The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-10-22


tres Ies n Bsigiua. Ia Iss2 There were
representatives from al ne leading Euro
p-9zn countries - Attendance. The sent&-
sseut was generally Favorable 70 the re-
, rnoaetEza Ton Of silver. asE sae feeling a
Germany. Austria and France was favor
abe, a-N Spain was ready TO follow tas
lead OF sas ether countries. What took
place then? The Belgian monetary con-
ference. which was convened a. the re-
quest of this country, after a great deal
OF informant ion as 10 money had been
brought cat and the views OF the several
countries had been obtained. adjourned 20
meet n the following spring. Then the
people OF the United States elected a man
who Is strong xnono-ne.allist, and the
Berlin conference never rocoaveued. sl-
though * was the duty OF the United
states. as the cater Of the conference. TO
sec that IL met again.
Tine Republican party is fully In SYM
PATTY with hs-Faet&.isna. and having the
sympathy OF tise people Of the country
and the confidence Of the nations OF Eu-
rope. can do something for b!-metailisrn.
The advanced thought OF Europe 10 in
faFor OF bi-ueta.Aszn. but no country
alone can 90 anything In It's favor in
AIDED and alone. IL the United States
was 70 try 20 adopt bl-netaiIie stand
ard alone Il would hurt the cause of b.
Tnetailsm In Europe. / have IN nay library
an essay by Bossivsni. Belgian, which
took the prize ag q flaaHcia. article in 4
competition where there were many able
competitors. Ard he. too. takes the
ground that II would re:ara the cause OF
Si-netallism for the United States TO be-
gin the free coinage of silver.
Wild PopuIiss Doctrines.
Some OF the Popullstic doctrines as TO
money are most Wild and chimericai l
understand. for instance. that one Of the
candidates on the fusion ticket favors the
Issuing Of paper money against the
precious metals that are still deep In the
bowels Of your mountain ranges. Great
applause)
THE stamp or fat Of the government
IL not sufficient to give a value TO cur
reHey. Two hundred years ago England
. had "a dreadful hard time owing to the
fact that ITS coins were clipped. They
clipped the coins down until one shilling
was said 10 be two shI..ags. The cur
rc5cy OF the country was in a fearfully
eebased condition. and the people suffered
more by reason OF this than they id In
all the wars for a hundred years previous.
The Popuhsts wish Us to repeat this mis-
take OF 200 years ago, and TO have us de-
clare that SO cents Is worth 81. CHEERS
and appiauseD Finally, the trouble be-
came so grea, in England 200 years ago
that a commission was appointed and
do vas 10 call In al the clipped coins at
par and issue new and full weight coins
In their stead This WAS done. and IL cos,
the government Gi2 90 coo TO do IL.
The Populists In iss2 put a plank in
their platform to repeal the law taxing the
notes issued by state banks 10 per cent.
They evidently wish to repeat the panic
OF 1857, when the country had a sad expe-
rience with the notes issued by the state
banks Of the country. II was difficult for
a business man to tell what banks were
good and which were bad. Much OF the
paper issued by these banks was utterly
worthless. This was specially the case
with the issue OF the Indiana banks There
Is story that illustrates this fact. A cap
tain of steamboat brought his steamer
M TO a landing where there was some
oordwood piled up. and ne asked Of the
owner Of the wood: What will you charge
for that wood
what Kind OF money have you got?
asked the wood merchant.
Indiana state bank notes. was the
reply Of the captain.
We'll. IL shal's the case Til want cord
for cord Cereal applause)
Labor the Only Creator.
''Snce God placed the flaming sword
across the gate % the garden OF Eden and
Inflicted the primal curse on man. tHs-v
has been no way 10 create values except
by The sweat OF the brow. You can't make
money oat OF paper unless II can be readily
redeemed in coin.
The 1rst hank IN Denmark was insti-
( tuted with the king as one OF the directors
/ They tried 20 bolster up the bank by issu-
/ Ing paper money. and ny legislative enact
I ments. IL VAS 4 failure. because they
/ conlf not pay their outstanding obligations
I sn coin. and the hank finally went into
/ liquidation. and when It's affairs were ANAL
~ wound up lis Obligations realized only
I cents on the dollar.
Charles MI. 81 Sweden carried on a
/ long war ana finally became short OF
FUNDS oy reason OF these wars. He called
! 10 his assistance 10 aid him in raising
/ funds Baron GER, a German. who was
/ considered an eminent finsneier. and by his
/ advice notes were issued bat as he had
/ nothing 10 redeem them with they raplalv
/ deprecated il value ani injured the credit
/ or the country"
4 Question Answered
~ this point Ne's Moe arcsc. intcrrtsx<
; 81 fae speaker. and sad: what authors-
I ~ have yoa - say Eat they were not IS
: that Charles Mi. iSsue89'
"fou may call them notes or assign
/ i'leat<. or bills. or whatever YOU Ike hut
they we're notes issued by the Swedish
/ severn E1s~rt." rcplie~i Mr. fiangea
Long ana 'oud applause followed Mr..
( Hangers reply,
As a close student o. the history q.
( Sweden. / dsny that xssch notes were is
/ sued ~ Charles XII" replied Mo-
I CRIES ~ sit Gown' we're heard from, all
/ parts - tee house, and The scene became
I quito dfaFnatic.
"faa Nwnt nv authority. yoa look on
ere tast naEe Of Fo'ts'res History @.
+ Nbafie@ MI. ana ySsg Wi.l ana Z there.
/ nv frtena." sal Ar Wauwea.
The crowd caeefed and arplauset n.
( SPEAKER reply - vEorosly that x was
I FUZZY minute hefoTe te was ab4e 80 rro-
/ cced Continuing. the speaker sasi.
THE result vas thas ne council held a
I raec.fre ana i1lresche& Baron tslerx. and
tAcy hsarTa Agm for being a pepnAs,."
\, tAs sally fae audience vented It's en-
: thuE aee1 by Sts~fn ~ applause that
naas' nass been heard several blocks
a~sv. SRI Nj Aloe dl1n't have a worst
( NOR te SAY
~ ESQ., H was enly few Years ago ma,
! ths AFsenf.7s roraaIc sried - bolster NJ
! tHe crrit af rs pSper money By pie1xing
. fae laad - .'.n <ouHtry t9r secarstv. bot
{ ire attrar1 Has s f&t.ure. As I sad he-
fore. t6e cas sar5 paper massey = "a;
/ vhieA = f' 1sst.e -r1rsrsf .AfsiN n "a. n.
I Nou sa3 p7 'H7~e gaoasv. tuf Rs wAn.
. good saoHet rt-e is as .s~ g., ea..1-,,
E fA-ltN2 esfT 'e nst'.r - politics. euf
vs are soins $3.50 ear e. p'l}ssf friends
I a ~ tseF govsrnsaeaf tAan thay cev,d vsva
themselves tAoaE se.zsse4
q So aet ate@EsEn Faa motives - -
a'a@a..*tS tssf II fny assn iAey are wo~-
fg4v uf-~Se@, ssaesFRf I sn 80 ean-
H-frtt0as ~ kAss ausettaa M e.7ffst~x = a
4 am ln sac waasEeT 80 re -sa II -
eoantry ser -. :. rs eev "a. .ts ,lgixeas
s~Err VIA h. far &hs sskr- reason =
s@e r.slEt-y gr0ssssgss ] rr3sgsr wltA ~
aat thesssc-e z certainly sr 81, So =