The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-05-26

there will be only two parties in 1886,
One will be the party of-the gold trust
and the other the party of free silver.
4 One appeals to greed and avarice. The
other appeals to humanity. It matters
not what the name of the party or
the man is. The people want to reach
a destination. When a man goes on
a trip he does not ask the name of
the locomotive or the engineer. He
only asks if the man is competent and
if the train is going in the right di-
rection.
Must Be Won in 1896.
The fight must be won in 1896 1t must
be won before $500, DOC, 900 more of gold
| bonds are riveted upon the people.
Next year will is the last opportunity
to correct this evil within constitution
al limits. After that opportunity
passes there will be only two methods
of correction. One is reputation, the
other revolution. We do not want to
use either. The people should use bal
! lots not bullets. They can correct the
| evil if they will work together. When
the old American eagle begins to
sharpen her talons and wet her beak,
the carrion kite of Lombard street and
! jays of Wall street will fly screaming
away. The American people are SOW
ereigns We want them to put on
their crowns. We want them to show
their servant his place.
StraddIe Bug the Worst.
We want them to refuse to submit
to another betrayal The gold bug is
bad enough. But ten thousand times
worse than the gold bugs are the
straddle bugs. There are men who
say they believe in silver, but want
to wait until they see what other ma
lions are going to do. They are the
ones who have betrayed us. We must
not submit to another betrayal.
Mr.. Rawlins said he felt confident that
Mr. Sibley was sincere in saying he
was not a candidate for the presi-
dency. He had always stood ready
to lay down his office. In the last
Congress the cause of silver seemed
almost hopeless, until that bond trans
action aroused the American people.
Then Mr.. Sibley had come to the
front. He Is not a candidate for any
office, but would adorn any within the
introduced General Warner, who was
received with hearty applause and
cheers.
What is Sound Money?
General Warner said that here
seventeen months before the next cleo
ton the lines are drawn. But they
are not drawn where Mr.. Cleveland
said they would be. He said it would
be between sound money and dishon-
est money. From Mr.. Carlisle and
Mr. Morton's statements we may take
sound money" to mean gold alone
as the basis of value, with the people
to make their own paper money.
SUDuIy and Demand.
The doctrine of the ages is that me-
tallic money should be left to be sup
piled by the laws which govern the
supply of everything else, but paper
money must be used only to secure a
stability of values. This is the doc
trine of all economists worthy of be- /
lief and of our statesmen. 1t has never |
been sensibly contended that there /
could be an over supply of metallic |
money. When money is increased, as
1t was in the SOS, prices became high |
and, by the law of supply and de-
mand, the production of metals fall off.
Men go into other lines of production. |
This makes the production common
surate with the demand. But when |
money depends only on the printing
press, where will be found the check
which shall insure stability? No other
would for a moment entertain
SUCH d pTOpOSlLlOn as InaI presented /
to the last Congress-Which is sound
which is founded on gold
and has only its volume determined by
individual interests only or that whose
volume is determined by the natural
law Of supply and demand?
Old Way of Stealing.
In olden times when men wanted to
rob they did it openly. The Roman
promised he would reduce the taxes
half if he were made emperor He
did, but he made the coins double
weight and only eXacted half as many
pieces. We were not asked to double
he weight of our money; no, we sim
ply had its value doubled. r
They say we did not have bimetaI-
ism prior to 1873. Did we not? Did
lot the people have the right to have
silver or gold converted into money?
That is the test. 1t was not neces-
AIRY that a man should have
iXteen silver dollars in one pocket and
ne gold dollar in another. 1t is a fact
hat the two metals worked together and
etermined the prices as though they had {
cen melted and made composite The {
hole supply was used for money Prices
ere the test. Silver and gold might flow t
I and out, but prices should be consider
Fifty Cent Dollars. l