The L'Anse sentinel. (L'Anse, L.S., Mich.) 18??-current, 1895-05-11

From our regular correspondent.
wAsHIsoros. May 8, 1895.

The opponents OF silver are just be
ginning TO realize that something more
than few letters from President Cleve
lasd. who, by the way. has never beer
generally recognized as great 6nancier
will be needed to meet the avalanche o.
silver literature. With the realization
comes the discovery that there are few
printed arguments In favor of the gold
standard which are In such shape that
they can be utilized for general circula'
tion among the people. A Washington
bookseller who sells more largely to poll
ticianAthan any other man in the ceun-
try, and whose only direct Interest In
the matter lies In his being able to sup.
ply tho demand for any sort of political
literature says on this subject: 1T is
remarkable that practically all Of the
popular financial literature Is on the
silver side OF the question. There is
only one important book, Macleod's BIZ
metallism, which stands up for gold, and
that is foreign publication. From all
kinds of sources-many Of them surpris-
ing-come pamphlet arguments for sill
YER. There is great demand Tor any
kind of popular anti-silver contentious,
but with one or two exceptions there Is
NO material in tho book market that
comes near to fulfilling the require
ments. 1t seems to me that the admin
lstration, which is committed to gold,
should make some statement of its be-
lief which can be easily digested By
folks who are not experts In finance.
am constantly asked, verbally and by
mail, If there is not such a publication
ia existence. can supply the friends
OF silver with all the arguments they
want, but the demand from their OPP
there is nothing to satisfy 1t with"
There was q general feeling OF relief
in Washington whea the news arrived
that the dispute between Nicaragua and
England had been practically settled.
Although absolutely nothing could be
learned at the state department about
this governments acts or intentions, the
cable news from London made 1t plain
that the situation was dangerous one
and would continue to be as long as the
English occupied Corinto; few hot
heads or fools on either side could easily
have started war that would almost
certainly have Involved this country. AS
to how the administration and the Mos-
roe doctrine comes out of the affair,
there are all sorts OF opinions, depending
entirely upon the point from which the
matter is viewed. The critics Of the ad :
ministratien are most numerous, more
numerous, probably, than they would
be had the state department male public
the position of this government. instead
of refusing to give out anything con-
corning 1t, as partisan politics seldom
cut any figure in the support given all
administrations In dealing with our
foreign relations.
The argument for re-hearing OF the
income tax cases was begun today before
pectei this week. but there is much
doubt as to its nature.
The United States engineer conmls-
sion which is to make an inspection OF
The Nicaragua canal, In accordance with
an act of the last congress, sailed from
Mobile, Ala, this week, on tho U. S. S.
Montgomery, going direct to Greytown.
which is at one end Of the canal. or
rather tho proposed canal. The report
of this commission will probably be an
important factor In determining what
congress will do about the canal. as it
will contain much that has not been OBJ
tainable from sources calculated to in.
spire confidence.
Hon. Charles Foster, OF Ohio. who was
President Dariison's secretary of the
treasury, is In Washington. When
asked what he thought the two old
parties would do with the financial ques
tion no said: "The republicans will not
vary from their present attitude, but |
will stand pat on their previons declara-
tions. The democrats will be dominated |
by the free silver wing Of the party. and |
after coming out squarely for free coin
age ~ their national conyentiou, will
put up a candidate In known sympathy |
with that policy"
Ex-senator Blair, OF New Hampshire
offers this solution OF the silver question,
which Is significant when his residence
and party atfiliation are considered "Let
congress declare that On July /, 1898,
this country shall begin the free coinage
OF silver. That will give the werld
notice. If that should be done we would
have no more trouble than we aid In re-
Stunning specie payments, of which notice
was given four years ahead. The other
nations would fall in line GRACEFUL y, for
they would be IN measure compelled
to do SO. The idea of securing iDterna-
tional consent by any other method is a
snare and u delusion. The world needs
silver and tho United States can well
afford to take the initiative In its re-
Mobilization"
CXAMCC