The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-06-28
IscARloTs EXCUSES.


Answer a fool according TO his folly. |
Proverbs XVI, 3.
It is of no use to argue with one who |
has no regard for the truth or respect |
for his own record. Therefore. let the
public judge of the sincerity of our
morning contemporary by it's own
words. Yesterday the Tribune said:
1t 0he agitation of the silver issue)
would have the same effect that we Wit
messed four years ago. 1t would fill TINS
land from the Atlantic 70 the Paeitc with
idle men, who could not AFFORD 10 De
idle; men whose families depend on them
for support. 1t would simply renew the
distress which the working classes We're
suffering four years ago today.
A little over two years ago the
Philadelphia Inquirer declared that
further agitation of the free coinage
heresy would cause a renewal of the
financial depression from which the
country has happily emerged" The
salt Lake Tribune quoted this, de-
nounced the editor of the Inquirer as
"a sorry scrub and said;
Who will bring the crash? Would it be
the money lOaners Of New York; II they
were to try it they would simply nave 10
on which they have loaned money. They
would not realize SO cents on the dollar II
they started a panic That is simply put
out as a bluff, because business men 90
not as a rule, cut off their noses to spite
somebody else's faces.
Yesterday the local Republican
organ said further in reference to the
discussion of free coinage in this cam
paign:
Again. it would open this country to the
danger of having the stored silver OF IN
dia pushed upon us in such volume that
whatever the result might be IN two or
three years, II would, during those 1lrst
two or three years, ruin more men than
all the calamities that have come upon
this country since the great war
1t hasn't been many months since
the Salt Lake Tribune said:
For some sinister purpose the subsidized
press las imposed upon people an out
TageOus scare that IN case our hdCoh
should undertake to remOneIlze silver We
should be overwhelmed by oeluge OF II,
when the fact is clear that II there could
be given to us all that has been saved
from the work of all ages, 1t would not
give us, per capita, any more than the
nation needs to carry on It's mighty work
OF completing the development OF the re-
sources of the land we are in. Another
fact is Just as manifest, and Jhat Is Jhdt
thea is no surplus silver IN the world
I'D
ito which would absolutely prevent It's
purchase and transfer 10 us
Our morning contemporary yester-
day morning said;
1t is not true that the principle. Of BIZ
metaIlism is as sacred today as 1t ever
was. for the reason that the arguments
supplied four years ago for the remone-
tization of silver would be but childish
babbling today in the United States
Tnis is also from the editorial
columns of our goldbug contempor-
airy:
The most wonderful spectacle ever pre-
scented TO man is TO see great array OF
suppOSed-tO-b e-lea~ned editors filling all
the cities of the land and holding a club
over the heads Of the people every morn
ing and threatening If, by any arrange
ment. or at any time, the original, prl-
mary perfect money which served the
world for 5000 years can once more be re
stored, IL would be the ruin of the people
'Phe free coinage Of silver Is sacred
principle, and the country never Will be
free from financial bondage until II IS Sc
cured.
In its explanation Of why it deserted
the silver cause our contemporary in
yesterdays issue said:
It is not true that the silver question is
not a haTd-time issue, because all the
to the money volume of the world when
that IS too small
Let US turn to its own editorial page
for the contradiction;
The assertion of the New York Press
that the issue of free coinage IS a hard
times issue and the demand or the blmet-
allists calamity cry IS worthy OF ne
reckless BLACKBOARD who wrote It. 1t is
the rambling talk of a blathersklte or ar
idiot No demand can supply of both gold
and silver enough for the world money
l1se The demands of trade Will exceed
the supply of precious metals. and in good
times the demand will increase faster
than the supply of sold and silver, max
ing bimetallism as essential IN prosperity
as in adyersity.
In yesterdays explanation the follow
ing additional reason is given:
The gold product of our country is equa
10 what the gold and silver product was
eight years ago.
Yet our Republican contemporary
SAYS the business of the country and
the strain upon the circulating medium
has doubled in that time. That bimet
alnsm would increase the value Of
farms and farm products would make
no difference to the Hanna crowd. Theh
organ says further:
The farmers get enough for their prod
slcts: as much as men in business Outsid
OF farming can afford to pay
If times are as prosperous as admin
istration journals would have US be
lieve why can't men in business out
side of farming afford to pay more 70
farm products than the wheat raise
has been able to get for his wheat dur
inS this era OF trust prosperity?
Wouldn't it be wen to revise thos
excuses for suddenly beginning 70 ad
vocate thar the gold standard is tn
best financial basis for the country?