Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1893-08-26
COLONEL CoRBIN's VIEWS.
what He Thinks of the Currency Quss-
tioD.

10 the EulNpl.
The Washington Post. OF the nth inst,
reports me as being as strong an advo-
cate OF free silver as If L lived in Col
orado. This may lead to misapprehen-
sion.
A close observer of the trend of public
thought and the conclusions derived
therefrom. can but admit that Mr.. Cleve-
land has accomplished more than any
other one man during the last ten years
in leading and directing public thought,
and also IN moulding and making con-
elusive the deductions derived there
from.
OF the two policies-frec trade or pro-
tection-advocated for the prosperity of
the people and for the development of the
resources of the United States. the logi-
cal outcome OF the adoption of the first
free tradej IS that We must have
standard OF value and a circulation repre-
sentative of that value that will be equal
" acceptable abroad as at home. The
latter policy protection) may be fOstered
and can be maintained with a circulating
medium unacceptable in foreign countries.
Mr. Cleveland as the great exponent and
advocate of tariff reform Is therefore not
Inconsistent or undemocratic in advocat-
ing and promoting TO the best OF his abil-
ity the logical outcome OF the policy he
adopt. The great menace to appreciation
I'm the value OF silver is its demonetization
and the visible hoard Of uncOined bull
lion now held In the treasury. If the
free coinage OF silver had never been in
terrupted this hoard Of pig silver would
now be distributed and I'm actual clrcu-
laton. and this result would have been
accomplished without impairment Of the
stock of gold held I'm resrve by the gov
ernmcnt. OF paper money the govern
ment should have only one kind Of ISSUE.
This should be protected by a reserve Of
gold and silver coin sufficient to insure
the confidence Of the holder both at
home and abroad. No gold or silver or
coin certificate should ever be Issued by
tn, government for the cOnVnicnce OF
trade or otherwise The only uniform
issuc-never of less amount than five dol
lars-should be redecmable at the option
OF the holder I'm either gold or silvr
The government should have no hoard Of
uncoined pig silver or gold bricks. Free
and unlimited coinage of both metals
should obtain. Reserve to secure circu.a-
tion should be coined metal, not bullion.
Distribution OF the coin should so hand
in hand with its coinage. Both metals
are standards OF value the world over.
Both maintain a stability OF proportion
ate value when used as money
The interests of different sections Of DE
United States are so diverse that II IL
doubtful II we can ever adopt and main
tain pronounced policy Of either free
trade or protection. A sense OF equity
and the potency of votes demands tndt
we shall so modify our national policy
| that We promote and attain the greatest
good for the greatest number. Our ma
| tional pride and the development of the
| great resourc 3 OF this grand country
| induce assent 10 a national policy that
will demand a continuance Of the Gs"
Of both gold and silver as money.
| If we are to have monometalism ana
the single gold standard, let our people
| know that with IL goes open ports and
! free trade. II pronounced protection Is
to continue as our national policy silver
as the sole basis of our circulating mo
dium would promote rather than retard IT,
| II we wish 10 promote the prosperity
and happiness OF the greatest number
of our citizens. develop the resources
| of the country and maintain n place OF
| financial honor IN the family Of nations
give us "bimetallsm and honest money"
| 2 construction | tried 10 attach IA the
meaning of the financial plank Of the
| Chicago platform. reafIirmed by the Dem
ocratic Convention recently held at Rich
| mond The construction was rejected,
however. by an overwhelming majority
| II is to be presumed on account Of It's
! being either too pronounced in favor or
| free coinage. or because II might antago-
nize policies and conclusions already deter
mined upon.
S. WEXFORD CORBIN,
King George Co., Va.