The Evening dispatch. [volume] (Provo, City, Utah) 1891-1895, 1895-02-02
THE FINANCIAL SITUATION.

1t is said by Mr.. Sherman and others
equally well-informed that if free
coinage bill is not passed the free coin
age men in congress are strong enough
to prevent any other financial legisla-
ton. The present is as good an oppor
tunity as we will ever have to test the
free coinage feeling in congress and
the east, and we would like to see the
matter settled one way or the other
without farther waste Of time. Mr..
Cleveland's plan represents one ex-
treme of the financial policy open to
us.and this absolute free coinage PROP
ositlon the other. We take it as a mat
ter OF course that Mr.. Cleveland's
proposition cannot become a law, and
therefore there is nothing to be done
but to discuss the free coinage propo-
sition. Free coinage will do two ex-
ceedingIy important things at once,
both being in themselves great meas
ures of relief-iust what is needed, in
deed. Free coinage will add one hum
dred per cent. to the volume of our
circulating money at once, just the
money we need-the monty which will
find its way just where it is most
needed, into the hands of the poor ard
the small operators generally. The
>other advantage would be the quick
ening and upbuilding of business of all
kinds from the Mississippi river west.
This revival of business would, without
the south, affect keenly and favorably
the people over territory which COM
prises largely over one-half OF the ma
ton. The other one-half would not
be deleteriously affe cted and we firmly
believe the whole country would be
benefited amazingly. This result
could hardly be defeated by any com
bination possible to be made by the
bankers and gold sharks of Wall street
and the east.
We are arrived at a point where a
decisive policy one way or the other is
imperatlvely demanded and lone way
or the other" means that the country
must become either double standard
with gold and silver, or gold basis sim
gle standard. The gold standard is
fitted only for people who are used to
tyrannical and monarchical forms of
government. Based as ours is upon the
intelligence and independence OF the
masses, the voices of the masses being
for the double, or gold and silver
standard, the government in power to-
day must restore the double standard
or face the consequences, which will be
revolution. Doubtless Senator Sher-
man himself sees today that that little
Interpolation of his in the bill of '73
was vast mistake considered from the
standpoint of the people. The bankers
and bond spectators would have the
single gold standard, because Of the
speculation made possible by the
inadequacy of the worlds supply of
money, good money.
U0 pI0S0ub lb buS Sup1cl1o I1OmSul
for the friends of silver. They must
work not only for the restoration of the
life's blood of our commerce and manu-
factures. silver, but to defeat the
wicked and selfish purposes of the gold
ties represented by the Rothschilds of
Europe. Ii we show in solid front, if
we gather the clans from the noun
tians aud the plains, the workers of
the nation, the result will be triumph
of silver and the disenthrallment Of the
already despairing poor. Let us have
free coinage which we had had long
ere this if such men as Vest had not
deferred to the "head of the party"
as they have done in the past.
The conclusion reached is that with
one good campaign for free silver
coinage and another against the
thralldom of party fealty, the country
will soon reach proper solution of ali
the vexing financial an other problems
by which it is now SO seriously and
deleteriously affected.