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

! that exists for their benefit. "a II was
established for their benefit and that Is
taking away. night and day, year after
year. the substance OF the producers OF
the world. in order that the ownsrs OF the
debts that are payable IN geld may get IA.
upon the increment that the producer
does not deserve to lose. and that they
have 10 right 10 gain
''There - no secret in England why the
gold standard Is there prefeered-not at
ali. They do not only admit. but they
svow, that the purpose is a selfish inter
est and advantage OF their own Sir
William Vernon Harcourt, Gladstoue's ex-
chancellor OF the excheduer. In speech
In the parliament of EnElafid on the 18th
Of March 149S-as Gladstone had done
three years hefore-deelarsd. with the ut
most candor, that the objection that Eng
Land had 20 the gold standard--or rather
TO attempt TO ger rid of tine gold standard
lay in the fact that II would destroy the
Office Of a money measure that was con-
stantly increasing. az reekoned IN the pro-
ducts Of other nations TO make the cred
i;ors OF Great Britain rich by an auto
matte process.
ale said thar Great Britain was con-
Stunning naiisn; thai Great Brifain was a
creditor nation: that people pay Great
Britain what they owe her In their pro-
ducts. that. therefore, II would not he 10
the interest of Great Britain - permit
paymen. To he made In products upon a
money system that should cause the pro-
duets 10 bring higher prices than they do
under the gold standard; which means,
my friends. that that great people, or at
any rate the money powers that have con-
troll of that great people. recognize that
England being a consumer patton. being
unable to grow or make what she needs
10 eat and wear. being a creditor people.
having some hlsions cf dollars, as II Ia
estimated, 81 debts ewing 10 her by the
debtor nations of the world. and having
II buy commodities. In the one case. or.
az q creditor, 10 offset against them a GER
tan amount Of the credit that is due tipoT
these obligations money sys;erss
that shall supply A monetary unit cor
stant;y getting bigger as reckontd tn the
products ia which these other nations
make sheir payments In other words,
Great britain wants 10 get as much OF
our goods and commodities fer as little Of
her fnou~y az possible whereas we eughts
10 want TO get as much Of her money for
aS lit;le OF our products as possible
And vet nv friends. we ALLOW this ma
ton % Great Britain. which has thus.
confesSa%ily selfish Interest ard advantage
I'm :hs. matter n detersf,ine what shall h.
the monetary unit that shah measure the
price OF our OWN products and the limit OF
our obligation IN her.
4sT'here has never been seen IN all his
terry. epon the part ~ a selfre speeding
nation. SHca an f&Nftftspfi OF not Only
neglect II her awa interests. but shame
ful BETRAYAL Of the highest duty 81 patri-
otis,n. as has been exhibited hy the great
American people in iegisintiug uFon the
money question ~ the aiCtatfen OF Great
Rritstn. rather than in behalf o. her own
!nseres.
Hirth of the Gold standard
My friends the gold standard. az l
have sssd. was horn, for al practical
purposes. atsout the year 1875 On the
contrary tae system 90 bt-metatHsnl~
which uapsnS the use fsill-powerea
mercy. Of both geld and siirer~~is a sss-
tern ot ronsy whes@ history runs back
"a he vtry BEGINNING Ct social iiIe up
on ,he earth II was tried. and as a
whole. proved BY the experience ef all
PREVIOUS civilization Down 10 twenty
ftva years age
Ard whas hAs h@en the experience un-
asr the sssst standard Why. my
frssrdr I ask yea % bear n rnlnd iris
remarkable fact 81 view 80 the c3atns
shas are rsass for the gold sfandars
monetary system Il wks adopted IN
fs7s. ard yss tire s8gsv}nss o. tae q ssl.
We~e Sc great wsshle ave years after
/. has hes-ss-& pstatlsshef that r. m.
YEAR $50 a ersaG convention cr later.
uaftNnzi H3EHtty. uttH teFTesess ne a
ffayn many ef fhe lsaAlnE nmts0ns - she
Sssff re- Pr me svnwes ard sfses7se~
rurrsese ~ s9sv3ssnr @ernr nav 70 get ria
II tAs geld standard That was ire Ore.
sHserYsa ttNrat raonets-v er5nssFemfee TH@w
fsgsea ara shs sasssst was rat threA
wears sstex 81 1sS1 = ses-~Tza tnteTrsa rtt,s.si
raafs~enre wsx he'd far sas same avawess
tsrsYtsss~--t,> xrs ~ - shr geld standard
II s&ne@' also
.-Thsss sh@ weFfs having f~sAs .w'n saa-
ares pifhfr So ss1Ts tigse seefnrgl al
n tsNs&rssssi - she resolution 81 De-
xratg sad seastsd IA X grizzly - ~
sssf .ssaNe tHx hast ~ & Far e-sAt wears
asrsxs< Ffsss SO lsSa susfne tAa Paris
- Tssstflns .srEa heu1ssT - sns re,srs-
So neassvs~ 80 ssxerat ~ the fsa8.ng "a
tEasAs - he world rer venra asatn FOR
go ssslrfs@se - svstmx - g. rta 81 ne
x&s4 standard
Il sAsgss 20 ha7nr IL re}n8 asy .hs people
- sas fFn ssA ssAses 9hSna certain n.
fseHSax nss sesassxzrfne t84sy - ser,e -
- e. ~ Fssssssee - thts qs@x*tsn ttst
sNe IS srFA h=& nevs+ tssn SstsxNas wssA
ssa ssFaa SssatsYf a'as has sse1 trvfns
- St 81 ef II AT~~x &ueennf NJ ~ = e~a
81 ~se ftaF~se8 Heesss flssgz wstsngs fnssr
ezssssess.F- gAgyz 8ttesa
&an~s Asks~ Wat.
rf'n shs enHff4ev wses rsTsTes are ass
aa5aea ~ sre flssss sh4- srsn :hat hsx.
sn@ss9y - Ss tats ne rsk rs * fsslnEs
wa sHsf EASae5 s.sfNssss xANn FA@
pf}ess Ftse az aye fessnfntFsea saes eaA
NSsFe 80 ooss - sss4g rs~ asseTsai sAsy
saw HgsHs sarks az@a etsagg4~ ia ths
NAy 81 aa.sssnnno 80 snaxxenk sasy -