The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-09-16
HARD MONEY Fon HARD HANDS.

II HtD hO$ Ef FOX ARD ia n.
What Is now called the d@monetiz4 ton
OF silver took place 70 1873. and IN lsss The
advocates OF tree silver are pointing TO
the legislation Of the beginning OF the cen
t1Sry In support OF the visw that the value
~ silver Was determined By law. II. TO
refnts this. passages from Jefferson or
Hamilton are cited. they are said 10 be
only incidental and no: IN harmony VITA
the entire policy Of the early statesmen Of
the country
The views taken by later authorities
hen the policy had been adopted and It's
consequences had become known. and BE-
fore the crime" had been contaminated
have, however a value waIch cannot be
tetracted from By such skapt!cism. The
year 1894 forms an admirable point from
which 10 look both backward and forward
l. was long enough after the adoption OF
the United States monetary system 10 ea-
a5ie Judgment to be passed upon II. con
sequences and II IL far enough back O..
IS15 10 Re free from the suspicion that
tao motives which prompted the law OF
ik73 were aciuatlng the legislatures Of the
time Ia question. The bsst history OF that
tius is 10 be found IN the "reminiscences
Of Senator Henton. and although ais ;utg-
meat 10 subject TO tire weaknesses Of hu-
man nsturs and the impeFfsetious OF hu-
man knowledge. his statements OF facts
and his narrative. OF events are usually
beyond question.
-.
from being prosperous this nation vas IN
der an uustA5l. currency and VIA what
re3olcing iae p@cps returned 10 tie use
or gold
!, VIII be remembered tina, n. frst at
tempt made TO secure ratio consistent
with the commercial ratio had not been
a success Mr. Benton in a speech Ia con-
gress in ,hs year 1894. made MS aoknoxl-
stgmsnss 70 TIRE grea, apostle Q. Ameri-
can liberty tMr JeTerson) for the use
practical Idea that the value OF go,4 was
commercial question "a ~ settled by It's
value Ia other countries" He had. he
s&id. seea that remark Ia the works OF
iaat grea' man snt treasured It up az
teaching The plain snt ready way 70 &C
campl!sh an apparently a.f1eag object.
aad Re fully eoHcurred STA Senator Cal
honn, Of South Carolina, that xo.s n tire
United states ought 20 % ~ preferred
51sial, not lAAt silver should oe -xpe -
b., both retained Ant ire mistake II
sav. 20 re in favor Of so.3 Instead ~ BE-
ins against *
On he same occasion Mr.. Benton under
took 10 arFsrrn az proposition frcs froFu
dtspats OF ccnt~stEtion thas sac value thea
49, upoa sod BY yhs laws - tae Cnlted
ates VAS unjust ara erroneous Ard that
thes- ia~s~oy rating silver above -
va.ae-haa expelled gold from clrculzssoa.
TIA; E3s vas un6ervalaes by ne laws
81 lAs United safes sn8 expelled .vo1n en-.
alton. wss fsct. AZ. Benton sss;
"a a.ea every eosy knsw
Ireu ocSaa she eTot; CT tie gar; % eoz-
IS % s~csrtsla ths exact oorn.nercsa
es'ae 81 silver in reIAtson TO g9la. tn arter
.a4t he evtss E~an ~sicA fae coaatry vas
~r-.nx atEht - removed. Z, Is na.
a-.csssrY - tats fneneat q review ~.
nscos.s,nx= ~a31A II tc n. adoption e
81. prssrat rata. Bat II . u .u,efe.. n
zee a.. e~~-t cf tew wAt-> ~ chat .sz-s
csa. IS near a. aam2a calculation essff
IKE g; So - rssot greco NEST of -. l-s-sf
vs.ie rtsh sA- -e-,rse~ctas rata Reta~-t-.
~ ,Ats Ne-fs0 eays ~E~r .ee= AS rve-
sseths 60 aes VS. 80 rar:o q nearly a.
$50 .e~-rss esst cafrssatet from tAesr
g. casi,s - ua>srs-s~f sse sah'ect~ t.
~fc.'v .s ya,Fa - ssrs