Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1891-09-20

STREET.
SUNDAY. .... SEPTEMBER 20. 1891.
Senator Daniel On no Silver Question
We are glad II lie a''o 90 present to our
rca lcrs this morning an ahio, coinprehen-
s.ye. interesting. andioag tutnottOo long,
opcn letter from United states Senator
JoHy ". D,yIrl 60 Mayor Jaws u.
DooiEY. IN which le dlqcu'sc. 81 fully a.
could le done in tho sarno space tho whole
silver problem. The Senator hs' tho 'a"ts
81 lis fugor. cnds. OF course 5, scsr"c-
Is possible for any body e. vsc'cit r'aly
now Wow of that problem. "nog We 'ay.
Therefore. IS at we have inst sad az h
Senator D,SlrI's tor W. say that lie is
n statesman Who uule7stand' the sGbJcc:
he treats
Senator D,SIrL tells us TINT ths bono
Gratis IN the Cnitol states Ser ate followed
the wise leadership x ", VS.. = Mis-
souri. IN refusing T. oTcr en amendment
70 tho silver bil.to MAKE silver coins
Legal tender Fl gold debts This power
Senator DAME claims iur Congress, Wo
think IL claims 1t right.ulv. And hero
We must add TIA. tie soyora. States have
the Same power. If wo may draw that III
ference from their conceded power t.
impair tho obligation ~ uslrioIs con
tracts. Senator DANiIL does not hesitate
20 warn tho mouomcts tina; Congress viii
exerci.o THE yowcr II they persist in their
war upon the white metal 10 makes
good point when he SAWS that We cannot
put tie two metals al parity until We
know how far apart they a-o. and that
this fact We can learn only from making
the coinage Of silver a. free rs that Of gold
IS.
Like Judge UUGErs, Senator DaTIEL be
iievcs tha. alittic healthy imitation might
be good thing. We cannot 20 quito this
far. That ]. to say, our faith p not equal
TO that Of these Two distinguished cent.o-
men. Tho most we can say is that W arc
not AFRAID t. try the experiment ~ free
coinage. So MANI aoI 50 great would te
the resulting advantages j! the experiment
should prove successful. There cannot
result ruinous difference between silver
prices aad gold prices. Thousands 4 hide
boards and big boards Of money would
come TO light, and iusiuess would f0w Ike
wide rlyss.
Like Senator DANIEL. we think that s.as
coinage would disappoin, majority Of It's
advocates anl majority Of "a opponents.
The gold mon would b, Ggrccahly disa2-
pointed. The silver Aen would lie DIS
agreeably disappointed. That IS to ray,
thousands Of them Expect benefits to Aow
from FREQ coinage which VII never result
from any sortof legislation. All men can
not be rich mon. nor oven lrosperous lnen.
Senator DaS,rL makes another good
point when he reminds tic monom'tsthai
the trade dollar Ina in il 20 grains OF sill
Yer nine-tcuths fre. AMI tho dollar # Ito
daddios only llzis grams, all yet the laI-
ter circulated everywhere at PIX with gold
whilst tho former was worth Only o.Eh'y
cents. There il some virtue III fat
We cannot wait foT European co-opera-
ton, sa7s Senator pASlri~ We have tired
international conferences. The way 20
coin silver free - - com IL iree-IOt wait
for other nations 70 help Us - do our
duty. We produce 30 per cent of the
us keep II al yar with gold. Tho balance
of trade is in orr favor, AMI we thus con-
trol the money markets, Or rather the pre-
oious-m otal markets We can afford to
lead"
70 put less gold into gold dollar Is
IN effect tho same thing ~ putting moro
silver into a silver dollar. We are unaltora-
bly, opposed TO oither tho one or the other
Of these makeshi Either free coinage
IS humbuG, snare, and douslon, or
else IL is s;a.csmaulike measure. II can
not bs both wise ana dangerous scheme.
"Ihe States" SAYS IA" Senator, can
control the legal-teuler a.pect Of gold and
silver" There - 10 doubt he is right.
But We shall lie told HAT NJ State LEI sla-
,ure can pass an e. post faro law. True
enough but cr po'' 700 law, within the
intendmen, os the Federal Constitution
ore criminal laws. That PROHIBITION means
only tia. no law shall 10 passed making
the penalty for any given crimo greater
than II was in the law as II thus existed at
the time the crime Was committed.
Senator p.NiFL saws that frat Of all we
need an Administration IN favor Of tho
people and Their money, instead OF one
fuch as we have now, and haze hal con-
tinuOns y. Go!n. the viii of the gold Inonopo-
lists and falsely crying out that silver Will
not circulate and tIcs hGi continuously"
IS good
Senator DANIEL says truS that the Gov
ernment is itself tho leader of the gold
ring and IS IT'S organizing spirit. We must
not have such government after 1892. We
must allow the people - como into power.
Woe unto the Alliance mea. the farmers
the planters, all the worAingmen II they
allow another Republican administration
20 cit IN the high places al Washington.
and the force b'll 20 become law Of the
United States. Silver Will at once become
dospised metal. Gold will rule. not Wall
stree; and State street ONLY. tut every de
partmeLt Of the Government and every
bank aud banker IN tho Vnitod States.
The fate Of the repubhc il wrapped up IN
the fate Of silver and Of the force bill.
Doubt Il you VIII. hut IN the near future
your eyes Will bc opened.
Queries and Answers.