People's Pilot, Volume 6, Number 7, Rensselaer, Jasper County, 6 August 1896 — Does Gold Circulate? [ARTICLE]

Does Gold Circulate?

The goldbugs say if silver is coined free, The result will be a silver basis sot ear currency. They reiterate with much force of emphasis that free sliver will drive gold out of circulation. That the free coinage of silver will drive gold out of circulation can be emphatically denied. It is Impossible to drive any one variety of money out of circulation un- 1 less It is In circulation. As gold does not circulate in this country as currency, It cannot be driven out of circulation, Tffie money grabbers and bankers control the gold, and when they order it paid out by the banks throughout the country, which is occasionally done for political effect, It circulates. When the bank bosses of New York order the banks to refuse gold circulation It does not circulate Practically there is not a dollar of gold in circula- ■ tion at this time. Therefore, the assertion that the free coinage of sliver will drive gold out of circulation is not worth considering, ffom the very potent fact that gold does not circulate.—Southern Mercury. The Citizen sAys that five thousand workingmen paraded the streets of Cleveland, Ohio, a few hours after Hanna returned from St: Louis, and they cheered —but not for McKinley—they cheered for Eugene V. Debs.

Prohibition I'ulM •• v„. , .Joshua Levering of Baltimore was oa Tuesday evening notified o' his nomination for the presidency of the United Stated by the prohibition party. In aooepting the nomination he expressed -flows fevorabll to b gold standard add the proper adjustment, es the tariff. 4# v*. > " i -\ T i• ’ **** m «•*eq *i tel— po SI iqSg sqt aon