Warren sheaf. [volume] (Warren, Marshall County, Minn.) 1880-current, 1895-05-16
TALK OF MONEY.
Recent Utterances Upon the ALI
Absorbing Question.

Recent Utterances Upon the ALI
Absorbing Question.
CrlticIses President Cleveland
Jones on the International Monetary
Conference-Morton and Cherry
Stewards Sarcasm.
DEVILS LAKE, N. d., May s.-After
reading President Cleveland s to Gov.
Stone, Senator Hansbrough said:
This is the first time In the history Of
this country when president has
threatened to remove all federal of
ficials who do not sink their opinions
as free born American citizens and in
dorse the personal policy Of the executive. It
shows the desperation OF the men who are bat
thing to sustain the gold standard. The friends
of honest bimetallism hope that Mr. Cleveland
will write another letter.
WASHINGTON, May 8. -Senator Jones,
of Arkansas, is among those who be-
lieve that the international none
tary conference will be held dur.
ing the present year to consider the
relationship of silver to gold as q
money metal. He is one Of the mem
bers on the part of the senate chosen
to attend the conference in case one is
called, and has naturally kept track
of all that has been done in the matter.
WASHINGTON, May 9. Secretary Mor-
ton has written letter to James A.
Cherry, of Denver, in reply to letter
from that gentleman criticising some
statements in the interview with the
secretary of agriculture.
Mr.. Morton says that cit appears you
and perfectly agree on the funda-
mental point = namely, that demand
and supply inexorably regulate all
valuables whatsoever, at all times and
in all places" He then likens the use
of the two metals in commerce to the
use of two yardsticks of different
lengths to measure cloth by in the
same market" and draws upon the
history of money in this country to
support theoposition.
why is it," he asks, 'there is so
little use for silver dollars in this coun-
try to-day while there are millions
upon millions Of them lying idle?" He
answers his own question: Because
there is no demand for them" The
conclusion he arrives at is well put in
the question rhetorically asked: What
is the sense of clamoring still for 'un-
limited coinage when the treasury
cannot get rid by hook or by crook
of 1.-THE Of those already coined and
lying in useless heaps?"
stewart Is Sarcastic.
WASHINGTON, May 9. -United States
Senator William M. Stewart, Of Neva-
da, wrote third open letter to Presi-
dent Cleveland Tuesday. 1t was very
sarcastic in all its utterances, and was
in answer to the presidents letter to,
Gov. Stone, of Mississippi. "Your
treatment Of contumacious Office
the senator writes, ''illus-
trates the benefit of civil service re-
form when you tell them that in the
interest of good government office
holders must not be surprised il they
are summarily dealt with"
The reference in the letter to Gov.
Stone to the willingness of the south
ern people to submit to the disadvan-
tage of silver recommendation, ETC..
leads the senator to remark: THE
originality of your discovery that the
south favors silver monometallism,
when they only contend for the coin
age Of silver upon the terms and condi-:
lions applicable to the coinage OF gold,
can never be questioned" and he sup
poses the president will explain in his
"next letter why free coinage of gold
and the refusal to coin silver is bimet-
alIism, and the unrestricted coinage
of both gold and silver is silver mon
ometallism.'
Referring to gold recommendation
originally discovered by the senator
from Ohio Mr.. Sherman)," he continues
with the remark: 1.-THE honor and ad.
vantages of gold monometallism ex-
clusivelY belonged to the, republican
party under the leadership Of Wall and
Lombard streets until you led the
scattered forces of democracy out of
Of financial absurdities
taught by Jefferson and his deluded
Inc senator concluoes oy Wrltlng:
gaad not me ha1r,sons the ' snermans
be able to rally the eoidites OF the
republican side to meet the gold forces
commanded by you In the contest you
have tnaugurated for the honor and .emOlu-
ments OF sound money, safe currency and civil
service reform Their indirect methods served
we'll In the past while secrecy was the
road to success, but will fail In the conflict
now raging while the mighty gold forces give
battle IN view OF all men where the timid time
servers never appear. The hereditary rights
OF the descendants OF shylock are safe In your
hands. Your decree OF low prices and less
wages for those who produce and more gain ana
less sac rince 1or those VINO absorb VIII Dc ex-
ecuted oy the power you command. while the
trlmmers ana aooeers OF Inc republican 1olo
are con1ounded ana paralyzed by your poldness
and dash.
DENVER, Col, May 1O.-JameS A.
Cherry has mailed a replv to the letter
= adraesad ~ b;,, ~, Sao,.,+a Aro,to,,
. 49,. ~ 1s = 49,
given 10 the pubAc on tuesday. lie
informs the secretary that his letter
has not Given hin, the informat ton on
~ .;1va, c,,,o,4;on ~ h.a l,o,,oa =
o =. - :,
would. IL does not make lttcIear tnat
values cannot be affected by legisla-
ton. whereas it has seemed to him
), \. eg--s-Ts, =. 81