Highland recorder. (Monterey, Highland County, Va.) 1877-1972, 1895-04-26
SOUND MONEY.
The Presidents Letter to Chi
ca8O Business Men.
TIME TO REASON TOGETHER
He Declares That the Line OF Battle
is Drawn Between the Forces
of Safe Currency and Those
of Silver Monometalism.

is Drawn Between the FORCES
of Safe Currency and Those
of Silver MonOmetalism.
A desrstch from Chicago sayss-An an
syer has been received by the committee o.
busineas men who went to Washington In the
latter mart OF March and asked President
CIevel. nd to address meeting In chicago
on the subject cf sound currency MI
Clevelands answer which was addressed
10 WIN. T. Baker, George ". Smith, 5onn a.
Roache, 7. W. Harvey, David Kelly ano
Henry c. Robbins, is as follows.
"Erecutiue Mansion, Washington, u. o.
To Messra. William I. Baker, Geo. W. smla
John A. Roushe, T. W. Harvey and Davio
Kelly and Henry G. Robbins-Gentlemen; i
am much gratiGed by the exceedingly KIM
and complimentary invitation you have ten
tered me on behalf OF many ciizens CT Cni'
cago 10 be their guest at gathering In the
interest Of sound money and wholesome
financial doctrine.
"My attachment to this cause Is so great
and know so we'll the hospitality and kind
ness OF the people Of Chicago, that my per-
sonal inclination Is strongly in lavor OF &C
cepting your fiattering invitation; but my
Judgment and my estimate Of the proprieties
Of my official place oblge me to forego the
enjoyment of participating In the occasion
contemplate.
81 hope, however, the event will mark tbs
Leginning Of an earnest and aggressive effort
to discriminate amen; the people safe and
prudent financial ideas. N)thing more I'M
portant can engage the attention Of patriotic
cltiz ns, because nothing Is 80 vi al to the
welfare OF cur fellow countrymen and TO the
strength. prosperity and honor OF our nation.
"The situation confronting US demands
that those who appreca'e the importance oil
this sui ject. and tho who ought to be the
first to see impending danger, should no
longer remain Indifferent or over-confident
"If the sound OF money sentiment abroad IN
the land Is to save u; from mischief and d g.
aster it must be crystalized and combined
and uade Immediately active. It's danger
Gus to overlook the fact that vast number
OIL our poop WIN SSdub OppNAbAAAsJ "~
far, to exam ne the question in Ill its re'pec.s
have nevertheless been IngeneouIy pressed
with specious Iggestions which In this time
and depression find willing liotners prepared
/, give credance to any scheme which is
plausibIy presented as remedy for their un-
fortunate condition
"What Is now needed more than anything
else is plain and simple presentation oil tie
argument In favor ofsound money. 10 Other
words. 1t Is time for the American people t
reason together as members OF great ma
ton which promise them continuance
o; protection and safety only so long as 1T
solvency is unsuspec.ed, its honor unsulliet
and the SCUM nes, Of its money questioned
These things are Ill exchanged for the Il
lusions OF debased currency and groundles
hope OF advantages to be gainel by diSre
gard of our financial ere 1t and commercial
standing among the nations OF the world.
"Ifour people were Is sJlatel from all Cthers
, and II the que ton of our curI ency could b.
; treatel without regard to our relations tC
other countries, its character would be mat
ter OF comparatively little Importance. II the
. American people were only concerned In tn
maintenance of Their physical life among
> themselves they might return to the old day
of barter. AMI in this primitive manner &C
uuire from each other the materials to suppl
the wants OF their existence. But II Ameri
can civilization were satisfied With this
a would ali .ct fail in its high and nobl
=, mission.
y SIN these restless days the farmer
tempted by the assurance that, though ou
+ currency mly be debased, redundant au'
uncertain, such O situation will improve thu
Or CO of his produc 8. Let US remind hiu
that he must buy as we'll as cell; that nj
dreams OF plenty are shaded by the cersaint
that. II the price OF the things he has to sci
are nominally enhanced, the cost OF tn
things he mus buy will not remain station
ary; that the letter prices which oheaI
;, money proclaims are unsubstantial an
!. elusive, and that, even II they were real an'
: palpable, he must csssarlly be left far be
hind in the race for their enjoyment.
>, 81 ought not to be difficult to convinc
/. the wage-earner that II there were bsnefit
arising from deSenerated currency, the
> would reach him east OF all and last OF al
:, In an unhealthy stimulation OF prices an II
creased cost OF all the needs OF his HON
- must long be his po ton who IL at the sam
- yexed with vanishin visions OF increase
- wiges and an easier lot. The pages Of his
- tory aud experience ara full OF this lesson.
San insidlous attempt is mads 10 create
- prejudics against the advocates OF a sa
:. and sound currency by the insinuation moi
= or less directly made, that they belong
= financial and business clas es, and al
- - therefore, not only out OF sympathy with II
- common people OF the laad but for self
- aud willing 10 sacr fee tue interests OF tho
outside their circle.
81 believe that CAPITAL and wealth, ,throut
combination and other means, sometim
gain an undue adv lntage; and 1t may
conceded tha. the maintenance OF soul
hu o,,o,, rooy In q aanaa he invo ted with