The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1895-06-27
rHE SECOND nay

~ du'i saw 'iHA A' ''i" '.--
there to conlreut him.
The morning papers except The
7Ta,es and Inter Ocean published a gar
,blcd account Of what had actually taken
place. The Tribune and Hcy1H were
editorially loaded with abuse.
The edilor-iu~chicf Of The Tribune
was a Mr.. Ven Beu,huyscn He had
been told by the owners Of that paper
to write an argument in favug of the
gold standard. In au editorial Of thirty
lines he called bimetallists "iraudalent
free silverites" blatant orators, "blaN
.therskites," "thevcrs, "swindlcrs,' ''rc>
pudators, dishonest trickey, brazen
eharlatans," "malignant luuatics,' re-
peating some of these choice epithets
several times
The next day one of the proprietors
called bis attention to this editorial and
asked him why he didn't write an ar.
gument lis reply was; Argument
that's the only argument there isl
On tie morning of the second day
When Com arrived at the Art Institute,
he found the hall full of people, most Of
them middle aged aud old men.
he was asked to thyoy tie "school
open to persons of all ages This was
move to put qiietus on the success
OF the lectures. KLotty questions would
be hurled at hinl-perplexing queries
aud abstruse propositions. They would
harass him, worry him, ard taugle him,
laugh ut his dilemma and then say:
,'We told you so. This was the pro.
grammc.
Corn consented.
All the seats were filed and many
persons were standing. Perfect order
prevailed as Com began his lecture.
THE RATIO.
"'rhe ratio between silver aud gold,
said Com, "prior to 1873, in the United
States was fixed at 16 to | aud for the
purposes of coming token silver dollars
is sill the ratio. That is, the silver in
silver dollar is Just sixteen times as
heavy as the gold in gold dollar. Or
to reverse it, the gold IN a gold dollar
is just l-l6 the weight of the silver in a
silver dollar.
up 10 1884, when the ratio was IL
to /, the gold in gold dollar vas LIS
the weight of the silver in a silver dollar
When the ratio was changed to l6 to !
the quantity of gold in the gold was les
seued and made l>lG the weight of the
silver in silver dollar
The quantity Of silver in the silver
dollar was not disturbed 1t being the
uui;, was respected, aud remained tn,
same. The gold dollar was cut dowr
irom 247 grains pure GOLD to 23,2 grains
of pure gold. So that now it is one
sixteenth tie weight Of the pure silyel
1871 grains) in III silver dollar, Thi,
j. what ratio means.
Mr., Lyman Gage, president Of til,
First National Bank Of Chicago, inter
rupted the little speaker,
He had been watching for an open
ing, and he new thought he had j
where he could deliver telling, an,
follow it up with knock>out, blow.
lie rose to his feet All eyes wer
on him. la Chicago Lyman Gage is a
the "top of the heap" His word !
law on the subject of finance, "Eloy
does he happen to be at the head of tn
largest bank west of the Allcgbauias, i
he does not know all about iJ?'
This is the way the Chicago pcopl
Felson when their thinkers are allowe
90 think.
As rule they are q very busy set o
men. On al! sgch questions as a Ma
tional fuanco policy their "thinkers
Inn automatically. Such men as Nh
Gage do their thiakiug for them, Cite
do not breed statesmen. They brec
the specialist, 4 specialist fqvors who
will tend to promote his business thougl
il may injure the business Of Others
A statesman must be broad. lie mus
have a comprehensive appreciation O
the interests Of all the PEI ple-esFeciall
the poorer classes. If he has been
raispitter at one time, so much th
better
The men who produce the propert
of the world are the men whose happ
ness should be consulted The me
who handle this property after it is prc
duced have little regard for the interest
Of the producers. Their scliisbness an
greed blind them. Their minds a,