New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-28
EX-SENATOR EDMUNDS'S VIEWS.
HE rAvoRs A CAMPAIGN or EDUCATION AGAINs

HE FAVORS A CAMPAIGN or EDUCATION Arai>oA
THE FREE SILVER CRAZE.
Washington. April p (SpeciaD. Elk Senator Ed
munds of Vermont who is temporarily In me city
in. discussing the silver situation yesterday re-
marked that the United States had undoubtedly
been placed the single gold standard ny ''ic
act OF 1873 and that this the intention OF those
who voted for the law. "All OF the nations with
which we did business" said he, were going 10 the
gold standard alone. and the tendency OF all trade
pointed 10 that as the inevitable basis OF values
"Do YOU agree with Senator Allison that the
adoption Of the gold standard was mistake?
II do not" answered the ex-senator with con-
siderable emphasis. The mistake les IN tne idct
that we have not stuck to 1t. The whole trouble
lies in the fact which has always existed ana al
WAYS will exist that people are in debt. II there
were no debts 10 pay there would never be worl
said about tho character OF the currency or the
country Until human nature shall have been re-
constructed there viii always be the struggle 70
discharge financial obligations at the least cost II
a man borrOws 800 this year, and being a farme''
must produce 100 bushels OF potatoes to meet the
obligation II when the debt becomes due he can
discharge 1t in a currency that requires but nifty
bushels 10 secure he will be very apt TO use that
form O" money. am not opposed to bmetallism.
per go. If conducted upon the same basis that the
fathers pracised II. Increase the amour; OF silver
in the dollar decrease that in the gold dollar so
that they will approximate each other In value. ana
objection Will largely disappear. But the dis
advantages of that are obvious-the shifting values
would require almost continual legislation TO keep
the dollars at n parity"
"Do you apprehend any serious results from the
present agtation?' was asked. .
II Mess II be met by campaign or Information
and Intelligence, many people VINO DO nor take
note Of Circumsta within their own observation
and who do know the history OF all similar
movements viii be led astray Finding nothing to
refute the assertions made In the speeches. ana pun
LEGATIONS of the silver propaganda those 70 Whoin
they are addressed will conclude that they are
true. The duty OF the patriot, especially ne young
conducted by means o: school district meetings
and by the issue Of pamphlets.-shor crisp, printed
I'm large type. loaded so As 20 be easily read W
lampght. once he people OF the country, no.
age Intelligence and honest, become Thoroughly
Informed upon the subject, there VIII be no iangei
That they viii 70 wrong. 1t IS In the lack o. kno"I
edge that danger lies. II the logic OF the advocates
Of the unlimited fr"" coinage OF silver al me ratlo
Of . 20 b. carried out snail be face TO face
with fiat money, pure ard simple. For II by me
legislative VIII. sixteen ounces OF silver can %
made the equivalent 90; one ounce OF gold, and en-
doHc1 with iegai-icuder qualities. why shall no.
ten ounces or ounce have the same value
law that a piece of paper stamped by the Govern
ment. this IS dollar shall be "A dollar. just rs
., $40 grains OF gold are? There is sure stop
ping place under the logic OF their argument!
this side OF that result
DO you believe the sentiment will spread in
tho East 70 any. extent
Il can only Judge from my experience with th'
farmers and lahoring men Of my own state. There
was never any difficulty iE making them understand
the truth o; the matter. and | DO not believe tha
the craze Cor h" coinage OF silver AT II 10 VII
! obtain any considerable fo0thold In this part o
the country"