Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1892-12-17
GOLD BUos RULE THE CON.
TERENCE.

IL seems that the Monetary Conference
being only . job put up on the people OF
the West 10 tide over the election has
proved true In every respect. When
Secretary Foster ~iourneyed to London.
ostensibly for his health but really, - u
proved, to obtain . conference with the
great money kings Of Great Britain. he
certainly must have known that they,
relying on the continuance Of the single
standard for their retention Of power.
% the creditor class of the world, TO
control and manage financial Affairs,
would never consent 10 . fair or even any
acknowledgment Of silver as . money
factor or measure of values. Various
schemes by as many different delegates
representatives, Of petty rulers. claim
ing equal rights with those Of the United
States, the greatest and w~ealthiest ma
tion in financial and natural resources
represented Of the Conference-were pro.
mulgated; but every measure. except
those advocated by the American dele
gates, bore the earmarks Of the moneyed
powers. Every one Of the delegates
know that . crisis Is approaching and
fear the result; but scared Of the
moneyed powers as they are, they
dare not advocate any measure Of prac-
ticsl value or relief. Thinking that the
United States, by the Sherman commod.
ity act. will prevent silver from going
down still further, they expect by that
means to keep all commodities and prop
critics from going TO the devil and bank
rupting all branches Of business. Even
the admission Of Rothschild. the repre-
sentative Of Europe's greatest financial
concern, that unless something were
done for silver q crisis would occur SO
widespread and disastrous in its effect
as to be incalculable, shows on what >
volcano the gold bugs stand. They ad-
init that the United States, by its
annual purchase Of 81. 900, 900 ounces of
silver. hold the key to the situation, and
the moneysd powers show fear that our
government will stop that purchase; yet,
ct the same time, in connection with our
home shylooks, they are running q big
bluff, and, In effect. daring our govern.
ment to remonetize silver at its honest
ratio Of sixteen to one. They fear either
horn Of the dilemma. They hold millions
Of dollars Of United States bonds, the
face Of which show that they are re-
deemable in lawful money Of the United
Ststes-in either silver or gold. at the
option Of the Secretary Of the Treasury.
Are we then under obligations to pay |
the European holders Of our bonds in
gold! Are we not independents Of Eu.
rope, Are we beholden to any European
nation for any single necessity? II Eu-
ropeans do not want our silver, let them
keep their products and manufactures at
home; we can do without them. Why |
not have the silver bullion that is piled
up in the government vaults coined into
4l2A grain dollars and keep our gold at
Let our national obligations be
paid In silver ~ long IS we can produce
an ounce Of il. or at least dollar for
dollar with gold, 81 would have been
done years ago had not our government
been warped and stulti6ed and run in
the interests Of London and Wall street.
Shall q Of our greatest and most i'm
industries be ruined and closed
lown at the instigstion of cruel merci.
Shall many thousands Of stall
wage earners and men in all walks
Of life be driven from the homes they
spent the best years Of their lives
establishing out upon . cold and n
'ympathising world. simply that thegold
bugs may grow still more wealthy and
draw the collar Of slavery the tighter
around their victims necks. Not much.
Let the grand industry, that when the
life Of the nation was at stake proved
the mainstay for lie preservation, be by
Ill means preserved. Restore silver in
its beautiful purity to its former relation
10 the yellow metal. Restore to the in
d~ustriAl classes Of this great nation the
honest money Of our forefathers.