New-York tribune., 1896-08-26

were any ghosts (Appiausej
Whenever we take trip into the realms St '"rSs TSe
safe footing in this world is on The things 9sopc We
what sure foothoid is there anywhere, Has any
nation ever succeeded in what we are asked to IN,
Mexico SUPPORTED by the great empire OF OF, china r
are mightier than Mexico or China, OF. both com
Snr of tS Se wor We R9 sdd c any
mans stature. We cannot fix the price on wnehl;
that once and was worsted in the struggle. We
tried to fix the price Of greenbacks by caing mem
1879 when we promised TO give a dollar and backed
up the promise with hundred millions mil s OF gold ,b,s
counry with 100000 men II IN armF olh sogd MAKE nf sey
thing except human labor.
Either the silver men expect silver under free
coinage to go to par, or they do not If they do,
pend. All human history Is not only against them.
by three cents on a dollar drove all the gold out
OF our SGunry q for sixty M years IN & rs
clear mathematics
We shall then be d silver basis. whatever that
stable or unstable II IT is stable. what improve
IN four pecks than in one bushel? Are lSS ,j-cent
dollars worth any more than 100 lN-cent dollars!
Does dollar get any more valuation by chang
ing 1t into coppers?
WHAT WILL HAPPEN
But suppose the now standard is unstable what
will happen then? Wei. human experience Is ere
10 tell you. All uncertainties are a detrimcn. 10
business For the last nifty years all the struggle
OF business has been toward certainties. Busi-
ness has long ago ceased be gambling. Small
and sure profits often repeated are the foundation
of modern wealth. The Suez Canal. the ocean
cable the swift steamships and the swiftest rail-
roads all harnesscd into this service; whoever
that can have stable currsncy swings on NJ" mo
unstable currency sets himself against the
civilized world and must take the consequences
But say some of these men, suppose We do
swing off from Europe, we join the great silver,
using countries. China and Japan and Mexico ana ana
all the rest. with their 90,0o00t0 nhabtants. why
not give up the European mode and take the trade
OF China and Japan This sounds we'll 1t looks al
the larger because it exists in Imagination. DO
you suppose could get the trade Of these coun-
tries by simply having the same mon y: sucn iaeas
of such stuff dreams are made of: Trade tales
decades nay centuries, for its growth.
But let imagine we could have all that trade
which would come 10 us. see how actual experience
will cause to dwinde the figures of the msgna-
900 Of silver-using people One hundred and
ba sis We could not get them by giving them
gree enbacks How much 90 you suppose ri Inc aF' re-
millions How much do the gold countries take?
Seven hundred and sixty-hve millions only about
thirteen times much Great Britain alone
takes four hundred millions of our products
eight times as much as all the silver countries h IN
the world. We buy of silver countries one hundred
and seventeen millions. of gold countries hVc nun
dred and thirty. Putting these figures ioge.ner;
trade with silver countries is one hundred ara
sixty nine millions. with gold countries one thcu-
sand three hundred millions one to nine. 30 you
for one? Do you want to do anything which Will
even tend to make such an exchange. 'Cres OIL
THAT STAGE PASSED.
All bat we want the prosperity OF Japan and
Mexico Really my friends. passed that stage
OF prosperity long ago. Mexico prospers because
of silver. constant fall Of the dollar and no
rise OF wages. and YOU call that prosperity fo'
the mlddleman it may he and for the manuflct-
nj vol ~l f4T
as wages lowered. so far has silver contributed
TO manufacturers profits. But not even lowered
wages-a thing intoeraOle Tor our peopeeuii ias
started production IN Mexico. what was MeNiSo
| once and what is she now once she was the
land Of revolutisnists. OF fratricidal STRIFE tCrn
asunder on the ambion OF any petly chigi, -ToM, W
under Porfrio Diaz. representing the growing CIVIL
Mot silver and dwindiine wage have revived Mcx-
leo, but Porfro Diaz AID the CIVILIZATION ne rep,
neither Mexico nor any other country VII ever
stead of diminishing. wages We passed noVlco's
prosperity Aorg years ago. and no man In his
sba1I meet the competition Of the cheap labor Of
Oriental countries is problem for the future. Dut
this much We DO know that cutting the dollar IN
two is no solution whatever. and that the perma1
! nent lowering Of wages here by any device VIII
never be tolerated by the people OF America CAP
p'""'' WHAT THE CONTEST IS.
| Remember that this contest to-day is not between
! bmetalsm and monometallism. That subject
| would bear discussion This contest is between
/ silver monometallism. which we have not and gold
monometallism which we have. That subject will
not bear candid discussion. This contest also Is
not between the East and the West. There can he
no such contest our interests are identical. With
their growth comes our growth. We cannot go on
money is there. No misfortune can happen 10 them
that does not happen TO @ Us We here ere naXe run
their prosperity They are al brave and vEor- go,
they are mot chips Of the old block, but the old
block ITSELF Every wise man agrees that be-
yond the Mississippi lies the great wealth Of he
J days In the development OF TINS WtaIn
we all interested, and we in the East are not
the unwise men TO believe that we are not con
Gcerned in the progresss, and future OF ne Wes
cuse, ana 1t will be woe TO those who try 10 iomen
J. them. The West is too vigorous not to find out
found. What the West needs is loanable capital
which viii develop its resources. No part Of this
The undeveloped territory. The South too has
mT H o nTX rs,s are and Dd{ eeoDe down
the II they could be persuaded TO look after
John sherman whose name will be a great name
showed that All the dcmonetzation Of silver there
Jones. OF Nevada. and that free coinage OF silver by
the United States alone viii NOT ana cannot cause
any surcease of our calamities. but. on the con-
trary would be the cause and summit Of further
sorrow. 1t is curious TO see what effect that had
lifted up his voice and said that John Sherman
has told us Of no remedy for our hard times ther"-
no remedy is the only remedy. OF course. he did
,Ssre no HSS as nT any us t6nR Of h osc % ~cdy
proved TO be no remedy becomes cure-al be
cause John Sherman will not invent cure
/ U4aught"TJ
Is it true that when this world is badly off We
have all got 10 BE- in the slough of despond until
some great man inventS remedy? Ave we all 10
plunge into fOoishncss unless some great man hits
+ upon something sure? If The world has got to wait
for that panacea lot me tell YOU that the rcst of
dea IN is q fash of lightning compared with III" rest
We are going TO take. Is there nothing in our idea
that the best sense Is common sense?
GOVERNED BY NATURAL LAWS.
No. no: these things are governed by natural
laws and take their course like the rolling Of The
round earth or the glitter Of the stars. Suppose
II an were c,-ated full grown and set upon a soli-
4 tary earth facing the dawn A. the panorama Of
sunrise the march of the fountain Of Hight across