Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1894-02-24
MIR. NEwLANDs' POLITICS.

Newlands' letter defining his politi-
cal position. Il was Published in the
Washington Post:
l observe in your paper the statement
that ell the Populists voted for the Will
son bill except Newlands or Nevada, As
l have been frequently referred to by
the press as a Populist will you permit
me the use OF your columns to say that
| am not q member OF the Populist
psrtyi
The people Of Nevada recognizing the
fact that both the Democratic and Re.
publican parties were insincere in their
professions regarding silver, and that the
Populist party. while sincere onthesilver
question, was so welded to impractical
theories that il was impossible for it to
succeed, determined to form an indie
pendent political organization Of their
own called the Silver party. Their i'm
mediate hope was that with the aid OF
the agricultural States likely to be car
ried by the Populist party. q sufficient
number of independent electors. de-
voted to the silver issue, would be
elected to the electoral college to secure
the balance Of power, and thus force in
that college the selection of a President,
either q Democrat or Republican, who
would sign or at least not oppose q free
coinage bill. Their ultimate expecta-
tion was either that the Republican party
would again become a national party
instead of a sectional party, devoted
to the interests of the New England
and Middle States as manufacturing or
creditor States; or that the Democratic
party, rejecting further alliance with
New York, which thus far has enabled
that State TO control its financial action
to its lasting disgrace, would pursue .
policy which would unite the South with
the West on issues which would consti-
tute a common bond Of sympathy; or
that Q third party, whether under the
nams Of Peoples party or some new
name, presenting to the people but two
issues, namely, freedom from financial de.
pendence and freedom from industrial
dependence upon England and other
foreign countries, would, under wise and
patriotic leadership, be organized for
victory.
On these lines the Mining Congress
at Helena, Montana, declared itself, on
these lines the Bimetallic League Of
America has practically acted, and on
these lines the Silver party of Nevada,
of which l am the Representative in Con.
gress. is organized. l do not regard it
as q permanent party organization, but
simply as that form of organization
which should be maintained, at least in
every mining State, until either one Of
the old parties comes to its senses or
the Populist party learns wisdom, or .
new national party is organized, which
every true American who believes in
his country and that it should have .
financial and industrial policy of its
own, can join.
Adversely, which long since taught
the silver miner Of the mountain re-
gion, the farmers of the West and the
planters Of the South that the appreci.
alton of gold, resulting from the grad.
ual demonstration OF silver, was the
chief cause Of the fall in prices, and
the prevailing industrial and CONNER.
cial distress of the world, is now teach.
ing the creditor section Of our country
that, while the destruction as a money
metal OF the only competitor which
gold has had has increased the purchas-
ing power Of money, it has also dimin-
ished its earning power. The default
ing Of bonds, the inability Of the own
ers Of credits to collect their interest,
the dsarth of profitable employment for
money all prove that we cannot cut off
one of the natural sources Of money sup.
ply and limit the natural increase of the
volume of money without affecting ell
industries, and that owing to the conse-
quent s~tsgnation Of enterprise and de.
struotion Of industry, the business Of
money lending, though the last to suffer,
must bear the burden equally with the
rest.
Misfortune 10 q . hard teacher OF the
principles Of political economy and mon
etary science, and though it is to be re.
GREETED that the world has to suffer so
much in order to learn . lesson which
quick intelligence should have antici.
pated, yet the lesson must and will be
learned.
Until then and until some great ma
tional party, having learned the lesson,
shall have the courage and the wisdom
10 make the silver question it's chiefissue,
l must beg you to characterize me only as
a member of the Silver party of Nevada.
Very sincerely yours,
FRANCIS G. NEwLANDs.
Chevy Chase, Md, Feb. 3, 1894.
The chilling fact occur that Cleve-