The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1893-08-24

venient target, then speculatlng and
overtrading will have their turn.
Many other allegations will be made
totally irrelevant to the real issue, but
satisfactory to the moral tendencies
Of financial writer's. The great dan
ger of the time viii be that among all
this confusion and strife England's
supremacy in commerce and manu-
lures may go backwards to an extent
which cannot be redressed when the
real cause, demonetization of silver,
becomes recognized and the natural
remedy is applied"
The last clause expresses the only
portion of this prophecy yet unful-
filed and clearly points the way by
which the United States may again
obtain commercial supremacy.
There is a very large and respecta-
BILE class of our fellow citizens who
|
would be glad to see silver restored
but who do not think the United
States could maintain the parity of
the two metals in the absence of an
international agreement. We would
call the attention of all such to
statement made by the late Mr.. Blaine
that those have always been most
successful in dealing with financial
affairs of our government, who have
the greatest confidence in the resour-
ces and credit of the country, We
, believe the United States is strong
! enough, and that Its wealth and credit
are so great that il can decree what
the position Of silver in the silver
world is to be- We know that France
f for 20 years maintained ratio be-
e tween gold and silver; we know that
0 Spain fixed a rali0-of silver and gold
: through two centuries; we know that
S the little kingdom of Portugal fixed
= a ratio and long maintained it, and we
e believe that what France, Spain and
+ Portugal did at different times can be
done by the United States Of America.
e In advocating this course we claim
Il to be the real conservative champions
b of sound money The advocates of
it the gold standard well know that
0 there is not enough of their favorite
Il metal to sustain the system through
n out the world and yet are SO preju-
Il diced against the use Of silver that
Il they prefer fiat money as necessary
it assietant We have been on gold
;, basis since 1873. 1t has brought us
it stagnation and ruin and yet SO far
l. from turning to silver to help pull
IS through the trouble they issue fat
10 money, good among bankers only, i'll
e. defiance of the United States statute,
ut which imposes tax Of 10 per cent
~ upon such circulation. The bankers
re of various cities have already issued
I'd over $50, 900, 600 in clearing house
te certificates in accordance with this
ct scheme, We condemn this treason o.
ed the law as an attempt to avert the ne
at cessity for free coinage by doubtful
ds financial expedients. We earnestly
ce recommend that congress make Ger
be tificates, issued upon deposits of silvel
Id coin, full legal tender as the coin 81
Lrs deposited. Recent events have em
IN phaszed the fact that the restoration
ur of silver to full and unlimited coinage
to at the American ratio of 16 to l i
in the paramount issue before the Amer
of lean people, and the people of ldah'
of hereby record their convictions that
ed congress shall fail to pass free coin
en- age law at this session it will be nee
Continued on fourth page)