New-York tribune., 1896-07-22
uIs LETTER NO SURPRISE.
.ov,rNr ON THE DELIvERANCE OF JUS
TICE GAYNOR.

,xr cAyNor" SAY THOSE WHO KNOW
r. STRONG LETTER BY WILLIAM e. C
,,vrR THE JUSTICES BRorHER-IN-
LAW. DENoUNcING THE ANAR-
cHlsTlc PLATFORM.
... ,ust like Gaynor" This is what mani
-. n Brooklyn had to say yesterday abouS
r'.ao,,,ar letter 70 Almct F. jerks which wa
.N. % the press on Monday after Its writer.
r-.,,s william F. Gaynor. was safely out on tr -
Ian where he could hear no criticism OF Is
,.srte article Nc was at all surpris I'd
-, Mr.. Gaynor had spoken his mind. The re
-. know the many advanced" ideas held by
-. rrstice would have been surprised II he hd
90 through a campaign in which "advanc ed
,,oss predominate on one side without haV1ug
,ood deal TO say. Brooklynites who know the
,,,,oate personal. business and legal relation
'.,, that exists between Justice Gaynor and his
,.,s law partner. Edward NJ. Grout. knew t hat
o., Mr.. Grout came out for the Bryan ticke 4.
yns more than a week ago. he was expires sing
-, onIy his own, but also Mr. Gaynor's hleas.
o., that reason the letter great SUR rise.
AMBITION OF THE JUSTICE.
story was published yesterday that Dnstice
c.vnor has not yet given up his ambit' OH to
hs Governor Of the State Of New-York, and that
,n,. deliverance in the nature Of bid for the
Elimination II was said that II the State Con-
r.n,ion swallow the National Democratic ticket
,a nlat,orrn II could make more con sstent
,,v FOR votes IN this State by selecting a man
who was somewhat in sympathy with The Chi
caso platform The Justice has never ma de any
secret 10 his friends Of the fact that the, bench
s no. wholly to his taste. He would mucl prefer
OF
utterance to his radical beliefs econoIn Ic polit
,cal and social subjects. His failure to get the
Mayoralty nomination in Brooklyn or ,se nomi-
nation for Governor were both blows to him.
LETTER OF MR.. MAYER.
The political surprise in Brooklyn yesterday
was strong letter in the interest Of honest
money from William E. c. Mayer. Mr. Mayer
is a brother-in-law Of Justice Gaynor, and a
partner In the law Arm Of Grout, de Fere g.
Mayer. which succeeded the old firm of Gaynor
Grout De Fere Mr.. Mayors letterwa S written to
the regular Democratic Association of the With
District Of the Twenty-ninth Ward Of which he
is a member, and protested against the indorse-
ment Of the Chicago platform by thiit body. The
letter is as follows
Demooratic Association, With District. Twenty
aaoDsGn Of an s155sG5S,naEy ,Ss
Temonstrance against any action you may deter
nine to take looking to its indorss ment:
Of the free and unlimited coinage silver and gold
ratio Of ls to is. under the conditions exist exist
ing In this country today decUHaoo" l" iaVoi
who 4sa %so aps sUs sod
fail to emigrate or secrete Itself? Who believes
than the commercial or Intrinsic value of the metal
composing It? Any one who SO believes Is a be-
arsumsns Of the syeTS TT sa's that sS
TbeTe was no demand for silly for coinage when
M act Of ssS s sns sach Tie
comes from the silver minigg States cSSius,rYeiy
dollar On every IS cents wor tn of once precious
metal nce 1873 become nere comHodiy a., ,,miinS p%iinS
commercial and Industrial yses TIE tree and ,so un
limited coinage Of silver W}Td d rass m IN Value rse Sc
as to make silver dollar cf the ratio Of lS to OF
speculation based solely on promised conditions
iong since obsolete Money. is fast ceasing TO be
dS he % N of ern m checks as and
notes based on esta blished systems or exchanges
now used only to settle balances that in trans
actions Involving billions of dollars only rev
mons Of Of tbe Clearing House since its
foundation in 1853 is a conspicuous example OF this
WHAT MR.. SIMMONS SAID.
onote from the speech of J. Edward Sim
mons delivered on the occasion OF the opening OF
the new clearing house building in New-York City
on January 10. 1896:
Tho total transactions from October 1853 to Octo-
h Isas noun in ali to the sum Of 81 09? Sl5 o5
a sum sufficient If coined into half-eagles, ald nat
as to tot osoA n seh ] S+n the {S o TSe Balance
httle more than AZ per cent o. ne cearss' @
Iency. bu. principally by certificates on consnon
depository Take for instance the balances ,or .ne
or less than one-fftieh tf per cent OF the entire
cearngs paid in legal tenders ana CON ea ~, no, i
DIX the checks and drafts presented by the several
banks SO nearly Offset each other that OF every SivV
Of The balances all but, 81 IS were paid In checks
Wba; do Tbese figures proclaim? They tell us how
Insignificant role currency-I care not wnetneI h ~
great mass Of business represented by our cearings
Under the Clearing system lesazea as ven papgr
ocuiates freely and almost as safely as goid & ana
:vsr coin and far more codvemen1y the cp,,ntyy
have a large extent, become our currency Ley
and 3 Ts SSt y r ans
ssS Of currency. C'ny let them produce eiloush ot
these and they nea1 never dread Tie spectre VI
In International money is losing its char an
excSsnre and letters Of credit~and It is slowly.
ou surely becoming a mere convenience ioI aoJuS'-
10 the wage-earfser and small tradesmen only. who
are paid and deal in small amounts Is ,,1 money ho
% sr VS'n Tares 80 MIST Rs ' equal in Value the bullion
value Of the metal composing T. THESE are on,e Lna
peope VINO Will not see gOld; these are me p'Tpo
weo will carry around the silver. Unless the silver
dollar Is 10 these people. II IS without any fair
and equitable
The other principal planks in tho platform loak in
ne direction Of paternalism in government; Tnsre
are two forms Of paternalism. absolutism and COM
niun!sn. II IL. a toss which is the more undemo-
rate despotism. I repudiate absolutely any such
ooctrfre unsafe
hope my Democratic brethren Of Fatbush VIII
sv step into any such pitfall awaits them on IN
1sng the Chicago platform OF 1896 very truly
Yours WILLIAM Z. c. MAYER
UNSETTLED DETECTIVES.