The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-08-09

q
manufactured ~ sisegg@srs, nor sorre6
~ re ~xa-s1s@ II 4 few les1srs. = ez-ss
e-o-n az rszyr< CT ire hzii. ard Ezs hezrsy
ans a~og0rxe4- After defining ths cam
vafxr sxsszg@ a. between Es@rz1ltca-s CT
CT. sssr ans po,uisztz ard Democrats On
TIE ether -. Bgyssaz1 rstsErs1 70 sna
nssesfax hid fl tns a-z4ory lzst Nedaes-
car nsxAs. ard ~ say % psreatnzsts
xyoxs q Senator S11sys's detection from
ths party as ens q ire most remark 1ns-
saesrrerses ne had ever Known. wren.
ssogsreowsA By ese atmosphere about him.
re senator hze faiien OF or the wr1rg
side @ re fence" This was Ire hr-
<eczsloa for the hoo6Ia1ls IN the hall 20
show their hard. ard a. IL b. prscoacs-fed
ssxnal they sexsn making a great noise
AZ nrst e took the direction o. = cheer
20 SaEsrs. % which. o. course Booosy
objected. 1ur & sogn became 80 boasteTosz
and zrtsnssy that somebody Suggested
that ons y the chief offenders - "a: ost-
'sOh no. Ier him stay s&ii 2Ir. Bariesga.
ssfe-5l learn snEaesafng." hr. BaraeigB esza-
eesea Senator Squire, as he di8 Judge THr-
ne- the right 20 leave the party. osst.
said he. = deny his right . take #ifn
him ~ Office entrusted TO hin 6y the Re
publican Party ] deny his right 20 D.tFss
a trust rsposss II him BY tire neo7.e @
this state. II q friend % nine wishes .
leave town re has q perfest right 70 90.
bat nor 20 take ny horse along WIN iiiTl,.
Then the cheers which fairly s1J7G fne
agil3lnz showed pretty clearly max ne
free silver raea had not succeeded IN pre-
ssuptiuz al TIE space.
Going a; oaes inf0 TIE merits o. ne
question Mr. Turieigh Observes faat ne
great halYasn q the free silver men "a ne
f,r.-rars eauaagzr - the cry that the
sss-rine o. fg-g' has deprived silver OF Is
rights and driven u out- Let Us see.
he eorflnuaa. ''xha- is IRE basis FOR such
a charge. This government was FORMED
and pat into operation - l1ss- TIE nrst
coinage Avs &eTe Passed N fsX fnsy
provided fhat gold and silver should %
she money OF tais country az the ratio OF
e Parts u silver 70 OF gold. That ratio
vas eSfsD.lshea after thorough exami-
nation. AMI a. fhat time represented the
relative n1arks. values OF the two metals
= continued IN force til 1874. when u was
souud that gold. having become more val
Qaale. did nor circulate being controlled
~ that law OF finance which says thai
when you have in circulation two metals
81 varying vaIues. the cheaper money vii
always drive out The better. SO IN ia
congress passed Jaw fixing the ratio AZ
IS paris Of silver 20 ! Of gold. THIS -
the ls 10 / ratio. 20 called hecause the
exact figures Is IS wouldn't represent any
thfng 10 the average silver1te. who IS llAe
from pictures. But gold again ceased %
circulate. ard in iS54 congress reduced the
value. rot OF the silver dollar. out OF me
smaller silver coins. providing that the
aaif-doiIar should contain ls2 grams,
whereas the standard dollar contained
Slziz grains. a. the same time maKlns TIE
smaller currency legal tender only an sums
not exceeding s. Under this Law the
smaller silver currency vas the change or
the country ustil greenoscks drove poln
gold and silver ont Of circulation.
Tire rhine Of "a
Nov. IN 1879. when the silver dollar was
cat OF circulation. and the gold one, too,
for that matter. congress took up the mat
ter and perpetrated what our friends the
ailverltss call a crime. The law OF lssS was
pending for nearly three -ears before II
was finally enacted February u. 1873. 50
little did the people OF that day think OF
the standard silver dollar that II was not
even mentioned in the bill. nor In the
discussions and debates which attended IL
for nearly three years. The bin provided
for the coinage Of dollars containing 40
grains. the same halves. quarters and
dimes being continued as under the law
OF 1853. When that law was passed. hav-
Ing been under discussion for nearly three
years. Senator Stewart. OF Nevada. now
the patFlarchal father Of the tree silver
movement. not only voted for its passage.
but said: by this process we shall come
to a specie basis. and Ehen the laboring
man receives dollar Il viii have the pur-
chasing power Of a dollar. and he VIII
not be called on 10 do what Il Is impos-
slble FOR him to do. viz: Figure up the ex-
changes. the fluctuations In values. the
gambling operations In New York; but nc
viii know what Il Is worth. Gold IS the
universal standard OF the world. Every
body knews what a gold dollar is worth
This statement Is as true today as II vas
when Senator Stewart made It in his place
In the senate back in the '50s.
For a time silver WAS al premium
over gold. and dia not circulate. But ow-
Ing 70 the great productiveness Of the
Rocky mountain mines II began 70 depre-
clate. ard In short time the silver dollar
Vas worth less than the gold. From that
m5ment the men who hal been supporting
Imitation and greenhackisn began 20 urge
fsa restoration 10 the currency. SO strong
al this demand become that congress BY
she Bland act sought 70 bring Il back. In
Issa silver continuing 10 fan instead or
T3ninE. congress passed another act. pre-
gH4grg for the coming OF zoe ounces
each nsnth. This was The law till 1893.
when fae county was threatened with
panic Bat the law was repealed. and the
gsnlc aysFtcd.'
tIoodlums Break Out.
AZ this point tho Interruptions became
- snfearabls that John Wiley rose IN the
audience and protested against them. ask
inr thnt Mr Burieigh be given fair hear
ine. Whether the speaker looked upon
Wiley IS speaking On good faith or not, he
ald not seem 20 relish the request as COM
inr from him. and said:
''Nv friend Wiley insercedes for me.
am much obliged 20 him. but I don't need
hts lnfercession. am az home with Sc
attic audience and will get along all
right"
Alr. BurleIsh then continued his histori-
cal sketch of silver legislation. showing
that az, 10 1850 the total silver production
~ The United States had amounted 10 hut
g $3.50. rnsch % the siiges coined coming
from abroad. thar az that ;lme only S&3
60 ea had ncen coined. add up 20 is9
aniy StF.e1o go. Of which only about S,se-
0ga WAS ia standard silver dollars whereas
ssa eoaaao On sold had been coined. that
within the live years following the crime
az iS7s'' ST. sna 0o5 silver dollars were coin
ea. xet the Republican party Is charged
wtth striking down silver ss the money Of
the country. that since iSs2 there have
hrtu coined SIS Ha10a In silver. yet the
Republicans are arraiEned for driving cut
silver th1t there are now IA the treas
uvy three umee as many silver dollars as
fhe people ct tre country wifi receive or
use. Notwithstanding special induce
mcufs offered hy the government to pat
q into circulation. that IN iS73
Tho f0tal awoant OF silver ln Circulation
tu tae world 0as 81. Ssf osa az while TWEEN
tv-one years later &c was s.. Hsa efsa ~. 60
tS.1 the to-Hl amaart 80 roll Was N@n.-
an fe ana i0 TNH ou'v sass As4 aso. thas
silver had tatts hsJ fai~ -hlnct. see ha4
steadily deeiica3 feem 81 81 an ouncr % IS
CENTS. that .u be rat ~ This history ;ha
rs. Fret 4r5tr r