Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-07-25


same tenor. Passing over the latter,
wo conionse our quotations from tina
letter itself to one sentence, which
contains the kern, Of the whole doou.
menl:
WIN you use your influence with your
senators ana representatives, Ia Congress
personally or by loltor, In favor u
prompt repeal n tho purchasing clause
of the sherman aci2
II " not 10 bu expected that doctors
holding 10 different tyHtoms Of
practice viii diagnose the same case
alike. IA laot, those VINO buloag In
the same class do not always
do 10, aud as natural 70.
sult tho remedies suggested are al
variance with each other and some
times utterly Incompatible. This, In
such homUly phrase, Ia about the way
We look nj the financial situation; We
agree that there Il disease affecting
the body polite, but We cannot or do
not make the same diagnosis o. some
others do, and therefore the methods Of
treatment essentially conflict One
must be right and therefore all others
are wrong; or perhaps would DO better
to say that some one plan h better than
any Of the others. Now, which IL
that ouo2 Not, an We arc given to
see things, tho one set forth In the
circular.
The statement that the great
majority Of tho busincaa men OF the
country believe that ihesilver purchase
ing clause d Tho Sherman act
Ia responsible Tor the mischief IL one
that We respectfully taverso for two
rcasons lit Il not true; 2-lt ~ not
reasonable. Tho great majority Of the
buslnoss men OF this country arc not
contained In New York city nor IN
New York state, nor Ia all the eastern
states combined. There are great
many Of them there, nearly M many,
pcrhape, ~ Ia all the rect OF tho coun.
try, but all Of them 10 not believe a.
suggested and an overwhelming
majority Of the others believe the other
way. ltseema utterly impossible for
those who act merely a. uupplicrs by
Wholesale Ia the great marts for job-
tuFs and small dealofa further west,
nj present 10 estimate the consequences
which n ourtsilment Of The
currency impo'es upon the two
classoa last named. Their profile.
disllnguishably from the other class,
come from small transactions and im-
mediate payments. II IL not u thou
sand doliars' worth, or even hun.
dfcd asa rule, but dollars worth, Il
quarters worth or dimes
worth aud 1t IL almost uni
VERBALLY the case that silver pays II all.
or course when silver money 10 gradu-
ally dobased, then dishonoFed anl the
proposition Is finally made to demone.
uze II altogether, Il is no longer desir.
able /, any dealer while the larger ones
will have n thing to do with IL. The
I
tailed aB the available currency IL
curtailed aud this proceeding con.
tinued leads TO inevitable collapse
Now II the people Of the West aud
the South can maintain their business
with silver Ia FREQ ClToulation-not only
this but can grow and prosper with II
aud without twill sooner or later hay,
to retire from the leld,-- what posi-,
BILE manner can the eating away OF
the last prop which eustsins silver as
money be- beneficial 10 thrmg Argu.
ments which ito not meet aud satisfy
this question are sol down NJ 80 many
subtcrluges, no much sophistry, with
recorded and demonstrated facts IN,
other way. They (and wei are willing
Tor the Sherman inv TO go, but not
without something better taking IL
place.
Another proposition that we M,
unable to admit IL ono In the letter
ljreclsting u treasury plethoric VITA
gold as an early result OF tho dem1leli-
cation OF silver by the sherman law
repeal route. Il 10 easy to mako state,
munts. but those which carry convic
ton along with them are the only
kind that Will pass current at this stag,
OF the proceedings. lnwhat way woulI
silver's destruction bring that desider
alum? The circular jumps fum "a,
proposition 10 dispense with silver nm.
bring In gold with hippancy sugg,s!
ing that the laltor OF these things Is th'
natural sequence OF the other; but
little further on It gives Itself and 10
cause badly away by showing to IN
oonlraty-that the means relied upo
to bring the ruidy influx to cur vault
Is not decentralization hut the use o
our great credit abroa ! WY, goor
mir, on Messrs. rather, W. can Io thB,
noe; can DO 10 as we'll with the Sbcr
man law az without iI and In iacl
better 10 you must admit--ioE ever
though you hOiu silver to be- OF "a,
use ms money 4, Hili pomyssc
.omo sort Of value in the com
morcial world. Surely % b. as valusUl,
"a iron, aud would nu increase in ou
supply Of pig iron tujure our oreii
ablosl? But you will say, that is DO
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