The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-16
GREEN GOODS ~ 9oLtncs.


Friends of bimgtalism should read
with care the proceedings in the SEN
ate yesterday when the finance bill was
up for consideration. With a view TO
obscuring the real intent Of the bill,
the senate committee at the last mo
ment reported an amendment which
read as follows:
Provisions Of this act are not intended
% pace any obstacles in The way OF the
aeCampfs nmeHt of international bmrtal-
ism. provided me same G. secured by
concurrent action OF the i.I ling COM
m-rclai nations of The Wsr.I and att a
ratio which s1all insure D-rmanence Of
relative value between gold ana silver.
When this amendment was presented
Senator Teller offered as a substitute a
genuine dcclarat ton in favor Of inter
national bimC,allism i'm this language:
The people of the United states are in
favor of bimetallism and d--lrous Of an
international Agreements with the great
commercial nations of thelNorld thar VIII
admit Of the use of both gD.1 and silver
at such AN established ratio as viii main
tain tne parity between gold and silver
COINS. and the eff0Tss OF th- government
are hereby pledged 10 eHdeayor to secure
such an International ag-eement as
speedily as possible
The first is of the Same gold brick
that was SO successfully r8sgsd of on
the western states by the Republican
national platform of 1886. of course the
france bin is not intended To place any
obstacles" in the wdy of an inteTu8-
uonaI agreement. Neither was the VOL
cott commission supposed To- place any
obstacles in the way Of such an agree
meat but it resulted jus. as fatally to
the silver cause as if it had been
planned for that purpose. The Woicott
mockery was never intended to accom-
plish a bimetalHc agreement; and for
fear it might be successful beyond ex-
pectati0n. the secretary Of the treas
ury let it be known abroad that the
commission was only a political bunco
job to placate victims OF misplaced
confidence.
So with the Republican declaration
of yesterday; the bill may not be in
tended to place any obstacle in the way
uf bimeallism but when IT becomes
law-as it will soon-the possibility of
an international double -tand3rd viii
be as remote as a Rothschild or a
Picrpont Morgan could wish. With a
single gold standard. a law that gives
the secretary Of the treasury unlimited
power to issue gold bonds, with an ad-
ministratiOn pledged to practical re-
pUdiauon of silver as m1ney-there is
10 need of any expressed obstacles -
After a train is derailed and the wreck
burnt to cinders. the matter of Oh
stacles" on the track IS sIperfiuous
consideration
Mr.. TeIIer's resolution. ike the man
himself. il straight-forward explicit,
devoid Of subterfuge 1t says what cv-
cry honest bimetalIist in the country
hopes for and what every Euid-stand-
ard. houd-shayinc banker OF Wall
stralt hates 10 have suggested even as
81 remote possibility. If the Gdministra-
ton had any honest desire-or ever
thought Of having one-it wOu:d have
accepted Mr.. TelIer's declaration. BY
IT'S rejection it confessed openly that
Dc IS ~uU i'm The green goods business
and IS r.ady to acct the votes of $ .Ivsl
men IN every party. If only it can get
. those votes under false preJguses.