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Why The Distinction?

Why The Distinction? image
Parent Issue
Day
29
Month
July
Year
1896
Copyright
Public Domain
OCR Text

In a large proportion of the mines now worked in this country silver can be profitably produced at 00 cents au ounee, and it is now selling at a trifle over 69 cents. The free coinage people propose that the government shall take this silver, and by coining it, give it a pnrchasing or debt-paying power to the owner of 81.20. Who gets the benefit? Not the g-overnment as it did nnder the old coinage acts. Not the people generally. The mine owners alone. Why should the governrnent, that is, the people, confer sueh a benefit upon this one class of producers? The silver product of the country in 18'J.ï was actually worth about 833,000,000. The copper product was worth 838,000,000, pig iron 105,000,000, -soft coal 8115,000,000 and the wheat product, even with small yield and low prices, was wortb, in the New? Yorlr iwai'tet, over 300,000,000. Why should the government doublé the value of silver to the mine owner and leave the other producís to take thelr chances at commercial rat,ys? Araong the Democratie papers that have bolted the Chicago platform and ticket is the Louisville, Ky., Kvening Post, which uses the following vigorous language: 'That the ticket named at Chicago wil] be beaten is as certain as the sun shines today in old Kentucky. Se cession, revolutionary action, anarchy and free silver can never be the watchwords of Democracy."

Article

Subjects
Old News
Ann Arbor Courier