The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-03-06
THE PROPOSED NEW PARTY.
Bimetallic Leagues Address to the
N Tcople--Issues at Stake.

BimetaIIic Leagues Address to the
Teople--Issues at Stake.
WASHINGTON March 1.-THE following
statement of the issues ION which the new
party will organize was to-day issued by the
American Bimetallic League:
"The money question is now indisputably
and will remain so until settled and settied
rightly Other questions however import
ant must wait for this, which, 70, greater
or less extent, involves all others. The
issue is between the gold standard, gold
the birnataliic standard, no bonds and gov
ernment currency. on the other
"Flrst-On this issue we declare ourselves
to be unalterably opposed to the single
gold standard, and demand the iInmediate
return to the constitutional standard OF
Government, independently of any foreign
power, of the unrestricted coinage or both
Silver and gold into standard money. az
exact duality; the silver coin to be a full
legal tender, equal with gold for all debts
and dues. public and private.
"second-We hold that the power to con-
troll and regulate a paper currency is IN
separsble from the power 70 coln inensea 70
circulate as money should be issued and
its volume controlled by the general govern
ment Only and should be legal tender.
"Third--We are unalterably opposed to the
issue by the United States of interest bear
ihg the psyment tn of ia ali coin Obligations Of the
United States as provided by existlng iaWs,
in either gold or siiver COLI al at the ne oppton
"on On these issues we appeal from the
telligence and patriotism of the American
people.
Then follows an Address to the People
of the United States as given below:
"The signers of the Declaration or IN IN
the opinions of mankind required that rea-
sons should be. given for dssolving IN the the
bonds that had bound the colonies TO Great
Britain, so we finding 1t necessary 10 sever
our relations with the political parties win with
new alliances i'm a common cause, deem
IL proper that some OF the reasons wnicn
impel us to this action should be submitted
.rhe % monetary reform for which we con-
tend, as above set. forth, Is. in our Judgs.
ment so vital to the common welfare ana
90 necessary TO a return to conditions OF
prosperity in this country. as 10 precluoe
longer delay in the inauguration OF a move
ment the purpose of which is. to bring to-
gether all who believe in the necessity
IN This se alone. Those in favor OF the gold
standard are and have been unlteu III PuII-
pose and action. Party lines 90 not divide
them when thfs issue Is raised. Dinerences
on other questions are then laid ASIDE. ana
together they ''im we'll beseeming ranks.
march all one way
THE OLD PARTIES.
"On the other hand, those who are in
favor Of a return to the constitutional stand
ard of gold and silver are split into as
many divisions as there are parties. Sill
yer Republicans from the West and South.
TO the great delight OF the leaders or the
Republican party, insist on ccntending Tor
their cause only within the lines OF that
u4rty and Southern and Western Demo-
Gratis earnest silver men, equally to the de-
light of the leaders of the Democratic
party, continue the contest on their part
only within the lines of the Democratic
party In other words the advocates OF the
bimetallic standard. through the unre-
now contend for their cause in organizations
which are controlled by the gold party.
Hence, however jealous in the cause one
may be, no results are possible because bis
party refuses to carry out his views, or TO
permit them to be carried out. 1t is be-
for twenty years. a large majority or the
voters in the United States in favor of re-
storing the free coinage OF both gold ana
silver, but the opportunity to vote their
convictions has never been given them. and
their will has been continually thwarted
Congress for twenty years which, except for
the influence of executive patronage or the
fear of an executive veto would not have
voted to open the mints again TO silver on
the same terms to gold. Indeed. each
house OF Congress has at different times
separately passed free-coinage bills, but this
action has as often been frustrated by party
manipulation. 1t Is as necessary. therefore.
to have a President in sympathy with the
cause as to have a Congress in favor OF IL.
But enough has been said to show the
fmpossibility OF gaining our cause as long
ranks OF the gold party. or In organizations