The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1895-03-06
FOR pouR1p STANDARD.
The New Bimetallic League Announces
Its Purposes.


Washington, March 5.-The following
was today issued by the American Bi-
metallic League, statement of the
issues on which the new party will Or
ganize:
The money question is now indisputa-
bly, the dominant issue in the United
States and will remain SO until settled
rightly, Other questions, however i'm
portant, must walt for this, which to
a greater or less extent involves all
others. The issue is between a gold
standard, gold bonds and bank cur
rency on one side, and a bi-metallic
standard, no bonds and government
currency on the other.
First-On this issue we declare our
selves to be unalterably opposed to a
single gold standard, and demand i'm
mediate return to the constitutional
standard of gold and silver, Of the res
toration by this government, inde-
pendent of any foreign power, of the
unrestricted coinage Of both silver and
gold into standard money at a ratio of
16 to i, and upon terms of exact equal
ity, silver coin to be fun legal tender
equal with gold in payment of all
debts and dues, qubhc and private.
Second-We hold the power to con-
troll and regulate paper currency in
separable from the power to coin mon
ey, and hence that all currency intend
ed to circulate as money should be
issued and its volume controlled by
the general government only and
should be legal tender.
Third-We are unalterably opposed
to the issue by the United States OF
interest st-bearing bonds in time Of peace
and demand the payment Of all coin
obligations of the United States as
provided by existing laws in either gold
or silver at the option Of the govern
ment and not at the option Of the cred
itor. On this issue we appeal from the
dictation Of power to the intelligence
and patriotism Of the American pub
lie.
The address to the people Of the
United States says:
This great cause will never be woI
without unanimous action. 1t will new
ier be won unless those who believe iT
1t come together and elect a congress
and president on this issue. There Il
no hope whatever that the Republican
party as a party will change its poll
cy, give UP the gold standard, and re
store the bimetaihc standard. No les
persistent and effective is the contro
OF the money power over the organiza
ton of the Democratic party. Whil'
undoubtedly a large majority of III
members are opposed to the gold stand
ard, they have been powerless to con
troll that party organization against
and much less to secure through 1t tn
restoration of bimetallic standard.
While this is the case 1t cannot b
expected that the Republicans will
abandon the convictions Of a hfetim
on the other questions and go into tn
Democratic party in a body or to tn
wing Of that party. Nor will the Dem
ocrats give UP the convictions they be
lieve to be essential IN government an
20 over to the Republican party o
division of that party. Nor is
l
Democrats together to go into the PoI
ulist party for the reason, II no othei
that the platform OF that party cor
tains declarations and the party advC
Gates theories to which they cannc
give assent, Therefore, no course seem
more possible than that to subordina'
for the time being. other question
and come 20 the front In a new organ