The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-03-06
UTAH AND SILVER.

Bimetalligm is not dead issue. 1t is
as vital today az it was in 1896 1t is
an established principle, not a hard
times theory. 1t is an imperishable
truth, not a calamity cry.
International bimetallism is out Of
the question. The assent Of London
bankers which Wall street politicians
deem essential to an international
agreement will never be obtained. So
long as bankers and corporate combines
control legislation the people have
nothing to expect. Gold is the money
of the bankers Gold and silver is the
money of the people, bankers included.
International assent being out OF the
question, there is but one way for this
government to rehabilitate silver and
to establish the double monetary stand
ard. 1t is by independent action.
Are we as a nation able to do this
without the consent of England?
Americans say that we are. We man.
aged to get along for century without
asking England's permission TO do
business. There was a time when Eng
land tried to induce US to accept her
dictation and adopt her policies; and
we resented her insolence. Has the time
come when we can no longer assert our
Independence from England? Is that
liberty which our forefathers purchased
with their blood and suffering to be
surrendered now? Why is it that the
very men who urge this government to
regulate the affairs Of the Orient are
the men who claim that we cannot es-
tablish a financial system without the
advice and consent of Great Britain?
Independent bimetallism is possible;
it is desirable; it is essential TO the
welfare of the people; it is the only
solid foundation for the growing bust
ness of a growing nation.
If by a change of administration a
step may be taken towards the repeal
of the Ubiquitous single standard laws
now being placed upon the federal
statute books, there should be a COM
plete change ordered by the voters this
fall. IT will take some time to renOvate
the senate, but the more encourage
ment the goldbug party receives in the
meantime the further from reformation
the currency system is removed.
Independent bimetallism is what the
people want; II is what the money
power doesn't want. The people Of Utah
want it and will vote to encourage
those who are trying to bring it about.
They want it because it will give the
masses a money which cannot be easily
cornered by the bankers; it will stimu-
. s,,r Ho
lie Of the mineral output of all the
mining states: it will insure better
prices to the farmers who cannot count
on famines and wars every year; it
will increase the value of real estate;
lower the rate of taxes and attract a
desirable immigration
Bimetallism, the rehabilitation of sill
yer. the restoration of the money Of
the constitution would be of meal
culable benefit to Utah; it would aid
in the development Of mines, give work
to thousands, furnish local consumers
for the farmers and stockmen, relieve
them of shipping expenses and re-
double business activity in every way.
1t would open up markets in adjacent
states and insure higher prices to all
producers.
1t would create a demand for mining
machinery and present inducements for
the location of foundries and manufac-
turing establishments to use the fuel
we have in abundance working up the
iron in the state.
The general increase in business
would develop and prosper. the state
in many ways. 1t would add to the
wealth of every city and county in this
and in surrounding states. far more
than has our proportion of the gold
brought down from Alaska, and more
than our percentage of the profits of
eastern manufacturers from foreign
trade has been. And for these reasons
the voters Of Utah will do every thing
to encourage and nothing to discourage
the cause Of independent bimetallism.