Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1896-05-12
EEITOR Times

EE1TOR TIMES
[ have noticed the compliments
you give in your paper Of the
25th ult. aud I thank you for it.
It is all honor to receive such
comments anu it is my duty to
| recognize them. But you should
not embarrass me by mention
Jag the fact to your readers, for
| although it might be hard to
prove that [ am not ''the, wise
man of Willmar" yet people diff
fer a good deal in opinion, you
know, and in view of the fact that
we are all a very bright and
splendid people in Willm -, your
lack of prudence by max
ing your choice known and plac-
ing me at the head Of the list is
liable to create jelousy aud cause
a division of sentiment among
the people when I come to run
for the presidency.
When we become more acquainted
you will notice that I am in favor
Of ''free speech" l don't blame
you for being an enthusiast on the
money question and for showing
the people that they need more
money. [ know what that is N.Y.
self. Nor does it surprise me to
find you a debutant in that school
Of finance founded on glori-
fed mist and imagination,
where the graduate comes out
with certificate Of ignorance and
confusion. If your ideas about
money are the sentiments Of the
people up your way you need,
first Of all, a missionary among
you, before undertaking to solve
the great problem Of finance,
or any other big question, that
has puzzled the great minds Of
the world. Yet this money ques-
ton which SO many people know
so much, yet so little, about is
not a very difficult matter to
comprehend, so hard to under
stand, if they would only begin
at the near end Of it and not fly
off in the air and try to catch
all the beautiful colors Of every
rocket blown up Ivy demagogues.
But excuse me. Politics. is not
my professionals has never been
my favorjte hobby and I never
wish to attend to it except on
certain occasions when some one
has gone mad on it and needs
my sympathy.
| was not going to say much
this time. but [ have a few ques-
ton to ask you and suggestion
Or two to make and then I am
done. Do you think that your
treatise on ''fat value,''' the ''lnon-
ey creative capacity of the gov
eminent, the only "just and i'm
mntable law of free coinage of gold
and silver at the ratio Of Is to l."
"a double standard Of value" and
redemption money increasing
or decreasing in it's redeemable
quality according to the recog-
nized quantity in substance nom
mated a dollar by the govern
ment.' Do you think that all
this has enlightened the readers
OF. the TIMES enough SO you can
now, begin to teach them how this
new system will work? Teach
them why it is necessary to have
redemption money and why this
must consist Of two different com
modities, gold and silver, one
l6 times less in quantity than the
other when either. .or.sboth have
no other value thanE-what the
government chooses to give by its
fat or expressed will. When the
value is in the governments fiat,
such fat value can be made equal
to any other value and no redemp-
ton is needed, what is the use
to have gold and silver and make
the silver dollar Is times larger
than the gold dollar when the
government can make and create
value at it's will and this will can
be expressed on any substance
the government may choose and
in any amount or number Of cents
or dollars whether onsgold, silver,
paper or anything else and with
out any particular regard as to
weight or demention Of. the sub
stance so used? You might then
tell your readers how the double.
standard or bimetan sm works
It works on the same principle
as il you were to measure up q
quantity Of graf on have two
measures one larger than the
other, and both: are So posed to
give the same result Bot you new.
.er employ double standard in
.practi ice. Of course you never.
believe il ntrincie e line and
therefore your free coinage theory,
ought Is work q. But even
z if did elieYe that. the value.
Of a thing depend upon its. es-
innate II trade, free coinage Gre
ates no demand, does not lessen.
the supply of he ommo dity nor
.changesS its possession only