The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-08-15

NOTES ON THE CAMPAIGN.

treats all parties alike. and is noted for
lis uniform fairness In the discussion Of
public questions 1t ~ unequvocBlly OPP
posed to the free coinage OF silver and
taNors the existing gold standard. hut
does not on that account hesitate 20 ex-
pose the unfair arguments and petty
hyprocrisy Of the gold organs. R>ccnuy
IL exploited the Stiffness OF the Armour
OBJECT Lesson whereupon 1t was taken
TO task by the Baltimore News, which
latter paper said:
1T is very wen to insist upon standing
up straight, but there is such thing
The Washington Post for Instance. winch
advocates tho god standard, yesterday
read the Philadelphia Press a severe lec-
ture for publishing detailed account of
~ object lesson which Mr.. Armour of
mrago - giving his employees by paying
them In Mexican dollars, OF which they
due them. Now, the Post gives us no
REASON TO suppose that the Press is not
perfectly aware that there Is nothing In
THIS proceeding OF Mr. Armours az an ar
rum"nt Perhaps Mr.. Armour is foolish
IN giving this so-callci object lesson and
perhaps he Is not. Everybody II grant
who know the facts. It is worthless But
the very object Of Vt is to famllarze
workinCtncn with the fact that Tho pros
enl market value of the silver iU eil-
Yer dollar is only in the ne'ghborhood OF
% cents.
The great mistake made by the rolr
standard politicians and newspapers is TO
he found IN the fact that they discredit
tho intelligence of the lahorinE classes.
Tho men with whom Armour is dealing
know about as much about politics as ne
does some Of them probably more. But
the Washington Post answers she Baiti-
more paper most cffcciually. when 1t says:
1--WE stll think that Mr.. Armour's object
lesson Was "A silly and stupid cxpedicnt,
FAR more calculated to confirm than to
convert such Of hts employees az might be
inclined TO favor FREQ silver coinage. 1t
was treating them like thoughtless chill
drcn. and n contained. besides. an I'M
ploasant hint Of persecution which may
some day come home to HIM to roos'.
There ~ altogether too much looseness
and haste in the propositions Of rews-
papers and persons who imagine them
selves to be potent and convincing adj
vocntes Of sound money. Take, for exam
pic, this utternnco by the News Itself:
But the very object OF 1t (meanlrg Mr..
Armour alleged argumenO is to familiar
20 worklnrmrn with the fact that the
present market value Of the silver in
silver dollar Is only IN the neighborhood
~ f'' ''iAfTt " ihN - wv ipi'f W tii'Nf ~
should ike to know? VIII the News kind
~ ,ou sac ,.h,, d. 49,, ,,,,,,o. ,.,i,,o -, M
- WI " VIM 2" '''' "'"' nv '"l"c vi ''''
paper that IS In q paper dol,ar7 We are
Informed that the solver dollar Ia intr,n-
si,otlv worth - c,,tts is 4, ma, tho,
7'-''N "'''n 49, VN'tH - ~ MOI '''ii'
n"'''' IMAM th' paper 'oli''r, W,icn
- h''''nS""IY worth hoth.hg AZ all' me
opN'""N f'pN 10 nus Is that inc paper
N"l'"' nus I'M" iN''h "' IN" government
p'l,'"u H. ana ~ therefore Fooh' WEI"
an" h"Sn me SiVer dollar me same
huknt MI ms IL n"' arsum'n'' 1t =
unn'ah'ng gable IN" real question Is
whether Tn" government can go on indef-
iniiely guaranteeing either paper or silver
dollars " hou' Importing iis credit. Tho
silveritcs aud the groenhac<ers think i
ran We think not. And W. believe that
the cause Of sound financial poll y is min
icrcd lnfin toly more than 1t Is promoted
hy tho foolish end transparent 'areu-
mcnts' Of men who do not know what