The morning news. [volume] (Savannah, Ga.) 1887-1900, 1895-03-07
Not n Frank statement.

The statement which The silverites have
put forth as the basis OF a new party
10 be called the Silver party Is not an
I honest one. The signers OF 10 say they are
''uualterabiy opposed % a single gold
standard and demand the immediate re-
turn 70 the constitutional standard OF goii
and silver. hy the restoration by this
government. independently Of any foreign
power. OF the unrestricted coinage Of both
gold and silver into standard money. a:
the ratio Of Is TO ]. and upon terms Of ex-
act equality. the silver coin 10 be full legal
tender. equally with gold. for all debts and
dues. public and private" They also de-
mand that ali paper currency shall be is
sued by the government and all govern
mont bonds shall be payable in silver
on a platform like the foregoing there
is no danger that the proposed silver party
viii ever become a powerful party. Par
ties similar to it have been called into
life heretofore. but they never took a very
firm hold upon the people They attract
cd those who had special interests to
serve. or who were ignorant. but the great
mass Of the people kept away from them.
The statement shows that there is no
intention OF dealing frankly with the peo-
pie. They are told that the purpose is 70
put silver on a footing with gold. In
other words. their alleged purpose is 10
make 90 cents worth Of silver equal 10 a
81 in gold. They talk about making gold
and silver the standard instead Of gold
alone
They cannot help knowing that it is
not in the power of this country to do
that by legislation or in any other way.
What they propose doing IS to make silver
the standard instead Of gold. If the minis
were opened to the free and unlimited
coinage of silver gold would go to a pre-
MUM and disappear from circulation.
Why then do not these new party sill
verites deal frankly with the people? They
would meet with much better success
by doing so. Instead Of doing that they
pretend that silver. If admitted to free
coinage, would circulate on a parity with
gold. however great the issue of silver
dollars might be.
If they believe that nonsense why do
they insist that the bonds shall be paid in
silver coin. and that silver shall be re-
ceived for all debts and dues? If silver
circulated on parity with gold the
creditors and bondholders would accent
silver as readily as gold. The silverites
know however, that silver would not cir
culate on a parity with gold and that Is
why they propose by legislation to compel
creditors and bondholders to accept it.
1t has been stated many times why the
silver dollar now circulates on a parity
with the gold dollar. IT is because of the
promise Of the government to redeem it in
gold. and the belief that the government
has the ability to fulfn that promise.
But has it such ability? Is not the limit
OF its ability TO carry silver about reached?
Nobody should be alarmed about the
proposed new silver party There is too
much common sense among the people.
and their conscience is too active to give
it any considerable support The silverites
are not as strong now as they were a few
years ago and if the sound money men
should make an active campaign against
them there would be still fewer of them
by the time the next national campaign
begins.