Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1893-05-16
BIMRrALLIssa
Gladst0ne's Latest Views IN This
Interesting subject


in the city Of Edinburgh is reported
~ follows:
Mr.. Gladstone said:
snow, am sure we all have a
most profound veneration Tor the
currency, and there are at least three
aspects in which the subject might be
regarded, but as time is at present OF
great vslue--you are familiar with
the popular and highly expressive
saying that time is money, and it has
= currency Of its own which we can
not, and at the time OF life at which !
have now arrived l especially must
not disregard shall content myself
with saying 10 single word that
currency reform means bimetallism.
Loud and prolonged cheering
] might refer you to my former ut
serances on this question, but though
/ am not aware that any Of the prin-
ciples which ! have on previous occa-
sions enunciated arc obsolete or map
plicahle to existing conditions, ! am
now ip position to say that ! re-
gard bimetallism a. . question which
is fully ripe for discussion, and that
we are rapidly approaching the time
when il must become ripe for settle
nent on broad and final basis.
Gentlemen, va are bound to take into
our consideration not only the limited
GLASS Of creditors for whom an appro-
ciatsd standard Of value has natural
~ : strong and irresistible attraction;
but we must acknowledge that it is
the duty Of . Democratic Legislature
to supply . much larger class Of peo-
pie who require money for payment
Of their debts with . currency to
which they may have access on easier
terms. Loud applause.l
1T u essential at the same time to
provide standard Of value which
shall be ~ little auctuating ~ the
variable conditions regulating the
supply and the demand for the pro-
cious metals will permit. Now, it
has been demonstrated by Mr.. Griffen
and other high authorities, that within
the last few years gold has varied
from 70 to rs per cent, and even
from 30 to 40 per cent. in relation to
other commodities. The people,
whose judgment on al such ques-
tions must be FINAL, guided by tina,
divine intuition which distinguishes
those whom ! may call the masses
from the moro arti6cially moulded
components Of society designated the
classes, have arrived 1t the conclu-
sion that, to correct the variable
tendency Of gold, It must, as a stand.
ard OF value and As a legal medium
for the interchange OF commodities,
be linked indissolubly with silver
u has been said that it passes the
wit OF man to devise = scheme by
which a variable standard of value
shall be made less Auctuating by
linking 1t with another metal which ia
mnoh more variable.
But l say there are at least TWEEN.
ty ways in which the desired end may
be attained, or ct least approached in
such q degree IS may appreciably
alleviate the present unfavorable con.
ditions; and il will be the duty of any
government which you may choose
10 administer the affairs OF this coun.
try to find plan and provide for the
debtors and the wage earners of the
country that plentiful supply of cur.
rent coin which they most reasonably
demand as an elementary right, and
at the same time so secure for farmers
and other producers those higher
prices for their commodities which
they have an equal right to insis,
npon. Loud aud prolonged ap-
plauss.l"
The bureau OF statistics. in n report