Idaho County free press. [volume] (Grangeville, Idaho Territory) 1886-current, 1896-04-03
the water. They may try the remedy
recommended by the advocates of free
coinage In all the political parties.
THE PRIME CAUSE

| >AAS "oeeh' 4uSy may tTy the remedy
recommended by the advocates of free
coinage In all the political parties.
THE PRIME CAUSE.
We assert and believe We can prove
that the decentralization of silver Is the
| prime and potent cause of most of the
| evils which we have suffered.
He then went on to show the steps
| that lead up to the decentralization OF
| silver. and the signal defeat met by the
| bondholders of Europe at the monetary
| conference of 1867 when they sought
| openly and boldly to cause the govern
| ments of Europe to adopt their criminal
scheme He then quoted from promin-
ent statesmen and economists of that
day who then gave their reasons for OPP
posing so strongly the characterization
of silver. contending that such an act
could not but result In widespread ruin
and disaster to the world. He also read
a letter written by Ernest Seyd. writ
ten in 1871. In which he sought to call
the attention of the world to the con-
spiracy set on foot by the bondholders
of Europe to strike down half of the
money and in which letter he pointed
out not only the disastrous result that
would follow such course, but the
specious arguments that would be pre-
sented by the fund holding classes in
favor of continuing gold monometal-
lism, and also the false and irrelevant
reasons that would be assigned from
time to time for the world wide dis
tress prevalent when the defects of de-
monetization began to be felt.
Mr.. Jones then exhibited n series of
charts. enlarged from the report Of the
BRUSSELS conference, show ing that the
fall OF all products had been side by
side with the fall of silver since 1871
He graphically illustrated the fact thai
the universal ruin which now over
whelms every gold standard country
is the result of the appreciation of gold
He dwet at some length on the differ
ence between the condition OF the pro-
Queer in Mexico and other silver stand
ard countries ard those in gold stand
ard countries. He showed that the Mex
lean agriculturist received 81 per bush
Ell for his wheat, IS cents for his cotton
ana pro rata for every other product of
the farm; that he only paid the same
treight the same passenger rate. the
same hotel bills, the same taxes or any
other hxed charge that the farmers in
gold standard countries pay.
The speaker then devoted himself to
the utter hopelessness of securing in
ternational agreement, and the abso-
lutte ability of the United States to re-
store silver to parity with gold with
out any assistance whatever He
showed that the trains of the United
States did more than one-half as much
business. measured in dollars, than the
balance OF the world; and, mea sured by
the extent to which this country used
money, we are more than one-third of
the earth. THE annual tonnage of the
railroads of the United States" said
the speaker, SIS more than so millions of
tons more than that of the railroads of
all the rest of the world combined, add
ed to the total tonnage of all ocean,
lake and river traffic of the whole of the
world. including the United States"
In concluding he appealed to the pa
triotic sentiment of all to regard the
tight for silver as a matter of personal
concern and one that overshadowed all
other political questions of situations.