The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1896-12-03
CHANDLER ON SILVER
SAYS THE ELECTION WAS NOT A
GOLD VICTORY.
Article for the National Review. mn
English Monthly, Squirting Bi-
metallists to Action.

Washington, Nov. 2s-The Post, in
cable letter from London. will print to-
morrow an advance copy of an important
senator fom New Hampshire. for the
December issue of the National Review.
the conservative monthly, in which he
discusses the late election from the re-
publican standpoint. His principal object
Is to encourage European bimetallists to
continue their propaganda
The Review, commenting edltorially up
on the election Of Major Mckinley, dog
r,atically asserts that unless the re-
publican party settles the silver ques-
ton before 1900, there will be nothing left
Of that party after 1sOo."
Senator Chandler's letter Is as follows:
European bimetallists need not be-
l.eve that the selection Of Mckinley and
Hobart by an overwhelming majority is
decision to permanently accede to the
single gold standard. The Bryan propo-
sition was soon seen by the American
voters to be simply that the United States
should accept silver monometallismi
should give up all attempts to keep gold
and silver at a parity; should send gold
| to a premium and thereby make 1t mer-
chandise merely, and should base al
American prices upon silver only. 1t can
| hardly be considered upon reflection by
ar,v true bimetallist that such action or
our part would have helped the cause Of
| bimetallism in any country in The world
'It Is true the Bryanites called them
selves bimetallists, and that Mr.. Bryan
| In his recent outcry from his temporary
| political entombment, addresses not the
| democrats, nor the populists, nor tht
people, but the bimetallists. This, how.
ever, is a sheer affectation No Bryan
| orator or writer has seriously denied
| that the adoption of his policy-the i'm
| mediate unlimited and free coinage o
| silver by the United States alone-woul(
] send gold to premium and keep 1t Their
for an indefinite period.
| Surely that would be silver monomet
allism. and can 1t be contended that oil
| yer monometallism Is any better step
ping stone to bimetallism than gold mon
ometallism? I had supposed that 1t Wa
| generally agreed by thoughtful and ia
| tional bimetallists everywhere that l
did not help, but rather hindered, tn
| cause of bimetallism for the United State
to leap at once to free silver coinage
| How, then, can the late decision OF tn
| United States against Immediate FIRE
coinage injure the contest for bimetal
lism? Here the question might be left
but fuller survey of all the causes c
the defeat Of Mr. Bryan and the electio
of Mr.. Mckinley may be useful.
Conservative people-and America ha
more conservative people than European
think-were alarmed ait the character c
the followers of Mr.. Bryan and with thei
doctrines additional to the one favorln
free silver coinage. All the socialists, ar
archists and wild men of society whor
Europe has sent us shrieked for Bryan
although the great bulk of our adopte
citizens voted for Mckinley. The platfori
seemed to countenance rioting as a near
of redress of grievances. and 1T made or
of its planks a reconstruction of the 81
preme court, in order to change leg;
decision.
"A majority of the American peop
wish a more energetic foreign policy tha
they believe will come from any admin
tration named democratic. They are sir
ply affected by the lamentable conditie
of the Christian subjects of the Turks
empire. They mean TO annex Hawai-
They desire to see Venezuela allowed
retain her rightful sole dominion over Il
mouth of the Orinoco They are intense
anxious to see arrested the atrocities
Cuba and to aid in making the island fr
and independent.
but none of the foregoing reasons, n
even with the one concerning the nation
honor In connection with the currency, l
fiuenced so many voters against Mr.. 81
an as did the determination of the Anne
! lean people to plainly vindicate and nrI
] ly establish the principle of protection
American industries by adequate tar
duties on foreign products.
THAT the United States is opposed to
: single gold standard, and is i'm favor of l
tracing in due course and with careful I
gard to the national honor the steps TAX
| IN the decentralization of silver until &c
and silver shall be admitted to free col
age at the ratio of 151h to 1, and made t
standard money of the world and [
measure OF values of the world, Is a prs
osition which would receive the suffrae
of four-ffths OF our voters If this propo
}. ton alone could be fairly presented the
even without further debate.
ITO such convictions, entertained by
vast majority of American voters co
mitted to bimetallism, the friends of su
monetary system may confidently G
peal. The question Is not one of -
years, nor a decade. 1t may take as 20
to remonetize silver as vt has taken
realize the paralyzing influence of demt
7, etization. But the fact that six out
thirteen millions of American voters ina
given their ballots for the wild project
Immediate free silver coinage by the Ur
ed States alone shows that the ques.
is one which must be compromised q
o14 In. ha adu foe
gold monometallism are crying out t
90 the silver question Is dead. They ho
but do not really believe, that this is tr
Never was vt more important for BIN
IT, alhsts to exert themselves. Mr.. McKin
n. is pledged by his own words to cooper
49, with us. WILLIAM e CHANDLEl
.ro~r<~S5 NJ II Nov "a 1905