The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1897-07-25

treasury
whatever may he thought OF the oue-
co-s Of ero-ts 10 Increase the rnarEe.
prize cs sglver by op~ntng the minis 70
its sree coinage At q fictitious value, there
car hz 70 doubt that sorns amendment
Is needed 70 our money system. Il silver
were 10 % dropped entirely from con-
SHERATON. except ter small change. &
would - none the less desirable 20 pro-
,ees the credit Of the nation against such
jeopardy rs that In which il was placed
las. year by undertaking Something en-
tlrslv heycnt the scope az government.
The prejudice agains, banks and banking
systems viii have 10 be fought down by
patient appeals 20 the common sense ef
THE people We are On wrong basis.
an, We shall never be able 10 avert the
dangers with which we have been now 50
warn.ngly threatened Until we establish
CUR currency system upon the lines pro-
G2cet by the experience Of ages II The
free coinage OF silver were 10 be insisted
upon by the people that would not lessen
the necessity for such a reform as the
president suggests II is not question
Of coin, but OF system TIE only dsser-
eace IS that. II we had free coinage, the
calamity would Dc 50 great tha, the minor
disadvantages from which we row suffer
would be entirely eclipsed
The unprotected condition OF the na-
sionai treasury from attack from without
and the absence OF sufficient revenue TO
fortify IL from within, were the two causes
OF national danger last year. The re-
action after a long period OF speculative
activity was the cause OF the depression.
but 1t was not until the national credit
became inp1gned that the most serious
blows fell, With prosperity there would
be 10 suggestion OF free coinage. and
there Will not be when prosperity returns.
But that VIII not lessen the danger which
will threaten again SD soon as the tide
ehbs. as IL Inevitably will
The tariff bill having become law, the
next and most important step towards re-
viv1ng prosperity lies in the direction Of q
revision OF the currency. Secretary Gage,
IN the now memorable address which he
promised that the president would take
Up the question and present il 10 congress.
An impatient people urged speedisr sc-
ton. but il became manifest that the ad-
ministration was pursuing a well planned
policy. In his remarks at Baltimore Oh a
later day Mr. Gage repeated that the
promise he haf. made In the name Of the
president would soon be fulfilled The
promise was. he added. that the admin
istration would be faithful TO the task
imposed upon 1t, by putting the currency
OF the country on sound. enduring and
solid basis
During the campaign nothing was more
characteristic OK Mr.. Mekiuleys speeches
than his gpparen, sincerity. II had much
10 DO with his popularity among the great
masses. who contrasted his sterling i'm
p-essiveness with she dashing bat wholly
irresponsible periods Of Bryan. As presi-
dent he has been cautious in speaking OF
the future but always confident and
frank in speaking Of his own purposes.
and always hopeful as to the beneficial
eTecs upon the country.
Not emily does this steady purpose have
. beneficial effect upon the people 90 the
United States: it is tending 20 establish
the prestige OF the country abroad Al
though Mr.. Cieveland's administration did
nothing 20 bring shame 10 the flag. Il was
an administration Of surprises. While Mr..
Cleveland never did anything rash. there
was al uncomfortable fear or q restless
xpecta,ion-accordiug 10 the tempera-
rneat-that he would az any moment do
something which would create a sensa-
ton. Nothing &C that kind is expected o.
Mr. Mckinley. He may not distinguish
his term by any netso-le display or dazzle
the people by startling pyTotechuicaI ef-
fects but he viii leave the country On
more substantial basis and or a broader
avenue OF progress than any president
since the war.
The great need Of this republic IS that
IL shall DC permitted 70 pursue its COM
rnerclal course distracted by colplica-
lions with foreign countries. ard undis-
turoed by internal legislation. There
never was time when the people more
earnestly pleaded 10 he let alone The
government could do To kinder act 70 the
people o. Insure s. more enduring graft
tude than if 1t should SO comport itself
during the next SIX months that Il should
be almost forgotten