Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1885-09-28

disregard of the uniform votes of
the Democrats in congress in favor of
silver coinage and IN opposition TO the
recognition by the constitution of
gold and silver as money by the dcclara-
ton that "No state shall make anything
but gold and silver coin legal tender In
payment OF debts.n not only attempts Co
mislead the country, but audaciously tries
to bulldozc the president of the United
states. II says, among other things, that
ave fall To see that he (the presldent)
has made any serious attempt 80 throw
the powerful influence of his government
into the scales. - That Is against
silver, coinage. And it adds:
"The fact is, the president
appears to be flirting with tie leaders of
the silver faction The Herald NOT only
makes this bold attempt 10 intimidatc the
president, but Il urges him To disregard
the opinions of the great body of the
party Which elected him, and 10 adopt
the views oi The small faction of Eastern
Democrats who always vote with the Re
publicans ON this question, and on NIL
others which affect the material interests OF
! the country; but IL would urge him TO treat
the government OF the United States as
his own, and 10 weld its great powers
for the advancement of the interests of
the unholy crusade OF the national banks
against the interests, the policy and the
traditions OF the American people and
against the constitution Of the United
| States.
! Cor.--You are aware that Great Britain
| has domonetized sIlyeri In what does our
| interests and policy differ from hcrsf
| Mr.. R.--First, in the fact that we have
/ al
officers swear TO support, and she has
not. And this constitution prohibits the
states from making anything but gold
and silver coin legal tender That
constitution confers certain dele
gated powers on the federal gov
eminent. Among them Is the power $50
coin money, regulate the value thereof
and of foreign COM And It nowhere
gives congress the power TO make any
thing but coin Of gold and SILVER into
money or a legal tender. Aud IN saying
this / am not unmindful Of the recent de.
clsion OF the supreme court OF the
| United States, In which 1t assumes the
extraordinary position that congress may
make paper legal tender because
| 1t is not forbidden TO do SO by the constl.
tuition. Secondly, because our condition
and the interests of our people are en-
| tirely different from those Of the people
| OF Great Britain. She IS the great credi-
tor nation Of the world. The dividend.
paying property Of the English people
consists largely In the bonds they bold
upon the governments and corporations OF
| other countries. And the policy OF Great
! Britain has made many Of her people the
! recipients OF fixed Incomes eXtorted nn-
| Justly from the labor Of other people.
! And she Is not sllycr-produclng country.
| ON the contrary the United States, the
several states aud the numerous corpora
! lions OF this country are debtors 10 an
enormous extent, amounting 10 Dill
| lions OF dollars; and ours h the
/ largest silyer-producing country In
| the world, producing 40 per cent OF all It's
silver. Besides this, when oil this In
debteness Of the federal government, of
| the states, and Of our corporations, as
| well rs all the private Indebtedness Of the
country was created, II was on the basis
of the gold and silver OF the country, and
PAYABLE In gold aud silver unless other
I wise provided by contract Now If the
English and other creditors were allowed
10 change and 20 violate the law OF
t,ie contract for payment, and 10 de-
mand gold alone, Il will be seen that the
difficulty OF making payment wonld be
greatly Increased and the value Of thcSS
credits would be greatly augmeDiaM
thereby, aud those receiving liked M|
comes would get more In value than NJ rs
would II payable In both gold and silyeN
besides, when II Is said Great BritaI
has dcmoneiized silver Il should I'd
De forgotten that she has p5,00o,0OO NJ
i subsidiary silver coin, with one-haH
grain 10 the dollar less silver than thcfe
i Is in our dollars, and that there silver !,
al par with their gold There Is no tall
about fiat silver money there, such az w
have here.
The national banks with AL their none,
and hired or intlDidated advocates, In
Guiding the yenal newspapers In their sup
mort, viii not be able 10 oyerawe or u
deceive the American people, nor e
change the policy OF the country, or per
spsnently 70 subyert III constitution.