The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1892-10-16

proposition would not be unjust to those who
have no money, for unless it is proposed to give
away the new money 90 be printed by the gov.
ernment IL is plain that only those can sc. is
who have something TO give for it And shav
could borrow is as readily by giving seenrity
Tor IL to those who have 10, ss by borrowing 10
from the government upon security. Nor could
there be any difference in tie permanent rate Of
Interest. since the rate Of interest is aiwavs cal
cuiated on the number OF nominal dollars in
existence and not on their purchasing power
whoever borrows deprecated money 20 do busi-
ness with has TO borrow greater nominal
amount that he would of good money, and ne
has 10 pay greater rats of interest for it be-
cause the lender always tries to discount bv
high rate OF interest the depreciation in the
value of the money that he lends and the value
OF what he is to receive IN the future. This
whole scheme of finances, as presented by the
Peoples party, Is nothing more nor less than
hrioe offered to every man in debt
10 repudiats his obligations. Their platform is
plan OF confsca;ion aud their policy If carried
TO Its logical conclusion csu only end in the
torchle redistribution of property and the over
throw of government. of law and the destruc-
tion of American civilization II is not posi- bic
that il can prevail. We are Q free people and
we intend to remain an honest people. Seeing
the handwriting on the wall the leaders in this
movement have abandoned all hope Of success
for their schemes of financial dishonesty and
have gone boldly into the business of dickeriug
with the Democratic party for office.
Respecting the financial theory of The
Peoples party, Col. Winston said:
Production alone can purchase production
and the price of product or commodity is
nothing more or less than the purchasing power
OF that commodity expressed in money, and as
the commodity itself should possess under all
circumstances the character which 1t appears
upon its face to possess. so with money. Ii
should possess the full value which IL Processes
on its face TO possess. You can no
more exchange money that has no value for
something that has value than you can skim
cream from milk ticket some of the Democratic
newspapers well of the Peopi
party organs have been very unhappy over my
record as citizen of the Confederacy. | do
not think. If it should turn out | was =
soldier OF fortune under a government
whose constitution declared that no tariff
should be levied 10 protect an industry, il
would greatly distress the Democracy. Or, if it
should turn ont that was not a soldier of for
tune under government OF whose dollars men
were required to buy one glass of
brandy and water without sugar, IL
would greatly delight the Peoples party.
AS the certainty of Republican success in the
state aud nation becomes apparent. and the
fate that awaits treachery stares in the face the
sore and selfish cousprators who have under
taken to wreck our party, they have abandoned
all pretense to restraint or respectable
ity in their vendetta against the integrity
OF communities and the character of citizens
They have striven IN vain to poison the whole
state with their venom. In their frantic effort
to bcget following, blinded by rage 10 the man
iiest laws of life, they forget they areipoltical
euuuchs