Springfield, Ohio, August 5, 1896.

Contents.

Objections to Silver, and Comments Thereon.

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Silver is too bulky for use in large sums.

That objection is obsolete. We do not now carry coin; we carry its paper representatives, those issued by government being absolutely secured. This combines all the advantage of coin, bank paper, and the proposed fiat money. A silver certificate for $500 weighs less than a gold dollar. In that denomination the Jay Gould estate could be carried by one man.

But silver certificates would not remain at par.