Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-02-12

brutal effort to oblige him to appoint his
secretary of the treasury from the East,
so that Wall street might control the policy
of his administration. Garfield. however,
took the view that if he yielded to the
pressure brought to bear upon this point,it
would involve serious consequences,
amounting to the loss of political power
with Wall street, and he intended to direct
the policy of his administration himself,
and not trust it, either to the gold
mona1chs of the east, or to
the person who was temporarily
called to the treasury secretaryship.
Arthur came into the executive office, and
in his first message to congress he recon-
mended the demonstration of silver, and
cessation of the coinage of the silver dol
lar, and he selected a secretary of the
treasury equally hostile TO silver coinage
and who has constantly advocated its alb
rogatlon. This is the attitude of
ths present administration. 1t
seeks to set up the gold standard. In this
respect it is anti-Republican and anti
Democratic, but its action and policy is
shaped AMI tinged by the interests of the
East, regardless of the great producing
West, and that which is best for the whole
country
Congressman Belford, of Colorado,
is clear and outpspoken
in his criticism upon the
policy of the treasury department. Con
versing with the editor of the Cincinnati
Commercial Gazette, Mr.. Belford said:
say that if the policy of the administration
is to be adopted, the Republicans will lose the
entire West in the next election, because the
western states Will not submit to the establish
! ment of the gold standard. The country has
reached period when it is forced to consider
material and economic questions. The West and
| South will combine to secure to the people of
those sections a quantity of currency adequate
| to their business requirements, and If Repub-
hcan administration sets itself II IN opposition
to this policy, the West will not sup
port it. The 30,0O0,0O0 people in
the Missississippi valley furnish over
one-third the cereal productions of the country.
They revise immense crops to be moved. They
are becoming largely interested IN manufacture
ing Industries. They are content to receive Sill
yer dollars in exchange for their labor, and they
do not propose that any political party shall dl-
minish the amount of the currency, or depreciate
or dishonor the silver coin which was the coin
of the nation until it was denonetized in 1873.
Several prominent Western politicians, with con-
stituencies behind them, declare that they will
make the silver question an issue in the next
National convention, and if that body
| fail to indorse bi-metalllc currency
they will not support the conventions candidate.
| They believe the conflict between the East and
West on this subject cannot longer be post
poned. They know that the Democrats will
not demonetize silver, and whenever the strug-
gle may come they will unite their fortunes
with the Western and Southern Democrats, and
| thereby control legislation. This is the current
talk among those most deeply interested In this
! subject. They are with the courage of
their convictions, and their opinions are entitled
to recognition and respect"
There is soundness in this position.
No argument is required to convince any
we'll informed and thoughtful man of
the justice and propriety of the ground
occupied by Mr.. Belford and his associates
in congress. 1t will be madness to follow
the policy of the administration to its Ill
innate conclusion, and it is gratifying to
know that that policy will meet with a
sturdy opposition, and cannot prevail
Give the people their silver dollar. Let
those who would rob them of it, beware
| SIN God WE trust