The Meeker herald., 1893-08-19

American secur ties, but make naste W eacfr
flee those which they already have IL does
not meet the situation TO say that appreheh-
sion in regard to the future OF our finances IS
proundless and that there Is no reason 1or
lack Of confidence in the purposes or power oil
the government In the premises. Inc very
existence OF this apprehension and lack OF
confidence, however caused, Is menace
which ought not for moment 10 be disre-
gard, l.
Possibly, II the undertaking We have IN
hand were the maintenance oil specihc
known quantity of silver at parity win
gold, our ability to do so might be estimated
and gagged, and perhaps In view oil our I'M
parallel growth and resources, might be Ia
yorably passed upon. But when our avowed
eudeayor Is to maintain such parity In regard
TO an amount of silver increasing at the rate
of $50 OU0, 900 yearly, with no fixed termina-
ton to such increase, II can hardly be SAID
that i problem has been presented whose so
luton Is free from doubt,
The people OF the United States arc en-
titled to a sound and stable currency and TO
money recognized such on every exchange
and in every market OF the world Their
government ha, no right to iniure them by
opp'7NA
and practice OF other civilized states, nor is 1t
justified in permitting an exaggerated aud un-
reasonable reliance on our national strength
and ability to jeopardlze the soundness oil the
peoples money This matter rises above the
plain OF party politics. 1t vitality concerns
every business and calling and enters every
household in the land.
There f. one important aspect OF the sub
ject which especially should not be over
looked AT times Ike .he present, when the
evils OF unsound finance threaten Us, the
Spectator may anticipate harvest gathered
from mlsfortunes OF others, the capitalist
may protect himself by boarding, or may even
find profit in the tiuctuatlon OF values, but the
Nage-earner-the first to be injured By de-
prcclated currency and the last to receive the
benefit OF Its correction-ls practically de-
fenseless. He relies for work upon the ven
lures of confident and contented capital.
This falling him, his condition Is without al
deviation, for he can neither prey on the mis-
fortunes Of others nor hoard his labor. One
Of the greatest statesmen that our country has
known, speaking more than 20 years ago
when arrangement OF the currency had
caused commercial distress, said The very
man Of all other. who has the deepest interest
In a sound currency and who suffers by mis-
chicrous legislation In monetary matters is
the man who earns his daily bread by bi.
daily toll
These words are as pertinent now as on
the day they were uttered and ought TO im-
prcssiyely remind us that failure in the dis
charge of our duty at this time must especially
iujure those who labor, and who, because OK
-. ,t.ar f..I IN
the most watchfu care OF the government.
at Is Of the utmost importance that such
relief as congress can afford in the existing
situation be afforded at once The maxim,
lie gives twice who gives quickly IA Ill
rectly applicable. II may be true that tic
cmbarrassmcnts from which the business OF
tho country is suffering arise as much from
evils apprehended AS those actually existing
We may hope, too, that calm couuscls Will
prevail and that neither the capitalists mol
the wage-carners will give way to unreasona-
BILE panic and sacriflce their property or their
interests under the influence OF exaggerated
fcars
Nevertheless, every days delay in reuioy-
Ing one OF the plain aud principal causes Of
the present state OF things enlargcs the mis-
chief already done and increases the rc-popsl-
bnity Of the government for Its existence.
Whatever el-e the people have rlsh 10 eS-
poet from Congress, they may certainly de-
maud that legislation condemned by the or
,leall Of three ygars diAasiranS ernerl ,
soon Ns their Representatives can lcgitimately
deal with it. 1t was my purpose to summon
Congress. IN special session early in Septcm-
Der that We might enter promptly upon the