Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1894-03-18
TIE SILVER SITUATION.

The following ringing article "''
der the above caption is from the
Philadelphia; Penn, Evening ltem'
which claims to have the largest cir
culation Of any evening paper pub
lished in the United States.
There is no international bimet-
alism" rot to it, but a straightforward
declaration for free coinage at the
present legal ratio, which is tar III
advance of the position of the Re
publican papers of this State;
A small revolution is rapidly taking |
place in the minds of the more con
sentative merchants and manutact-
urers of this country on the subject
of bimetallism. They are beginning
to realize that the affairs of the world
cannot be carried on by gold basis
Mr.. GIadstone's resignation In En-
gland has greatly strengthened the
cause of silver in that country, and
Germany is about as anxious Tor
change as the spinners of England.
There is only one class in this
country and abroad who still adhere
tooth and nail for the exclusive gold
standard, and that is the Rothschld
.sring" and their supporters.
This "ring" has undoubtedly
powerful influence with the gold
basis governments of the world, as
was witnessed in the recent silver
conference in Europe, where they
had pretty much everything their
own way.
But the merchants of the world,
outside of this ring, are beginning
to see for themselves that there Is nc
money for them in cramping business
into channel that is forever fraught
with peril to all industry because OF
the narrow basis on which the gold
ties rest their claims.
They are beginning to realize tina
there is less "cranlism" in the silver
movement than they had by thu
organs of the.Rothchilds ring al
along been led to believe.
Then there is hardly single mer
chant who does not now see that,
silver goes on dropping as has bee
the case up to date, that wheat an
cotton. as well as the allied cereal
and products of the country brougf
into competition with the silver cour
tries are in a condition that migt
properly be called bottomless pit
No secret is now made on the ex
changes that every cent decline
the quoted value of silver means
proportionate decline In the price
mentioned products.
Such consequence, sufficient
long continued, means rum al
starvation to the growers and pre-
ducers of these products, who belr
deprived of a proper income for the
labor. are rendered powerless to br
supplies from the mills and manufa
turers, as well as in ability to tran:
port goods on the railways.
The farmers of the country are
pretty bad straits as things are, an
to make them worse by still tu
Their decline threatens revolution
one form or another.
Because the farmers who compo
so large proportion of the popul
ton of this country will not allo
themselves to starve, and if they C
not now make living legitimatel
il is not for the public interest
drive them to extremeties.
Geld is again being shipped abro
which, in its turn, forces the fact
public attention that this counti
while on gold basis, Is playing WI
fire. There Is no security to ira
that is founded on margin OF I
deemabllity that is less than five l
cent of the demand obligations
any one moment Of time; yet Tat
lust the situation this country Is
And, what is worse. foreigners CT
at will, deplete the treasury OF
United States of what little gold
there.
Then, what does the country p
pose to do about it!
Silver should at once be res'o
to its old par relations, and that
he done the moment this couh
opens its minis to the free coinage
silver.
--Ihp