STEWART'S OWN WORD'S
NEVADA'S SENATOR ONCE TALKED
WISDOM.
Out ol His Owo Mouth His Deluded Follow- 80ld in mt COUntry, on the circulation ol
ar. Mnv I urn lha Inevitable Coaseouea- 'he country, which would distribute itself
n may Learn tne lueviwDie vousequen accor(lmg lo tne lawg o traae throughout
cei ot Free Coinage. the country. January 23, 1S74, Congres
sional Kecord, page Wti.
We hesitate whether we will give the
1 laboring man a dollar which has purchas
Senator Stewart, of Nevada, was not al- Kate whether we will stop the specula
ways the chamblon of the free coinage of tion In gold in New York. We hea
liver that he now Is, as the subjoined,
4 v.. u v v it p -
furnlahed by Xr. B. a. noDinson, wm
show:
Senator William M. Stewart, of Nevada,
was an uncompromising advocate of the
gold standard until the close of his second
term In the United States senate. He
was elected senator In 1864, and re-elected
ln 186S, his last term closing naarcn , ioid,
more than two years alter tne c
which he now calls "the crime i
r.aii,H Ma nn. n. member of
i-""- 7" . .7 - .
during the three years tnat tnat act was
under consideration, and is recoraea as
voting for It on January 10, 1871, which was
the only yea and nay vote taken on It In
the senate, and Is said to have voted for
Its final passage. ,
Senator Stewart was undoubtedly one of
the best-equipped men In the senate to
pass upon such a measure; he was wonder-
fully keen and alert, and as a representa-
... i I .i t Af.n i
UVtj ui tuo aiaic .u.a". ......
in silver than any other, the probability
live OI tne siate mure inigeiy min
. .t .i . . i .nh.Kl Itv
i n,aai,ian nf
ui ii in uciue itsuuiana ua . -.
i. . . i. k- i ..ni nnnaiHarat nn
u anci ii imu uccii
from April 2D, 1870, to February 12, 187.1,
a A.Anlr.A .mill lha Hlafiiaalnn filler!
II" uttil ucuai w..
144 columns of the Globe, Is so slight as to
render any claim to that effect Incredible;
ami tn entirely refute the charge that
narge mat
vn nf the
Ernest Seyd secured the passage of the
"
States sen-
Impossible
as Senator
act by aeoaucning tne unueu oiaiei
ate with English gold, it being
a...u.. ..u . man aa Bonalm
iu uciiKvc iimi buii -
Stewart could, under such circumstances,
have remained Ignorant of a crime of that
kind hud It been committed.
The truth Is, that .Mr. Stewart was a
most determined and able advocate of the
single gold standard, as the following ex-
tracts from speeches made by him long
after Ihe passage of that act abundantly
prove, lie said: "I want the standard
sold, and no o.iner money not redeemable
In gold."
Let everybody know what a dollar Is
worth. Then the man who goes West to
buy produce will be under no necessity to
Insure himself against the fluctuations ot
. a aa 1
lha m,rr..nnv Ma ran nV th full VlllB
of tht wheat then without the fear that a
change '.n the price of gold wlll br.ak him
down before he gets back to New York.
The wheat wlll be measured by the same
stamiurd-gold-ln Illinois as It is In Liver-
pool, and any man can ilgure it up. But
now It Is a mystery; Ihe whole subject of
finance Is a mystery; and what do we see
everyday? We see tlfhse who devote their
auenilon to It making large fortunes out
of this mystery. Let us do as all the peo-
pie of the world have ' sen doing from the
bt-KlnnliiK. measure tor values by gold,
adopt the standard that all can understand
ami get mi of una mystery. Fenruary u.
18i4, Congrexslonal Kecord, page WJl.
The
you
the
lar
lug 10 cheat him with something else. The n
Is the upshot of the whole thing. The peo
pie will hold right on to that, and they wlll
com. to the conclusion, "I am entitled to
lust as good money ss my neighbor," and
or how many re.)lullon. you pa. they do
out make any difterenrc; you must rom.
tu Ihe .sine roru'lunion that ail otner peo-
pi. have-that gold l. rei-ogniaed a. in.
h.ve-th.t gold I. rei-ognlted a. th.
.nlveisal ...nd.rd of V.I.... It Is th,
. th.t mu.t ht t.ed. It I. th.
u
nan an . tnat mint i u-ea. 11 1. 1 in
nir.aui. by whl. h your wealth must h
te.ie.1; and whether It l. pennies or mil-
li.ui. ajiiaiiet. not. It I. the measure that
must teal .11 wi-.Hh. The wealth of Ih.
l ulled Hiale. I. tested by th. m. nil.
It ha. Ien and al. wlll be th. Imi.h-
tone of mraaiiiement; and when you de.
u. ta thi. c.uniry to ...la InfUt. ih.
em i -m e I need nt snlat.e upon
the tt of a deprec .1.1 riirrency. Thi.
aounirv ha. felt ihetn l-o .ever.ly I. re.
umstlon never will be settled until! ... ounce, and U is not uncharitable' to '!. 1 ' 7"' , "., " . Union. In their efforts to fix slavery as world's finances justify any one ln bellev- me imposition of au income tax. ami .ha
determine the simple question whethert.,uppo,e mat those having a commercial " wT.V.J ,Z permanent Institution, and to establish Ing, that the gap between gold and sliver dft""ci'on of the lnuepndeuc ot ih Juui-
laborlKK man la entitled to a gold dol-;l,U(!rest In it felt that they must do every- H.?1. old n?er. 1 ILm.w. in themselves as as a "Southern aristocracy" will be closed. Gold, following Qresham's cH"f ' .,rmIn 1. .
11 ne earns u, or wnriner you are gu sj hiiic in their bower to improve tne mar-
to that party they will all nnaiiy come un- do. From 1873 to 1878 the Bonanza mines a" :n7lo" ih0M who mbitlons brought on that i" Vhi: in.Vn.rS 15 . " Chicaio Zrm i . r. k"wi",
in it win ami in h a hiat nartv It was a .hinn.j ,..,. lt , mnA rrnm rinanciai editors. faawni .i-i.aa-ia to this country, and that the fears which y""-go piutiorm funher, me uetiara-.
KM. !f In K WB.V;:: SM.vb,S'. c.f.rhirhtorXrm'ien SSS- w,lh a .,mar .rrort KZXI ar.ea.Unnddltn?: P-'-courrd'r.icTnVrax: iZ &
wonderfully. It ha. been a little party In 140,0(10, or within a fraction of 70 per cent "V. hn" " "f nJ ;hlnV,h. .S... . 'o3" A certain class of politicians are portant question (a question not to be de- repression of forciuie iawie,snse by h
thla country occasionally, but und.r Hilsa ot lh, ntir, products of the mines. The ;?'Z, " n?-A l" J ,,." ,V" L, "... busy arraylna; one section of the country elded by abuse of candidates or of psrtlea) f'd of injunctions, are enuugu to ueraa,.d.
Wrlghl, Tom Hi-nton and Calhoun and Consolidated Virginia begym paying dlvl- ,. rs?i? .1 tlnst another, the West and the South h" be glad if some one will cite me to rJu'" by ail good citizens and tht
oth.is. It grew to be the party of the d.ndi My 1874. and In W had paid HO,- ,,,ni. ,S TSiPJL "If against the East. How much of their n historical example that can be studied 0 u the canuidaa.s wno stand upon ,t.
eountry. Th. whig party hsd to adopt It ,,,,. The California mine begun paying lS' Vr.en .h. bohir. from clamor ' du- "' mbltlon I. a sub- f ai" 'h,"",d- .hi"-! t'!!.U u Ui"i
and put It into their platform in order to dividend. May, 187. and to December, 1877. t tXnW mt VMM ,ect ,or thou"htful m" women to Sd2yy any nation ot commercial coni. fca I' n. ditou.s.on of mr.Vm.'i.1
g. t along at all. Everybody had to say ,C,, p.,d l.l.tw.tWO. Twenty Com- at? cfalm to b, the only all vw con1- As ha. been shown, the mo.t "ft glVe. tr" n4mtF 1 " ?or m.I","
that Ih. laboring man w.a entitled to a ock mine. In N.v.da. other than the n1 fl,0JhV C0 'J' f" arroMt. PPO" Progressive time, this IglM.tSwmTiSu clionai. li.r. th... i So I
good dollar. That w.a fought over. Th.y Coniolldated Virginia, paid $47,3,UQ up themaelvea P.rannally I nation has ever known have occurred since change our prei.nt flnanclal policy, b.for. 'ow.ru me n est, .uth
will fight II over again .nd th. .am. party to ixcember, 1877. nln. of them paying f " wjl- . .Lr..- , .wi sliver was demonetised. Ask youraelf. we are asked to turn our back, upon th. fp, ? l0l''l the East by some
will wm. Ther. h.v. been a great many ov.r 40.UW,UuO ot it. ISearly al) of thi. vast "JJf.-J .!,n. n7 .Uv.r and "Dld thl em0T tor h r.monetls.tlon Prl??'P' of ou' Par". hv . Good c iwMPi,rt..V-.P.U,J',.i
battle, fought agamat gold, and gold ha. ,um .e , from th. Com.tock lode, a I".. un, ,2hl. .. on .inn- of llvr- which Is arraying f.th.r ag.ln.t ' fhi df Jath w!.b" ,P",!n''?,,ht. c.u.. o t bonl.t "01,Pe' ' "..! V'!
won ev-ty time. tMd never ha. compro- .pot of ground le.a than 800 feet long and hf&cirtW "., h.lhborhood ag.ln.t neighborhood, ..""p .TfoVVh.'.uccU'fu'li; u5 X. 'aouSf 2
Killed. You a. y you h.v. got up a com. from W to K feet wide. L"; 7,' K tiS ,ctlon MCtlon- com. ,nd b' n.nc.iilj carr'.d ou"? X nni and i.m to Ineinci.nt bu.. ' '
promise Mil on the que.tlon wheth.r gold liutthl.wasnotallofthemoneym.de "'i1 -,,,- ,.!: n, 'rom the people, or the politician. Did "I am In favor of a firm, unvarying , A''juf1'''' reiata.g ta the tariff hava
hall be respected. UoU! ha. made the out of Iheae mlnea; they Increased their . . him.t.ii.t n. . A.am.i.ii.i Li It not originate with the ambitions of the maintenance of the pree.nt gold aland- m,B",""n,n!nt for m. time iwiut. iu
world re.l-.--t It all th. lime. Th. Eng. ock from SM.3O0 .hare. In 1878 to I.U1.. Wl. ""Lme,.?.. t 'in'.".! would-be .en.tor. of th. .tat. 0? Ne- i m oPPod tothe freaeoinag. of , "y. bow.v.r si ght.
Ii.h people on,, tho.i.h. they could get , 1877. and th. profit m.d. by th. .... 1m V"UT" " BOt ,ru" that when the Com- i! fd"TZntT. A"? ,V. t." "So WmZS KgLvSi
without gold for awh.l.. but th.y of the., ah.re. and by .peculating In them u T 1 nZitt! " " lnr to yield It. dlvl- "rot. ot ih. d fl. of the.. United h" & coKwm ihl Bn
h. ,t .0 go bam Jolt.-Jun. U. 1874. Con- wa. enormous. Silver mining I. , he great- . "ndf th WW of Virginia City. In B,.,'.! the rophfo? ?h.UutfcT. wrtM flh.f n'f 'CV.I"""" mu5
gretsional lleeor.1. page 4'.. ..( millionaire mill ever known. ver can be obtained thar I thai if mono, conaequence. began to deteriorate In value; of the North, of the Weat aa w.ll a. of ?.' ot W"m J- Bryn r "'oxt tin"
1 ilal n.,1 rail hn lllll, h Vnil rl'ariaa tt 1'1... I.... In a,! ka I. aa,aa . Hanala. O"1"1'1! I""" in. I Ol mOIlO- ... . . .... ,v. .... lha fa.. a.aiani ak.a t'.rSllV. and SO.SItin. lha m.a,
pari irom insi ami iry 10 nmire up an, .urceasriil advocate, or th. rre and un- B.Ptv , .,lm,reaain tha fhi.. MT- '"ran wa. a member of th. way. and i hi mh jar. The government ita. sa.d mai i.
..her n,e..ur. whu h ih. world doe. n-t ,lmtt,d coln.g. of .liver at th. ratio of l f rMo.,S fi commute, of th. house which 2 f,uc .slg.nry of your ounc. ot .Uv.r arl worTi o". ounJi of
recmi... ..u get Into confusion. At. to I, and It. unrestricted us. a. Irg..en. , lu , 'h.i ported favorably th. ao-e.Iled Wllwn blHT S"?"i:!n,S"L?.'Kmf n1' Pr?1v"1 fold, but you know vary will I u
tem,.,,, ,0 reconcll. them It l. Id;, to der money, which would un lout.ted.y re.ul, ,f'Pin?Sy wl h tTrtf rttmS; U " ',rU ,h" wh'n ,h bl Pf ud U adop? "52, 51, protein. UkM " u " on"
l.ia .hout. Ii I. 1.11. to I.Ik .taut com- , mm.,s.m and d. prei-latlon of M"f tZZ Zommy It I. tmT. or wa. placed upon th. fre. li.t. eai.t.n, co ntrSc .. B 'Trod too PiLr "IE ounc ' " Th. gov.rnmenl h.a m0
.r..,..m, on ,y ol of v.u..; our currency lo .bout on.-h.lf cf it. pre.. , ,nn,,.hVful. l'y.1 men to .ever hefr re' olhr Prod, ' four vera. f repudistu'm for m. to foitow. th.t a silver dollar 1. worth lun c.0i.."ui
the world will not .crept Ii. have the ,,.. n im ,f, h Ullrti ,0 L "fc'"''" 10 ""r In"r r" stst .nd th .1st of Id.hoT I It not . 'w.y. urrei-rsiool in thl. you know very w.ll that It Is w is? on?.
iperier... of every nation th.t he. Irird rent, an ounce, or a r.tlo of about , to kn Insult li th.siari' and .trine. wonM "'u, ,hal Mr- Brn "'' forelbl htth. .t.iea primarily, and fa ling U cms. How do you know It? Yau linos.
H; end It ha. been tried In almost eery m, , prn.1ll(.uon had Incressed u . ,;t!2 fl.K'.., ln ' 're. lead. fre. wool i?!, ',"KV,1,'", '.. h fntied b..UM ,n, bull.oa la a aiU.e Hnl J.
.iv.haed M.ina. 1 Hi not let u. try ,tom ! ..(. coln.g. v.l... In l71 to X,Zr that .ulde hi. nlo. hlah trt which w. have? I. I l"?" dome.tlo tr.nqulliity MMb ,7, 1 '"
1. dec.lv. Ih. Am.rlc.n pea.p;.; do not let im.. In And. Which .. almost al"!-,, fid T?a tnJ, tlM'l Bot trut h W. 0W It to th IrepuM 'an. l?uJn2,ZZ?uV,A t"r ot tof uior. n.B M tinia Trlarifota hf
. y f m.K. them b, a. al.rmm, ,0 ,h. .,iv m.neo.ner.. the l, d Uly ofe 71,X0, h.t . enured nf hr! piOTnOT WnlfttoflJZ
korue iHk-u. of lea . 1.1. m h.t w. c.n v. r,n,iwilrm of ,ol.t had mcre.K from 7 ,4rli : " in. P len t nd nl f'""',h of f",t PWHo which lead Siwu or .0 undoub ed co MtuMtonViVSl to th. butcher 10 buy your iTr, lav t-.7
them ..mrtbini of teal v.lue m.r.A0 In 174 th. ,e.r in which th. "Jr r,; b. II m ""r,T r-aative. aft.r a recreant govern'r hd Pt hint a ioJm'Tut Lli
Ihrm a tt....... r.f that I. be l,r ,.,. frm hi. .p-che. prov. " D,r nrm uPn 11 ln .Then. If these f.et. be t,u.. pls.M ,. r.ded ft. bl. duty, acted up'n thi. prin. know. th. dollar a worth only U e.m?
'Vr:'nr;b.h,H,y,n,uft. .n o.r::r-n;--ir rwrjr--;to ',0
..nr. thai I should meniion them; II tnat. t'nlted plat, ten. tor. 1 1... . .. . Ill a ""'T " t - . . JV m.u.r now much w. may differ from .-..i r -"' ""'
l.r. not .im bind of a d-,ec!t.d rur. "ior. .lata, f.ij In th. peffwn.ne. of that I-otil.vl!! CouMr-Journal. th. .uprem. rourt of ih. tfn led Us... t' " . a ' i! " ao,i'1, eul two.
.nr. you net it necessarily ,BI,n. duly, .hmitd not then the goveetwr then The .t. lament of m.nd th.t thsr. I. Li. . ln",B" PuMia question., n. I" """if nt No rn.. of mtst
di.t-sl heeord nas a ML " a rmiBty of h'. .i.t. than tn. not flat money a, wholly unirua n.f... which .hall a.,hV.it it JT.. .," .f . IT " ",0,l e.n-..n .fiord
i. ;:,e.r;.v.r;..rf.ncy t. .,,.,,1.4 it f '"' Ttr.. l. Br ,n - h t- .'.VTSo.d irbrcif'U'fXr: ;:-;r. r?wZ.sz!!rtm'M
.un an.ny ivli. Th. mid tle-m.n provid. U we. unMlur..!. lor tw.ior flry.a that coined, a dllsgenl Inquiry w.. m'nu T" t"r.t to t-nnstro" t th. ,i. J"" "'"'o Itio lusurle. ta wilrh
..a. ..ai it. In ih n grain, a. ws th . day that h delivered himwlf of Then, ,- r!..,mt a Mr ( Ie) ,Ba n.nlm, ,,,, , " " ffem eourt bee.uwi It d.. ..rM Mt.n.i acru.10rr.a4. Bnsl.y.
Ill..r.lla from l.l.n..,. I. iJver pool, th formldsbl ..(fetslton of It o word. W.n I will wot unii. with w,t, , v,r lB lh ,f ,h .oftj -h,u "ll??" ' h' """u L!J?.. .Th.' ,b
...ry P-7t who h.nd.e. th.t gt.iaW th. ...n n.e.,o, to prov. th.t deb... of lnd-yid-,.1. In upholding q ... B,0w,.f ,h ..Wk ,Td It.."' ol.hiThV'.-n. I.. ITdfk if LT1'. '! " J"1
ln.7. hlmaeif ... n.l thrw -..costHHia ' would bn.g , or ,n4 J' 7 -Mft';t Mr. Bry.n. be ... o, ..(..- I. ( I. fr." fiSv.". wth, JumV eV?ho1d d-l if Mr,.. !.
th. gr.m l. 1. rm..n In h . x"in. h"u" '' liirlur-. Ih. whole I renins to n. weighed In Ih. bal.ne wl!h lion war. worth, on thi. bs. h. oeialnal try A eourt e.nnot t ndrpn4nt whirii
lap .y .'ep, h. wdl In.ut. ...nal nuclu. i-n,H..,7 era. ..a ,Pri oi n . opponent - rT- rat), of gold aad .liver .. w.hb.aed. . i"" ' !'". t -ecor r'wmt rtrta. lerwly .ui. ...
..... and .e.y on. between the pr. l'Hen .nd t-rtment won. ,Jh. w caUeA "tfr d.monei i.iton of Th. gev.rnment h.4 aa Idea ot Impriiaini it'XTT.AltJZ"? A"" ."T ""m.nnH ( ,1,, w,lM,;lo(,, a,,,a,!
da.-er en1 ih. .m .... i.a,r. n.mea.r A l lreaa ng Ih. com,. ... of th. old reg.. 1 by a ruMk-.q con. ... v.lu. oa wll and . Iv of ,M?ie! S'.enm, ?en ", Z mii tof' U IUnatloi. a-X
l.,in. ruriency Ihst th. v.:.,. ( wh..t wa. but a ye.r .14 Mis, TTIJ !ltT.. Wh,,n" It s-uaht I. find .ut wh.l Ih. fart. w-tr.o" ' "'"," " ' '". pr-.tl la Ih, VM i
la l.l.n. I. 11.. rK m Uy.fp.l. I.M th WcKmley Nrn..he4 an matting "t a. a ..t .n.nM .1. w.r. wOTla . th. airl.t tsi , h . snon.i.ry hi.mry. Thar p,, , L.
l of tr....i,.T When ,i h.. . b.n-t th f ran la of pto..( . ,Bj f .JJ0""1'" .J1"4, '"T'- kt . ...rrp en ,! w,8iJ ,.47, t. tui. au.h.lemor.i eP-Mium . ps,,,,, u J
.p,i..M ro.r.nc yq Mt not ""I ""oney la tin. e.rr.p ge, when k !J.t. '-' ...rafU""",' M b, 4 eonpany th law .ndHl... Hr ., ,,, n3'r)..t.oa '"" J? 'eel . wa,
I. las. lr.l ! t,.ft.,Nt.i.n. but ": thee, w.a am tow. worthy 1. 1. e. H snrarlaM (. kees thaaV la MeaaZe. we...... in New ,,. M,4 HH,mlM. Mr read, an e-.4ic furt, rW 7r,3
ye. I. I.e. l,.s ..-c..u.i it.. n.e. "I Ret b wh.l yau Itunk 'h.i , thee. .. .o( a nut. f ras!r.4 rent e-nittii. - h,. h fr 4 m 4 ,M)htg. eJ lni.i:...ni -onriaaa; ' "n'
mm th.t e. eesei mho hi Mr. th. bl I !! IIMInM ae.l h.u.f ta .pen "f ' teaww.y al th. Ca-.4ee, .nd. fa! 'I .h,1'4 .'' ' 1 ' " t't0n 1. not . feesMMaaa-.
WK..I ...t t.k. ... .t tn. eh.e.. M IN IM aU e .f Ih. t'nlted .,.. ,h, UMr '" ,' J" .k-e , tS. lu. m.?! aiVJe't ' 7"aV"'l ,nP WKI4 lly Ua.t ,, t"':
ar... I. g-ld e. n. e ,q.in w, b.m A marv. Ih., . t. mini, of th. ' W"-oM f ,?4 tr,"rit." Wa , " Thi ' ' "
eh.ix. 1. rut twili im .at . th. . a , t"" t . d.mder.iui eoaveailoa la (.(. li. Hiw,i .nd .haitfjiiy Tnui,4 . iiey la th n14 . mat , aaJ
..er .4 Ih. ,l-. Hot . Mi " ' ,W" WBM,U' '' f1 " - tun 1 .aampttoi,, t.i M , . b- ,.,..,,4 M ..leer .. .lng wit Wul
Mraaw y .1l l ! wef'4 1ri. lllt OIN. II w.s year. .-. when wa w.r titer, '"f ''" I !. I -. 4 -... r .. ..M k t, iM a,f.,,(,h. Tbie-TbT fl a , H-.,...
le. w-.t wiil y h.e.t The. y.q e.a Me Wryan a. i ,n h efwH nf .r.,.. n..,..'? wh.l a ruTTi. fc.i .asi " " -w..4 d...r"l Z 'T Imr-. ! ..ft. T ,V ',! "J T e. see. '
k.t. tl lb eureeacy wH'ch yau h.v .ne. t.t fre e n.. tn tk rouairy ' ,Mut!l .a!, i.. "a.. . !'" f'-nt. and a t. bm It I. .4 lr..4. let ...U rw-rtk-Tker. I. mm . Iver--t.n4.ri
" t WIU b.t th wet.4 S wt.l bring In. li.r money of th. wor'4 In aatlaa Jl. L..?. . 5 rf . ',. ."" a!!"" 1 """fJ " ,n l . 4 t frt it. tei.y w.r. rT la tk. wartd taday tfcal ka. .,
.arteear toa. e.a b.t. ail Ik. eattnae ... 1. it,. ... t a..., ...... , r lawked an4 anMna'ed your taasurfxl The .iiusiiuo Nm pi. Be) 1. fc,sa k. fully. Ikaa oeas.ihiea aa aaa
rutr r------ JiJSs;S r3- ykUj tfwS W-iMri:v.
of value that the world r.egnizea you will
ha v. suffloient money to do the business ol
the country with, me same aa they do
anywnere else, because II you have got
crops to move and you nave a necessity tor
money, the world will come to your aid at
prevents your using gold, then you will
have these same diulculties. . If
you adopted the universal measure of
value gold as your basis, then your cir-
culatkm would be flexible, and it would be
much harder to mate a "corner" on the
ing power enough to support mm. we nes-
itate whether we wiil take out of the
ai.w mvk "
nanus of miuaie-men tne capacny to eai
up the wealth of the country. We heal-
ute whether the proiits of tins land snail
all concentrate In the commercial centers,
wnere money is the object of trade, where
organizations are formed for the purpose
0I getting rich on your depreciated cur-
rency and robbing tne producer, we nei-
J '
uy0I1 mem to throttle the banns, to tnrotue
the monopoly, to bring down tne rate ot
interest. This proposition is the very thing
that throttles dishonesty, and It is the vsry
thlDg we want.-U'ebruary 20, 1.74, Con-
gressional Kecord, page 1677.
We have resources abundant to get the
goidi j,'orty million people can furnish all
tlle money that is necessary. They wiii
et lti when gold is Invited to a country
. ... r
like this, with such an inuustrious peupie
. ' ... .
,mo hub, Willi BUUll tt" Jiiuuawwua
v ,. with our industry and our re-
.. " wiu u
sources, i say uieie win ira uu uiaiavuair
. . ' ... t.a
aoout getting suiiiuieiii buiu.
vvtiy. sir. everything we have got is
' J L a i..ni,u . ..a
meattUieU Uy KUIU. 1UI siraiuatn. aaao
measured by gold. But your contrivance
lg 0 uncertain that the middleman reaps
the reward, while the producer is
.. ..
,i u,. ,aa.a,j mhiiA tha nrn.iur.nr is
roBbijl continuously. If you are going to
roooee. continuously, u you mo sums av
naye la la tnig country( you must make
demand for gold by using it. In
r ... rv nHra in haa been treated
. , i . . . . .
every country wnere goiu na ueeu ueicu
unKimUy, where the government has
lav0Jea a depreciated currency, gold has
,ea ,ne country. Uold left France at the
Um, ne undertook this same ey.ueriment.
Uoia Jea England when she allowed lire-
Ucljmabie paper t0 De circulated, and she
had to go back to the regular siandard be-
IonJ atie 00Ujd get it back. Uold lett Hoi-
laml m the game way . . . you have
i.i,i i,. ,,, n, n,,r mnntrv in-
,, nau anrt fnrtv million oeuole will
got you all the gold you want. You
wlll have au the gold you need as a regu-
iat0r, aa a basis for your currency, and it
wlu come vary shortly. The" we shall
i .. , . .. I...H a ..aHainlv
February zO, 1874, Congressional Kecord,
page lli7J.
Ttlese quotations prove that Senator
Stewart not only thought the gold stand-
aid the best, but that lie believed lis adop-
ion t0 De absolutely necessary for the
prosperity of our people, especially the
armer and working man.
There ts one thing which we should per-
haps consider here, and that is that silver
which was wonh Uai an ounce ln 1870,
was, though falling steadily, still worth
ivm ln lm, the year In which these re-
marks were made. Senator Stewart's sec
0nd term expired as above staled, March
4et for lt
The Interests Involved were much greater
lllari most people suppose, and Nevada
wag Ueeply concerned. A few facts wlll
lhow ,hi, better than anything else could
Stewart's effort, that th. permanent set
tiement of the title, of nearly all of th.
ureal mine, of th. Cotnatork lod. wa. due.
,nd th.t he acquired a fortune In mining
,4 mlln, ,llg.o. It Is not unreason-
,bi. to .uppo.. th.t tho.. Interest.,!
alii, to aut'tioi.
would naturally turn to the attorney whose
remarkable ability, great energy and thor-
ou.li knowledge of mining had been .0
.ri vicrsl.la to them.
In iw7 Mr. Blew.rt wa. sr. In elected a
t'nlted rtlates .enator. and ha. since been
on. of Ihe moat resolute, persistent and
.(Tons to Improve th. m.rket for th;r
product, .nd ther. being no other advo.
a.,,. f tn(Hr ni,fr.(, mt atla .. fl.nator
m.w.rt. he w.a. In im. ...In tcied a
oinage am, tale wnether we shall be nonest ana tair; "v at nign values; tne tarmer who uesusu ture9 tn0,e in whom the lust for office has .X j-cais u gov-
of '73," was tn8 senate hesitates; and the senators ap- United States government accept silver t0 cnange his place of residence could And ,tlfle4 ever, lmpuls9 of maniy independ- Unm "ooo of currency SUiri'
the senate .i . tho nB,w,i in aneeehen und call in payment of all customs, taxes and pub- r6adv buyer for his moDerty at reason- . t . L , .ha n f ilY''.ii""0?: ..Wna.t elect did
1 s, wm. in ladi suver nau laneii to v.wtoto i M,v. Bllnll.j ,, . T. , ui u oi ino sisiernooa oi states irom tne uo nuv uenwvo, nor uue me msiury oi 1110 iu uiuer to De a democrat he must favor
...... ...a ..11.. .i ii ii7u... . wvuaa oi.aua uuimi la i.va irucr.u
GOY. McCONNELL'S LETTER.
MHO'S GOVERNOR SPEAKS
OUT
UNDERSTANDINGS.
-
. Dl . t. ih. p.,MI,h.
us iciib ovus iBm -.m .-
r ol the Silver Organ at Spokane, Which
a r
May Be Beneiical to Them.
BOISE CITT, Aug. 14,
"'"
Bpokesmanfteview,
Spokane, Wash.)-
ixentiemen: x notice in your issue oi
. . . , .
. , , .
aSU.i a, uut .
C. W. Simmons, of Kellogg, this state,
whlcfi you have undertaken to answer.
Aa you have invited correspondence
n your columns on the political-situation.
U you will kindly grant me that privilege,
I would like to correct you in your
'
, , , .,, . . . ; . mtia lrj,.J
" "uc. jruu iWc. tuoj iUo
muxm auuepin uyoi rauui,. m .-
ment of customs, taxes and all public
Hues. It does not so accept silver dol-
, jt w
" this w-as true, It would be a sur-
prising condition of affairs. A silver cer-
tincate Is merely a promise to pay upon
presentation a certain number of silver
dollars. Under your interpretation, the
npnm I an. na tr Tamil 1 r tin a nrtatitarl nV tnA
h-j t.
mi. nma nfflnaM hnfr the navmpiit ilnelf
" ... . 7J " , ,
customs officers, but the payment itself
would ha reinnteil.
.... . . ,
Aa T nrennmA von Intend to be fair.
- - r - ,. "
nd give correct answers to the questions
nrononnded to VOU. If you Will refer tO
-- - - - - ... .
the act of February 28, 1878, you will find
It title to be, "An Act to Authorize the
wmasn ui oii oinB un.iiu .iia
to Reatorn Ita I.piral Tender Character."
coinage or tne etanaaru suver uonar aim
to Restore Its Legal Tender Character."
--- y
After stating its weight and fineness, the
Bwbb is as follows:
"They shall be a legal tender at their
'h.V ChAII MA A ao-a tenner At tneir
. ', . , ,, J, l,
nom nal value for all debts and dues,
publio or private, except when otherwise
expressly stipulated ln the contract.
J' ulw'" e,nouBh. Perhaps, to say that
without the latter clause the act would
nt constitutional, because congress
has no right to deprive any citizen of his
constitutional right to enter Into a prl-
vate agreement or contract whlcn Is not
In violation of law.
Tou wlna UP TOUr answer as follows:
2 . 7 T k k k , ,
"Why Juggle further with this point?
Tn9 facts could not be plainer. The 1 go d
JeaeTe ,s 0ela J" , 4a'T xclu9lvely
for tne redemption of United States and
T lallBl Ollf II R ATOlI I t i Q flOlLlP rlQ In rllr Ifl
treSSUry nOteS. It IS hCVer paid OUt In
exchange for silver dollars or sliver cer-
tlflcates. Silver certllicates are redeemed
exclusively 'n silver dollars and silver
jouars are redeemed in nothing.
cts nave been thoroughly established
, ,er9 ,an? teleKram rrom the nignest
officials or the treasury department. Any
9,, h Tuf L"l,eLrrCH!'" Ca"
ln' ".of iaTJ 'r himself."
. h hi ' tv'
, fnt. , ""Peareu yr paper, ine
, , ., , kTi ."if . .1,
w believe tnat tne present
"ve' rr bec"U8
"It Is redeemable In nothing.
Of course, a sliver dollar Is not redeem
.n n7k.. p..V.ri. j
?rJl ZIa .?itmuJri 'nin. nf ' .u ,1.,
iZ wm,lh. ri.im.hii f
the SilV-r dollars would be redeemable In
;?XIZ wm.lr. re..hi.
V mZ? .hil
mTl ,1 St. Q", J
"-"I'0"!
ala Mam
leianam.
I do not agree with you or other .0-
l1,1.,v.".m"'- ,hl h colnag.
" ". lll lira V ' 1 1 1 H H B
of .liver la the paramount Issue. I b.-
fi-va that s. r.mZr 1. 1. Iw. .
"Vna IZ T."."' ,hi ri.
.'l'" 'l', '"i ,h'..',Jm.'.l-,
.nr. of our national government, th. en
forcement of Its taw. and a wlae adraln
latr.tlon of Its buslnei. affairs, t think
when tha representatives of a great po
litical p.rty, like th.t which convened
In Chicago and nnmln.ted Mr. Itry.n.
condemn the president of the t'nlted
State., he being a member of their own
live, and property of th elite, nf that
at.t. .ml a, to n ihst th. mail. ar. not
Interrupted When th. officer, who duty
I'rpwiiirni in inirrnrtu mnn nrni aval t a. . iua ihhf aac sa w mrmm wsr 1 1 H ,,,
It la ta .afaua Ik. I . .
Uvatad grain fields! By what specie, ot
encouragement have olties sprung up like
magic? How has capital been obtained
to build such magnificent lines of railway?
Upon Inquiry you will find that the re
publican party, which your columns now
so severely condemn, is deserving of the
credit lor this progress. Through their
legislation, granting land to the landless,
tens of thousands of happy, prosperous
families occupy what in lBii was a wilder
ness. The protection of republican legis
lation by fostering the lead mines, the
coal mmes, the lumber industry, tne hop
industry, the wool industry, the flaxseed
inaustry. tne wool industry, tne naxsecMi
to"1' Ue QU"'Jr. every
nrhai. knnn.rrv nf vnni atatA haa mariA It
possible for such unprecedented develop
ment. In 1273 not one brick of the now beauti
ful city of Spokane had been laid. Where
your courthouse stands today, the yelp-
ins oi tne coyote migm oe neaia almost
night in the year. Yet. in less than
jju years, which Intervened between tne
- - ---- - . - -
-
uemuueuaauun u whu uu iociim
election, your city attained its magnul-
ceut proportions, although lire, wnn its
be80m 0l destruction, had once swept It
into nothingness.
la th0 tau o at the time to whioh
i reIer( not 0Dxy tn8 property in your
cuy, out au over your sia-ie, wu uwu
, . " "
aoie prices; tne resident oi your city wno
wlsQea to remove could disposeoinis prop-
erty. jut November, ISM, arrived. The
news was flashed from one part ot th oon-
tinent to the other that the damooratic
pany had triumphed; that Orover Cleve-
land waa elected. With baited breath,
thoughtful men and women, In every
state 0f the Union, began to talk of the
pr0bable consequences. Values of all
.. i . a j
classes ot property at once oegan to ue-
n . .n i,..,- .1
Viatac va, ymfwi; aai. ww-s ucBu hw
oline.-until now. after a little over three
' j n
oa-la uBuwiiuu uiuiuuKauuu, acaaa
i i
siuio iU jtjui un., aau cca , urao aaa
your state, will not average over one-half
th. nlnA I, .a.An rla..alnH
' yiim aa, naa naauai VK.iai.i
elected. Is it because the silver mines,
Qr tne mines m the vicinity of your state,
especially your city, are less prosperous T
mt. i k. .. u
RsneRlM.llv vmir nitv. re Iwaj nrosneroua?
The contrary is the case, as you well
wwinmj aa m , i "
know- Have we leag alWer la Oirouiation,
or have W8 had durlng Cleveland's admin-
i-tratlon. than before, or have we less
i. .1 al 1 l. - ... 1,
uu-uu, man uoium, ui ii no ic
money of any kind? The monthly reports
oi the treasury show the reverse to be
tne cage,
Then please eipiam to me why, as a
frlend o the free coinage 0f Bilver, I
ghou,d my vote for tne repregentativo
o a party whoae touon Ig ag latai to
tne business Interests of this nation as Is
tna imoon of the African desert to hu-
man lif - pixnlain tn ma hnw th demon.
etlzaUon of sUver in 187S brought the panic
iiiua u-.vniam ma hn if honnaneri
etlBaUon of sUver in 187S broueht the Danic
that the progress and development of this
nation during the years between 187i and
tne election of Grover Cleveland were
.
,h airav hafnrA In Ita hlalnrt,
In a.ngwering my quesUons, please do
not deai ln y.g.rie, or ldie assertions,
what I say to you concerning the progress
of your state and the nation cannot be
challenged. History Is said to repeat
UBelfi and there are thoge of ug gtm ilvln(r
who remember a time when ambitious
men. men desirous or holding positions ln
thB Unlted atateg genat9 and nouge ot
representatives, men desirous of control-
lng the publlo patronage of this nation, ar-
rayed one section against another, by
tne uge of Rlich opprobrium as "vile Yan-
kee," "black abolitionist," and other epl-
nee, uiaca aooiuionist, ana oilier epi-
thets, succeeded In securing the secession
lney deluged tnis nation w tn fraternal
llon of th" "blest nd bravest fathers,
"one and brothers of the land. It matters
,,. ,a.,i. ... .a.-
not under which flag they fell, the re-
. .
sponslblllty of their lost lives rests with
.a.i, ..ui ait. a.iar... waa Ills nrsi
clamor raised for the remonetltatlon of
Iml Trt t d-
.TQn Kr',?
aa-aaalr.. I. "-.t . . . .... , -
I?,?!!10" 'J JT!.0' th Pol',lcln' ot "
state took up th cry. and s. Montana,
I.lalan aa.4 VI. a.kla.i.a 1 ..... .
Idaho, and Washington In turn were ad-
mltted, e.ch having silver mines, the
tolned with thair nalahHnrina. .i.i..
th Interest of free coinage, hoping ther.
by to a, b.n,flt theV o'wn'c'onn.u.
,n'1- t
I. It not tru that when th. democrat,
ram. Into power they assailed .very In.
du.try of th We.tT I. It not tru. that
W. J, M'CONN-EIJ
Oovemor of Idaho.
THE NATIONAL DEMOCRATS
DEFEND THEIR PARTY FROM AS
SAULT. TnlnM Said by Judge L. L. ftlcArtnnr 10 Hit
eiio.-anue or &ut
Address to the National Democratic Con-
Teatlon at Portland.
-
,-.,, . - ... .,. T
"Gentlemen of the Convention: I thank
.in.a.aia, fn. this wiiorn.A nf
1"" T' SLT I cannot re-
IUU1 GBWCU1 .1111 WUUUCUUBi A bauuvb aw-
ii. v,, . , m . th
taviiato euote ejsj aimaa v v. 4 vvuiu m iuhu u
presence of a more thoroughly representa-
ma and patrioti0 ooay 0l American citi-
,.eng. Every profession, every trade and
every handicraft has its represent-
atiVe In the body of this as-
gembly. There Is a noticeable and
an acceptable absence of political agitators
and 0j tnat other class of pitiable crea-
OUVO, aa a w mk. wa. w- vu. ,w..-
try and o our party, we are here to em-
phasise our disapproval of the results of
yj, Chicago convention, ot its desertion of
democratic principles and its surrender
to populism.
democratlo party, by its history,
traditions and policy, has always advo-
cated gouna money. From the time when
Jefferson created It down to the present
hour the true democrats of this country
. . .
nave known no other principle and accept-
- , .
naV6 KUOWn HO OUlr pilllUipia M.11U ttUUCpi-
n ,r thonrv nf flnannei. The Chicaeo
.T.. .J. ..."
resolution aeciariog ill lavur vi me nee,
.. .. . . . , m
unlimited ana inaepenaent coinage 01 saver
at tn9 arbitrary and false ratio of 16 to 1
... i .aw..a
u unOemOCratlC; lO carry 11- 1IUU
would, In my Judgment, jeopardize our
national credit and affect most disastrously
every wage-earner, as well as every Indus-
.
....... ..aa.aan.ar .anaii a. inrim.
try in which the ingenuity and energy
try in wmcn tne iiigeiiuiiy nun euerey
0f men are displayed. Instead ot being,
ttg lt advocates claim, a panacea for
vrv m thut Rffllet. the state and the
... . iL .
every in mat amicts tne state ana me
individual, It will destroy confidence ln
0ur business integrity, without which no
nation ever attained commercial great-
ness. There are laws ot finance as fixed
and as immutable as the laws which gov-
ern the ebb and flow of the tides. Leglsla-
tion Is absolutely powerless to create value,
Whenever there is a difference between
the commercial value of a coin and Its value
.... rori k mniraii mm mot, anan
upon it, that its commercial value will
ia.. 1. .Ha aa tr, hi.
iinnn It tha.t Its r.ommBrmal value will
try at this time, It is coined on govern-
ment account, ln such quantities only as
will not disturb Its parity with gold. Un-
.
a. Maaaaaa.l aafl Lnllrnl.a .lr.aa
the owner of silver bullion will be able to
take it to the mints, have it coined and
returned to him In coins stamped with the
dollar stamp, and containing 412ft grains
ot standard silver. The government has
nothlng further to do with the matter.
It wlll not be called upon to maintain the
parity or these coins with gold, and they
wm never rise above the commercial value
of the bullion they contain. Do not mis-
understand me; I do not mean to say that
silver wlll always remain at Its present
commercial value: I concede that, if the
Chicago platform is ever enacted Into a
vnicago piauunu is ever enacieu 11110 a
law, It will temporarily rise in value, but I
law, win now out 01 tms country, ano we
simple.
"I am aware that many eminent and
many worthy men hava tha fullest pnnft.
rnnr worthy men have the fullest conn-
S aa a a lJ .S. a.
pence that the free, Independent and un-
' - -. -a. ... f ... ai.aa u".,
rn by commerce, by trade, by agrlcul-
,ur' r l-""' of Pld
m'X th. h.sh..t standard known
Ml IIIUI VT UI I II V II IK 11 C
to th. civilised world.
"Th. Chicago convention utt.rly Ignored
.a.. a a- . ... , .... . . t .
that fundamental orincliile of th. demo.
cratlo pany which declares In favor of
th. Urgrst personal riant and liberty of
. ,n,,vlaui " privet relatione, fre.
ft SSV iJtlVl.Vo
rn.ae eurh contract, a. In th.lr Jud.
ment would best mbserv. their personal
Interest., It I. a false theory ot govern,
"ent and an undemocrailc principle which
'Ho omr ef thi. republle I. .hov celt.
leism Th. deciau.n of any rourt on any
qi.sii i. recotmsed a being the proper
...Meet for e.im .nd d gn.nid ctfSZ
has been estimated at between SLWO.OOO,
Ouo and S2,uuu.uou,000. Placed at the lower
Of these figures, the amount ot silver in
the various forms in use In the "world
amounts to ROUO.OUO.OOO at Us market
value. - Bryan's contention Involves the
assertion that free coinage ot silver by
the United States alone would make this
S4,000,UUO,OU0 worth t,UUO,Ouo.DUO. A simple
statement ot what this assumption means
reveals Its absurdity and folly. The "70,
000,000 of people" whom Bryan triumphant
ly declares the United States has. Is a
very large number, but It Is only a small
pari ot tne x.zuu.uuu.uuu or i,two,uoo,ooo con-
tainea in tne world,
Ignorance or knavery, sometime, one.
sometimes the other, and sometimes an
admixture of both, have dictated attempts
at one time and another by various na
tions to make bad money good, and all
have been failures. Bryan, ot course.
does not know enough of the financial
question to have read about this Eng-
llsn and French Bryanism of the past.
We wil, clte ona ',, Arnran Jf,...-
a.i : ; ;ut: . r : .
TJ.TSm3.hJ5
uica
thi meaning nf nhinh h. ha.
- ..0 t aa.a ais, nus t v lucuttj
seu. jseiween aiarcn i, isys, when
S?'?agl un?er,i!?e B'and 'aw began, and
Nf th? shiml?, 1 1 w ,h!e t.H1,? ?pfal
coined is i nd flWure. S mo tm lZ
standard silver dollars and from
middle of 1S90 to the latter date It issued
$156,000,000 of Sherman notes, based on sil-
mraiaaeu ojr me government.
Lii 10 ttUSUIUHUn (
price of the metal? The market value
oi tne syi grains of pure silver in a dol-
was 92. cents at the time that the
Znaeact , Sent lnt0 operation,
fn. T of 1894 w thAts.atA 'i18 ?pf?
Sherman law Sx "n vearsP bulllL' n?
the silver market by the government had
accomplished only this. Free coinage to
jje fure, was not. In operation at any time
?,"" thls Perld- but the silver absorp-
IlOIl WflS Oft ft Rfdla oirav an ah In n
other pmintrv ir , 7h. T " ""y
ULiicr Louniry in the WOrln In nnv aero
other Pniinlrv In tha B,rtVl TI '
yn .J." J.lx, ln an.y. flse.
:"'":".".. .uu?'Ly ana numillatinK
imiure oi tne un ted States to pheck tho
i- oLtaico iu liicck tne
uciamc m ouver, aoes iiryan suppose thai
ijee coinage would send the price up from
68 Cents, ita nrMpnt mmlatlnn i oa.
Wn raaann. w. i T V ""'"", iu 1 i.u I
" reasonaIe being believes that he does
,
New York Sun.
BnmA i
.o r , , re.ponse seems to be due
trom m" tTu ovuu o"...!8"?,''
oum.nn S. ,i ,e.pf"B " f my. li,a
w '
opinion as to the uutv in tne ulee,.t ii.,in
icai campaign of tnu.e who auiure iu tne
principles wmcn h.tnerto nave character-
lz.u tue """ocratio pany.
,hi "l,01"',1:0" 01 notions adopted in,
wlS ii l0TVf'luJ,'!y,lit'"uu'l,l'
to tne doctrines iaich tv1. dv ITtZ
tne uuiociauc pany in in. ' DttVt Is! tu V
n""a "s rejeuuon by aii iuue wno wouid
not bnuou tne uemociucy's eseutiai
lueas ai.u uest irauit.ous.
taoiish
.'i.1J.?a.Clllc'"''0 "aUo"" Invites us to ts-
a vuneucy wmcn wm enium av
property as he woum he to use "1 oruer
10 Pay mem now. Tins proportion is u s-
"e't- 1 uo not say mat an iue au.ocaacs
fT I fl .1 rraA 4.......... . a.
to pay 111s uebts wi.n haif as mucn
Of ttltt tlltf COIUaMe Ot Ml.Ver .1 . ,1. at
b0 uiw-ar-nnn11?-1''0''"' lt.lncr
J?. "1 "arJ "uaZ u , run t'n
lueai of IntcgrlVy . cnang. in tue Taw
which wiii permit a lima who has br-
rowed luu to pay h.s debt wuh eaoa
1 which is worm only halt as uiuou
a"lht " "JL h receives irom the lender,
0r the aSpumUn'i dow? om-'.ai1'1." .Tn
sucn a way a, io contL? tie tSLefa". iudi
ciary in ueciuing questions oi consi.tu-
"una! law. it contemplates a change in
t f"1.1 sonnel of the suprsme coun of the
"h1,6",10 lhe uU "t m recent
.1.1 u''uou
stuuiionai may b rVv.r..7 i.,. , .
indeed, are these, when Ta mau i ?wiu in ai
Di.ed auurovai ,.V .T,i .
nominated in mi "yutuoim "mJirumZt
by injunction." v. me ia.igui.i o
moderallun tha ...i i." . 7 "..
moderation, the wnd lignt of auanby
asfll Fla-Sf t fl ri,tiaVk
snines through.
. t . . V ' . " ...a, h.u.i wr-
I' be .ecompi.shed by voting ior tae
V.'T'l J" '? "e .uppuri Qf v, m.m
hlf' i1'0'
democr.t who auupi. any utb.r com
hlch seems 10 bun wrtl adapted or beu.r
a.i S 1 1 1 a. 1 In lit. a..... ... 1 . .... .
w "- aa.- ua. ., A. fA.M,
Fhlladelphla T.lrspa.
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".u aar- ""PPom ilryan la pi...dnt,
B ,h" countty is under th. fr.e siv.r
regime. Saturday night com, and you
at paid your w.ges-tw.iv .uv.r dol-
I'U1" half .. much a. It used to bur
Tou ar. .osoiuteiy hiu:... And h.
about in. rich ,.. i. .!!:.. a
.f .fl" im-
l Buyer nave on the