The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1893-08-12
There Must Be No Compromise

There Must Be No Compromise.
Next Monday representative men
from every county in the State will
be in Ketchum in attendance on
the State Silver Convention. They
are coming in a good cause, and
the result oftheir deliberations will
be heralded throughout the length
and breadth of the Nation. Their
utterance, after receiving the Pres
ident's ultimatum, and at this time
when iukewarm silver men are urg-
ing a 20 to compromise, will be
received as an indication ofthe sem
timent of the silver producing states
on the compromise question. Any
faltering or halfway action on the
part of this convention at this crit
ical time will be weakening and
disastrous to the cause; frmness
must be depicted in every sentence
and the platform laid down at Chi
cage last week, where silver dele
gates from every state in the Union
were assembled, should be unani-
mously endorsed. Idaho, whose
every industry depends upon the
position occupied by silver, can do
no less, or be less positive in her
demands, than were the thirty-six
sister states, represented at the Chi
cago convention, who, though they
produce not an ounce of silver
within their borders, demand the
free coinage of silver at ratio of
1G to /, and oppose any compro-
mise whatsoever. Idaho should 60
still further and instruct her mem
bers of congress that their constitu
ents will consider them traitors to
the Commonwealth of Idaho should
they vote for a ratio greater than
16 to l.. The Chicago convention,
which was national in character
and make up, enunciated the fol-
lowing declaration of principles,
and should Idaho fail to meet this
standard, her name should be OBJ
liberated from the sisterhood which
goes to make up this great and
glorious Union:
First-That there must be no compro-
mise of this question; all legislation de-
silver and restricting the
thereof must be Immediately and
repealed by an act restoring
The coinage Of the country to the condi-
lions established by the founders of the
nation, and which continued for over
eighty years withou. complaint from any
part Of our people. Every hours delay
n undOng the corrupt work of Ernest
oeyd and our foreign enemies is an insult
% the dignity of the American people,
burden on her property, aud an
attempt to place us again under the yoke
rom which George Washington and his
rescued us. We protest
against the financial policy of the United
States being maze dependent upon the
opinions or policies of any foreign gov
and assert the power of this ma
ion to stand on its own feet and legisIate.
or itself upon all subjects.
OPEN THE MINIS To GOLD AND SILVER.
Second We assert that the only RENE
ly for our metallic financial troubles is to
'pen the minis of the nation to gold and
liver on equal terms, at the old ratio of
g ounces of silver to l of gold. When
yer silver bullion can be exchanged at
he minis of the United States for legal
ender silver dollars worth 100 cents each,
hat moment 41212 grains of standard
liver will be worth 100 cents; and, as
commerce equalizes the price of all com
nodities throughout the world, when
yer 4121a grains of standard silver are
worth 100 cents in the United States, they
will be worth that sum everywhere else,
nd cannot be bought for less. While it
vlll be urged that such result would |
nhance the price of silver bullion, it is
efficient for US to know that a similar
Increase would be Immediately made in
he price of every form Of property, ex-
ept gold and credits, in the civilized
world. 1t would be shallow selfshness
hat would deny to the mining industries
t the cost of bankruptcy to the whole
'eople. The legislation to demonetize
liver has given an unjust increase to the
aluc of gold to the cost and prosperity
f mankind. Wheat and all other agri.
ultural products have fallen side by side
With silver.
NO REPEAL WITHOUT SUBSTITUTE.
Third-That while the SHERMAN act"
f July IA, 1890, was a device Of the en-
my to prevent the restoration of free
oinage, and is greatly Objectionable be-
ause it continues the practical exclusion
f silver from the minis aud reduces it
rom money metal to q commercial
commodity; nevertheless, as its repeal,
Without the restoration of free coinage.
you'd stop the expansion of our currency
cquired by our growth in population and
BUSINESS, widen still further the difference
'etweep the two precious metals, thus
making the return to bimetallsm more
ifficult, greatly increase the purchasing
'ower of gold, still further break down
he price of the products of the farm and
he laborer, the mechanic and the trades
aan and plunge still further all cou.-
nerce, business and industry into such
epths of wretchedness as to endanger
eace, order, the preservation Of free in
titutions and the very maintenance of
rec civilization, we, therefore. in the
anne OF the republic and of humanity,
rotest against the repeal of the said act
f July IA, 1890, except by an act restor-
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