The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1893-08-19

cline of prosperity all over the
world.
The strong doctrinaraism exist
ing in England as regards to the
gold valuation is 80 believed that
when the time of general depress-
ion sets in, then will be the special
feature. The economical author
tiles of the country will not listen to
the cause here forshadowed. Every
possible attempt will be made to
prove that the decline of COM
MERGE is due to all sorts of causes
on irreconciliable matters. The
work man and his strikes will be
the FIRST convenient target, then
specializing and over trading will
have their turn. Many other alle-
cations will be made totally ire
levant to the real issue, but salts
factory to the moral tendencies Of
financial writer's. The great dan
ger of the time will be that among
all this confusion and strife Eng
lands supremacy in commerce
and manufactures may 60 back
wards to an extent which cannot
ba redressed when the real cause,
demonstration of silver, becomes
recognized and the natural remedy
is applied"
The last clause expresses the
only portion of this prophecy yet
unfulfilled and clearly points the
way by which the United States
may again obtain commercial
supremacy.
There is a very large and respect
able class of our fellow citizens
who would be glad to see silver re-
stored but who do not think the
United States could maintain the
parity of the two metals in the
absence of an International agree
ment. We would call the atten.
ton of all such to statement
made by the late Mr.. Blaine that
those have always been most sue
cessful in dealing with financial
affairs of our government, who
have the greatest confidence in the
resources and credit of the country.
We believe the United States is
strong enough, and that its wealth
and credit are so great that it can
decree what the position of silver
in the world is to be. We know
that France for 70 years maintain.
ed a ratio between gold and silver;
we know that Spain fixed a ratio
of gold and silver through two
centuries; we know that the little
kingdom of Portugal fixed ratio
and long maintained it, and we be-
lisve that what France, Spain and
Portugal have done at different
times can be done by the United
States Of America.
In advocating this course W.
claim to be the real conservative
champions of sound money Thu
advocates of the gold standard
we'll know that there is not enough
of their favorite metal to sustain
the system throughout the world
and yet are 60 prejudiced agains
the use of silver that they pefe
fat money az q necessary assist
ant. We have been on q golt
basis since 1873. It has brough
US stagnation and ruin and yet q
far from turning to silver to hell
pull through the trouble they issu'
| fat money only good among bank
ers in defiance OF the United State
statute which imposes tax of to,
per. cent upon such circulation
The bankers of various cities hav,
already issued over $50, OO0, OOl
in clearing house certificates in &C
cordance with this scheme. w
condemn this treason Of the To-
10 IN attempt TO avert the neces
sity for free coinage by doubtful
financial expedients. We earnest
| ~ recommend that congress max
certificates, issued upon deposit
Of silver coin, full legal tender .
ltha nn;n a 1Anoa;fod Rnran