” for he has, like old Tray, been in very bad company. He has allowed himself to be made a tool of. Be it as it may, Rensselaer will never honor him again as it did the 25th of last October.

A subscriber writing from lowa is desirous of knowing the value of the bullion contained in the silver dollar. The pure silver in a dollar is worth 64 cents, 26 less than it -would be worth if the country had free coinage of silver. When silver was demonetized in 1873, the bullion in a silver dollar was worth 3 cents more than that in the gold dollar. The truth is, viewed from a free coinage standpoint, the owner of silver bullion loses 36 cents for every 371| grains of silver (the amount of pure silver contained in the standard dollar) he sells; so that to get a silver dollar coined it costs him 36 cents. Still the administration persists in its efforts to demonetize silver. It would rather issue bonds, thereby placing a heavier burden on the shoulders of the wealth producer, than to exercise goverment’s prerogative and issue full legal tender money. We* must have more money. Free coinage would largely increase the money volume. Any deficiency should be made up of government issues. This bond issuing racket should not be tolerated. It is not only not necessary, but harmful, destructive, crushing!—Nonconformist.