The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1900-07-12

eral Office holders at Lewiston. he
opened his mouth and spake as
follows:
But will tell you what the republican
party has done for Idaho. 1t has lifted
it up out of the slough of dependency in
which it was four years ago;it has brought
smile to the man who owns the herds
and fiocks, the man in the forests and
the farmer who grows the wheat. 1t has
passed one of the best finance bills that
ever was enacted by any government in
the world. IL has extended that PERM
cious banking system, which they attack
so strongly, out into the country districts;
every town Of 1000 people can have ma
tional banks and make its own money.
When you can make your own money
and when you get together and issue
S25.OOO OF circulating medium which
Is put into circultion in your own city
or town, doesn't that tend to increase the
circulating medium? That is one OF the
wise financial provisions that the party
has made-the republican party,
II The rotund old man must have
had little of that which, when
drank, makes one to shear the
voices of men and maidens singing
the harvest home" and in his subse-
quent wanderings among the wheat
fields of the farm and the streets of
rural communities, he makes spir-
itual hand spring his bodily frame
cannot emulate. Twas every flop so
magnificent? We do not refer to his
unconscious praise of the four years
rule of the silver men in this state
which he claims is due to the repub-
lican party, but it happens that his
party has not been in the saddle in
Idaho during the past four years,
luckily for the state, and the Slough
of Despond is nearly dry. We refer
to mothers astonishing leap on
the issue of fiat money. Hepburn
has been smashing 'fiat money"
''rag money" ''pop money" theories
like mosquitoes in New Jersey ever
since those calamity principles first
threatened the government x Re-
peatedly has the valiant Hepburn
marched forth to battle against the
once Shiny dragon and hydraheaded'
monster of fiat money. But the fiat
principle now nestles in the bosom
of Hepburn precious thing-brand-
ed republican, / Hear the former
Nemesis of fat money shouting loud
hozannas because the people can
make their own money" as he is
pleased to state it. Any government
where "the people can make their
own money" in the sense implied by
this great fiatist has little use for
monetary laws and would crumble
before Hepburn could make another
flop. But there may be some differ
ence between "the people" issuing
paper money, which he endorses, |
and the government issuing paper
money which he used to fight. 1t
sounds nice from Hepburn, the get
ting together and the "making of
your own money" but unfortunately
republican policies have placed the
American farmer in a position where
the country districts as a general
rule do not have the gold necessary
to buy the bonds which they must
have before the bank can be opened.
When they are opened, where does the
basis of the currency lie? The es-
of large numbers of such
banks, always at the mercy of the
banking trust, simply brings into ex-
lstence an abnormally inflated paper
currency erected up too narrow
gold base and the crash which must
eventually come, would simply be
the more wide spread and disastrous
A little money, little gold, goes a
long way where it can take its turn,
but when it is wanted in many places
at once and cannot cover all, then
comes the smash. Hear Hepburn
rejoice over the ability of the people
to ''make their own money" then
watch the country districts" turn
IN and ''make it" Y The words of
the stuffed prophet of Spokane are
so extremely ludicrous, so much
wilder than any wild expression ever
made on the monetary situation that
'he question at the head of this arti-
lie is natural one.X