Los Angeles daily herald., 1886-01-12
SILVER CHAMPION.
An Interesting Interview
With Senator Jones.
THE NEVADA SENATOR
sound on siIver-FOr a Federal
Building-Will Work for
wilmington HarbOr.

Learning tuht 7eho''' "eh" . 'N''N''
of Nevada, was in the city, HERALD
reporter sought an interview with the
distinguished gentleman, and finding
min last evening at the Depot Hotel on
his return from little trip to Santa
Monica, the following conversation took
place;
Reporter-"senator Jones, am a
representative of the MoRsTsl HERALD,
and am charged by Mr.. J. d. Lynch to
tender to you his best respects and very
warmest good wishes"
Senator Jones--'I am very glad to hear
of Mr.. Lynch again. lie has been for
many years q valued personal friend,
and his paper has done great good in up
holding the rights OF silver"
Reporter--"By the way, Senator,
that is tho very matter want to talk to
you of. | want you to give me your
views on the silver question
A smile passed over the always pleas-
ant and congenial face Of the Nevada
statesman as he said.
"well, 1t would be hard for me to say
anything IN the news line on that sub.
ject
Reporter know, Senator, that
you have long been the champion
of the queen of the precious
metals, and all the people know
how very valuable have been your great
services in this respect. Nevertheless,
there arc new phases OF this subject,
and all intelligent readers will be greatly
pratified TO learn your views and hopes.
Do you think the silver men in Con
press will be able to hold the fort against
their antagonisIsl'
senator-"Well, of course, as you
say, have had TO keep up ABREAST OF the
day with all this discussion. think we
will win. In the fight a great many OF
the non-silver producing States will be
with us. All the West and South will
be on our side. Now, this is very
great question and do not quite like to
attempt giving my views in an inter.
view. II is the most momentous ques-
tion before the people, one OF the most so
of the age or Of any age, The point Is
just here,
GOLD Is GIVING OUT.
| There is not enough now to go round.
1t will grow more aud more scarce and
there is not and will not be enough to
maintain prices. Falling prices are said
| to be a sign of hard times. Fall
| ing prices are hard times. Fall
| ing prices means cessation OF
ali sorts of enterprises. 1t means
crowds of men for whom there is no
employment, people destitute and in dire
| distress all over the land. Here is the
| pist of the whole matter: How shall
prices be maintained at the present level
so that capital shall have confidence and
seek legitimate investment In proper en-
terprises. that the people may find EN-.
| ployment and their children bread? II
| prices are not maintained, II there is tt
| be continued contraction in the volume
| of the currency OF the country and a
\ corresponding increase in the purchasing
| power of the money OF the country, the
| debtor class must become enslaved to the
creditor class. This vassalage of the
| debtor to the creditor will be far worse
than that of the feudal ages. Make any
thing relatively scarcer and it must be
| come dearer. There are in the country
let us say 90, ,000, 900 of people. A giver
| number OF bushels Of wheat will suffice
| for their maintenance. Now let us sup
| pose the population to be increased
three per cent. Must not th'
supply of wheat be increased cor
rospondipgly, or II not SO increased vii
there not be scarcity of bread
As population increases must not all i
eats and all it wears increase in the SAINT
ratio, il want is to be preventedy II thu
equation is to be maintained oil round
why shall not money be increased as thu
population is? Instead of this, while thu
| population has gone on increasing ther'
| has been not merely n relative decrease
in the money supply by reason of NJ
addition being made to keep pace will
this growth of population, but actually
there has been an absolute decrease in
the supply of money.
The Senator again referred to the i'm
possibility of stating this many sidet
, and overshadowing question in an in
formal talk. He pointed out the neces
sarily dsjointed and ragged character o
the conversation. Then reverting Il
the status of Congress he said;
"1'he House is sure. 1t will stand by
the silver act to the last. am hopefu
that the Senate, too, will prove tru'
to the interests of the country
as whole. Since his speecl
in Boston | am afraid Evarts will g
back to the gold advocates. For my
self, 10 not see why the public deb
should not be payable in silver as wei
as in gold. The Government nevel
agreed to paya