The midland journal. (Rising Sun, Md.) 1885-1947, 1893-07-14
Says it is q Conspiracy.

Gays IL Is conspiracy.
The stoppage of the coinage Of silver
in India is the Inauguration of new
monetary revolution, or rather the ex-
tension to the far East of the revolu-
ton begun in l872-1873 in the Western
world 1t is the second act in the same
great conspiracy. 1t is a movement
deep seated and will be far reaching in
its consequences.
What becomes now of the claim that
the United States must stop the pur-
chase of silver in order to force England
to join in an international agreement ?
England has determined, if possible, to
force the repeal of the silver purchase
law in the United States. The closing
of the minis of Bombay and Calcutta is
a part of the gigantic conspiracy to
seize upon the present opportunity to
establish finally and forever the single
gold standard, and to extend it over
the world.
This is the critical moment. The
turning point is now. If free coinage
we're restored in the United States it
would be the end of the single gold
standard. On the other hand, if the
absolute repeal of the present silver law
in the United States can be forced
through, the work is done. 1t was
therefore deemed safer to stop coinage
in India first.
The immediate consequences will be
that silver will fall and gold will in
crease in value faster than ever. Prices
will soon begin to fall in India. The
whole world in time will feel the effect
of the consummaton of this last act of
the gold conspirators. Prices will con-
tinue to fall everywhere as gold rises.
The end no one can see. Every ad-
vantage will inure to creditors and
creditor nations.
England has set out to subdue the
world not with arms, but by gold, by
turning everything to gold. If this
movement is allowed to run its course
unchecked there will be 6ne grinding
before the mills are done. It is a
movement portending revolution and is
sowing the seeds of anarchy. But will
it be allowed to run its course? That
depends on the United States. IF the
United States allows England forever
to dictate her financial policy, as she
has done since the war, then we must
take the consequences.
But if the American people have any
independence Of character left they
will not do SO, and it should now be
evident to everybody that the United
States must finally act independently
The international conference has
gone with thu stoppage of the minis of
India.
What is there left to do but for the
western continent. under the lead OF
the United States, to unite and act in
dependently and establish a financial
system founded upon equity and cal
culated to secure stability in value, and
one which will hold az even balance
between debtor and creditor not one
calculated to rob with impunity the
debtor for the benefit of the creditor.
The gold standard, under this act of
England closing the minis of India,
becomes more unjust standard than
ever, because gold will now increase in
value faster than ever before.
What action will the American Bi.
metallic League take? A natioal con
vention had already been decided upon
for the latter part of August, at St.
Louis or Chicago. This plan will not
be changed unless Congress should be
called together earlier than given out
by the President.
l look upon the closing the minis Of
Bombay and Calcutta, the gateways of
silver to the far East, and the deter
mined purpose to repeal the silver
purchase law in the United States as
iraught with consequences more disast-
rous to the welfare of mankind than
any event that has transpired this
century.
A. J. WARNER,
President B,metallic League.