The morning call., 1893-06-29
THE SILVER SIDE.
PETER Thinks the PopuIists Will
Gain by IL.


Gain by 1t.
INDIANAPOLIS. Ind, June Ex-senator
Peffer OF Kansas to-day in an interview
said: THE Sherman law will be repealed
the first thing when Congress meets. The
effect of this will be to destroy both of the
old parties and to build up new one.
That will be followed by new alignment
of parties. There are some new organiza-
lions soon to come into existence. The
Peoples party is but the preliminary
makeup of the one which is to assume
control. The new organization is to be
composed of the Peoples party mostly,
and it will receive many recruits from both
OF the other large organizations, which are
now closing their careers. The Indian
silver movement means a general panic.
and out of this will grow much strength
for the Peoples party. The silver Ques-
ton has been giving us much aid all
along"
ST. LOUIS. June 2S.-Congressman R. p
Bland, the great silver advocate here,
while reviewing the silver situation as
affected by the action of the Indian Gov
eminent said: "Heroic measures will be
required on the part of this Government
Tor the rem onetiZation of silver. Most en-
phatically L do not think it is a knockout
Tor silver in this country. On the contrary,
think If Congress does not adopt some
measure looking to bimetallic standard
1t VIII make the battle OF the standards the
coming issue in this country. This battle
Will disrupt the political parties and cause
contest between the commercial centers
and agricultural districts of the country,
Free coinage of silver is demanded by the
laboring classes, and this Is what the free
silver men will now demand of Congress.
THE characterization of money Is a con-
spiracy between the banking institutions
of England and the Eastern portion of the
United States. and the suspension of sill
yer coinage in India is part of this con-
spiracy to bulldoze the Congress of the
United States to the adoption of the single
gold standard.
II do not believe they will succeed. If
the Democratic Congress stands true to its
pledges this cons piracy will not succeed.
1.-The low price of silver is due to the
fact that this and other Governments are
discrimin atng against it, and that the
money interests in this and other countries
have fought it. No important commercial
country has recently had mint for thu
free coinage of gold and silver. An effort
has been made to dam up silver and pre-
vent its free exchange in the commerce of
nations. That the United States by free
coinage can restore silver to its original
value is practically admitted by the Brit
ish Royal Commission of 1888, consisting
OF twelve members, six of hem uncompro-
missing gold monometallists. They admit
that France alone could maintain the
parity of the two metals at ratio of Is u
to l. This country is stronger in material
wealth, developed or undeveloped, than
Francs and England combined
KANSAS CITY, No.. June IS August
Meyer, president of the Consolidated Kan
sas City Smelling and Refining Com pany,
said to-day that the fall in the price of sill
yer would haveno effect upon the com.
pany's business. He said they had an
ticipated the fall of silver over year ago
ard-he thought most of the smelters in the
country had done the same thing
DENVER, June 2S.-A prominent men,
Der of the Clearing house Association to-
day, speaking of the silver situation, said
The closing Of the minis to silver coinage
in India will precipitate settlement OF the
silver question. and viewed from this
standpoint it is not to be regretted. It
will not weaken the cause OF silver, nor
will it shake the confidence of the friends
of free coinage in ultimate success" q
DENVER, June 2S.-Ecitor Patterson of
the Rocky Mountain News, speaking to-
night on the silver question, said: SIN
order to emphasize the fact that ruin
threatens the trans Missouri country,
and especially the silver section,
because of the ruthless policy out
lined by the money power of the East and
Europe, the News will in the mrning
call for a mass convention In Denver Of a
charter that in numbers and influence will
arrest the attention of the country TO its
protest against the monstrous crime that
is contem plated"
OMAHA, Nebr., June 2S.-There Is a
strong probability that the big smelling
and refining works in this city viii be
closed on account of the decline of silver.
BOISE, Idaho. June 2S.-The Wood River
siver-mine owners. with the exception of
those obliged to continue. will suspend
operations, owing to the fall in silver. At
tention will be called to the great gold belt
of Camas Prairie, hitherto generally
neglected because leads, while very large,
are comparatively low grade.