The broad ax. [volume] (Salt Lake City, Utah) 1895-19??, 1896-08-22


That the money question will be par
mount in the approaching election,
" agree who have studied the action
= nolitical conventions thus far held.
1.,empts have been made which will
- repeated. TO avoid the issue, but
sStbout avail. The issue is before
rs great battle is on to be fought by
ss,ussion, and, / trust, settled with
ballots.
IN most local conventions held, the
,.iing has been smooth until the finan-
.i,I blank was launched; and then sud-
Ssnlv clouds arise as from clear sky;
ne storm increases as the wind veers
s-oupd from every quarter of the hall,
and the safety of the trusted bark,
Ibieh carried them to victory through
!. many political storms, be-
ones question Of gravest
,,,ceru. The danger Of these
A. crafts increases with each hours
,dtation. but if their rotten timbers
~. way and the old crafts sink to rise
N more. their crews will live to build
1osern traits better prepared to meet
tbs demands of the present days,
which will prove beneficial to the ma
tun.
Money Lovers
M question is of equal Importance to
tSe money-loving and money-makiug
Americans, as the question of their
money, for which they strive vigor-
ously By day and dream Of by night.
Money. that which exchanges for the
Isborer's daily toll, and the product of
the farmer and manufacturer, is Of
absorbing interest to every citizen,
rom the child who buys candy with
rs first penny to the millionaire who
deals in money exclusively. That all
yspt sound money" there can be no
sHs,ion; but We may not agree as 70
wat is sound money" Here the
question arises: does the scarcity of a
metal make it sound, or does a more
liberal supply of another metal make
|! unsound? Does not the necessary
suOuut of the best money We can con-
rol constitute sound money" John
c. Calhoun said in the United States
senate. March q, 1884. IF we turn
our attention to the laws which govern
circulation We shall find one Of the
most important to be that, as the cir
culation is increased or decreased, the
rest Of the property will, all other
things remaining the same, be de-
creased or increased in value, exactly
in the same proportion" 1t would
seem then that in order to have sound
money we must have fixed supply Of
money, that its purchasable value will
note the difference between a fixed
supply" and a fixed amount"
Tie monetary question is of such i'm
pcrtmce to our prosperity that all who
understand It, approach its discussion
with great caution. Yet il is as easily
solved as are any of the great ques-
ions OF commerce.
FinancIaI-PoIities
Il is extremely unfortunate that q
question of so much importance to our
Tosperity, and one purely economic,
Mist be lowered into the Shiny pool of
politics and after being made the foot
ball Of political parties during a cam
pslgn Of heated and possibly unintelli-
gent discussion, controlled, perchance,
B! the party using the most money
VII which to Intricate party machin-
s1, and run the band wagon. A ques-
utn Of such absorbing interest should
hrt be placed in the hands of an able,
honest, nonpartisan commission cf
Eel-known patriots, with power to
July investigate the question and pub
hsh their conclusions, that our people
might obtain intelligent information to
GUIDE them when striving to accom-
pnsh the greatest good for the great
est number.
Inc opposite course seems to con-
usi me action of our government OIL
ass Probably the ablest monetary
ucussion ever held, was that known
me Brussels conference, in which
us ablest monetary students Of this
AolAO4o VI llhC lam WIN
pNl A full report of the proceed
Its OF the conference was published by
w government, and after a few copies
sefe distributed, the balance was vir-
susIy suppressed. II is practically
'Ossible to obtain copy Of that in
Husole report from a government OFF,
A friend persistently searched
various departments for days with
y avail, when he learned they could
Nootalned at a secondhand book
~~e, where he bought one for $50.
Rests with the People
u our country the intelligent and
s@aseryative masses in the walks Of
e hold the balance of power in all re-
urn movements. This class lie
Suuylng the cause of the present de-
sseSsed condition, and is clamorins
instructive and reliable informs
10a bearing on this subject. That
sucn information is withheld by our
eU'ernment is disgrace to a nation
suicn claims to have made every rea-
sudole effort to secure international
"elallism. Because Of the inability
OBTAIN Official information bearing