Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-06-09
CAPITAL CHATTER.

Auo Whf 6otWoeu kno 5uteF Duks ano Inc
Gold Bugs - Neither Battling for the
Pubifc-Bayae Universally Condemned
CuIbertson's Successor Expectedto Make
His Mark In Congress.
rFRoM A STAFF CONSEQUENTLY
MrAsHINGroN, N, D. c.. June a-The War of the
Roses was nothing to the war between the
silver bugs and the gold bugs. 1t has been
going on for years, but it looks as though a
climax has been reached at last, and that the
country will soon find out whether we. the
people, are to be dominated by those whose
business IL is to keep the currency in a con-
tracted condition, or by those whose only in
terest it is to raise the price of silver and there
by make by the stroke of pen millions Of
dollars.
II anybody imagines that either the silver
bugs or the gold bugs are actuated by desire
TO benefit the public at large, he is more inno-
cent person than had thought remained un-
translated to the eternal paradise. It Is a
struggle between those whose business 1t Is to
lend money, to pinch the money market, to
make a profit out Of the necessities Of their
fellow men. and those whose purpose is entirely
selfish In that they have silver mines or stock
in silver mines to SELL Others not so imme-
diately interested are ranged on the one side or
the other, as they imagine will be most COM
mendable to their constituents, or to that
power in their districts which shapes nomina-
tions and controls legislatures, and that Is all
the genuineness there is in the hulabulloo
about the double or the single standard. Be-
tween the two it is, Of course, evident that, II
the silver men carry their point, the people will
get more out Of 1t than if the gold bugs win.
1t is always better for the people to have
plenty of money than too little money.
and rhn fran -s1-~
doubtedly put more money in circulation, un-
less the power OF the Secretary of the Treasury
were thrown with the money-lending class, and
Tree coinage or q liberal coinage bill entirely
v1t1ated by being made imperative.
Ihe remarkable thing about this discussion
OF the pecunlary question is that not one of the
dlsputants has attempted to 60 to the root of
tiHs .ne mater and treat money as the representa-
tel how only very small portion Of it reaches
the laborer, or producer of the equivalent of
the money and how stringency of the money
market affects first the actual producer of the
equivalent of money, and then less directly the
person who produces nothing, but merely by
hook and crook rakes in a large portion of the
result OF other mems labor. The discussion has
been entirely from the standpoint of the
millionaires, and If anyone has taken broader
view 1t has been the most arrant demagogism,
and the people" have only been referred to In
that vague, grandiloquent and caressing way
common with hypocrites and demagogues
1t Is pretty plain, however, that the interests
of silver millionaires, and the interests of the
demagogues, will outweigh the power of the
IMAM the law now in vogue will put the question
10 the test whether increased coinage will afford
increased circulation. It will not II the gold
bugs can prevent 1t.
No Sympathy for Mr.. Bayue.
THE declnation of Colonel Bayne to be can.
didate for Congress at the last moment
ho hod ha
caused almost as much of . sensation here as it
did in Allegheny county. The ordinary Con-
gresham cannot understand how man in that
position should refuse to take the
office, except it be through an attack Of acute
temporary insanity, In all the history Of con-
sressional elections there is no parallel Co this
act OF Colonel Bayne with its sequel Of his
turning the nomination over to friend who, in
Ills turn. accepts the gift as matter Of course.
md cannot see why the people should have any
hing to say in the matter. For sheer ''cheek'
N politics. 1t seems to me that the logical out
,ome OF the situation would be the nomination |
II Shiras, who stood next to Bayne in the SUD-
port Of the people, and who should now stand |
Who trusted him.
There is no use mincing matters about this |
1t is the duty of every one to /
peak his mind freely in such cases. Bayne did |
~ vusi eous tnihR IN MS Toying Win MS sup
,orters. but that was pardonable on the ground |
hat even at the last moment through whim, |
" through some unaccountable hop, skip and
ump OF the reasoning powers, he should de-
line; but the insult to the people and the con-
entlon OF assuming that the delegates and the |
esult OF the primaries were his personal prop |
rty to do with as he pleased, and his cool trans
er OF the nomination to Colonel Stone, is
imply astounding and its like cannot be
ound In all the annals Of bossism.
he chief actors in q scene SO utterly void of
aspect for the sentiments of the public should
70 allowed to rest upon their laurels of ex-
eedng all forerunners IN lack of appreciation
f the fitness of things This is not my senti.
1ent alone, but 1t is that of every one with
7hom have conversed on the subject, not ex-
epting single one of even those who are per-
onally and sincerely friendly to both of the