The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1894-02-27

toms, taxes and all public Dues The
statement in the Tribune. accompanied
by some explosives about The Herald,
was fiat contradiction to the law in
relation to the subject. Now it makes
half admission which is equivalent
to another untruth, that 'sthe govern
ment uses its pleasure about receiving
silver at the custom house." How can
the government do that in face of the
explicit provision that 1t shall be
legal tender for all debts public and
private, and shall be receivable for
customs, taxes and all public dues?''
Do the custom houses refuse to re-
ceiye silver and compel people to get
gold wherewith to pay duties? Or do
they act as they please and sometimes
take gold and sometimes silver at
their option? Which proposition is
right? Are they not both wrong? They
certainly are if there is any virtue in
the law, and the Tribune cannot find
a recent instance of the custom house
at New York refusing, either at its
own pleasure or otherwise, silver
money, treasury notes or silver certifi-
Gates. The notion is all in the dense
ignorance or wilful misrepresentation
of the Salt Lake Tribune.
Now when, where, and how is
silver dollar made redeemanble in gold,
as the Tribune asserts it is by the gov
eminent? Everybody ought to know
that the silver dollar stands on its
own merits as money, and there is
nothing in any existing law of the
United States which promises to re-
deem it? 1t needs no redemption be-
cause it is money itself
The proof that the Tribune runs on
with a lot of nonsense. about silver,
showing that it knows little or moth
ing concerning it, is in it's claim made
on Saturday that:
If the Congress and President were
to decree that silver is money Of ulti-
mate redemption, as good as gold for
lstant response would be that it would
be as good as gold tomorrow at $1.2929
| per ounce and prices would advance
lcorrespondingly all over the country
and the world
Silver has been SO "decreed" The
laws of 1878 and 1890 make it SO, as we
have shown. Everybody who can read
may find that it is so. The Tribune
appears to be in ignorance of the law,
in ignorance of the money status of sill
ver in ignorance of the fact that merely
making silver dollars a legal tender
in all respects will not raise the mar
ket price of silver as commodity,
and that it's theories based on mis-
understanding are so much froth and
folly.
The Tribune should select some other
epithet than 'lunatic' to throw at an
opponent in place of argument, because
its own financial articles are strongly
suggestive of an insane asylum, and
it is we'll known that when people
lose their mental balance they usually
charge other people with being crazy.
The truth is silver was demonetized
in one sense of the term. but not in
another in 1873, the Tribune has repeat
ed again and again that it was then
killed as money. But that paper wants
to make it appear that the Democrats
killed it in 1898. The two propositions
are utterly incompatible. Therefore it
resorts to all kinds of subterfuges and
rash statements, either in ignorance of
the actual status of silver as money
under existing laws. or thinking that
oth1r people are and will swallow its
doses Of utter nonsense because of its
assumption of superior wisdom. The
Herald punctures its bladders of bun
combe that the public may see what
they amount to with the wind let out
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