Salt Lake evening Democrat. [volume] (Salt Lake City, Utah) 1885-1887, 1885-12-09
the subject with other nations. In the

the subject with other nations. In thu
meantime
| wEARE ACCUMULATING SILVER COIN,
/ Based upon our own peculiar ratio, to sucf
an extent and assuming so heavy bur
j den to be provided for in any information
al negotiations as will render US an unde
sirable party to any future monetary
conference of nations.
It is significant fact that four OF the
five countries composing the Latin Union
( mentioned in our coinage act, embarrass
ed with their silver currency, have just
completed an agreement among them.
selves that no more silver shall be coined
by their governments, and that such as
has already been coined and is in circula'
ton shall be redeemed in gold by the
conntry of its coinage. The resort to this
expedient by these countries may well
arrest the attention of those who suppose
we can succeed without shock or in
Jury in the attempt to circulate, upon its
merits, all the silver we may coin under
the provisions of our silver coinage act.
THE CONDITION IN WHICH OUR TREASURY
MAY BE PLACED.
By persistence in our present course is
a matter OF concern to every patriotic
citizen who does not desire his Govern
ment to pay in silver such of its obliga-
tons as should beipaid in gold, nor should
our condition be such as to oblige us in a
prudent management of affairs to discon-
tinue the calling-in and payment OF
Understanding obligations which we
have the right now to discharge, and thus
avoid the payment of further interest
| thereon.
The so-called debtor class, for whose
benefit the continued compulsory coinage
OF silver is insisted upon, are not dishon-
est because they are in debt, and they
should not be suspected of desire to
! jeopardize the financial safety of the
country in order that they may cancel
their present debts by paying the same
in deprecated dollars; nor should it be
forgotten that it is not the rich nor the
money-lender alone that must submit to
such readjustment enforced by the
government and their debtors The
pittance of the widow and orphan, and the
| kinds, would be disastrously reduced
THE DEPosIToRs IN SAVINGS BANKS
And other institutions which hold in trust
the savings of the poor, when their little
accumulations are scaled down to meet
the new order of things would, in their
distress, painfully realize the delusion of
their promise made to them that plentiful
money would improve their conditions.
We have now on hand all the silver
dollars necessary to supply the present
need of the people and to satisfy those
who, from sentiment, wish to see them in
circulation, and if their coinage is sus-
pended, they can be readily obtained by
those who desire them. If the need of
more is at any time apparent their coin
age may be resumed. That the disaster
has not already overtaken us furnishes
no proof that danger does not wait upon
continuation of the present silver coin
age. We have been saved by the most
careful management and unusual expedi-
ents, by a combination OF fortunate con-
ditions and by confident expectation
that the commerce of the Government in
regard to silver coinage would be speedi-
ly changed by the action of Congress-
PROSPERITY HEs1TATEs UPON OUR IHREsH-
HOLD
Because OF the dangers surrounding this
question. Capital timidly shrinks from
trade and investors are unwilling to take
the chance of the questionable shape in
which their money will be returned to
them, while enterprise halts at the risk
against which care and sagacious man
agement do not protect AS necessary
consequence labor lacks employment and
suffering and distress are visited upon a
portion of our fellow citizens especially
fn no aft11 e
those charged with the duties of legisla-
ton. No interest appeals to us so strongly
Tor safe and stable currency as the vast |
army of unemployed. recommend the
suspension OF the compulsory coinage of
silver dollars directed by the law passed
in February, 1878.
STEAMBOAT INSPECTION,
The steamboat inspection service on the
s0th day of June, 1885, was composed of
lao persons. including officers, clerks and
The expenses of the service
over the receipts were $138, ,92227 during
he fiscal year. The special inspection OF
oreign vessels, organized under the law
passed In 1882, was maintained during
he year at an expense of 1866 6,4l6.3O.
Since the close of the fiscal year reduc-
ions have been made in the force en-,
'loyed which will result in saving dur
ng the current year Of 1000, without
Iffecting the efficiency OF the service.
THE MARINE HOSPITAL.
The supervising Surgeon General re-
'orts that during the fiscal year Al ia
'atients have received relief through the
larlne Hospital service, of whom 12,SO3
1ere treated in the hospitals, and 2S,911
t the dispensaries. Active and effective :
fforts have been made through the
1edium OF this service to protect the
ountry from an invasion of cholera,
'hlch has prevailed in Spain and France.
nd the smallpox, which recently broke
ut in Canada.
THE LIFE SAVING SERVICE.
The most gratifying results have at
ended the operations of the Life Saving
ervlce during the past fiscal year. The O
bservance of the provision of law re-
uiring the appointment of the force en-
loyed in the service to be made "solely
18th reference to their fitness, and with
1T reference to their political or party p
has secured the result which
ay confidently be expected in any
'anch OF public employment where such =
rule is applied. AS consequence this
rvlce is composed of men well
lalified for the performance of their
lngerous and exceptionally important
tiles. '''--' =
The number of stations in commission I
the close of the year was 2O3.
The number of disasters to vessels and
ats of all kinds within their field of ac- r
m was 391. i
The number of person endangered in
ch disaster was 2,439, of whom 2,428
re saved, and only eleven lost. Other
es which were imperiled, though not ID