New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-02-09
PLAIN TALK FROM THE WEST.


PLAIN TALK FROM THE WEST.
REPRESENTATIVES, OF WESTERN DRY GOODS HOUSE
DENoUNCE THE SILVER CRAZE IN FoRCIBLE
TERMS.
The Western iobbers in dry goods in this city
are strongly opposed the Bland Silver Bill. Several
who have visited expressed themselves In plain
forcibe language
c. j. stetauer OF the firm OF Settauer. Brothers, OF
Chicago said: n the Bland biz passes 1t will do great
injury business. Between silver and greenbacks, as
the representatives gold standard, greeDbacks are
the evil but IL the deprecated silver dollars are
made legatender shall have to wrestle with three
different staudards-gOld, greenbacks and silver, the
last the least valuable II the size OF the silver dollar
increased to its equivalent value in gold ana only
limit ID quantity were coined business might mort
compIan with the Initiating objects the Bland Dbl
has In view do not see how such law can 90 otncr
wise than prove disastrous trade and what will inure
trade will iniure every branch OF business
and industry. agriculture and the whole coun
try These are the views OF business men III
the West. A number OF benighted iaboring men, VINO
Influenced by demagogues, and many farmers I'M
agine silver imitation will benefit them; and from
what We hear from correspondents, the farmers
have very confused ideas OF finance THE TRIBUNE re-
Gently published letter from one OF these gentlemen
who Imagined that IL the United States Government I'M
pressed the stamp OF ~ upon piece o' ssep era H., p
of silver would actually become ~, Whatever us IN
rinsic value might be- and the answer OF the Ellor vas
apprOnrate. A minister, who II professor az
Little Kocs, Ark. calle, upon me few days og9 on ne
mbucd with the same ideas as IHB IRiBi MES COR
respondent took pains to explain 10 MN shat
no Government conil increase the value OF n
silver coin above the market vaiic oil si, G ~
proportion to gold. Before the professor lett me
he was converted, became "A gold advocate, aha tom
me thai his return 10 Little Rock he would explain
he could 10 enghten upon the subject There are
this city. ready to be thrown into the market ~
any moment, very large number 81 United states
bonds sent from Europe, where the bondf1iieis
sold them, and still are selling Them Ihe BIhhI
silver mines, but the Europeans. VINO arc alreap
overburdeued with silver. Will .hp that metal To tns
MINERS and Will take away our gold insted. Inc peo-
pie Of tins country even those who honestly oc'vou u.
and II The Bland bin were to-day placed before he
Mr. Wan slvcE OF tie firm OF Auerbach. Finch & Van
slyck OF ST. Paul, MIMI, sand - returned from IT.
Paul few days and while was there did noC see
a sii gle business man. out OF Il, vino
opposed To She silver Bill They are, as RUE iai
sighted men, aud to the danger which "A
nincfy -cent dollar viii prUdnce have Just received
letter from my partner Mr. Auerbacn. denouncnS the
silver 1871 in strong terms. Many of tile IA nefs are IN
favor nj silver imagining that large Issue OF silver VIII
somehow lind it, way their Pockeis The cay rest
d,nts who favor tae nil among the Ignorant labor
,rs. led by schemng politicians, and II Is THESE very
people VINO canior for the repdIuon ot the stat
riilrond bonds. about which The IElBCNE gave then
such n scathIns rcpukc. Poicu office seekers infa-
tionsts, repadlatOrs and ignorant men who do know
s g,a. ' BIi Sa"--'"''' "'' wv '"''''''''
J. r. Hamburger OF Louisville, Ky, stated that
he and othcr merchants OF that Place desired 10 Sc,
gold resumption. and 10 have gold standard There
busincas men, lie sdld, - VINO ilNuf tine
OF silver. IL, princlpa! supporters must
looked for the ignorant low ciasses AMI me
f.rinrrs To have an idea that money VIII be-
plentiful that they get II Tor the trouble OF
picking UP and Will buy articles 1t the rates they cost
u prrsrnt Tine arigeis have inc same ldea OF sli'r
that they had OF grcnnbaChs during imitation craze
They allow themselves "a be- influenced by oudnouti"u
politicians. vino the cansc Of ali this II ile b!l
does pass, Western merchants VIII lose coilsiterplc
money b the Of exchange between the West ana
the East, wherr gold will De demanded"
j. We'll OF We'll a. Brothers, Of 81 Louis, salt me
business -. Lrlis are opposed t1 the syor BIZ
and axe NJ srrng me Gay OF icsunpuOn of gOh
payments Many farmers. however. think tha they wii
yet plenty for tbcir produce and pay tHclt
lcbts which they contracted gpld DaSs also ia sill
Vcr that that they viii pay their creditors ~ per
ccnt lee. than what they justly owe them
Iuc representative Of the hrni Of Berlin, Moore & En-
ory 1T Kansas City, said Ir. Berlin at present III
tAis city. and strongly opposed To the rein0neZd-
ton SILVER, AL the members OF the lrD. " 80
are all the leading dry goods merchants and other bust
ness men OF tho town." he continued. except
the grain aud dealers who laner 20 the farmers,
say they VIII have plenty of money and good
TIMES The shrrwd business men Of our town ray that
SILVER RECOMMENDATION VIII be the d.unnatiOn of trade
aud of the town. NiHi Congress would let resume
gold pa ym,uts quietly."
Al thr uihra 0i j. v Farwcl, & Co., Of Chicago, mem-
brr Of m SAID that SIR tarwel anu other Chicago
merchants q ana rdlcued the bland phi ~ III
furious trade and 10 the country IN general sept-
rate ihc advocates ~ SILVER imitation rom the gold ad-
Suclics" hc nd and you Will tut that the former are
COM ostl Of unprncplcd politicians lnd lheir dUlrS,
aut Of have drDts aud want To deiraud lbtir
creditors ia as great an extent "a possible