The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-01-24

win ~ specu1ators in coin ana miners.
and heir dream will be short.
This would b ths Inevitable result.
that We stimulate the world to tine up
against n. forcing N to position NUM-
her Z which care not 10 touch as It
requires the vivid ana distorted inagin-
alton Of = Bethany
As long as Ne pursue cur idiotic course
I see no reason 10 hope for gold TO do
aught else but take wings. and keep
doing - until our gold Is all Eone. Tor
- long 40 Europeans can cash IN stocks
ard bonds, taking one half gold and the
other half I'm our gold bearing paper.
and the absolute certainty OF appreciation
In gold. they win certainly keep doing
90. at least e. long - Carlisle win print
bonds.
one Of your correspondents recommends
the treasury to destroy all paper present.
ed for COLA What . magnificent scheme
that would be, The gold bug would
be more than delighted: his heaven would
be in sight. Gold and notes too disap-
peazing.
The present attitude Of Europe indicates
. desire 70 give rs . lesson in finance
We may wake up 10 the fact that We
are not . necessity to them and per-
haps our patriotism may be called upon.
In an our statements Of trade balances
we see no mention OF stocks and bonds
sent over to Europe.
No mention OF Seoe. co., 90 per year spent
In Europe by our wealthy people.
There Il q way out OF our dilemma.
and we might have taken It without
waiting for st TO be forced upon US, and
chat way 10 economy In ali cases
This subject OF economy can be indie
flnitely enlarged upon.
Advice to Iegislators!! we'll: Gill Bias
truthfuIly advised the archbishop. and
lost his position.
The Republicans In convention assem-
bned endorsed free silver. Majority rules,
and comment Is superfiuous Ignorance,
represented by Populist platforms I'M
sfs.s on free silver. government owner
ship Of everything under the sun. In
GLIDING machines for rapid production
OF paper money. and In the same breath
objects to paterualism- Comment Is un-
necessary.
very much desire your Populist cores
ponden.s to furnish more light, particu-
farly those proposing the issue OF ten
million dollars OF state warrants, inter-
est or non-interest bearing. l assume In
asking for this light that these men are
law abiding citizens and not anarchists.
Does not our state constitution pro-
hibit the mourning OF any state !ndebt-
edness for any purpose whatever In ex-
cess ofts40o 900?
Admitting that this measure was voted
upon by three-fifthS OF the people favor
ably. what would be behind this paper?
When win these warrants be paid and in
what Character OF money win they be
paid? II non-interest bearing and In
definite paper. could we pay our outside
bills with them? Could the city OF Sc
attic pay her interest ON bonded debt
with them. and lie not. where could she
buy gold. and at what rate would the
holder of gold exchange his gold for
non-interest bearing. indefinite piece OF
paper? Where could the state buy bombs
with them? as all our counties and
municipal and school corporations are
already bonded up to their constitutional
limit. II the state remitted taxes end
issued this paper to its citizens In pay
ment OF Its debts there would be only
about one million a year put into circu-
lationA
And as o Glowing question. II ten mill
ions a year is leaving the state for pork
and butter how kng before we viii be
bankrupt and what good would ten MILL
ions do a population of $4,000 people?
Let us talk less and think moro. and
above all things. practice economy.
JOHN r. THOMPSON.