The Irish standard., 1896-12-05
CHANDLER THINKS ALOUD
He Writes Upon Free Silver and Other
Il. and Other flatters &
incidentally.
IDEAS upoH THE LATE ELECTION.
The United States is Apposed to, the
Gold STANDARD Seams
DEAs UPoH THE LATE ELECTION.

Washington, Nov. 30.--The Post in ca
BILE letter from London prints today an adj
vance copy of an important article writ
ten by Senator William E. Chandler, of
New Hampshire, for the December issue
of the National Review, the conservative
monthly in which he discusses the late
election from the Republican standpoint.
His principal object is to encourage ELL
ropean bimetallists to continue their pro-,
paganda. &c.
The Review, commenting editorially
upon the election of Major Mckinley,
doginatically asserts that unless the re-
publican party settles the silver question
before 1900. there will be nothing left
OF that party after 1901
Senator Chambers article is as follows:
European bimetallists need not believe
that the election Of Mckinley and Hobart
by overwhelming majorities is q decision
to permanently accede to the single gold
standard. The Bryan proposition was
seen by the American voters to be sim
ply that the United States should adopt
silver 1nonoinet al]ism; should deliberately
give up all attempts to keep gold and
silver at q parity; should send gold to
premium and thereby make it n1erchan-
disc merely, and should base all Ameri-
can prices upon silver only It can hardly
be considered. upon the reflection, by any
true binnetailist, that such action on our
part would have helped the cause OF BIZ
metal'isrn in any country in the world.
themselves BmetalHsts, but that MIR. Bry-
an, in his recent cutlery from his tenn
porary political entombment, addresses.
not the Democrats, nor the Populists, nor
the people, but the bioetallists.
This, however, is a, sheer affectation,
No Bryan orator or writer has seriously
denied that the adoption Of his policy
the immediate unlimited free coinage OF
silver by the United States alone-would
send gold to a premium and keep it there
for an indefinite period. Surely that
would be mcnometanis1n; can it be con-
tended that silver monometa llism is any
better stepping stone to bimetallism than
gold monometalliszm I had supposed that
1t was generally agreed by thoughtful
and radical bi1ne tallists everywhere that
it would not. help, but would hinder, the
cause Of bimetallism for the United
States to Leap at once to free silver COIN
age. How, then, can the late decision of
the United States against immediate free
coinage injure the contest for bfmetal-
ism? Here the question might be left
the defeat of Mr.. Bryan and the election
of Mckinley may be useful.
f.. FEARED BRYAN'S FOLLOWERS.
Commemorative people-and America has
more conservative people than Europeans
tllink--were alarmed at the character. of
the followers Of Mr.. Bryan and at their
doctrines additional to the one favoring
free silver coinage.
''All the socialists, anarchists and wild
men Of society whom Europe has sent us
shrieked for Bryan, although the great
bulk, of our adopted citizens voted for Nc
Kinley. The platform seemed to counte-
nance rioting as a means of redress OF
grievances, and it made one Of Its planks
a reconstruction of the supreme court.
"a majority of the American people
wish a more energetic foreign policy than
they believe will come from an admins
Il ~ - doc
ly affected by the lanentable condition
Of the Christian subjects of the Turkish
empire. They mean to annex Hawaii,
they desire to see Venezuela allowed to re-
tain her rightful sole dominion over the
mouths OF the Orinoco. They are Intense
~. anxious to see arrested the atrocities in
Cuba and to aid In making the island
free and independent.
'cBut none of the foregoing reasons
not even the one concerning the national
honor in connection with the currency
influenced so many voters against Mr.
Bryan as did the determination Of the
American people to plainly vindicate and
firmly establish the principle Of protection
to American industries by adequate tariff
duties on foreign products.
:"That the United States is opposed to
the single gold standard and is in favor
full regard to the national honor. the
stems taken in the decentralization of sill
yer until both gold and silver shall be
admitted to free coinage at the ratio Of
151a to and made the standard money Of
the world and the measure Of the values
of the worlds proposition which would
receive the suffrage Of four-flfths of our
voters, if this proposition alone could be
fairly presented to them, even without
further debate. -
THERE MUST BE A SETTLEMENT
ITO such convictions entertained by q
vast majority OF American voters COM
n,itted to bimetallisn, the friends of such
monetary system may confidently APP
peal The question is not one of four
years, nor yet Of decade. 1t may take
as long to remonetize silver as it has
taken to relize the paralyzing influence
of decentralization. But the fact that six
out of thirteen millions Of American
voters have given their ballots for the
wild project Of Immediate free silver
coinage by the United States alone, shows
that the question is one which must be
compromised ad adjusted in some way.
The advocates Of gold recommendation
are crying out that the silver question
is dead. They. hope, but do not really be-
lieve that this is true. Never was it more
important for bimetallists to exert them
selves. Mr.. Mckinley is pledged by his
own words to cooperation with us.
tS William e. Chandler
Concord, N. H, Nov. IA, 1896.
M'clure's Magazine.
McClure's Magazine for December will
rf No,,cou'c hard a n.