The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-03-16

flna out what their wages will cost: they
can tell what Their market will be. and
therefore they can forecast Their pront.
and that makes business.
And therefore, when money Is not
mere valuable than the things that can
be made with money-when. In other
words money IS not rising as compared
with things: when. In other words, prices
are TO. falling-then money goes 10
work: and when money goes 10 work II
employs workmen, and the woskmen OK
the word know that when money Is seek
ing investment in the making of things
the la srer is sought by TWO jobs, but
that. when money Is running away from
work, two iaborers are looking for one
Job. and then are not able to find It.
CHEERS and appiause.l
And this leads me 10 observe, my
friends. that a specious plea Is made 10
the workingmen In favor Of this So
called honest system Of money Why,
then have they no, convinced the labor
ers Of the world9 There is not. I believe,
a single organized association of labor In
the world that has not. time and again.
declared I'm favor of bi-metail.sm and the
restoration OF silver TO an equal plane
with gold. And why7 Because they
know that when II pays money
TO &C to work Il VIII pay them TO 20 10
work They know. my friends that when
prices are rlsing Production is stimulated;
and when production is stimulated. then
they have work: and when they work.
they have wages; they have surplus
over and above their necessities; and
when they have a surplus over and above
their necessities. they have something 10
spend OF other products: and when they
have SO ng,hsng 10 spend. there IS mar
ket; and when there 4 a market. there
Is not the phenomenon which the gold
standard people today are calling over
production tAppauss.,
Intrinsic Value Of Gsld.
Now, my friends. the principles upon
which bi-mef altisni rests are easy of com
preheusion. They depend absolutely upon
the established doctrines of all the writ
crs upon the subject OF political economy
since there we're any writers upon the
subject. For example. the contention by
which the gold standard is defended. that
gold has intrinsic value whereas silver Is
subject 10 the weaknesses and iniirrntties
Of ordinary commodities "a absolutely
without any support anywhere.
NV friends. let me- illustrate 10 Won
what nonsense-ahat intrinsic nonsense
this claim Of intrlnsie valu@ Is Suppose
for example. you had a piece Of gold the
size Gf your hand. Intrinsic & yen will
examine the dictionary, means inherent
insepars b,s-a part or a quality of that OF
which Il is affirmed Now that piepa of
gold is intrinsscally yellow: II - inirinsi-
caliy heavy. and, 40 long as Il il geld IL
will be heavy and Il VIII he yellow Now.
suppose take /; to desert Island | dig
hole In the sand and put she gold IN II
and cover IL up and 81 away and forget
all ebout II and tell nobody and die
Now. my friends, down in the hole In the
Sand that gold Is yellow az il ever was
Down in the hold In the sand that gold il
rs heavy a. II ever was But down in
fzk ~. ~
wer:h single cent and IT will not he
worth one cent untD somebody finds n:
ard then e VIII not b. worth ANYTHING
until the man WHO ends Il ts where there
IL somebody else. ard even then II will
net he worth ANYTHING unless tina; some
body else wants Il: and ;heu how much II
- worth WILL deFena upon what that other
fellow VIII give for a. ard that is the law
If value and the ontg iaw
The ~. Iouts Platform
The g. Louis convention ~ 50 came in
for a good share Of Mr.. Towae's attention.
Ne charged that the platform Vas drawn
in enc OF the associated banks OF NeS
York and was entrusted % Thomas =
FlBtt 50 carry through me convention.
that On Mr.. Fistis return he vas banquet
81 ~ The bankers ana c9rr piirnenisa faY
surcEng on the r0nventlen tina words gold
standard 'ft yesI wan, 20 compare the
xeianasr ara valor 90 tire DAYS es ,esB with
Marx Hanna witt I4tncain'' Cheering
~ this peirt the speaker attacked The
Mckinley adm INSTR attoz He charged
thai tn truth the pssssn1 national admin
issra:tan wss controlled by p pukras. 81
nSt on9y maintaining al Interim zee gal4
standard bai of firmly ESTABLISHING II.
shst rn the selection cf Secretary Gaze
me president had cHmst sufess hsz admir-
tsfrstt@r liz favaf - the ssagss standard
TIE monetary r1sss mission bst eFeeslgatsrrss
aATosd .uteFess~x with Secretary fs4ea
aerlarsmF that International h -vsls lisxrsa
wa ESt oTi* sFnpract "a she. tut an fsSsra-
re. Tire pYesfaeat aks rscotarse AIDED snmt
f@s rlsHs Accepted by tAN fn#4ans rolls
sHzsfS rnoHsy convention fer fhs retire
rsses - government uatss rrcssxe faxara.
esp sssttGa 81 tEs hRrts Of f,ssaz reSe s~ea
do xea Republicans ss3i tAax promoting
tA@ EausA az hs.rsefe 31tsHu -, Inquired shs
sE~Akss II lAs sssa standard - esea
ssNE. saJ "a aaYe y bat 81 r h ar esa
s@f - sgses@ssy ri gsYseFes O. r. T. sas
ay onv Fg@fVgs fes1 by anAsnsf* Cm#Vge
VI TSwns g1sa ssseA she sssa standard
szeu s5s auesssz a. faIcws
= Are T5ss r. {sxay - tAs .fsFgax q
sreaissS rugs nss'sss se&*gt
Mr. $es sal tn&f in 50 cerES tp
\ Fz~s@e&N farmers g~ns1Rea a atKneT s.Ysrs
tssH asasf ~ Hs&nY Ye@ss tx gassr wn*sfs
" Yass sa4Ner &9s : @fssFnsgax@iy.
snas yssr SosEas Is ga Axa -~x fsxr.sss So
ss~es n wnr2s sAas ;s&as}
i g wss aGsa aaax sAss sac sssas-
- SO a ss.kn fssNs sar kSz akeas ssssssfl II
! oo&4Aass ss%a Z 80. pssssx sAs@s Il .s