Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-05-26
Cleveland and Hill.


The banquet OF the Democratic Edito-
rial Association OF New York state. which
took place at Delmonico's on Friday eve
ming last. may become famous all over
the United States. not to say the world.
Why? Because. among its Invited guests
were Grover Cleveland and David b.
JIil. and because these two gentlemen
had something TO say---one in writing and
the other In a speech--on the silver ques-
ton.
There wps nothing new or striking In
President Cieveland's letter. IL was, how
ever just such a paper as all expected
from him who knew his courage in the
expression OF his views and the ability
with which he can I'm choice phrase Inn
press those views upon others But, as
MIR. Cleveland has already been twice
elected President OF the United States.
he "a not TO be considered candidate
for the presidency in 1896. II he should
be nominated for a third term would
be owing to circumstances which the
wisest Of our statesmen and party leaders
cannot now foresee. What he writes
OF man who has no selfish motives die
Eating his course.
David u. Hin Is the boldest and most
putspoken Of all the Democratic aspirants
20 the presidency. His course In the Sen
ate on various important measures which
claimed the attention OF that body at its
last session marked him ont as a man
Il. D,
relative to such measures. The letter
now under consideration. coming though 1t
does from Wall street. so 20 speak. points
him out again as a born leader Of men.
lie does not hesitate 10 say that the
burning question OF to-day is the silver
question. lie refers to the manner in
which the question was treated by both
parties In 1892. as proving that the voters
generally prefer the bimetallic system Of
coinage that prevailed In the United
States before lS7S-a sly hit at the demone-
tizatlon OF silver in 1873. Then. instead
OF traducing the bimetallists. Mr.. HUI
says:
Il do not see how any falr-mnded
European. reading these resolutions (of
JSs9. no matter by which State or party
convention adopted, can infer that our
voters intend 10 coin b0-cent silver dol
lars. or make a half dollar TO be dollar
tn paying debts.
IL DO not think that a majority of
either party in any State advocate coin
age-laws which the advocates believe will
produce a silver dollar, Of less value, IN
fact. than the gold dollar. Those who
urge an immediate opening Of our minis
% silver on a ratio Of 10 really fancy
so far as the majority are concerned that
the United States can, alone and unaided
do as much for silver now as bimetalic
France did from 1893 TO 1873 / think that
smposslble-at least under present con-
ditions l do believe that the concerted
laws OF the principal governments Of the
world combined can, on a ratio Of 10 ID
determine and maintain the relative value
everywhere OF coined or uncoined silver
and gold. Upon that belief l shall act
I'LL II Is oYerthrown by facts"
Unquestionabiy, Mr.. HIN is right The
blmetallists do not intend to coin any
bO-cent dollars. nor to try to make a half
dollar pay dollar debt. He is right
again, when he tells us that a majority
OF neither party advocate coinage-laws
which the advocates believe viii produce
silver dollar OF less value than gold
dollar. Here IS the truth as he sees IT,
and tells It. We quote:
Those who urge an immediate opening
OF our mnts TO silver on ratio Of l6 to
j really fancy that the United
States can alone and unaided do as much
Tor silver now as bimetallic France did
from 1919 10 1873"
What does Mr. Hin believe as TO this |
contention? Hear him:
u do believe that the concerted laws OF !
the principal governments OF the world |
combined can. on a ratio OF 10 IL TO 1.
determine and maintain the relative value |
everywhere Of coined or uncoined silver |
ana gold. Upon that belief / shall act |
till Il Is oyerthrown by facts"
The coinage standard OF France Is
40 IL to ]. That is to say, Mr.. Hin is
willing TO so farther than the silverites
ask him TO 30. Often have the mono
metsilists rIdiculed the proposition that
cooperation with the principal nations
or the world would secure the parity OF
gold and silver at l6 to l. but Mr. Hi
goes further and says that this might
be done at a ratio OF Is 1-2 TO l. And
BE detes all corners when he adds:
Upon that belief shall act TN It is
oyerthrown by facts"