The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1899-04-20
Talks With a Manufacturer from q
Conservative Eastern City.
POINTS ON MONEY QUESTION
Brought out in the Course Of Conver-
satfon.
copyrighted by the Mcclures News Bureau.

-
met an old time friend lii Chica-
go yesterday. He is manufacturer
doing business in conservative East
ern city. In the course of our con-
versation, he said:
81 am surprised to find you a sill
verite: thought you would naturally
be Republican.
sin the sense as expressed by Ex-
President Harrison, in his appeal to
foreign powers to help us bring about
the use of silver, l am still with the
party of Lincoln l replied. "You
remember, President Harrison said );
1T is the opinion of the President,
and, as he believes, OF the people OF
the United States with singular unan-
unity. that a full use Of silver as a
coined metal, at ratio to gold
to be fixed by agreement between
the great commercial nations OF the
world, would very highly promote
the prosperity Of all the people Of
the coudtries Of the world
'Did President Harrison write
that? Why he was my ideal Pres-
dentl am surprised
ooh, yes," said l land stronger
silver sentiments than that were used
in the Republican campaign of 1896,
showing that the Republican party
was always in favor OF silver"
''What stronger sentiment than
that was used in the campaign" he
inquired.
1.-The party issued pamphlets show
ing that Republican legislation always
favored the greatest possible use OF
silver, said l. 81 remember one
in which it said: For sixteen wears
the Republican party has commended
for the largest possible use OF silver;
and under the operation of the Acts
OF 1873 and 1880, more. silver has
been coined and put in money use
than in all the years preceding sucl,
legislation, g
"Were the recognized leaders OF
the Republican party like Blaine,
Mckinley and the rest, ever free-si
yer men?' he asked
@ Their public utterances were al
ways for the equal use of both metals.
M Kinley believes in free silver today,
but he is in the hands of Mark Han
ma and the money trust and hasn't
the moral courage to break the bonds
and aid the people in their heroic
struggle for existence.
After short pause, l resumed
"Do not understand from this that
am crazy on silver What l want
is more money; and il gold can be
supplied in sufficient amount to give
us the required volume not only to
check this runious fall in prices, but
also to stimulate an advance and re-
store old-time values and bring back
those good old days Of prosperity,
such as we had from 1865 to 1873,
then gold would be good enough for
me-
calais we shall never see those |
days again, he quickly replied. 81
made all my money then. A man
could not help making money in those
days; but you will never see the like
again. There are too
many people in business now, and
everything is overdone. have made
no money in my business for fifteen
years, and the profits of my mills
have all been swallowed up in the
'hrinkage of what is left. / cannot
get twenty cents on dollar of their
original cost Seel that is where it
mas been sunk. had no business to
own the mills; l should have handled
he product only on commission, and
ct the shrinkage of stock and mills
all on the stockholders. Egad l
,ould not foresee all this. WHY. in
1872 bought 800, 900 of United
states bonds and gave them to my
wife. She has never touched them ,
lnce. With the premium and inter-
st earned on them up to today, she
8 worth nearly aquarier Of million.
lust think OF it'll and had over mil
ion dollars in mill property then, and
could not get 5000, 600 for it to-
lay. How could I2 Some of the
nils are closed, and we have lois OF }
GODS on hand l have sold the }
anne kind OF goods for 35 cents that ;
now offer at l cents per yard, but I
~ customer said he could buv them I
Or II cents, and offered me i cents.
'ou can see il this thing keeps on,
hall be compelled to looked to nv
life for maintsnance Therefore.
link United States bonds are a good
ling for the people, because IL every
ling else fails, and we have United
tates bonds. we can live on them
But, sir, said ], ssdo YOU It ID
20 that the government must raise II
oneyio pay the interest on its bonds, 4
nd do 1t by taxation? And il ev- y
ything fails, As you observed, how !
'uld the government collect this
oney on which you are depending
your last exteremityf And do 2
~ not also see that, had your mills 4
ID products held their original val II
!, you would have remained = y
'althy man?'