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VOL. 2, NO. 51. SILVER CITY, N.M., WEDNESDAY, Jib 22, 18. 'ICE 5 CENTS A VOTER IN A QUANDARY. A Philadelphian Seeks Light on Silver. Tim Kxpliiimllon Ulvwi by th Nw York llornhl Would Nlmiiif mi InitMM'llr. open mints to back it, íh tliu sum ami substance of the Chicago platform. It cheats no one it pays no man's debts in fifty-tliret -cent dollars, for the stan dard silver dollar, of the law of 1792, of the resumption act of 187"), and of the Matthews resolution of 1878, is a dollar of 100 cents, measured by the fairest standard the world has ever seen the standard of day's lalor in the wheat or cotton field, or betw'een the rows of corn. "I nm in a quandary," writes a Phila dclphia reader of the New York Herald "I ili nm iiniliTHtiiiid the merits of this contest over Hold and silver as tin main issue in the presidential campaign, and unless some good Samaritan conies to the rescue it is most likely I shall not go to the polls. It is no exaggeration to say there are thousands in the same lix. This is a call for bread. The East is hungry for genuine information on the relation of silver to gold in the nation's currency. It has read of "the existing gold standard, " as the St. Louis plat form terms it, and it has not stopped to question the basis of Ibis glittering false hood. It lias forgotten, if it ever read, tie Matthews resolution of 1878 carried through 1k)Ii houses of congress by a strong majority which declared lhat all the Ismdsof the United Slates, is sued or authoricM to la-issued bv acts of congress, are payable, principal and interest, at the opt ion of the government of the United Stales, in silver dollars of the United States, containing 412.5 grains each of standard silver, and that to restore to its coinage such silver coins as a legal tender in payment of said Itonds, principal and interest, is not in violation of the public faith, nor in derogation of the rights of the public creditor." The status of the silver dol lar is not, therefore, open to question, and every journal anil campaign orator who follows the lead of the St. Louis platform by making use of the expression "existing gold sia-idard" is guilty of a lie. He attempts todeceive the unwary, to justify the treachery by which suc cessive secretaries of the treasury have transferred to alien money brokers in New York the option which by law and equity lielongs to the people the right to redeem anv and all the obligations of the government, save a few millions of gold certifícate, in legal tender silver dollars. '1 he resumption of" this right, with Mark the ignoring of truth ami the propagation of error which the Herald combines in giving a stone to its Phila delphia reader: ve 'hatthe mints of Paris, India and Vien' are coining the same into legal tend r tokens at the high valuation of 15.5 to 1, and in this case expressing the relation of gold. Does the Herald for a moment sup isise that the ottening of the American mints to free coinage would at once shut off the desire of Austria and llustda to replace their Hat paja-r currency with silver eoinsV Would it change the cur rency in India, South America, Pacific islands, China ami Japan from silver to copper or from silver to gold? If the Herald will admit that a decrease in ine Mpnia rcaoer: , ., , . . , . I American snnnlv of silver at London tree, un. unite,, an, , pe , u coinage at sixteen o one would ... . , dollars worth only hf.y-three ' 80urce does it derive the statement that The wage earner and the man on salary ftliilv,r dollar would remain would be pa.d u. thee, thus culling n.s , . nieMnni ,,y income down nearly one-half, and every debtor could pay his creditors with these depreciated dollars. If it ever U'came evident lhat the American ico ple were so dishonest and so foolish as to adopt such a pojify there would lie a rush to anticipate its effects. The six hundred millions gold in the country would at once be hoarded or exported, and this enormous contraction would precipate a panic, with all its dread requel of prostrated business, idle in dustries am, unemployed laoor. in me crash and in the sehseqiient readjust- ..i. i.., ti. i in. iIi'ih'i-i'ÍuLimI rurreucv Hie rich would gel richer, the poor would lie poorer than ever, ajd it would re quire a generation oí organized agita tion to bring back wages to their pres ent purchasing (tower. The exports from New York for the week ending Julv 10 included $215,7112 in gold and l,40:i,02 in silver. 01 course, the lailer was in silver bars, and l he val in expressed in dollars is the gold value ol such bars. Will the Her ald lie kind enough to state to its Phila delphia student why that silver went abroad? If spoona manufactured on a i.,.uo i,r .vt i-.iiiM win- wooii to Ik' trans at lifly-turee cents 'as measured by gold? There is not on atom of reason lor any such statement. The Herald might just as well say that if a cyclone des troyed the entire American crop of wheat so that not one bushel would re main ior export, the market at Liver km)1 would fall to reflect the loss, and wheat of Argentine, Australia, inuia and Kussia would sell as cheaply as the day la-fore the lo.s was made known. Cut off the export of American bar sil ver to London by iqieniiig the American mints to silver at 1 to 1, and the ller other of the goldbng prevar icators miulit safely be challenged to supply enough lifty-tbree-c.ent dollars, fiom old spistns or otherwise, io nu a cover for their brains. What would it profit a man or govern ment to melt down silver now in ciien luliun at 15.5 to 1 in order lhat it might Ik- minted in new form at 10 to I. No laTsonbutan imbecile would suggest the operation. And this is the sum and Hiib.-iance of the ilumpinggiound theory. If, as the Herald says, ihe opening of the mints to silver wo ild make the rich richer and the poor Hsrer the public well knows that Ihe Herald and ilxmci- oasis OI M crnm mi-iv n...... . formed into bars worth 100 cents, it ropolitan contemporaries w mid bust would seem that sioon manufacturers and not the brokers of London would be purchasing our silver product at the rale of $50,000,000 per' year, while the ...in.. ii n. nroducini! less II lili I IVfll. I ltrvan at the heads of their columns and out-silver the sil veriles at advocat ing free coinage. He who lies loo glibly advances the truth. Denver News. HtiiMimery i It Kliiiln "." i HtutloniTjr mi than $:0,000,0O0 per year in the white , 0mift ftt i.orU,, HHd's. I HhoiiM know and I . IIIVl 111 II' probably does know that London brok- p,)n't read our neighltor's pajier but ers have orders in advamv for this sil-1 ubscrilte for fiiK Eaiii.k.