New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-09-15
coon COLORADO SCHEME.

GOOD COLORADO SfHEME.
It is said tina; the Governor of Colorado the
Hon. Davis H. Waite. who, 1t hardly need be
said. has world wide fame is contemplating
calling the Legislature Of that State together
in extra session to consider a proposition to
authorize the issue of certificates on gold and
silver bullion for local circulation. 1t Is re-
ported also that the mining camps are as en-
thusiastc for ii as they are for unlimited com
age but the silver leaders are not inclined 10
lend their support TO the scheme" The mat
tor has been discussed in the Denver Chamber
of Commerce and we learn with some surprise
that "a leading capitalist OF the State III
letter read at the meeting denounced the propo-
sitio, ~ .tomfoolerv.'" lie declared the
plan impracticable said il would he violation
of law. and thought the certificates would not
be credited in commercial circles Silver would
be accumulated and load down the market, and
Colorado would be made the laughing stock OF
the country" His letter was indolSed by
several other capitalists. who expressed the
opinion that it would be much better TO fight
ont the silver question in Congress and make
the whole country abettorS in the scheme man
70 take the whole burden upon Themselves.
" l. ct us" they say, fight ont our salvation on
the silver issue. and if we are beaten or proved
wrong in our views let us submit and bear The
ills we have rather than rush to others we know
vo,,d no ten times worse" What surprises us
i the admission that the Colorado advocates
or free silver coinage may be "provcd wrong"
aud that There is any possibility of things being
made "ten times worse" \ larger surprise.
however. is in the suggestion that Colorado
NAV be made " the laughing stock of the co"h-
try"
And on the whole W. reject IT, II i n2'
po.sjblc. with Mr. Teller representing that
State in the Senate 81 the United states III his
earnest. stcadfa>t and uncomplomi>inS way II
is quite possible that Colorado may be the
stumblng-bloci Of the country. but 50 laughing
stock" meyer. No one would ever think oi
Cclorados being laughing stock while Nr'
Teller stands mp in the ~cnat" with his har
ON end defying a world in aims and holding
everything at >iand>till till he gets through
talking Even "Ned' Wdcctt. his colleague.
ia enough 70 prevent tho State from becoming
q lonching->tock.n For Ned Wolcott j.
what the average man calls ' a mighty eood
fellow" and when he makes people laugh they
laugh with. not nj. him. On. no 'oloIIuo
cannot be made a laughing We sc0tn
the intimation. There has been. we ale Tree
f. say disposition on the pant ~ thongh'IeS'
and ffivolously disposed persons 10 make iun
Of the Seriousness with which persons who own
silver mlncs IN Colorado have viewed the dis
uoSjticn Of the Government - stop buying 81
yer 10 store in the Treasury nj present prices.
The proposition OF the Governor Of Colorado
than have the Government purchases stopped
has been greeted. regret 10 say. with undue
leyitv by many Eastern people. \ great
many persons who did not know Governor
Waite and his despclatr character when ion>ed
bv any encroachment on the rights at man >ild
openl, that he was talking through his hat
A remark which was IcpIchenslble. IN The il't
Mace a, slang. and Objectionable" moreover.
=, Indicating lack Of respect icr pnbhc
officer who had been called 10 his high Office
hv the vote, Of 80 600 American citizens.
TIE THIm'NE. W. take il upon lis 10 say never
INDUCED in that line Of criticism. our readers
will bear II, witness that when Governor W ate
L,ol,c ont blood, minded we took HIM serious
". and called him off his perch and chung
around his knee, and begged him t. let mp on
Aucnce over him. He has visited the EI>t since
then. and 50 far Is can Learn. not even a
single no,c-blccd occurred on account oil him.
And vet there are people in Colorado who think
that we were making fun Of him. W DENIAL
is needed
As TO this proposition T. iSSua certificates on
cold and silver bullion for local circulation, 1t
seems TO Ms a good one. The circulation Wodld
be extremely local, but there would be enough
of it, and that is the thing after all. The idea
might easily be taken mp by the agricultural
States cf Kansas and Nebraska. and extended
10 the issue Of certificates on wheat in the ear,
corn on the cob. and hogs on the hoof. II
would increase the circulating medium. give
more currency per capita, and make cvcrN bodN
happy Then, with prosperity r"-c'tAbh'hcd'
business hummng and the silver question set
tied. the United State, Senate nigh; take Pcilcr
and Stewart braid their whi,kclS together, and
sct them MP by themselves in a committee room
10 divide time talking TO each other.
----------
BOUBARDMENT or RIO.