Savannah morning news. [volume] (Savannah) 1868-1887, 1886-01-28
Their Purnose Disclosed.


The silver men are beginning to dis
close their real purpose. They have been
declaring all along that the President
and those who agree with the views ex-
/ pressed in his message respecting thu tenn
I porary suspension Of silver coinage were
aiming to demonetize silver. They have
boon very fierce in declaring that the
President is under the influence of the
''gold bugs" who, they allcge, want to
make money dear by driving silver out Of
circulation. OF course those who gave
this matter careful consideration knew
that this sort OF Wild talk had
no foundation whatever. They under
stood very well that the suggestion
Of the President, that there should be
a temporary suspension of the coin
age OF the silver dollar, meant that
ne desired that both metals should circu-
late together, and that silver dollar
should at all times command a gold dollar.
They also knew that the silver men were
insincere; that, instead of wanting both
gold and silver in circulation, they
wanted only silver, although they
wouldn't admit that they aimed at
silver standard. But what does the lead.
ing New York silver organ, the SIM, say {:
In its Mondays issue it SAYS. Thus
mouomctallism seems to he the only safe
and wise course. By our present legisla-
ton this country is moving surely though
slowly away from gold, which is now eur
standard, toward silver. There seems to
be no possibility of arresting this move
ment. Congress cannot he brought to re-
neal the present law providing for
steady coinage Of silver; and, although
the operation OF this law is slow and
gradual, it is sure, and, after a few years
more under it, silver will be our only
standard money, and the gold will be
gone. Win this result be good? VIII it
be beneficial? We think 50. and we see
70 good reason for travelling any longer
toward the benefit by the slow aud cir
cuitous route that we have hitherto pun.
sued"
There can be no longer any doubt about
the purpose OF the silver men. They not
only want a silver standard but they
want it right away. They want more
than .. 100000 silver dollars q month coin
cd. Tney want all the mints IN the coun.
try run at their full capacity coming
silver dollars. The situation ought to be
clear TO every body now. Those who agree
with the President want gold and silver
a. 1t appears in circulation now. The
silver men want gold driven out and silver
% be the standard. VIII the country be-
more prosperous with a silver Standard
Wethink not. What IS the condition OF the
poorer classes in countries where silver
Is the basis Of the currency; What is
the condition Of the poorer classes Of India
aud Chiuaf
Last saturday Bishop Mcryeire, Presi.
dent OF the Board Of Trust OF Vanderbilt
University, received from Mr. Cornelius
Vanderbilt 100000 In bonds which are
now selling az 81 23. These bonds are the
legacy devised % the University by Mr.
William n. Vanderb.lts Will. The
pr0mptne-s with which the legacy mas
been paid is worthy ~ commentator.
This legacy brings up thc endowment Of
the University % tHlo,O)0 in l0ne.rlnnIng
bonds which are wortn over ~ per cent
premium.
A Tennessee paper denies the recent
statement that cong n0ssman H0uk. of
that state educated lImsaif while work.
ing at the cabinet trade ant reading by
nre.lgui a. uilht d. Says ths Congress.
mau DO u0f rlueaDai 1ls iasi lsserf on
BEL doubtless a mIsIabs. 1le T0nnease
tongressmsu certainly Obtained gofy
bad Alnd Of political education duune
zoe cone rHcfloH Hats.
sunday closing Is afl. enforced iu
hee lork i1 t.e pl9 .le II.Itries 900 sln.
haI plaocs. bHt tae Frof Slope Famlrg
h9as'a cad variety snDHs 40 allowed N
f..s. ..l. H.sII dina