Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1904-08-05
COUNTY TICKET.
An Unjustified Assumption.

The N. Y. World, in a leading article
over a column long in late number
entitled Back to the Old Landmarks"
begins with these words:
"The acceptance of the gold standard
by the Democratic National Convention
at St. Louis was historic event. 1t
marked the return of the Democratic
party from financial sidetrack to the
main line of its traditional policy"
Now what sort of harmony does thi.
boiling Democratic paper expect to
promote by such a false statement?
Does it and Senator Hill expect to
conduct = successful campaign with
falsehood and deceit? Do they rely
upon the stalwart axiom of the bully
ward striker "A lie we'll stuck to is
good as the truth? Do they expect
to base "return of the party" upon
tho fact 80 we'll known that financial
plank was omitted for the sole reason
that to place il in the platform, with
the existing conscientiously divided
opinions held by members of the
party. would have meant inevitable
defeat? Did the committee not tell
Mr.. Parker that he could maintain
the gold standard embodied in the
law, without disqualification for stand
ing on the platform as adopted? Was
it not rejected by the committee and
the convention, a virtual admission
that il was recognized as not being in
accord with the will of . majority OF
the party? Had not the Judge grave
doubts that he could stand on the
platform and conscientiously promise
compliance with the negative implica-
ton of formal rejection of the gold
plank?
What then is the use OF contending
for position that is so plainly unten.
able? Is it not the height of absurdity
to gloat over possible results from a
so-called return to traditionary pol.
ICY" and then endeavor to make i,
mean anything like recommendation
The remainder OF the Worlds long dia.
tribe is an endeavor to make the ira.
dictionary preference for hard money
a currency Of the precious metals owe,
the paper currency and shinplasters
justification OF monometallism, wher
one OF the elements of metallic,
"hard," or safe," or "coin" money
convertible terms in those days-il
entirely eliminated. Nor could oul
ancestors have meant to stigmatiz.
either of the metals with being NOR,
OF fiat" in nature than the other
when they travelled for three.fourthI
of . century in company and closer
companionship on q ratio fixed BY
law, and were endorsed as "sound'
money for many years after demone
tization of tilver, by each recurring
National Democratic as we'll as Repub
lican Convention when any mentor
was made Of currency.
Suppose gold had been the meta
demonetized, would it have not faller
in value the same that silver has de
preciatedi Nor can the blame be lait
on the foreign nations. for it Was tn
act in this country, of 1873, which
raised the question of fixing the singh
unit OF coin value, and they were al
in doubt as to its practicability, whil'
united as to its adaptability for hand
ling financial problems with ease ant
profit. Those across.the-sea friend
have been made literally stool pigeon
by American financiers who now rid
on the very crest of the wave the,
created.
Specie against paper, is all there ha
been in these contentious, up to tn,
the time that silver was surruptitious
ly demonetized, when the law wa
changed without the consent or knowl
edge of Congressman who passed i
under the representation that it wa
simply a codification or compilation o
the currency enactments. The result
OF establishing conditions, whereof.
wealth could the more easily max,
into "corner" in currency, resultet
as was expected and desired by tn