The Greenville times., 1894-03-17
usxTrsIse fHE Behring'S.

that majority OF southern statesmen
fsyer bimetsIhsm, IS was contended
By the Hon. A. S. Hewitt, the veteran
vulgarian, OF New York. and partially
endorsed by the GREzsvuLE TIMES,
the recent Illumination from Senator
Chandler, Of New Hampshire, shows
that the "mighty Northeast is too be-
coming affected with the same faulty.
Mr.. Chandler writea under date OF
February:
@As to the silver question, | think
that light 10 already breaking In the
East. As we have progressed toward
gold monometallism the business dis
tress OF the world has increased.
There Is an outery from India and
from Europe. from the occldent and
the orient Bimetallism must be Sc
cured, or there win be almost no end
to the fall In value that is taking place
snd Is parslyxing business and dis
tressiDg debtors beyond endurance.
TAe New England bimetallic move
ment also 10 an encouraging symptom.
Greenwood Enterprise.
The TnGs, without waiting on the
endorsement OF Senator Chandler,
pablished the prospectus Of the New
England bimetsllic league; and edito-
nally welcomed II, more than month
ago. And has since copied editorials
favorable 10 it from papers of national
reputation.
Before again playing the role Of
censor, the Enterprise would do well
10 probe little deeper into measures
and propositions than the title. The
New England bimetsllic league stands
for fsrEnSAuoNAL bimetallism and
asainst any other. Its express and sole
purpcse, ls TO teach and propagate that
doctrine; tho way being made clear.
il set oat In LIS prospectus-by the re.
peal cf tho silver purchase law. Now
IL this is alhe same faulty" affecting
our Southern Statements asserted
By the Bnterpri,e-that paper Will
doubtless have no difficulty in secur-
ing from those Mississippi Congress-
men who votedIagainst said repeal, an
endorsement Of the said league. II SO,
the csEse/of silver controversy disap-
pears. Their present record however,
70 for American free coinage Of silver
withsut reference TO Europe; of do
nouncing the international theory as a
dream or scheme.
Tho TkEs claims to be as sincere in
lie desire for bimetallism as any. But
--and this presents the true and the
whole issue--we have since the 1873
silver agitation, held by the conviction
that Ihe bimetsllic standard, or free
coinage Of silver, 10 unsound and impos.
sibls of safe maintenance, without an
International agreement. And that the
one and only way to secure or compel
such agreement, and to maintain that
metallic parity for which the Demo-
cratic platform declares, is through the
repeal Of laws and the resistance Of
measures. which disregard the interna-
ticnsl proposition.
or course any judgment Of the pro-
gress toward International blmetallism
Is immature and premature. But the
signs point favorably to that goal.
The retirement OF Mr.. Gladstone-ths
most incorporating of oil monomet-
allists, the most influential OF all Eng
lish monetary suthorlties-is q marked
aud large gain for the silver internstion-
alists. The German Emperor's quasi
abandonment Of the all gold policy
the creation of the silver commission
Of enquiry at Berlin--is an equally
favorable feature. The questions
which that commission Is directed TO
Investigate embrace the whole situa-
ton aud there can, we believe, be but
one answer 10 them, They read thus
lis IL probable that the gold pro-
duction Of the future Will suffice tor
cover the demand for coinage?
"Have the lack OF gold and the gen.
oral depression resulting from its en-
hanced value been noticeable III coun-
tr1es with gold currency?
what influence have the silver
fluctuations exercised on the monetary
and economic situation of Germany?
"How could the evils or dangers
caused in Germany by the present
currency be removed or lessened~
More significant than all, however,
Is the announcement that the London
Chamber of Commerce has represent
ed to the government the urgency Of
another international conference.
The "ouicry from India and Europe
we regard as hopeful feature of the
case, is symptomatic of the fulfil.
ment Of what was predicted by the
TIMES aud thousand others who
urged the repeal of the Sherman law
who claimed that there could be no
progress toward real bimetallism, until