The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-05-16


by appropriate public measures. The
cliques of capitalists seek to destroy
proper COOPERATION of the people by
the creation Of combinations, that Gre
ate monopolies, and the labor classes
are led to destroy the proper activities
Of capital by violent and most unwise
strikes.
The industrial establishments and
transportation systems of this country
are subjected to the see-saw of alter
nate initiation and Wrecking, finally
falling into the clutch of the cliques,
the savings Of the people taken from
them on each reaction, being absorbed
at prices artificially inflated, and re-
turned at prices artificially depressed,
and the control of domestic Industry
by organized monopolies completes the
circle of public robbery. Certainly it
is not surprising that our affairs are
rocked and shaken with the wrath OF
a public opinion which feels If 1t does
not precisely comprehend, the wrongs
that are thus perpetrated.
The speaker then entered into an eX-
haustive discussion of the various
phases of the silver question, taking
in railroads and low prices, the hon
est" dollar, the money of civilization,
how falling prices hurt, falling prices
and paralyzed industry, maintenance
of the parity, a narrow supply OF
money checking civilization, the need
for actual money and industrial and
financial independence.
Price of Poor Taste.
In this last utterance the distinguish
ed visitor gave good cause for a charge
of showing poor taste. The silver con-
Vention has nothing to do with poll
tics, and the delegates have met here
with the understanding that the silver
organization is broad enough to include
all men. However, Mr.. Barker under
took to discuss the tariff question in
the course of his speech, to call the
advocates of protection true Ameri-
cans and its opponents the "alien
interest and foreign monopoliStS.
Free trade and gold monometal-
ism" were grouped together as 'alien
interests" The American people were
accused of having made themselves
the tools of aliens. For this part of his
speech Mr.. Barker was severely criti-
cized but he was heartily applauded
for his closing utterance, that mo
presidential candidate can be elected
in 1896 who is not unequivocally
pledged, both personally and by his
record to support this policy"
Los Angeles Heard From.
After another selection by Prof Rad
cliffe and an encore, Governor Thomp-
son read a telegram from John Love.
secretary, saying:
1.-The Los Angeles League Bimetal-
lie club, 500 strong, the first to be Or
gained on the Pacific coast, sends
greeting. God speed your efforts to
educate the people on this great ISSUE"
There was strong applause.
Think They Know it All.
Governor Prince was then intro
duced as one of the war horses of BIZ
metalrsm. A Baltimore paper once said
he had nerve for saying the people of
the east should be educated. Those
people think they know it all. His
speaking to that audience was rather
like a man who was preparing to edu-
cate the heather, being called upon
to address a Sunday school. He did
not believe in abusing the east. The
people there think as we do. Only they
have not learned as much on the sill
yer question. They read the one-sided
gold papers and believe there is no
other side to the question. Many know
no more of the question than new
born babe. He had found one woman
IN New York who understood the ques-
ton, but not one man. He wanted to
educate them, and begin the propa-
ganda right in New York, where the
work will do some good. He wished
Warner and Silbey had stopped in the
east.
Talk For Honest Money.
He wanted to see the silver men
be called Honest Money clubs. Honest
money is perfectly stable, and not
constantly f1uctuating, so men may
look into the future with assurance.
We have dishonest money, and have
had it since 1873. Gold has been going
lp and prices have gone down. Ruin has
followed. People used TO think the sun
and the stars revolved around the
earth. But they found differently. SO
the people Of the east will some time
learn that it is gold which is going
Up and not values which are going
down just as a boy, in his first travel,
learns that j train moves instead OF
the houses, trees and people, which
seemed to be going backward. Bust |
ness must now be done on a falling
market, but the matter is harder on
the man who ewes a debt which he
must pay in approaching money. Salt |
and applause.) But other cities have !
Every man must pay taxes for this |
1ebt.
Increasing Contract Obligations.
The constitution of the United States |
says no law shall be passed increasing !
5he obligation of contract. But by |
he act of 1873, Congress increased the !
of every contract in this /
payable in money. Suppose |
Congress should add an inch every |
year to the yard stick, and make all |
contracts amenable to this. The people |
would say it is monstrous. The finan-
,ial yard stick today is 80 inches long. |
The pound has % ounces. So when the |
"a st talks of sound money send back /
he answer that that is dishonest
money.
Corn and Wheat.
Here is an illustration. Wheat and /
,orn are the two great cereal articles |
# food. The principal use Of each is in /
oreadstuffs, yet each has other minor
Uses, corn being used for distillation.
suppose a gigantic syndicate bought
Up all the country's wheat, and, to
.nhance it's value, Influenced Congress
o forbid the use of corn as food. The
Whole demand would be thrown on
wheat, and its price would rise and
continue 10 rise as it became scarcer.
IN the other hand there would be a
demand for only about 20 per cent. Of
he corn and, as the owner rushed to
ell it, the price would drop. One would
hink the Spectators and Congress
Who brought about this condition
would be detested and eXecrated for
yer.
Call it Supreme Assurance.
But suppose again that when the
owners OF the corn complained be-
ause their corn had dropped from 80
ents to 20 cents a bushel and asked
he repeal of the discriminating legis-
alton and corn be restored to its i'm
use as food, they should be