Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-06-21
RENAISSANCE or SILVER USING
NATIONS.

| NtIiOtS.
The poll parrot politicians who ar,
chirplnE so loudly about a dcbased
silver dollar and the silver craze
seem 10 be profoundly ignorant OF tho
fact that the money question has be
come the question OF both continents,
and that the best and most conserva-
tive thought of Europe is today cam
estly pleading for the general restora-
tlon--by state, not by general action
OF the blmetallic standard.
Englands nnanciers and tradesmen
have been stirred up by an article
from the pen OF ex-Speaker Reed, pub
llshed In the Fortnightly Review. in
which he confesses that his party has
"misapprehended" the silver issue, and
that 1t is pressing toward settle
mcnt. because the present price OF
silver is stimulating those exports Of
produce from Asia which compete with
American exports in the markets OF
the world"
The London Financial News. COM
mentlng upon this significant utter
ance OF Mr.. Reed says:
ut is interesting to recognize that
I Mt last the real lesson of the fall In
! struck home TO the Republican lenders
in the United States. The silver quea-
| ton OF our cousins is. as the Chinese
| question, an issue rather racial than
economic. The Issue wldens to this:
| Shall Hlndooa control the wheat, the
cotton, tho rice markets Of Europe, or
rather, the labor OF white men? In this
country the great embarrassment 20
our export trades with Asia and South
America OF failing exchanges has been
10 some extent, at least. Offset by the
cheaper prices nt which, By reason OF
That fall We have been enabled to
buy such staples as whert and cotton:
hut In the case OF the United States
there has been no such compensation.
That nation is an exporter. competing
in our market with similar produce
from Asia. and. this being the posi-
tlon OF the United States, Mr.. Reed
properly recognizes tho Inevitable
losses which have accrued both to the
land and TO all those industries con-
tlngont upon successful agriculture be.
cause OF the great fall in silver"
These admissions, from such high
authority friendly TO the gold stand
ard, ought to settle all disputes as to
the actual effect OF the monometalllc
system which Mr. Sherman planned
and which Mr. c,tavoiand has com.
pleted upon those interests in this coun-
try dependent upon foreign mar
ket for prosperity, II not FOR subslst-
anoe Among these Ia agriculture the
MOS, ,mnortant ~ an our Interests
,bosa ,,or,. h,sh.1 ~ ,ybeat ,nuat
cor,ne,o ,,,,, n. rrodroo 10 stt,.or-
s,o,Aora not,ons MI ma hos tr,,t,,
satd ana ,ho tclnonclni Nc,,s co,errns
,ho s,nte,,o,, th,t .gotd s,nndara
couptrv cannot oorrnete I'm n commop
market with the products Of a silver
standnrd country. If the farmer of
,his country peeda additional evidence
on that polpt no viii ana A. IN tho
nresert nrlce ~ vyhe,t In IIvarpool
,,,,n Ga vim ,rois,,, deducted taio,,,
the cos, ~ nrodrct,o, 10 The Ararl,
cnr ,,r,rar n. 4. tI,rs dr,,,a, o,,t az
tho ,,rat,,, ,ro,l,e, IA, unnatural ,,ord-
400 "a vIctoua or,rcIoi syster ar
he rnus, se,I tLs nro1uctg NJ n l,ss
In either event n 10 not eaav 10 see
how he ia 10 escone ,rcroosa5 AN,
,,,,,r.a',,., ,,,..,.s,,.,'. -,
sbIns aud intimate h,,,,r,,,,,o,. a.,
less n re,nodv ia rror,,,ti,, o,,,,,ia.,
Hut tbe farmer ia nn, ,ha nnt,. 49,,
wbose nacl, the goi1 - 20
njnr 10 san. Tho i.,ns, ma aa,,t,ta,,,,.
the best work an or,,,,,, ,.,,,,''i 80.
European nress 40 an,,,,ns .r
Crises dos Cbnnros n, NJ E1,,.I
Thery director Of The Econon,ts,ta w.,
ropean of par,a II rorshais 49,.
drawn from MI ouartcrs ~ tha ,,oha
TO show that the d,sorgon,,a,,an %
changes now go,ng nn a,,ar,.,.,,,.' a.,
far moro hnrtsni 20 a,,,,,,,,,'. - IN, 90
ro,d .unraor1 ,hon -, w.
"dcnrcclatad" onrra', .'se WIN
prices are mora stead,. ta",s,, 'r'te'
live. there Is amn,oy,nen, 90 a. ~, 10 "v
MA tho mons IN nn,,,,,a,,a '"Vos'
cronslns. rbe ro,d a,andani -.
are, on the other hnna haIne n,ors
and more nressod NV con,ne,,t,an ~, 80,
nAlnK nntlnnE lalN