Morning journal and courier., 1893-03-27
SILVER.

Some Remarks by Senator Stewart. ,
The following is an extract from an ar ;
tiole of Senator Stewart on the silver ques- |
ton published in the New York Weekly |
in which paper Senator Stewart
Is debating the silver question with G.
Horr:
Mr.. Horr had nothing to do with the de-
monetization of silver, and, whether the
legislation was obtained fairly or unfairly,
he is not responsible for what was done.
would under no circumstances reflect on
him personally, but I regret that he al
lowed an unworthy person to impose upon
him by false and malicious Islander af-
fecting General A. ]. Warner and myself.
Mr.. Horr says:
A gentleman stated to me the other day
that there l. no prominent advocate of the
free coinage of silver in this country who
is not either an owner of silver mines or q
paid attorney of the silver syndicate. He
asserts that Senator Stewart and A. ].
Warner, both active advocates of free coin
age, are now being paid and have been
paid for years for their work in favor of
free coinage by such q syndicate.
called General Warmers attention to
this statement, and told him If he desired
to correct 1t would take the liberty of In
cooperating what he had to say in my next
article. The following is his reply:
Hon. W. NJ. Stewart, U 8. Senate:
Ny Dear Senator: As far as my 40
quaintanoe goes, not one In thousand of
those who advocate bi metallism In this
country has any interest in silver mines.
OF those who, as early as 1874 or 1873,
when 1t began to be known that silver had
been demonetized, took up the discussion
of the subject, not more than two OF three
of them, believe, had any interest in the
production of silver. Among the earlier
writer's were J. W. Shuckers and 81. Carey
Baird; George NJ. Weston, secretary of the
monetary commission of 1876, than whom
no one has written more lucidly; Profess
| sor Francis A. Walker, Judge r. W.
Hughes, of Virginia; J. Edwards Pierre
| pont, ex-Attorney General and e1-Minis
ter to England John Thompson, the emf.
nant banker; Judge Joseph Sheldon, OF
| Connecticut; William Groesbeck, E. D.
Stark and Judge Z. j. Blandin, of Ohio
James MoArthur, of Chicago, who at the
time of his death possessed probably the
best library on economics in this country
| To this list may be added more r. cent
names, as D. NJ. Grissom, of Missouri; h
NJ. Holden, of Kansas City; -. A Robin
son and Judge Isaac B. Morris, of Indiana
Perry Prentiss, of Cleveland, and Henry
Jones, of Georgia.
None of these, with scores of other.
that might be named here, had any inter
est in silver production
| If We turn to the several congresses thai
have convened since 1878 many namei
suggest themselves at once; among then
| Bland, Weaver, Hatch, Judge Culbertson
Post, Reagan, Beck, Morgan, Pugh, Dan
| iel and any number of others, both mem
bers and senators, who have increasingly
written and spoken against the crime o.
tho demonstration of silver, and none o.
whom has or has ever had, any interes
| in silver.
| If we go to the other side for names ar
| illustrious galaxy at once appears. Their
are, first and foremost, the names of Wo
lowski and De Laveleye, who first sounded
the notes of warning of what must follow
the decentralization of silver. These wer,
followed by Disraeli, Cernusohi and man,
| others. At present among the active sd
| vocates of bi-metallism in Europe are Pro
lessor q. s Foxwell, Mr.. II. R. Grenfell
| ex-president of the Bank of England tn,
Hon. q. d. Gibbs, Sir William q. Houlds
worth, Sir Henry Thompson. Moretor
Frewen, author of Economic Crisis" Mr.
A. J. Balfour, Mr.. Henry Chaplin, Arch
bishop Walsh, Mr.. ]. Barr Robertson, Mr.
Howell, Mr.. Barbour, under secretary fo
India, and many members of parliament
| personal interest in silver mining. More
over, Professor Foxwell declared in a re
cent address that all the professors OF po
litical economy in England sgreed that tn
theory of bi-metsllism was right.
As to myself, my part has been a mod
est one; but I began writing on the sub
ject az early as 1874, when 1 fret Learned
of the demonstration of silver, and hav
kept up the fight by writing and speaking
in and out of congress, ever since; and
never had q dollars interest in eilve
mines, and have never received any com
pensation from any source for my labor ir
this cause; and 80 far as my Acquaintance
gees, the advocates of bi metallism every
where are disinterested lsborers In tn
cause from the same motives that inspired
the abolitionists of forty years ago. Yer.
truly yours, A. ]. WARNER
have had no interest in any silve
mine directly or indirectly for the last IF
teen years, except small interest in
Mexican mine which ! acquired eighteeI
months ago. I do not suppose that an.
one will charge me with having changet
my position as to silver on account of sucl
| interest.
I was In the senate when silver was de
monetized, but in common with all th
members of the two houses who hav
spoken on the subject, except one, 1 wa
| ignorant of the fact that silver was de
monetized by the act of 1878. The partic
ular provision, which became law ant
which demonetized silver, does not sppaa
by the "Globs" of that date to have bse,
read or acted on in the senate. At oil
events knew nothing of it.
In 1875, when my term expired, I re
tired from political life without any inten
ton of again holding ofice. 1t was tn
silver question that induced me to beoom
candidate for the senate in 1885. wa
then interested In some gold mines, but II
no silver mines. 1 regarded the questio,
of the restoration Of silver of paramount
Importance to the human race. I deter
mined, with the consent of the people O
Nevada, to return to the senate and do al
in my power to right the wrong of 1873
I was elected and took my seat Oh the 4tl
of March, 1887, and was again elected b.
/ the unanimous vote of the legislature O