The representative. [volume] (St. Paul, Minn.) 1893-1901, 1895-07-31
MARN.
MINNEAPOLIS DEMOCRATS ARE
HOT ON SILVER,
And Hot at Certain Members a
the State Committee.

A meeting Of the state Democratic COM
mittee, or rather the st. Paul and Min
neapolis members of it, will be held Fri
day afternoon, to discuss the silver aues-
ton. This is a continuation of the dis
cussion of last month, when about half a
dozen of the Democrats of the state ere
solved" that the Democratic party of the
state is opposed to the restoration of the
dollar of the daddies." The shades of
Jackson and of Jefferson are believed to
have been hot under the collar in their
heavenly Tor other) abodes, ever since,
and from the condition of public senti-
ment among Democratic leaders in Min
neapolis, the same condition of the Min
nesota neckwear exists as is attributed
to the departed. Penny Press" report
ers who ran against Democrats of Min
neapolis, developed such a sentiment
among them as indicates that at the
meeting, something may be heard to
drap. For instance D. B. Johnson said:
81 do not apprehend that the state CEN
trail committee will arrogate to itself the
right to announce the feeling of the party
they represent. That should be left to
the state convention. Personally am in
favor of free coinage of silver. 1t seems
to me altogether wrong that the richest
nation on the face of the globe should be
compelled to go out and borrow from
other nations.
'Why should we submit to the dicta-
Of T ctr hioh ;n \
ted by the richest and most powerful
Jew on earth or to Pierpont Morgan &
Co., of Wall street. Why is it that the
people cannot see that these multi-mil-
lionaries who are exerting their in
fluence favor of the gold standard are
working in their own interests-work-
ing to maintain the conditions which
have raised them to their present auto
crate positions? In my opinion no better
argument should be needed with the
masses than the fact that monometalism
is endorsed by the people who have
amassed great wealth through the main
tenance of that standard
'These few people have been allowed to
dictate the financial policy of the great
est and richest nation on earth, they COM
pei us to borrow gold in exchange for
our bonds and what does it amount to?
We obtain, say $50,0O0O 900 in gold today,
and as soon as the loan is effected that
same gold flows right back into the cof-
fers of the lenders and we are in as bad
shape as ever within few days.
IF the United States would recognize
silver as on parity with god it would at
once open up commerce with South
American and Asiatic countries having a.
silver standard and the result would be
that we would get their trade and Eng
land would lose it, and she would not re-
gain any part of it until she also adopted
the bimetallic standard
There are many arguments I might
advance in favor of free coinage but I
know you don't want speech. Just say
this for me: That l am ready at mo-
ment's notice, without further prepara-
ton, to meet any champion of gold in
this state in open debate on this uues-
ton
Hon. P. B. Winston said: II doubt that
the state central committee will make
any declaration. 1t is hardly within it's
province to do so. I am out of politics
and have no voice in the matter, and
while my business interests will not be
affected in the slightest degree by any
policy adopted by the party 1 can say
that am in favor of free coinage of silver.
That is, 1 am bi-metallist. Many people
do not seem to understand that free coin
age Of silver would in no way restrict the
free coinage of gold. firmly believe that
bimetallism would open up and greatly
enlarge our commerce with other coun-
tries. To those which maintain a gold
standard we could continue to pay our
balances in gold and demand gold in pay
ment of balances due us, and to those
countries that recognize silver as the coin
of their realm we could pay any balances
due them in that metal and receive silver
from them in payment Of balances due
us. That is, receive their coin and melt
it and recon it. In this way we could
compete in commerce with England or
any other nation.
However, I hope to see the bimetallic
standard generally adopted and wish it
might be brought about by international
agreement. I believe it could be accom-
plisned by honest and sincere effort on
the part of those interested"
Mr. A. D. Smith said: Il don't look for
the committee to take any action what
ever. 1t is useless to expect that it
will do anything for the good of the party.
Personally, 1 admit that the maintenance
of a gold standard would help me in my
profession as there is no doubt that the
present system is largely responsible for
a great deal of insolvency. But as a
matter of good for the greatest number
of people-:n short for our good as ma
ton, am heartily N favor of the adoption
of bimetallism, which. includes the free
coinage of both silver and gold. 1t would
greatly increase our trade with nations
that recognize silver as money and with
the great resources of this country we
would be able to maintain commercial
supremacy against the competition of the
world
ENGLAND and other countries which are
our competitors and natural enemies in
the commercial world would be compelled
in a short time to also adopt bimetallism.
If they did not, they would lose all their
trade"
A. T. Ankeny also doubted that the
state central committee would take any
action, ''although,' he said, Il hope to
have the party declare it's position as
soon as possible. The Democrats have
no other hope than to make a firm stand
on this question.
personally, I am a bimetallist; am
in favor of the money of the constitution.
This is the richest country on earth and
there is no reason why we should be COM
pelled to borrow money from other ma
lions. Our commerce with other coun-
tries ought to be far greater than it is
and we ought to be selling our products
all over the world. believe that the es-
Enlistment of the bimetallic standard
by the United States would not only gain
for us a far greater share of the COM
merce of the world, but that England,
slow going as it is, you'd be compelled
ultimately to adopt the same standard
SLEEP.
Breathe lightly on those eyelids, Sleep, and
lose