Evening star. [volume] (Washington, D.C.) 1854-1972, 1896-06-02

us that the wealth per capita Of MS people
IL TWO dollars to one compared with that
or the more populous eastern states Of
Massachusetts and Pennsylvania
Beyond all controversy wherever the
silver standard of money alone practically
prevails, the lowest and poorest standard
OF wages prevails. The ludicrous misinfor-
nation which supports the broad assertion
that countries where the silver-morey
standard prevails have 100 per cent pre-
mum in their favor Of exchange is as
Hucn OF travesty on the facts as on COM
mon sense. The country which uses a de-
preciated currency falls under many dis
advantages and as certainly and swiftly as
.iIe man OF business whose credit is de-
Weciated. what We buy of silver standard
countries can be paid for IN deprecated
silver What they buy of us must be pafd
Tor In the best sound money, and nowhere
subject to any discount Free coinage Of
silver as remedy against Japanese or any
cheap foreign labor would prove very much
IKE taking refuge in a pesthouse to avoid
the plague ~
'Bimetallism is nothing more than two
mechanism, though sometimes industriously
ana artfully used to mean the unlim.ta al
Iree coinage of gold and silver. If the
oHted states start in this desperate silver
tilck alone, of course we shall be defeated
ana silver will be further numbled and
take lower position in the estimation M
all commercial nations. -
Iertalnly an invitation from commercial
HdtloHs 10 Join In cooperative ayreen,ent
Tor larger money use of silver wouId bera
ne accepted by republican administrator
ana IL would be more desirable that tba
III Utica states should receive rather than
oleI the invitation, as The American rro
suction or silver is comparatively SO large
lIat any lnltiatory step On our part roiybt
subject us to the charge Of being insrired
py the thrifty purpose of securing a bet.ar
iiiaih e1 Ior our annual domestic product
silver Menace. the soutb.
Were 1t as certain, as some extreme Sill
i've agreement among leading nations for
a larger use Of silver can he ob,a,n.d IT,.
fact alone would be a copent and sufio,or.
reason why the United States should do
cine to stultify itself by embarkfne single
nSli"ed IN an experiment so reckless and so
uis!r us.ed as to be Stunned and coldly re-
JNStcu by the statesmen of every enlighten-
g. nation. But this hopeless representation
OF the silver question in Europe is untrne
me trend OF public opinion in Germany
ana IN Great Britain favors tolerance of
the question
Our southern states arc for - - .
part far less densely populated than their
sister states of equal age, and the acreag 90
OF Their uncultivated land IS enormously
greater. The unused water power of their
numerous rivers and their inexbaustiIie
IRON ores and coal fields would seem To in
VIE an unlimited expansion of diversified
industries, as well as a large increase of
population. Their material prosperity and
advance in the value of their estates in
land must be, for generations to come
Wholly based upon inspiring confidence I'm
the owners of capital, and in many people
10 move there with the view Of finding
safe and conservative homes for both labor
and property. Instead of this the silver
heresy. threatening the stability of all
values, RACES like epidemic and is
rampant in the south, where IL NAV be
supposed that some advantage will be de-
ilVed by cheap money in payment Of cheap
labor.
The Party of PrOsperfty
The highest ambition of all the enter
prising people OF our new states must be TO
attract large accessions of an industrious
and intelligent class of citizens to their
respective states. VIII this be accom-
pllshed where one industry alone IL made
dominant, and where all other occupations
IL not deemed intrusive, are held as SUBJ
ordinate, or where there is the same die
tator IN politics as In business? They also
want TO attract capital to make great and
permanent Investments within their mag
nlflcent boundaries, but, as an attractive
sign TO tempt either domestic or foreign
capital and labor to go west of the Missis-
slppi to build up safe and happy homes
VIII 1t be wise to advertise and tolerate no
othec financial flag but the silver standard
at 16 to /?
The growth Of every state is a subiect
OF national pride. ! am glad not to belcni,
10 party which fiouriShes most in times
of adversely, and whose prospects brighten
When calamities threaten. i believe the
party soon expected to control national af-
fairs will best flourish in days of prosperi-
", and whose prospects will brighten when
cur people find full employment and full
wages, and are paid in money that will suf-
Ter no degradation in contact or exchange
with The sound money of the most enlight-
ened and leading nations of the world