Barbour County index. [volume] (Medicine Lodge, Kan.) 1880-current, 1896-09-02
THE CAUSE OF THE
AMERICAN PEOPLE
is Taken Up by the Noted BimetaIIist
Or. Otto Arendt.
American Free Coinage Would be Disas-
trOus to European Nations,

ly published opinion that free coinage
by the United states alone would be
disastrous to bimetallism in Europe,
has written an extensive article for the
New York Journal, in which he SAYS:
DIR. ARENDT's LETTER.
1.-The people of the United States
have never been called upon to decide
question so impO' tant as that of the
coming presidential election.
Persons and parties do not count in
this campaign at all-the great funda-
mental principles of modern national
life are at stake. Shall these be up
held, or shall they be trampled under
foot? This is the ALA bsorbing ques-
ton.
Europe, the mighty grandparent of
the young colossus, feels in her old
bones that the ballot boxes which are
soon to be set up in the cities and viii
lagos and hamlets of America, will
speak the destinies of her leading ma
tons
so sharply defined, and we understand
that the sovereign people of the United
States mean once for all to solve the
social question which has in late wears
caused so many disturbances and un-
happy conditions.
Look at the two sides and mark the
striking contrasts. Mckinley and his
votaries representing the party of 500
called honest money and dishonest
profits, the party of trusts and monop-
olies, the party that brought the pill
lage of national resources for the ben
eft of capital to a fine point and into
method on the one side.
Their opponents we find under the
proud banner of Bryan. These are the
productive Observation-Disclosures and
| farmers who refuse to permit themsel-
YES to be bled in the future for the
cause of the gold standard.
European bimeta lists who have
been fighting the gold standard for
many years past regard international
himetallism as the true solution of all
the questions involved.
''My own views on that subject /
have laid down in an essay published
in the June issue of the North Ameri-
can Review, when l gave it as my opin-
ion that the question of free silver
should be settled only after an inter
national agreement regarding the rel
ative values of gold and silver had been
arrived at; for at that time I took ii
for granted that both parties would
favor silver in their pla tforms, although
not to the extent of free coinage.
"With respect to the possible candi-
dates, bimetallists, taking Mckinley to
be thorough silver man, certainly re.
garded him with much favor What
disappointment, however, came with
the st. Louis conventiorl twas obvi-
Gus that the spirit of that convention
was inspired by Wall street, while Nc
Kinley himself deserted the peoples
cause and closed an alliance, offensive
and defensive, with all grasping CAPT
tai.
Heaven high above him. unfettered
and unmercenary, lose Bryan, who at
once gained the respect and sympathies
of bimetallists the world over.
eff 1 were an American citizen |
would unhesitatingly vote for the peo-
pies champion.
America offers us tho tantalizing
alternative between prohibitive tar
if and silver standard. But our
money monopolists in this case harves,
the storm where they have been SOW
ing the wind Their long continued
opposition to international bimeta llism
is on the eve of receiving it's proper
retribution. Bryan's victory will nc
doubt prepare the way for an interna
tional agreement.
"Seould Bryan be elected we, the bi
metallists, would gain formida bic allies
while American bankers would certain
ly do all in their power to forestall tn,
depreciation of American values %
backing our cause of international b
metallism.
Now, as to the prospects in Europe
The possessors of all metal value.
would influence the course TO such a,
extent as to cause capital to reconsider
it's attitude toward bimetallisln, wher,
upon the European governments ma,
be obliged to adopt bimetallism in or
der to restore confidence and equality
All Europe has formally declared tina
bimetalIsm shall not be INTRODUCED
without Britain's cooperation. The
English cabinet, at Balfour's instiga
ton, decided March II that nothing
should interfere with the gold stand
ard. Balfour represents the remark
able and questionable view that nj
change of coinage should be imposed
on financial men. In other words, tn,
world of finance rules-the thief i.
jailer.
"Balfour waits and hopes patiently
for the bime:aliic conversion of Lon
don. That famous debate of March l.
has clearly shown what is thought ot
the question in the city. The Shylocl
standpoint was never presented with
more brutal effrontery than by Har