Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1886-12-08

4 =
Us cause But the change TO the othe
loot would be dlsadvantageous not ,
matter OF Indifference Now, w,
make limping use of both metals
as Is possible since the difficult,
Is with respect % the less precious metal
which we manage. by the lceal.tondci
power aud tae receipt for taxes, to hold
IN some general use along With the other
rhen, however, we could keep Ia use bu,
one, not the tw0--not even hy leral.tender
laws, or penal laws, Thus the free silver
coinsge prescription and the silver basis
prescription are allke--amputaton OF an
nninlared leg TO cure temporary lamcness
In the other.
Avoiding repetition OF what had the
honor TO say last wister la feply to the
Inquiries OF the house OF represent, tiyes.
| viii add but one suggestion, which
should be fatal 20 tho free silver coinage
proposal. As Gus limited silver coinage
psralyEes, 80 our free silver coinage al
this moment would destroy, The mower Of
the United States 20 promote tho rostora.
uon OF silver 20 It's old and equal lace In
the monetary order.
suALL ritE UNIrRp Stairs PROPOSE MORE
C0NFkRENCKsY
II More conferences, further diplo.
matte CORE apondenco are proposed. |
venture To think, with all due Difference
to those who are responsible for dccl.
sion. that the time for smother conference
has not arrived, and that the moment for
diplomatic Interference Is not perfectly
iolieitous Our Information is re- cent aud
authentic, and Is contained (Sana.e Tx
Doc. No. Ply In the letters OF our minis
tiers acersdlt 4 70 Great Bitaln, France
and Germany, there published, aud In the
correspondence and &C ion Of the English
government which are summarized above.
The continental powers await the &C.
ton of Great Britain, whose reluctance
defeated the object OF both conferences
called AT the instance OF tho United
States, and To whom again, almost within
a twelvemonth, she has turned a deaf ear,
II II suited the dlgniy OF the United
States again to beseige the attention OF
European states, or again TO mako adj.
vances where they have so lately been re-
pulsed, IL would not suit our interests 80
10 do when IL is certain that tho inquiry
upon which Great b ltain has suddenly
entered AT the Instance aud insistancn of
her great dependency, India, and OF her
own accord, is entered upon with an ox.
elusive regard 90 her own interest Aud
OF Great Brltain'S lntoresti the United
States have no call 20 become advisers or
guardians. A considerable chupterin the
record OF both the monetary conferences
IL occupied by disclaimers, on the part of
the United States, of any special or iutor-
osted views, disclaimers not more lust In
fact than they are convincing, 10y thair
necessity, OF the natural distrust which
seal may Inspire among jealous aud equal
states. No interference now can advance
It's object II an inward change Ia.
deed be taking place. whore
outward change has been 10 long persist.
ently refused and resisted A conference
viii be profitable not until after any re-.
luotsnt state has placed herself IA SUD.
st0ntlal accord with former c0nferres
whose concurrent purpose she has long
known and twlc frustrated. Ia short, t.
rs not Tor Great Britain 90 make PROPOSE
lions TO other pnwcrs, And, as not at the
Instance OF united powers, 80 not nj the
instance Of any one OF them, will she
abandon her cherished isolation. 10 viii
be Abandoned, y ever solely because It is
generally perceived Ia Great Britain 10
concern the vital ntorestsof Great Britain
so 10 do. Under no circumstances Will
Great Britain alone open her mint to the
free coinage Of silver, When, II ever, she
perceives her interest TO lie In retraclng
the error Of 1916, abe has the neans of
apprlslug other powers OF n change In her
opinions.
Conferences and treaties would thon DO
In order to practical result
suALL THE UNITED sTATRs nuY MORE
THAN S250,000, 900 Y sIlvRR
III 70 go on as we are ia the least
creditable Of all the courses open TO our
choice
The treasury silver purchase is defend.
ed by nobody, approved by nobodyi even
every vote for the free coinage OF silver N
a vote that the treasury silver purchase
shall cease, au assertion that II ought TO
cease
II has thrown away the opportunity TO
let loose abroad The silver we have kept,
stamped aud stored, and u has discarded
the power u reduce by AZ much the for
eign stocks Of gold, two arguments that
would have had an intulllglble cpgency,
II lisa policy which, " now prolonged
by our hopes, may easily be 80 pr0traCled
thereafter by astute delays and dllatory
proceedings aud ~ the time taken for
negotiation itself as 10 force an AsiAtic
silver basis America.
" Is thus, at least, the remission OF all
control Of the silver question 10 adverse,
II not hostile interests
II dtpryes tho United States Of perfect
equality OF p siiion (nun-colnngc) IN
negGtiatlon with foreign powers.
IL IL an expense nnd lnxation demon
strated by experience o. be Of no avail
for any useful end, Needless as tax,
our silver purchase IL also disturbance 70
the treGsur}, which threatens the curren-
cy without relieving the taxpayer. tits
heaplng M heavy load OF silver coin
diliicult 10 keep, 10 domestic commercial
equivalence With our monetary unit OF
th { unit the silver coins can never be Il
true embodiment az the gold coins are,
by any other means Khan those which
preserve 10 the gold coin ltJ function as
such Gn embodiment viz, open mnts 20
the silver Of the world and Il full legal
tender quality IN the payment OF debt,
Impaired by law 10 any possible output
VI silver CON, thus lnsufing 70 the un-
UNITED metal an equal value with the |
coin. II r., therefore, Quitting |
our currency win deprecated metal, /
while alsj impeding tho o1ly means Of |
reversing that depreciation and restoring |
tB value.
II has been as futile as costly. II
neither gives nor has had a tendency TO
give an lntefnatlons' currency 20 the ell
Yer Of these l20 600, 900 coins. ~ Ia
,reAscs by one the number oi nations bur.
tened with the task Of holding deprecl-
stcd metal NJ iLs old level IN their bimet-
allie fnnnatarV unite Thera IA A single |