Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-06-27

ably about the amount above stated
3.25 cents. IA Lombard street, Lon.
don (where the drop was promui-
gated) 10 the radiaiing point from
which all quotations Of nnan.
cial character proceed, ~ Wall street
Is but tue echo OF tho other
--sneozlng when 1t takes snuh 90 put
it less clegantly-lhr decline had not
been registered many minutes In the
British headquarters before 1t was
posted at our self.constituied head
quarters, and the result, IA before az.
The cause OF England's determine.
lion to take the action spoken OF is 10.
yond doubt desire to have all paris
Of the empire Ia harmony with the
fountain head. India has all along
been not ouly silver standard coun.
try but exclusively 30 rs relates to iis
general circulation, while all the rosi
OF the qutcu's dominions maintain
gold standard. According 10 British
fysiems Of nnanciofing IL may In.
volve some confusion and even loss in
individual cases to have fuoh
state Of aa,lu provailj but
what about 22i,OOO,OOO people being
deprived OF their preferred system at
the behest Of one.iJufth OF that num-
Der or le,s? Have the people vino con.
siilute 70 vast a multitude, who people
a realm whose wealth has been the
theme Of poets, sta,eamen and econo.
misis for ages; who have no more
sufficient reason tor being subject to
Great Britain than have tho inhabi.
tanls OF the demon-slar Algol; whose
custom', habits, traditions, religion,
hopes and destiny are as separate anI
distinct as In the oaae Of any other
two races on earth; and who are sopa.
rated from those who i9ld them la
bondage aud tribute by more than a
third OF the globes fpau-have these
people no rights OF their own which IN
their helplessness the world will
aid them to maintain And
II they must give mp their monetary
system nj the caprice Of England now,
why not hereafter have u give up
everything else and a tho remainder
Of the worlds people be treated to the
spectacle Of a mighty race made
naught, denationalizsI AMI cmascu.
lated by another under the bias.
phemous pretense " Christianity nnd
signnlod by the black dag Of plfatloal
gtUtol
Butlflt 10 M much as tho world can
stand for the caudal appendagc 10 DO.
come the animal ITSELF a. In the case
Of the actual dependency becoming
the master of the whole situation,
why should we Of tho ireer aud more
favored West be- compelled 10 pay
tribute to-? We can get along very /
well within ourselves ifan emergency |
requiring such condition Of things
were to ariso-som, thing that IL alto |
geihor unlikely aud undesirable. |
But whom British methods 20 |
70 the extent Of neutraiiziug |
one.half Of the world's money, why |
follow IA tho English wake to that OK.
ien2 We have too much soil, too |
many resources, too grand a system
OF agriculture, too many building and |
iull-grown Interests and are altogether
too widespread IN oar characteristics |
to admit OF our getting along with a
financial policy which excludes elias.
ticity and promotes construction. with |
"A gold standari-what We have now /
practically reached through following
the British lead maintained, ouf
methods, our Practice, our plans, our
natures themselves would have TO
change, because neither can broaden
out and maintain breadth while On
vironed by cramplng circumstances.
As between a condition Of imitation
represented by paper money and
meaning uncertainty and instability
with the volume increasing by what
II feeds on, and contraction, repre-.
fonted by the destruction or with.
dTawal Of one Of the metallic moneys
recognized and upheld by the practices
and procepts Of ages OF civilization as
well as our own charter, let Us choose
neither. The safe middle ground is
all the real monoya nation can pro.
duce from ils soil In the form OF the
two recognized precious metals alta
fixed, unvarylUR ratio. We believe
the extreme measure just preclpitated
upon us will oventuato that very
thing; in the meantime we must be
patient and wait.
The ANARCHISTS PARDONED.