Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-05-16
THE MONEY QUESTION
Its Interest in the Coming Kentucky
Campaign.
EI-REPRESENTATIVE STONES VIEWS
It Must Be Handled With tho
Greatest Care.
NICE ADJUSTMENT NEEDED

| Ex-Representatlve VIM. J. Stone of Ken
lucky is in Washington to intercede with
| the President for the pardon of q young
postal clerk of his state. who has pleaded
| guilty of violating the postal laws.
| Mr. Stone is of the most important
| factors in Kentucky politics, and has been
prominently mentioned a candidate for
the gubernatorial or senatorial race to come
off next fall in the blue grass state. Mr..
| Stone has now declined to have his name
| used for these honors, and as layman in
| his party Is using his influence to steer the
| democracy clear of dangers in the Lear
| future. He does not think the democracy
| of Kentucky has "wall1over' in the COM
ing gubernatorial race, and believes that
success Will come only with fine general
| ship, and unless this generalship is shown
| he fears the country may again be sur
prised by seeing another victory in his
state for the opponents of the party that
| has so long been in The aScendancy.
Danger in the Money Question.
''There is danger of the defeat of the
| democratic party in Kentucky, If the
money question is not properly handled"
| said MIR. Stone to Star reporter today.
In my opinion. the money question should
| be handled by the party in the same man
ner that the tariff question has been han
died in past years, and l believe the party
can satisfactorily adjust that question. In
handling the tariff question the democratic
party adjusted its platforms so that the
party was kept united until the country
| was thoroughly informed on that subject.
| The result OF those years of education and
investig cation was the sweeping victory of
| the party in the tariff issue in 1892. At
present the tariff seems to have disappear
! ed from politics. and only the financial
| question is at issue. / believe If the dem
ftp RI onfG tcafx in, ftpol<x
| will adjust such a platform on the money
| question will permit both elements of
| the party to freely and enthusiastically
| support it. That plan followed by the dem
| ocratS both in state and national conven-
| tions will result in the final adjustment of
| the financial question satisfactorily to the
| people and to the good of the country,
| without the disruption of the party"
The Drift ON Silver.
How is public opinion in Kentucky
| drifting ON the silver question:" Mr.. Stone
was asked.
Until after the stress came upon the
Treasury Department over the question of
the redemption of government obligations
| in gold Or silver. all the democrats of Ken
| tucky were silver men. Since that time
there has grown up in our state a senti-
ment among some democrats in favor of
the of gold alone in such redemptions
and opposed to the further use of silver.
Next Monday Mr.. Carlisle will speak at
Ccvington. and will define his ideas about
the money question. If he comes out
squarely against silver he will antagonize
very large majority of the democrats of
Kentucky. l understand, however. that he
is going to declare himself in favor of BIZ
metalliSm. The speeches he makes will be
important in the shaping of kentucky pol
itics, and much depends them in the
maintenance of harmony among the democ-
racy.
when l discuss the silver question in
Kentucky 1 propose to try to make the
people who are in favor of a single gold
| standard, although they claim to be BIZ
metallists, tell what they mean. 1 am a
5imetallist myself. These gold standard
bimetallists say they are in favor of using
both gold and silver. Under the present
construction of the value of our silver dol
lar it is no more than paper dollar in
circulation The Treasury Department
| construes the law to mean that all the coin
obligations of the government are redeem
able in gold. If that is true, we have no
use for single dollar of silver. We would
be better off without it. The only use that
l can see have for metal money is to
conduct our exchanges with foreign nations
and guarantee the circulation of credit or
paper money. We have not enough of
either of the metals to do that in my opin-
ion. If SO, We want but one metal. If We
have not enough gold to conduct our
| money relations with foreign nations, we
want another metal, and silver is the next
most precious metal. Merely for use in
| current exchange paper is more convenient
than silver, and silver is useless If that is
the limit of it's use. We should know how
the gold standard bimetallists wish silver
to be used. 1 believe there is not enough
geld for the final redemption of our obliga-
tions to pay 'coin and therefore silver
should be added to it.
The Kentucky Farmers.
II noticed in The Star of yesterday" con-
tinued Mr.. Stone, that eX-Representative
Coombs of Brooklyn is quoted as having
heard from a friend who overheard two in
telligent farmers of Kentucky discussing
the money question, and, according to Mr..
Coombs informant, these farmers were
very much interested in having an honest
man chosen to distribute the silver in the
treasury among the people of the country
when free silver law should be passed. l
am Kentucky farmer myself, and l am
very well acquainted with the farmers
throughout the state. l am satisfied that
Mr.. Coombs either meant to be facetous
or had been outrageously imposed on by
some one who was playing on his iSnor-
ance. l satisfied there is not Il farmer
| in Kentucky, nor indeed, any other citizen
of the state, who is SO grossly ignorant as
Mr.. Coombs would have the public believe
from his interview in The Star: In fact.
upon the financial question and political
matters generally, l am satisfied that the
average Kentucky farmer is far better
posted than Mr.. Coombs or any other man
who would suffer himself to be duped into
retailing such stories to the public.
Our democratic state convention meets
on June 25 There are but two candidates
for governor-P. w. Hardin and c. M. Clay
I'm the senatorial contest there are Nc
Creary, Blackburn, Gov. Brown and eX-
Gov. S. 8. Buckner 1t is asserted by all
who know Secretary Carlisle best that he
will not be candidate for the Senate. 1
understand he will not take part in the
contest further than to n axe the speeches
he is engaged for next week. These
speeches will deal alone with the financial
question"