Evening journal., 1895-07-23
GRAY FOR SOUND MONEY
SILVER PEOPLE WILL NOT BE sue
cESsFUL nv THE COMING CAMPAIGN

work Of the New York Chamber or Com
meros is Bearing Rich Fruit and Cannot
But BE Productive Of Much Good-Free
Silver Cuts No Figure in Delaware.
While ia New York. awaiting the sail
Ing Of his steamer for Europe, Senator
Gray rave the following as his ideas re
gardiug the silver crsze:
i do not believe that the free silver
people will DO successful In the coming
campaign, either this Fall or at tbs
Presidential election. The incieations,
SO far as l can Judge, are that sound
money is making considerable progress
In every state OF course, / understand
that there is following Of free silver
men Ia our state, but do not think It
cuts any figure in the Democratic party
my opinion is that the campaign Of
educ stion inGugurated by the New York
Chamber Of Commerce ls bearing rich
fruit, and cannot but @ productive Of
much good Ia the way o; teschug the
people the right view on this important
question
The, fundamental argument Of the fr, g
silver people Is that ws need nore money
ard that the world is suffering now from
a lack Of sufficient currency The fact is,
Bs Secretary Carlisle stated that NiaatS .
five per cent OF the entire business OF TIC
country Is transacted without thu actual
use Of metallic money or its paper
representative. Ia the progress OF our
wonderful civilization we have arrived at
period when the exchanging function
or the precious metals and of the cur
rencies Of the people is becoming rela-
lively less important, and .he measuring
function Of the standard money Is b.
coming relatively more important.
81 have said In Congress, and I Say
again, that there is no more conspicuous
landmark on the pathway or civilization
than the relegstion Of the metals. botI
gold end silver to function of less use
In the exchange OF life and to an increase
In their importance as measure OF
value. We need only to call to MIND
two or three of the mechanical inven
tions that have signalized this century
ard especially he last half OF e.
IL Is commonplace to cay that steam
has rsvolutionizsd the business OF th
world. Long since steam has becom
factor ia this worlds civilization thsr,
have been improvements 30 the use Q
that wonderful agent which in the las
1 uhAiiy fpatH LuNo EEuhh tuNihe
revolution almost 80 wonderful il no
quite es wonderful as the iltroduotio
OF steam itself. As wonderful as th
suparseding by modern railroads witt
their steel rsil5 and stone ballast an,
improved engines of the first crude at
tempts which were made in steam trans
portation, the economy Of fael brough
about the developments OF the expansi
bility OF steam, tho triple expansion en-
gines, the double and triple sore US 10 tb
great steamships that traverse the oesar
These have served to bring the c.vilizs
world together ia one gfegt busine
solidarity, 20 that communication no
belween this coun ~ and the remotel
paris of the civilized world IS as cor
j venient, aa quick, as unembagrasse6,
J thirty yeara ago 1t WAS between Il
eastern states OF our uniou aud Il
region west Of the Mississippi, betWee
J the states on the lakes and those on IL
guilt There Is no difference, In
business sense, between tho rules AZ
condition that govern exchanges bstwes
Boston .and Deaver than between Ne
York and London.