Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1896-09-19
HARTMAN RESIGNS.
Az Good q Republican ~ Ever, Bar Cannot
Work with the COMMITTEES for the SIM
gle Standard.

..Y N.hI AM NUN
LAS VEGAS, N. M, September l7th.
Hon. II i. Bartlett, Chairman Republican
Central Committee for The Territory Of
Ncw Menico, Santa Fe, N. M:
DEAR Sm-I herewith incloss you my
resignation as q member Of the Territorial
committee from San Miguel county, and
beg to call your attention to the fol owing
reasons for this action on my part: Con-
fronted as / am, for the first lime in lie
history Of tie republican party, with o
platform advocating tie adoption OF a sin
Gle gold standard, as adopted by the ma
| tional republican convention at st. Louis,
aud believing as l do from my honest con-
| victions, that the financial policy OF this
government Is paramount to all othe"
questions In the present campaign, aud
that to continue under the present gold
standard will be ruinous and destructive
to all the great interests Of the American
people, l feel it my duty to withdraw IRON
the committee and place myself In srch q
position that ! may be at liberty to sap
port, In the coming election, any candidate
for mgr IN New Mexico woose declar-
alton of principles and honesty OF purpose
may meet my views on the money ques'
ton.
The republican party, for which 1 have
been a constant woi ker and voter since
1868, has never, before this year, 1896,
come out squarely an | advocated a single
gold standa.d d. The republican party was
organized by bi-metallists, was always un-
til nov a bi-metallic party. it declared for
BIZ metallism in 1886 and egain ia 1892, and
when In 1896, ct st. Louis, u ignored all
IFS former financial teachings aud declared
for a single gold standard, 1t left outside
of the pale of party lines many thousands
OF It's former pupils aud adherents, who
sand firm In their convictions that
] there can be no permanent
| prosperity to the American people.
! without unrestricted and unrestralned biz
metallism, as it existed prior and up to the
wear 1873. ] have no faith In en- interna-
,ional agreement with the great CONNER
cial nations of the earth for the iree coin.
age Of silver, and especially WITH England,
which Is the great creditor nation Of the
world. Great Britain is our most power
full competitor in trade, and it is not to her
interest," to open her minis to the free coin
age of sils er, nor will she permit the Unit
cd States to do so as long as IL is in her
power TO dictate our financial policy.
Low prices and declining values are to he''
advantage, and the restriction Of the sill
yer coinage In 1873 was brought about
through the infiuer ce Of heragents. England
is one of the greatest consumers OF silver,
both for manufactures, the arts and for
coinaSs purposes. She produces no silver,
tut dictates the price of our demonetized
SILVER in London. For tue twelve months
ending June, 1895, there was exported
from the United States TO England, elone,
about sixty millions of ounces Of silver
bullion, which is much more than the en-
tire product OF the United States, which
| SOLD for about $50 600, 900, as the price 10.
the same was made in London, aud il The
ratio had been 10 to ], as in 1878, the price
received TO- the same would have been
about $50, 0O0, 900, thus saving to tie Amer
ical people over so. DOC, 900 on the one item
o. silver alone, while the producing classes
ieve lost over a half a billion OF dollars
upon their produce, as silver REGULATES
tie prices OF produce, the world over, rs
an ounce of silver will buy as much wheat,
cotton, corn and wool, to-day, as IL ever
did.
Now, there is no doubt but thai the
United States can open Ler minis to tie
free and unlimited coinage of silver st q
ratio of 10 to 1, and maintain It's parity,
as statistics show that more than seven
-tenths of all the silver produced In
the world comes from the American conti-
nent. The United States IL the great COM
merciai nation on the western hemisphere
in which the silver OF the world is pro-
duced, and can, by legislation, successfully
maintain the old standard, and she hersal.
dictate the price of silver to all the rest Of
the world.
form, I can heartily subscribe. / have I'D
vocated IL for many years, but do not
believe that a protective tariff, with a gold
standard, can be successfully maintained.
Two years ago, when ! was elected a
member Of your CON .~nittee, at Socorro,
New Mexico, the republican party Of this
Tern TORY championed The free and un-
limited coinage Of silver, at the, ratio Of
sixteen to one, without the cooperation of
any nation or nations, and called upon all
opponents Of silver, to point OUT any good,
that had come to this country, or the
| uo1tJ ar 1upno iu ti1a amnnotfvatio ~
silver. Tbs following is an exact copy Of
the resolution, as embodied in the republic
can platform, and unanimously adopted
by the republicans OF New Mexico, at So
zorro, in 1894:
REPUBLICAN MONEY Plank, 1894.
"We affirm that the decentralization Of
silver has not only reduced the value Of
that metal, but by increasing the purcaas-
ing power of gold, has correspondingly
depressed the value Of all products and
commodities and increased the burden Of
all debts, thus crushing the agricultural
and other producing c~lasses, as well as the
silver mines of the country, and no psrma-
nent return Of general prosperity can lie
expected until bi.metallism is re.estab-
lisled by the free and unlimited coinage Of
gold and silver, as it existed from the
foundation Of the government to the year
1873, at the ratio Of 16 to l., which we in
sist shall be done without waiting FOR the
cooperation of any nation, or nations, and
we call upon all opponents Of silver TO
point to any good that has come to this
| country or The world at large by demone.