The Meeker herald., 1895-08-31
PROBLEM OF FINANCE.
EX-SENATOR FARwELL WOULD
SOLVE 1T.
Campaign for international BimeeaIIism
Should He Exaggerated and Kept Up
Until Public Sentiment Is Thoroughly
Awakened.

Awakened.
(John v. Farwell, in Chicago Record.)
"The crime of 1873" became veri-
table HORNETS nest in the recent long
debate. The Immaculate conception
Of financial wisdom and honesty
brought forth a gold standard, says
Horr, and the child. says Harvey, has
been the incarnation of monetary vii
lainy. and each is applauded to the echo.
The Congressional Record has be-
come financial bible, in that any mon
etary sect can turn over Its pages and
prove anything to suit all the high
priests of finance. Even the sanity
Tribune's columns have been subsi-
dized by the "Harveyized steel process
Into saying things on both sides Of the
criminal Indictment against congress
hardened sinner that she is-if Harvey
is to be believed.
Horr Is Mortified by Harvey's sug-
gestion that any criminal intent lurked
In silver demonetizatlon through the
child-like and bland Messrs. Sherman
and Hooper, who acted as wet nurses
for the innocent gold-standard coinage
law. The idea that 1t was coined in
viliainy and issued in deception 50
tried his nerves that he had to have a
vacation for recruiting purposes.
1t was a most innocent law-assur-
edly-for I'VE only had greenbacks in
circulation when 1t was passed" How
could 1t affect us? True, we owed a
$4,000 100000 war debt, made on a BIZ
metallic standard. Who in congress
could be such fool as not to want to
pay 1t In gold II the creditors wanted
1t, or such knave as to ask our gener-
GUS creditors to take their pay in silver,
then worth premium of per cent?
Monstrous! This is all very plain.
or course, 1t Is arrant nonsense to
affirm that law reducing the worlds
money more than one-half would make
the other fraction that was left any
harder to get when pay day came
around. Only fools can hold to such
an idea.
They are not Tribunized. That's
what's the matter with them.
The Idea that silver decentralization
value. by destroying the most aggres-
sive and constant demand for it, or in
the value Of gold by doubling the de-
mand. is only child's fancy. Full
grown men know better.
No wonder that Brother Horr is hor-
rified when Brother Harvey even hints
that any one has not been elevated into
the third financial heaven by the last
twenty-five years of beneficent gold
standard.
True, we have had few labor strikes
and few failures In the manufactuIi Ing
world on account Of decline of so per
cent in the value Of their products
does not prove that gold has riser
exchangeable value for such prope
OF course, it don't--only fools c
that. This is due only to the over
duction of silver since 1t was dem
tized. and to the expansive powe
steam on the brain. Any one ST
see that without financial teles
Haven't university professors said So,
time and again, II not oftener? Dare
any one dispute their dictum? Verify,
verify we have fallen on eyil times
when gold spectacles cannot make even
blind people see the folly of wanting
more real money. True, our property
wealth has increased many hundred
times since silver was relegated to the
kitchen into the spoon business, which,
together with. property accumulations
of the last twenty-five years, and of the
centuries. must now be measured only
with gold. But who Is fool enough to
believe that this alters the exchange
able value of gold or the demand for it
when bank bills, checks and credits
can be printed by steam and any one
can imagine that these can supply the
place Of gold, which must be admitted
is little scarce, when the Imagination
falls to make good its wonderful illu-
sions in the light Of a panic which
makes commerce see stars of the first
magnitude, while bankers call in their
loans in the vain hunt for golden
eagles. gone where the woodbine
twineth," into the wilderness Of sin,
while Sinai thunders the law, PAY
that thou owest." not in checks and
bank bills. but in gold-vanished into
burglar-proof vaults and old women's
stockings. (See Eccles on Panics-not
in his newspaper arc-light articles on
the beauties of a gold standard, but in
his tour of inspection of national
banks. in the panic of 1893. looking for
the location of said "woodbine" and q
chemical that would turn pictures into
gold.)
Away with bimetallism. 1t has been
bisected and dissected for twenty years
by our financial university surgeons
until no one in his senses believes 1t
possible in this wonderful age of rev.
olutions and evolutions. Abraham,
Isaac and Jacob. David and Solomon.
Caesar Of the Roman empire, and JEFF
ferson and Hamilton, of the stars and
stripes, with their centuries Of financial
ignorance which had no printing
nroosaa RIM nv afoam and M i'm a Ui1o