The sea coast echo. [volume] (Bay Saint Louis, Miss.) 1892-current, 1896-05-09
THE RATIO PRoBLEM.

AHNNANtAp
THE RATIO PROBLEM.
The effect OF monetary conven-
ton fer the purpose of establish
ing a universal ratio and parity
between gold and silver Is beyond
the ken of the most astute and far
seeing statesmen and finaneiers.
They only know that the gathering
OF the financial brains and backing Of
the nations sending representatives
would be OF the highest order, and
that the ultimate result would be a
committee of arbitration upon
whom would deyolve the onerous
ana rather delicate task of pleasing
the greater and wealthier to the de-
trlment of the poorer and necessarily
weaker nations. And as a couse.
quence the congress of financial ar
biters would fall far short OF being
received with open arms by the DOW
ers they were sent to uphold and
benefit. Then, as In the Brussels
conference, the press of the world
would call into question the probity
OF those least benefited and while
sounding for shoals would find deep
water, as the discussion Of uniyer-
sal ratio has been one that has engen-
dered bitter recrimination from the
time gold and silver became a medi-
um OF exchange and has been hoard
ed by the financial element of the
world in the lustful desire OF gain
hoping to WELD power that controls
the destiny of nations.
AS anatural consequence the out
come of all conventions looking to a
common end beneficial to all, would
be dominated and overpowered by
the overwhelming sense of the mag
nitude of the task. And as in other
gatherings of like character would
finally end with no significance be-
You'd the fact that yalu able time
had been lost, much money ruthlessly
Isguandered calling forth colcmns Of
useles7- verbiage and made the sub
ject OF glaring headlines id the
united press of the world.
The remedy for the cure of the
financial evil represented by the fino-
tuating value of gold and silver, lies
not in the calling Of international
conferences for the particular delec-
tation and aggrandizement of phil
antrophic ratio orators, who feel cal.
ed upon to make pllgrimages to the
the uttermost ends of the earth IL
need be, in behalf of poor benign :.
ed public who do not presume to un-
derstand what they are going to dc,
at The exDrnse of purely paternaI
government, but IL outside of nure-
ly political idea 1T is necessary to
nave more thorough understanding
OF the monetary problem would il
not be as well TO have conference of
nations assemble, say in dl,trict
solely metallic where it is a living is
sue like Denver, Colorado, o. any
other state where th. inhabitants
thereof exist through the production
OF metals under discussion.
The representatives Of foreign
powers would no doubt be pleased to
extend their geographical knowledge
of America and while on business in
tent could he pleasure hent, and as
1t is a fruitful theme they would have
ample chances to become conversant
with the modus operandi of extract
ing the metal from the bosom OF
mother earth. The foreign solons Of
India and Cashmere's vale of none
teary lore, would have TO face the
music and could not shrk the issue
on the ground ofimperfct knowledge
Of the inner workings necessary to
profitable production. So then IL the
order goeth forth for more gatherings
of financial acumen The Echo would
suggest the bringing Of them here,
stake them each 10 a copy of Coins
financial School and Horr and Har-
vey's debate, not overlooking other
important teatlses on the question,
plant them in the center of mining
district, and let them whale away at
one another.
II. III. HOLMES.