30 



THE AMERICAN APICULTURIST. 



people, promptly closed their mints 

 to silver, and the allied brethren of 

 the "Latin Union" acted with them. 

 There being then no market for sil- 

 ver it became the foot ball of specu- 

 lators and brokers. Amei'ica then, 

 under the paper reghne, had no use 

 for it. When we were preparing for 

 resumption, it was discovered. Presi- 

 dent Grant, in 1875, resumed the es- 

 tablishment of more units to coin silver 

 and then found there was no law for 

 such coinage. A monetary commis- 

 sion was called in 1876 and their 

 report has been called the most com- 

 plete compendium of monetary sci- 

 ence ever pubhshed. 



Congress passed a law providing 

 for the free coinage of silver. Wall 

 street and the money bags protested, 

 and President Hayes vetoed the act. 



A compromise bill was then passed 

 providing for the limited coinage of 

 silver dollars, and our standard dol- 

 lars, making them a legal tender for 

 all debts. 



This fails as a remedy while it 

 gives us more specie. It fails be- 

 cause it does not restore silver bul- 

 lion to a like equality with gold bullion 

 in its relations to coin. 



Free coinage, an open jnint giving 

 standard coin for its legal comple- 

 ment of bullion, can alone give us a 

 remedy. 



When the mines of California and 

 Australia poured their wonderful 

 volume of gold into the world's cof- 

 fers in the decade beginning in 1850, 

 gold did not decline because the 

 Bank of England was bound by law 

 to buy all gold offered at its coin 

 value 3^ 17s. pd. per ounce. Its 

 production was vastly greater than 

 silver. 



Have we a redundant production 

 of silver now? The production of 

 all the world's mines was placed at 

 $115,000,000 for 1885 and of gold 

 $95,000,000. Our own country pro- 

 duces more of each than any other 

 country. Of this $115,000,000 of 

 silver, a vast amount variously es- 



timated at from 25,000,000 to 

 $40,000,000 is used in the art and 

 for plate and ornaments. $25,000,000 

 were imported in 1885 into India 

 alone, wliere silver is the only money 

 of its vast population. 



This paper, already too long, can- 

 not cover the ground. We wish to 

 show that a base conspiracy against 

 the interests of the people is giving 

 to the money monarchs, who hold 

 the evidences of the vast debts of 

 nations, made payable in gold coin, 

 principal and interest, a grasp upon 

 the industries of the world, worse 

 than that of the devil fish. The 

 Rothschilds and allied bankers in 

 Europe now control the nations 

 there, for they hold the purse strings. 



In another paper we will show, if 

 permitted, that the law of supply and 

 demand in no way regulates the 

 price of silver bullion. Also, how 

 we, the greatest producers of silver, 

 send it abroad, to enable the British 

 importers of wheat to pay for Indian 

 wheat in cheap silver and cut us out 

 of our market for that great prod- 

 uct of American fame. 



Charlottesville, Va. 



For the American ApicvUurist. 



" WBATIS IT?'' 



William M. Kellogg. 



Reading the items on the above 

 topic in the November Api, I was 

 led to thinkof a twin question, " Why 

 is it?" The Editor, as well as L. N. 

 S., thinks there will be great mortal- 

 ity among the bees the coming win- 

 ter on account of the large amount 

 of honey dew stored. I will agree 

 with them also, from a sad experience 

 on my own account, where our bees 

 wintered on honey dew stores. I had 

 three stocks left of mine ; another 

 with 153 in the fall had three in the 

 spring, and a like ratio all around us, 

 while a few miles south of us where 

 they had no honey dew, bees came 



