Ex Secretary Schurz Warns on Silver Basis Crisis
Ex secretary Carl Schurz, speaking at Central Music Hall in Chicago on Sept 5, warned that a Bryan win and free silver coinage would trigger a swift withdrawal of gold, panic in markets, and a contraction of credit causing widespread business losses and mass unemployment. He cited 1893 fears and predicted a swift shift to a silver standard, with gold hoarding and economic turmoil.
MENTIONED IN THIS ARTICLE
United States
Mr. Bryan
Carl Schurz
Secretary of the Interior
Central Music Hall
Chicago
Bryan
Congress
St. Louis Globe-Democrat
St. Louiss
Europe
A Plain Talk to Workingmen on Free Silver
The piece argues against free silver and the 1873 crime theory, saying even if silver were minted at 16 to 1 and valued at 109 cents, most could not obtain it without trading labor or goods. It warns voters to reject repudiators and back the best money to revive business.
MENTIONED IN THIS ARTICLE
Bryan
Washington
Philadelphia
United States
Standard of value: gold as touchstone in economy
Senator William M. Stewart argues gold is the universal standard of value. He warns against using any unrecognized measure to test national wealth, calling gold the true measure and warning that departing from it leads to confusion.
MENTIONED IN THIS ARTICLE
United States
William M. Stewart
Copper Money Debate Prompts Legal Tender Warning
The text argues against a copper standard and warns that legal tender paper notes would become the ultimate cheap money solution. It frames the issue as a doctrine of the Popecrats seeking government issuance of paper currency and links this to repulsion of debt. The passage stresses the danger of drifting toward cheap money policies.
Hobart argues for gold standard as value measure
Vice Presidential candidate Hobart contends that the dollar should reflect gold value at 100 cents, urging fixed money standards to protect creditors, savers, pensioners, and investors. He warns free silver could devastate wages, savings, pensions, and insurance beneficiaries.
MENTIONED IN THIS ARTICLE
Hobart
Garret A. Hobart
Great Democrat quotes on currency depreciation and labor
The excerpt argues that currency depreciation harms laboring people who cannot monitor money markets. It cites Andrew Jackson on wages and money abundance and Senator Sherman on fixing metal values and the impact of demand and supply on prices amid new production methods.
MENTIONED IN THIS ARTICLE
Andrew Jackson
Senator Sherman
Free Silver Wolf Attacks Free Coinage in Election Climate
The essay branding silverites as causing economic distress argues the gold standard curbs uncertainty and tight money, urging voters to reject free silver at the polls. It claims debt repudiation fears and cheap money rhetoric hinder investment and industrial progress.
MENTIONED IN THIS ARTICLE
Silverite
Getting Rich In Their Minds
The piece derides silver enthusiasts for imagining wealth via higher coin values. It argues price increases do not create more goods. even laws raising dollar value would only shift the perception of wealth, not actual labor products or output.
Calhoun on silver coinage and consumer interests in 1888
John C. Calhoun argues that free coinage at 16 to 1 would raise silver prices but harm the general public. He contends most people lack silver mines yet buy silver goods, so higher prices hurt consumers. He champions sound, stable currency as essential for industry and honest planning.
MENTIONED IN THIS ARTICLE
John C. Calhoun
Fall of Prices and the Silver Question by Wells
David A. Wells argues that the global price decline since 1878 supports no single local cause and critiques Jasper's sun move analogy. He contends the gold appreciation theory lacks proof and cites labor costs and interest rates, noting silver demonetization alone cannot account for price changes.
MENTIONED IN THIS ARTICLE
David A. Wells
Jasper
Silverites
New York Tribune
First
Richmond
United States
Silver coinage and wages in 16 to 1 debates
A public problem column questions the effects of free silver and the Sherman law. It contrasts 2 dollar days under gold with potential purchasing power losses, asks how coinage would affect loaning and prices, and critiques silver mining as a path to wealth. It also cites Vermont political impact and hypothetical investor returns.
MENTIONED IN THIS ARTICLE
Rocky Mountains
Vermont
Whidden Grabany
Bo Figureq
Scramble to Seize Promise Amid Unseen String
A tense scene unfolds as people rush to claim a promised benefit, chasing details behind a concealed requirement. The urgency reflects widespread uncertainty about eligibility and timing, prompting anxious interest and cautious action.
Figures on Circulation Show No Silver Coinage Benefit
A historical argument debates free coinage by presenting figures on money in circulation across 1876 and 1896. It lists state bank notes, subsidiary silver, currency certificates, national and gold certificates, gold coins, and treasury gold reserves. The piece cites Alexander Hamilton on the relative stability of gold versus silver under changing values.
MENTIONED IN THIS ARTICLE
Pacific Coast
Sherman
Treasury
Horse Nonsense Reflects Economic Paradox in Tribune Quote
A Chicago Tribune cartoonish remark features a horse declaring price parity with a wage earner and compares bicycle value rising. The piece hints at farmer concerns about money value and inflation in a satirical frame.
MENTIONED IN THIS ARTICLE
Chicago Tribune
Also Mentioned on This Page
Schurz
Uncle Sam
Savings Bank
New York World
Oting
Thankind
Alexander Hamilton
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