The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-08-22
FOR HONEST FINANCE
Two Hundred Business Men
Join Sound Money Club
GREAT sPeEc4 BY JUDGE BURKE
Danger % Free silver shown by Eng
Isnd's Disastrous Experiment
The Cubs Oncers.

=
rsex Eat ira Eou-z Lczey Cub viii &C.
ssvv : raeses zasz : Eance a. me Es-
~ REPRESENTATIVE business -1eE 81 Ills
CRY $50 xsxae1 the -z@zzpsrs1z7 -oA al
Ire sa-zza1 0rgznEzsskoz = t1e cA25 AZ =.
Cazzzser q Commerce Zzst Night an
IA. rogrrs "a me Seattle Na<1nzz22 bark
Ezz1s-z rhze have he~ete<5re hsn z1x-
seas and ezr1-@e gatherings. rsFsr II their
HISTORY coa1zzre1 a cr0~1 r11-s ssr1ss-
rEzy eazf q Issz -z@1t- When lrreEp@ct-
fws q pofz1-x IRE leading Ezs- e Sat
IT, drawn together 70 express sent
rrsnsx ART s1b@crlT@ r. cssz 20 ex1ergeE-
q. GRAINED tas ssa11 Monsv Tsuh- A.
osclosk every CHAIR ard sea-. Efn1ow sll
ard e4a@r cctgn q vantage waH coc1-
50 ~ ard every srcs Of staining room
covered Bfth rez<cz1rz humanity "a which
party s4n@s were ohzr.rzzs1 ard Tos grand
sen.szsrr. fzzf zzs maze 5ezrt2e great,
was r4rsz EXPRESSION by 4 course or co--
vsneIng argument. IN wh1rh The roEt@n
q r<sc CT rOtten money WIS torn % tai
tsrs.
James Goldsmith announced that the
Signatures wkAra were obtsiasa iz3d
waseh have been publishes gEeEz tine %
tine s. fne Pos--Tn-ezllg eDcsr1 we're for
the orgzn1zzslcr CO the club. 74s1 tsat t1s
infentions % ire meeting czIIes. for last
night were the signing Of the co-s LsTEitson
and EyfzEz oe re club. the s5egti0n Of
offers ard the perfectfng u re organ
szsTloa. Prior % any s1cA sseps. how
ever, Mr. Goldsmith stated Hon. Thomas
Burke would address TIE meeting and
after introducing that gentleman gave
way and Judge Burke was received wit1
applause.
Gold Approved by the Ages
TIE speaker said that re had n7t pre-
pared an address and conSee uentiy would
give cnly an informal talk On the subject
u god Ss q mOnsg. lis first 8nzs nation
% whzt was expected of ki71 Tzs TIE an
ro2nCexnens L. the Post-Inte4llgs1cer
which be read n t1e morning. whsen stat
e. that re would deliver al address b
whatever name Judge Burke wss dis
posed 70 cal RS effort OF last evening did
not matter. but the immense aEdseEc7
hE1g O. every word with eiosesz atSel-
ton. only ln1srrUrrsHg the speaker by the
applause thai the speech occasionally de-
nzS81s1. Tsere Was 10 vivid wora-Pztnr-
ing szch as Judge Burke IL capable Of.
but 4ogical. convincing argument on the
Money issues of the present campaign. IN
which me world history. from the saril-
est epoca Of commerce down 70 the pres
enf was traced Ia the facts represented
Hhsre exchange ard barter demanded
medium representing value
Ia the earlier part Of his address Judge
Burke repeated question that he said
a prominent ulsrchsn; OF this city had
asked aim. Is there gold enough n the
world 10 carry o. the world : operations -
ard the remainder Of the address xas
given ~ 70 answering that question.
There wll always be god enough for
the exchange OF the world, said Judge
Burke. He then asked mis- listeners. IS
business men, what would Dc their interest
In a new scheme that might oe called 10
their attention for investment. u the
matter were one that had been tried Il
would demand Investigation. but 4 4 were
a proposition that had never been tried
that bore ifnpractieAbillty on It's face. Il
would oe quickly put 10 one side Ia Tar
taer answer 10 the original question, the
speaker said he would briefly review what
the world had done.
Engiand's Disastrous Experiment
lie then hurrisdiy sketehe9 the disastrous
history % England's attempt 70 carry on
lis financial operations after the sESoen-
sion o. specie and the issle q paper money.
the hardship and desf!tgslon that followed
the outflow OF gold TO France during the
Naposeonic wars from l7s7 10 ls-5. he s5Ee-
MUM on the metal that followed us dis
use ana the subsequent Investigations OF
parliament in 1910. The punts1m2at FOR
exporting gold and its steady fow despite
restrictions 10 continental Europe The
| commission Of bankers and inanciers Of
| the Bank Of England and the learned opin-
| ion thai the balance Of trade being against
| England. hardship RaS the result. History
| revealed the same DEBATES IN parliament
| that are now aTgumeuts IN favor of silTer
| today and the poverty and dsstitGflon IN
| England continued. The chancellor u the
| exehequer said that there vas not enough
| gold ard issued paper and inflated tA@ cur
| renry stiu more. The result OF the eeoa; e
| vas that the report Of the committee Was
| voted dawn 81 10 =. and parliament SAID
| that notes we're quite IS good as gold. All
1 this time the oatfiow % gold went on IN
/ lntsrrupfcd9y ard tire condition Of me
reorie beams worse. Famine susuei. iE-
| gnrrectl0u followed. md In some parts OF
| England riot and lncipieat civil var ran
| rawosnt In 1879 parliament again took
/ gp me matter OF currency and declared tIa
4 England should he commercially inde2sad-
| snt. condition impossible 70 mania a as
! commerce depended on foreign rela ions.
/ Then the comm ssIcn came hack with Peel
! AZ SIS head. an5 said that there was one
| thfng 10 do: England must go back % a
| gold standard Ola members wao RAG &C.
/ hated for pauer acknowledged tnat iaey
! baa erred IN }adTnant, an3 god was re-
| established Thea the god poured back
/ into ths vaults az England from every
/ quarter of the giooe. ard tooay hngland
| is commercially supreme. There ts no
| city on earth Nhsre the EaSitsh gllnea
Is rot worth SIS fur value. and sha- IS ths
/ pos.sioa the American people must make
FOR the American eagle sad Judge Burke,
while a storm az applause greeted ne
! loyal sentiment
/ The CON seree - EnEfar6 has been BAH.
! an or the basis OF England's gold stand
! ara waE 3 feature 81 the address. ana the
1 fa-sara q American commerce and Snl12lr
/ NEST depend ca the standard adopted
I .tgVHh tbs gates - the Orient open#n :
/ ID MS" sats re. "the eagle uust - made
/ a. aooa "a Nakohsna. Ia Shanghai. ia
I Alexandra. as 81 IS in New Xork-" Amer
/ seau history was thea reviewed ard tne
periods af depression. panic and hardship
/ nare exhibited a. following uroa the heels
! ef Rsars when the greatest amounts ~
/ currency have been ia circulation. ARD
/ business has been greatest There Is 4
/ ,snarserals "a ehb ana now "a - the toe.
/ ~aH the speaker. -ari the present aAfd
I rlrres ara aue only 20 our can ex}rtTs-
I zNn-e
4 The superiority - god ls sckros 2esiEs (!
/ nv silver a6hsrerts ~hea r8ey ask f0~ a
I rs-sa % IS - = sncw1uE th4s god "a six
/ fesa utaez better thar silver &o1ey bars
/ ~ relation 20 ese Nalae q property ard
/ No nation ~ history has ever been aa.s
/ 20 carry two money meats.
/ Tes aszvezs. Hhlca vas erthus, ash Fly
| zrngausad waste lasting not fo exceed
| thsrfy inmates vas a minute eeitoa1lz1ng
/ - ira subject % Eoa1 wnSf- ne tAre@
! hsass-e~TSe amount e Ko.d IN me wofl4
wng always be snasciens 20 pertoru the
! exchange q re acTt1.f Every rs tao1
/ ur Rave al ,be so5t is nee1s for use"
( as Better ara worse currency csflzot
I circulate seEntaaT 81 ths same co1rfry
tao worse w. drive oas tae berfer