The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-09-10
A PRUSSIAN SPEAKS.
The Views of Leader in the .Prussian
Diet

"a. Diet.
Herr Wilhelm Won Kardorff is the lead.
er of the bimetallic party in the Prussian
diet, and one of the most brilliant orators
in Germany. He is profound student
i'll economies, and ranks with Arendt as
one of the two leading German authori-
ties on monetary science. 1t will be
seen that Won Kardorff, like Arendt, be-
lieves that free coinage by the United
States will be the means of restoring the
bmetallic system in Europe.
WabritZ, Silesia, August 5.
In accordance with your request here
with send you my views on the practical
realization of bimetallism, with special
reference to the strife between national
and international bimetallism, which has
broken out in the United States.
Allow me to say beforehand that, after
two decades of comprehensive, thorough,
theoretical and practical study of the
coinage problem, 1 still hold the great
principle which your distinguished
countryman, Henry Carey, upheld against
the gold fanatics when he wrote:
President Lincoln has established
the .axiom- Everything of the people,
for the people and by the people'',
The gold advocates have adopted the
principle: Everything Of the money
lenders, for the money lenders and by
1ne ulOucy lenuerS.
The Legislative bodies of all great COM
mercial nations have, by large majorities.
passed resolutions which demand an in.
ternational regulation of the money
standard question in the interest of the
producing classes, in the interest of DO
htlcal economy, in the interest of n
healthy advance of wages and in the in.
terest of international trade. These
resolutions are on-record in the United
States Congress, ssthe French chambers,
the German reichstag, :. the Prussian
chambers and the English house of COM
mons. large number of smaller conn
tries have Joined in the good movement
such rs Holland, Belgium, etc
Why are there thus far no practical re-
suits to these devout desires? Why does
not success crown as yet the many hi.
metallic congresses?
Because the capitalists of the whole
world are allied against us as one man.
and money still reigns supreme.
I'VE should be big FOOLS" said Sir
William Harcourt, in parliament, '.if we
Englishmen, the creditors of the whole
world, should assent to a change of orr
gold Standard
With these words he has candidly ut
tered the heartfelt sentiments of the
capitalistic fraternity, who are united in
France, England, Germany, America and
other lands in defense of the gold stand
ard. 1.-The ten tacles of this mighty octo-
pus have captured the most influential
and most powerful newspapers of the
civilized world, have fastened their prips
on the cabinets, ministers and high
officials of ruling lands, who are made to
thwart the pronounced will of parlia.
ments.
These conditions will not change de-
Gni re thH tbaoratin o,,it n e
OF parliaments and congresses, until in
some country an intrepid and energetic
POLITICAL loader will be enabled to tear
asunder the web of lies which the mon.
ster gold spider has spun around the
world
think the following will show clear
ly to every sound thinker the two sides
of the great question pending before the
American people during this Presidential
The goldbugs will be easily contented
WIN the election of n socalled bimetal- |
list, of whom it is assured beforehand
that there will be no change in the stand.
ard. This would mean a never ending
scarcity of gold, which leads to everlast- |
ing borrowing OF money, Offering enor.
nous profits to banks, but ever lowering |
the financial status of American secur- |
tues ana ever endangering and deteriorat. |
ing the economical conditions of the pro-
ducing classes. Let America take omi-
nous warning from Spain, ItaIy and |
other gold lands.
How different will be the result of the |
election of an energetic politician who
VIII create at once n national banking in
stitution for the United States, such as |
the Bank of England in Britain, the |
kelchs Bank in Germany and the Banoue
de France; who, as soon as he observes
the least platonic inclinatons on the
part of European governments to take mn
the silver question, will not hesitate to
effect the free coinage of silver hand in
hand with the free coinage of gold. Eu-
ropean States that have any commercial
dealings with the United States. and es-
pecially those who desire to promote an
export trade to the United States, will
be compelled, on their part, to enact an
International coinage law.
This Will set the "bal a-rollinp.n and
attempts to check it will prove as futile
Is have been the efforts of bimetallists
20 effect change for the better.
The great, simple truth must be accent
"a that the progress of civilization
throughout the world depends in reality
IN the re-cstablishment on n secure
'asis of the intercourse between gold and
liver lands through the restoration of
he true relative values of the two metals.