The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-10-17
TOM CARTER FOR A TEXT
John Mcguire Takes a Fall Out
of the Senior Senator.
%BEORAGGLED IN THE MIRe
The Republican Party OF Lincoln and
Grant Is No More-The Money
Power Stronger Than the
Government.

III you once disturb the finances OF
a country you will start trouble and
turmoil without end. Lord Macaulay
said that the darkest days that Eng
land ever saw were those when the peo-
pie were agitated on the question o'
money."-speech of Senator Thomas
Carter.
Lord Brougham once said that an adj
vocate was bound to sacrifice every
thing. even his reputation. to the cause
of his client. I think, however, TINS
Is going too far. Mr.. Carter has a right
to do what he can for his client. the
Mckinley gold bug republican party
but IL Is not for me to let pass his
extravagant eulogy on the loan
ming the affairs OF the ma
ton and whose false pro-silver profess
sions have brought so much misery TO
the country by basely sacrificing the in
terests of the country to their own PIE
plate.
Since the days OF Lord Liverpool and
his apt disciple In finance, Sir Robert
Peel. excellent photographs OF Mckin-
lev n Grover Cleveland. has there
been so great a profigacy OF owe n
influence exerted to enslave a people as
at the present time. when every un-
%scrupulous means are put In motion 10
have gold the sole STANDARD OF value,
and thereby max this great American
nations producers the mere chattels OF
foreign bo~ndholders.
In the direction of the debasement OF
this nation, the latter day republican
is VIGOROUSLY culpable. l use the term
latter day republican advisedly. for the
party OF Lincoln and Grant Is no more.
Its name and glorious history Is bedrag-
gled In the mire Of political degeneracy.
The grand political virtues which
the grand old party is Historically en-
titled to claim. are to-day CARRIED IN a
veil of mourning. whose web is woven
in the loom of Elklns. Alger and Marx
Hanna.
Through this latter day republicanism
a power has risen up In the govern
ment greater than the people them
selves, consisting of many and various
powerful interests combined into one
mass and held together by the cohesive
power of the ranks and the cohesive
power of public plumber.
I think II is Hume says that there
are no subjects on which first impress
sions of men are so liable to be false as
those of a political character" That
Carriers views on the means or
obtaining bimetallism have undergone a
wondrous change. liz too bad; that as an
a%pologist for the apostate republican
ism he represents ne is to be pitied. !
see he has been studying history, but /
am afraid to very little advantage. As
pertinent to- the present financial ques-
tion. Mr.. Carter quotes Macaulay, or
words supposed to be M~acaulay's. but
really Carter's own. Mr.. carter, aiter
in~slnuating with that cunning which in
some supplies the place of being wise.
that Lord Macaulay said that the
darkest days that England ever saw
were those when the people were agitat-
ed on the question of money" here Mr..
Carter pulls up abruptly and fails TO
tell his auditors the nature of that agi-
tation. I will now supply the omission.
TIL the reign of Charles the Second
our coin nae been struck by a process
as Did as the 18th century. During
many generations the instruments
which were then introduced into our
mint to be employed with little altera-
ton, the metal was divided with shears
and afterwards shaped and stamped by
the hammer. 1t necessarily happened
that much was left to the eye and hand
OF the workman. and i'm the operation
some pieces contained a little more and
some a little less than the just quantity
OF silver. Few pieces were exactly
round and the rims were not marked
IL was therefore In the course of years
discovered that to clip the coin was one
of the easiest and most profitable kinds
of fraud. In the reign Of Elizabeth. II
had been thought necessary to enact
that the clipper should be. as the coiner
had long been, liable to the penalties OF
hig treason Meanwhile, the shears Of
the clippers were constantly at work.
The c~oiners. too. multiplied and pros
pered, for the worse the current money
! haaa mo thu mOra aaGflv II WAS initiated
During NAM years this evil went on
increasing. but II at length became an
insupportable curse to the country. II
was to no purpose that the vigorous
laws against coming n clipping Were
vigorously executed. At every session
that was held at the Old Bailey terri.
BILE examples were made. Hurdles with
four. five and six wretches. convicted
OF counterfeiting or mutilating the mon
ey OF the realm, were dragged month
after month up Holborn hill. One morn
ing seven men and one woman wer,
: hanged and burned for clipping.
The evils produced by the state OF tn
currency We're not such as have general
ly been thought worthy TO occupy
prominent place In history. Yet. II ma!
well be doubted whether all the miser,
which had been inflicted on the Eng
lish nation In a quarter OF a centur.
(here Macaulay refers to the reigns o
!, Charles the Second n lanes the Sec
: ond) by bad kings. bad ministers. ba,
I. parliaments and a judges was cau
: ed in n single year by bad crowns an,
!, bad shillings." How this state OF thing
vas remedied Is told by the historian
a that this vas a time fruitful OF OK
" periments and inventions in all the de
partments Of science. A great improve
ment in the mode OF shaping and strik
ing the coin was suggested. a mi
which. to a great extent. superseded tn
n human hand. was set up in the towe
a OF London. The mill was worked b
"a horses. The pieces II produced. how
IS ever. were among the best In Europ'
IL was not cas- to counterfeit then
I'd and as their shape was exactly circula
Ie and their edges incribed with a legen,
Is clipping was not to be apprehended.
" Contrary to the attributed quotation I