Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1896-10-09
FACTS THAT TEACH.
HE WAS CONVERTED BY A TRIP
TO ENGLAND.
4 Tacoma GOldbug MetamOrphOsed d
by IA Trip TO Eng ngland-american n
Cutlery In Engiand-An English
View of America.

| turned from an extended trip to Eng
land, and is no longer gold STANDARD
| man.
"What caused you to change you
views?" he was asked yesterday.
Several things" he answered
Zone thing that impressed me greatly
was the interest which England hal
in America. Up to the day that Nc
kinley was nominated all the English
papers were opposing him. Immedi'
ately after his nomination on a gold
platform the English papers declared
for him, and you cannot today find
an English newspaper that is not for
Mckinley"
"Why are they for him?"
Because he is on gold platform
He is pledged to stand by the present
until, by international agreement, we
can secure bimetallism. England's
interest in America is for what she
can get out of America. England is
after our banking system. II they
can get control of our finances we will
come under the Rothschild banking
house. We will be branch
of the Rothschild banking system.
Already the Rothschilds have control
OF the English banking system. of the
French banking system and of the
Austrian and other banking systems.
1t is now proposed to secure control OF
our banking system and compel us to
retire our greenbacks and place our
finances in charge of the Baltimore
bankers system. l am not in favor
of it.
"You hear much in this country
about Englishmen dumping their
securities upon this country in the
event of silver carrying the day.
There will be nothing of the kind.
Englishmen will make the best OF it if
we have free coinage of silver as we'll
as free coinage of gold, as at present.
Englishmen have our best securities.
They have first mortgages and govern
ment bonds. They realize that if we
remonetize silver the interest on their
securities, when not otherwise stipu-
lated in the bond, can be paid in silver.
They may not realize as much out Of
their securities then as now under the
appreciated value of gold. However,
they are going to hold on to our secur-
tiles, as they bought them for what
they could make out of them. 1 found
that United States securities are the
best selling OF any securities offered
ON the English markets.
"You hear much, also, about our
money being maintained at par as .
result of the present gold standard.
Such is not the case. 1t is discounted
everywhere abroad. They deduct 20
cents for exchange in exchanging
American money for English money.
They also keep English gold at pre-
MUM, for the evident purpose of
causing people to buy the English
coins. If they could secure control of
the finances OF this country they could
appreciate or depreciate money at
their will, and the whole people would
be at their mercy.
"The truth is England is in state
of stagnation so far as business enter
prise is concerned. / noticed it more
this time than ever before. England
is not keeping up with the procession.
All the young men who are not heirs
to a lump of money or an estate u.s.
ually 60 away to do for themselves.
They come from the class from which
all our business men are recruited,
the great middle and lower classes.
They work up and on. They leave
the others at home who think more OF
q prize fight or horse race than any
thing else. Such have money and do
not have to work. They and the old
folks constitute the country. They
can not keep up with America, and as
a result you find American goods on
English shelves. All the best cutlery
comes from America. l tried to get a
fine pair OF Sheffield shears. They
told me the best shears came from
America. The ones they had were oi
good material but they were out OF
date, and I would not carry them
home to have them. The same way
with knives.
"I found American fabrics selling in
English shops. We can make fancy
goods cheaper than England, although
they make some staples in the dry
goods line that are cheaper than ours
that is, they can make them on a mar
rover margin than we can. The old
folks in England cannot adjust them
selves TO our progress. They cannot
understand that what used to do will
not do now. The people are also slow
ANY of my men in the tailoring busl
ness will do more in two days than an
English journeyman will do in week
They have q given amount of work tt