Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1896-07-10

one political organization in the Unit
ed States is to-day struggling in the
tolls OF a selfish class.
The unseliish people are looking on
with mingled feelings of anxiety and
humiliation. The unreeling of the
weeks and days is now bringing us to
the time when manhood will sit in
Judgment on the action of the pre-
tended leaders OF the people; when
men will decide for themselves whether
their political party is to carry them
with selfish interests.
Chief among the laws affecting our
civilization, defended by selfish inter
ests, is our financial laws, and that
brings me to the subject uppermost in
the minds OF the American people.
am going to present to-day, in the
brief space of speech, the side OF the
people in this issue, now on trial in
the republic. l do not hope to reach
those who are seeking to promote their
selfish vanity, or those who are con-
sciously seeking to promote their sell
fish interests. My appeal will be to
the unselfish American people, who
recognize the principle-that man
serves himself best by promoting the
common good.
WHAT THOMAS JEFFERSON SAID.
Thomas Jefferson once said that
men were but children on The subject
of finance. l was reminded of this re-
Gently when manufacturer asked me
what sixteen to one meant? | con- |
cluded l would try Jefferson's judg-
ment on him, and asked him what he !
thought it meant.
He replied: "My understanding of
it is that you fellows want 16 silver
dollars coined to each gold dollar
coined"
And this was man regarded as
above the average citizen.
The money dealers understand
money, and the success OF their selfish
legislation is made possible by reason
of the people not understanding the
science OF money. One reason for the
people not understanding it, is be-
cause they have not understood the
Importance of it, or it's full relation
to civilization.
THE IMPORTANCE OF MONEY.
Money is the blood of commerce,
the life-giving fluid of civilization, the
vital organism in our social existence
You can do without wheat, corn, beef,
or any other single commodity classed
among the necessities of life and yet
be healthy and happy; but you can
not imagine yourself part OF civiliza-
ton and do without money. You can
do without wheat by using corn or
rice for bread; you can do without
beef by using pork or mutton for meat
but you cannot be part of civiliza-
ton and do without money. Without
money, society would go back to bar
barism. 1t is the most important fac
tor we have in civilization, and may
we'll be termed the blood of civiliza-
ton. 1t is an indispensable necessity
to civilization.
One of the rules that should be APP
piled to any necessity, is that there
should be normal quantity of it.
There is a necessity for so much bread.
There is also necessity for a nor
NAL supply OF money. If there were
laws, other than the laws OF barter en-
couraging the boarding of wheat, that
operated to store it away in elevators.
while people suffered for the want of
it, you would be in favor of repeating
those laws. If there was not enough |
Of it raised to feed the people, you |
would be in favor OF raising more of it.
If we have laws that encourage the |
boarding OF money, the greatest of ne
cessities, and diverting it from the
channels of trade, by which the people |
and the nation are made to suffer for
it, and to pay blackmail in order to
get it, you should demand the repeal
OF those laws. And, il there is not
enough money to answer the normal
requirement, you should see that more |
money is made. You should not
leave it to a selfish class of money
dealers to say what those laws should
be.
MONEY is MADE BY LAW.
A cattle man in Kansas who owns
10000 head of cattle knows that if
one half the other cattle in the nation
were wiped out of existence his cattle
would be worth far more to him after
that calamity happened than they are
worth now. The money dealer knows
this principle and he applies it to his
business.
Cattle are raised by nature and the |
supply is regulated by the demand.
All are free to raise cattle who wish
to, but money is an artificial substance
and is made by law. The money
dealer knows this and he goes where
the money is made and gets those
laws made to suit his business. 1t
would be great temptation to the
cattle man if he had the power to de-
stroy half the cattle of the world.
I The temptation has been too great
for the money dealer to resist.
BIMETALILsM DEFINED.
| We believe that bimetallism, that
relies on two metals for money is
hefter policy than oue that relies |