The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1892-12-20

and the people grow poorer and poorer.
We hope and trust that the editorial
statesmen, and all other statesmen who
profess to consider the welfare Of the
people will be brought to concede at
last that only the United States can SET
tie Gnd maintain the financial policy Of
the United States. When they concede
this the silver problem will be q problem
no longer.
And so the Wall street go'dbugs are going
to make a fight on Speaker Crlsp2 Wei,
well.
A Possible Case.
Right on the heels Of the increased
discovery of q rich mine in Ontario, fol-
lows the story of a phenomenal placer
mine on the San Juan river, in Arizona.
People are rushing to the Arizona mine
Just as they did in the days of the gold
fever in California. When a man can
wash out $500 worth of the yellow
metal in q day and q half it is natural
that people should get excited. 1t is pos
sible that the reports are exaggerated,
but if they are true the controlling posi-
ton Of gold in the monetary world may
be seriously disturbed The advocates Of
the gold standard base their whole argyll
ment upon the assumption that gold is
scarce in comparison with silver. New
discoveries and the progress of science
may ut any time reverse these conditions.
Suppose the new mines turn out to be
the richest ever known, and that the new
discoveries in the matter of cheaply Sepa-
rating the precious metal from other ores
prove satisfactory, what will be the re-
suit?
Naturally, under such conditions gold
would depreciate In value. and silver
would rise. There would be q general
demand for the decentralization of gold,
or for the double standard AS Il ComprO-
mise. and the silver men of the United
States would suddenly be reinforced by
the already discontinued masses Of Eng
land and Germany, and the governments
Of those countries would be unable to
withstand the pressure
Nothing Of the kind may occur but we
have suggested q possible case. No ma
ton will be wise if it pins its faith to
gold alone Silver has many times been
at q premium over gold. and it viii not
do to assume that the latter will always
be scarce enough to justify its present
position. This is, Of course in the nature
OF q speculative discussion OF q posi-
blity. but we should not close our eyes
to the fact that there may some time be
i u
value of gold and silver.
The Reform club should reform.
the H'nney-Making Faculty.
Colonel Bob Ingersoll says that the
genius for making and accommodating mon
ey is just as distinct as o genius for
music, or painting. Never ask q man:
why do you not make money!" You
might as we'll ask him: Why do you
not paint 3 picture?" Colonel Insersou
goes on TO say that the faculty for acclm-
uiating money is Unborn. The average
professor with his head cralnmed full Of
knowledge has no practical ideas. He
could not start a fire with three bushels
of pine shavings and two boxes OF
matches.
This is g very striking way Of putting
1t, but it is more than half true. The
man with the money-makng genius has
10 follow his bent just as the writer, the
singer and the painter are forced onward
in their Speciaities by their dominant
faculties.
Accepting this as the correct view, it
is lust rs absurd and unfair to condemn
'he money maker who makes q proper use
of his opportunities and his wealth as it
would be to censure an artist or a p0ot
for developing and utilizing his peculiar
gift.
Ingersoll has got it down about right.
Elicry Anderson has given Speaker Crisp
big boom, lie didn't need it, but it is just
rs well to have it.