The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-05-19
THE B1MErALLIc UNION ADDRESS.

perused the address of the silver con-
ference, or rather the Bimetallic
Union, to the people of the United
States. If not, they should get Sat
urday mornings Herald and read
every sentence of that address. We
do not believe there is an argument
or statement in it that can be sue
cessfully disputed. 1t should be cir
culated III every part of the country.
1t is devoid of the exaggerations
which sometimes attend silver address
ses, and avoids those irritating and
often groundless charges made against
men who do not agree with the advo-
Gates of free silver coinage.
There is a candor and calmness
about the address which will recon-
mend it to thoughtful people every
where. The executive committee
should see that it reaches the people
of the east. There is little need for its
distribution very widely in the west,
except to furnish the friends of silver
with plain and simple reasons for the
Independent adoption of free silver
coinage by the United States without
waiting for the movements of other
nations.
One thing the people of the east
need enlightening about is the bene
fits that will come from true bimetal-
lism to the whole country, as distin-
guished from the interests CT the sill
yer mining regions. The idea that the
silver movement is simply to find
market for silver, which viii increase
its price and thus enrich the mine
owners of the west, has been diligent-
ly fostered in the minds of the masses.
1t must be dispelled by the light of
truth and the address will help in that
good work.
To hear men like Professor Law
renee Laughlin, one would suppose
that the restoration of prosperity to
the silver mining industry would be a
capital crime. If mines that have
been closed down on account of the
in the silver market
should be re-opened and worked at a
profit, would that be source of evil
to anybody? Is not the prosperity Of
every legitimate industry of magni-
tude a general benefit to the complu-
nifty? The increase Of the silver pro-
duct must surely be for the common
at any rate it cannot be a
public calamity.
But, it will be asked by the gold en-
will not the coming Of fifty
cents worth of silver into hundred
cent dollar prove source of bound
less wealth to the "silver baron" at
the expense Of the nation? The an
swer :, no. The nation will be bene-
tilted by the increase Of metallic
money which will be the consequence
Of free silver coinage, and while few
mines which can produce silver at the
present low market price will be
it will not be at the ex-
oense of the nation. but the nation
will derive the greater benefit.
Why should it be crime If the
mines now shut down are started up
lgain, any more than it IS a crime
or other depressed industries of the
country to be revived, wages raised
md business prospered? Is it an evil |
or silver to be produced at a profit
nd a virtue to produce gold at
.reater profit? Why should people
ejoice in the rise of the price of corn
+ cotton, and weep over the. pros
,ect of a rise in the price of silver?
But, as shown in the address, tho |
tory that free silver coinage is adj
coated in the interest of silver
miners is not true. Most Of the great
dvocates of restoring the white metal /
0 its rightful position as money have
o personal interest in or connection
18th mining interests, but are striving
Or the welfare of the nation.
The retort could justly be made
hat the advocates of gold mono
letallism are sold to the banking and
old specializing interests. But that
hould be avoided. elimination and
must be banlshed from
ne serious consideration of the grave
uestion that confronts the country,
nd it is gratifying to see that the
imetallic Union, in it's excellent ad-
ress to the people, avoids attacking
le motives of the opponents of sill
er, and simply presents the truth in
Lnguage that cannot be mistaken,
nswers the fifty cent dollar faslacy,
xposes other egregious errors of the
lonometallists, and preserves that
Ignity which belongs to a righteous
luse.
The Bimetallic Union Is an appro-
rate name for the association FORM
l through the holding of the silver
Inference. It is standing notice
lat silver monometallism is not pro-
osed in the place of gold monomet-
lism. While this is a silver organiza-
ltion because it's members want sill
ar restored as a money metal, it does
ot want to reject gold, or displace
from coinage rights, or put silver
It's stead. The free and unlimited
image of both silver and gold at
lie ratio of 16 to 1 is demanded, and
lie silver workers want thai and
,thing less. Let the Bimelallic Union
nd Its views to every corner of the
untry. and it will be found that the
lage is right: Truth is mighty and
Ill prevail"