New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-04-14
MIR JONESs FAVORITE THEME
THE NEVADA SENATOR TALKS ON SIN Els

TRY, lie REPEATS, AND lO' Dill
BUSINESS; AND THERE YOU ARE-THE
CURRENCY QUESTION IN THE
NEXT NATIONAL CAMPAIGN
~on ,obn y ZONES. of Nevada. is at the
A.,or House Senator Jones was delegate 10
,he last international Monetary Conference heid
at BRUSSELS and also named as ueies" "
the next conference. but declined 10 serve. 'e''O'
ZONES of Arkansas, was named 10 Hi HIS p'0'
TIL. Nevada Senator is much irritated over an u'
authorized interview which was puoHSheu IA
orp,ur naner In which he is quoted as saying tha'
Senator Pettigrew and Senator DUBOIS ana eN
REPRESENTATIVE Joseph c. Sbley We're III 'ne wy
as representatives. of Western SILVER men anu III
tended 10 purchase a newspaper TO voice 'heH
iced Senator Jones in speaking of this interNie"
$50. 81 dop.t know on what grounds such an in
terview is based l never said any such thihs anu
narrower don't believe what am alleged 10 nave
said | have not seen Dubois or Fetugre" anu
know nothing Of their plans. AS Tor oloey Wv
NOT think that he has been in the city at all Inc
a6,isahilitv Of purchasing a paper in New-fork TO
booro a candidate for the Presidency on the Tree
silver platform was discussed. and objected ~ IT,
l do not believe that paper with a slhsle ely
even If It's cry of free silver Will succeed any
Mace To have a silver paper you must nave
great newspaper in all departments or 1t VIII not
do any good We could not secure any OF the IN
Auential papers OF New York and there is not ume
TO build up one. and vetoed the whole scheihe
do not think that the matter was ever even
seriously considered.
Senator Jones spoke about silver and the paf' ne
thought il would play in the National politics OF inns
country during the next two years. He SAID IN
reference TO the next International Monetary con-
ference: Il declined to be a delegate because
believed that it would be time thrown away AS
delegate 10 the last International Conference
was placed in touch with the financial centres Oh
Europe | feel convinced that the next conference
and
,nee nat each other on the back. fatter edch other
about the greatness of their respective nations. anu
adjourn without doing one thing TO ease 'he HhdH-
cial ills of the world | wanted nothing 10 40 Win
IT, The whole trouble is traced to the pohd-o"hihe'
money lending bankers of Europe. There Is moi d
walton in the world that go to war without
consulting these money lenders. These men mo-
nopolze the money of the world TheN Grlp Id
ton by the throat and relentlessly throttle II, SO
that they may squeeze out drop by drop Its NE
blood 10 get their usurious interest 1t Is estimated
that these money sharks have accumulated S'V"V'-
900 900 Of unearned increment and yet they reieht-
Iessly maintain their course OF nation "rech'"s.
When a monetary conference meets the mana VI
this gigantic combination is felt and the conference
is compeued TO throw 1t a sop. and the result IS
sheer fOOshneSs
As - silver itself" said Senator Jones. the
sentiment is growing The odd feature - me in all
This goldbug cry of mOnOmetallism Is that WINE d
dollar may go below par it never goes ABOVE. "neh
n silver dollar gets down 10 value Oh ~ 'V''''
then the report of a deprecated currency Is maze
and bankers say that money is cheap ana inc VOL
ume must be reduced. In the great silver heht IN
the Senate. when the Sherman Silver purchase aC'
was repealed, / made the assertion. ana dehed an!
one to refute il. that there was not s-V"""V Vi u
coned silver in the world to-day. 1t could not De
contradicied. Decrease the Volume OF money "''u
ms, 90 surely YOU will decrease the volume OF ous-
ness When | boy | worked IN 4 uahk aS "
bookkeeper That was before the goldtlelds OF Can
fornla and Australia were discovered MONEY was
,,obt and vet the cry was that there was too much
money in the world. and interest was as ~" a.
g. and per cent. Then came the discovery OF ','e
new rolddelds, and the volume OF money IN the
world was doubled. The result was that every one
had money. Business doomed ana interest jumper
from TO and per cent. Interest Is the od'o"e
Ter Indicator Of a nations prosperity. The banker
and money-lender says to-day that there IS 100
much money in the world. and points as PROOF 70 he
fact that interest is down to and per cent i"e
came the conspiracy against silver IN orueI u nan
gold 20 up. 1t is all wrong in theory anu ',e
nrac;ce makes the distress that the country Iee'S
today II you had 100000 at this moment VIVA
would Won do with ito You would go out ana tam
with business men and promoters. On every sue
Won would meet with gloomy forecasts l"ei
annarently no money TO be made any place anu Dis
= resnlt Won tuck your money in the bank or IN
vo,r nocket and wait for better times. Inc ONLY
ra,ior &c N swell the volume OF money ana DUST
ness will follow, and a new era OF Piospe'"' "''
open TO the country
Wv, how are YOU going to swell the volume Of
o,o.o There IS in the world to-day S2~,V"v"VW
Of money At least that is the estimate Out w
NOT believe that there is that much Now IN oroel
10 double the business Of our country you mus.
double the money. Interest Will jump from ana
2 per cent to and per cent when the ne" oiuei
of things is established and the merchant ana
business man sees a chance to go into business
where he Will make AK obstaee TO double the money
mi
go 900 in current specie. There is not that nun zen.
SO 600 of uncoined silver. and there Is iess goo
Where is it come from? Inc idea ihu.' - ne
Coin IN. money that is in urconed metal Then
YOU S cone e Oa and business viii grow as volume
of money grows. Then as business grows Ni 1
" %''t the Nations prosperity, and eventually as the
volume of money and the volume OF pusine5S ,i,,
We're striving for in reviving the Nations Dusi-
ness which has been Frustrated Tor tTo years Ears
our financial system the attempt TO secure an an
elasticity Of currency that VIII conTsf' VIII on on
1t is all mistaken theory ana VIII De rsH'ed ID
The question Of silver in politics is big one
Silver stands in unique position. IL mas pa cin
for which the poor and laboring classes are making
fight 1t is night for emancipation from tne gOq
system which is sucking the life out OF the poor
as much as the night OF l776 against England
tyranny for similar ree The Is cs s9Inq 10
II think that in 1886 the greatest hght ,hat tne
milton for silver The people not organized as
silver party. but each one feels his wrongs ndi-
vidually, and the united vote will be tremendous
The question is whether there will be distinctive
silver party in the field at the election 1t de
pends upon the attitude Of the old parties No can,
didate that has been named by the old parties Will
completely satisfy the West unless such candidate
takes clear stand on the silver issue and defines
his ambiguous and gold-fraught utterances Of the
past Mr. Sibey has been named as a candidate on
a silver ticket in the next campaign Mr. Sibley
does not wish to run and will withdraw quickly If
either OF the old parties makes satisfactory conces-
sions silver. But If they do not he VIII enter the
field and no candidate that has ever run on an in
dependent ticket before has ever had the following
that will be his Silver ignored means the birth of
new party. A new party means defeat or dsorgani-
cation for old parties We believe and hope that
the Republican or the Democratic party Will recog-
nize us and then the formation OF new party Will
L. filal that carried