The herald., 1896-10-11
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TO THE EDITOR
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(The Herald under this heading prints
communications. but does not assume re-
sponsibility for the sentiments expressed.
munieations received lately BY The Herald
on the currency and other political ques.
tons correspondenss WI unoerS,ano ho. tha, tinn
of their letters. Correspondents are re-
9uested to cultivate brevity as far az is
consistent with the proper expression OF
their views.)
BUTTERWORTHV " BUTTERWORTH
Editor Herald: Desiring to get all the
light possible on the silver question, l
went with several other silver advocates
to hear the noted Ben ButterWorth try
to explain his very remarkable change
of sentiment in regard to the silver
question last night, and while there was
highly gratified to hear him say that
he agreed with everything he had said
in his letter to Senator Teller, but out
side Of this statement he touched but
very lightly on the silver question at all.
and for long time it seemed that he
would say nothing in regard to 1t, but
when he at last reached it he made
some statements that were at variance
with that selfsame letter, and attrib-
uted all our woes today to the change In
the tariff laws, when only last April he
attributed them to the decentralization Of
silver. The statements that are particu
as follows:
First-"Things are dearest to men
who have nothing to buy with"
Second-"Every man should have
money to buy with"
Third-"We must have money to buy
with before we can start the wheels
going"
Fourth-"Our widest prosperity was
when we had 81 less per capita"
Fifth-"Congress has the right to de-
clare dollar worth a dollar If 1t is only
worth rs cents"
Sixth-"The law cannot make any
thing worth more than the market
value"
Seventh-"How could we be helped by
making 50 cents worth Of metal worth
100 cents?"
Eighth-"suppose the Rocky noun
.tains should turn into gold, what would
gold be worth then?"
In regard to the first, second and
third points mentioned, every other bi-
me+anlist will indorse what he says.
AM 1t Is for this reason that we all
ia ."r the unlimited coinage of silver at
j to L, as provided by the constitution
Ard laws of our country previous to
1878; but we firmly believe that the
way to get this money into circulation
) to coin more, and that times cannot
he made prosperous by opening the
mills of the country, as Mr.. Mckinley
often said, until the farmer and work.
ingman Is getting more money to buy
products with and can get higher
prices for his products than he does now
TO make and get prosperity the farmer
should be the first man to be considered.
and the manufacturer afterwards.
His fourth statement Is direct mis-
representation, and IL he Is as well
posted as he ought to be he would make
no such claims. Our most prosperous
times were after the war. in 1865 and
1866, and according to Hugh McCulloch,
then secretary of the treasury, we had
q total of 81 1894, ,794, 900, with population
Of 34,74B, 900 people and a per capita of
354.52, and Senator John A. Logan prac-
t.cally endorsed this statement as cor
rect in one of his speeches in congress
in 1874, but according to Secretary Car
isles report, on which Mr.. Butter
worth apparently based his arguments.
we only had $20.57 per capita at this
time, but this is absolutely unreliable,
because he fails to count In 1890, 000, 900
worth of seven and thirty notes. which
were circulating as money constantly,
and numerous other items; while ac-
cordipg to the last report of Secretary
Carlisle. Aug !. 1895. there is only 81