The Maryville times. (Maryville, Tenn.) 1884-1944, 1895-06-27
ABOUT FINANCES.

Many people are old enough to
remember the Greenback party and
the greenback craze. 1t was an I'M
possible scheme for fiat money and
died the death of all such crazes.
There are many theories which sound
nice and when clothed in fine
language seem reasonable and are
reasonable-but they are only so
under. certain circumstances. All
know that one theory will work in
one place, while it would be a total
failure in another. Too many read
the finely spun theories and without
looking at surrounding circumstances
become enthusiasts in that which if
adopted would work great injury to
the country. We think the extremely
conservative man who hesitates even
to adopt advanced measures, which
will do him good, is in great deal
less danger than that man who jumps
at the opportunity to try every
scheme advanced by the many wild
men of the present age.
A scholar can bring out fine
theory, but it takes statesman to see
the hinderances in the way OF carry
ing out that theory. Free trade as a
theory is fine study and many are
won by its seductiveness, but we have
had a partial trial of practicle free
trade which has knocked the fine
theory into a cooked hat" AS a
result the free trade craze is wearing
off and there are not many demo,
cratic papers growing eloquent upon
the benefits of "tariff reform"
There is another theory being dis
cussed by them and it is the belief o
many that this last one has beer
brought forward to detract attention
from the miserable and disastrous
failure of the othe- one. They have
E Joined with notorious set of howl
ers and are trying to lay the blame o
g the present condition of affairs upol
our money, which has always bee
i considered the best in the world here
. tofore. Free and unlimited colnag
= of silver is now the theory advocate
y by large number, led by the oil
greenback element and such note
repudiationists as Senators Harris an
Bate of this state.
a We have been asked, our position o
4 this question. The TIMES believes
e the wisdom and sound judgment
1t the leaders of the republican part,
~ as under their direction this countr
Q reached its highest prosperity, an
s. when they, after giving the questio
r. careful study, declare their posltlo
we will be entirely willing, so far
s. we know at present, to give them OF
D. earnest support. But of course "
5. have been, as has every other cltize
O. thinking on this question and we b.
O. lieve in using both gold and silv'
0 and using just enough of both to kee
!. the two on a parity SO that neither ca
is run the other out of the country. W
10 do not believe in either gold or silv'
recommendation and we believe tn;
free coinage means silver monome
talism as it has been the experienC
of all nations that cheap and d,
preciated money forces out the bette
I and more valuable money. We d
not wish the value of our money r
. duced one half as is Mexico's so tn;
: when we pay our debts we will hay
to pay twice what we do now or n
pudiate them one hall. 1t is we
known that $500 of Mexican more
is worth only $50 here in Americ
ii and ifa silver standard means such
depreciation we do not want it heI
in America, where we have boaste
,, of our good money.