The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-06

standard. As we'll might our fathers have
expected to win the independence OF the
colonies IL, while contending Tor the cause
Of liberty. they had refused TO separate from
the Tories. Independence could never nave
been won by fighting for pepsy his n rrea
cause will never be won without united ac-
tion. 1t will never be won unless, those
who believe in it come. together and elect
Congress and President on this issue.
There is no hope whatever that the Repnb-
i.can party as party Will enange Us 1o,e
the bimetallic standard. There are no
grounds for such hope, and we believe
change of policy by this party.
THE Republican party Is committed by It's
leaders by its record and by the pres5
the greenbacks and the surrender of the
issue and control of paper Currency TO the
banks No less persistent and effective is
the control of the money power over the
organization of the Democratic party. While
undoubtedIy a large majority of the MEM
bers Of that party are opposed to the gold
standard, they have been powerless to con-
much less to secure through it the restora-
tion of the bimeta11ic standard.
URGED TO COMBINE.
while this is the case. it cannot be
expected that the Republicans will abandon
convictions of lifetime on other questions
and go into the Democratic party in
body. or into wing of that party. Nor will
Democrats give up convictions they believe
to be essential in government and go over
to the Republican party, or to a division of
that party Nor is it possible to induce Re-
publicans and Democrats together to go into
the Populist party, for the reason, if for
no other, that the platform of that party
contains declarations and the party advo-
Gates theories to which they cannot give
their assent. But we must, in some way,
come together on this issue, or the cause
is lost and with it the independence of the
great reform. New bottles for new
wine. Therefore, no course seems possible
but to subordinate for the tinebeing other
questions and come together in a new or
ganization to fight the great battle of 1896,
perity and happiness of the people so large
1y depend. 1t is believed that this cause can
ne n In ne 9th o ony Wn to ne
of existing parties Is to court defeat at the
outset and lose the battle in the end
1.-The purpose of this movement is not to
array section against section nor class
against class, nor to require anybody to
give up his convictions on other questions,
or to sever his party relations for any
other purpose than to unite in a common
cause. the cause Of Justice against Injustice,
abundance and happiness instead of want
and misery. There can be no doubt. more
and silver will promote in the highest de-
gree the business interests of the entire
country; while the continuance of the pres
ept policy must necessarily be attended by
. further fall Of prices, imperilling business
enterprises more.
definitely the present stagnarlt condition of
trade and industry Better prices under
existing circumstances cannot be expected.
A debtor nation cannot maintain even
level prices with creditor nations. The
single gold standard can be maintained in
the United States only by forcing down the
price level of commodities here enough be-
low the price level of other countries to
turn gold this way, or, at any rate, to
induce our creditors to take commodities
of as for what we owe them instead of de-
Inanding gold. Any policy, therefore, that
tends TO raise prices necessarily operates
TO expel gold. This condition of things can
not be overcome by tariffs, much less by
free trade. In the payment Of annual dues
to other countries, we must compete with
Dther debtor countries; with Argentina,
win EgypI, Win india, with all the colonies
Asiatic races. with industries stimulated
as never before by. the low price Of silver
ssnsy condd ,,, from walcn t1ere Is no
Is pursued, Intensity the GRAVITY az the
situation In this country to such an ex-
- slY aT - Hope ei the serious attsntion
presence of such conditions. to expect to
maintain the gold standard by an indefinite
recEjess s,,ch u u,, Huw urwlse, Il NOT
thousatful men everywhere It is estiTna ted
that already the rise az goId Nv incIsaa sine
debtsTfla absorbed from forty To fiftv n1ii
lions OF the worlds wealth ~