The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1891-12-08
compass the whole breadth OF that dislo-
n renew and establish Il right
ratio of the two o metals,

compass the whole breadth OF that dislop
cation and renew and establish Il righ'
ratio.o the two money metals.
but the menace veto would probably
prevent the recurrence. now Of that mos
extraordinary and instructive phenomenon
which / have described, and thus obscur
its true siRniticance. Yet | would not shift
the silver ISSUE from MI evil to its remedy
Let us deal with Mr.. Sherman's domesti,
damming and drowning, before we discus
his fears Of foreign inundation from India,
bangles and China tea-nots after all silve.
IN all nations stands, there rs here, ut TIL,
old historic rated level with gold, fixed b,
competent free bimetallio coinage.
And II am told that the president
would let pass that bill because no part,
q wouid fling away the votes of atate'
which upon other issues are assuredly re-
publican. but upon this issue more thar
doubtful. then l must rejoin that in my
humble opinion the success of free bime-
an exposure to its worst hazard,
What Is that hazard? My disrespeot Is pro-
found for the current fears whipped up in
the press and bank parlofs for the last year
or 80. Men can trade in credits with no
theory of money as they oan toast their
feet before q fire with no knowledge of the
laws of radiant energy. Their fears are a
measure of the decentralization due to
thirty years of wretchea republican mono
tary legislation. eaThey a,e the natural ont
come OF that bad education which from
Washington has so long accumulated be-
hind demorallzing precepts the tremendous
force of government example. OF course.
the men and the journals who imagine the
constitution obsolete. who believe squander-
ing the public money compatible with pub
lilo prosperity, who think tariffs are not
taxes, nor taxes of which but a fraction
gets to the treasury, who conceive that sab
sides and bounties are equitabl,, who sup
pose paper debt can be II fair measure of
labor and its wealth, who fancy redemp-
tion of that debt is the same or as good as
the payment plsdged-of course these blind
followers of blind guides have lost their
sense OF sight and their ability to reason.
"Of course. they scream like frightened
horses when those who SEQ clear and think
straight demand return to ths abolished
OF the constitution and remind them
of our prosperity under revenue tariffs ano
free bimetaliic coinage befo. e the war. II
perfect under many decades OF free
coinage such %groundless fears
and ignorant objections might escape con
tempt and deserve confuting. These
prophets of humiliation, these dancing der
wishes of imitation should go to school and
learn the nations history from 1892 to 1861.
Gold and silver are tine only money abso-
Iutely incapable of imitation, hence THAR
supreme merit.
II regret to say that Secretary Blaine
insult to lntidelity. 1t once fell to him
to execute the preparations made bv Secre'
sary Evarts for the International Monetary
at Paris in 1881. He then pro-
zeal for free bl-metallic coinage. IN
MIS- Ohio letter last October he actually
Gov. Campbell, the Ohio democrats.
other friends of free bi-metallic coin
age, advocates of dishonest money, II
heir object a corruption of the currency
That Will do for Mr.. Secretary Blaine. He
viii not by sagacious democrats be suffered
10 administration a free bi-metallic coinage
aw. ! will explain my meaning still more
Nobody will deny that if all the silver
# Europe. Asia and America were at its old
liked stable ratio with gold. and such II ratio
we're adopted in the mint of the United
silver as a remittance to settle inter-
balances would be everywhere
gain quite as acceptable as gold. Nobody
will deny that in that case private dealers
you'd lose every reason and al ability to
make a profit by exchange of European sill
FER for American gold.
mo wetl-informed person supposes that
n such q case. any one of the great powers
IF Europe, which even now have monetary
iced for all their silver. would be disposed,
after the costly error of Germany Ill at
,empting to substitute for her silver the
gold of France. to initiate her defeated re-
costly experiment. or that COM
oetent diplomacy or competent admins
could not take efficient precautions
against such Il measure being directed
the United States. But now let us
oppose the case that in the secret councils
If a hostile cabine here, it were de-
ermined to shirk a veto, yet to admins
ration a free bi-metellic coinage law to
and failure. How easy to neglect
UGH efficient precautions. How easy to
Under what Mr.. Blaine was protesting to
'romote.
.EkU l.I 1--I::l- -.sal- u~.- ~
oreign diplomacy. Why was MIR. Jesse
lately sent fumbling around
capitals for an international CON
eran ce-a Wall sti eet operator who had
ust written and published his rubbish
hat the sole object of every such confer
nee is a measure hurtful to the prosperity
f the country
Finally, with ull due Difference, I can
OF withhold the expression Of my personal
that any enactment to promote
rec bl-metalllc coinage requires larger Cir
umspection and a more cautious avoid
nee of the conflict of mint ratios than any
i'll yet proposed. Whilst free bi-metallic
oinage was in full operation conflicting
lint ratios could syphon out one of the
metals across q national boundary.
identity of ratios among all nations
dining both metals could havs no less i'm
ortance whilst free bi-metallic coinage
7ere getting re-establishsd. Every circum-
lance that might leopard the experiment.,
ven by causing %groundless fears, should
9 carefully removed.
Rather would l heedfully preserve from
anio in New York even the lambs of
Vail street and the lunatics of Wards
These are a few of the reasons why.
9 a dsmocrat-one among mnny-I would
'ish to pivot our canvass for the coming
leven months, both in Washington and
throughout our land, pom issues made by
ne billion congress and by the peoples
otes one year ago, but needing once again
40 peoples votes in order to give any prac-
effect to their verdict against those
iant wrongs.
And New York has cleared the field"