The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1890-05-13
silver DBBlTB QPgN.
Senator Jones Of Nevada Talks
for Free Coinage.
Ths Tariff Bill Being Read ~ Para
graphs for AmendnenE
bright Senator Delph silver Cen-
ssrv.sivs- -setsssnsat q l.aiaa Dsp-
ssaafion ClaIms.

rea.1so- c1.s....
WAsHrS6rox CIR. May l2-In ~ Senate
Hoar. from the judiciary commitsee. re-
ported back the House aEnendmene . The
senate trust bill, with an amendmcnG
Vest and Coke stated that - me phers OF
the COMMITTEES they dissented from the re-
port. The matter went over TIL Tomorrow
The Senate bill appropristing 32oo. .OO Tor
public building - Ogden. Utah. was ~
ported ana placed on tne calsndaf-
Inc senate then proceeded % c0ns1dera-
non Of the bill anthorixing the issue OF
treasury notes on deposits Of silver bullion.
Jones of Nevada addressed the Senate in
it, favor. He spoke Of the general unrest
prevailing throughout the country. The
prices Of al commodities, hs said. had
fallen and continued to fall. When the
faif IN prices Vas found operating on the
products Of IL industries; when Is Vas
found not confined TO any one chime.
COUNTY or rece. Dut dinusod over the
caviifsed world; found NOT cnaracteristlc
9. any one year, out going on Tor series
OF years, II became manifest thai u could
not f1se from local. Temporary Or sub
ordinase causes, bus must have 10 genesis
ana development IN some principle OF
universal application. What wAs Il that
produced the general decline of prices IN
any country II was the shrinkage Ia the
volume OF money relativeiy to the popu-
iation and business. The world had never
had proper system OF money Pros
D9F1kR And 4D0GuI0fl0n nA0 han QftmmtDf9n
q umes oy great Yields rom mines, ana
wnen those mines were worked ous' snsn
came revulsion and adversity.
He went on to speak Of the natural ratio
between gold and silver existing for $500
or 5000 years. ratio Of 15,1 to L and said
il was only since the Legislative proscrip-
ton OF silver IN Germany and the United
states and its banishment from the mints
o. Europe that any material change ofratio
took piace. and TIE present diverBencei IN the
reiative value OF the two metals was
direcuy que 70 the legal outaW1y Of silver.
and not 70 anv natural causes
1t has always been the object Of the
creditor clam TO enhance the value oi
money by reducing the volume. 50 that
when the g0id mines OF California and
Australia were producing the largest yield
IL was proposed TO dcmoneti1e R0ld. The
motive Of demonstration In the case d
silver. - veil - gold. Was, Jones said, "a
aggrandise the creditor class Of the world
apd oonescate The faruas ard lRactte6Ilx
- rsWatds 81 ~ hardy tofsS7k. BE
spoke OF the demonetixation Of silver By
Germany, after the war with France. a
having inflicted greater evils on her people
than her armies inflicted on France, and
said whom it began to have its effect I
veritable hegira of the German population
began to take place.
II surprise was felt at the sel6shness oi
the privileged classes in the demonstration
Of silver what, he asked, was to b said in
defense Of the United states demonetisina
siiver1 No such stupendous oct OF folly
and ignorance had ever been perpetrated
by the Representatives Of free people. Il
had proved prolific OF enforced idleness,
poverty and misery. No better remedy
could be applied than absolute repeal oi
that legislation and putting back the mon.
etary system Of the country to what il Wa
before.
All the nations Of the earth used silver =
money up to 1918. when Great Britain sun.
dered the silver link that bound her "a
other nations, doing 90 for reasons of he,
own arising from her position @ . credito,
Of all the nations, but the industries Of the
English nation became courested by
reason Of that condition Of the cur,encv
Within seven years thereafter Ii q numbe,
Of her land owners Vas Yeduced bv re..ou
OF the decreased coinage from AGO 900 "a
100. and large proportion of the pop.
ulation had to live wholly or in part on the
bounty o! organized charity that hsd been
part of the price imposed upon the English
people by the creditor class.
In regard 70 the bill pending before the
Senate. Jones said he had reported it from
the committee on finance. but 1t did moi
fully reflect his views regarding the rela
tons which silver should bear to the mon,
etary circulation OF the country and the
world. He declared himself ct all times
and in all places firm and unwavering id
vccate Of free and unlimited coinage ol
silver. In view. however. OF the great
diversity OF views prevailing on the sub
ject, and the possibility that by reason o,
such diversity the session of congress
might terminate without affordins ths
country any relief from the baleful and
henumeing effects OF demonstration oI
silver. ne mad joined with otAer members
OF the committee IN reporting the bill. He
heid himself Tree 10 rafify any amendment
that might De offered which might tend te
make the oiii more perfect measure Of re
LEI and that might be more IN consonancs
with bis Individual opinion
Rssnming his argument. Jones said ths
single gold standard men had attempted
A. L. a. -