People's Pilot, Volume 3, Number 32, Rensselaer, Jasper County, 26 January 1894 — A Gold Standard View. [ARTICLE]

A Gold Standard View.

If the Voorhees’ bill becomes a law no pecuniary advantage can result from the operation. All the silver dollars, and certificates and treasury notes are fiat money just like the greenbacks, and the government is obliged by the unrepealed terras of the Sherman act to keep the entire stock of fiat money on a par with gold. To add 853,000,000 of coined silver to that stock would be just like inflating the legal tender notes by that amount, with the difference that the country will not tike the new silver dollars into circulation.— Seattle Post-Intelligence.