Santa Fe daily New Mexican., 1896-11-07

ent free coinage at the ratio Of Is to by
cur government.
The educational effects of the cam
paign which has just closed must not be
overlooked. Millions of voters who
never knew anything about the money
question have been taught by the great
speeches of Bryan and other bimetsllists
that there is a very intimate and neces-
sary relation between the volume of
money available for circulation and the
prosperity of the country, and by that
new knowledge they will test and meas
ure the incoming administration.
More bond issues to maintain a gold
reserve, especially if accompanied by such
business depression as has marked Presi-
dent Cleveland's experiment with the
single gold standard, would almost GER
tainly insure the election of free coinage
congress in 1898 and of free coinage
president and congress in 1900.
Whether Mckinley is elected or defeat
ed now, the Republican party can not
afford to face another national campaign
as the champion of moneyreducing
policy. Every state which has made
study of the money question In the past
went for Bryan and free coinage on Tues
day, with Colorado, the best informed of
all, at the head of the list, and the 6,000,-
600 voters In the country who cast their
ballots for Bryan and free coinage in this
election, although most of them had never
given any serious thought to the money
question until after the Chicago conven-
tion, will stand together for the future,
and the missionary work they will accom-
plish in the next four years for the candi-
date and the cause they supported so en-
Enthusiastically on Tuesday will surely give
them a majority in four out of every five
states in the Union long before the next
presidential election comes around.
Once bimetallist, always bimetallist,
is the rule, and Carlisle and the few other
public men who have betrayed their hon
est convictions on this question for Of
fetal place are only the exceptions which
prove the rule.
There must be no let up in the war up
on the single gold standard. 1t has been
virtually defeated by the people at the
polls in this election, and it's ultimate
downfall is close at hand, we are conf
dent, but its ardent supporters, though
comparatively few in numbers, are rich
in resources and influential in all public
affairs. They are beaten now, but they
will rally and endeavor to regain their
lost ground in the future. They will en-
deavor to turn the money-issuing func-
tion over to the banks, in the hope that
in that way they can acquire fresh profits
and more power at the public expense,
while trying to divert the thoughts of the
people from the battle of the standards
but an aroused public opinion will for
bid an increase in the interest-bearing
debt of the nation for the purpose OF re.
firing the legal tender notes, and the fail
ure of that conspiracy will only quicken
the popular demand for the reopening of
our minis to the free coinage of both sll-
yer and gold at the old legal ratio.
If Mckinley Is elected, and he fails to
solve the coinage problem in the near
future, nothing can prevent the success
of that movement in 1900, and so we feel
justified in claiming with the utmost con-
tidence that the battle is already virtually
won.