New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-12-22

Inr
-. as 10 the consolidation of The various stan
g. The Locust Commission is preparing
A.. material for its report Senator Patter-
.,r's condition is said to be serious Ne"
,-oof will be brought forward IN January as
m C.. Butler and the Hamburg massacre
Az ALARMING DANGER AHEAD.
-.. .,,r,-rrr< oF NA1IONAL CRUDT-THE LIGHT
,yr,cgr SILVER DOLLAR BILL LIKELY 10 PASS
o,v.pgs>-ACrlvITY OF IllE KEPUDlAIIoNlsTs'
IVY TELEGRAPH To TIE TRIBUNRI
-. ..,,,,,.r,v. Dec 21.-The Bland Silver hill IS
..,.,.. tbe senate when Congress reaSsen-
.. NJ event Of the future Is more certain. IL
-, n. amended so that free coinage for private ac-
- shall oot Dee allowed. The amount OF iegai-
- silver dollars issued may be limited To St'-
ON on, 2 month. though that would be an amount
-. tj,an f,ur times as great as the silver coinage
FAN tie double-standard countries OF Europe COM
t,,s3 France. Belgium. Switzerland, Italy and
Greece during the present year, and more than elsh'
times rs great a. the silver coinage Of France with
rorahtion almost as great as our own for the year
is77. But the passage Of the bill seems certain.
I,tbis il, the form in which the bill is to pass 1t
yi1 in effect. be the adoption of policy Identical
viii tbat Of the-Latin Union. Why should not the
hill still further be amended then, 50 as to make the
mint ratio Of gold and silver IN this country lhe
,ame as that IN Europe and to authorize the Presi-
6eut 90 propose 10 the Governments now COM
posing the Latin Union that the United States
Be- admitted 10 their monetary confederation II
a. advocates of the Silver Bill honest
when they express desire by legislation, to raise
te silver dollar 10 par with gold dollar, and main
tan it there. surely they will welcome aid from any
source; and il needs no argument to prove that
$4,000. 600 of people, working harmomously LOT
tits end will be stronger and more likely to succeed
than 100000. This is the apparent object OF
Senator Allison in an additional amendment not
.dopted by the Committee on Finance, of which he
has given notice. HIS amendment directs the Presi-
dent
To invite the Governments OF the countries compos
tng the Latin Union and Of such other European nations
a. he may deem advisable 70 join tue United states IN
conference 70 adopt common ratio OF legatendeI as
between eoq anq slyse' ior cue 1i and ecu
ing xty " relative value between those metals such
United states al such time within six months as may
mutually agreed upon by the Executives Of the Govern
A. invited or any three Of them snail have sgnfed their
willingness 70 unite in the same.
This is a sensible proposition. 1t is one that has
been advocated By all the ablest bimetallsts in Eu-
rope and this country, and might possibly give us
6Oube-standard money, or enable Us TO try an e1-
pertinent with it without that wholesale destruction
Of public and private credit which some Of the silver
nfstionis-s seem 10 desire. But would it not be
little absurd for the United States to remOnetize
ulver on the basis Of ratio to gold Of one TO six
ten. and begin the coinage Of dollars on that basis
and then afterwaTd ask foreign countries TO confer
with rs about the ratiOf Why not wait until we
PEE what European nations will agree To-, before We
begin our conagei No great loss could result from
Uoh delay, as this conference would be held within
NJ months.
Bat there is danger that no such amend ments as
tese will be accepted in the Senate, and that the
Bland Bill viii pass in all its naked deformity by
more than two-thiris vote. This Is fact that
ought 10 be looked squarely in the face. The idea
Nat it win be easier TO defeat this ruinous measure
ntel the holiday recess than before, besides being
a. erroneous one, will prove very dangeroush 1t
leads the opponents Of that measure IL any degree to
klsI their efforts.
Itisnot true that the masses Of the people of the
United States are receiving sound instruction on
th subject OF that there are at present any visible
Influences at work for the removal of the mistaken
ideas that are so prevalent especially IN the West
and South. The press Of the country are, US
whole, Cd the wrong side. The newspapers OF New
York and New-Engand, and sore Of those Of Penn
sylyania and Maryland. are making an earnest con-
test and far as their influence reaches, an ehec
tive one, against silver imitation but west o. the
Allegheny Mountains and south of the Potomac
River it the exception, rather than the
rule, to find an editor who has not been
carried away By the sophstes Of economists OF the
Jones and Bland school In the great State OF ONO
where the fight Tor honest money has been repeat
tdy made, and always, when entered upon with
sarnestness and zeal successfully made, the Repub-
bean newspapers are with only here and there All
exception attacking the public credit through their
sdyocacy of the Bland Silver Bill with al
most a. much vehemence rs the Democratic
followers of Pendleton and Ewing. Where
She press fails 70 circulate transformation
On this subject, the greenbaek clubs and
the silver associations are diligently at work The
entire West and South are being flooded with tracts
In which the economy Of truth and the extravaganza
Of lying are carried 10 An extent rarely witnessed,
even in political campaign documents. Among men
who have studied financial topics systematically
these documents would have no effect. With farm
srs and mechanics who possibly never read the
ether side thew seem convincing There are green
back and silver associations Ia Philadelphia III the
Interior Of NeW-lOrk state, and IN almost every
county Of the West. The effect Of their
hbOrs upon public opinion - everywhere
teen In the last Congress the delegations from
1exas and lssiss ppi, IN the House Of representa-
tyes substantially solid against greeuback or
nYer initiation. To-day they are substantially solid
Tie other wsY; and change of front among the
nenber Of Congress from other states IS every
where apparent. il has been brought about by tic
hAlenoe Of the dcmagOgues who have not, per
Iss converted the Representatives themselves, but
rave corrupted the minds Of the people, and thus
forced the Representatives 10 fall into the popular
suent they have created, through fear Of defeat if
NE do otherwise.
The silver infatonists are not idle during the re-
eess OF Congress- Their newspapers and their assoc
CATIONS are constant IN then appeals and money is
beng spent in large sums for tho promotion Of their
What has been done on the other side 10 counter