The Philipsburg mail., 1894-06-07
The Policy Of the American
Tories Of To-Day.
WHYTHEY'REDELUDING THEPE0PLE
1t is Futile Hope that England
Will Join in Any International
Agreement for Bf-Metallism
Unless She Has tO-She Has
Fought for Y ears for the
49,. Single Gold Standard.

The question Of international b1-
metallism presents some peculiarly inter
esting features. 1t is a question on
which good deal of light may be shed
by those who have hid their goldbug
principles behind it or by those who are
employing it to shield the Cleveland ad-
ministration from the just Indignation Of
the public. AS the matter stands, there
are great many dark places in the
project that need illuminating.
1t is not by any means new question.
1t has been considered and discussed
from all possible points Of view. Never
theless at this moment and by the light
OF current events it assumes an entirely
new aspect. It becomes interesting by
reason of the mystery that is thrown
around it. We therefore appeal to the
financial tories who are making much of
international bl-metallism to give the
people clear idea Of the scheme
About what time are we to expect re-
lief from that source? Every interest in
the country is in crippled condition
and growing worse. It is absolutely es-
sential then, if the European shylocks
are to dictate our financial laws and fix
our currency system to suit themselves,
to know when the event is to occur.
But this is not all. There is another
question that is still more important. In
tie nature of things it may happen that
England will not agree to surrender the
advantages she now has; that her ruling
class will not consent to forego the
golden profits that are now flowing into
their pockets. What then? The eAmeri-
can tories say that there is no possible
way to restore silver as part of our
money standard except by international
agreement. Are we to conclude that if
England fails to recede from position
which she has firmly held for years or
refuses to change conditions that she has
been striving for half century to bring
about we are to accept these conditions
and suffer the attendant and inevitable
loss merely because the financial tories
have assumed that the United States
cannot open it's mints to the free coinage
Of silver?
England's first official reply to the
petitions of the bi-metallists since the
administration at Washington adopted
John Sherman's dnan oial policy is con-
temptuous one. The question has been
kicked out Of court. Tie house of COM
mons refused to discuss it. There is no
longer any concealment in the matter.
There is no longer any reason why Eng
land should have any concealment in the
matter. There is no longer any reason
why British interests should pretend to
be anxious to increase the use of silver
as money metal or to restore it's money
functions. Having made tremendous
sacrifices of it's own in India in order to
drive the United States to the single gold
standard, there is no longer any reason
why the house of commons or any other
department of the government should
engage in an effort to deceive US. Con-
sequently, when the question of bi-metal-
|ism is presented for discussion in the
house, the faithful commons" = more
faithful to the ruling class than to the
people -inconsistently kick it out and
refuse to consider it.
We should think that this action of
the commons would put very large flea
in the ear of those who pretend to be-
lleve that England is about to surrender
the fruits of the victory it has won at
the expense of much conspiring and
maneuvering. At any rate, the event
that has just occurred in the house Of
commons ought to open the eyes Of our
own people to the futility Of any hope or
relief that England is likely to make any
move that will divert from her Golfers
the constantly increasing treasure that
the single gold standard is pouring into
them.
Whatever the American tories may
say, whatever pretenses the adherents of
John Sherman's financial policy may put
forward, the fact remains that the con-
stantly increasing value Of gold is making
richer. Her home interests are
infinitely more powerful and important
than her colonial interests, and it is her
fixed and unalterable policy to sacrifice
the latter to the former whenever the
necessity arises. We have lately seen
remarkable example of that policy.