The Big Sandy news. [volume] (Louisa, Ky.) 1885-1929, 1895-04-19
SOUND MONEY.
clsveland's Letter Declining An invi.
tstion to q Public Reception.
what h Needed Now 10 Plain and slmpl'
Presentation Of the Argument In Favor
OF sound Money-He Wants Mo-
nometalllsm Put Down.


Presentation Of the Argument In Favor
Of sound Monsy--Hs Wants Mo-
Bomstalilsm Put Down.
CHICAGO, April lS.-Mr. Henry Rob.
bins received from President Cieve-
land Sunday evening letter declining
the invitation OF the number Of busi.
ness men OF Chicago 10 attend . public
reception here TO himself and Mrs.
Cleveland.
ExEcurIvE MANSION.
WAsHIN0ToN. April IL I
To hesara, william T. Baker, George W:
smith. John A. Roche, 4, W. Harvey, David
Kelly and Henry ;. Robbins
oentlemenI am much gratined BY the ex-
eeedlngly Kind and complimentary Invitation
you have rendered me on behalf Of many cit-
Iens Of Chicago 70 be their guest al . gather
ing In the interest Of sound money and whole
some financial doctrine
Ny attaehmont 10 this cause IL 80 great. aud
know 10 well the hospitality and kindness Of
the people Of Chicago. that my personal incli-
nation Is strongly In favor OF accepting your
nAttering Invitation; but my judgment and my
estimate Of the propreties Of my ofieiai place
oblige me 70 forcgo the enjoyment Of partici-
Ihope however. the event will mark the be-
ginning Of al earnest and aggressive effort 70
disseminate among The people safe and 1ru-
dent financial ideas
Nothing more Important can engage tho At
tention Of patriotic citizens because nothing
IL 30 vital 10 tho welfare Of our fellow country
men And 70 tho strength, prosperity and honor
Of our natlon
The situation We are confronting demands
that those who appreciate the Importance Of
this subject and those who ought to be the hrat
70 sec impending danger, should no longer re-
main Indifferent OF overronndent n the sound
money sentiment abroad Ia the land Il 70 save
us from mischief and disaster Il must be erys-
tAliEed aud combined and made Immediately
aciivc
II u dangerous 70 overlook the fact that .
vast number Of our people. with scant oppor-
tuhity thus far 10 examine the question In all
lie aspocta have nevertheless been Ingenious
" pressed with special suggestions which,
IN this time OF misfortune and depression.
IND willing listeners prepared 70 give ero-
denoe 70 any scheme which Is plausibly pre-
aented as q remedy for their unfortunate con-
dition-
What Is now needed more than anything
else IL a plain and simple presentation Of the
argument 10 favor Of sound money In other
v
reason together a. members OF great nation
which can promise them = continuance Of pro-
lection and safety only 30 long as Its aolyency
is uhsuspoeted. its honor unsullied and the
soundness OF IL money unquestioned.
These things Are ill-eIchAngcd Tor the IL
lusiona Of q dsbascd currency and groundless
hope of advantages 70 be gained BY . diare-
gard Of our financial credit and commercial
standing among the nations Of the world
n our people were Isolated from all others
and II the question Of our currency could
be uca,eed without regard 10 our relations
to other countries. its character would be
. matter Of comparatively little Importance.
II the American people were only concerned
Is the maintenance Of their precious liit
among themselves they might return to tho
old days Of barter aud In this primitive man.
nor acquire from each other the materials tS
/ supply the wants of their existence
In these restless days the farmer IL tempted
i By the assurance that though our currency
may BE- dobAsed. redundant and uncertain
such . aituAtion would improve the price ol
/ his prOducta Let Us rtmind him that be must
buy a. well a. sell that his dreams Of plenty
are shaded By the certainty that II the price o
the things he has TO sell Il nominAlly enhanced
the cost Of the things he must buy will not ret
main stationary; that cheap money proclaimi
1 arc uunulataNNiAl hnu elNhlNct anu even u Nnol
were real aud pAlpahle he must necessarily b
left far behlnd IN the race.
II ought not 10 be- difhcult 10 convince The
wage Garner that n there were dement's Aris.
Ing from n dcgcnera,ed currency they would
reach him least Of AL and last Of all In Al
unheAlthy stimulation Of prices an Increased
coat OF all the needs of his home must belong
70 his portion while be Ia Al the same time
veKed with vanishing visions Of Increased
| wages and an easier lot
Ths pages Of history and experience are full
OF this lesson An inHldious attempt !s made
V create . Heiudiee against the advocates oI
. safe and sound currency BY the inslnuation
more or less directly made, that they belong v
financial and business classes and arc. there
fore. not only out Of sympathy With the com.
mon people Of the land. but for selfish and
wicked purposes arc willing 10 sacrifice the In.
teresu Of those outside their circle
| | believe that capital and wealth, through
combination aud other means, sometimes gaiI
an undue advantage, and u must be conceded
that the maintenance Of = sound currency MAJ
IN sense be Invested with greater or Jesse
Importance 10 individuals. according 10 thel
condition and circumstances
II h however only . difference In degree
since II Is impossible for any one In our broa'
land. rich or poor. whatever may be his occu
patton aud whether dwelling In center o
finance and commerce or In remote corner o
our domain, 10 be really benehttrd by nnan
cIal scheme not allie beneficial 70 all our peo
Pile. or that anyone should be excluded from
universal interest In the safe character an
stable value OF the eurrcncy Of the country.
In our relation TO this question we are all 4
business. for we all buy aud sell. ~ We Al
have 10 do with financ nj operations, tor We al
earn money and spend IL We can not csoap
our interdopcndcnee Merchants and dealer
are In every nelghborhoOd, aud each has IL
shops and manufactures
wherever the wants Of man exists, busines
and finances In some degree are found relate
In ono direction TO those whose wants the
supply and In another TO the more oItehsiy
business and financial 70 which they are trit
utAry. A nuetuation In price At the seaboar
IL known the same day or hour In the remol
est hamlet The dlscredt or depreciation /
financial oenters Of any form Of money In u
hands OF the people Is 4 signal OF immedial
loss everywhere.
n reckless discomfort and Wild experiment
} sweep our currency from Its own support. n
, most deienseless OF all who suffer In that tim
Of distress and national dlseredit will be n
poor rs they reckon the loss In their scani
! support. and The laborer and workingman q
he secs the money he has received Tor his TO
shrink and shrivel In his hand when he tend
u Tor the nsccssaties TO supply his humb
home
Disguise ns we may. the line Of battle
r drawn between the forces Of safe currency On
those OF silver monometallism ! will not b
lieVe that u our people are afforded an INTEL
gent opportunity Tor sober second thougl
they will sanction schemes that howev'
Z eloaked, mean disaster and confusion. nor thi
4 they viii consent by undermining the found
zion Of a safe currency 70 rndanger the bcnei
cent character and purposes Of their soveri
: ment Yours vety truly.
CROWN cLEvELANn
To the North Pole
QuEnEc, April ia-The honor {
9 equipping aud sending out the ne,
J. polnr exneditIon will proha blY belon