The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-07-11

United States Senator Chandler, In Q
isssss 70 the New York Tribune. says that
tha present commercial and financial
troubles are not due to the silver isv Of
1ass. but directly and solely 70 the pros
pees 81 the overthrow Of protection BY the
Democraiic party. We quote:
The disssuss and misspprshsnsioa which, In
asei. truly have already caused great los snd
1agasEs to our people. and thfssssn 70 cripple
eur sasrchants, stop the Wheels OF manussetuse.
brisg ssissfsss and privstion 70 our farmers. aad
Witahssld from our wosktnRmen the wages OF
laba,. ssiss mos u eli because the treasury buys
soeA Eaoath A5o.ao0 ounces Of silver bullion
isstsse OF eoinisg 2oD.0D silver dollar. bu.
N.Y. esms solely and entirely from the election
- Grover cisveisnd and . majority OF fhs tvo
honses Of congress upon platform and pledge
Mat tas Mckinley set shall be reresied. sad
shas 81 laws far the projection OF American
insesisiss sgasnss fcsesxa composition shall
b ssesasd unconstitutional ana revoked aad
Anm@liSd.
Senator Chan6tes IL only half right: he
10 msssaaksn in ssppossng that the nresen,
business dis:rns. sad industrial paralysis
IL cas- exclusively 70 the popular appre-
ksssskss thai protection is 10 be destroyed.
II IL tine that this apprehension has con-
trih lid 70 rrosnes The present situation.
bat Il 10 nos the sole cause, nor is il the
rrsaSs eaass. Ths chief cause Of the pres
sns slssras: skich siops trade IL, ss Ed
sGs atkinson ssys. because the quality
Of s.ls saon~y that IL ia~fal in the United
Etasss il doubted. Mr.. Atkinson says that
inns dsiibi o. TIE quality of our money has
-. (.,rs A. a.
macs 81 silver into circulation under an
act II legal tender. which dollar is not,
worth a. much alter IL Is melted a. il pur-
porss 80 be in tho cola. Bad money which
10 4. ga tender drives good money out OF
:sreaIsiioa. Rad legal tender money H.
nos driviag good money made Of gold ont;
OF se3slsllon.
o,sos money consists 81 coin which Is
woE IA 50 macs after 10 IL melted into bal
Hon AZ q parpor.ed 20 lie worth In coin
ea.'t dpllsFs are coed money because thsy
are @oysA much in bullion IS they are
Ia edn Silver dollars are bad money he
eansa ihey are not. They serve the pur-
rose al good money only 50 leng as the
government fedeems ,hea in ro,d or It's
saussasent. II Is Just as certain that the
Bas,aess public win lie aiil csed with dis.
.tus1 as.'i ask Itself how long can govern
negf eantinac - redeem iss ceaseless aos
II bal taoRey in goa or its equivalent as
IL is that the Business public auald AK
hos lens she netes o; very rich man. Ike
Vanderbilt, Asior or Could, ceAseiesst =
rmigiesi. weald continue 10 tie gi!t-efSed
rap,t The pFcseat situation IL ssa. 10
the 3iss rus; created by The coinage % 81.
scr to.4 srs which are not worth a. much
sf,ea sgssy are melted as they pa.pors to ee
WORTH IN coin.
TIA eie~s Of Mr.. Askia.sa, who stand.
In tee frs; RANK Of American political
econ insists aud stasls:scisns. are sustained
by +. q. Leeeh. ex-airecsos of the nite,i
Stats, mint. Who holds that unless ia.
rr~ses,, SILVER law Is removed /. seems in
svitsele, tina. eur currency mass reach a
slver bass. Mr.. Ieseh answers the qur.-
uon siist . silver easss means BY ssy.
los xha, IL means. '.tn the fret in
stane<. violent ana enormous con-
traction OF cur currency BY the with
drs~El :oi god coins and gold ee-;if-
raies fr.sm circulation. After the frs.
sheek. y;hen values have adjusted them
sesven s, existing conditions. q means
that ne paving roser u Cur money in
foreiea exchanges wia - deprecated 10
The eam.nsrcial salne Of oar silver dollar.
uhate~e: that may -. We have an er.
ssllens Illustration IN onr ness neisaeor--
nea.e = :of . eoantgy shieA is en = settled
silver essss The Mexlesn silver dollar
Aishcwgttis ecnfslns more SILVER than our
Solar his purchasing rowes IN fores sn
sxchaa ssss eaasl ossy - as yagae IS SILVER
hal.ioe Mr.. Lssea continues
DsssSss ceussass vsaeA 80 sas sAns neal