The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1894-03-08
SILVER AND GOLD.
Wilmington Messenger. |

There is a heavy pressure being
brought to bear upon members of the
House TO prevent vote on the Bland
seigniorage coinage bill. 1t is known
that there is an actual majority Of the
Democrats who favor the bill. But
the Northern boilers who refuse to
vote have prevented quorum and
brought on crisis in the House. The
Bland bill is believed to be favorable
to the people outside ofthe great cities,
and is in accord with the principles
announced in the Democratic platform,
and this fact makes the bill very often
sive to the goldbug element in the
North and to the Administration.
The talk now is that the Bland bill
must be abandoned. This is the de-
mand Of the men who caused the de-
monetization of silver and the repeal
of the first clause only of the Sherman
cowardly makeshift." The Atlanta
Constitution noting this war of the
Plutocrats, says this:
Consequently the interests Of the
people are in the way of being sacri-
feed on a small scale now, Just as
they were sacrificed on IA large scale
when the purchasing clause of the
Sherman act was repealed without sub
stitute legislation. The reason is plain.
The plutOcrats have the pull by reason
Of their ability to command millions of
cash at a moments notice. There
fore, we say that, rather than abandon
the Bland seigniorage bill or any other
measure devised in the interests Of the
people, it would be better for Demo-
cratic Congressman to abandon the
capital and return to their consttu
entS.
If the Bland bill is abandoned il
will be of course another victory for
the enemies of silver and for the men
who stabbed it last year. This would
be another step in complete repu,iia
ton of the Democratic law
1t is pertinent in this connection
to state that the news from Washing on
on Friday last was that the Northern
Democratic boilers were but ODE, In-
instructions from the White lion T.
These kiCkcrs are following the lead
ership of Tom Reed in the merry GO
round and political swirl.
In the meantime, the sentiment
abroad in favor of bimetallism is
steadily growing. There is a change
going on that is quite perceptible. 1t
is seen at last that a single Standard
gold-means simply ruin to the end.
The London Financial NeWs of 24th
inst. says:
Guatemala to-day and other silver
countries Tomorrow. Default with
most of them is question Of time.
The worlds commerce is Keeling to a
crisis, yet the mischief from the appre-
citation Of gold has only begun.
A London dispatch of 24th says:
Bimetalism in England is gaining
converts. 1t is understood that Mr..
Lidderdale, ex-governor Of the Bank
of England, is strong advocate of an
international agreement for joint
standard. Bemetallism is no longer
the creed of handful of cranks.
Nearly every economist of eminence
is on its side. The international con-
ference must be reopened. France,
Germany and the United States are
anxious that this should be done.
Surely our interests are as great as
theirs.
Mr.. James r. Randall, the poet
laureate of Maryland and an accom-
plished journalist, writing to the Au-
gusta, Georgia, Herald, from Wash
ington, says this:
The more candid goldbug' writer's
on finance no longer pretend to believe
that there was any necessity for the
repeal of the purchasing clause OF the
Sherman act. They concede the hum
bug of that measure, just as the silver
men all along Contended. Amazed
and puzzled at the fall in the prices of
commodities, predicted by the silver
men, frank goldbug expert essayist
says:
The general impression is that gold
will go out within ten days. If this
proves true it is remarkable COM
mentary on the conduct Of the foreign
trade of this country. During tho
past seven months the visible balance
of trade has been SIP, 900, 900 in favor
of this country and after all deductions
at least 800, 100000. That gold ex-
ports should be suggested at such
time, when the European banks do not
need the metal argues something radi-
cally wrong.