Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-06-22
WHITNEY'S ADDRESS
An Appeal 10 His Party 10 sand
Firm for Gold.
FREE COINAGE DISASTROUS.
France Tried the Experiment, but Had
10 Give n Up-lniernatiOnal
Agreement Probable.

NEW YoHK, June 2l.-Willinm G.
whitney today made public state.
ment In which he defines the political
situation. lie says no IL not n presi
Dental possibility and would not run
II nominated. Ga the silver question
he says.
"Tho great questlon, 10 my mind, 10
whether the party meets In oouVen'
ton, as In 1900, with itsues and DIFF
iurenccs that nrB for the moment ire
concllable. For the pact fifteen years
leaders Ot Iuullc opinion IN the SCUM
nuu West have been advocating ~ the
great remouy ior existing illa the ifcu
coinage OF silver at 10 TO /, with OF
without tue CO.UputauOn OF Oluor ma
lions.
at has come to be- believed In by
these quite generally and ouutclen'
tiously. A large majority OF tue urle'
gates 20 the coming Democratic com
vsntiOn have been elected by tho loo'
pie for the PURPOSE " incorporating
that doctrine iutu the platform OF the
Democratic party.
"Our people, on the other hand, On.
tifely disagree with these viowb aud
believe almoat universally that ~ VIII
bring general rum 10 thu business aud
PROPERTY OF the country. IL j. deemed
new doctrine when proposed TO be
INCORPORATED In tue platform OF the
national Dem ctscy. It's true that IN
no previous platform OF the party eau
II specifically Dc found. Consequent.
~ no patty obligations heretofore
assumed obigo them To subscribe 10
A.. Under these circumstance " tho
results Of the Democratic convention
should be to establish NJ au ls,uu o,
their campnigu the tres coinage OF
silver Ata ratio VI 10 10 |, indclondunt
o other nuuOut, IA the intensity "
feeling likely g. arise ~ IL TO be- sutlUut'
L. Appteuondvd that "a disruption Ui the
Marty might occult Certainly no cub.
ttautiai following could be secured TOT
the doctrine among Eastern Demo
cratb. They might not vote the Nu'
lubnrnn ticket f8t other reason, (te.
iuvIng that the Republican party
Htanus for other issues that are ueiri'
mental 10 tho c1uuttyl, but the Dem
oufatH Ia the Eatt would not, In my
opinion, vote lot u.
Upbls movement Tor tree coinage
turpurls to have for its object tho
establishment Aud maintenance Ul
gold and silver ~ the money Of thf
country upon equal terms with each
other, anu NJ n parity oi purchasing
power. lf by the proposed measure
that object could DO secured there
would be no substantial disagreement
Ia the party. Every national Demo
cratic platform that has heretofore
sp5krn upon the subject mas declared
Tor both gold aud silver money. IL II
our traditional policy. hut tue main
tcnauce VI tho dUuUe standard at the
present time IL not - question OF desire,
itiHa question Of ability.
"rns commercial value Of silver hes
declined greatly ~ tue mArketa ~ tht
world. Whatever the causes aru aud
whoever h 10 blame, the fact N that
silver has declined, aud Tree coinage
now atlGtUl u tue came ~ our fer
Ing Tor all tue silver la tho wotll about
twice Whist It h selling Tor In tue mar
kct. International exchanges have Il
bertid ~ roIg, and II wUuli sccm plait
that II w, uadur tuutn conditions
Omen our mtuts TOT the ifuo coinage %
silver anu .Oli at "a ratio " cOmrura
tive vaiuo which IL largely Ht vatlnnc,
with tue COMMERCIAL value of the Nv
metals, We must take the cuute rllyr
turplur ourselves, aud maiulaiu o.
parity win gJlu, OF elso We shnli go @
silver baHir,
"gunCs 10 1878 closed her mlut
against tIyof anu abandoned tbs t2
pertinent, doUming herself unequal Il
tue tstk alone, uuA az tuui tune % wa
much less difficult, for silver was lhri
NJ par with .Old nj tue rAtiu In use
aud oven EuEland's minis In iuni