The Kinsley graphic. [volume] (Kinsley, Kan.) 1890-1940, 1894-02-23
A SILVER REPRESENTATIVE.


He Says the PopulIst Party IL So Welded
tn Impractical Theories 1t Is Impossible
for 1t to Succeed.
observe in late issue of your paper
the statement that all the populists
voted for the Wilson bill except New
lands, of Nevada. AS have frequent
ly been referred to by the press as
populist will you permit me the use of
your columns to say that / am not
member of the populist party?
The people of Nevada, recognizing
the fact that both the democratic and
republic parties were insincere in their
professions regarding silver, and that
the populist party, while sincere on
the silver question, was SO welded to
impractical theories that it was impos-
sible for it to succeed, determined to
form an independent political organ
ization of their own called the silver
party. Their immediate hope was
that, with the aid of the other mining
states and with the aid of the agricult-
ural states likely to be carried by the
populist party, a sufficient number OF
independent electors, devoted to the
silver issue, would be elected to the
electoral college to secure the balance
of power, and thus force in that col
lege the selection of a president, either
a democrat or a republican, who would
sign, or at least not oppose, a free coin
age bill Their ultimate expectation
was either that the democratic party
would again become a national party
instead of a sectional party, devoted only
to the interests of the New England
and Middle states as manufacturing
and creditor states; or that the demo-
cratic party, rejecting further alliance
with New York, which thus far has en-
abled that state to control its financial
action to it's lasting disgrace, would
pursue policy which would unite the
south with the west on issues which
would constitute common bond OF
sympathy; or that a third party,
whether under the name of peoples
party or some new name, presenting to
the people but two issues. namely, free
dom from financial dependence and
freedom from industrial dependence
upon England or other foreign coun-
tries, would, under wise and patriotic
leadership. be organized for victory.
On these lines the mining congress
at Helena, Mont, declared itself; on
these lines the bimetallic league Of
America has practically acted, and on
these lines the silver party of Nevada,
of which 1 am the representative in
congress, is organized. / do not regard
it as a 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 part is organized. which
every true American who believes in
his country and that it should have a
financial and industrial policy of its
own, can join.
Adversely, which long since taught
the silver miners of the mountain re-
gion, the farmers Of the west, and the
planters of the south that the apprecia-
tion of gold, resulting from the gradual
demonetization of silver, was the chief
cause of the fall in prices, and the pre-
vailing industrial and commercial dis
trcss of the world, is now teaching the
creditor section of our country that,
while the destruction as a money metal
of the only competitor which gold has
had increase tie purchasing power of
money, it has also diminished the earn
ing power. The defaulting of bonds,
the inability of owners of credits to
collect their interest, the dear:h of
profitable employment for money all
prove that we cannot cut off one OF the
natural sources of money supply and
limit the natural increase of the volume
of money without affecting all indus
tries, and that, owing to the consequent
stagnation of enterprise and destruc-
tion of industry. the business of money
lending, though the last to suffer. must
bear the burden equally with the rest
Misfortune is hard teacher of the
principles of political economy and
monetary science, and though it Is to
be regretted that the world must suffer
so much In order to learn lesson
which quick intelligence should havs
anticipated, yet the lesson must and
Will be learned.
Until then and until some great ns'
tional party. having learned the lesson,
! ehall have the courage and the wisdom
to make the silver question its chief
issue. must beg you to characterize
me only as member Of the silver par
ty OF Nevada Francis G. Newlands.
in Washington Post.
And of this sort are they who tried
! to force the peoples party to discard
! the Omaha platform for the single
issue of the free coinage of silver.
They are simply bimetallic protection
lists
Any man with the common sense
of a pota.o-bug should know that