The state herald. (Holyoke, Logan County, Colo.) 1887-1921, 1893-09-08
WORDS OF WISDOM.
Ooorados Junior Senator Reads the Riot Act to
Eastern Republicans.
A MAGNIFICENT PLEA FOR SILVER.


always 30. II Is different now. The
wolf Is dwelling with the lamb and the
leopard 10 lying down with the kid. This
harmony. fear. will not long continue.
and when they arise they will be fewer
In number There can be but one chair
OF the finance committee and
without In the least undertaking the
abilities of the senator from Indiana,
those OF US who have watched this
course of financial Legislation for
the past 20 years commencing with
tho decentralization Of silver In 1873.
must be pardoned II we look forward to
the resumption Of the control of the
committee by the senator from Ohio.
and II we recall In this connection Pha-
roah's dream Of the lean kline In what
l have said beg to be understood as
Offering no criticism respecting the san
ator from Indiana. He has been 30 long
an advocate Of silver that cannot yet
believe he will desert the cause or cast
his vote for unconditional repeal, l only
venture to remind him. in view of his
past utterances that old Solomon did not
belle his reputation for wisdom when he
said It's better that thou shallst not
vow that that thou shouldst VOW and
not pny.'
The report of the nnance eoumiuee,
signed by two Democrats and four Repub-
licans and not concurred In by four Dem
ocrats and one Republican. Is bedecked
with plumage which 1t has no right to
wear. The issue " clear enough, and
nobody Is deceived by the verbinge OF the
report. silver Is to be demonetized. the
Sherman law to be robbed of its pur-
chasing clause. There is always to-
morrow and 1t Is unwise to close our eyes
to the character of the proposition. No
man can be n bi-metallist in the sense
that he believes in the further coinage
OF both gold and silver by the United
States. and advocate the bill. The
president will undoubtedly veto any inde-
pendent measure for the free coinage Of
silver and there Is not a senator In this
body who does not believe this to be true.
The only possible chance to save silver
is to couple any provision looking to 4
change In the Sherman act with some
measure recognizing and establishing sill
YER coinage. Any man who will vouch
for Mr.. Cleveland us II bi-metallist would
vouch for the man In the moon. II In
urged upon us that we have been called
together for a specified purpose, and that
II In our duty to accomplish that
and that only. and then go home.
IT Ia everywhere admitted that we
need further legislation respecting
silver. but 1t is glibly said that we can
have that later. Why not now? Con-
grehs In In session 10 deal with the flnan-
cial question. We are all of US advised
as to the situation. We shall never
know more than we know now about sill
yer.
settle the silver Question Now.
1t is conceded en- every hand that the
sherman act had nothing TO do with the
existing financial panic. Then why not
at this time determine IL policy which
this country should follow and bring the
subject 10. lnalliy? We are told that Il
is essential that we act quickly. Very
true, and IL We are all bi-me,alilsts and
nIi favor repeal OF the Sherman net no
obstacle stands In the way OF speedy ac-
ton. and l may be permitted to suggest
to gentlemen who are In 30 great hurry
that II time be OF value to them they may
perhaps secure repeal far more quickly
by coupling with II some fair provision
Tor silver coinage than In the way sug-
gested by the finance committee. 1t may
be true. as the senator from New York
last week foretoid with confidence, that
the purchasing clause OF the Sherman act
VIII be surely ana Internationally re-
penlcd. but II is equally true tina: he may
possibly find II necessary after time to
revise his prophecy. Since this subject
was thrcshed over during the last con-
gress two new reasons have been ad-
vanced why silver should cease to be
either purchased or coined at our minis.
They are pcrsistently presented to us by
the advocates OF the bill reported by the
finance committee. They are. nrst. that
our abandonment OF silver will compel
England to agree TO AN International
conference and TO the restoration OF sill
yer IS money metal to be freely coined
M offered. and smother that the repeal OF
the purchasing clause win restore conf
dencc In our finances and our financial
Institutions to the people. who have lost
faith In business. We nr. constantly ar
surcd that our abandonment OF silver
will force England to an international
agreement. This may be true. There II
not gold enough In the world to do It's
business md some day this Will be rec
ognized by the mono-metaillst countries,
But the time Is far away.
Evil. 0t Drmossttsatlon.
CAPITAL Is strong and selfish. This sen
ate chamber today In the best possible
exemplihention OF It's power. nni the long
period OF suffering and of shrinkase will
pass before VIC return to the doubl"
standard. Meanwhile the sections here
toforr devoted TO search for silver viii
become iarg,ly depopuisted. The mines
will MI with water. tho timberr which
sustain their walls will rot. the vast In
dustric~ dependent for success on the
mining regions will become bankrupt and
n generation will not serve TO renew their
prosperity. even after silver may he re.
monstixed. Investments In railroads.
mines. smel,era and other property III
reotiy and fatally affected by tho action
recommended bv the finance committee
aggregate morn than 81 .0oo.0co and they
arc all to be sacrificed that we may make
our financial policy In exact accord with
ur-at britain. the creditor of tho world
The argument II as " on. should say
protection II wise and must be the hui.
wnrk OF our prosperity. II is threatened
year after year by the advocates OF free
trade. There II enc why TO settle the ny
ithtion finally and forever. Submit to ab.
noiutr frr~ trade. A few years will show
IN" folly OF H. The country will then 10.
turn to protection. and you will not b.
hrnin disturbed. piciuf. the eag-rn.,.
wa which New England would sra,p
IN" nusFvHtion, the warm hearted wei.
com" she would extend to tn. friend.
who thus advised her.
Since ! have referred TO IN, subject of
protection another word may aa well bs
said. There II no analogy between IRE.