The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1890-03-11
STANFORD HAS A PLAN
The Senator Expresses His Views
In q Long Argument In
Favor OF the Pro-
posed Scheme.

WASHINGTON, March lO.-Senator STAN
ford I'm presenting his resolution to the
senate to-day, relative to government
loans on real estate. said: ''From the
earliest civilization there Inns existed In
all countries the need of some commodity
that will stand the representative of
values, through which exchanges can bc
made without the commodities themselves
being passed from hand to hand. In the
use for this purpose Of cqunlizing exchange
and to-day. whom stamped by Responsible
governmcnts, thesc metals h1ve value as
might have were they only used I'm the
arts. Money becomes valuable IL
ci,S:s cnnmss Of ,he % prosl,,css % of men's labor @
The government bond is valuable to the
holder on account of the interest il earns.
of men, il only amounts to the percentage
which IL draws; but when bondholsicrs,
by depositinR II with the government.
bills, SO per cent. Of it's value Becomes en-
crRixed into am active commodity, giving
ike ns snsTGs 4 oi wene .e
able TO borrow from the government
without interest, certain amounts of it's
to that extent his land would become an
active force and he would bc enabled.
while giving employment to the extent of
sse sss" full And aSss a%sssa'o of its n value oa%
Ihtis the government wouid Dc cong
money do not terminate with it's expcndi-
lures by tho farmer; those who have re-
as an cnereizinR factor i'm the forces of
life to an indefinite period. As money
employs labor il brings to life the con-
certainly as it's fruits are valuable. An
other way by which we can appreciate
what money ACTIVELY ,,n %sct' m"y ,innSna ,psiriorm
to he found i'm the status of
commodities produced and exchanged
circulation. How far the boundless re-
sources of our country shall he put into
activity depends not only upon the active
% power necessary @ to induce that industry;
and il should he the fostering care OF the
government to sec that such industry re-
supply of money that goes to the individ-
ual of capacity i'm the field for the
various caiiines OF life, and will bc par
tic,ilarly valuable to associations of intli-
vid,ials by afrorsling them facilities for
every kind of business. An abundance of
money means universal activity, bringing
i'm its train all the blessings that belong to
Intelligent people. IL these proposed
loans could be made by the government
wisaS wn b risk any e serios S. ;h,nn ssac Them iS
the way of the Accomplishment of
the object of this resolution, In my opin.
1On ample prOteCuOi Wouiu sse huorucu
the movement IL il limited it's loan To ono
half or one quarter the assessed value of
the property given AS security. and upon
the aplIraisemcnt of government officers
especially selected for TINT duty. II
seeIns to me the great thought of human
ity should he how to advantage the great
multitude of toilers, increase their power
of production and elevate their contli-
tions. We know that great improvement
is within the provisions OF providence, and
i'm the prosperity of the MASSES of the
people the prosperity OF all is assured.
| Man is the rightfui heir to peace and
prosperity, and very much depends upon
sent tho associated capacities and inter.
| ests Of the whole. To me one of the most
| effective means of placing at mans dis:
| posal the force Inherent i'm the value of
| property is thoroughly furnishing boun.
| tiful supply of money, based upon linQ,ies.
| toned and secure values.