Mexico weekly ledger., 1895-05-16
Letter of the Missouri Senator to Sen.
ator McLaurin of Mississippi
Indorses Free Silver.

WASHINGTON, d. c., May 9.-Sena'
tor Cockrell, of Missouri, left fol
home this evening to be gone unit
| October.
Almost the last thing he did before
leaving the city was to write a letter
to ex-senator McLaurin, of Missis-
sippi, on the silver question that is
looked upon in Washington as in the
nature of a reply to some of the SEN
timents recently expressed by Presi-
dent Cleveland in his letter to Gov
ernor Stone, of Mississippi.
In this letter Senator Cockrell says:
When I received your letter | had
just finished reading an interview
| with Mr.. Bland, in which he explained
to the citizens of Missouri his views
on the currency question. 1t seems
to me he has in that interview con-
tributed in the best possible style and
in a most valuable way to the fund of
argument in favor of sound, honest
money, as authoritatively defined by
our National Democratic Convention
at Cincinnati in June, 1890, in these
words:
"sHome rule, honest money, the
strict maintenance of the public faith,
consisting of gold and silver and pa
per convertible into coin on demand,
and, as again defined by our National
Democratic Convention in Chicago,
in July, 1854, in these words: 'We
believe in honest money, the gold and
silver coinage of the Constitution and
a circulating medium convertible into
such money without loss.'
81 have never ceased to wonder why
the people of the South and West,
who furnish so largely as they dc
products which are exported for gold,
should be willing to submit to the dis
advantages and loss of gold mono
metallism and to content themselves
with an approaching and fiuctuatine
currency, constantly appreciatini
more and more in its purchasing
power, and constantly depreciatinl
the market or selling price, while per
hitting others to reap from the trans
mutations of the prices of their pro
auctions from gold to silver.
~ hope Mr.. BANDS interview will
be given the widest possible circula-
ton, especially among Southern
and Western fellow-citiZens, and that
they will be permitted to see the pit
fall hat is directly before those who
madly rush toward the phantom light
of the single gold standard under the
avaricious guardianship and at the
selfish dictation of Great Britain and
the Rothschilds and Belmonts, whose
recent purchase of a little less than
s62, 4O0, 900 United States 4 per cent
30-year bonds is so fresh in the minds
of the people. The price paid for
these bonds were but a premium OF
$3.50 on the si00, and making the
bonds yield an annual interest of 81
per cent, while these same bonds sold
in the open market on April 80, 1895,
at s102. SO on the 500, showing a net
profit in so short a time Of s16.46 on
the 500.
"If we, who profess fealty to the
Democratic party, are sincere in our
devotion to it's principles, and IL we
are right in believing that the ascend
ancy of those principles is guarantee
of personal liberty, applicable to the
rights of all, nonsectional, American,
we seould study the effects upon our
party and consequently upon our
country of a committal of the ma
tional Democratic party to the gold
arbitration, the single gold standard;
neither a sound nor a safe currency,
neither honest nor constitutional
money, as properly defined in our