The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-08-15
BOTH GREAT GOLD BUGS.
What Senators stewart and Jones Said
since 1873.
Los Angeles Times,

Los Angeles Times.
Many brain Is still added with the con-
epiracy nonsense. No one Will accuse SEN
ators Jones and Stewart Of having been In
Il. Any one who knows the composition
OF a mining constituency knows they have
good reason for changing their opinions,
The following is not quoted to show IN
consistency-which Is a poor argument at
best-nue only TO show that one may think
the money of the world quite safe to- tie
to, and that the richest OF the nations cal
afford to have as good money as any OF
them without being the slave 81 Lombard
street. In the Congressional Globe or 1874,
IN the debate on the currency bill, page
ASH, we read the following from Senator
Jones OF Nevada:
II am opposed to any proposition, come
In whatever form IL may, that attempts TO
override what God Himself has made for
money; that attempts to make money
commodity or make commodities money.
/ believe there is a vast difference between
the functions of the two and that every
departure from this plain truth will pun
ish the country that so departs De-
lseve the sooner we come down 10
Thoroughly gold standard the better 1t
will be for the country; / believe
that when we DO so come down we shall
have entered upon All era OF prosperity
which will be unbroksn for century.
Speaking further on the same bill. he
says, page us of the appendix TO the Con-
gressionai Globe for 1874.
Does this congress mean now to leave
entirely out of view and discard forever a
standard of value? Did any country ever
accumulate wealth. achieve greatness or
attain high civilization without such a
standard And what hut gold can be thar
standard? What other thing on earth pos
sesses the requisite qualities? Its value is
represented by the average amount of
labor required TO produce 1t. Its scarcity
gives a small quantity OF IL great value.
so IL is easily transported from place to
place. Gold is the articulation
of commerce. 1t is the most potent agent
of civilization. 1t Is gold that has lifted
the nations from harbarism. Il has done
more 10 organize society, TO promote In
dustry and insure its rewards, TO inspire
progress, 10 encourage science and the
arts than gunpowder, steam or electricity
THE use of gold had its origin in the
necessities of mankind. So exact a meas
ure is 1t OF human effort that when IL Is
exclusively used as money 1t teaches tho
very habit of honesty. IL neither deals in
nor tolerates false pretenses. II cannot
lie. II keeps its promises TO rich and poor
alike. The value OF gold Is not
affected by the stamp OF the government.
That Is merely final and reliable evidence
or its weight and fineness.
You must have something with the at
tribute OF extension when you measure
extension. To measure weight you must
have something OF specific gravity. To
measure value you must have something
OF value, something that requires labor TO
produce II. Gold has that requisite. The
stamp on a gold dollar says IN effect:
This government pledges its
honor that this coin is nine-tenths fine
and contains as tass7l grains In weight.
The government stamp on every piece OF
coin is certificate TO mankind that the
bearer has rendered service unto society
which is measured by that piece OF metal.
and that he IS entitled 20 an equivalent
service from society In return. Such q
draft has never been dlshonored.'
On page 4e9T OF the Congressional Globe
(same debafe) Senator Stewart says:
'slr, the laborlng man and the producer
- entitled 10 have his product and his La
Dor measured by the same standard OF the
world that measures your national debt.
Give him such a standard, give
him money as you require from him. You
require X from thu producer. You require
from the 1ahorinr man gold TO pay the
interest on your national debt. which Is
right which cannot he avoided IL you
mean 20 save national homer: but then
give him the same money with which 10
pav that debt"
on page 4eoa (ssme dehate) he saws:
There have been many battles fought
against gold, but gold has wo- every time
Gold has never compromised.
Gols has made the world respect Il all
the time. The English people once
thought that they could get along without
gold fer while. but they had 20 come
back % H. We ala not depart from u on
purpose 20 disgrace gold. but we attempts
ed expeaients at the time Of the war be-
caase We thought we had not enough god
IN the country 20 ger along with. though
probably we had"
On page Asst:
Il don't care how much ycu discuss IL
or how many resolutions you pass, they
done make any difference: you must come
70 the same concta~on that eli ether peo-
PIE have. that gold IL recognized as the
universal standard Of vslue. II Is the
measure that must be USED II ia the
measure ~ which your wealth must -
tasted. Whether /. he pennies or millions
matters not. n ts .he measure that must
sass al wealth. The wealth Of the United
states - tested by the same rule II hss
been ara always VIII se the touchstone Of
measurement, ara when you depart from
fAss ar.S try 20 figure es&t another measure
re wo-ss Gee. ret recognizes, you &c, into
confusion Attempting 20 reconcile them
"a de to tax ssoat-"
"a tress sr~~rhAs TIRE money az The
weird - always referred 70 as the star-
cara. ard silver - Dot mentioned. II -
rlsfra that tA~ senators knew that silver
vas rot a standard in the United States
Trey centxin mere seaee sboas finance,
admirably pat. than Nsssrs- Jones and
ss~~srs hsv. vcschsas.1 20 IN. country
Ger tweaty wears. Their speeches woad
rake . good schoa1 beck. Sane % fha
messages ssesss he~srsea sSaff-ssssss frx,,s.s.-