The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1898-09-14

nigh
organic beings tend to increase. The
same law may come into play in the
artificial selection exercised by man.
The trained economic representatives
of that Paris conference could not but
have been powerfully sWayed by the
extraordinary fact that whereas the
worlds product of gold and silver had
been but little over a billion dollars IOr
the 20 years between 1880 and 1850, this
production had suddenly,in the II years
between 1850 and the year of the con-
ference, risen to approximately three
billion dollars. More important still,
however, was the fact that this aston
iShjng increase of metallic money was
contempOfaneOuS with the growth OF a
system which, among highly civilized
nations, was to render the use of metal
lie money less and less necessary. This
system is the use of coined credit as
represented by cheques, drafts and cur
rency bills, which use has been made
possible by the increasing development
of banks and banking institutions. 1t
is safe to say that in England and in
the United States the exchanges be-
tween man and man are effected two
hundred times more by the use of coin
ed credit than by the use of coined met
ais.
Mr.. John Fiske says: Tt is a char
acteristic of organic evolution that
numerous progressive tendencies, for
long time. incOnspicuOus, now and then
unite to bring about a striking and ap-
parently sudden change. 1t is in this
way that the cause of organic develop
nent is marked here and there by
memorable epOchs, which seem to open
new chapters in the history of the I'M
VERSE The startling progressive ten
denotes of the nineteenth century were
forcing nations into a choice of stand
ards. The Paris conference unanl-
mousIy declared for gold It's president
had said that their work was only
seed SOWn, the termination of Which
could not be foreseen.' The Franco
PruSSian war, three years later, sud-
denly TinPnad the seed to fruit. In Is 10
Germany introduced the gold standard.
The United States and the Latin union
were, in self-prOtectiOn, compelled to
follow, and gold became the single
standard of the civilized world.
I'VE celebrate this year the silver an
niversary of the gold standard. In
these % years the evolutionary pro-
gressive tendencies have grown strong
er and stronger.
1.-THE civilized world is giant today.
Comparatively speaking it was pigmy
before 1850. An evolutionist tells US that
species cannot revert unless the cOnd1-
lions revert We will never revert to
the silver standard unless we go back
to the old conditions of life and trade.
Gold will remain the standard. Evolu-
ton has decreed it. AS well expect the
horse to revert to the type of his five
toed diminutive ancester,-or the ele-
phant and the rhinOcerOS to roam all
over Europe as they did in the Post
Tertiary periOd,-or the birds to return
to the likeness of their reptilian ances-
tors IN MeSOZOlC llAIlGS,--StS 70 DG4AGN (
that the evolutionary fat which has
made gold the predominant standard
will be recalled.
''SiIver will have its own work to per-
form. It will rise again in value owing
to an increasing demand from the ava
kening civilizations of the east. AS
Mr. Wallace says, Lower forms occupy
places in nature which cannot be filled
by higher forms Assuredly the civil
lized nations will make a grievous fin
ancial mistake if they heedlessly en-
deavor to force the gold standard on
natiOnS of a lower plane AS a Sc1ent-
list says 1t is of no use to bring a crea-
ture to a new country if he cannot live
and maintain itself there The New
fOundland dog can hardly be kept alive
in India. 1t would be infinitely more
reasonable for England to push the
Newfoundland breed into India than to
attempt to force the gold standard up
on its inha bitants.
my views on this great financial
question have been the result of grad
ual evolutionism in my own thinking.
I formerly believed in the possibility of
the so-calIed international bimetallism.
I have come with some pain and disap-
pOintment to discern it's hOpelessness
and its undesirability. The American
people will speedily concur in the same
ism would already have disappeared
from our national horizon were it not
for the exigencies of our politicians. Mr..
Wallace tells US that certain animals,
for their own advantage and protection,
have developed a mimicry of color and
form. Many of the fiat fish are capa-
BILE of changing their color according
to the color of the bottom they rest on
The United States is full of political fiat
fish
yet nothing can arrest an evolution
airy fact. I understand and 1 deeply
appreciate the bias of our silver min
ing states. Like thousands of far west
ern men, I have believed that this
change of monetary standards, with its
consequent accelerated depression of
silver and resulting prostration of west
ern property values, has brought me to
the brink of financial ruin. None the
less I have honestly tried to keep my
eyes open to the truth and to resist the
speciOus, delusive arguments which
is always so ready to Sug-
gest. Every forward evolutional change
in life and in civilization has brought
disaster and suffering to some. It's
ultimate effect, however, is to multiply
the happiness and the we'll being of the
many. Like their brethren in the
south who but few years ago were ca
cause the men of the vest, redeemed |
from error, will yet leave to bless their
defeat in this monetary battle And
the young men, breaking away from the
wiIes of politicians, and from the soph- |
isrns of deceived deceivers, will open
facts of financial history,-wiH realize
that the advent of the gold standard |
had become an inexOrabl necessity in |
our advanced and highly progressive |
tiOn,-and will appreciate and |
11nreservedlv admit the folly and the |
futility of fighting evolution" !
W Gather Indications.
Chicago, Sept 14-Weather forecast |
for Kansas: Generally fair tonight and |