Morris tribune., 1895-05-29
A PRELATE's VIEWS.
Archbishop Ireland States His Position on
the Silver Question.

| Archbishop Ireland States His Position on
| the silver Question.
| CHICAGO, May 28.-Archbishop Ire
land is opposed to the free coinage of
silver. He regards the proposition to
have silver restored as a menace to
all present and future prosperity of
the country. He said SO Saturday
while in the course of general inter-
view.
The archbishop was asked what
might prevent the tide of prosperity,
evidently now just setting in, from
reaching its greatest height, and in
his reply to the question he fully de-
| fined his position on the silver ques-
| ton. The answer will be received
with interest and authority all over
| the country He said:
1.-The present silver agitation might check
the period of prosperity which it seems
is about setting in for us. Without en-
| tering into the merits of the difficult and
intricate questions involved in a discus
sion of the silver phase or craze, 1
would say that, so long as there is no inter-
national agreement between the great gov
ernments of the world-the commercial ma
tions-an attempt on the part OF the United
States to return to free coinage of silver would
be fatal to our business prosperity.
"The United States is largely borrowing
nation. A new country, undeveloped is neces-
sarily borrower of the older nations, and
that must positively be taken into considera-
tion when we lightly speak of changing the
form of our financial basis. 1t is out of the
question that we by ourselves can create a
silver basis to be accepted by the balance of
the world willy nilly.
What we borrow we must receive from
~
vest in millions of securities if they are to be
paid back for their advances in silver when
they can buy the bullion of that metal at fifty
cents. They simply will not do it, and it is an
absurd folly to imagine that we can compel
them to do. We are in no position to stand
aloof nor to restore confidence in our
business institutions except by agreeing as
we have in the past as to our financial basis in
the marts of the world, where we meet all
that is in competition with us and all which
will positively refuse to accept our proposed
silver basis as that of the whole wcrld."
LAwRENcEBURG, KY, May 2s.-Sen-
ator J. c. Blackburn, replying to Sec
rotary Carlisle, in his speech here Sat
urday spoke substantially as follows:
81 do not know in what capacity Carlisle
came here and spoke. whether he came as a
citizen of this grand old commonwealth or as
secretary of the treasury. Carlisle has said
he was never for free silver. On the
9TH day of November, 1878. Mr.. Carlisle,
while sitting by my side in the house of rep
resentatives, voted for the Dick Bland bill.
which was silver bill out and out. Only five
five years later the Sherman bill passed. I
voted against that bill and so did Carlisle, and
yet he is making the same old speech that
Sherman made then. l am going to answer his
argument, every point Of it. He did not adj
vance single new idea. First, he made the
orfio hat have Fraoo o9 ell
yer you will put the country on a silver |
basis and drive all gold out of the country. |
This is not true We have tried it once, and |
when we quit had So to 81 in gold more than
when we began. He says this country would |
be the dumping grounds for all silver bullion. |
tion under the sun that has silver bullion"
SALT LAKE CITY, U. T., May 2s.-
Gen. Warner and ex-Congressman Slb- |
ley arrived from the west Saturday |
and were received by committee of |
the chamber of commerce. A monster
was held at the theater
at night, presided over by ex-Congress.
man Rawlins and attended by repre-
sentative men of all parties. Both
speakers sharply arraigned the admin
istration and the recent speeches OF
Carlisle and Comptroller
Eckels.
Mr.. Sibley said that Mr.. Carlisle's
portrayal of the horrors of free coin
age would not prevent the American
people from giving it an experiment.
He addressed the silver mine owners
particularly, and was immensely
cheered when he said they were the
least part of the calculations of the
that where the mine
owners had lost dollar by
the decentralization of silver, the
American people had lost a hun
lred. He closed by prophesying
that there would only be two parties
n America in 1896, one the party of the
yold trust, the other the party of the
American people, and every citizen
must be on one side or the other.