The morning news. [volume] (Savannah, Ga.) 1887-1900, 1892-06-05

The True Meaning of Free Coinage.
Under the title of Democratic Duty and
Opportunity" Hon. Thomas F. Baysrd, OF
! Delaware, has an article in the Forum for
June which ought to be carefully consid-
cred In the south. The central idea Of it is
that the Mckinley tariff bill. the force bill
and the free silver coinage bill are all in the
| interest Of favored classes, and that the Re-
! publican party will not be satisfied until all
/ of them are fastened upon the country.
| That party in the Fifty-frst congress
adopted an arbitrary set of rules that
| enabled it to unseat a sufficient number OF
democrats to give it a good working ma
! jority. Then it satisfied the silver lords for
the time being by providing that the gov
eminent should purchase all of the product
of their silver mines. These mines are in
six states, all of which are republican.
Then the Republican party passed the Nc
Kinley tariff bill to please the manufact-
uring monopolies, and it came very near
passing the force bill. The House did pass
that bill, and it was defeated in the Senate
by very narrow majority.
The silver law Of 1890 did not give the
silver lords as much protection as they
thought it would They believed it would
send silver to par. The output Of silver has
been so great, however, that the price Of it,
after advancing greatly, dropped to point
lower than it had been before the passage
of the law. The silver lords are now dis
satisfied. aud are demanding free coinage Of
silver, not because they want an increase in
the volume Of tho currency, but because
they want a better return for the product
of their silver mines.
II they should succeed in getting free and
unlimited coinage of silver they would join
with those who are favored by the McKin-
ley tariff act in demanding the force bill
These combined interests would demand
that bill because they believe by means of
It they could keep the Republican party in
power, ana they want to keep that party in
power in order to make permanent the
protection secured for the manufacturing
monopolies and their silver mines.
Having thus shown that the Mckinley
tariff, the force bill and free coinage Of sill
yer ''are three branches Of the same stock.
parts OF the same plan Of campaign" and
that they should be overthrown, Mr.. Bay
ard makes an appeal 10 the south as follows:
"When it is thus made evident that the free
silver movement and the bill to control free
elections have the same origin and are parts
of the same plan of campaign it would seem
impossible to imagine a condition of public
sentiment in the southern states so suicidal
as to permit. or in any way, or under any
pretext, to allow the enactment Of either of
such laws to be made possible. AS the case
now stands 10 may be truly said
that the possibility Of the revival and en-
actment of the force bill of the Fifty-6rst
congress, or some measure having a similar
intent and object, can be accomplished only
by the action of the voters of the southern
states. by failing to sustain the party or
ganization and it's candidate logically and
absolutely pledged to the defeat OF all the
allied measures with which the free silver
coinage bill is associated. The opportunity
and the duty Of the national democracy are
clearly in view and logically sustain each
other. The Issues framed by wise demo-
cratic craftsmanship In 1887 and 1888 now
need only to be unswervingly supported in
order to be favorably decided by the great
tribunal Of an aroused public opinion in
1892"
Mr.. Bayard's presentation Of the reason
for the demand for the free coinage Of
silver is a new and remarkable one, but
that 1t has a solid foundation no one can
doubt who reads his article carefully.