The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-10-20


In candor, Tor the audience I see be-
fore me is one which l believe to be in
telligent; one which will not be led
astray by false issues.
The two parties stand in marked
| contrast. The gentleman who is a can
didate for the Office to which 1 have
| dared to aspire entertains different
ideas from those which 1 entertain. !
/ quote from the Salt Lake Tribune. ]
! presume he claims that as his organ,
although perhaps L have the better
| claim. 1t occurs to me that the ratio
Of space we occupy is about Is to /
in my favor, and 1 understand he is not
at all satisfied with the showing made.
Mr.. Roberts then read the statement
Of Mr.. Eldredge in Cache county to the
effect that the silver question is set
tied.
Is it? If so, then the minis should
be open. and are they? With Ill def
erence to nay opponent, I say il is not
settled. But I predict that we shall
settle it, and settle it hight, and in
harmony with the declarations OF the
Democracy.
This is a question which will net be
settled by local platforms. but by the
acts of great national parties.
In this particular the Republicans Of
Utah are unfortunate, for they differ
with the national party on this mat
ter While the national party is the
friend, aye, is pledged to the gold
standard, the local platform declares
friendliness of the organization for
silver
Mr.. Roberts then took up the Re-
publican platform of the state. After
reading it he said:
If that does not come near being all
things to all men. 1 do not understood
English
The speaker then read the financial
plank of the Republican convention of
1886.
Now. if they shall attempt to obtain
international bimetallism and fail,
what then? They will stand pledged to
the maintenance of the gold standard.
And all over the. land the Republican
press is demanding the party cease
quibbling and declare unalterably for
the gold standard.
Besides this they have tried to OBJ
tain International bimetallism and
have failed.
Mr.. Roberts then related the history
of the bimetallic commission. How they
gained the consent of France and
waited on Salisbury and his cabinet
and were refused. 1t was not to the
interest of England to depart from the
gold standard. She controls great gold
fields and holds the bonds of other ia
tons payable in gold. They refused TO
take off the great advantage she had,
and has, in sucking commercial life
blood of all other nations. Oh, that
American statesmen would work in the
interest Of our great product, silver. as
England's statesmen do for gold. Then
we would have bimetallism. Have
you ever heard of people going to law
with the devil when the court was to
be in hell? That's on a par with the re-
quest that England abandon the gold
standard.
JANUS-LIKE.
The commission failed. Why? Because
at the moment our commission was
pleading for bimetallism the admins
tratiOn was endorsing the plan of the
Hanna monetary commission, which
viii place the mOney-making power in
the banks.
We won't indulge in any flights of
Cratory on the beauties of consistency.
The facts speak for themselves.
The speaker then outlined the plan
of the Hanna monetary convention, and
following directed the attention of Mr..
Whitaker to the statement he CMr
RobeTts) had made in workingmen's
in 1895, when he predicted that
when the line should be drawn, the Re-
publican party would favor the gold
standard. while the Democrats would |
De IOulu SldnuilS IOr SILVER
The Republican party has been ever a |
friend os the trusts, and when the |
trust OF all trusts, the money trust. |
was formed. it was natural that the |
party should be found on |
the side of the trust.
In 1885 Isham c. Harris of Virginia, |
at a financial meeting in Tennessee, |
where It was discussed whether silver |
men should abandon party, to work out |
a "
emily. this grand old man declared that |
in the Democracy lay the hope Of sill |
yer. He was right, for in 1886 this
party made demand for the free and |
unlimited coinage of silver at a ratio
Of IS to l. without waiting for the aid
and consent of any other nation.
II the Republicans are true to the
platform of their party, the question
turns as TO the ability Of the United
States to restore the money of the con-
stitution. In arguing this question 1
never have heard Republican, from
Chauncey DeDeW down, or up, argue
'or international bimetallism. but in
he interest. always, of the single gold
standard They were paving the way |
Tor the battle in 1900, and the issue
s or.
WE CAN MAINTAIN THE PARITY.
Now, can we maintain the parity. Re
)ublicans say no, and Democrats say
res. Republicans claim all the patriot
SIN in the country, sell nation with
/ big n. but when it C~es TO a restor-
ltion OF our money, tney plead weak
less and declare we cannot sustain a
parity, because the Latin Union of five
Nations could not. France, Italy, Swift
.erland and Greece comprise the Latin
Jnicn. Compare this country with
hose. Because John Jones is sick and
annot lift 400 pounds, does it follow
mother man should not? We have Is
ATTN Union have. Our resources are
much greater. Statistics tell US the
American agriculturalist can maintain
80 people, while his European brother
an only produce for 80. There you have
comparison between the United
states and the European countries
Why, statistics tell us our industrial
orce equals the combined force Of Eng I
and, France and Germany. Omitting
f France. Austria, Germany and :.
pain. Could England France and
iermany maintain a bimetallic stan
I'd? Certainly. Then why not we?
Mr.. Roberts then made brief and
lcid explanation of what we know as
rec coinage, and the ratio of 16 to l.
he explanation being a very simple )
nd effective one.
The ratio of 16 to 1 is about the ratio
/ which the metals are produced. The 9
gal ratio should follow the natural I
ne. Previous to 1873, from the year
,01, the parity was preserved at about c
lis ratio. In 1884 our ratio was chang {
from 10 to l to 16 to l over France,
hich had a ratio of about 1515 to l. C
If you contract a debt today payable
/ five years and in that time the value :