The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-03-06


acter.
Washington, March 5.-The following
was today issued by the American BIZ
metallic league:
IA statement of the issues on which
the new party will organize; The money
question is now indisputably the domi-
hant issue IN the United States and viii
remain so until settled and settled right
~. Other questions, however Important,
must wait for this, which, to greater
or less extent, involves all others. The
issue is between the gold standard, gold
bonds and bank currency on the one
side and the bimetallic standard. no
bonds and government currency on the
other.
''First-On this issue. we declare our
selves to be unalterably opposed to the
single gold standard and demand the i'm
mediate return to the CONSTITUTIONAL
standard of gold and silver, of the res
toration by this government. independ-
restricted coinage Of both silver and gold
into standard money at the ratio OF 10
the silver coin to be a, full legal tender,
equal with gold in payment OF all debts
''Second-We hold the power to ccntro!
and regulate a paper currency is lnSep-
arabic from the power to coin gin money c1
circulate as money should be issued ana
its volume controlled by the general gov
ernment only, and should be legal tender,
Opposed to Bonds.
'Third-We are unalterably opposed to
the issue by the United States of interest
bearing bonds in time of peace. ana de-
mand the payment of all coin Obligations
of the United States as provided by ex-
listing laws in either gold or silver com
at the option OF the government, and not
at the option Of the creditor. On this is
sue we appeal from the dictation OF the
power to the intelligence and patriotism
of the American public,
Address TO The People OF The Unlted
States:
for the opinions of mankind required that
reasons should be given for uiSSolYing
the bonds that had bound The colonies
sary to sever our relations With the poll
teal parties with which we have here
tofore acted and form new alliances, III
a common cause, deem 1T proper that
this action should be submitted 20 a
candid public,
1.-The monetary reform for which we
contend. as above set forth, is, in our
Judgment, 50 vital to the common vel
fare and SO necessary to return 10 con-
| dition of prosperity IN thls country
nration of a movement, the purpose OF
which is to bring together all who believe
IN the necessity of the proposed reform,
in favor Of the gold standard are and
| have been united In purpose and action
Tarty lines dc not divide them when this
lions are then laid aside and together they
in well beSeening ranks. march all one
way.
An ODDortuuity offered,
/ ron the other hand, those who are II
favor of a return to the constitutional
| standard OF gold and silver are spit INTO
as many divisions as there are parties,
! Silver Republicans from the west and
! south, to the great delight of the leaders
/ Of the Republican party, insist on con
! tending for their cause only within The
| lines of that party; and southern ano
| western Democrats, earnest silver men,
! equally to the delight OF the leaders OF
| the Democratic party, continue the con
! test on their part only within the lines
| OF the Democratic parry. IN other WqfuS
/ The advocates of the binetalHc standard
! through the unrestricted coinage OF sill
| yer as well as gold, now contend fol
! controlled by the gold party. Hence
| however jealous in the cause one may
| be, no results ere possible because his
! party refuses TO carry out his views, OF
| to permit them to be carried out 1t IS
| believed there are now and has been foI
! twenty years, a large majority of the
| voters in the United States in favor o.
| restoring the free coinage of both gOlG
/ their convictions has never been Siver
! them, and their viii has been continually
| thWarted by party chlcanery- There has
! not been a Congress for twnety years
! which, except for the influence. Of eXecu
| tive patronage or the fear OF an eyecu
I tive veto, would not have voted to opeT
terms as to to gold. Indeed, each house
I of Congress has at different times 5epa
! ratelY passed free coinage bills. but this
| action has often been frustrated by party
I manipulation. It is as necessary there
! fore to have a president in sympathy
with the cause as to have "a Congress il
Must He United.
But enough has. been said to show, th'
| impossibility of gaining our cause as Ions
as we remain divided. or fight only in TIL
ranks Of the gold party. or in organizA
lions controlled by the advocates Of TIT
have expected TO win the independence
of the colonies IT, while contending fol
the cause of liberty. they had refused Il
separate from the Tories Independence
could never have been won by fighting
for liberty in British regiments.
I And fellow-citizens, this great Gauss
will never be won without unanimous &C
ton It will never be won unless thos,
who believe In Il come together and cleo
2. Congress and a president on this issue
| There is no hope whatever that the Re
publican party, as a party, Will chang
its policy up the gold standard AM
restore the bimetallic standard. Their
are no grounds for such hope, and WI
! believe they are deluded who look TO
such change of policy by this partv.
''The Republican party is committed b!
its leaders. by its record and by the pres
behind II TO the gold standard supporter
by gold bonds. and to the retirement o
the greenbacks and the surrender of tn
issue and control Of paper currency Il
the banks.
NO less persistent and effective IS th
control of the money power oyer the or
! sanitation of the Democratic party
| While undoubtedly a large majority Q
the members of that party are opposed
to the gold standard. they have beel
powerless to control that party organiza
ton against it, and much less to- secur
| through it the restoration of the bimet
allie standard.
New Kettles for New Wine.
"While this IS the case, it cannot b
expected that ReDuDlicanS will abandon
! convictions of q lifetime on other cues
tons and go into the Democratic part,
! in body. or into q wing of that party
Nor will Democrats give UP conviction
| they believe to be essential in govern
ment, and go over to the Republican oar
I ty or a division of that party Nor IS j
! possible to induce Republicans and Dem
\ OcrdtS together to go into the Populis
marty for the reason, if for no other