The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1896-10-28
lfONKBYING WITH COMMERCE.
AGAIN.


1t is clear that Senator Dubois is
painfully ignorant. or dishonest to the
point of mendacity, with respect to
the simplest facts of commerce. Be
ing his friend, it would be unbecoming
in US to question his integrity. In
recent speech at HALEY, he insulted
the intelligence of his audience with
the following statement:
'The wheat raiser of Argentina. for
instance, brings some wheat here. He
sells it for, say, $500. lie is paid in
gold. This $500 he exchanges for
- 600 in silver, and with this silver he
pays all his expenses"
Now let us suppose that imaginery
individual should come up out of
South America with his cargo of wheat
and offer it for sale on the New York
market. What do you think the New
York purchaser would be likely to do?
We viii tell you. He would consult
the wheat quotations given at Buenos
Ayres, Argentina. These quotations
would be in the money of that country;
and the New Yorker would say to that
phatom, which the distorted fancy of
discouraged politician has conjured up,
something like this: "Mr. Tniun, down
in your country wheat is quoted at 26
cents bushel. Your money standard
is silver. So that means 26 cents
bushel in silreT. Now it is worth 10
cents bushel to transport wheat from
Argentina to New York. / will take
your wheat at 3G cents bushel, and
while you are unloading, I'll just step
over there to the First National Bank
and buy draft on your Buenos Ayers
bank, which / can get for 80 cents on
the dollar. When you get home you
will receive for your wheat the legal
tender money of your Countrywide
money of your repubIic-good, hard sill
yer. You don't get any gold out of
this Yankee" Now where would the
fellow from Argentina get his tex
pense" money from2 VIII that bright,
particular luminarY of a senator please
tell usY Why, Senator, you ought to
be ashamed of yourself. The ignor-
ance you exhibit respecting the sim.
plest affairs of business is actually in
e1ousa5ie. Did you ever hear of cit.
lien of the Argentine Republic bring
ing shipload of wheat or anything
else to this country You never did
and, in all human probability you never
WHIP But here is the main fact:
When an importer buys anything from
q foreign country, he has got to pay
for 1t in the money current in that
country, not the money of his own
country. The money of the United
States, even the gold coin, is not legal
tender in Argentina any more than in
London. The real fact of the matter
Is this: When a United States mer.
chant buys anything from a silver
standard country, he pays for it in sill
yer and when a merchant in a silver
standard country buys anything in this
country, he pays for it in gold or COLDS
equivalent. So we have the best of it
in either case. Now, dear Senator, do
please try to learn learn a little com.
nonsense. Don't attempt to talk
about things you can't understand.
Tell the people what great man you
are and what consuming regard you
have for your fathers son. Tell them
of your loyalty to silver, and how gal
Aantly and sedulously you held the wa
Ter pitcher while the other fellow did
the talking during the dead lock-"
You comprehend these subjects and
can discourse eloquently on them; but
when you tackle commerce and tariff,
you only humiliate your friends and
ill your enemies with vindictive joy.
We will pay cash for 100000 lbs
wheat and oats.-T. G. Egleston s. Co.