Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-02-20

An analogous explanation was offered by |
the army Lieutenant who was Court-mar> ,
tailed for conduct unbecoming an officer ,
and 6 gentleman, because while plnyiDg
with his comrades in the great American
game he held sequence fiushes for three
consecutive hands. The Court decided
that such accidents never happen.
Gold moDonetallism has produced I'M
natural and disastrous conditions. 1t is
the kraken of civilization with its DEVILS
teak in Is3zdon an1 its sucking antenDa ever
reaching for the throat CT American labor.
Ii is The pitiless and uneiscriminatipg lag
cenist CT the age. In seventeen years it has
plondered the industry of the United States
of thousands of millions of dollars. lthas
robbed with uHsectional impartiality the
cotton. grower of the South and the wheat
farmer of the North. 1t has flched from
tbs earnings of the mechanic and the sgy-
ings of the clerk. 1t has sweated the wages
Of the laborer ara choked the debtor with
the garrote of double usury.
Gold monometallists have for sixteen
years been driving the productive industries
of the country into a cld de sac We desire
no new nor uuiast nor revolutionary meas
ure. We intend only that this nation shall
return to the honest money and safe policy
of our fathers. We hope only 10 restore
the bimetailism under which the civilized
world prospered for hundreds of years.
We desire to walk out of the deadfall into
which Europe entrapped US seventeen years
ago, and If iEurope refuses to follow us in
restoring the free coinage of silver, we ex-
pect nevertheless to establish it as our
American system of finance best suited to
our American civilization, and to be strong
enough and self-reliant enough to say to
the world with the proud Scotchman of old,
ho III. cff fo he
| head of the table,"
If such a course shall bring disaster to
| Great Britain some of US will regret that
| fact, and others will indorse the sentiment
of the Irishman who was compelled to
propose tosst to the mother country and
who responded: England here's hop
ing that she won't miss any harm that's
coming to her."
| 1t is the habit of some monometallic
| logicians to concede that the fall in the
| price of silver has caused reduction in
the price of commodities.
The fundamental error of monometal-
| lism is recommendation itself. There is no
| reason why the increased production of
silver which began with the working Of
the Comstock lode in 1860, which extended
| to Colorado in 1873, and to Montana three
years later, should have had any more
effect upon the value of gold than had the
increased production of gold from 1919 to
ls1S60 upon the value of silver. So long as
the arts and the commerce of the world
| needed all the gold and all the silver pro-
duced, there was no necessity to dismiss
either metal from service. or by force of
| legislation to change the relation of value
which had existed between them for many
years.
The Bland-Allison law has in sixteen
years caused nearly one-half of the silver
product Of the United States, and quite
one-fourth of the silver product of the
world during those years 10 be locked up
| in the United States Treasures in the form
of coined dollars.
We, of the Pacific coast, and the West,
| and the South, who demand restoration of
Fthe peoples currency, are entirely in earn
est. We intend to make our fight not with
out but within the lines of existing polit-
| ical organizations. We regard the success
of our cause as of more vital consequence
to the homes of America than the triumph
or defeat of any other issue, or than the
triumph or defeat of either party.
| We propose that the long continued and
far-reaching injustice which England
| plotting for cheap wheat-inficted upon
this country in 1873, shall cease. We pro-
pose that gold and silver shall be equally
available for the money of civilization.
The two metals have been friendly and
almost inseparable companions since the
dawn of creation. They have been classed
ss royal metals for thousands of years, and
until 1873, the right of either to the purple
was never questioned. Together they came
from the rocks and plscers of the new
world, which the genius and persistent
courage of Columbus gave to progress. To-
| gether they freighted the argosies of Spain
and stretched her scepter over half a world
Together they have been for 400 years the
| faithful and tireless hanI-maidens. of COM
merce, while she led humanity out of
poverty into comfort, out of ignoranceinto
| light, out of slavery into freedom, and to-
gether they should be permitted to accom-
pany the further advance of the splendid
army of civilization, and aid in carrying
her luminous banners into the dark places
of earth.