The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1893-07-08

the relaung tacts OF silver decentralization.
The time has come when peoi lie must begin
to think. -s.sra1,
THE PAorpeN WAKING uP.
Surprising silver il the form Of money he
subject to 1.-THE natural law OF supply and de
mand, like useful and consumable eommo-
dities, such us wool and cotton and wheat
and meat Ga fiilse and fallacious superstition,
as, b ing mere measure of value, there is
no more reason for coined silver rising and
falling with the fluctuaton OF commodity
prices than there is for yard-sticks and liquid
measures varying in tn ir quantity measure
ments under the same circumstances), when
and where did this assumed law ever in rly
Justify the depreciation of silver by legisla-
ton? When and where did tn. people, the
wealth makers, they who produce the natural
forms OF wealth, they who transform til IN,
| and they who transport and exchange them
when so Transformed, complain that they
We're burdened with an OVER supply of silver?
| The statem' mt that silver has declined in
value because OF an over supply of it in use is
the falsest OF the false Its decline in value
was the result of an artificial lava law
made and nforced, not by or ut the instance
and request Of any honest or us ful class Of
society, but by crafty, labor-robbing combi-
nations OF usurers, confedrrated in all parts
Of the world into one gigantic conspiracy to
corrupt courts and congress and hold the
masses down in poverty and industrial
| slavery Natural law has had no more to do
with the depreciation Of silver than it has had
to do with the Whit. chapel murders; and the
people now well understand this. You can
fool some os~saa people all Of The time; son
can Tool All opthe people some Of the time;
but you can 'tsw,.,i all Of the people al ih-
time" They m seking upl
pEMONETIzATrM SECURED THOUGH TRICKERY
What are the mdisputable facts? Why was
silver dcmoneti& q in this country? Had the
necessity Thereof been the subject Of discus
sion in the puble prints or on the hastings!
! We're any kindtof government obligations
payable in gold alone? No; the interest was
, payable in coil (gold or silver, and the
, principal in Lawful money" The greenbacks
: exchanged at par for the bonds had cost the
/ bond purchasers Pnly from 40 to 60 CENTS on
the dollar, and down to the passage OF what
, is known as "the credit strengthening act o
! 1869, four years alter the close OF the war
q John Sherman hims Ii held. along with Nor
ton. Stevens, Wade, and other party leaders
that money good enough for the pillow
holder was good enough for the bondhoder,
: In 1868 Mr.. sherman wrote: II think tn,
! bondholder violates hiapromise when he re
Jus 5 TO take the same kmd OF money he pal,
, for the bonds" This waA in 1873, when Mr.
! Sherman was only worth thousands to whcr
' he is now worth hundreds OF thousands
K What the relations may be between Mr. Sher
mans change Of private fortune and chang
d Of financial opinions the reader may decd
y for himself. The demonstration act wa
5 passed year fore the act resuming speci
payments-a measure based on the false pre-
: tense that the government could pay its oil
legations in gold, when, as a matter Of fact, j
: could not command enough gold to pay tn
/ interest upon them without r,sorting t.
2 premiums and discounts in successive bon
i ssu. =. At the time Of characterization ther
was more silver in circulation on the Pacifi
n coast than throughout the balance Of TIL
n country. Why, then, was silver q, monetizcd
) For the sole and single purpose Of maxim
3 the national and all other classes OF debt
!. more valuable in the hands Of their owners
by making all debts payable exclusively i
= gold. II was in the special interest Of til
= creditor classes and morally was as bar,
2 faced a robbery as highwayman ever con
i mitted with pistol in hand The means r.
h sorted to in this robbery of world was eyr
more atrocous than employed by the robb.
n OF the road. Congp ssmen who were ne
d trickcd into voting for the characterization
e silver we're bmbed General Grant said /
: did not understand the import Of the hi
: when he signed il; even the astute Blain,
- Il L. u -