Middlebury register. (Middlebury, Vt.) 1886-1937, 1895-10-11
THEILLINols STORM CENTER.

he says is interesting. His views fail to |
cover the national situation, but they |
cover that of Illinois He saws that he |
cannot see how the national convention |
can be brought to agree with the plat
form adopted by the State convention of |
Illinois last June. That, of course, de-
ponds on whether the Democrats of the |
country are in favor of restoring silver
to its old place in our currency as part |
of the money of final redemption. If
they are not. and conclude to make such
a declaration, that of course will involve
other developments that cannot now be
perdicted or foreseen.
1t would be interesting to know why
the Democrats of the country, with the
exception of the East, do not agree with
the Illinois platform, which calls for the
restoration of silver. But it would be
premature to discuss that question now.
The test is to be made, and we may be
very sure that the honest voters of the
country will not hesitate to express their
views-if not at the primaries, at least
at the ballot box. The views of Colonel
Morrison himself are very interesting.
1t is well known that the chairman of
the State Democratic committee of ILL.,
nois-one of the most urcOmpromsng
free coinage Democrats in the country
is one of eX-Congressman Morrisons
closest friends. Consequently, we may
be sure that the views of one do not diff
Ter in any essential particular from the
views of the other
This is to be discovered from the re-
marks that Colonel Morrison makes on
the financial question. He says he
r doesn't believe there is a Democrat III
the State who desires silver dollar to
be worth less than "A gold dollar. Speak
ing for the free coinage Democrats of
the country. the Constitution can very
heartily say that they do not want a sill
yer dollar to be worth less than any
/ other kind of IA dollar. But they be-
leVe that when the minis are reopened
to the free coinage of silver the result
being an increased Cemand for the white
metal for use among the people, or as IA
! basis for paper notes-will increase its
10 value until it circulates on parity with
gold.
Those who assert to the contrary have
nothing but an assumption to sustain
. their view, and not even that, for it is
well known that the minis of France.
during period of eight years. kept the
commercial ratio of the two metals at
common level-kept it so when more
silver was produced than gold and when
more gold was produced than silver.
The variation in the ratio was chronicled
in the rate of exchange between Paris
and London, and if this variation Is
worth nothing at all in taking account
of this great question, TIE fact ought TO
be mentioned that the ratio between
English and American gold lacks great
= deal of being on Il parity"
Why should this condition exist? 1t
is called 1.-THE rate of exchange" but
the phrase means nothing more nor less
than that there is a premium on gold in
one market or the other. The term is
calculated to befuddle the minds OF those
who have never studied the financial
question; but it is perfectly clear to
those who have taken the trouble to in
vestigate the matter.
4 Colonel Morrison goes on to say that
{; gold and silver, as money. should be
equal in value for purposes of trade and
commerce and the payment of debts,
i, al II ,et ~
e. free coinage Democrats. They believe
that the open minis would bring about
these conditions, and that the two
o! metals, under free coinage law, would
make the debt-paying power of each
equal to that of the other.
so far so.good, but Colonel Morrison
goes farther and says that he wants to
Fl, see "a broader basis for actual money
than that which would be furnished by
either one of the metals; and he adds
that one metal alone will not be suiii-
II Gent
In these things he is at one with the
IN free coinagel men of the country. His
platform is as broad as that on which
the people thought the Democratic
party stood in 1892. The men at the
head of affairs refused to carry out the
terms of that emphatic declaration, but
the people who placed them in power
he are still in favor of the opinions therein
II enuncated. 70 catch their attention
H. the party will have to be more emphatic
= than ever. 1t will have to flavor its de-
claratons by the selection of a candi-
e. date who is known to be heartily in
, favor of each and every one of them
candidates in 1896
, No less than 5000, 900 eggs are con-
- sumed each year in London, most of which
- come from over the sea.