The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1893-10-05
SENATOR RANSOM'S VIEWS.
He Expresses His Opinion on the
Financial Question.

Financial Question.
A correspondent Of the Winston
Sentinel, writing to that paper from
Washington City under date of Sept
80, quotes Senator Ransom as having
expressed himself as follows on The
financial question
had an interview with Senator
Ransom this morning in regard To The
outcome of the silver controversy. He
could not tell, he said, what the resul,
would be, but that compromise would
be effected that his chief object had
been TO secure for the country a sound
and ample currency of gold, silver,
and paper. He was opposed to the
unlimited coinage of silver because
that would derange the system con-
templated by the Democratic party
when in their platform they demanded
such Safeguards of legislation as
would keep the currency stable, and
its different elements interConVertible.
He wanted to "make SAFE the money
that went into the hands of the people.
Bimetalllsm by limitation was his idea
that is to put into the currency
system all the silver that it would hold
without collapsing; which could be
done only by judicious Limitation OF
its coinage. "To illustrate" said he,
"you mustn't put too much water in
the whisky, and just SO we must take
care not to put too much silver in our
money. Enough of it is indispensable,
but too much would be destructive. -
In conclusion he said. 81 am tor
good money, sound money, safe
money, and plenty OF money, Of gold
silver, greenbacks, and State bank
notes."
Senator Ransom is earnestly en-
deavoring to bring about harmony in
the Democratic party. He believes
that to be necessary. He thinks that
the President was right in demanding
the repeal of the Sherman law, because
the rubbish needs to be cleared away
before any new system can be con-
structed with advantage. He thinks
the whole financial policy Of tine Gov
eminent needs reconstruction-radi
reconstruction and not mere reform.
He would have no more makeshifts if
he could avoid it, and will earnestly
uphold the President as a matter not
only Of the policy but of justice. He
did not Construe the Cleveland
Northern letter as Capt. Ashe did. He
thought it favorable to silver as a
money metal The Senator's views
will have great weight here, and he is
talking freely. In my opinion he is
the best equipped man in the Senate.
MR.. DANIELS APPOINTED CHIEF
CLERK.
WASHINGTON, Sept. So.-Secretary
Hoke Smith to-day appointed Jose
plus Daniels, of North Carolina, chief
clerk OF the Interior Department. Mr..
Daniels, who is the present appoint
ment clerk Of the department, is also
the editor and proprietor of the NvM
CarolInian at Raleigh, and has several
times been elected State Printer of
North Carolina. Secretary Smith
regards him as an exceptionally
efficient officer, and it was at his
urgent request that Mr.. Daniels
accepted the new appointment. His
successor will be John W. Holcombe,
OF Indiana, the present chief clerk of
the Bureau of Education, who received
his appointment as such early in
Cleveland's first administration. Hol-
combe was twice appointed superin-
tendent of schools in Indiana, and is
believed to be well equipped for his
new position.