The Caucasian. (Clinton, N.C.) 188?-1913, 1895-12-19
SEN. STEWART
ON SILVER,
de Was One Who Did No. Know
How the Demonstration Act
Was Sneaked Through.
GOLD VS.. SILVER DEMOCRATS

"o'" democrats Will Not Vote For a Silver
man-Bat silver Dems. VIII FOR ANY.
thing "In the Party "-Hopeies.ns..
Of Democratic I~form-soms Historic
Faets-The People Must and Will Gem.
Together.
For The Caucasian
WAsnINGToN, ID. g., Dec. IG.-When
IL became generally known that silver
was demonetized by the mint act of
1913, the country was nearly uuani
nous IN favor Of rectifying what was
then supposed to be mistake or an er.
r0r, but which is now known to have
been the result OF conspiracy. About
the beginning Of 1876, France and the
LatinU Mon having suspended COMA GO.
the market for silver bullion for
coinage purposes in the United States
ana Europe was substantially cut off.
ana Tor want Of such market the price
of silver declined. This led TO an in
curry as to the cause, and it was found
that
LEGIsLATIOS AGAINST SILVER
had produced the unfavorable result.
The writer of this article, although a
d,
learn Of the decentralization Of silver.
in the bill cOdifying the mint laws.
until 1876. He then wrote a number of
communications to leading journals,
such as he Cincinnati Commercial,
Chicago Tribune, and New York Her.
aid. These papers, and nearly all the
press or the United States, cOncurred
with our views and strongly advocated
the reconciliation of silver. 1t was
| soon developed that the
NATIONAL RANKS WERE OPPOSED
to any legislation in favor Of remoneti-
| cation, and one by one the leading
| newspapers Of the Republican party
became unfavOrable to silver. In Con-
gress the opposition to silver came
principally from the Republican party
and a few Eastern Democrats. The ad-
ministratiOn Of President Hayes, with
| Mr.. Sherman 1T the head Of the Treas
ury Department, was active in OppOs-
| ing silver, and when silver bill, in
PRODUCED by Mr.. Bland, passed the
House Of Representatives by an over
whe'ming ma jority it was mutilated
in the Senate by what is known as the
Allison amendment, which made it
silver purchasing act instead of free
coinage act. The Democratic party as
a whole. was at that time and ever af-
ter, until Mr.. Cleveland's
FIRST ELECTION,
a free coinage party. In 1884 the plat
form OF the Democratic party upon
which Mr.. Cleveland was elected con-
tanned the following declaration:
1--WE believe in honest money, the gold
ana silver coinage of the Constitution, and
q circulating medium convertible into such
money without loss"
But Mr.. Cleveland after his election
turned out to be Il most violent oppO-
nent of silver and staunch friend Of
the money powers. In 1888 the
DEMOCRATIC CONVENTION WAS SILENT
on the silver question, and the Repub-
lican National Convention adopted
the following plank with regard to sill
yer:
"The Republican party is in favor of the
use of both gold and silver as money and
condemns the policy of the Democratic adj
ministration in its efforts to demOnetiZe sill
ver'
But President Harrison's admins
tratiOn was as hostile to silver as that of
his immediate predecessor. In 1892
, both parties straddled, and Mr.. Cleve-
land was elected because Mr.. Harrison
was an object lesson of the gold stand
w
more attention on that account than
. his opponent, who was then in private
life. 1t was slow race. "A million
voted for Weaver, and another million
= or two stayed away from the polls. But
Harrison succeeded in disgusting more
q men than Cleveland, because his mis-
i conduct was
b MORE RECENT AND FRESH
land had succeeded in organizing il
t the Democratic party strong, aSgres
:, siye gold party. The banks are will
l, him, the commercial press is with him
8 the Northeastern Democrats are will
d him, and he has divided the Democratic
party and secured, so far as the govern
8 ment of the party is concerned, NOR
). than One-half of it. In the last expires
# sion of opinion of the Democrats nortl
Z, of the Ohio and east of the Mississippi
e as manifested by convention, gives tn
Is gold men nearly One-half of the Elec
IS toral College. With Kentucky an
Alabama and the Western States, sue
e as Kansas and Nebraska, the Dakota
y, and Oregon, where there is no Demo
lie cratic party, but simply an admins
n tratiOn
l. PIE-EATING PARTY,
that Cleveland Democracy can easil
~ have the delegates to the convention
~ With the thousands of banks, the CON
al mercial press, and the leading polit
"a clans of the North in the Democrat
e. party there would be no difficulty i
IL controlling the next Democratic Cor
ID yention. Besides the gold wing of TT
G. Democratic party has great advantae
over the silver wing in its aggresslv
UT and uncompromising attitude. III
Clereland Democrats openly declal
that
UNDER NO CIRCUMSTANCES
he will they support silrer men, and Q
We every possible occasion they vo
against silver men in the Democrat
party. The refusal of gold DemOcra
&c to vote for silver Democrats gave kel
nv lucky to the Republicans and h;
On driven out of power many such distil
,;r puished silver men as Bland. The ia
w. that the gold men will not cOmprOmi
& makes a union of the Democratic par
me for silver impossible. What is more,
M large number of the leading Demccra
10. of the South are constantly declarir
no that they will support the nominee
On the Democratic Convention, althOus
I'D he
no MAY BE GOLD MAN.
for In other words, it is party first al
ra- principle last with the great MAORI
of the leaders of the Democratic par
of of the South. This, at all events, W
nd, their position before the last electiC
It,, and no prominent man among the
I'm has since indicated a determination
20. stand by silver in the same mann
to that the gold Democrats of the East
for STAND BY GOLD.
zen Even if the silver Democrats shou
eo' succeed in she National COnventit
IN, IN nothing would be accomplished beca,
ne the gold Democrats of the North wOl
lne either remain away from the polls
ens vote the Republican ticket. Under
oau possible circumstances will the silly
l. n Democrats as a Democratic organi;
eoo tion remOnpfiZe silver. Silver can OF