The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-04-15
Line of Battle Drawn Between Safe
and Debased Currency.
The President Urges the .s>ound Mon
ey" Advocates To Unite. and Hopes
the Chicago Meeting VIII Fire the
First Gun of the Campaign Against
Silver Mono Metaiiism.

| complimentary invitation yozl have kea-
/ dered me. on behalf OF many citizens Of
| Chicago. 70 ne the4r guest al a gathering
/ IN the .ilferSt OF sound money aSld whole
some financial doctrine. My attachment
/ 10 Ghas cause Is 50 great. and / know so
| well the hospitality and Kindness % she
| people OF Chicago. THAI my personal En-
| clination is strongly IN favor Of accepting
| your natterlng invitation; but my j4flg
| rnent and my estimate OF the proprielies
! OF nay financial place obfge me 10 fonego
| the enjoyment OF parttcipa ting N the oc-
caSion You coutegil pislse.
| Il hope. however. that the event VIII
mark the beginning of earnest and
| aggressive effort TO disseminate among
| the people safe and prudent financial
-ieas Nothing more important can EN-
gage the attention Of patriotic c.t4zens
because nothing IS 80 vital 80 She welfare
of our fellow -sountryEnen and 60 the
! strength prosperity and hoaoT or oar ma
ton. The s4tiaysGn confronting us de-
nandS thaE those who appreciate the I'M
| portance Of this subjeci and those VINO
ought 10 be the first 10 see Impending
danger should TO ioagsr regna.n indtffer-
ent or over confident.
III the sound money sentiment abroad
| IN the land Is 10 save us from mischief
and disaster. IL must be crystalLzed and
combined and made Immediately active.
Il IS dangerous TO overlook the fact that
vast number Of our people. with scant
opportunity, thus far, 10 examine the
question in all aspects. have nevertheless
oeen lngenlously pressed with Suggestions
which in this time of misfortune aud de-
pressson find willing listeners. prepared
10 give credence TO any scheme which
Is plaus4bly presented as a remedy for
| their unfortunate condftson.
What is now needed more than any,
thing else is plain and simple presenta-
| ton OF the argument in favor of sound
money. In other words. 1t is a time for
| the American people 20 reason together
| as members of great nation which can
| promise them a continuance of protection
and safety only SO long as its soiyency
| Is unsuspected, its honor unsulhed and
| the soundness OF its money unquestioned.
| These things are Ill exchanged for the
illusions of a debased currency and a
! groundless hope of advantages to be
| gained by disregard OF our financial
credit and commercial standing among
| the nations OF the world.
| IF our people were Isolated from all
| others. and IL the question of our eur
| rency could be treated without regard to
| our relations to other countries, its char
acter would be a matter OF comparative
| ly little Importance. II the American
| people were only concerned In the main
+ tenanee OF their precious life among them
| selves, they might return to the old days
| of barter, and in this primitive manner
acquire from each other the materials
| TO supply the wants OF their existence.
| But IL American civilization were salts
| fed with this II would undoubtedly fail
/ In it's high and noble mission.
! "In these restless days the far Is
| tempted by the assurance that though
| our currency may be debased. redudant
| and uncertain such situation will I'M
| prove the price OF his products. Let us
remind him that he must buy as we'll as
/ sell: that his dreams OF plenty art shaded
/ by the certainty that IL the price OF things
| he has to sell Is nominally enhanced.
the cost of the things he must buy viii
| not remain stationary; that the best
| prices which cheap money proclaims are
1 unsubstantiai and elusive, and that, even
| IL they were real and palpahie, he must
necessarily be left far behind In the race
| for their enjoyment.
''It ought not 10 be difficult to convince
/ the wage Garner that II would reach him
least of all and last OF all. In an un-
| healthy stimulation of prices. an in
| creased cost Of all the needs of his home
| must belong 10 his portion, while he IL
| at the same time vexed with vanishing
| visions of increased wages and an easier
| lot. The pages Of history and experience
| are fun of this lesson.
| An fnsifious attempt is made to create
a prejudice against the advocates OF a
| safe and sound currency by the insinu-
/ alton, more or less directly made, that
| they belong to financial and business
| classes and are therefore not only out 0i
/ sympathy with the common people of the
| land. but for selfish and wicked purposes
/ are willing TO sacrifice the interests Oi
| those outside their circle. l believe that
CAPITAL and wealth. through combination
! and other means. sometimes gain an IN
| due advantage; and II must be conceded
| that the maintenance OF sound cur
| rency may in sense re Invested with
! a greater or less Importance 10 individ
! uaIs according 10 their condition and
/ circumstances. II is. however, ouly a
difference in degree. since IT Is utterly
| impossible that any one in our broad land
! rich or poor. whatever may be hts oecu-
! uation. or what his dwelling. In a center
/ OF finance and commerce or In a renotf
! corner of our domain. can be really bene-
/ fitted ny a financial scheme not alike hen
/ ef~fal 20 all our people. or that any ons
/ should be excluded from A common and
/ universal interest ia the safe character
and stable value 81 the currency o. ths
/ country.
.sIn our relation % This question We ar,
[ all In business for we all btly and sell
50 we al have 10 Do With financial opera
I tons. for we all earn money and SPEND 81
1 We cannot escape our 3Eft sT-9eY'endeuce
( Nerrslarsrs ard dealers are IN each neaEh
& f.arhaod and each bas 3ts shops and man
/ ,afa-rurers Wherever the wants % MAJ
I exfsr. business end finance 'n scs-ne 30
/ gree are fp,gud reiated ia an in9ire-sttef
( 70 those wants f1ey supply and In aflcth
/ ar 20 the more extensive bushes an
! fnsrre 20 which they are trIssEf aries
Z flsges-slaftou On price az the Ss-tpoard =
I lrrvn the same day Or boar tn the ~"
/ y,,r,fasf hamlet I've fiiecresttt or depres
I -t,io4i in dnan etaJ cenrers ~ any form
+ ~ money from fae hands % the people !.
+ q signal q immediate loss ever here
4.Tf ~ss- kIess tiiscorEeeg1t ard VIA Ok
+ -a-srnrufs shnult sweep our cllrregle .
. s-n-u ftx safe suppcr4. the uso'f deff-Hsf
+ Iess % al who suffer tn the finne ~ ais
4 f~e-s and ua atforal dtse reilt wn2id - 80
& r.a,r a. they reckon tnetr l0ss tn thFa'
/ s.-srr-v sars-or-. and the 44nurer a..
I ...~tt-a~nan- a. he sees ne MONEY Pr
Z -. re.-et..ef FOR hts tosl rh-ps srl4 anrlf
( - "a - hznAs W@8a1 Ge tstslfrs ~ fal
! ere rt,-@ssariss 20 supply nN hs-iAisi'
1 horne.
/ ..rss-rrise lt as Ws nay rhe Ane ot Ia
I .ta - s-aEr t.s-rxeen NJ forces % 49,
4 .--1--ar-v Ard fh0~s % silver Elono--1iss.l Al
& rt~-, ws1 nnr n-elieTe tARt u our pf-oTf-'
E a. rWorsIf.1 an gnttiAEeut orrrprt ii1zll
Z - -as--~ sasanfd thought rhsT MI Ssnc
/ fts- .-hesues shar. however cle-aks-i. srsfslf
1 sE.ss.arsr and cD1sf lzsassl. cor taat fnfJ ~
cs.e.scat. - L--ale.-z-lAA--s E--e 2o~-l-@~4o4