Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1898-12-09

III II i'sf".< .: yam :'-oGac:s Cnuscd
o.. ''.,r II Ialar Of G"l,! BURDEN of
: " >ior' s-t.-.s Increased Witty Per Cent.
Appeal "i the Farmers For Relief
= err -nGnDi,nt writes: y general
NJ - f til" Russian provincial de-
;ar-!.' Int ct agriculture has recently
'.l III s,~-. Il =. Oral, which WAS at
ri. .9i~' lv T. .,,>or Statout IN be-
Il. d.; tie l,:.>-!a n.ili.st' : oi ;.1ricul-
'r.
Th' c,n-r -, which sat for II day.
u 4 til 2, y, ral issues which have
r.':- /. L. pr 1t acute depression III
:: agriculture al gave especial
.-: .9i-,u II "a recent work by NJ.
my q IclnltA, which refers tho
,. t.:: Us rri,i- # the past two years to
ti.r a.; ,ai.t ,f tho government Of Rus
"a t,.,.5..! fish gold standard. The
financial position of Russia. a country
with "A vat and growing foreign in
e. ,c.incsS, was ably presented by the
;-lIcipal speakers, the view being gen
rally accepted rs sound that the sudden
rise in the exchange occasioncd by NJ.
de Whites scheme Of currency reform
could not have done otherwise than Sc
riou>ly check Russia's exports and in
duce that fall of prices within the coun
try which is tho universal burden Of
complaint.
The following resolutions We're adopt
Cd : tho congress: (i) THAT the gem
cral fall in the price Of agricultural
produce is the principal cause Of the ex-
listing depression. and that where there
is rise in the price of certain staples
the rise is consequent upon the deficient
...rvest &c 1897" (2) "That the fall Of
price is chiefly caused by the rise in the
value Of gold, occasioned by the neces-
sity to buy gold. because Of the calling
in Of silver and Of paper" (3) THAT
by the rating at which our paper money
has been fixed in exchange for gold and
by the change to a gold legal tender
our country has been drawn into that
agricultural disaster which is today
shared by all gold standard communi-
ties and tho end Of which no man can
fUresee"
We therefore submit to his excel
leucy the minister of agriculture the
urgent necessity for the immediate re-
consideration OF the new currency sys-
TEN before the agricultural industry Of
Russia shall have become more serious
ly imperiled still Should, however,
his imperial majesty's government find
that any revision or reconsideration Of
the gold standard is impossible, this
congress considers, that because the in
PRODUCTION of the gold tender has in
creased the land tax Of the peasant and
also the burden of every mortgageor by
fully 80 per cent, it is Indispensable
that these taxes and debts should be re-
duced and adjusted to the full extent Of
that rise in the value of money which
was caused by the recent legislation.
Debts contracted in silver may not with
equity be collected in another and an
appreciated currency. Recognizing
fully, as we do, the zeal with which his
excellency M. Ernsloff safeguards the in
terests Of Russian agriculture and know
ing his loyal and energetic character,
we, the land proprietors and farmers Of
Russia, trust that our representation will
receive consideration by the govern
ment, the more so seeing that the scheme
of monetary reform as adopted has never
been discussed or sanctioned by the
council Of the empire-by that supreme
assembly through which every law of
the empire must pass.-London Finan-
cial News.