Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1898-01-21
Afa9l'lNgton $ talliayl
osN uVii, WASH.
EElaN NENlNG. JAM lEi u. 1895.
b. sur. of Your Facts

'''.'.'' ''''i : -N'ii'' i''''' ''i'>''r'1
''"' '''.' ir'"->'Ivcr advocate tor pro
l'-at- hN IAN t"W"fM" that principal
ami interest "i -. h"''d~ hr PAID III
~..'r- II -ay> th' proposition Is DIS
h'. F.: rntl >.!N'' = recognized hy the
l. H." Mh""N TIN h"1d', winch call
'". Old a. tie if'.I falu" 81 gold.
H.u'~t''".d ;r. nj l. mistaken ~ /"
liz i+''.~--. Tie bonds do not call
f.r lei. and E"v'r did; nor has Con-
g'..-'t.c recognized amy ,'lch claim,
la1 hl~, en- tn" contrary. specifically
r,i'd I'ti # ~ tn" Stanley Matthews
r'-v.li ..it, .'."pi'I IA l''.>. Which de
c..rl that ii was the intent OF Con-
- -. IN authorizing the issue OF all
hnl|- "i the United states that they
should he payable, principal and inter
81. IN silver or other dollars, at the
option 81 the government.
At that time, Mr.. Reporter, there
were many silver men in the Rcpubli-
can party, rs their state platforms
Si"'N'". 7t1hIt4 Mattiit"s WIS II Nc
publican, Congress was Republican
:, lo1, ,,uol,o ,.;,, .,,o ro.o,,,,;o,,
''- "
passed by vote In the senate OF 10
nvcs to 81 noes. Housc. aycs $50 noe,
-. , -. ., ~,
-''' ''''i' 'o'''' propose" - WE
EdnllIlldS IN the senate, that ~. >.
bonds are navahle in cold coin or IFS
=
'i''i'"i'h'' was "cic"'cu ny 'o'c vi
ayes, Is; noes, Al. There were, how
.v.r an oc.,o;oro, oo,Jh,,, IN tbo Pc
"
>, ''
,u.ua1 49, "ao,.: ~ :., H.: wv.
:. ., WIN ' 40 '0'
70 ~ Wa !oc
~, r,
,n, nov was ''.ole
- ~
]
" Nv "e .'N "' ''i "'''po.
10 'pp0S'''o"' o"'o III !" i'io''''''''
somo.htna soo ou ,at 81 .ner parens
appointed for them by the court, and with the
consent OF the court the guardian invests all or
the interest whereon let Ms saw is ssoo ner an.
nun. This interest is the income for the main
, ,"a o, the orphans and B., and is stpu
dollars and the bond says its maker will surely
pay that sum without default. Teller comes
s s,ra. pusses ms ol ,he interest is palu In
is worth only $3.50. Is it an honest act to cheat
them out OF one-half of their stipulated income?
The circumstances are so dissimilar
as scarcely to apply at all to the sub
]ect under consideration. Suppose
that the guardian invested all or part
OF the estate in lands and other realty'
when property, on the silver unit of
computation, was worth something
suppose $5,OOO were thus invested;
"Guardy" would be in the exact
quandary that is used in the above H.
lustration. He would be lucky if he
could sell the realty at all, and surely
Tor not more than forty or fifty per
cent. OF the original instrument. Is
1T an honest act to juggle the finances
so as to cheat people out OF a half or
two-thirds OF their earthly possessions?
Don't forget, Mr.. Reporter, that it is
not stipulated in the bond that govern
ment bonds are payable in gold dollars.
Cleveland H., by urgent request of
Wall street, in special message to
Congress, after the passage of the
Matthews resolution, tried to have in
serted in subsequent issues of bonds a
clause for gold payment, and offered
bonus OF several millions of dollars
premium for that concession, but Con-
anything else than U. S. coin.
The orphans guardian might, of