The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-05-28
THE CAPITAL WANTS TO KNOW?

The Capital calls on the Eagle To
rame some eminent European states
men who are favoring the free and uIl-
II limited coinage of silver. 16 I'd l. The
| EAGLE alluded TO Balf0ur, Bismarck.
Mirbach and others are favoring hi
| metallism. as having deciaiej that sill
yer must be rehabilitated as 4 funda-
mental money of final redemption. g"nd
not only for all debts, but aS q basis for
all currency, the same that gold Is.
| We 40 not know that these ssutlcneD
| ever named q ratio" 1ney are for
SLY err just the same as the Eagle is for
silver, and against maintaining geld
| as the single standard. These states
| men do not, nor does the Capital or
| anybody else know what the ratio might
be or what it would be, was silver
given a show for its white alley Be
| fore the money changers IF the world
cC1spired to add to their power ny
| seeking to control the worlds supply Of
rtdTptiOn money, through denIOnetiz-
ing 0ne-half Of it, silver as measured by
the other values of the world was
worth double what it is now. or about
Is to 1 of gold. Why it would not re-
gain the value Of which it was robbed
through unfriendly legislation. begot-
ten Of such conspiracy, should it be
legally recognized or lawfully made
standard agin, we do not know. Does
the Capital know, and if so. will it tell
us what silver bullion would be worth
in comparison with gold or with any
other value, in the event of its remOn-
citation on a ratio Of IS to l. Or,
does it think that as a lawful money
of redemption, backed by free coinage,
it would be worth no more than it is
now when all the credit powers and
the legal powers of al the leading COM
mercial nations are tearing il down?
Among others the Capital in the same
connection asks the Eagle why John
Sherman, ct. al, are not as good friends
Of silver as Bismarck and Balfour. We
answer that John Sherman is just as
good a friend of silver as is Grover
Cleveland. They are as alike in their
financial convictions as two peas
that is. they are for John Sherman and
for Grover Cleveland as against the
world. Their friendship never reached
beyond their own selfish interests in
anything. AS for the Republican can
didates for president named by the
Capital they will be for silver Is to l
or for the independent free coinage of
the American product, or for unlimited
free coinage, at any ratio that can be
made evident that the great majority
of the American people demand. We
answer the Capitals last question
therefore by saying that Harrison, |
Reed, Alison and Aldrich are not as
good friends of silver as Bismarck and !
Balfour for the simple reason that the |
last two gentlemen are declaring for |
silver while the other gentlemen are |,
waiting to see what the people of |
America are going to declare. There |
is just exactly the same difference be- |
tween these eminent men named, on |
the silver question, that there is be |
tween the Capital and the Eagle. The |
Capital is for bimetallism of both |
gold and silver, based upon and mea-
sured by the single standard of gold; |
the Eagle is for a bimetallic currency |
on a bimetallic standard, whose mea-
sure of value shall be that of all other
aggregated values and uses. In short
the Capital is q goldbugite and the
Eagle is not.