The herald., 1894-06-27


bondholders of England, who, with their
ten thousand million dollars of foreign
securities. know no financial principle
but the intense seli.confdence of the
ehylocks.
Resolutions for ths protection of the
merchant marine, ON education at ma
tional expense, and on the re.establish-
ment of the Mckinley protective idea
we're offered and referred.
LETTERS CT REGRET.
LISTERS of regret were then read.
Henry Cabot Lodge wrote that prior
engagements prevented b attendance.
Other letters OF regret we're from j. Sloat
Fassett,' New York; knute Nelson, gov
ornor of Minnesota; Gen. Z. A. Alger
OF Michigan, Hon. Thomas B. Reed OF
Maine, Hon. Robert I. Lincoln of Chi
cago, Senator Henry NJ. Teller, Hon. j.
G. Burrows OF Michigan, John Patton,
jr., the newly-appointed senator from
, Michigan, who succeeds to the place OF
the late Senator Stockbridge.
cLARKsoN's TELEGRAM.
Gen. ]. S. Clarkson sent a telegram
saying that imperative busines matters
alone prevented his attendance. He
said: SIN this serious year, between
Republican defeat in 1892 and Republi-
can victory in 1896, not only 7OOO,O0O
Republicans, but men OF all parties look
to your deliberations.
His faith in the league was strong,
and to ite 2, ,000, 600 members he looked
for courageous sctioE. looking to victory
in 1896. A reference was made toJames
g. Blaine, which was received with tre-
mendous applause. He advocated pro-
lection to the mine, the factory, the
field and the farm. He favored coinage
on the basis adopted by the founders OF
the republic and maintained through
the years OF the country's best prosper
ity-the basis that prevailed in the days
OF Abraham Lincoln.
WHAT TOM REED WROTE.
Thomas B. Reed wrote Il appreciate
the honor CT your Invitation to me to be
present ard address the national Repub-
lcan league convention at Denver. and
regret that it will not be possible to get
away from my duties here to do go. L
appreciate the importance OF the con-
vention and believe it's deliberations
will be wee and the results good"
Judge Thurston read a letter from
Senator Don Cameron, whose name was
greeted with applause.
DON CAMERoN's LETTER.
Cameron's letter was as follows:
UNITED STATES SENATE,
WASHINGTON, d. c., June Is, 1891
Ny DEAR IR:-Your invitation comes
at moment when congress raquires the
attention OF its members. l should be
glad to accent it for we have entered a
l. 4 nj
sel and support, but whatever l am to
say can be said only in writing. This is
:, LING Psss.1i o-.---all-
powers OF for bearance and self-control.
Let us give credit to our opponents at
least for good intentions, even though
they give no credit to us. All Europe
an nil America are in trouble. Every
one ad mts that the world stands on the
edge OF a revoIntion-social and political,
but every one shrinks from it. Neither
north or south or east or west. neither
capitalist nor laborer wants to create
caste or classes or to spread misery, OPP
preston or violence. We oil see danger
before us. We all want to avoid it.
Our only dispute is about the path.
To those OF US who have had chiefly
in mind the struggle between silver and
gold, this ia the question which for the
moment presses hardest. The single
gold standard ssema to US to be wor king
ruin and violence that nothing can
stand. Ii its influence is to continue
for the future at the rate OF its action
during the 20 years since the gold stand
ard took possession OF thu world, some
generation not very remote will see on
the broad continent of America only
half dozen overgrown cities, keeping
guard over a mass of capital and lending
it out to population of dependent la
borers OF mortgages upon their growing
crops and handiwork. Such sights
have been common enough in the
worlds history, but against it we all
rebel. Rich and poor alike, Republi-
cans, Democrats, Populiets, labor and
capital, railwaye, churches and colleges,
all alike and all IN solid good faith, re-
gret euch future as that.
This agreement is the least part OF the
situation; at least We can be sure that
no one is deliberately conspiring against
our safety. Even on che burning ground
OF gold and silver we agree in principle.
No party and no party leader has ever
approved OF the single gold standard.
Not one American in a hundred believes
IN it. We are moie unanimous in hos
tility to it than We are on any other
question OF politica. A vast majority in
all parties agree that the single gold
standard has been, is, and must be,
material disaster OF the worst kind, and,
what is etill more strange, almost the
whole world sympathizes with us. MINI
tenths of mankind are hostile to the SIM
gle gold standard. Our ~ 900 900 pee pie
are unanimous against it. Most of lie
CREST European countrieo and their gov
ernments are against it. South America
rejects it. The whole OF Aeia knows
only eilver. and India. which contains
fve-sixth of the subjects of the British
crown, ia "a hostile 70 it as ourselves.
Yet the Lonuon bankers say we mast
submit, and we have submitted. So
ettange q spectacle has never been seen
in our history, and argument, and even
the compulsive proof brought by world
wide ruin teems TO be helpless against
such all astoniehing power. What 10
the use OF argument when we are con-
vinced, and when at least nine-tenths
Of the civilized world agree? England
holds US by the single gold standard, by
the force Of capital alone, more deepoti-
cally than she could hold us to her en-
pire in 1776. The mere threat OF her
displeasufe rarslyzee mankind.
The most instructive point OF all is
that onr great majority consists OF the
interest in the whole who have been
from time immemorial reckoned as the
safest and most conservative. The whole
agricultural class. the whole class or