The San Francisco call., 1896-10-12
The Kind of Support That Fusion Brings to Gator.
class is upon US. the war OF the proletariat

class is upon us, the war OF the proletariat
against the property holder.
No other meaning than this can be given to
the common people, to the sslaborer," to
the "poor and downtrodden," and to the de-
nunciations gainst "plutocrats" and "corpo-
rations'' and "money-gra bbers" and bank
ers."
Many adherents of the movement do not per-
ceive its full meaning. But let them beware (;
they are lighting torches which, borne in the
hands OF reckless men, may light up in this
country the lurid fires of Commune. Amer
lea heretofore has been free from sccialistic
hatred and warfare; it has been a country of
oppor rGunities for all men, and it has given to
the laborers livelihood higher and better
than is afforded him in any other country in
the world. Is this all to be changed? Is social
chaos, gloating over ruins, to be method of
the social elevation of the masses {? There may
be room in some things for peaceful ameliora-
Ion through wellinformed public opinion
and orderly legislation; but class hatred and
| au.ry passion never led to anything but gen.
eral misery and suffering.
The people of America must to-day look
warily around, guard against catch WORDS and
misleading war cries, avoid giving any conn
tenance to socialistic or anarchistic tenden-
cies and know that the first condition of pros
perity to any and all classes of the people is a
peaceful commonwealth and assured social or.
der. The monetary question, indeed, is only
secondary issue in the campaign. 1 have,
however, my convictions in this matter The
free and unlimi ted coinage of silver dollars at
a ratio of 16 to 1 by the United States, inde-
pendently of other great commercial nations
in to dollars which shall be made legal tender
will disturb the whole business of the coun-
try and bring upon it financial depression
far beyond anything which we are now expe-
riencing. am confronted with the pamphlet
of Archbishop Walsh of Dublin on "Bimetal-
lism," as a reply to my objection to the silver
resolution of the Chicago convention. The
pamphlet of Archbishop Walsh has no bearing
whatever on the situation in America.
The Archbishop discusses bimetalism YER
sus monometallism, and that only from one
point of view-the effect of monometallism
upon the farmers contracts under the land
purchase acts in Ireland. He expresses no
opinion as to the ratio at which silver is to be
coined and he manifesty presupposes that BIZ
metallism would be brought about by an In
formation agreement. He alleges that India
was unable to keep a silver currency inde-
pendently of European nations. at was i'm
possible for India TO obtain the loans that are
absolutely necessary Tor the development of
the country" and the reason was "the huctua-
tioDs in the relative value of the rupee.
at is the silver currency of China" he ADDS
"that stops the making of railways in that
country" Walsh's pamphlet is throughout a
solid argument against the Chicago platform
To what he says he might add that France and
all the countries of the Latin Union to-day
were ultimately compelled to give up bimet-
allism, SO long as other countries OF Europe
would not cooperate with them.
The question Lefore the people of America
to-day is the coinage of silver by this country.
independently OF great commercial nations of
the world. at the ratio of 16 to 1. This ratio
is the double of the present co numerical value
of silver. The consequences of unlimited
coinage in these circumstances are easily
proved. The only hope of the Silver party is
ssthat under free coinage we will raise the
value OF silver 10 81 20 an ounce, measured in
gold"
On what authority is this said? On that of
the mere word of the men that make the as
sertJon. The experience of our own country
contradicts the assertion. The purchasing of
$50, OOO, 900 worth of bullion (under the Sher-
man act) was not able to prevent the fall in the
value of silver from over dollar an ounce to
its present low value. The experience of
France contradicts the assertion. France.
with all the countries of the Latin Union, had
to give up the coinage of silver. lest, over
loaded with the silver of the world, it should
lose ali it's gold. Common-sense is against the
assertion.
Silver is now produced in such quantities at
such small expense of production that its
value cannot be kept up to its former stand
ard. And is the whole business of America to
be imperiled by q leap into an experiment.
which those very men who advocate it confess
to be only an experiment., and which expert
q nee nd com m or. sense condemn