The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-11-08
+ the west, will be accordingly bene-

1teQ-
The Herald desired from the begin
ming of the contest that when the
Sherman makeshift was repealed some
thing permanent and Democratic1
should be substituted That is, a silver
coinage measure at some ratio agreed
upon by all parties or the majority
4 of them. 1t regarded the Voorhees,
bill as dangerous to the cause of pres
ent free coinage as advocated by the
Is to l silver men, and as likely to
pass When its passage became only
a question of endurance and obstruc-
ton, and there was no hope for any
thing definite except repeal we con-
Guided that the sooner that was ac-
| compuished the better for the whole
silver situation
Now we desire to impress upon the
readers of The Herald that silver has
not received it's death blow in the
repeal of the Sherman provision, that
it has not been .demonetized'' by that
repeal, that silver is no worse off in
the market than when the law was in
operation, and that the stories told on
these points by the Tribune and other
papers opposed to the present admins
tration are untrue and Intentionally
deceptive.
'Silver has received it's death blow
says the Tribune one day. Next day
it admits: SILVER advanced a little
yesterday" This shows that the silver
market has at least not been in
juriousiy affected by the repeal law
But our slippery contemporary will
say, it is as money that silver has
been destroyed. Even that is not true.
Silver is just as much the money of
the country to-day as it was before
the repeal law was passed. That ac-
ton has not changed the money status
of silver in the remotest degree. Speak
ing of the Democrats, the Tribune
said on Monday:
They have full control of both
Houses or Congress and the preSi-
Idency. The first thing they do is to
utterly destroy silver as money"
Is there any difference made at the
banks today as to silver as money
from their attitude towards it six
months ago? Will not a silver dollar
buy as much in a store. or in paying
for labor, or in any of the uses of
money as it would when the Sherman
law was in force? The Tribune's
statement is utterly false, take it
from any point of view that is posi-
bic.
In the same article in which that
falsehood is told we find this state
ment:
"silver has been demonetized since
1879
If that is true how could the Demo
Gratis destroy silver as money!" If
the Republicans in 1873 demonetized
silver, and it has not been remone-
tized SINCE how was it possible for
the Democrats to destroy that which
was destroyed twenty years ago. 1t
is like the Tribunes continued at
tempts to kill issues that have been
dead and buried for years in this ter
ritory.
On Tuesday it published editorially
an extract from Senator Stewards
article in the North American Re
view which closes. as follows:
"The passage of the proposed meas
ure 1.-THE repeal bill will reduce the
United States to a financial colony of
Great Britain and deprive the people
of the right to mine and coin their
own money, which was guaranteed by
the constitution
Is there any truth whatever in that
assertion? Not a syllable. BY the re-
peated showing of Stewart and the
Tribune, all that was done twenty
years ago by the Republican party.
The proof that their talk about the
destruction of silver and depriving
people of the right to mine and coin
it, is all froth and fury, without sense
or reason, is the Sherman law itself.
Did the Sherman law give people the
right to mine and coin money? Not
at all. Was not Senator Stewart in
favor of repeating the ''cowardly
makeshift" providing a free coinage
measure could be substituted? Ger
tainly. Then why say the repeal of a
law that was passed to prevent free
coinage, deprived the people of the
right to free coinage?
1t shows to what depths of duplicity
and folly even great Senators as well
as small newspapers can descend, in
endeavors to decry their political OPP
ponents. The Sherman law was a
sham. Silver went down to it's lowest
point under the operations of that law.
1t has slightly risen since the thing
was repealed. AS money metal sill
liver stands where it did under the
Sherman law. The statements that
the Democrats have destroyed it as
money or as marketable metal is
entirely false.
When a silver law is passed, as we
believe it will be, providing for the
coinage of both metals without dis
elimination or charge of n1intage, but
Ion an agreed ratio to preserve the