The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1890-01-02
AFlRIR Of WHACE
h Tak1 Secretary Window b Task. and
Shows he Fahy q Ills Views.

I
silver problem written by designing polit
ical leaders-or, more strictly speaking
by ring men-and It appears TO me tina
all are working to get the wool pullet
over the eyes Of enough Of the voters o
the country to secure the election Of mer
who will work to get laws passed to put
more money into the pockets Of the rich
and take all the profits from the farmer
and laborers.
Let rs investigate little, and see whal
Mr.. Windows solution Of the silvel
question means. First, be would remove
the limit Of coinage, or would issue silver
certificates in lieu Of the coin. Well, thai
proposition is good, but then he proposes
to issue silver certificates upon the basis
Of the market value Of silver bullion,
which Is . very bad proposition. for the
country must have free coinage Of neces'
sity to . mutual prosperity Of all classes,
and II al classes are not mutually pros
porous our government ID . failure and
not universally tree. Next he proposes q
very nonsensical thing-that Is, the re-
demption Of the outstanding certificates,
In either gold or silver bullion, at the
mere option Of The government or the
holder Of silver dollars. Now, any one
can see at glance that this plan leaves
the money Of the country open 10 specu-
lation Of the most disastrous charateE, for
Il would, in fact, sap the very formation
Of our government. For instance, look
at this little: A combination would be
certain to get in and buy q controlling in
terest in the silver bullion output Of the
world and concentrate Ii at some principal
money market like Wall Street, and ct a
fixed date run the market value Of silver
bullion up to Is high . pitch Is the man
ipulators might feel disposed, and then
deposit the silver bullion with the treas
urer and demand silver certificates for Il
ct the then market value Of the bullion,
and - soon - the silver certificates
are issued then force the value Of
the bullion down again TO it, actual
value-or even below it, actual value
- 10 often done BY the manipulators Of
farm produce. Then the Spectator TO
keep gold bullion from being used by the
government to buy in the silver certif-
Gates would buy up the controlling interest
Of gold bullion and force silver bullion
down; then he comes in with his silver
certificates and buys up the silver bullion
at say rs cents on the dollar, which he
had previously sold to the government at
perhaps $50 or 200 cents on the dollar;
then commences cornering the silver
bullion again and extorL millions more
from the government.
Now Il does appear TO me that the peo-
pie should be able to see this plan Of Mr..
Window and his ring to filch money from
them. Now, sir, the policy recommended
by the great ~ financier, II carried out,
will be one Of the most atrocious swindles
that has been committed upon the people
since the act Of demonetizing silver In
1873, which Is now the greatest cause Of
the hard times Of the agricultural and
laboring classes Of this time.
The country demands for the upbuild-
ing Of agriculture and protection Of labor,
and, in fact, the general good Of the gov
eminent solid money basis, 90 there can
be no chance for speculation in our
money, and the only way to do this is to