New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-21
THE POWER OF SILVER.
F. G. NEWLANDS HAS SOME NOVEL
THEORIES.
,p Japan HAD BEEN FIRMLY PLANTED ON A
GOLD BASIS HE SAYS. SHE WOULD NOT
HAVE WON THE CHINESE wAR-cIvIL
STRIFE IN THIS COUNTRY MAY

HAVE WON THE CHINESE wAR-CIVIL
STRIFE IN THIS COUNTRY MAY
START AT ANY TINE.
Francis G. Newlands, Member of Congress from
Nevada, has added story to the history OF the
Japanese-C'hn war that Is interesting. Mr. New
lands is at the Holland House. He IS an ardent
silver advocate and his story s In support of the
assertion that silver Is the greatest of money
metals He said yesterday: 1T was during the
time that James G. Blaine Secretary OF state.
| received a letter from the State Department, IN
PRODUCING to me a number of japanese comprising
a commission who in this country to investi-
gate our money system. They told me that an
agent from England had been in Japan trying 10
get their Government to demonetize silver. Ihey
talked with Senators Stewart Jones. Teller. Sher-
man and others. They were warned not TO thlnk
of allowing silver be discarded as money metal
The result of their investigation IS mat to-ua|
Japan is the g.eat power of the orient
What would have been the result had Japan
done as England wished? When this question OF
a war with China arose Japan could not have car
RED on the war had she been uDon gold bass
without first consulting England. y gold loan would
have resulted. and England would have mad Japan
by the throat. even as she has to-day
England fears Japan more today than she
does any other nation on the earth Japan mas
been successful in her war with China. Sh" mas
gained the concession OF entrance to certain ports
nd CHI 81
is open to her England views this with alarm She
u.ou,d crush Japan in an instant If she dared but
the combined Powers of the world will not permit
IT, England has hold on her from money
point OF view. and Japan. standing free ana I'M
trarnellel she will come out from the era OF
ignorance into the age of progress as the mlghueSt
mower OF the Orient. England is helpless she can
no, crush her rs she did China when that Nation
tried 70 close its ports to the Indian opium. Eng
land closed her silver mints in India, but Japan
held out To-day Japan is going forward with
stride that is surprising There have been as man!
spindles put up in Japan In the last TWO years ~
there have been in England in the last five years
How England will try to crush Japan Is not known
hut she will do all in her power to stop her growth
as she foresees that an empire is building up In the
East that is directly antagonistic TO her, 50 lar as
money basis is concerned. 1t will be the orient
against the Occident-silver against gold' ana 'he
practical demonstration even for this short 'l'he
shows the great value of silver a money metal
ENGLAND does not fear to-day. she can
drain or fill our National Treasury by a word. We
are helpessly in her grip We had the chdhce III
1873 to become the great silver country OF the
world. but we cast the opportunity aside demohe
t2ed silver. and to-day England controls us more
absolutely than II she had lett her troops anu No'
ernors here since 1N6."
Mr. Newlands is much pleased with the OUTLOOK
of the silver element in this country. lie S"'i III
a contented sort of way: I'VE have got SILVER
Marty and are well under way. MI Sl"'E -
tho logical candidate of the sveries for PTcsiign
II a campaign IS made that issue. n" 81
metallic party is the nucleus Of a great party. IL
dcpends upon the old parties whether Il ever al
tains its natural strength. II the oiI parH'S ~
more silver the party VIII pun from "''h ~
them and grow into an organization more p"",i
ful than the Republican parry; We. n sP'd'iE
slavery was the issue that led 70 the formation "i
thu Republican party 50 silver Is th' issue ma
may lead to a great Bimetaliic party. II is =
more absorbing question than slavery because il
involves more people. go, t 5000.
MIR Newlands says that while the question may
be settled IL this country peaceaby 10y na''' ~ -
he would not be surprised II II caused wal. ~"
said: "Three-fourths OF the railway mileage 81 tiS
railroad man in this country knows that his road
cannot live as long the present Sigh StAhddtd
OF wages under existing money CONDITIONS, -
maintained and he Is eagerly awaiting an opI'i
tuniy to cut wages but he doesn't ddr'' htSl sum
mer in Chicago. we were on the verge OF clNl
war II may come any time and the lincs ar"
very tightly drawn now. In the next c.c'Non j.
will be the West and South against the Nf" fthF-
land and Middle States. \ pretty ngnt Is prom
iscd and silver Will be heard from In trumpet
"In England Mr.. Balfour is making the fight but
ne cannot succeed. the banking element oppose
him mean he cannot become Prime Minister
In ENGLAND they have class rule. Year ago II
was the landed gentry that ruled. Then the
merchant secured control He began 70 trade ana
lend money. Finally the banker cot the upper
hand There is not merchant or manufacturing
in England who ia not for the free coinage OF 81
,.ar &c he sees that the bankers are shutting him
of from his trade abroad. In Germany, some
time ago we had an uprising. and silver seemed
paramount; but the gold element throtued the
movement So II is all over the "oril except IN
her stand In the world as having the peerless
money system.