Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1895-05-30


intricate questions involved In discuss
sion OF the silver phase or craze,
would say that, so long as there Is no inter-
national agreement between the great gov
ernments OF the world-the commercial ma
tions-an attempt on the part Of the United
States to return to free coinage Of silver would
be fatal to onr business prosperity
"The United States is largely borrowing
nation. new country, undeveloped, is neces-
sarily borrower of the older nations, and
that must positively be taken into considera-
ton when we lightly speak Of changing the
form Of our financial basis It is out of the
question that we by ourselves can create q
silver basis to be accepted by the balance Of
the world, willy nilly.
What we borrow we must receive from
abroad, and the foreign capitalists will not in
vest In millions Of securities II they are to be
pa1d back for their advances In silver when
they can buy the bullion Of that metal at fiftv
cents. They simply will not do it, and 1t is an
absurd folly to imagine that we can compel
them to do We are In no position to stand
alo0f nor to restore confidence In our
business institutions except by agreeing as
We have In the past as to our financial basis in
the marts OF the world, where we meet all
that is in connection with US and all which
will positively refuse to accept our proposed
silver basis as that OF the whole world. .
LAwRENcEBURG, KY, May 2s.-Sen-
ator J. .. Blackburn, replying to Sec
rotary Carlisle, in his speech here Sat-
urday spoke substantially as follows:
II do not know in. what capacity Carlisle
came here and spoke, whether he came as a
Citizen OF this grand old commonwealth or as
secretary OF the treasury. Carlisle has said
he was never for free silver. On the
It'll day of November, 1875 Mr.. Carlisle,
while sitting by my side in the house OF rep
roSp 1fatfu oS Tod for ~, TNio
which was silver bill out and out Only Ave
five years later the Sherman bill passed. T
voted against that bill and so did Carlisle, and
yet he Is making the same old speech that
Sherman made then. am going to answer his
argument, every point OF it. He did not adj
vance single new idea. First, he made the
yer you will put the country on o silver
basis and drive oil gold out OF the country.
This Is not true We have tried 1t once, and
when we quit had IS to 81 in gold more than
when we began. He says this country would
&c the dumping grounds for all silver bullion.
He is mistaken there, for ours Is the only ma
ton under the sun that has silver bullion
SALT LAKE CITY, U. T., May 2S.-
Gen. Warner and ex-Congressman Slb-
ley arrived from the west Saturday
and were received by a committee of
the chamber Of commerce. A monster
mass-meeting was held at the theater
at night, presided over by ex-Congress-
man Rawlins and attended by repre-
sentative men of all parties. Both
speakers sharply arraigned the admin
istration and the recent speeches of
Secretary Carlisle and Comptroller
Eckels
MIR. Sibley said that Mr.. Carlisle's
portrayal OF the horrors of free COIN
age would not prevent the American
people from giving it an experiment..
He addressed the silver mine owners
particularly, and was immensely
cheered when he said they were the
least part of the calculations of the
bimetallists; that where the mine
owners had lost dollar by
the demonstration Of silver, the
American people had lost hum
dred. He closed by prophesying
that there would only be two parties
in America in 1896, one the party of the
gold trust, the other the party of the
American people, and every citizen
must be on one side or the other.