The herald., 1895-06-09
BATTLE OF THE STANDARDS

Ex-Governor Sheldon asks, "Can or.
dinary minds comprehend the money
question: A. presented by some of the
tree silver men so far, we should saw no.
Pasadena News.
The people OF the United States are not
TO be vlcltimlzed by any such hallucina-
ton as the pretended power of the govern
ment to declare 80 cents worth of mate
rial to be 100 cents worth of IN money, and
make all mankind believe it.-Iomb-
stone Prospector.
Some who pretend to understand finance
say that gold is the money of the world.
That is great mistake. Gold is no more
the money OF the world than any other
commodity. Every nation has its m oney
and the money of one nation is not
money. or legal tender for debt, in any
other country-San Diego Vidette.
II prosperity can be secured and re-
tanned by the multiplication OF the
media OF exchange, by an increase of the
counters of trade, ny making the stuff
called money cheap and plentiful, it is
nigh time the fact was ascertained and
worked to the limit, for it is burning
shame that any human want should 90
ungratified when its gratiticaion in the
fullest measure may possibly be otaina-
BILE by the easy process of governmental
manufacture OF money. = Terre Haute
Gazette.
The conclusion to all this is that there
can he but one standard OF value. one
tries and times that standard must be
gold. This does not of course mean that
all money must be gold. We have the
gold standard now, and yet we have
plenty. indeed too much, of paper and sill.
yer money. But it does mean that all
our other money must be adjusted to
gold, and that all values must be meas
ured IN gold. All the fine talk about the
white metal and parity and
ratios" and international congresses
and agreements cannot change the fact.
There can be but one standard. 1t can
be silver or gold or anything we please.
The question for the American people is
to decide whether or not they will have
the est.-Indianapolis News.
But the most amusing phase OF the
lunacv is that which condemns England
for being rich and powerful. and cred
itor nation, and for adhering to the com.
mercial and financial policy which has
contributed to these ends. Any other
example than that which has led to
these results it deemed worthier of imi-
tation. the most comlcal part of ii is
the assumption that we must whip Eng
land out OF her boots for respectfully de
clining to relinquish policies which, in
spite OF many unfavorine, circums stances;
have made her rich and powerful, and
have given her the mastery OF the COM
merce and the finances of the world. and
to fall in with the foolish notions of our
cranky blatherskites, whose wild fancles.
which they consider original, have been
entertained by other cranks in all ages of
the world, and have been experimental
with innumerably ana always disastrous
ly.-San Bernardino Sun.
This country declared its political indie
pendence of Great Britain in i776. In
1892 it issued its proclamation of financial
independence of the kingdom and estab-
iished a financial system of its own that
for hundred years met all the require
ments of this great and growing nation.
That being true, it is the firm conviction
that this country can regulate its money
standards to suit itself now, independent
of any and all European powers. The
masses of the people take no stock in the
position of the gold men that no money
system can be safely adopted without in
ternational agreement Illinois Demo-
Gratis are making ready to promulgate a
square-toed silver platform. Prominent
Democrats everywhere, except in New
York, perhaps, are arraying themselves
for free silver. NJ one Of gum ption at
tacks gold, Mr.. Eckels to the con trary
twithstanding.-San Diego Sun.