Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1893-08-01

VIEWS or SILVER hgN.


senator jones and 6ea- warner Taak
Aheas the Present Bstsasaon.
Gen. A. J. Warner, president Of
the Bi-metallic League, held con
ference with Senator Jones, Of Ne
vads, in New York recently. The
announcement that Congress will
hold An extra session August 7th
mskes it necessary for the bimetallists
to come together. After the confer
ece . reporter saw both Mr.. Warner
and Senator Jones. Gen. Warner
was asked to express himself upon
the present condition Of the silver
question, and said:
1--WE have now arrived It the most
critical period of the century. In
fact, / consider the present move
ment, with regard to silver, the most
important economic revolution in
history. 1t is life and death strug-
gle, not only for bimetalism, but for
metallic money. If bimetalIism goes,
monometalism will also go, and the
principle of the antomatic regulation
of money, that is TO say, ITS regulation
through the production Of the mines,
will come to an end. Bimetallists
favor the retention Of both gold and
silver at q parity, but a. what ratio
can be determined only after both
are admitted to monetary use on
equal terms. If, after that has been
done, the United States cannot main-
tain the parity of 16 to the ratio
can be changed, as it was before"
At this point Senator Jones added:
"1f the non-producing and income
receiving and creditor classes con-
spire in their interests to destroy the
automatic system by the demonetiz-
alton of one of the metals, and that
the only one of the metals that prom
ises supply sufficient to maintain
equity Of contracts and stability of
prices and to prevent q destructive
rise in the value of the unit of money,
1t may not be matter of surprise if
the producing classes and debtors in
turn should unite TO serve the other
metal in the same way"
HAZARD CIRCULAR, WHERE IT WAS
FOUND.
Col. Lee Crandau, Secretary Nation
l Erecutiue Sluer Committes-SIR:-l
In reply to your polite request of
yesterday, expressing desire to be
informed of the origin of the copy of
the "Hazzard Circular" copied by
The National View some four years
ago from the columns of the Council
Grove Guard, then published by me
in Council Grove, Kansas, / have to
say that | obtained the original copy |
from Mr.. ]. W. Simcock, the cash. |
er of the First National Bank of |
Council Grove, Kansas. l, at that
time, say about the year 1873, was
he attorney for that bank, and one
lay when the cashier was writing MP
md arranging large number of ac-
,umulated letters and other papers
'f supposed value either be or l came
across the "Hazzard Circular to-
yether with the circular of the Amer
can bankers and signed by one
Buell.. l asked Mr.. Simcock for these
wo circulars and he gave them to
ne then, and at the same time, in re-
'lying to questions l asked him, he
aid that their day of usefulness was
'ver, that his friends in New York,
ome bankers there, sent them to
'im, that he might the better under
tand the history and origin of the
rational banking system, as he was
comparatively a new banker. kept
hem for the light they threw upon
he financial questions of the times,
md published the "Hazzsrd Crcu-
ar" first September Is, 1886, omit
ing the date therefrom, for the rea-
on that it had dropped off, having
'een SO folded that when l came to
'rint it the date had been lost off.
The date was that of the summer OF
all of 1862, but the exact month or
lay cannot recollect, November,
hink. Very respectfully,
ISAAC SHARP,
72S Terth Street, N. W., Washing
on, d. c., August 20, 1890.
THE HAzZARB CIRCULAR.
In 1862 an agent of European cap
talists sent the following "con6den-