The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1893-03-17
Still ssFloundering.

In column and hall paragraph, con-
tanning little but what has been said be-
fore. the Tribune drools and mumbles in
divorces are regulated by the silver mar
ket, that the United States has been at the
same time suffering from dreadful advers-
ity caused by the depreciation in silver
and most wonderful prosperity the effects
of a protective tariff, and that THE
HERALD, by advocating the remonetiza-
ton of silver at fair ratio with gold, has
placed itself in the category of the gold
press OF the east.
We should have paid no further atten-
ton to these reiterations, spread over SO
much space with a dull dribble of i'll con-
sidered words, but for the admissions
which are made in them evidently with
out reflection as to their full meaning.
They are these:
That while the agricultural classes have
been suffering from increased adversely,
their lands falling 40 per cent. in value,
many working simply for a living, and
Others having lost their homes, the man
ufacturing classes have made ''unex-
ampled advances" and have been Sex
ceedingly prosperous" and the creditor
classes have been Immensely prosper
GUS" and made ga mighty advance"
OF course our 'fioundering'' neighbor
says the adversely of the farmers is due to
the depreciation OF silver and the pros
perity OF the manufacturers and money
lenders is the result of protection. We
have only it's bare word for the cause OF
agricultural poverty, but people who
think and remember will see, in the IN
conscious admissions of our neighbor, a
surrender of the whole high tariff argu-
ment as used in the fall campaign.
1t was shown by the advocates of tariff
reform, as set forth in the Democratic
platform, that the manufacturing and
creditor classes of this country had been
specially benefited by the high tariff and
that it had been framed in their interest.
Also that the agricultural and laboring
classes, forming the greater part of the
population, had been suffering under it
and that the agricultural interests were
of larger financial value to the country
than any other.
This was combatted by high tariff ad-
vocates like our fioundering neighbor,
and the idea was put forth that the whole
people of the United States had been re-
joicing in an era of unexampled prosper
ity in consequence of the financial policy
which received its best expression in the
MCKINLEY bill. Now the disputed fact
is openly admitted by the high tariff local
paper, which has lost its wits through
monomania.
Taking its present argument, the low
price of silver only affects the poor farm
ers. The manufacturers and industrial
artisans are not touched by its decline.
While low silver impoverishes the farmer,
the manufacturing classes are getting
] llOus LIZ t1cy use uO SllNSE9 Are uOD
factory workers paid in silver? Is not sill
yer currency used to buy manufactured
articles as well as agricultural produce?
The difficulty with our ncighbor is, that
is dunted with one idea. Ali the ills with
which humanity is afflicted are the effects
of depreciation in silver. All the good in
the world is either ignored or traced to
some other chan a silver cause. 1t is
singular that the cholera is not attributed
to the gold movement, and the Panama
scandal to monometallism.
Our neighbor endeavors to show why it
was ready to take the ratio of one to
twenty as settlement Of the silver ques-
ton. That does not matter. 1t is the
fact of its willingness that signifies. That
proves that it is in ''the category of the
gold press" on its own rule as applied to
The HERALD. We declared in favor OF the
reconciliation OF silver on fair ratio
with gold, and did not go so lar as to ad-
vocate l to 20, but left it Tor national
financiers to determine. The Tribune may
keep on houndering fit pleases, but every
time it only exhibits its folly and i'll tenn
per and its common infirnity of self
contradiction.