People's Pilot, Volume 4, Number 18, Rensselaer, Jasper County, 19 October 1894 — LET US TRY. [ARTICLE]

LET US TRY.

This Country Can Restore Silver and Other Countries Will Soon Follow. The urgent reason for closing the Indian mint to silver was the then prospect that this country would suspend the further purchase of silver, and no one doubts that if we open our mint's to silver the mints in India will be reopened for the reception of that metal. The whole of France can be placed within the limits of one of our forty-four states and the territory left would be larger than that covered by the New England states. We are already the richest nation in the world and a comparatively small fraction of our resources are fully developed. The nations of Europe are now using about §1,500,003,000 of silver upon the ratio of I;>X to 1, which must be constantly renewed and which by reason of the increased value of gold since 1873. is imprisoned in the countries that use it, and does not flow into the world’s monej r stock. In view of these facts it is most reasonable to expect that with our industries restored to their normal activity we can, with the assistance of silvercountries, which constitute much the larger portion of the population of the world, give as large an employment of silver as is given to gold by the comparatively small nations of western Europe. With such alluring prospects before us and the example of France behind us, should not national pride stimulate us to make the attempt to walk alone rather than sink down overcome by the childish fear that ive may fail? We are hi the current which is sweeping all gold-using countries downward to bankruptcy, with nothing to hope for but companionship in the universal desolation that awaits them. Let us, animated by the true American spirit, leave the current before it is too late and save ourselves by using all the material which nature has given us for monetary use. We never have had and never can have too much of it. The ignoble sentiment that if we succeed in bringing the metals to a parity other nations will practically enjoy with us the benefits of bimetallism should not make us hesitate. —Henry G. Miller, in Chicago Times.