The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-04-11

WAR ON SOUND MONEY
ALLEGED SCHEME OF LEADERS OF
THE NEW SILVER PARTY.
If Possible, the LabOring Classes Are
to He Arrayed Against Those Who
Favor a Safe Currency.

NEW YORK, April 1O.-A Washington
dispatch to local paper says: The leaders
of the new silver party are said to be
laying plans for the attempted conversion
of the labor element in the East to the
free silver doctrine. They are credited with
the opinion that the existing unrest and
dissatisfaction among the laboring classes
can be utilized to excellent advantage in
furthering their plans. An outline of their
intentions, furnished to-day, contains the
statement that they will charge that much
of the trouble of the laboring classes is due
to what they term a contracted currency,
and to the monopoly of the gold bugs as
they say. The socialistic classes will be
arrayed against the gold standard as being
synonymous with capital and monopoly.
Wall street and the Rothschilds will be set
UP as the bugbear of the workingmen,-
ressponsioie OF for all their Ills and the free
medium will be suggested as the only cure
for existing troubles.
The first move in the direction of elicit
ing the attention of people upon whom the
new party is working is a dissemination of
Hundreds of books and pamphlets present
ing the silver question in a manner cal
70 Of Ph peope as bene e
culated throughout the country. Every
time an Eastern man, usually a theorist,
makes declaration in favor of free coin
age the promoters of the new party seize
upon it eagerly and give it the widest
II.
ton of Senator Sherman, a fnancier of
world wide reputation, and not theorist,
in the most tremendous financial panic this
country has ever known and that it would
paralyze business and trade beyond any
nation in the world is hooted at as being
merely the rawlings OF q. gold bug.
senator Palmer Against silver.
SPRINGFIELD, ILL.,. April 10.-From pres
ent indications United States Senator John
NJ. Palmer proposes to fight the so-called
free silver Democrats of Illinois to finish.
The venerable Senator this evening made
such declaration. 81 am in this fight to
stay he said, land I will not be beaten
either. Some members of the State commit
tee were in the secret; others were not.
Some members of the committee, attaching
but little Importance to the meeting of
the State committee, gave their proxies
thoughtlessly, and others who appeared in
person reported to have asked some
delay in a measure which was intended
by these managers to separate the Democ-
racy of Illinois from the Democratic party
of other States. had no notice, formal or
otherwise, of the meeting of the State COM
mittee, nor do understand that the Democ-
raey of the state was better Informed than
am told call for convention to meet
in June was produced, of which Mr.. Hin
TlCnS6n was tne puIdIlNe aulnOT. IN Il1S
call the Democracy of the State were told
by the State committee that the only ques-
tion before the country was that of the
currency. There are other statements in the
call to which I only revert for a moment.
One of them is that the federal election
laws are repealed, never to be re-enacted,
when there are good reasons for believing
that on return of the Republican party
to power they will enact laws of still
more vigorous character. 1t is further de-
clared in the call that no general tariff
legislation will be attempted for many
xrni ic tho
turn of the Republican party to power 1t
will attempt to apply and extend the doc
trine of protection to the foreign commerce
of the United States. Protection, with all
it's socialistic features, is republcansm. l
repeat that in my opinion the call for
State convention was issued as a means
of entrapping the Democratic party into
the silver movement. The call is without
precedent, not only in the history of the
Democratic party of Illinois, but of any
other political party in any of the States.
My poor friend Mr.. Merritt is reported to
have said that the Democracy has nothing
to Iose God tempers the wind to the
shorn lamb unless the lamb is a fool