Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1895-10-04
EISSCHER ON SILVER.
THE VIEWS OF A WELL KNOWN
POLITICIAN.

He Gives COgent Reasons tor til,
Faith That He PrOfesses-Th,
FalIacy of GoId.Bug Statistics.
When the silver demonstration act
of 1873 was passed, coin was not il
use in this country to any appreciablt
extent and the people were not bother
ing themselves about gold and silver
which they were not using. When
the resumption OF specie circulation
came, more coin was needed with
which to resume. At that time it will
be remembered a statesman said
"The way to resume is to resume u
The Bland-Allison bill, and following
that the Sherman bill, which provided
for the purchase of silver, supplied the
necessary amount OF coin. and the
people were content.
These acts exhausted the silver pro-
duct of the country, outside of the
quantity that was needed for the arts,
and everything was lovely: But the
owners of gold haye been intending
for years, to corner the stuff and thus
make it more valuable. That could
not be done without debasing silver
and so the fight against silver came on
and the result was a money panic.
Money is the most ardent of towards
and at the slightest scare it seeks its
hiding places. When it is hidden all
enterprises "turn away and lose the
name of action" The man who owns
town lot that is bringing him moth
ing, but which on the contrary is an
expense to him in the matter of taxes,
instead of building house upon it
that would bring him some return by
it's rental, keeps his money in bank be-
cause he is alarmed about the future,
and then the carpenter, plasterer,
brick mason, and others who would
have obtained employment in building
the house, sit on the fence idle, and
they and their families suffering for
the necessities OF lie, all because gold
is coward and too good to be used.
Mill and factories close and the oper-
atives are the sufferers. The Kold.bug
will tell you that the capitalist who
owns the mill suffers more because his
business has ceased. That is TO cay
he is not making money, and when he
is not making money in large qusnti-
ties by the labor of others, he is q
dreadful sufferer. He never misses q
meal however, but the operative and
his wife and children who undergo all
the privations that dire poverty brings
doesn't suffer any. He is only block
and he can't suffer. But with this
condition Of affairs we have the vast
army of the unemployed.
However, the gold-power comes to
the front with its powerful panacea,
d" statistics" The gold-bug's ststis-
tics will prove to you in the toughest
times what the producer undergoes.
that the workingman was in better
condition. He will prove by his sta
tistics that man who hasn't eaten a
bite for four days is not hungry, be-
cause men have often gone ten or
more days without food and lived.
The hunger Of block is "barren ide-
atty" The fact is that in order to
find out that you are not in need of Q
thing that your feelings and appetites
tell you that you need, just go and be
a statistician. Statistics are what the
working people of this country have
been needing all the time, not work
and wages. Say. Mr.. Workman, if
your wife tells you to bring home
piece of meat to boil, to feed her and
the babies, tell her that she will ruin
you if she keeps that up. The child
rem don't need beef. What they real
ly need is statistics. Tell her to get
some gold-bug newspapers and pamph-
lets full of statistics proving that the
workingman and producer are better
off than they ever were, boil these and
feed the babies. If they don't get fat
on that sort of diet or if they should
starve on it, then you will have the
consolation of knowing that working
peoples children are too numerous
this season anyhow. The gold-bug's
statistics tell you, and prove it to you,
that there is "no demand" for silver.
1t is true that the thousands and
thousands of people out OF employ
ment in this country do not want
work and they pay for it in silver, or
any other kind Of money that will
purchase for them the necessarities OF
life? Is it not true that the hundreds
of thousands who have employment
are working for gold, only, and that
they refuse to take silver as payf Yet
the gold-bug statistician will prove to
you that there is no demand for silver
and moreover that the business OF the
country is done with checks, drafts,
etc. Do you, Mr.. Carpenter, Mr..
Brickmason, Mr.. Small Farmer, Mr..
Store Clerk, Mr.. Mass Of the People
do you pay for your board. buy food
for your family, clothe yourself and
children, pay your rent, and all sucn
things as that, with checksf NOT
much. -
When the fathers of this republic