People's Pilot, Volume 3, Number 42, Rensselaer, Jasper County, 6 April 1894 — It May Do Good. [ARTICLE]
It May Do Good.
As we have already pointed out, there is only one thing about the B and proposition calculated to make a real friend of the bimetallistic cause view it with complacency. There is some reason to believe that the spectacle of a treasury holding over five hundred million standard dollars may have a tendency to suggest that it is financial suicide to deliberately lessen their value by hostility to free coinage, the only measure which can arrest the further decline of silver and restore it to its old-time position. We repeat that unless free coinage is soon adopted the minting of the silver bullion owned by the government will be a mere waste of time and money, for without such support silver must inevitably continue to fall in value until it ceases to be worth much more than paper. At present the silver dollar of the United States is a mere token, and for all practical purposes might as well be tin as silver. The stamp of the government on a bit of the former metal would make it as acceptable as a stand--1 ard dollar.—San Francisco Chronicle.
