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Why The Distinction?

Why The Distinction? image
Parent Issue
Day
5
Month
August
Year
1896
Copyright
Public Domain
OCR Text

In a large proportion of the mines now worked in this country silver caa be profitably produced at 60 cents au ounce, and it is now selling at a trifle over 69 cents. The iree coinage people propose that the government shall take this silver, and by coining it, give it a purchasing or debt-paying power to the owner of $1.29. Who gets the benefit? Not the government as it did under the old coinage acts. Not the people generally. The mine owners alone. Why should the government, that is, the people, confer such a benefit upon this one class of producers? The silver product of the country in 1895 was actually worth about $33,000,000. The copper product was worth 838,000,000, pig iron 8105,000,000, soft coal 8115,000,000 and the wheat product, even with small yield and low prices, was wortb, in the New York market, over 8300,000,000. Why should the government doublé the value of silver to the mine owner and leave the other producís to take their chances at commercial rats? Among the Democratie papers that have bolted the Chicago platform and ticket is the Louisvüle, Ky. , Evening Post, vvhich uses the following vigorous language: "That the ticket named at Chicago will be beaten is as certain as the sun shines today in old Kentucky. Secession,revolutionary action, anarchy and free silver can never be the watchwords of Democracy."

Article

Subjects
Old News
Ann Arbor Courier