The state republican. (Jefferson City, Mo.) 1871-1896, 1895-04-18
For AND AGAINST SILVER.

"My object in sending you this
letter." writes Secretary j. Sterling
Morton to John Dewitt Warner, the
president of the New York Sound
Money Association, sis to give you
thoroughgoing business mans
view of the situation"
Mr.. Warner is at the head of the
Reform Club and Sound Money Asso-
citation. Through the effort of him
self and his associates the tariff
reform campaigns were carried on in
1888 and 1892. The administration
now appeals to the new organization
to undertake the same kind of work
for money that it did for tariff
reform. 1t seems that Secretary
Morton recently wrote to Mr.. j. r.
Buchanan, general passenger agent
of the Fremont, Elkhorn and Mis-
souri Valley railroad, in whose judg-
ment he has confidence, and asked
him for his opinion about the growth
of the silver sentiment in the west.
1t is Mr.. Buchanan's reply which
Secretary Morton sends to Mr.
Warner. Mr.. Buchanan writes:
81 am able only to see, and to an
extent appreciate, the very evil
effect being exerted by the so called
free silver interests in this country,
and l hardly think this is appreciated
in the great centers. The wave of
this baneful idea has almost reached
an epidemic condition, and unless
answered in kind both great political
parties will be obliged to either
incorporate a substantial free silver
plank in their platform or else
disgraceful straddle. COINS School
of Finance' has reached an edition
of over 100000, and recently an
other book of the same kind has
been issued. They pretend to quote
eminent financiers of Chicago and
elsewhere-as for instance Lyman j.
Gage, Joseph Medill and others-as
injecting objections embodying their
most formidable arguments and then
proceed to answer them effectively.
| This book is sold ten to one of any
other, 1t is an entertaining little
volume. In my opinion, it should be
answered by some one who fully
understands the subject. This book
has been purchased in large numbers
by silver people and distributed
gratuitously. The banking interests
should take steps to publish reply
in equally attractive form, and put
it on the market at the lowest price.
"To show the effect of this book, a
rather intelligent country banker
called on me recently and asked me
if | could answer it, saying he was
| hSdlis tOhNihSSu lhSiO Woo hoPO IL
the policy suggested, and this
against his will; he said it was max
ing votes more rapidly than any
thing he had ever known. I re-
ferred him to our bankers here. He
said later he had talked with some
who had passed it over lightly ant
did not reply.
"My judgment from the presen
outlook is that eastern conservatives
of both parties are likely to unite
and possibly renominate Mr.. Cleve
land, who would carry the east anC
south, no doubt. The east, on hi
able, honest conservatism, and thu
south because they could never vot'
other than the democratic ticket
thus insuring vote which woul'
elect, and the west would undoubt
edly support populist or free sill
verite, unless there is great change
If this is not done, l feel the election
will be thrown into the house as tn
/ result of three tickets being in tn
field, in which case the balance @
power would be with the free silve
interest. / believe a vote to-da
ON the naked question of 16 to
silver platform in Nebraska woul
give it majority of $4,000, or nea
it,"
After a lengthy discussion the Ten
nessee senate adopted Mr.. Stovall'
resolution requesting congress t
enact law providing for the fire.
coinage of silver and gold at tn
Q ratio of 16 to 1. There were /
members who voted for it, 10 VIII
n voted against, and o who failed
It vote.