Birmingham age-herald., 1895-03-20
SOUND MONEY VIEWS.

Great interest now cen tere in matters political in Mississippi on account of the announcement made by Governor Stone that he is & candidate for the United States Senate 10 succeed Senator George. Gov ernor Stone is exceedingly popular in Mis- sissippi, aud has occupied the office of Chief Executive longer than any one man in the history of that State. The free silver contingent of Mississippi are the only ob. jectors to his candidacy, and they object solely upon the ground that he is a "sound money man.' The Governor frankly states that he is bitterly opposed 10 the " free and unlimited coinage of siivsr,' and fully ap- proves of the course pursued by President Cleveland. He believes that the Presi- dents construction of the Democratic plat. form is correct one.
 illustrative of Governor Stoues firm ad- herenee to principle his friends delight in recalling matter of history Incident to the election of United States Senator to i'll out the unexpirad term of Senator Waltball. The Legislature was in session wbeu Senator Walthall sent h his resigna. tion of the remainder of the present term. Governor Stone was one oi the first to an- nounce as candidate for the succession, but in 0 day or two it developed that the Legislature was overwhelmingly for "sil- yer' and opposed 10 Mr. Cleveland. A caucus was held at which four questions wers drafted which the several candidates were requested to answer to an adjourned meeting. The first question was:
 "Were you in favor of the unconditional repeal of the purchasing clause of the Sher- man aot2" to which the Governor replied QG jnu f1I1 hot hax sealing his chances for an election to the Senate by the Legislators before him:
 I was in favor of the unconditional repeal of the purchasing clause of the sherman act for the reason that believed the continued pur- chase of silver bullion would tend to debase the currency. It conflicted with my convio- tions of safe and sound currency, as ex- pressed in letter written by me on December ?, 1893, to. paper published in Chicago called Coin, which now hold in my hand, In response to letter from the editor asking that give him the definition for honest money. This definition was given at a time when no vacancy was expected in the United States Senate. This definition was not given to the country by candidate for this place. In it expressed my conviction of what re- garded as honest money. will answer that question by reading that letter, as follows sE4S
 EXECUTIVE DEPARTMENT,
 JACKSON, mlSS OSC- (, loS5. Editor Coin. Chicago. Iu.-
 DEAR STR; Complying with your request to give you my definition of 'honest money" will say that honest money is, in my opinion, money thatis worth one hundred cents in the dollar every day in the year the world over. One dollar as good another or as any other, and the representative of the dollar to be used as money as good as the dollar It. self. favor such money, no matter what 1t te n.sf Y tRtrf I1 am opposed to any system of finance that Is likely to result in debased currency of any character. Yours very truly,
 J. M. STONE.
 The Senatorial race in Mississippi is go- ing to be very lively, as the announcement of Governor Stone that he will run on money platform in perfect accord with his houest conviction as to what constitutes an honest dollar is bringing out opposi~ tion candidates from the ranks of the free silver adherents. The Governors friends and admirers, who are numerous, express full confidence in the success of Governor Stone.