People's voice. [volume] (Wellington, Sumner County, Kansas) 1890-1917, 1894-07-20
CAMERON's LETTER.
Contraction Responsible
for Depression.
NO ESCAPE FOR REPUBLICANS.

wv LOShTE TON NErOLiNhlNO'
Senator Cameron's letter to the
Republican League club is one Of the
ablest documents on finance lately
written. But this able letter, from a
Republican United States senator,
who represents one of the chief man.
ufacturing states Of the union, has
been published in very few Republi-
can papers. Read it:
UNITED STATES SENATE.
WASHINGTON, d. c., June IL, 1894.
my Dear Sir:-YOur invitation
comes at moment when congress re-
quires the attendance Of its members.
l should be glad to accept it, for we
have entered trOublOuS time and we
need mutual council and support, but
whatever | am TO say, can be said
only in writing.
This is not moment for stimu-
lating bitterness or inhaming passion.
We need all our powers OF fOrbear-
ance and self control. Let us give
credit to our opponents at least for
good intentions, even though they
give no credit to us. All Europe and
all America are in trouble. Every
one admits that the world stands on
the edge of revolution, social and po-
lltical, but every one shrinks from it.
Neither north nor south, neither east
uor west, neither capitalist nor la
6orer, wants to create caste or classes
or to spread misery, oppression or viO-
lence. We all see danger before us.
We all want to avoid il. Our only
dispute is about the path.
SINGLE STANDARD RUINOUS.
"TO those who have had chiefly in
mind the struggle about silver and
gold, that is the question which for the
moment presses hardest. The single
gold standard seems to us to be work
ing ruin with violence that nothing
can stand. II its influence is to be
continued for the future at the rate
OF its action during the twenty years
since the gold standard took posses
sion Of the world, some generation,
not very remote, will see in the broad
continent of America only a half
dozen OvergrOwn cities, keeping guard
over mass Of capital and lending it
out to a population OF dependent la
bOrerS on the mortgage Of their grow
ing crops and unfinished handiwOrk.
Such sights have been common enough
in the worlds history, but against it
we all rebel. Rich and poor alike.
Republicans, Democrats and POpu-
lists; labor and capital: railways,
churches and CollegeS-all alike, and
in solid good faith, regret such a fu-
ture at last.
CONTRADICTORY CONDITIONS.
This agreement is the best part of
the situation. At least we can be
sure that no one is deliberately con-
spring against our safety. Even on
the burning ground of silver and gold
we agree in principle. No party and
no party leader has ever approved OF
the single gold standard. Not one
American in hundred believes in it.
We are more unanimous in hostility
to it than we are on any other ques-
tiOn in politics. A vast majority in
all parties agree that the single gold
standard has been, is and must be a
national disaster Of the worst kind.
What is still more strange, almost
the whole world sympathizes with US.
Nine-tenths OF mankind are hostile
to the single gold standard. Our 7O,-
0OO,O people are unanimous against
1t. Most OF the European nations
and their governments dislike it.
South America objects. The whole
of Asia knows only silver, and India
which contains tive-siXths of the.
subjects Of the British crown, is as
hostile to 1t as ourselves. Yet the
bankers Of London have said that we
must submit, and we have submitted.
$50 strange a spectacle has never
been seen in our history. Argument.
and even the cOmpulsive proof
brought by worldwide ruin, seems to
be helpless against this astonishing
power. What is the use OF argument
when we are convinced, and when at
least nine-tenths Of the civilized
world agree? England holds US TO
the single gold standard, by the force
Of her capital alone, more despotically
than she could hold US to her empire
in l776. The mere threat Of her dis
pleasure paralyzes mankind.
UNITE WITH ENEMIES.
THE most instructive point of all
is that our great majority consists OF
the interests in the world which have
been from time immemOrial reckOned
as the safest and most conservative.
The whole agricultural class: the
whole class or classes OF small propri-
etors, the farmers, the artisans, all
join hands with what is left Of their
iold enemies, the landed aristocracy
of Europe, to protest against a revo-
| luton made for the benefit of money
lenders alone.
son the other hand, that revolu-
tlon is more radical than any which
has been accomplished by professed
revOlutiOnists.
Had all the deSpOtic governments
which had existed in a thousand
years united their intelligence to set
class against class, to breed cOrrup-
tiOn, to stimulate violence, and to
scatter the foundations of society.
they could have invented no device
more effectiue than this decree which
at one stroke doubled the value of
capital, DESTROYED the value of indus.