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

I with the president and against the
Democrats The legislation of 1878 has
! been fruitful of more evil in this coun-
| try than perhaps all other causes COM
/ bined. For more than twenty years
after that event the Republican party
has been in almost continual suprem-
acy They had every opportunity to
rectify the wrong. While frequently
declaring in their platforms in favor of
the use of silver, they have in every
instance, when free coinage legislation
has been attempted by the Democrats,
manifested their hostility to the white
metal by doing everything possible to
accomplish its defeat That party is in
favor of honest money, of sound cur
rency in the same sense that those
terms were understood by the shylock
money kings of Europe. To them the
bond of the bondholders is even more
sacred than the soldiers grave, though
it take the mite from the widows hand,
and the bread from the hungry and
fatherless child
The national Indebtedness, which can
be alone paid by the taxes from the
hard earnings of the people, must be
paid in money thrice more valuable
than was contemplated at the time the
indebtedness was incurred. This is be
cause the bond is more sacred than the
soldiers grave The American people,
who, more than a hundred years ago,
asserted theiI political independence,
are to-day the slaves of the gold kings
of Europe. According to the distin-
guished Republican leader we must not
be permitted to legislate fixing the ra-
ito between gold and silver, or provid-
ing for the coinage of silver. without
''the assistance of the rest of the
world Mr.. Gladstone uttered but the
sentiments expressed by Mr.. Reed and
entertained by the creditors of the
world when he said, ENGLAND is the
great creditor of the countries of the
world I think under these circurn-
stances it is rather a serious matter to
ask this country whether we are going
to perform this supreme act of self
sacrifice" The act of self-sacrifice to
which Mr.. Gladstone refers was simply
to discuss the question of giving larg-
er Use to silver as currency. Can it be
SUPP sad for an instant that the men
who for more than a century have
steadfastly pursued the policy of bring
ing about legislation in the different
nations of the earth which would cur
tail the means of the debtor to meet
his obligations held by them, and who
have ever been willing to expend a
portion of the moneys thus turned into
their Golfers to procure the dissemina-
ton of false doctrine by which to de-
ceive and mislead the people and to
further their ends, will ever consent to
a. reversal of the policy thus so long
followed by them without regard to
any of the precepts of honesty or fair
dealing? If the restoration of silver de-
Ponds upon their consent, it is certain
that it will never be accomplished.
When the bill for the coinage of the
silver bullion in the treasury came be-
fore the House Of Representatives in
February last, Republicans all Joined
in filibuSter tactics to prevent its con-
sideration. Finally, when a quorum of
Democrats was obtained, they almost
solid1y voted against it. It was vetoed
by the president. If left to the Demo-
Gratis alone in the two branches of
Congress, it would have been passed
over the Veto Now, if the Republicans
are in favor of any further use of sill
yer, they could not have done less
than to support this measure; it SIM
ply provided for the utilization of the
silver bullion piled up in the treasury
for money purposes; and, yet, they
manifested by their speeches and
votes the most extreme hostility, even
against this slight measure of relief.
When the convention of the Repub-
Icon league clubs met in Denver, it
put forth a vague, ambiguous declara-
ton upon the silver question. 1t was
simply to disguise the hostility of the
vast majority Of the members Of the
party to the use of silver as money. If
we judge, as we must judge, the future
action of a party by its past conduct,
nothing can be expected in the way of
relief upon the financial question from
the Republican party. If the Demo-
Gratis stand together and select dele
gates to the next national Democratic
convention who will see to it that a
ndard-bearer is selected favorable to
the free coinage of silver his nominal
ton and election will be assured If
the same policy is pursued in the Sc
lection of persons to represent the
people in the Congress of the United
States, in spite of the mighty power
welded from across the ocean the peo-
pie of the United States will be en-
abled by legislation to assert their
financial independence, and free coin
age Of silver and gold, at the ratio of
Is to l, will be enacted without waiting
for the consent of any other nation.
The nominee of the Democratic party
for delegate to Congress Isl not in ac-
cord with the president of the United
States upon the financial question, be-
cause the president of the United
States is not in accord with his party.
1t is said that the Republican candi-
date is in accord with eastern Repub-
licanS. If so, he cannot be expected, |
any more than Mr.. Reed, of Maine, to
favor measure looking to the further
use of silver for monetary purposes. 1t
is a fact that the decline in the value
of all the staple products of the farm
and the mine in the gold price, has
followed the decline Of silver since the |
legislation of 1873. 1t is equally true
that values of property of every de- |
scription have fallen off in proportion |
as the circulation has been cut down |
and restricted. BY the tariff legisla- !
ton, the products of eastern manufac-
turers have been increased in their |
costs to the American consumer by the /
shutting out of all foreign competition |
This has encouraged the formation of /
combines and trusts by which produce |
ton has been limited and the cost of /
living increased, while the income Of