Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1896-08-13
Thursday, August Is, 1896.
OBSERVATION-DISCLOSURES
90 Grain and Chaff. 10
95990009999@9909 000905559
1.-THE CRIME OF 1874"

our populist and free silver friends
without their referring again and
again to ''the crime of 1873" Some
how the delusiOn that the dem0neti-
zation OF silver by the American con-
gress was accomplished by stealth
and was the result OF a conspiracy Of
the ''money power,' has taken a
fearful hold of them and will not let
COLT is claimed alsothat EarnestSeyd
an Englishman, came to this coun-
try loaded with money for corrupt
ing the representatives of the people
and induced them to pass the act
which left the silver dollar out OF the
list OF coins, and though it has been
shown that this gentleman was an
ardent bimetalist and friend ofsilver,
yet there are thousands of well mean
ing people who persist in believing
the myth. The fact OF the matter is
that the characterization OF silver
was due to general recognition by
students OF economics and states
men that silver had reached and
passed the limits within which it
could be benefcially used. Owing to
its bulkiness it was no longer used
in large domestic transactions nor in
international trade. The same law
Of evolution which in turn had de-
monetized iron and copper, laid it's
hand upon silver. The IMPOSSIBLE
ty to maintain double standard of
value was also recognized. There
was no fraud, deception or conspi-
racy practiced in congress to effect
the passage of the bill. Its provi-
sions were we'll understood, and
thoroughly discussed. Senators
Jones and Stewart, now interested
champions for silver, favored the
measure, and in their speeches advo-
Gated strongly a gold standard. Is
1T not more reasonable to suppose
that the speeches and arguments OF
these men secured the passage of
said bill? Most assuredly. Here is
what Senator Jones, OF Nevada, said
in speaking on the bill:
81 am opposed to any proposition,
come in whatever form it may, that
attempts to override what God Him
self has made for money; that at
tempts to make money a commodity
or make commodities money. II
believe there is a vast difference be-
tween the functions Of the two, and
that every departure from this plain
truth will punish the country that so
departs. | believe the sooner we
come down to a purely gold stand
ard the better it will be for the coun-
try. l believe that when we do SO
come down we shall have entered
upon an era Of prosperity which will
be unbroken for a century,"
Speaking further on the same bill,
he says, page 176 Of the appendix to
the Congressional Globe for 1874:
''Does this Congress mean now to
leave entirely out OF view and dis
card forever a standard of value?
Did any country ever accumulate
wealth: achieve greatness or attain
high civilization without such a
standard? And what but gold can
be that standard? What other thing
on earth possesses the requisite quail
tiles? It's value is represented by the
average amount OF labor required to
produce it. It's scarcity gives a
small quantity Of it great value, so
it 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 barbar-
ism. 1t has done. more to organize
society, to promote industry and
insure it's rewards, to inspire pro-
gress, to encourage science and the
arts than gunpowder, steam or cleo
tricity.
"Tae use Of gold had it's origin in
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