The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1893-07-17
TELEPHONE NUMBERS;
BdltOrIRl Rooms, .,ial. Counting RoOm~s,ilC.
Ole G4tA18tpar
wnEELlNG. JULY II, 1908.


In commenting on the Colorado Sill
yer Leagues charge that a conspiracy
between England and Germany in 1870
has caused the existing depreciation Of
silver, tho Chicago Tribune observes
that even il this idle tale is true, and
such q conspiracy was organized, We
have to put up with things as We find
them, and the people of the United
States cannot help it so long as Ger
many refuses to do anything toward
the reconciliation OF silver.
This answer to the conspiracy" talk,
It seems to US. contains a great deal of
good common sense. What is the use
Of bringing up a twenty-year-old charge
Of this kind nowP What is to BIO gained
by itG 1t doesn't help muttera and
will not gain the end the silver fanatics
desire.
In the silver conference between the
nations held last year in Brussels, rep
r~esentatives OF the German government
showed no disposition to change the
monetary policy Of Germany, which is
the single gold standard. We cannot
control England, Germany, Austria and
Italy and must act accordingly. Here
is what the Tribune says touching this
point:
What is the uso Of rcyOmping that old lie
about a Conspiracy OF twenty odd ycRrs0go
when we nre called TO face d grave present crl.
sis? Such u discussion Is wholly irrelevant; eS'
pecially as nothing now remains TO DO s9id on
tho topic. II has been thraAhed over aud ovOt
ugain until nnught remains but dust aud
chat. We are poWerleSs 10 re-estlbltsh silver
IN Europe 10 long Rs Germany, Italy ana AUS
tria refuse to act. The. stlye mOnonetalliSis
may make the false and absurd charge, that
England nineteen years ago also induced
France TO cease colnlng silver hYe;tranc pieces
TO circulate III the Latin union. Tut inc I'm
portant fact Is that France has refused to join
Us IN a movement to increase the use OF silver.
and that Austria, with a population OF almost
40,0OO,O00, is ldoptlnga gold bnsis, utter having
prepared tor II through several year5. EiBht or
ten years ago Italy, witha population Of some
sO,OjO,OOO, resolved to follow tho example Of
England, and now is gold monometallic coull-
Try, Russia is preparing TO become the same
thing as soon as practicable, and vii! accom-
pliEh II shortly unless hindored by the out
break. OF u great European war. The India
council has resolved 10 stop the free coinage Of
silver for private parties, aud what arc the Tree
silver ~agitators IN this country going 10 do
about ~
1t doesn't matter whether a gold con-
spiracy in the Old World is ut the bot
tom of the situation; we must accept 1t
Just the same. The commercial world
looks upon gold as the proper standard
OF money value and figuring out how 1t
happened will not change matters. As
President Clevelandwould say, u condi-
ton and not a theory confronts US, and
what we have got to do is expressed by
the Tribune in tho article above quoted
from, when 1t says we must devise
means for preventing u immense
volume of currency from tumbling
down from its present par value with
gold to that OF the 871.grain silver dollar
worth but 55 cents, and destroying in
the collapse half the value of all tho
credits, money, deposits, and equities
in the United States.
That is the problem before Congress
and the country. 1t must BIO settled re-
CARELESS OF whether or not tho necessity
for doing SO Is brought about by an
English and German gold conspiracy,
and regardless of tho tuning aud froth.
ing Of tho wild mon of Colorado who
are so anxious to ride in blood up to
their horses brides to show their faith
in oliver.