The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1891-01-17
A Financial Bill---Whew!

The republican senators have perfected
financial bill, which, while it does not
embrace all that every republican would
like to see in such measure, promises
to afford speedy relief to the money
market, without going to the dangerous
extreme Of al ovei imitation OF the cur.
re,,cy, and for that reason alone It should
speedily become law. But will it2 Will
the democratic. who have been protesting
so much distress on account of the hnan-
cial stringency, allow this relief measure
to be adopted without unnecessary de.
lay, or will they, true to the past record
of their party, attempt to delay or defeat
1t by offering impractlcable amendments
and resorting to tilibustering2
1t is pity the Post writer does
not buy mirror and look at him
self. Just think of man 81 years
old printing such luny assertions
for the public to read I! Perfected a
financial BILL" forsooth, that. prom
Uses to afford speedy relief to the
money market" In what way,
pray? BY monthly purchases OF a
few ounces of silver? How absurd
While silver remains a commodity
it will not be money, and hence can
have no fixed value. It will relieve
the money market without going
to the dangerous extreme of an
over imitation of the currency p
Bosh I! the coinage of $2OO,OO0,O0O
a year could not even begin to in
fate our currencyinside of twenty
five years; because our population
is constantly increasing, and with
our present numbers we need, at a
very conservative estimate, So, $780,
100000. But we shall never coin
anything like that amount, even
under free coinage. Besides, were
we to coin even that sum, we should
not initiate our currency, because
silver has an intrinsic value nearly
equal to its monetary value, and to
increase real wealth is not imitation.
Moreover, the increase Of popula-
ton and wealth in a country in
creascs the use of silver in manu-
features and the arts and enhances
it's value, while leaving less to coin.
will the democrats, who have been
protesting so much distress on ac-
count of the financial stringency,
allow this relief measure to be adopt
ed without unnecessary delay?" 1t
is to be hoped they will not. The
republican majority in the Senate
could pass any measure they wish
to, and if they were sincere would
rot need the assistance of democrats
to pass free coinage bill; but it
so happens that about all of these
patriots from New England are OPP
posed to free coinage of silver; and
it also SO happens that Northern
Senators are largely astraddle Of
the fence, so that to pass a silver
bill the votes of Western and South
ern democrats are Indispensable.
And should those democrats pass a
silver bill that pleased the country
the republicans would claim it, and
having majority in both Houses
would receive lie credit Of its pass
age; but should they pass an abor
ton like the one the Post writer
had in mind, it would turn out as
it's predecessor did, and the demo-
Gratis would have to bear the blame
of the fraud. Under such circum-
stances they can hardly afford to
vote to pass the bill.
But the democrats will soon have
possession of the lower House of
Congress, and then they will pass
a free coinage silver bill: and with
the aid Of western republicans, it
will pass the Senate, and President
Harrison will veto it, as he has
already stated. Then the people
will elect a democratic President,
and the bill will be repassed and
he will sign it, and we shall have
free coinage of silver, but it will
not come from republicans.
Hadn't the Post better confess
the fact that its party is opposed to
the free coinage of silver? Its con-
tinued dread of initiation { y and
its persistent failure to pass free
coinage bill, although having the
legislative, executive and judicial
powers of the country in it's hands,
are such proofs of its antagonism
to that measure as cannot be inval-
idated by the wordy testimony of
politicians and press except before
a court of fools, and the American
people are not fools. Neither will
silver miners longer be deceived by
such trash.
a Life With q Lesson.