The Caucasian. (Clinton, N.C.) 188?-1913, 1896-10-01
LEADING BUSINESS
MAN FOR SILVER.
d. Z. Thurbsr, Of New York, Sew
ers his Connection With the
Republican Party.
CAN'T STAND MARK HANNA

o"iS Desife 10 10 Sf.sh aud oppr-es
the foor-BsiaIy Give. R...ss ssr Hi.
Aetioo-An Interesting Ctrrai.r-Wky
the M.s.>- should Vote for the -n.y
Orator.
a. h. Thurber. the senior member
OF the firm of II. X. Thurber 4 Bro.
the largest wholesale grocery bous.
IN America, has r-noInced his old
political faith as Republican. In
replytc friend As 20 why he re-
nounced his party allegiance Mr..
Thurber sent the following letter.
New York, Sept. lj.-Mr. J. l..
Hackley: Dear Sir-Iours OF the 9th
inst. al hand. Mckinley cannot
carry New York State if the masses
of the party vote the ticket, ami |
think they will. The labor Unions
are with US, and where there is one
gold Democrat We lose there are, as
l believe, three silver Republicans
to take his place. The fight between
Miller and Platt will help us in a
small degree. If the New York
Kings and Queens Democrats can GO
to the Harlem River with 10000
majority, instead. as formerly, with
40, 900 TO Gc,00O. | believe the State
will be ours. The excitement is SO
great and feeling SO strong il covers
very many employees from talking
and many debtors also, but their
ballots will 60 for Bryan. know
this to certainty 10 be the fact. |
have not in years at this period be-
fore election seen the signs point SO
unmistakably as thew do now for the
election of Bryan. Yours truly.
b. X. THURBER.
Accompanying the letter were two
circulars, which Mr.. Thurber has
had printed, showing the reasons
that urged him to depart from his
old-time principles. These circulars
will make profitable reading for
working men and should be dissent
mated everywhere. The first is ad-
dressed to my friends and is as fol-
lows:
THE CIRCULAR.
"The question comes right now to
US whether we shall have a bimet-
allie currency or the single standard
of gold as the only redemption
money. On this point there is a
great difference of opinion, and
many good, honest, thoughtful
Americans take different sides.
(which is right? Which policy il
the better for the greatest number oi
our people7
"On the one side are ranged the
money classes, the men whose wealth
is invested in bonds and mortgage:
and other evidences of Indebtedness
and they claim that if we have free
coinage Of silver that they will bt
paid in what they call "50-cent dol
lars" They say that is dishones
and wrong.
"The people on the other side say
that silver at a ratio of about 15i to1
has been used as money from tn,
time that civilization began down Il
1917, when England became a credi
tor nation; and that she has eve
since that time been trying to fore,
the commercial nations of tue worl,
on a gold basis, that would reduc,
the amount of redemption none,
about one-half, that would reduc
! the price Of all property other thai
gold and evidences of indebtedness
that would be payable in gold if ther
was no other legal tender money.
"a single gold basis would injur
and in many cases ruin financial
the progressive men of our country
, and would be detrimental to the in
teresrs of tens of thousands Of tn
poor classes, while it would enric
only comparatively few.
"We say that it is dishonest an
: wrong when We have invested ou
earnings in property ether than gol
+ on a bimetallic basis that by law gol
, should be made the only legal tende
l money, thus reducing the redemptio
l money one-half in amount.
9 "To do that would inevitably tai
a large portion of the whole of O,
property away from US and put it
7 the hands of those already wealth.
1--WE say that gold monometallis
can have but one effect, and that
. to make the rich richer and the po'
poorer; that we do not want the san
state OF things here that exists
y Europe, and that gold monometallis
g will 60 very far to bring around tn
. state of affairs.
. 1.-The single gold standard adv
= Gates, in order to succeed, must car
r with them a large numbers of vote
- whose best interest is to have bimt
= allism, and hence the cries of 20
> cent dollars!" "sound money" ech
ed and re-echoed in the papers CO
70 y. trolled by the money classes.
~ "Friends, did you ever stop
80 think, first, that every man who
70 living on the interest Of his money
= in favor of single standard of gol
s. and, second, that it is not becau
they love the masses of the peoT
!, better than they do their own fna
cial welfarei
81 am and have been since t
:. foundation of the party Repub
~ can, and favor a protective tari
- but in this election shall do all C
ar to assist in the election of the Dem
~ cratic nominee for President. II
90 lieve this country Is in no conditi
q" at the present time to be forced
to q permanent gold basis.
~ "We all know that We have be
II passing through troublous times.
~ believe that the great reason is tt
!: We have been tending toward gt
' monometallism; that if this count
votes for the free coinage of SLY
" we will see an entirely different st,
ssS of things come to pass; that our p
~ ~ rperty will rise in value; that our p
-: ducts will bring more money; Il
~ the financial pail that gold mo
metallism has thrown over Us 50 IL
III will be immediately removed.
81 urge my friends to examine I
.se ~ subject, and if they believe as /
-, liava to vote and work for the e]