The Irish standard., 1895-04-20
ISI.I!I[lI ES /. Err
! - Ere sident Urge IL A9itationo &c
the Money Question
n Letter toa CbicaEo Committes eHs
Firmly Opposes the ~ bite Meta VIZ
Urges the Need OF = Thorough
Knowledge Of Finances. ss

WABHIN6TON. April d. :-----I ETeSiQent
Cleveland has declined the invitation
Of Chicago business men to visit that
city and to speak in the interests OF
sound money. In his letter of declina-
ton he says: s5 S#
III hope the event will mark the beginning Of
m earnest and aggressive effort to dissent
nate among the people safe and prudent dnan-
cial ideas. Nothing more important can en-
gage the attention q petriotlc citlzens. Pc
cause nothing is so vital TO the welfare OF ous
fellow-countrymen and TO the strength pfo@.
perity and honor of our nation
1.-THE situation we are confronting demands
that those who appreciate the Importance Of
this subject and those who ought to be tho
Arst to see impending danger should no longer
remain Indifferent or Overconhdent
Calls for Immediate Action.
-.rf the sound money sentiment abroad in tho
lana is to save us from mischief and disaster It
must be crystallized and combined and made
Immediately active. It Is dangerous to overlook
ahe fact that vast number OF our people, with
ecant opportunity thus far to examine this
question in Gil Its aspects, have nevertheless
been ingeniously pressed with specious sug-
gestions which in this time OF misfortune and
depression find willing listeners, prepared to
give credence to any scheme which is plausibly
presented as a remedy for their unfortunate
condition
'-"WQAL Is now He6OeO more t01u 61ly tuAu8
else Is plain and simple presentation OF tho
argument In favor of sound money In other
words it is time for the American people to
reason together as members OF great
nation which can promise them con-
ttnuance Of protection and safety only SO
long as its insolvency is unsupported. Its honor
unsullied and the sOundness Of its money un.
questioned These things are i'll exchanged
for the illusions of q debased currency and
9roundless hope Of advantages to be gained by
disregard Of our financial credit and COM
mercial standing among the nations Of the
world.
IF our people were isolated from all others
and il the question OF our currency could be
treated without regard to our relations
to other countries its character would be
matter Of comparatively little Importance
II the American people were only
concerned in the maintenance OF their
life among themselves they might return
to the old days Of barter and In this primitive
manner acquire from each other the ma
ter,als to supply the wants OF their existence.
But ii American civilization were satisfied
with this it would abjectly fail in its high aud
noble mission. i%
Cheap Money Cuts Both Ways.
"In these restless days the farmer is tempted
by the assurance that, though our currency may
be debased, redundant and uncertain, such q
situation will improve the price Of his products,
Let US remind him that he must buy as we'll as
sell; that his dreams Of plenty are shaded by
the uncertainty that il the price OF the things
he has to sell is nominally enhanced. the cost
OF the things he must buy will not remain
stationary; that the best prices, which cheap
money proclaimS. are unsubstantial and
elusive, and that even If they we're right and
palpable he must necessarily be left far be-
hind in the race for their enjoyment.
ut ought not to be difacult to convince the
wage-earner that ii there were benefits arising
from a degenerated currency they would reach
him least of all and last of all. In an UNI
healthy stimulation OF prices an increased cost
OF all the needs of his home must long be his
portion, while he is at the same time vexed
with vanishing visions Of increased wages and
an easier lot The pages of history and ex-
perience are full Of this lesson.
Not q Matter Of Glass Interests.
IAN insidious attempt is made to create
prejudice against the advocates OF safe and
sound currency by the insihuatton, more or
less directly made, that they belong to finan-
cial and business classes, and are therefore
not only out Of sympathy with the common
people OF the land but for selfish and wicked
purposes are willing to sacrifice the interests
of those outside their c1rcla
II believe that capital and wealth, through
combination and other means, sometimes gain
an undue advantage; and it must be conceded
thar the maintenance OF a sound currency may,
in sense, be invested in a greater or less inn
portance to individuals according to their cOn-
dition and circumstances It is however, only
q difference in degree, since 1t Is utterly i'm
possible that any one in our broad land rich
or poor whatever may be his occupation, and
whether dwelling in center of finance and
commerce or, In q remote corner OF our domain,
can be really benefited by financial scheme
not alike beneficial to all our people, or that
any one should be excluded from common
and universal interest In the safe character
nd CT HE valua Of the oNrron,V of the country.
Au Are Business Men.
a..In our relation to this question we are all In
business, for we all buy and sell, SO We all have
to do with financial operations for we all
earn money and spend it. We cannot escape
our interdependence. Merchants and deal
ers are in every neighborhood. and each has
its shops and manufactures Wherever the
wants Of man exist business and finance In
some degree are found, related in one direo-
ton to those whose wants they supply and
in another to the more extensive busi-
ness and finance to which they are tributary.
A huctuation In prices at the seaboard is
known the same day or hour in the remotest
hamlet The discredit or depreciation in imam
cial centers OF any form of money in the hands
OF the people is q signal Of immediate loss
everywhere.
III reckless discomfort and wild experiment
should sweep our currency from its safe sup
port the most defenseless OF all who suffer In
Ln3b GlIu0 u OASG4GSSAF0A 1A0s1VAe7A OASGAOOAu
will be the poor Dis they reckon the loss In
their scanty support and the laborer and
workingman as he secs the money he has res
ceived for his toll shrink and shrivel in his
hand when he tenders it for the necessaries to
supply his humble home Disguise Il
as Ne may, the line OF battle Is drawn
between the forces Of safe currency and those
OF silver recommendation. will not believe
that If our people are afforded an intelli-
gent opportunity for sober second Thought
they will sanction schemes that however
cloaked, mean disaster and confusion, nor thasf
they will consent, by undermining the founda-
zion OF safe currency, to endanger the benefit.
cent character and purposes OF their governs, 4
nents Yours very truly, S t33atS Il sss SS
Fl 5 ..GRovER CLBvH14AND..""3sg5
/ Found the Body. 1
i ALTON, Ill, April 16. The corpse Of
Prof. William McAdam, the eminent
hrchaelogist, who has been missing
since Thursday last, was recovered
from. the Mississippi i river at noon Mon
day by the searching party. The
professors boat was found on q sand
bar at Eagle Nest island and every
1sA,sr. - :. .,y,s