New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-08-20
Mr. SCHWAB URGES CONSTANT WORK.
THE slLVER CRAZE. HE SAYS is NOT A THING
or THE PAsT-ITs HOLD on FARMERS
AID WoRKINGMEN ~ THE WEST

Gustav Il. Srhwab. who has been directing the
work OF the Chamber OF Commerce against the ST.
yer craze sails for Europe to-day. Mr.. Schwab ex-
poets 10 be abroad only few weeks and will re-
turn in time 10 conduct vigorous campaign against
free coinage IN the fall He believes that from
until after the Presidential election the Chamber Of
Commerce should leave unturned 20 con-
vince people Of Importance OF sound money
essential factor OF prosperity. inasmuch as the
President ana Congress TO be elected in 1896 will
largely make the prospects OF this coun-
try a. n commercial Nation. Mr. Schwab thus out
lined the present OF the silver situation.
shown by daily reports 10 the sound-money head
quarters
The outlook for the ultimate triumph OF sound
money IDEAS is encouraging, but we have great
deal Of work yet TO do before success is assured
and instead Of holding conventions and spending all
their energy in talk and noise they are quietly form
let In the hope OF capturing the next Congress and
President. Hereafter. instead Of using their lungs,
the opinion is held that the silver is thing
o. the past. This opinion believe TO be entirely
ana towns in the West and South on the whole,
cannot be regarded as sound on The question che
ua,ion The factory operatives and working classes
culated through silver publications and exploited by
politicians and demagogues that vote taken, for
example in the manufacturing districts OF Ohio
would undoubtedly show a formidable majority In
favor OF the free coinage OF silver at the ratio OF
Is to by this country, without reference TO inter
national action. The condition In the manufacturing
towns o. Ohio is paralleed by many cities and
towns in other States. and for the farming pop
u!ston Il r. only necessary 10 refer to the over
~heming defeat OF sound money In Mississippi. Mis-
sour is about bad. The sentiment among the
farmers In other States in the South and West is
the same
At our very door in Pennsylvania We find the
leading politicians OF the State working for free sill
Yer and The senior Senator willing 10 leopardze the
industrial interests Of his State In order 10 become
a Presidential candidate on the free silver ticket
he demagOgues and politicians are using the craze
Tor their own selfish personal advantage ana noto-
rieiy and even many honest men OF supposed CHAR
actsr and reputation. who candidates Tor state
and local Offices do hesitate 10 bow 10 the silver
Baal and sacrifice their own convictions In order 70
secure their immediate political future. Not Only
are secret societies being formed in various parts OF
.aea beng 20 propagate free silver failacies through
regularly constituted lodges, but the SILVER craze
budding In other quarters in the formation or OIL
metallic Leagues which passing the hat TOT con
tribu-lons foster the free-svsr cause Al tne
bottom Of this f-ee-sver agitation there Is nothihg
property and, disguise II as they may. the leaders
Know that II is through appealing 10 me isnofalSs
preucices Of the unsducated that tney nave sal"e'
so many converts ,-,..- &.
not over and the friends OF sound money and OF ne
present order OF things in this country mus nsshe
up their minds 70 organize for determined enort,
% put down once for ali the sociaistc splrll OF
ratism that Is being appealed 10 by the silver nisi
through campaign Of enlightment ana eouca,lo
mat VII show our misguided Fellow cit1ens ""e'7
tneT true interests lie.
During Mr. Schwab's absence, Joseph & hehur'A'
president Of the National Union Bank and Chairman
OF the Finance Committee. will direct the SOUND
money work