The silver messenger. (Challis, Idaho) 1890-1912, 1896-06-09

/ w AAAibSo w bcblh 0OOub lOs l. hClG
are two other members of the
Cabinet-Hoke Smith, of Geor-
gia, and Herbert, of Alabama
who, like Carlisle, had made
their voices heard for nearly a
lifetime in demanding the res
toration of silver and in den
ouncing the great conspiracy
that struck it down; and, strange
to say, when these two men en-
tered Cleveland's Cabinet, they
underwent change of heart,
and, like Carlisle, they avoid
talking about it. When Saul, of
Tarsus, saw great light and
changed his views he was anx-
ious to tell all the world about
it; but these three statesmen
seem to be ashamed to discuss
the manner of their conversion.
Why did not Carlisle throw a
little light on this subject n \"
Carlisle should have explain
ed why it was that for two hun
dred years gold and silver held
the market ratio of about 154 to
1. The ratio fixed by was Is to
/ in some countries, 15t to 1 in
others, and, for a while, 16 to 1
in our country. In other words,
the market ratio, as shown by
the tables, remained practically
the same as the statutory ratio
during all that time. If the two
metals cannot stand together,
how does it happen that they did
so without serious fuctuation for
two hundred years, notwithstand-
ing the fact that the annual pro-
duction of each metal varied
greatly from time to time.
eff only one of the metals can
be standard and measure of
the value of things, and if com
bined standard of both gold and
silver is as impossible as it is to
have two yard sticks of different
lengths, why was it that some OF
the greatest financiers of the
world, and particularly Baron
Rothschilds, stated in 1869 that
it was the sum of the two metals
taken together which formed the
measure of the value of things
mo matter which metal might
for time predominant, never
theless the sum of the two taken
together was the measure of the
value Of all property. Ii the
same countries had stricken
down gold by law and destroyed
it for monetary uses and made
silver the sole standard, would
not silver have gone up and the
purchasing power of gold gone
down ?
cit is fundamental law, rec
ognized by all gold standard fin
anciers, except recent converts,
that when the volume of money
in the world is reduced, the sell
ing price of all property and
commodities goes down cores
pondingly. Therefore, the WHIP
ing out by law of nearly half the
money of the world had to re-
duce the selling price of com
modities proportionately. And,
} inasmuch as the debts were not
| reduced, as interest was not re-
duced and as taxes were not re-
duced, does not Mr.. Carlisle.
even now, just as he did in 1873,
} know a great crime was commit.
: ed against the entire debtor class
by bringing about condition OF
affairs by law which compelled
the debtor, the producer and the
) laborer to sell twice as much
property or labor as were form
erly necessary to get the same
t amount of money
"a year ago, Mr.. Cleveland
sent for his former law partner
and close friend, and, through
, him, Cleveland and Carlisle to,
4 gether made a secret contract
! with another friend, who was q
former client of Cleveland, by
which that friend and his associ.
otto c,annlofN,.e x.,o.o o~ol11l l.