The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-08-08
THE
WISDOM FROM 1.-THE OLD ROMAN "

WISDOM FROM THE l. ROMAN y
The Thurman family is all right. The
father--"the nob!est Roman of them
nll"--is for honest money, for justice tc
silver, for that relief which can only be
had from the free coinage OF the white
metal, and the worthy son who presided
at the Chicago convention is right with
him. In this time OF distress it is good
to hear words of wisdom from the brave
old patriot who o in his old age looks
back ION duties we'll performed and
days well spent"
In a long interview, MIR. Thurman in
his own %inclsive way points to certain
facts which cannot be disposed of and
from these draws conclusions which
cannot be controverted. He refers to
the gold bug cry that the Sherman law
has caused this financial trouble and
shows its absurdity at q glance. The
strlngency, as he shows, prevails not
alone in ihe United States but in Eu-
ropean countries, in Asia and South
America. Did the Sherman law cause
depression in these countries? If not,
how nonsensical to make it responsible
for the situation in our own land. The
repeal Of this Law, Mr.. Thurman be-
%lieves, would be harmful legislation.
The argument in a keynote is had when
he says that he cannot see how a lack
of money can be Immediately relieved
by cutting out a part Of that which we
already have. "1f in other nations that
are not coming silver as we are there
exists now the same financial stringency
that we are experiencing here, it ought
to suggest itself to any candid person
that, perhaps. our coinage laws may not
be the cause Of the financial distress If,
indeed, there is a remote relation be-
tween the two"
This is surely a most conservative
view of affairs in SO far as they may be
remedied by congress after gold bug
methods. Mr.. Thurman does not be-
lieve congress will afford relief, since, as
he says, the repeal Of the Sherman law
will accomplish harm rather than good,
while he thinks it improbable that a bill
pLOSidllS lOl llCo COlIluSo WILL W pdSs0u.
The best and only route for a return of
confidence and one that is Of vital inter
est in Helena just now is proposed in
this comment:
expect to see the business world slowly
emerge from this financial trouble. II will
have an end. of course. Perhaps no one
thing will bring better times, as no ono
THING hau pYnHuCed {hc r-ooark u~fo,%p |
nate condition. No doubt an enormous
stretching of credits-n thing that ia likely
to happen TO q prosperous people-has had
. great deal to do with starting this scare,
We know but little about tho subtle inlu- F.:
ences upon climatic conditions that pro-
duce the sto m. The cause of the money
panic is about as inserutnble. 1t will pass,
and the air will he purer. We will hope
that the damage will not be great. 1t would
be a good idea for individuals and concerns
in the business world to be charitable and
easy towards their debtors Just now. The
man that pushes II debtor to the wall will
be very likely to shake come bricks upon
his W head. When the crash is started
there is no telling where it will and. It
will be best for all to let matters stand in
statu quo until the return of buainess con-
fdence.
The INDEPENDENT yesterday called
attention to the wisdom of this policy.
"Ihe man who pushes a debtor to the
wall will be very likely to shake some
bricks down upon his head" 1t is the
time for %lonioncy until business pulls
itself together and energies from condi-
tons unforeseen and unavoidable under
n monetary system which robs the pro-
ducing classes. The time has arrived
when a permanent remedy can be had
only from congress, but We may expect
u loosening Of strings and u general re-
liof if the creditor classes will play fair.
II this policy is pursued the skies will
soon clear aud there will be a better
feeling everywhere. Any other policy
can only result in holding back future
prosperity and iujuring many good men
who are building up new communities,
Reciprocity is the word.