The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-12-13

clared and so argued by no journal
more vehemently and more ably than
by the Salt Lake Tribune. And it was
so declared and so argued by that very
paper no more than a few months ago.
The statement tilat, had Bryan beer
elected in 1896 and silver been restored
the minis of India would at once have
opened and silver would have been a
standard money all this world around,
when coupled with the statement that
no such thing would occur now; that
! the success of the silver cause would
mean the flooding of the United States
with. silver from India; that all the
banks would close; that a general and
terrible panic would ensue-that is all
twaddle. What the Tribune declares
would occur in 1900 if the silver cause
were victorious is precisely what the
. goldbugs averred would ensue in 1896
If Bryan were eiected-a silly bugaboo
which the Tribune combated with all
/ the vigor of its intellect. And yet in
1900 itself puts up the very same scare
crow to brighten men out of the silver
camp and into the tent of the goldbugs,
What has come DER the spirit of its
dream? What has occurred since 1896
TO make that a harbinger of bank
ruptcy which then would have been a
/ A4S& oiN W PAOSPC4Aly aoSOiotCiy AVNA.-
ing. The same forces in England are
today in favor of bimetallism that
were then, and the same grinding
money power is determined that the
gold standard shall prevail-the gold
| standard which the Salt Lake Tribune
has often declared to be a greater curse
TO mankind than African slavery.
THE Tribune has frequently backed
the Bee in speaking of the Wolcott
i commission as "a farce and fraud, a
delusion and a snare The Tribune has
repeatedly declared that the only way
to force international bimetaiiiSm would
be for the United States to put Itself on
that basis-then the other nations
would be forced to follow; and if they
did not it would make no difference.
And now the Tribune veers straight
around and shoots at its own standard.
Why? 1t declares that if this coun-
try goes TO bimstallism. the nation will
be flooded with silver bangles from In
dia and bankruptcy will ensue. Hark
we, Mr.. Tribunei Have you not always
argued that under bimetaliism every
dollar stamped by the faith and credit
of this nation will be equal in value TO
every other dollar so stamped? Have
you not agreed with the Bee that any
man who depreciateS the face value of
any money stamped by the government
should be treated as a felon? And is
not that vital part of the silver doc
trine? Have you not always declared
that it is only the voice of the swindling
gold gambler which cries out that a
scarity of money means prosperity.
and that plenty of money points to
panic and bankruptcy? Have you not.
time and time again, published tables
of figures to show that the free and I'M
limited coinage of silver and gold could
not possibly put too much money per
capita in circulation? Have you not
averred that, no matter how much was
coined, every bit of money stamped by
the faith and credit of this nation,
would always be worth its face value?
Has it not been your cardinal doctrine
that silver and gold are alike national
moneys; and that the free and unlimit-
ed coinage of gold without the free and
unlimited coinage of silver is a fraud
upon the nation and the people, de-
signed to still further enrich the gold
gamblers and swindle the masses?
And now, you have the hardihood to
declare that if bimetallism prevails in
the United States, we will be flooded
with silver bangles from India, and
that the result win be the closing down
of banks and a fearful and widespread
panic.
une. You cannot put any more faith
y
in 1896.
You remember that, in that year, it
was declared by the. goldbugS that the
free and unlimited coinage of silver
would swamp this nation with silver
from the mines of Mexico, for silver
minted into United States dollars is
worth more than when coined into
Mexican money You laughed at that,
and so did every other sensible man.
And yet now you try to fTighten the
people with wild tale about the exc
dus of bangles from India into this fair
and promised land?
ITO go still farther. Mr. Tribune:
Don't you remember this argument in
1S96?-you used it yourself. if our men,
DRY is right: That it was foolish to talk
of people becoming poor by having too
much money. But that. If it were
granted, for the sake of argument, that
opening our mints to silver from all the
world over might not be a good thing
the law thereon could easily be framed
to apply to the free and unlimited coin
age of silver mined within territory be-
longing to the United States. The ar
gument then was that the principle of
was right; that the single |
gold standard was a curse, designed to |
rob nation and people in order to still /
more enrich the Shylocks; that silver |:
and gold should receive equal treatment |
at the hands of the government; that |
il was all nonsense 20 declare that there |
could be too much silver, but that !
rather than sacrifice the principle en- |
tirely the bimetallists were willing, if |
forced thereto, to limit the free coinage |
TO American mined silver
And SO if you today, Mr.. Tribune, |
are SO fearful about bangles from In |
Ola. we move to strike them from the |
free coinage list
But you should not expect the Bee |
to follow you in deserving the silver |
cause on the presentation of any such I
That the Sacramento Bee is right, and |
that the Tribune has topped can be fur |
Their proved by the files of the Tribune. |
Very reSDectfulIy