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To Coin Uncle Sam's Money

To Coin Uncle Sam's Money image
Parent Issue
Day
14
Month
December
Year
1892
Copyright
Public Domain
OCR Text

A propositioni lia.s (.ome f rom a gentleman who is secretary of a Montana silvor mining eompany to the Y. 8. government to make any amount of uuif.h bettèr silvcr dollars for 90 cents a piece than are at present in use. He fcakes tlw1 posltion that, (ountiiiff silver at 85 cents per ounce, the intrinsic valué of a silvcr dollár s oiily )-í .71 cents. He -voulil ]int fn euU doUar 40Ö gratos of pure silver, wliereas the presrait do'.lar only contains 371 1-4 grains, and he vroulél flumber and l&tter eacüi coin so that the fïoveimnent woulil not be compelled to redecía duplk-ates, a saíegmaid and nrsleuted. Hle aeserts that he would reap a proíit in coining whïle the priae of was anywhere nader 129.29. The letter adds : ' -White it has always been possible to recognize counterüelt papei money tüi present silver can be purrhased at a proflt of 53 per cení, aml a coin that cannot be detected ïhis is true of silver money, wliether foreign or American.; Now niy proposition is tx either wlthdpaw the present silver money before the exeess beeomes so ïafge that it -ivill bankrupt the government to reilecm it, or combine wlt-h foreign powers, who are equally in danger and make tihe oíd standard of value of 1.2929, whlch wül make a coin that cannot be counterfelted without the use of base metal alloy, wbich is easily detected, and for which the government will never have to pay face valuie." The Miner electoral law ought to be repealed. A short session of the legislature, with business from the bezinning to th!e end. TKat's what the ieople want. Renew your subscription now and receive .as a premium tJiat magnlficent 16-paige paper, the Farmers' Friend, of South Bend, Ind. tf. Tlrere ís no deficit in the treasury yet, but thère will be long before the pre:nt billion and a half dollar House of Representativos gets through making misappropriations. JIr. Cleveland has purcliased an immense waste basket and put it to tQie special use of holding the letters eontainin'g applications for ofiUe. The faithful will picase govern themselves accordingly. They need not waste tlicir stationery and time. Tlie eounting out of Congressman Belknap in the fifth district and placinig in his seat such a man as lïichardson, is not only a loss to that district but to tüie state as well. Congressnmn Belknap is a worker and one who is appreciated by all the people of Michigan. The monetary conference now in session at Brussels, will probably adjourn untü next spring without taking any action, or doing a thing except.giving each member thereof an opportunity to air 'his viewg. More business and less opintons ■would benefit the nations these delegates represent. It is understood that Grover Cleveland has liired the noted prize fighter Muldoon, .to put him in training, and reduce hls s-uper-atmiidant flesh. Mr. Cleveland need not go to that trouble. The thousands of hungry office seekers will reduce liis surplus flesh more tton forty pounds if lie will give them a cluance. The atcion of Carter's Little Liver Pilis is pleasant, mild and natural. They gently etimulute the liver, and regíate the bowels, but do not pui-ge. Thcy are isure to ploase. Try them.

Article

Subjects
Old News
Ann Arbor Courier