The Wilmington daily Republican., 1895-03-06
THE NEW PARTY'S PLEA.
Address to the People by the
I American Bimotallio League.
OPPOSING THE SINGLE STANDARD.
Tho Address Declares That There Is No
/, Hope for Riinetallism Through Existing
| PARTIES Congressman sibIey Mentioned


Parties cs--congressman sibIey Mentioned
as a Possible Presidential Candidate.
WAsuIEaToN, March B.-The American
Blmetallic League issues an address to
the people calling for the organization OF
o new national party. Tho address Is in
part as follows:
The money question Is now indisputably
the dominant issue in the United States,
and will remain so until settled, and set-
tied rightly. Other questions, however
important, must wait for this, which, to
greater or less extent, involves all others.
The issue Is between the gold standard,
gold bonds and bank currency on the one
side, and the bimetallic standard, no
bonds and government currency on the
other
On this issue we declare ourselves to be
unalterably opposed to the single gold
standard, and demand the immediate re-
turn to the constitutional standard of gold
and silver, by the restoration by this gov
ernment Independently of any foreign
power, of the unrestricted coinage of both
silver and gold into standard money, nt
the ratio of 10 to !, and upon terms of
exact equality; the silver coin to be q full
legal tender, equally with gold, for all
debts and dues, public and private.
We hold that the power to control and
regulate paper currency is inseparable
from tho power to coin money, and hence
that all currency intended to circulate rs
money should be issued and its volume
controlled by the general government only,
and should be legal tender.
We are unaltcrably opposed to the issue
by the United States of fnterest bearing
bonds in time of peace, aud demand the
Of all cOiu pl,liuItipnA pf the
United States, as provided by existing
law, In either gold or silver coin and at
the option of the government and not at
the option of the creditor. On this issue
we appeal from the dictntion of the money
power to the intelligence and patriotism
OF tho American people.
The monetary reform for which we con-
tend is, in our Judgment, 50 vital to tho
common welfare and so necessary to II re-
turn to conditions of prosperity In this
country as to preclude longer delay in the
Inauguration of u movement the purpose
OF which Is to bring together all who be-
heye in the necessity Of the proposed re-
form, for this object and this alone. Those
In favor of the gold standard are and have
been united In purpose and action Party
lines do not divide them when this issue
Il raised.
On the other hand those who arc In favor
OF u return to the constitutional standard
tt gold and silver are split into as many
divisions as there are parties. Silver Re-
publicnus from the west and SOUTH to the
great delight of the leaders of the Repub-
lican party, insist on contending for thoir
cause only within the lines of that party,
aud southern and western Democrats,
earnest silver men, equally to the delight
of the leaders of the Democratic party,
continue the contest on their part only
within the lines of tho Democratic party.
Hence, however Jealous in the cause one
may be, no results are possible because
his party refuses to carry out his views or
" perIpt them to be carried out.
This great cause will never be won with
cut united action. 1t will never be won
uuiess those who believe In 1t come to-
gether and elect "a congress- and presl-
dent on this issue II cannot be expected
that Republicans Will abandon convictions
Of lifetime on other questions and go
iuto the Democratic party in body, or
into a wing OF thut party. Nor will Dem
ocrats give up convictions they believe to
be essential in government and go over to
the Republican party, or to IL division of
that party Nor Is 1t possible to induce
Republicans and Democrats together to
n into the Sopullst party, for tho reason,
Il nfor no other, that the platform of that
party contains declarations to which they
cannot give thoir consent No course
seems possible but to subordinate for the
time being other questions, and come to-
Rether In u new organization to nght the
great battle of lssb, on the one great issue
on which the prosperity and happiness OF
the people so largely depend II Is be-
hcved that this cause can be won In no
other way.
While not unnlndful Of the interests OF
the people Of other countries In this ques.
sion, it Is not an issue tltat can be safely
submitted to the decision of foreign gov.
srnmcnts, OF be made TO depend on what
other countries may do or may not do
'rBewarr of entangllng alliances in this
as In other matters, and especially Of al
luranients Of International conferences, tc
delay action in our own behalf In the de
lusive hope that other countries Will care
for our interests better than we can our
selves No other country has ever asked
our approval of its financial policy
Ii the conference had authority from the
people to name a candidate for president Il
would name Joseph G. Sibley, of Penn
sylvania but not having such authority II
Dan only suggest the name and invite ex
pressions from the people 1t is under
stood that 1t is the desire of the league
that Republican should receive the nom
ination for vice president.
The address Is signed by the execntiv,
COMMITTEES Of tho league, including Presi
dent A. J. Warner Senators Jones ant
Stewart, aud Congressman McLaurin.