Los Angeles herald., 1892-04-15

discovery, Ills pIOulueuCc IN nn8nClal
and political circles, as representative
delegate of the national co INVENTION, and
his acknowledged ability, give all his
words special Importance. At recent
small gathering OF prominent gentle
men Mr.. Warner expressed his views
on this great subject freely. This
fact came to the knowledge of
this paper, and an interview was sought
with the honorable gentleman. Mr..
Warner manifested extreme reluctance
to give out anything for publication.
claiming that his plan should first be
announced in the platform of one of the
great parties of the country assembled
in national convention. When assured,
however, that the interests of the coun-
try demanded the best views of the
most reliable men upon this paramount
subject, Mr.. Warner consented to talk,
and said;
"The treatment OF the silver question,
in my Judgment, should be a clean. cut,
businesslike transaction, and such as
will satisfy the eastern states with their
manufacturing interests, the silver pro-
ducing states and territories, the agri-
cultural regions and the capitalists of
the country in every locality.
"There can BE- no doubt that the agi-
tation of the silver question is slowly
demoralIzing the business of this coun-
try, affecting the values of our securities,
abroad as well as at home, and even
causing, throughout the United States
generally, agreements, contracts and
bonds to be so drawn as to provide for
their payment at maturity in gold. The
enormous return of our securities from
abroad is the direct cause of the large
expectation of gold which has taken
place within the past few months. This is
having most detrimental effect upon
the standing OF our securities through
out the world. You will find that the
conservative foreign investor has become
alarmed at the continual agitation of the
silver question in this country, and has
been disposng of American securities
because he knows he can receive gold
for them, while there is danger in the
near future OF his being compelled to ac-
cept silver. Foreign investors become
satisfied that inevitably there must be a
depreciation OF American securities, ow-
ing to the determined effort of our peo-
pie to make silver the principal circulat-
ing medium of our country.
..'.At present the subject ia being han
died by legislators and the political par
ties OF the country about the same as
physicians treat kidney and liver symp-
TOMS"
Il do not understand you, Mr.. War
ner."
why, it is simply this: They treat
the effects OF the evil without attacking
the real cause of the trouble. In other
words, physicians treat symptoms OF
kidney and liver disorders, and call such
disorders diseases, when in reality they
are but symptoms OF kidney and liver
disease.
$50 legislators and the political parties
OF the country are devoting their
energies to effects, without curing the
cause, and thus running one of the most
productive enterprises of America,
without regard to the national financial
health.
Conscientious physicians and our
most enlightened citizens have become
satisfied that Warmers Safe Cure puts
the kidneys in a healthy condition, and
by 80 doing, the symptoms thas arise
from kidney and liver disorders, and
which are treated as, and called dis
eases, are removed, because when these
two organs are in healthy condition,
such Symphonic, which are called by
many diseases, will not be known, from
the fact that the healthy kidneys and
liver prevent the symptoms which are
falsely called diseases.
$50 claim that when we remedy this
evil, which is attacking our national
health, and the effects of which are felt
in almost every business of the country,
whether it be agriculture, manufactur-
~ 81 Lo kol
the fact that the real cause is put in
healthy condition by restricting the
importation of silver to this country"
This is all quite true, Mr.. Warner,
but what do you propose as remedy?"
moment and then said: 81 have
lem completely. 1t is this: To begin
with: I would place nearly prohibitive
tariff upon all importations of silver ores
to time as might be deemed expedient
short utilize the experience gained in
this direction by the banks of England
and France in the regulation of the gold
circulation of the world. By this plan
the present standard silver dollar, worth
bub e.DOOo ~ NCiOc, WOuio again Slaou-
ally advance to its par in gold, as was
the case when the question of free coin
age was being agitated, at which time it
aold at about $l.24 per o.. against 81
cents, the present price. Why should
not silver, which is one of the largest
productions of this country, be protect
ed as well as wool, cotton or iron? By
this method our silver mining indus
tries, which are now being shut down,
owing to the low price of silver, would
rapidly reassume the prominence SO re-
Gently attained, and the demands of our
country for silver for coins and the arts
would be supplied from our own Mines"
"In other words, Mr.. Warner, you
would properly protect silver mining in
dustries the same as other industries
and products?"
"Precisely. BY this plan more than
$55 ZOO, 900 worth of silver now produced
annually in Mexico would not have ac-
cess to this country. Why should we
be made the dumping ground for their
ores and bullion, produced by the cheap
est labor known, and which now come
into this country by the train load?
would then permit the free coinage OF all
silver produced in the United States,
and, although am aware that the in
dustry would assume proportions never
before realized, the product would be no
more than is required for coinage and the
arts. Asit is now, much of the silver