Wadsworth semi-weekly dispatch. [volume] (Wadsworth, Nev.) 1899-1904, 1902-06-10

benefit OF my constituents, ouf never
argued the money question for that
reason. argued the money question
because believed that 1t was necss-
sary to the happiness Of the country
that there should not be a shrinkage OF
the money volume. and misery every
where.
was perfectly ~astonlshed when the
Democratic party, in 1909. put The
free coinage Of silver in their platform,
for the issue had been killed By output
Of gold. There is nothing In following
that forlorn hope. 1t is dead, and it
will be a dead issue, and all money
issues that have lived will be dead. for
as long as VIZ have the present output
Of gold we shall have good times. You
talk about good times. 1t comes from
more money. Never in the history Of
the world has there been a time when
the volume Of money was increasing
that they did not have good times.
Hume wrote over a hundred years ago
that a country with less money. but
with its volume increasing, was less
miserable and more prosperous than
another country with a larger volume
Of money which was decreasing. 1t is
the decrease of the volume OF the
money which brings misery. There is
nothing which afflicts mankind SO much
as a decrease in the volume Of money.
The untold misery that was created
by the decrease in the volume Of
money by the demonstration OF silver
will never be realized. The misery
that grew out Of 1t can never be told.
and | hope 1t will not be repeated. |
am sure It will not be as long as the
gold mines continue. When they give
out it may come. We do not know
when. And then surely you will have
the same thing over again. You will
have all the miseries Of the dark ages.
You will have the miseries Of which we
had a taste between 1873 and 1895.
Now, this provision in the bill gives
the Filipinos a stable currency.
IT OPENS A MARKET FOR SILVER.
to which they are accustomed. 1t is a
wise provision. There are also pro-
visions in the bill in regard to mining
laws. There are mines in the islands
that Dur people want to work. and they
will 60 there for that purpose. because
they will go anywhere in the world for
a mine. We have not only a mining
law. but a law for opening the lands Of
the friars. and thus remove an evil
against which Filipinos have been con-
tending for years. They have COM
planned Of It as one Of their geatest
grievances. and the bill proposes to re-
move ii.
Mr.. BACON. VIII the Senator
permit me1 | have been very much
entertained in hearing the Senator re-
turn to a subject about which he has
not spoken much Of late. | simply
would like TO ask the Senator, for in
formation. whether he still entertains
the same opinion relative to fine act
Of 1873 which | have SO often heard
him express in this Chamber
Mr.. STEWART. That act horri-
fies me more the oftener think Of it.
| think it was the most unmitigated
piece Of cruelty ever perpetrated in any
civilized country; whether ignorantly or
Willfully, it matters not.
Mr.. BACON. Does the Senator
still think it vas a crims1
Mr.. STEWART. If it was know
ingly done, it was al Infamous crime.
1t may have been ignorantly done, but
am afraid some people knew what
they were doing. hope they did not,
because if there is any punishment