The Washington times., 1894-04-06
on the preoIou. metals" Bythe word AdHt'

on the precious metals" By the word "tAess'
the Senator refers to the silver advocates.
AsI am one Of the '.silver advocates" I
take the liberty to say that the Senator's
statement is too sweeping. There are great
many honest, earnest, thoughtful, well-in-
formed men who demand the unrestricted
coinage of silver and gold at the ratio Of l6
to and the issuance Of full legal-tender
paper currency by the government without
the Intervention Of banks in such quantity
that it, together with the metallic money. will
be sufficient to do the business Of the country
for cash. And they do no want that paper
currency based on the precious metals, F" but
on the credit and faith of the government to
redeem it In taxes Hon. John Davis, MEM
Der Of Congress, who, presume, is the best
writer in this country on money, says: "The
money Of a country is as good as the govern
ment that issues it." II the government is
permanent and prescribes that all forms of its
money shall have the same quality of legal
tender, then the money is permanent, and all
kinds Of it perform the same service. Gold
and silver, deriving their money function
from the government, are therefore no better
as money than any other material that the
government invests with the power of
legal tender. There can be no final
redemption OF the money OF country
until the final liquidation Of the affairs OF
its government, and as most OF our writers
and statesmen contend that our govern
ment is permanent, 1 fail to see why the ''sil-
yer advocates" according to the honorable
Senator, wish all forms of money based on
the precious metals, unless it be for the pur-
pose of perpetuating the power of the banks.
to raid the Treasury at will, and to create
panics whenever they deem it to their interest
to do so.
The Secretary Of the Treasury is the finance
minister of the government and as he con-
strues statutes he has it in his power to pro-
tect or plunder the people, as he likes. A full
legal-tender money of gold. silver, and paper,
all redeemable in taxes, would be the best
kind of money, and whether managed by an
honest man as Secretary of the Treasury or
by one such as ordinarily fills that most i'm
portant Cabinet position would always be at
par, as no man could force the government to
Comparative anatomy teaches that the
stomachs in man and hog arc much alike. As
the stomach, SO the man. That accounts tor
the disposition of SO many men to hog it.
Some of the silver men see nothing but silver,
and care for nothing else. But let me tell
them in all confidence that they need the
hearty cooperation they are now receiv-
ing of those, who, besides silver, also believe
in what the Senator is pleased to term ''irre-
deemable paper money"
The mining interests of this country are
vast. but greater still, many times greater,
are the agricultural interests. The progress
sive, enlightened agriculturists are nearly
unanimous for remonetlzation of silver but
i will in all friendliness advise the silver Sem
ators and others that little patience" with
those who favor ''irredeemable paper money
will do no harm, not even to their vanity or
dignity. FALDoR E. BoES.