The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1894-11-28

Initiative and referendum; favorsng sns
-~s.,.sv.~ag og All existing circulating me
dams and the substitution thsrsfor o. 80
s..n. Of fan legal tender treasary notes 70
she smoant Of SO per capita: fAvorang
a.. er~.t5ou Of q cabinet Office 20 be Known
ss the department Of trade and commerce.
ara NUMEROUS others OF q minor enar-
meter.
The hour of having arrived. the special
order took prscedencs, ard tbs aisc1ssioh
Of demonstration Of silver vas opened oy
~x.f;ov. Prince. Of New Hexsco- Dpon
the principIs that sit structures muss hrsi
have ndasicn, the governor stsssa hs
wouid eonsn< himself 60 statements o.
facts. leaving the superstructure OF sfgu-
meut 20 those wfo followed him lie tnen
began review OF existing conditions. ne
charged that the Eastern section OF TIE
United States wss opposed 70 1i-nnstes-
iisra. not from principle, but from aSso-
late ignorancs Of sfe subject. let ne cl1
not mean By this 10 charge conscious
wsckedness The West. ~ reason OIL inu-
mate association with the need OF
greater supply Of money. vas better IN
formed. While in the East ONLY the
banking elsmsnt wss acquainted vith
the issue. and they from sslhsh
interests advocstsd gold mouo-nastaliism.
Turning to the demonstration act OF 1870.
PASSED. a. he asserted, BY secret fraud, and
which no rnprn5er Of congress had ever
scknowie.wed having voted for with the
knowlesge that Il did demonetize silver.
he said that al the silver men asked was
the repeaI OF that taw, Of which no man
acknowledged paternity. and yhieh every
man in public life then or now declared
child Of stealth. The eemsnd would be
TIE same were there not q single ounce o.
silver produced in America II ~ss the
need Of circulating medium. Take, Tor
fnstance. the wheat crop. The decline IN
price per bushel had bren from SLIP TO
about 80 cents or a net loss % the farmer
at present Of $3.50 0oo. 90 per year. On tax
ing the acreage value Of whest, corn. oats,
hav and cotton. the decline since the
demonetraiioa Of silver bad been from
si505 t. ss.l5. or As per cent TAX
ing the hi-meialiic price Of 1873 as
a basis. the gain 10 agriculturists by
restoration of silver would be 81 so. oo0,so0
annually. This in tie face 81 the tact
that the decline OF silver made net loss
Of 100000 annually 30 the miner
,rovsd that the lssue was not local 10 the
mining interests. Indeed. tbs decline IN
prices Was not decline Of values, but an
appreciation Of purchasing power. and
what more could be said In favor Of an
increase Of q medium OF exchanges. es-
pecially when we see countless thousands
suffering from the existing state OF affairs.
An easy way 10 look at the matter. he
said. was 10 take. for instance. farmers
mortgage. Let il have been made when
wheat was 81. 20. then 100 bushels would
have paid sli9 OF the debt. Now IL re-
CURED 30. approximately. Continuing
with an argument from this standpoint IN
favor Of staple valued dollar, in con-
Guiding the governor charged thar
the demonstration Of silver by the
incre sd value OF = dollar, effected an inn
pairmsnt of the obligations OF contracts.
Such, the governor said, are some Of the
facts in this case. plainly stated. The
need of the hour lie such an awakening of
interest In this question In the East "a
will cause inquiry and investigation and
independepcs Of thought We are one
nation; our interests are identical: that
which affects one section affects ALL and
in this matter the conditions are praetl-
cally the same, East and West, North and
south. The idea studiously circulated In
the East thai this In Western matter.
aud one in which the silver producing
states are principally interested. Ia utterly
deceptive, as have endeayorsd TO
show. The farmer of New York or
Ohio Is interested precisely a. Is his
brother in Iowa or Kansas. The man
who owes q mortgage In Massachusetts
feels the increasing pressure of the obliga-
tion. As stsongiy a. bis fellow debtor of
Missouri or Dakota. The increasing man,
Der Of foreclosures. the heightened list Of
sale. for unpaid taxes the armies Of under
paid and unemployed. tell the same story
everywhere. On theory. IL vas easy 10 say
what the results OF demonstration must
be: actual experience Is showing what
they are. A steady decrease in all prop
erty values. and an increased burden of
all fixed charges. can bring bat one result
The CRY of the suffering goes Up 10 heaven.
Tho most despairing aud the most touch
Ing of their prayers are never heard on
earth, tor they come from those who suf-
fer in silence The aggregate OF human
misery caused by this grinding OF the up
per and neither milestone ~ a thing
90 make angels weep. We live in the
most favored OF all lands. God has given
Us . goodly heritage. The natural re-
sources of our country should make uni
versai prosperity and happiness. There Is
no reason for suffering aud want lis
causes are purely artificial. By the selfish
meas of man the good gifts of Providence
turn 20 ashes In cur hands. The food !.
taken from the mouths of the weak and
the defenseless. No judgment FROM on
high has been visited on this people
neither war. nor famine. nor pestilenes
has been suffered 10 niiiies Us. Yet "a the
midst Of physical health. the nation Is
sick. ia the mldst Of wealth there is
poverty. aud In land Of pleaty there 1.
suffering and starvation. God grant u,
all abe wisdom 90 see the causes Of these
things, and having foaad them 10 apply
the remedy.
Immediately upon reasRsnbling 90,
discussion upon the rsmonst ration o.
silver vac resumed. Col. a. +. Leighton
Of Salt Lake bsing introduced 70 pre-
sent the views Of the conservatives noon
TIE silver question. lie helon xei
he said, 30 these Who believe that ne Tres
coinage OF silver ~ l6 30 / would be ce-
tain axgraxAsien 81 existing Ills, sna
deprecated the use at artificial props 10 Al
vance che interests Of anything. sal 81
yer viii always have. and always Should
have large place in the financial system
Scarcely had Col Leighton con
eladea when the audience evidence
that 10 had been waiting for th,
next speaker, Congressman Bryan. ~,
vas received with an ousharss o
Applause which xss net snlied for som.
moments. Altar expressing bis inability
% cover the subject IN the brief tine a.
A q a