Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1893-12-12
GOOD, SOLID FOUNDATION

Inc caldwell Tribune of a recent
date INDUCES in polished criticism
OF Populist doctrines, aud asserts tha,
Ton single substantial base = unlim.
tied coinage Of gold and silver suci,
miscellaneous assortment Of CHI
mera has been erected that practical
minds have come to regard the whole
fabric as q hopeless fantasm." There
is ono thing which must be admitted
by all friends Of the producers of
wealth, and that is that tho base is
sound snd solid, and any party or.
ganized on any other base is a fraud,
and whatever Of good they may
build on a foundation Of an unsui,-
stantial nature will be Of no avail.
The foundation is the main thing.
With that good and solid, the super
structure will he all right. Mis-
takes NAV be made ut first in the
structure, hut these can be easily cor
rected it found to be out Of joint and
not as substantial rs the architects IN
their plans and specifications might
show it to he, on paper. If the ma
terial used proves not to be adequate
to the purpose, other and stronger
and more durable material will be
used. If The foundation ls all right
there need be no fear but that the
superstructure will ultimately be one
Of symmetrical proportions and
sufficiently strong to stand the strain
1T the hurricanes and cyclones of op-
position, but if the foundation is
weak the entire structure is of nc
: value. The plans Of the Populis,
superstructure will undoubtedly soon
he changed. A change is under
. consideration and generally favored
by the chief architects. The fiat
money portion is out of line witt
> the foundation and gives the struc
,ure lop-sided appearance. 1t can
not rest gracefully and consistent,
;. on gold and silver foundation, will
II the latter claimed as the only tru'
and genuine currency. Although
the Tribune admits that the base j
perfect, how it can discard the who'll
, because of little imperfections in tn
structure that can and surely will b
r. made perfect, is hardly comprehensi
y. hle, and how that paper can uphold
party that is building on what
knows and acknowledges to be
false foundation, weak and too smal
for the structure that is reared
ID still more incomprehensible. I
build structure 10Oxl00 on a singl
gold basis 10xl0 makes the structur
u. look like an inverted cone, and sue
y a structure cannot stand. In fact
is already beginning 10 topple an
ri the tumbling has begun, and
!: called "financial crisis" "stringei
cy in the money MARKET" char
times" etc. The Tribune dives in'
ye mathematics and gives results, h'
lis does not furnish the rules and met
v. obs by whi.h the results are arrive
rs ut, but they are given with gre
Sc show of confidence in the correc
nd ness of the figures. The Trihu'
SAYS:
Whatever application Populist
in doctrines may have i'll perfect sta
he of society. need not now he al
,@r cussed. Under present conditl"
|. they are plainly inapplicahle. Go
y" ernment ownership of railroads III
eu telegraph lines is probably two hu
he dred wears forward; fiat money is
ng advance of civilization some y
II. thousand years, and the suh-'reasu
49,, scheme is only fit for angels and
''e vods. 1t is no disparagement
those principles TO say that they we
horn tefore their time and out
IT. ;oin, with the world. They are he
lu- tifc dreams which the coming ma
Ter NAV enjoy. But before attaining
If. their full frui,ion, the world will ha
=: ;, to be baptized in fire and pre-
'eu thoroughly purified"
81. This is generally considered to
~. the most enlightened nation on ear
=: but wc doubt it. We are ruled
England in the enactment OF
financial laws, and ruled to the be-
" ct Of that country and to our own
y, w. ination. England is the great or
itor nation and has succeeded
,c,. purchasing the enactment OF ieg''
Of ZION demonetzing silver, in max
ave money scarcer and more valuahie
her world over; in other words
uly greatly increased the value OF
-eat credits and proportionately increa
IN a tho value OF the debts, public
or private, that Americans and Ame'
.L..oeoro ,va cannot cont,