Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1891-03-16
SILVER Man QUIET
since the Adjournment of Congress
Alliance idea.

Alliance idea.
Special TELEGRAM. 20 PEE Register
WASHINGTON, March l5.-The silver
men are not doing as much talking since
Congress adjourned about givinSthem
free coinage. and the indications are
that they viii not again be as powerful
before Congress as they We're at the last
session. The parties to be benefited
by the purchase of the silver Of the
Western mines took advantage OF the
inancia, str.ugcncy of the early sum
mer and the general feeling of diScOn-
tent which had been manifested at the
at the polls last November TO impress
upon Congress the theory that the whole
trouble lay in the fact that there
was not enough money in the country,
and that the unlimited coinage of silver
alone would cure the evil The unset
rIrd state % the legislative mind, Con-
.ressmen being ready t0 take advantage
40 any painted busabO0 put before them,
ur t0 seize upon anything that seemed
to promise pacl6car.ou OF the indig-
uaut public. gave rise r0 the silver craze
that threatened ,o result in free coin
|a-e. The panic iu that direction hay-
ing been checked, the probabilities are
that 10 wiII. ina measure. die out before
there is lg0rher rhlnre for 70 Co have
any ey.. results.
During the last days % the session
there was very genera opinion that
tLe most chat could be dcue by those
opposed to tine unlimited coinage OF
silver would bc to defeat DO for the time,
.a ID rr.
when the next Congress had q chance
,o pass upon che question. ON cooler
second th0ugbt-nOw that they have
had time t0 0hgurc Ou thc puestion-men
who We're apprehenS.ve % what the
reN- Congress might DO. have come 20
cine conclusion that there Is not the
danger they first saw boz the situation.
The belief thar the next Congress is
liable t0 DO anything that may suggest
itself lu the way of wild financial iegiS-
lat.0u grew out of the contemplation of
the extraordinary growth OF the Farm
erS' Alliance movement and the idea
that it would have positive influence In
the next House.
The Alliance idea viii have some iu-
1ueuce iu that body. no doubt, but it
will hardly be strong enough 90 affect
the policy OF Congress. The Alliance
members being radicals OF the most cX-
treme sort, an efforts to placate them by
concessions will Doe discouraged, aud the
very wild demands they viii make for
financial legislation will be more apt to
strengthen the opposition 70 free coin
age than 90 aid the movement for the
......-.., 4r,r eL.f- Etar r,t.,rntr rh fiU.-nphv
which they preach with the greatest
freedom. advocation ~ the abolition of
the national banks. aud the unlimited
'sSue of treasury notes, based on no other
security than the credit OF the gov
crnmeut. will clearly indicate
what is the ultimate thing aimed
at. and that the free coinage
Of silver is only the first step toward a
creenback currency ot uncertain value.
Then when this becomes apparent many
mon who might be willing 20 try more
silver. thinking that perhaps there is
not enough money iu circulation, and
that there may boz mo- danger in free
coinage, will promptly change their
position and oppose the whole scheme
for imitation. Moreover. before the next
Congress meets there Will already have
been considerable imitation of the cur
reucy through the increased coinage
authorized at the Fifty-irst Congress.
10 may be-, too, that there will be an in
crease OF the currency brought about
through the operation OF the policy Of
extravaganza OF the late Congress,
which may render necessary the issue Of
uterconvertible bonds