The broad ax. [volume], January 11, 1896, Image 1

About The broad ax. [volume] (Salt Lake City, Utah) 1895-19??

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Vol. I.
SALT LAKE CITY, UTAH, JANUARY 11, 1896.
No. 20.
THE STATE OF UTAH.
After many long years of wan
dering in the wilderness, and
patient waiting for tardy justice,
Utah has at last been admitted into
the sisterhood of states.
The President's proclamation was
duly issued at ten o'clock on Satur
day the fourth of January, 1896,
and on Monday, the sixth day of
water distilled in mountain gorges,
or medicated by the hand of nature,
our natural resources, our artistic
scenery, our liberty-loving people,
our churches, schools and colleges,
and our whole civilization cemented
by a Republican form of State
government, we as a people are
bound to become the glory of
the West, and the pride of
January, Gov. Wells and the state the nations. We commend the
officials were sworn into office,
and -the new machinery moved
off grandly and smoothly, and is
running as though nothing had
Happened. The sun rises and seta
as usual, but we feel assured that it
shines upon no nobler or more de
serving class of people than are found
within the boundary lines of this
the youngest State of Columbia's
happy land.
Of the pioneers who planted
civilisation in these lovely valleys
and on these fruitful plains, but
few remain to unite with their
children ia celebrating this event:
as the majority of this noble race
have been "gathered unto their
fathers." Of those who still
survive the ravages of time, what
just feelings o pride must they ex
perience, on being permitted to see
the (Consummation of their long
desire. What toil, privation .and
aaguish have these grand men and
women undergone, that their child
ren and children's children may be
blessed and enjoy a glorious herit
age? No wonder their hair is grey,
their cheeks furrowed with care and
their tottering forms palsied with
over exertion. To them, today, we
owe more than to all others, for the
benefits of a home within this
prosperous commonwealth. All
honor to the sires of Utah! Let us
emulate their example, and cherish
their memory. And let us hand
down to posterity the blessings we
'have received unimpaired and still
more glorious.
Utah commences its career under
Auspicious skies. Its people are
moral, industrious and intelligent
as a class; more so than many
other states which have been born
into the Union. We have peace
and plenty within our borders, and
resources beyond estimate. Its
stock and fruit-growing enterprises
are truly wonderful; its agricultural
richness' is unlimited, and its min
eral wealth js inexhaustible,
althousk vet ia its infancy. Utah
isdestisedto be the' greatest min
eral state of all others, and as -a
result, iudastries of all kinds will
.gravitate to this intersaoHntain
atate, . 'IFfith our Wlth-giving
clmate iavigoradag air, pare
following original poem as expres
sive of the sentiments of the Broad
Ax:
OK THE BIRTH OF THE 8TATE OF UTAH.
All hall, youn;: Utah of the West,
Of all the lands we love tbee best.
Press on; tb y hopes are truly great.
Since now thou hast become a state.
All hall, thou bright and sparkling star,
Thy glory shines from near and far.
Onward and upward be thy way.
No one will now retard thy sway.
Within thy gates shall men be blest,
Upon thy hills thy children rest;
All creeds and names enjoy thy soil.
And build their homes in honest toIL
Thy mountains, lakes and rivers free.
Strong, broad and pure shall ever be
An emblem of thy rising fame,
And keep untarnished thy fair name.
May law and right with thee prevail.
And justice reign in every vale.
Be this the spot on earth most free.
To worship God and honor thee.
THE FINANCIAL PROBLEM.
Of all questions concerning the
interest and tranquility of the peo
ple of the United States, the finan
cial question is the most important
of all. To properly guard the
rights of all classes and deal justice
to each, has been a vexed question
at all periods of the world's his
tory. In our own country, we
have been harrassed about each de
cade, with a money panic with all
of its attendant evils. We are just
now emerging from one of the
most aggravating of the kind we
have ever had itbeingbroughtabout
for poorer reasons aud flimsier pre
texts, than any other known to the
.history of the country. But what
troubles us now, more than any
thing else, is how to keep from an
early recurrence of the condition
of 1893-1, and to get entirely out
of the predicament of that un
pleasant period, which still lingers
and, like Banquo's ghost, will not
dowa. Not only are the people in
dividually suffering for the need of
money, but the government itself
is -compelled to exist, as it were,
from hand to mouth, a condition
not only unnecessary, but humili
ating in the extreme.
With the great resourcesof natural
wealth in our land, with our patri
otism and high standard of 'intelli
gence, with an absence of famine,
pestilence or war, with our fields.
teeming with the rich products of
the earth, and our factories pro
ducing all that is needed or neces
sary, we ought to be the most pros
perous and favored nation on the
globe. But we are not; and why is
it, and what is the reason? Where
ever you go, in every department
of life, except that of the money
lender, the universal complaint is,
"a scarcity of money." So we
have the situation explained, viz.,
the people all need more money,
and the government itself needs
more money. Thus the financial
problem is ever uppermost, and we
seem to be no nearer its solution
than we were years ago.
England, France, Germany and
Russia, each have a greater per
capita circulation than do the peo
ple of the United States. Accord
ing to the most liberal estimate we
have not to exceed $21 per .capita,
and perhaps not to exceed two
thirds of that is in actual circula
tion, as a large amount of the
original issue has been lost or de
stroyed, and a still larger amount
is locked up in vaults or hidden
away. So we can safely say that
we, 70,000,000 of people, in this
great country, are doing business
upon a cash capital of $15 to each
person.
It seems strange, indeed, that we
should suffer from such a cause,
when the relief and remedy is with
in our own hands. We suggest the
following plan to relieve both the
nation and the people from this
uncomfortable position, viz.: 1st,
Let us have the free and unlimited
coinage of silver into legal tender
money, at the ratio of 16 to 1, to
be coined from the American pro
duct upon adequate evidence. 2nd,
If the above plan is not ample, and
the government still needs more
money, and is bound to issue bonds,
then let Congress authorize the is
suance of $1,000,000,000 in popu
lar bonds, at 2 per cent, inter
est, payable in coin in ten to fifty
years, at the option of the govern
ment, to be as low a denomination
ten dollars, so as to invite the
as
people of the United States to in
vest therein. Whenever the general
government has sold sufficient of
these bonds to meet the running
expenses, then let the government
invest the balance in State bonds
at three per cent., which would
have the 'efiecWeC keeping the
money of the country moving from
the center to the outskirts of the
nation. t
This latter scheme we have but
cradely presented, bat we believe it
is worthy, of serious consideration.
These bonds would be a safe in
vestment for the masses who wished
to save their earnings, and they at
all times would be available as a
circulating medium. This plan
would certainly be preferable to an
issue of bonds, to be taken by for
eign capita, thereby driving mil
lions of dollars annually from this
country by way of interest. We
recommend this plan for considera
tion. THE ATLANTA EXPOSITION.
O.v Tuesday, at midnight,Dec.31,
the Atlanta Cotton States Inter
national Exposition expired. It
opened its gates on September 18,
1895, and run just one hundred .
days. Considering all the circum
stances it was a success; not in the
sense of a commercial investment,
but in many other ways. Such
exhibitions never, or rarely ever
pay the projectors financially. The
great World's Fair at Chicago was
not a profitable investment from a
pecuniary standpoint. The pro
moters of such shows do not expect
dividends from their moneyin vested;
they are induced to'encourage such
enterprises from pure motives of
patriotism. So it was with
the Atlanta Exposition. While
it paid no profit to those who invested,
yet it has been one of the grandest
successes of the kind, by way of
the education of patriotic sentiment
in the whole country. It has shown
the wonderful progress made by the
colored race since the chains of
slavery were stricken from their
limbs, aud has fostered a better feel
ingbetwecn thewhiteandblackraces
all over the South. This alone is
an achievement worthy of the effort.
It has also taught a lesson to the
Northern people, by demonstrating
that the negro is more thought of
and better cared for by the people
of the South than'they are by their
pretended friends of the North.
Another grand result of the
Exposition is, it has done more
than any one thing, since the war,
to break up the sectional ani
mosities between the North and the
South, and to engender a kindlier
feeling and a loftier patriotism be
tween the two sections. One of
the best means of allaying our
prejudices is to become better ac
quainted with our neighbors. The
fraternal feelings aroused by closer
relations to our fellows, ripens into
warm friendship and 'tends to bind
us together as fellow-countrymen.
We are glad the Atlanta Exposi
tion was held; it will make oar
country stronger and better and
the sentimeats of brotherhood
will be heard and felt all over the
Union.
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