St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1895-03-06
NEW PARTY IDEAS.
The BimetaIlists Come to the
Front With an Address to
the People.
FINANCES THE ONE ISSUE.
And the One Plank Unlimited
and Free Coinage Of
Silver
ON ASIXTEEN TO ONE BASIS
Regardless Of Whatever Ac-
ton Foreign Powers
g.
May Take.

WASHINGTON, March 5.-The
following was issued today by the
American Bimetallic league:
"A statement of the issues on
which the new party will organize:
The money question is now indis-
putably the dominant issue in the
United States, and will remain until
settled, and settled rightly Other
questions, however important, must
wait for this, which, to a greater
or less extent, involves all Others
The issue is between the gold stand
ard, gold bonds and bank currency
on the one side, and the bimetallic
standard, no bonds and government
currency on the other.
''First-On this issue we declare
ourselves to be unalterably opposed
to the single gold standard, and de-
mand the immediate return to the
constitutional standard of gold and
silver, by the restoration by this
government, independently of any
foreign power, of the unrestricted
coinage of both silver and gold into
standard money at the ratio of 16
to l, and upon terms of exact equal
ity; the silver coin to be full legal
tender, equal with gold, with all
debts and dues, public and private.
"Second-We hold that the power
to control and regulate a paper cur
rency is inseparable from the power
to coin money; and hence that ali
currency intended to circulate as
money Should be issued and it's vol
ume controlled by the general gov
ernment only, and should be legal
! tender.
Thlrd-We are unalterably op-
| posed to the issue by the United
States of interest-bearing bonds in
time of peace, and demand the pay
ment of all coin obligations of the
United States as provided by exist
ing laws, in either gold or silver coin,
at the option of the government, and
not at the option of the creditor.
"On this issue we appeal from the
dictation of the money power to the
intelligence of the American people.
ADDRESS TO THE PEOPLE,.
''The signers of the declaration of
independence held that a decent re-
spect for opinions of mankind re-
| CURED that reasons should be given
for dissolving the bonds that had
| bound the colonies to Great Britain.
So we, who find it necessary to sever
relations with the political parties
with which we have hitherto acted.
and form new alliances in a common
cause, deem it proper that some of
the reasons which fmpel us. to this
action should be submitted to the
4 candid public.
| The monetary reform for which we
"contented as above set forth is in our
| judgment, so vital to the common
| welfare and SO necessary to a return
to conditions of prosperity in this
| country as to prelude longer delay in
the Inauguration of movement the
purpose Of which is to bring together
all who believe in the necessity of the
proposed reform, for this object and
this alone. Those in favor of the gold
standard are, and have been united in
purpose and action. Party lines do
not divide them when this issue is
raised. Differences on other questions
are then laid aside and together they
in well beseeming ranks march a
| long way
ION the other hand, those who are in
favor of a return to the constitutional
standard of gold and silver are split
into as many divisions as there are
| parties. Silver Republicans from the
West and South, and to the great de-
| light of the leaders of the Republican
| party, insist on contending for their
cause only within the lines of that
| party; and Southern and Western
| Democrats, earnest silver men, equally
to the delight of the leaders of the
| Democratic party, continue the con-
test on their part only within the lines
of the Democratic party. In other
| words the advocates of the bimetallic
standard, through the unrestricted
coinage of silver as well as gold, now
| contends for their cause in organiza-
! tions which are controlled by the gold
| party. Hence, however Jealous in the
| cause one may be, no results are pos
sible because his party refuses to
| carry out his views, or to permit them
| to be carried out. 1t is believed that
| there are now and have been for TWEEN
| ty years a large majority of the
voters in the United States in favor of
RESTORING FREE COINAGE
of both gold and silver, but the oppor-
tunity to vote their convictions has
never been given them, and their will
has been continually thwarted by party
chicanery. There has not been a con-
gress within twenty years which, ex-
~cept for the influence of executive pat
! ronage or the fear of an executive
veto, would not have voted to open
| the mints again to silver on the same
terms as to gold. Indeed, each house
| of congress has at different times sep
arately passed free coinage bills, but
| their action has often been frustrated
! by party manipulation. 1t is as neces-
sary therefore to have a president in
sympathy with the cause as to have
! a congress in favor of it.
But enough has been said to show
the impossibility Of gaining our cause
| as long as we remain divided, or fight
only in the ranks of the gold party or
in organizations controlled by the ad-
| vocates of the gold standard. As we'll
| might our fathers have expected to
win the independence of the colonies
| if, while contending for the cause of
| liberty, they had refused to separate
from the Tories. Independence could
,,eve, have bt en- won by fighting for
liberty in British regiments.
NO HOPE FROM THE G. O. P.
| "And, fellow citizens, this great