The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1893-06-29
sEArrIs. rHIKsDzs. JTsE 20


.ss PaEsspExy CLEVELAND a
!, sTATEsMANs
I: Ii IL reported that President Cleveland
Nh hrs recens appointments in New York
81 seexins the support Of the Tammany
congressional designation for his proposition
~ sepeal the silver purchase Law Of 1890.
sssT Cleveland perceives that the solution
~ The financial problera. or rather the cor
&c sson OF our financial blgnder. must pre-
Nscs any attempt at tariff legislation. Mr..
Ia veland is obliged TO appeal 10 Tam.
suaany sscause the aati-snapper Democracy
tsass hui one representative in congress.
d 10 reported that President Cleveland il
3osand 20 have the Sherman Law repealed
Sac repealed without any substitute in its
slsse, and he naturally prefers to have
7rRncs rather than enemies controlling a
Assiprity in both houses when congress
sssesfs.
So President Cleveland proposes 10 use
Aeis Official patronage 10 serve his admins
iEas,on in .ts financial policy. No fault
ean he found with Mr.. Cleveland for this
.ourse. the welfare Of the country II at
rtase. and he 10 . poor genera. who heal
:sss TO impress tho mules and horses OF
:sis party into the public service. Presi-
yeEt Lincoln did not hesitate to make use
% his power for the sake Of the public
veal. and Presiden. Cleveland must rise
~ the level Of his opportunity and prove
Asinseis either . courageous statesman or
= political failure.
/ President Cleveland hiss great oppor-
1unify. He believes that he can procure .
sepeal o. the Sherman Law within ten
sda,s after he sends his message TO con-
gross asking that il be done. 1t 10 reported
.ahst he believes that he will be able to pro-
..caYe such legislation without anything in
:tae way Of coinage Of silver being adopted
ses subsii ute for the Sherman law. II il
tsr:hs- reported that President Cleveland
IL Ct che opinion that IL will not be posi-
bic 70 reach any satisfactory solution of
:ssss silver question unless the Sherman
:ias sai al. the previous compromises like
the Bland law are swept OF the statute
,ss,oks. Hs 10 going TO intimate 70 con-
etxss In his message. % his friends
way. that he 10 q bi-metallist; that he be-
aieves In the recognition Of silver - money
Soy this government. and that he also be-
sle.es that the United States, II IL acts
- sely. will 10 able to compel the Cont
rem al nations not 30 much TO yield 10
:aTssemeat with the United States as to
ask Tor il. Then the United States will be
in ion M 20 al hut
:the Continental countries. In other words.
sMs. Cleveland believes that II the United
:Sisscs returns to . sound financial policy
shy the unconditional repeat of the Sher-
:i;ian silver purchase law Of 1870 that com
ssaercial Europe vii, he glad TO consent 10
1n international agreement. which Mr..
cleveland THINKS vii. solvs tho whole
snatter. ffMr. Cleveland stands by this
sti!tudc he will prove himself a statesman.
Noreton Frewen. an English member Of
SsaF,iameu,. in tho FortRightiy Rerie,e for
Nuae, discusses our financial situation. ans,
:,f'eludes that for the forthcoming six
sncaths the commercial world must Ne aos.i.
'asted by the silver campaign In the United
States. tie says: "oat OF that struggle
- likely Ia come either thu suspension OF
ri! silver purchases. with an acute cris,,
cysrvwhers. and then. educated by that
F,sas.sr. the dawn of intelligence here
sErgisndl, aae = monetary union of some
sint: or. or the other hand, the rnsie,:
t'ases. sing!e-handed, will open her minis
70 silver" In case Of a suspension of all
purchases. lao thinks President Cleveland
tssisied In believing that a panic such
ks would certa'nly-in his opinion--fol.
t9w. woula educate her majesty. pres.
Sat advisers 10 a degree, and tina, the
brussels conference would then re-assern.
RE in December in the mood 10 arrive a, ,
tAstsng monetary peace. These views a-s
IA 'sne with those Attributed 81 rresiien,
t4eselsnd, Who believes the unconditional
Gspsai ~ the Saerma an net Won 4 aevelop
& slIuslion that woaid convert Easiant IA
Ele conclusion sha, an international ratio
l:stwcen gold snG silver VA. the .oani-.,
s.slaison sor both the United States AM
tSe sest of the commercial world.
The United States cannot afford 90 hole.
sslver nP by shc ta.l sgs,n.. tie rest of she
x:n.3a an.i, the tail drurs out. neither can
tie sest Of tie world afford ~ abide the
Gsaaeial disturbance that wilt he sure 70
ts:se place when the United State. - forced
* ies Go oi is corner" on silver. or III,
ts: ,sf SILVER from dry 70, dsops out. In
the event of the United States going 10 8
silver standard or al Suddenly s,oprinr
th.s purchases Of silver. there would follow
asna nciaI disturbance that would make
asatnereisI Europe. and especially Eug-
sa:i. scream with agony.
hs reported view Of Mr. Cleveland 10
sstai. tia, the only war % bring Eavrre
.c.sesti,s ls 10 stop cur purchases OF silver.
Ter knrope, rather than suffer the con-
sFaeaces ~ the anancisl disturbance ths,
ssisi follow or change og policy, would
soAseni TO sensible settlement: IL all in.
stasi1oasl rasio Il value hetseea gold and
llatr. u Mr.. Cleveland Is man enough
o%tand by his saas aaG force an uncon-
iisatal repeal Of sae sherman Law We
se.;e,s he can force Europe 10 ecn.cn, &,
,n:iagernssional ratio between rsid ana
alter. a ISOLATION that sili satisfy the con
~s..sssivr minds Of both she Republican
IA. ihemocxatic parties
sssse tie chesr naonev. ssas Is. the de-
A@sd slver. and We shall have gold. lie
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