The Caucasian. (Clinton, N.C.) 188?-1913, 1895-04-25

opposed TO gold mpnometalIsm. and
this IL the full extent Of the d. mands
| Of the advocates Of silver coinage.
A voLLEY OF QUESTIONS.
Why do you argue that "A return
to the coinage of both metals upon
terms Of exact equality as establish.
ed by JeiTerson and Hamilton ard
maintained by all patriotic states
men Of every party previous to the
clandestIne decentralization of silver
ia 1873, would debase the currency
and destroy the credit .Of The Gov
ernment!
"Havc YOU ever compared the pros
peri'y Of the country rnder your
illustIious predecessor., who main
tanned unrestricted coinage, Of both
metals with th- 'unfoi 'unate drpres
SION which aniirts the country under
your administration
odd it ever occur 10 yOu that
jefferson and Jackson might be
rIght. and that you might be wrong!
Did YOU ever consider the posi-
bility of the radical cha ange that you,
Mr.. Sherman, aud your associates,
in cooperating with what you term
the forces OF safe currency have
made!
ACCUSATIONS NEXT.
"You have disregarded not orly
the teachings of the fathers Of the
Republic, but you have reversed the
usagps and customs Of the civilized
world which existed for thousands of
years previous to 1873.
"You have destroyed one half OF
the worlds metallic money ind en-
hanced the value Of the other half
fully 100 per cent.
"Iou have the debtor to surrender
in order to liquidate his debt more
than double the amount OF property
that the money be borrowed would
have purchased at the time he in
CURED the obligation.
"You have increased the value OF
Z ld by refusing the use Of both
metals as money, and created con
stant decline of prices until you have
ruined enterprise and deprived labor
of employment and produced uni
VefSal distress.
You now call upon the Democrats
| of Illinois to present ~ plain and
simple argument which will satisfy
the people that Il financial policy
which makes them miserable Is
sound money and safe currency
''lf you know such an argument
why do you not produce it! If you
know any argument that will con
vince the people that it is right fol
them to suffer depression and hare
times while all the wealth they pro
duce is absorbed by the dealers il
bonds and manipulation of money, i
is your duty to present that argu
ment without delay. Such an argu
ment wOald be Il new discovery, anc
one never before used by any ad
vocate of your sound money forces
YOUR SUPERIOR WISDOM"
"If you can show that the con
traction of the volume of money O
ultimate payment to gold alone ha
made times prosperous, nobody elst
cau. 1t all depends upon you
superior wisdom. The country i
looking to you. and you alone, t.
explain why times are hard unde
your sound currency policy lo'
have delayed the explanation to-
long. The country is getting i'm
patient. 1t Is encouraging that yo
appreciate the necessity for promp
action.
"You-say: If the sound none
sentiment abroad in the land Is t
save us from mischief and disaste
it must be crystallized and combine
and made Immediately active ; y
are right. Your sound money gol
monometallism IN is in danger, bu
when clystalliznd and combined tn
danger will be greatly III oreased ur
less your plain and simple nresen
tation Of the argument in favor {
sound money is i'm mediately pr
[ sented.
= "A the case now stands your cry
4 ta'lization and combination of til
= SQUAD money sentiment which yo
4 say is abroad might con fine it to tL
/ banks and money changers and leaI
the people of the United States on
: side of the charmed circle of til
forces of gold monometallism. Wha
- ever may happen, you are entltle
f to the gratitude of the America
g people for your bold and open a.
D vocacy of the combination OF go
monometallists against the dOctrll
$ of your Secretary of the Treasury {
IS the coinage of both gold and silv
e upon terms of exact quality.
It COURAGEOUS AT LEAST.
n "You are doing what no 9th
|. President has had the courage to ,
" since the crime of 1873. None
e your predecessors since that d
n plorable event has dared to advise
e combination of gold monometallis
against the constitutional light
a the American people to have coin
lie at the mints both gold and silve
- and thereby to enjoy a sutficie
L. supply of money of ultimate pa
y ment to 10 the business of the cOu
lie try, sustain enterprise and furni
Of employment for labor.
lg Your confidence in your wisd,
u and ability is sublime when, und
present conditions, you are willing
IN challenge comparison between yo
re policy and.that of the founders
is the Democratic party which piac
to you in power. If you could point
as any bentt fit you have been to
Vn country your task would be mu
CIV easier; but, in view of the univer
n distress, your courage far exce'
your discretion unless you pres'
,oo " ur reasons for gold monemet
y: Uo lism without delay.
IL "There must be something i'll tn
en reasons besides the catch phra
III sound money parity 'incont
ne !1e vertabilit.,' national credit, pa
,.n ~, otic DEVOTION party and the Ii
'"' Such talk is stale and can no lon:
az restrain the people from just ind
"r q" nation against the combination VIII
% - has deprived the young and en'
Ill -t,,n II th n \