The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1895-04-18
President Cleveland Declares for
Gold MonometaIlism.
IN A LETTER TO CHICAGO
Aimed 10 Convert the Farmer
and Workiugman.

lowing is the text OF the letter of Pres
ident Cleveland to the Chicago commit
1 tee: .
| Executive Mansion, Washington. d.
! c., April l3, 1S95.-Gentlemen: l am
much gratifled by the exceedingly kind
and complimentary invitation you have
rendered me on behalf of many citizens
of Chicago to be their guest at gath
ering in the interest of sound money
and wholesome financial doctrine. My
, attachment to this cause is so great
and know so we'll the hospitality and
kindness of the people of Chicago, that
my personal inclination is strongly in
favor of accepting your f1attering invi-
tation; but my judgment and my esti-
mate of the proprieties of my official
: place oblige me to forego the enjoyment
of participation in the occasion you
| contemplate.
| hope, however, that the event will
mark the beginning of an earnest and
aggressive effort to disseminate among
the people safe and prudent financial
ideas. Nothing more important can
engage the attention of patriotic citi-
zens, because nothing is so vital to the
welfare of our fellow countrymen and
to the strength, prosperity and honor of
our nation.
The situation confronting us demands
that those who appreciate the import
ance of this subject and those who ought
to be the first to see the impending dan
ger should not remain indifferent or
oyerconfident. If the sound-money
sentiment abroad in the land Is to save
us from mischief and disaster, it must
be crystallized and combined and made
Immediately active 1t is dangerous to
| he r. n n CT Of
our people, with scant opportunity thus
far to examine the question In all it's
aspects, have nevertheless been ingen-
iously piled with suggestions which, In
this time of misfortune and depression.
find willing listeners, prepared to give
audience to any scheme which is plau-
sibly presented as a remedy for their
unfortunate condition. What is now
needed more than anything else is a
plain and simple presentation of the
argument in favor of sound money. In
other words, 1t is time for the Ameri-
can people to reason together as mem
bers of a great nation, which can prom
/, lse them a continuance of protection
and safety only so long as its solvency
Is unsuspected, its honor unsullied and
the soundness of its money unques-
I, toned. These things are lily exchanged
|
and groundless hope of advantages
to be gained by a disregard of our
financial credit and commercial stand
ing among the nations of the world.
SHOP-WORN ARGUMENT.
"If our people were isolated from all
i others, and If the question of our cur
]. rency could be treated without regard to
our relations to other countries, its char
acter would be a matter of comparatively
INN tQ ha AM arfa
were only concerned in the maintenance
of their precious life among themselves
they might return to the old days of bar
. ter. and In this primitive manner acquire
from each other the materials to supply
: the wants of their existence But If Ameri-
:, | can civilization were satisfied with this II
o would abtectly fail in its high and noble
| mission. In these restless days the far.
A mer Is tempted by the assurance that
n though our currency may be debased, re-
! dundant and uncertain, such situation
-' Will improve the price of his products
:. Let us remind him that he must buy as
s well as sell; that his dreams of plenty are
shaded by the certainty that IL the price
t of things he has to sell is nominally en-
n hanced, the cost of the things he mus
o. buy Will not remain stationary; that ths
], best prices which cheap money proclaim,
= are unsubstantial and elusive; that ever
if they were real and palpable, he mus
: necessarily be left far behind in the rae,
Il for their enjoyment.
y 'It ought not to be difficult to convinc,
d the wage Garner that 1t would reach hin
10 least of all and last of all. In an un
= healthy stimulation Of prices, an increased
= count OF all the needs Of his home mus
8 belong to his portion, while he is at tn
n same time vexed with vanishing vision
It Of Increased wages and an easier lot Th
IT pages of history and experience are full
of this lesson.
DEFENSE OF CAPITAL.
l. IAN insidious attempt is made to ere
N ate prejudice against the advocates O
W a safe and sound currency by the insinua
- tion, more or less directly made, tina
= they belong to financial and bushes
.. classes, and are therefore not only ou
II Of sympathy with the common people o
er the land but for selfish and wicked pur
n poses are willing to sacrifice the interest
to of those outside their circle. l believ
as that capital and wealth, through combina
10 ton and other means, sometimes gain a.
undue advantage, and Ii must be con
ceded that the maintenance of a SCUM
ss currency may. In sense, be invested wit
rs a greater or less Importance to individu
III ais, according to their condition and cir
er cumstances. II is, hpweyer, only diff
a. erence In degree, since II II utterly impos
r. sible that any one In our broad land, ric
"a or poor, whatever be his occupation
=. whether dwelling in center of commerc
III and finance or in a remote corner of tn
lu domain, can be really benefited by a f
nancial scheme NOT alike beneficial to a
". our people. or that any one should be es
IS cluded from a common and universal In
Nv terest In the safe character and stabl
~ value of the currency OF the country.
or In our relation to this question we sr
~ all In business. for we all buy and sell
AZ no we all have to do with financial Opera
10 tions, for we all earn money and spen
De 1t. We can not escape our interdepent
he ence. Merchants and dealers are in eac
20 neighborhood and each has its shops an
n manufactures. Wherever the wants {
a man exist, business and finance in som
or degree are found related in one directio
to those whose wants they suppl,
and in the other to the more extensi,
~ business and finance to which they al
- tributaries. A fiuctuation In price at III
>. seaboard is known the same day or no,
- ip the remofest hamlet The discredit
IN depreciation in financial circles Of ar
20, form of money in the hands Of tho pe9p
no. Is a signal OF immediate loss everyEher
10, II reckless discomfort and Wild expeI
,ss ments should sweep our country from I
nd safe support, the NOSE defenseless Of {
an who suffer in the time OF distress and n
sb tiopal discredit would be the poor, as th<
nd reckon In their loss their soanty supper
an and the laborer and working man w
led suffer as he sees the money receivi
rce for his toll shrink and shrivel In his hal
eat when he tenders It for the pecessaries
The supply his humble homs,
ptsguiss It ~ We may. the linz Of bait