The Waco evening news. [volume] (Waco, Tex.) 1891-1894, 1893-08-25
He Expresses Democratic
Doctrine on Silver.
THEY DO NOT APPROVE THE MESSAGE
The Present Condition is Caused by Want
Of Confidence.
c,o,n the Fort Worth Gazette.


Lieutenant Governor Crane ard
interroeated him on the subject of
the presidents message and its
nrobable results upon the Demo.
cratic party
"What are the sentiments of a
majority Of the Democrats Of Texas
On the financial question:" asked
the reporter.
81 am unable to say that l know
the sentiments of the majority of
the Texas Democracy on the tinan-
cisl question. 1 think there can be,
or at least, should be, but little
difference between the Democrats
on that susject since the national
convention formulated it's platform.
1t spoke in language incapable of
misconception in favor of a bime
tallc standard, in favor of coinage
of both gold and silver without
charge and without discriminating
as to either. The further declare
ton was made that the ratio should
be such as to maintain the parity
between the gold and silver dollars.
OF course that takes, or should take
out Of the way every question ex-
cept the one Of ratio. About that
Democrats will differ. Many be.
lieve that the ratio Of 16 to | will
make silver dollar equal to gold
if all legislative restrictions as to
the coinage of silver be removed.
Nothing short of an actual expert.
nent will demonstrate the correct
mas or incorrectness of that propo.
a.on."
Do you think they approve the
presidenl's message9"
81 do not, The presidents mes
)age in effect states that the Sher-
nan law is the source of all our
financial woes. Few Democrats
with whom | have conversed agree
With him. | know that it is regard
ID as presumptuous to differ with
PRESIDENT. But Texas Democrats
Recognize no titled nobility, and
hey accept the conclusions of no
nan on any question without inves-
lgation. Indeed find but few
thoughtful people who do not
Pelleve that the present condition is
aused by want of confidence in
zach other, but not in the govern.
nent. The government has the
nbounded confidence of the masses.
t seems 10 have the unbounded
|onhdence of inanciers also. l
udge hat from the price at which
government bonds are quoted, not
outstanding the "hard times"
soaring little more than nominal
interest they command large
temlum. In addition to that the
'smocracy have noted that paper
anency- the promissory notes of
ne accommodating greater
''snlum on Wall street than the
old on which they are based.
bat does not lock like the gov.
inment was going into the hands
areceiver, nor does it look like
ny one supposed Uncle Sam was in
ae least embarl assed. The diff.
aity is somewhere else. Therefore
10 not think the Democracy tf
us state agrees with Mr.. Cleve-
alu when he states that the Sher.
r nan law Is the cause of the trouble.
ney think want of confidence in
r sCn other is the proximate cause.
uey think also a combination of
circumstances produced the mutual
H. ~ SO widely prevailing; that
ae sherman law had little or moth
y 70 DO with it is most probable.
- 20 not believe that the Texas
democracy Endorsed the message of
s president in that he is silent as
any proposed substitute for the
iIvsn law. They believe that
'.f Is part of the money metal
we world, and should be treated
nv suCh' They do not apprehend
aanger from silver coinage.
pna,y think the gold supply is made.
e;n;,; e lor all the business Of the
;h ti1ea world, therefore they view
ron n alarm any effort to put our
NA'fy--a nation of debtors-on