Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1890-06-18

~ - 3tting dollar In re-
mount Of silver that he
cer;s Jhy for seventy-fve cents and
4 qshesc dollars should he legal ten
for all debts, public and private.
That seems very much like giving
wealth to the bullion owner and taking
~ from other folks violently. The
new and young Colorado senator,
who made his maiden speech In
HE Eenate, delighted his audience with
.the bOldness of his defence Of the silver
pfoducen' position and the energy with
Whlch he condemned the administration
1T setting It's face against their de-
xnands. He declared that Harrison
would not have carried n state west OF
the Mississippi II he had been known to
& b cold to silver; which Is doubtless true,
but II an argument that cuts both ways
In question upon which the Rocky
Mountains are arrayed against the rest
Of the country. The senator's strongest
Argument seemed TO be thnt the silver
Z producer demanded protection for the
4 Industry on the same principle that the
Eastern manufacturer asked for 1t be-
cause 1t was good for his trade. He
Z wanted to know from Senator Aldrich,
Of Rhode Island, who was hot against
nilver protection, how long he thought
that Rhode Island would be held by
the Republican party II it did not
promise its industries all the protection
they wanted.
That was very smartly said, mo doubt,
Tor trouble to answer the argument. 1t
= not to be denied that the question OF
!. government protection Is decided by
each section according to its interest
Y and that Colorado Is as naturally fol
I silver protection as Rhode Island Is fol
: that Of textiles. But there Is plenty ol
difference between protecting a mining
and manufacturing industry. Mines
that cannot produce anything profitably
4 without a government bounty upon the
( product may very sensibly bo permitted
70 lie idle. As the people have enough
silver for their currency and as II is toe
abundaN now to be on par in value
] with gold, it is not easy to see wherein
it IL to the if.erest Of the people gcner
ally, In any way to coin dollars with
3 out charge ;ald especially to declare tha
{ seventy-five cents worth of silver shal
1 b equal to dollar in gold, whether
want to take it or not.
The people are not taken by the necl
Z In this way in the imposition of tarif
Z duties. They are not obliged to taxi
anything they do not want. There Il
no stamp of money placed OH anything
NOR 10 there mandate that u debt shal
be paid in certain goods or not be paid
1t all. That is proposition quite il
advance of any tariff impost. or cours,
Senator Wolcott's constituents want al
they can get. Constituents always do
They want their silver product to &,
and be as valuable as gold. They thinl
they make 1t so by the government fiat
They can doubtless make silver go as fa
rs the jurisdiction of the nation goes
And they can make gold go out of tha
Jurisdiction. Nobody will give gol,
when cheaper silver must be taken, an,
silver only will circulate.
1t Is more than silver protection tha
Colorado will get. II is silver tribut,
Z she. WIN be given. Her mines that now
-<bfing fortunes to their owners will brinl
greater fortunes, and other mines will
be brought up to the paying standard
6timulation to silver production will
come until the country is swamped will
silver, and it will be we'll nigh as chea,
- Confederate notes. The cheapness o
y money will stimulate prices, and bust
ness will be brisk until it goes at last t
smash.
That the Senate, under these circum
stances, should seem to go so strongl,
for free silver is due to the fact that it |
considered "A political question upol
which the parties are playing for posi-
tion. The administration is in troubl
aud the Democratic senators do no
seem inclined to help it ou
OF 1t. The party cannot stand FREE
J. silver and neither can it wei
Withstand it, seeing that 1t was free will
It's promises in its platform, and is s
richly blessed with representatives iron
the silver states. Speaker Reed think
that he can floor the silver bill in tn
House, but with the momentum that j
has received from the Senate, it is likel
TO reach the president, where it ia prom
ised check if that functionary'
sand holds out for the purpose.
We do not believe that the measur
will become Law as il is now fashioned
II surely will be very costly to tn
country If 1T does. The policy whicl
VIII protect silver mines at this date
when the demand of the country is tina
AL It's mining industries shall get alonl
without protection, would be a back
ward step that The country's inteligenc
will not endure.