The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-09-17

sas City platform would bring about the ,
destruction of all the conditions neces-
sary 10 the continuance OF our prosperity.
It would also unsettle our whole govern
mental system and would therefore dis
arrange all the vast and delicate machin-
cry Of our complex Industrial life. Above
all, the effect would be ruinons TO our
accounts. If we are TO prosper, the cur
rency of this country must he based
upon the gold dollar, worth 100
cents. The stability of our currency has
been greatly increased by the excellent
financial act passed by the last congress
But no law can secure our finances
against the effect OF unwise and disas-
trous management In the hands OF un-
friendly administrators.
mo party can safely be intrusted with
the management of our national affairs
| unless Il accepts as automatic the truths
recognized in all progressive countries
as essential TO a sound and proper system
OF finance In their essence these must
be the same for all great civilized peo-
pies In different stages OF development.
different countries face varying econom-
ic conditions. but at every stage and un-
der an circumstances. the most important
element In securing their economic we'll
being is sound finance and honest
money So intimate Ia the connection
between industrial prosperity and sound
| currency that the former ia jeopardized
| not merely by unsound finance but by the
| very threat of unsound finance The bus-
| ness man and the farmer are vitally In
| terested In this question; but no mans
| interest Is so great as that Of the wage
worker.
IA deorSriated currency means loss
| and disaster TO the business man: but 1t
| means grim suffering TO the wage worker.
| The capitalist will lose much OF his cap
! ital and viii suffer wearing anxiety and
! the loss OF many comforts. but the wage
| worker who losss hts wages. must suffer
| for the actual necessities OF lfe The
| one absolutely vital need of our whole in
| dustrial system is sound money.
The Trust Problem.
zone of the serious problems with
| which we are confronted. under the con-
| ditions OF our modern Industrial civiliza-
| tion, is that presented by the great busi-
| ness combinations which are generally
| known under the name OF trusts
"The problem IL an exceedingly difficult
! one and the difficulty Is Immensely aggra-
| waited both by honest. but wrong-headed
attacks on our whole industrial system
! in the effort 70 remove some OF the evils
! connected with II. and by riischievous ad-
vice of men who either think crookedly
| or who advise remedies knowing them to
| be Ineffective, but decming that they
NAV. by darkenlng counsel achieve for
| themselves a spurious reputation for wis
! dom No good whatever Is subserved by
/ indiscriminate denunciation OF corpora
| ,ions generally and Of all forms Of in-
: dustrial combinations in particular; and,
1 when this public denunciation Is accom-
| panied by private membership In the
| great corporations denounced. the effect
| is. Of course. to give an air Of instnceriiy
| TO the whole movement
Nevertheless. there are real abuses,
and there is reason for striving 10 remedy
those abuses a crude or iil-considnred
| effort to remedy them would either be
| absolutely without effect or else would
| simply do damage.
Remedies Suggested.
"The first thing TO do is 20 tnd out the
facts and for this purpose publicity as
1 20 capitalization. rrofiis. and all else of
| Importance 20 the public. ~ the most use
/ ful measure. Tho mere fact Of this pub
licity would IN Itself remedy certain
evils and. as 20 the others. it would IN
some eases peint out the remedies. and
would AZ least enable us 20 tell whether
or not certain proposed remedies would
| be useful
/ THE state. acting ia lts collective caps-
| city. would thus first find cut the facts
| and then he able 20 take such measures
as vision dictated. Much can be done
I by taxation Even more can be done ~
| regulation hy close supervision and the
/ unsparing excision of an unhealthy. de-
| strucfive md anti-social elements. Tho
I separate state governments can 10 a
I great deal. and where they decline 20
/ cooperate the national government faust
Question of Expansion.
while payiuK heed 10 ths necessity uf
/ keeping our house N order 81 home. ira
I American people cannot. u they wssh %
( retain their seif-Tesrect, refrain from doc
/ iag their duty ns a great nat!on ~ the
I world The history ~ the ratiAa g.. IA
/ large part. the history of the nations sx-
( pans.on Yghen the arst continental con.
I xreea met in TAterry har ARA The thirteen
{ original states declared themselves ma
! tloa fhe westwnrd Hiatt ef fhe ea3ntfy
was marked b. tbe Ailcgheuy mountains
( Eytn dWtinR tha Revolutionary War the
( work % expansion weri on
! "Etatucky. Teu1essee and the great
/ Northwest then known as the fliinois
! couatrs5 wrge conquered from owr white
{ ana iadiNu fees iattuz the Heyo' JtiouHry
I struEeie ard wss canavsreG 70 So bg fhe
4 treaty ~ nfaen ln i7S8. The 'and fhma rpn-
Z crne3 was net faen FiVen 20 VS. r. WNs
+ heia hy an allen fae unfl the army and
+ Csen Anthony Wayne freed Ohio from fha
red man while the treaties ~ Jay ara
I Finckney sneareA from tho Spanish nna
British. Satehsz and Detroit.
/ The Louisiana Purchase
s'In 1888. under President Jefferson ire
{ greatest single stride in exps lsian that
! we ever took was taken b. the purchase
az the louisiana territory This sa-cslle1
/ louisiana. which Included what are pgw
/ the states of Arkansas. Missouri, feuisi-
sls, Iowa, Minnesota, A21&As, Ss8T4-x@.