The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-10-07

cipal streets. and by o'clock the hall
was crowded.
The Herald Glee club first entertained
the audience with a rafting campaign
song. 1.-THE Congressional Race" and
HON. JOHN T. GAME
then called the meeting to order. In
brief but effective address, Mr.. Game
presented some of the issues of the
campaign, and then INTRODUCED the
HON. ]. L. RAWLINS.
who was received with cheers, Our
Joe" was listened to with the closest
attention, and his remarks were fire.
quently interrupted with bursts of en-
thusiastic applause. Mr.. Rawlins spoke
as follows:
Ladies and Gentlemen:-The two
parties in the territory have held their
conventions, nominated their candi-
dates and put forth their declarations
of principles. The issues are thus
made up. The Republicans declare in
favor of the system of protection of
which the Mckinley bill is their ideal.
They announce that they hold to the
use of both gold and silver for none
what conditions they DON'T explain.
Whether they are in favor of holding
such gold and silver as we now pos
sess. without making provisions to in
crease the monetary stock, they don't
disclose. The declaration is eouivo-
cal and evasive, and whatever might
be the conduct of the candidate elected
upon such resolution he could readi-
~ so construe it as to justify his ac-
lion. The Democrats declare in favor
of Industrial and commercial freedom.
the imposition of duties to meet the
demands of the government for rev.
enue, and that the duties so imposed
should be so adjusted as to operate
equally throughout the country and
not to discriminate between classes or
sections. They approve Of the income
tax by which wealth is made TO bear
share of the burden of federal taxa
ton. They demand the passage Of a.
law for the free and unlimited coinage
of both silver and gold at a ratio of /
to 16, without waiting for the consent
Of any other nation; and that the gov
eminent shall pay out silver SO coined
as money of ultimate redemption the
same as gold. 1t is Of the utmost con-
Germ in a government like ours that
the people should be well informed up-
on public questions affecting their in
terests so that their suffrages may be
intelligently exercised.
l invite attention first to the finan-
cial question for the purpose of Show
ing the present attitude of the two
great national parties thereto, and
what is likely to be their action in the
future. Every scheme which has been
devised in the progress Of the world
by which the few have sought to take
advantage of the many and to employ
the instrumentalities Of government to
their own selfish purposes, without re-
garding the public welfare, has been
presented in the guise of patriotism
and honesty to preserve the public
honor and insure the happiness of the
people This has been especially the
case in dealing with questions relative
to finance and money. Those who
have sought to gain advantage for the 1
creditor and bond-holder by curtailing
the supply of money, have ever con-
tended that it was in the interest of
honest money and a sound and stable
currency. 1t has been that the people
might not be possessed of cheap
money but the very best which can be
made available The history of the
production of the precious metals and
their employment among people as a
medium of exchange and a measure of
value has been practically the history
of the world. During the palmy days
of Greece and Rome the outputs of
gold and silver mines were large. In
Spain, when she was at the zenith of
her power, the mines were active and
the circulating medium abundant 4
During the Dark Ages the mines were
closed, there was a scarcity of money
and civilization and learning waned
until the Renaissance. which dates from
the discovery of America. The in
creased production of gold fol-
lowed and when the great silver mines
discovered at Potosi in 1545 yielded
their product, causing the circulation
to become plentiful, the world in
corresponding degree advanced in civ
ilization. intelligence and prosperity
Until after the battle of Waterloo
throughout the entire history of man
kind gold and silver had stood side by
side linked together in a fixed ratio to
do the monetary work of the world
and had been so universally main
tanned as the basis upon which trade
and commerce were carried on and
values measured and stored as to be
regarded as almost IL not quite an ar
rangement of nature herself In 1896
a threatened invasion OF the British |
isles by Napoleon produced a panic |
such as to compel the English people |
to abandon specie payments and re-
sort to the use Of paper money. In |
1910 the British government did not |
have the funds with which to meet |
drafts dra-- upon it by Wellington, !!
to defray the expenses II his army. |
The House of Rothschi1ds furnished I
the money upon the drafts at an en- |