Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1876-03-27
JoNEsp COMING srEEcII.

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Considerable anxiety ~ veil - curl
,sity 10 expressed BY many 70 know OF
surmiss what are the main points
70 Be- considered. included and dis.
susssd In the speech on the silver quss-
lion. which Senator Jones 10 preparing
to deliver before Congress. The spe.
ciL Washington correspondent OF the
Ala. Who appears TO be somewhat post
ted in the matter. says that in the main
ID viii Be . plea for debtors senator
Jones argues that the finances Of tho
world and political economy have al
ways been discussed and Taught from
the CREDITOR standpoint. He snunci-
stss the pith Of his argument 40 follows:
The debtor represents the activity OF
the world: the creditor representa- the
inertia. The men who labor. and the
men Of brain. Who project enterprises,
are tho dsbtors. He thinks that the
problem Of the world should Be. how TO
prevent the dollars. which represent
work that has already been done. from
having too great advantage over the
dollars which are paid for work done
to-day. These propositions apply in
considering the silver question, when It
Is objected to the double standard OF
gold and silver that those values cannot
DO kept equal. and that debts will bs
paid in the cheaper OF the two metals.
This objection. Senator Jones claims,
should NOT Be made. He thinks debtors
ought to have the choice Of two stand.
ards. Moreover. Senator Jones intends
TO review the entire history Of money.
and says he will show that the produc-
ton OF gold 10 rapidly diminishing. and
10 inadequate TO supply the wants Of
trade. Therefore its value must adj
vance; and capitalists prefer long bonds.
partly because at the maturity OF the
bonds gold dollars will be worth more.
that 10. will have greater purchasing
power than al present. Therefore he
says. let MS bring into uss. as much as
possible, silver TO relieve the pressure
Tor gold. and mako IL easier for debtors
to pay their debts.
The Senator sits in his Office general
ly alons-if he has no callers-at nights.
He seldom goes out In the evening. lie
reads and thinks In q reflective manner.
II any one calls he il sure 10 bring up
the subject which is on his mind. and
he makes conversation the grindstone
for his wits. He 10 full OF keen illus
tration and 10 fond OF striking illu.tra-
tious, comparisons and contrasts. When
he is alone be jots down his various
thoughts and preserves his favorits sx.
pressioas. These he reads and rs-rsads
and ampli6ss from time 10 time. 10 that
any evening he Ia ready to reeals q
visitor. apparently ~impromptu. with the
foreshadowing OF . speech that will
some day be made in the Senate
Chamber. Ho has method also. This
displays itself In his gradual arrange
ment Of his work. In this way he thinks
out. mastsrs and encompasses his sub
ject from his standpoint Of reflection.
lie has on hand . brain full OF speeches
Of this kind. The tariff Ii . favorits
subject. He 10 . free trader In pincipls.
Il Is apparent. however. that his ten
dsncy 10 moro philosophical than pol.
itic. and sometimes he may ind himself
theoretically correct. With opportunity 10
become practical. An . conversation.
alist. he 10 very entertaining. Hs thinks
a. he talks. and consequently contra.
diets himself a. often ~ his view Of .
subject changes In aspect. Yet, when
il 10 required that hs should decide with
DOT further debate, when the tims for
voting comes. his instincts are all ON
the side Of conservatism and practical
work.
When His speech on the double stand
ard 10 ready. he will have prepared .
work on the science Of money which
will attract much attention on account
Of its thoroughnsss o. research. and
viii be studied ~ an sminently Amer
lean production Of thought and COM
p~ilation.