The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-04-17

wish to say that the committee that waited on
you and the persons who attached their names
70 the invitation as such committee did not rep
resent a majority OF the business men and citi-
zens of tins city. who take deep interest in the
welfare OF this republic. They represent tnat
class that owns money and securities payable IN
money, fixed incomes. We respectfully submit
that your letter did not present the true merits
of this controversy
You call the attention OF farmers and wage
carners to the fact that the raising OF prices,
while enabling them to sell their products and
labor az higher prices, will also cause them 20
pay equally moro for what they may purchase:
but you me- ylect to say that your statement Is
not applicable to debts. With prices coming
down regularly and steadily since the demoneti-
zatlon OF silver. our merchants. manufacturers
and the people generally have been doing Dusi-
ness ON falling market; so that tbs time In
tervening between the purchase ofthe following
merchandise or material and placing it months
after on the market has removed the margin
they would have otherwise made. This SHRINK
ago In values, added TO the ordinary risk and
expense Of business. has led to an ever
Increasing volume OF debt, to money lending
period, until 1t has increased, all told. public
and private, to about forty billions OF dollars,
or two-thirds OF the total value of all the prop
orty In the United States. Money and these
debts payable in money have been steadily In
creasing in exchangeable value with the prop
erty OF the people. A debt for 81. 600 that 1000
bushels of wheat would have paid 10 years ago.
now requires the farmer to give up 1000 bushels
OF wheat In exchange for these dollars with
which TO pay the same debt. The owners OF
products must now give up twice as much prop
erty to pay taxes as In 1873. Taxes. have in
creased as expressed In dollars and have doub-
led and quadrupled as measured In the property
the people surrendered with which TO pay II In
1883.
Tho ,na,,onoa, of ,ho c.aa,tor, h.vo a<.,t
mated your administration and you insist on a
currency they have established rs a sound cur
rency. 1t means the confiscatlon OF the prop
erty Of the people by the sale OF property under
mortgages, executions and attachm nts. IL
means that fixed incomes will wipe out the In
terest of stockholders In our eyes and corpora
tions. When you call the attention OF the far
mer and wage-earner to the fact that risi nc
prices will make him pay more for what he
buys, you should at the same time call his at
tention TO the fact that II would enable him to
pay his debts-free him from a bondage In
make him the owner OF home and free and
independent citizen. We submit that our
mints again be thro wn open to silver and our
stock OF primary money increased thereby.
To the gentlemen who visited and petitioned
you to represent only one class OF our people,
we respectfully submit that it was the inten-
ton OF the founders OF this government that 1t
was safer that all the people should do the
thinking for It than any one class should do it
for them. We agree with you that it is time
for the people 10 reason together, and TO that
end we respectfully ask that you make 1t possi-
BILE for them to get printed copies OF the act OF
1872 on which our forefathers based our inan-
cal system, and all subsequent acts, together
with the act OF 1872 that reversed the former
policy and acts subsequent thereto. as well as
all statistical and other Information OF an Of
ficial nature at Washington to be found there.
Respectfully. w. II. HARVEY,
Chairman Bimetallic Executive Committee.
New YORK, April 16.-The World says:
''The World believes that the great ma
tions would do we'll to give rehearing in
international conference to the question
of making a larger use of silver as money.
But for this country alone to attempt the
restoration OF silver to free coinage at
nearly double it's bullion value would
clearly be to invite disaster"
PHILADELPHIA, April 16.-The Times
says: while silver spectators and po-
litical demagogues are tireless in their ef-
forts to mislead the public in the issue of
honest money, Cleveland strikes at the
very marrow of the disputes when he says:
Disguise it as we may, the line of battle is
between the forces of safe currency and
those of silver monometallism.'
DENVER, April l16.-Regarding President
tee, the Republican says: "If his letter
contains the best arguments that can be
advanced in favor of the single gold
standard, intelligent people in this coun-
try are certain to repudiate that standard
as soon as they can get an opportunity"
The Netos says: San actor at Washing
ton now appears without his disguise.
Obedient to the money power, of which he
is friend, ally and servant, he openly
throws the weight of his great position on
the side of the money kings and against
the people. No more striking confession
OF the growth of bimetallism has been
wrung from unwilling lips"
Gen. A. j. Warner stigmatized Cleve-
lands financial letter as a dishonest
presentation of the facts, which contained
an apprehension of defeat and the &C
knowledgment of great battle pending.
Ex-Congressman Sibley said the letter
consisted of empty words signifying moth
ing. Gen. James b. Weaver said: "The
presidents letter is stupid, and does not
add anything TO the economic literature
of the day, and is only valuable as 1t as
sists in defining the great issue now be-
fore the country. His wing of the demo-
cratic party will be found training under
the republican banner in 1896" There
promises to be a great outpouring of peo-
pie at the open air meeting this afternoon.
when Sibley and Warner will deliver ad-
dresses. They will speak at Pueblo to-
morrow night, Leadville Thursday night,
Aspen Friday night, Grand junction Sat-
urday night and will reach Salt Lake Sun
day.
NEW YORK, April 16.-The Posts special
from London says silver stock Is strong
on the belief that peace is about definitely
concluded in the East.