The morning news. [volume] (Savannah, Ga.) 1887-1900, 1891-06-21
sILvER MEN I'M sEssIoN.
A B-metallic Basis the Only Bulwsrk
Against Bankruptcy.

AkoAhSN DahHA ARsS1s
NEW YORK, June 2o-The national ex-
ecutive silver committee met at the Hoff-
man house last night, and was in session
again to-day. There were present Gen. A.
J. Warner OF Ohio, chairman; Gen. Francis
G. Newlands Of Nevada, vice chairman; L.
M. Rumsey Of Washington, secretary.
Hon. Edward s. Pierpont was unable to be
present. Senators Jones and Stewart of
Nevada were at the hotel. and gave the COM
mittee the benefit OF their advice. AS
a result OF their deliberations the COM
mittee gave out this evening a long
address TO the public, in which they say
The national executive silver commit tee
desires TO call the attention of the country to
the object lesson which is being exhibited in
the desperate struggle Of the great financial
institutions on both sides of the Atlantic to in-
crease the gold reserves to avoid bankruptcy
and ruin ana that any increase by one neces-
sarily diminishes the reserves of the other.
AN ARGUMENT FOR BI-METALIsM.
An argument in favor OF bi-metalism fol-
lows, in the course Of which the address
says:
Had 1t not been for the increased coinage of
silver under the act OF July. 1890 we could not
have stood the drain of gold recently going
on without the precipitation of a panic and
prostration of business. Gold and silver with
out limit are money by the constitution. and
people. This is the paramount issue
in this country aud should be made
such In the elections this year. All other issues
are involved in this and cannot be separated
from it. The power to wipe out the fraud of
1873 is with the people and they should see that
none is given the power to represent them in
the legislatures of the country or the Senate of
the United States who cannot be depended
upon to advocate and vote for full restoration
of silver to its constitutional place as money
equally with gold.
The address quotes the silver plank in the
platform of the Ohio republicans, which it
calls pretended silver plank" and says:
We regret that the republican state conven-
ton of Ohio has practically declared against
the free use of silver as money aud in favor of
treating it as an ordinary commodity.
CUTTLE FISH POLICY.
It is true the convention paid to
silver the compliment which vice pays
to virtue by adopting the cutie fish policy
of darkening the waters to conceal its purpose.
The danger of openly advocating a gold mo-
nopoly forced the leaders of that convention to
attempt TO conceal from the people their true
sentiments by the use Of misleading and am
biguous language. If the silver OF the world
and all tnat can be produced cannot be restored
TO its place as money to supplement gold bank
ruptcy and ruin are inevitable, unless some
other kind OF money shall be devised to take
the place of both. Let the Ohio conveus
ton, representing the gold trust, take warning
that If silver cannot be remonetized gold will
be demonetized and paper substituted for both
gold and silver The people will not be de-
stroyed for want of money. The gold trust bV
rejecting one of the precious metals, has taught
how both may be rejected The radcalism of
the Republican party of Ohio for contraction
is In danger Of being met by radicalism for
imitation. The time for subterfuRe and am
biguity of language is past. Platforms intended
to deceive voters are insulting to the intelligence
Of the American people.