Omaha daily bee., 1895-04-16
CLEVELAND AND THE CURRENCY.

CLEVELAND AND THE CURRENCY.
The invitation to n public reception
rendered President Cleveland by Chi
cago business men gave the president
an opportunity to write Il very sensible
letter in behalf of sound money. lie
could not, with n proper regard for the
proprieties of his office, accept the invi-
tution. but had he decided otherwise
Mr.. Cleveland could have contributed
10 more to the cause of sound cur
rency than is contained in his strong
and earnest letter. The president urges
II vigorous campaign for sound money.
He says that nothing more important
can engage the attention of patriotic
citizens, because nothing is so vital to
the welfare of our fellow countrymen
and to the strength, prosperity and
honor of our nation He says the situ-
alton demands that those who under
stand the Importance of the subject
should no longer remain Indifferent or
overconfident. 1t is necessary, in the
opinion of the president, that the sound
money sentiment of the country be crys-
tallzed, combined and made imme-
diateIy active if it is to save the cOun-
try from mischief and disaster. The
advocates of II policy the adoption of
which would deb Sc the currency are
alert and active. They are dissent
mating their fallacious and pernicious
doctrines freely and broadly and there is
reason to apprehend that they are
making converts. 1t will be much more
difficult to convince the voter who allies
himself with the free silver cause of his
mistake than it will be to persuade
him not to join that cause, hence the
eXpediency of making the fight for
sound money as active and general as
is the fight for the free and unlimited
coinage of silver, and of beginning it
at once. 1t is very well to have conf
dence in the intelligent Judgment, the
integrity and the patriotism of the
American people. 1t is not to be
doubted that "A large majority of them
are ut this time opposed to the free
coinage of silver. But there are many
voters whose minds are not made up
and it would be most unwise to leave
these subject to the specious sugges-
tions and the plausible sophistries of
the enemy. These must have, as Mr..
Cleveland suggests. plain and simple
presentation of the argument in favor
of sound money. In other words" says
the president. lit is time for the
American people to reason together as
members of II great nation which can
promise them Il continuance of protec-
tion and safety only so long us its sol
vency is unsuspected, its honor unsul-
lied and the soundness of its money un-
questioned"
Mr., Cleveland makes Il forceful point
against the proposal that this country
shall establish monetary policy re-
gardless of what other nations do. He
says the character of our currency
would De of comparatively little impor-
tance if our people We're isolated from
all others, but that is not their condi-
ton This country has financial and
commercial relations with all the rest of
the world and it cannot be isolated with
respect to it's monetary system without
great injury to its commerce. The in
teres.s of the American people are so
intertwined with the interests of others
that from force of the law of self-pres-
eryation we must conform our financial
laws 10 the laws that govern the worlds
trade or else fall behind in the race for
wealth. The monetary standard which
we SHOULD maintain ought to be the
very highest the world knows.
The letter of Mr., Cleveland ought to
have good effect, 1t is in the right
tone and is sensible and strong. IL it
shall conduce tO more vigorous action
on the part of the friends of sound
and stable currency the action of Chi