The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-12-04

z s~eera with ghe experiences
7~.enx mere Is certainly TO So
~ the belief that an act Of
-ta rew bridge ar inequality Of
hs.Wssn gold ard silver at u
rof Il fh@ro the leas. p0ssshll-
rsasfry. s.sieh Las less thar
th- silver money IN the
1870 ~ ia action alone raise not
- hat al silver, 70 its lost
zni5. Our attempt 70 accom-
RS free coinage Of silver a. q
~~nv widely from actual relative
So - tle ggaal for the completes
49, eoa8 from oar circulation, the
g.. All large contraction OF orr
60 rw4a4gns. and q ~shrfnksgs IN tna
49,. ard monetary efficiency OF all
- af currency 30 they settled TO
= diver ruoug-guetaliasm. Every
~e@fyss a fixed salary. ard every
xages would nad tie dollar in
~..alass:v saled down 10 the
N.ssy disappointment II rot 10
s~rzfloFs 4 change IA our stand
w9no-mafafiism would also
rsEiagse o. the e8tire system or
s ses Inevitable struggle through
- ard uneeF:ala.y or hum.llat.o1
gnersaseG hv the consciousness
:. I'D parted company with all the
ase.~a ard progressive nations Of the
= 80 were desperately ara h~opelessly
- . n7sst the stress OF modern con-
81 e~ssppegltl0t3 with q debased ami
- rErreaey and En associations
- fsg weak snd laggard nations
- aye silver alone a8 their standard
$50 All history warns as against
s-raersnsHts which threaten violent
80 r. our monetary standard and the
-e,0a 81 our currency
=. nzes il fuIi OF lessons teaching not
- ee0n0mie dangers bat the nation
v-araglty that follows in the train Of
sxgersfnents. I wlii not believe that
t~ere&n people can be persuaded af~
4ay elaboration TO leopard their
ss prestige ard proud standing by
~uwagiag financial uVStrums. nor that
- - yield % the false aIIurements OF
20 money. when they realize that IL
- result IN the weakening Of that
sasasf ~integrtty ami fectitude which
az in our history has been so de-
v cherished as OF the traits Of
= a~merseanlsm. Our country's indebt-
-. whether owing BY the government
ssslng between individuals. has been
warfed with reference "a our present
assr8 n decree by act Of congress
rsAese debts shall! be payable In less
a dollars than those within the
hmmrsstion and intention OF the parties
ss contracted would operate TO tYans-
the Fat OF law and without com
rmil8a a. amount Of property and a
ne Of rights and interests almost in
anAable
nor sho advocate a blind and head
81 siangs 10 free coinage in the name or
szealasm and profess the belief. con-
av 10 all experience. that we could thus
asssEsk a double standard and a concur
waf circulation Of both metals ia our
aSssge. are certainly reckoning from n
ssAg standpoint. our present standard
Z szlse IL the standard Of the civilized
sxR and permits the only bi-metalIiSm
sas passihle. or at least thai Is within he
s~sspendsat reach OF any single nation.
sssssr powerful that nation may be.
shas ne value Of gold as n standard IL
rsaalea hy almost universal commercial
al business uses. IL does not despise sill
nj a- seek Is Punishment. Wherever this
ssaasf4 Is maintained there Is at It's side
4 free and unQnestioned circulation a vol
ve II silver currency sometimes equal
kg aad sometimes even exceeding il in
N&~& HftS ttaAsAtitf4A al q ltiA AANa HUI
sthgsaaslng a depreciation or ~fluctua-
fhn IN TIE intrinsic value OF silver. There
+ 4 yasi fHaerence between a standard
n salas Ard a currency for monetary use.
TIE standard mist necessarily be fixed
Ard certain. TIE currency may be In d.
vsgss forms and Of various kinds. No sill
rsr STANDARD country has a gold currency
p ~sTasats. but an enlightened and wise
sYstsa q finance secures the benefit OF
aeta seh and silver as currency and cir
sa'sttfg MEDIUM. the standard stable and
q Other currency az par with Il. Such a
esieri AM such a standard also give free
Ehr tA use and expansion Of safe aud
1SFvafiye credit. so Indispensable to
n and growing commercial nations
40 vel substituted for the actual use
ssanel. II a fixed and stable standard
Aasatained such as the magnitude and
- Of eur commercial transactions and
3Ess require. the use OF money itself
Aayenientiy minimized. Every dollar
1s' ana stable value has through the
Ass7 OF confident credit an astonishing
gssiy Of multiplying itself In financial
y Every unstable and ~iuctuating
az fsls as a basis OF credit and in its
fxefs gambling speculation and I'M
Nhes the foundations Of honest en-
sgHze
asFe'Nentured 10 eXprcsH myself on
ssoJeet with earnestness and plain
speech because 7 cannot rid myself
- Belief that there turks I'm the prop
8el Tor the free coinage Of silver. 50
approved and So enthusiastically
Aaiea hy a multitude OF my country
{ serious menace 10 our prosperity
hsiieus temptation 60 our people to