Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-07-04

nos,tion that any considerable amounts OF
eastern and foreign capital cannot again.
under any circumstances. be brought INTO
the West or the South until there Is no
longer any fear or apprehension regarding
he countrv's being on n silver basis. In
our opinion. any other line OF pohcy thah
one in favor of the maintenance OF the
nresent gold standard. and against the
free coinage of silver. whether at the
ratio OF ls 20 or at any ratio whatever
until fixed by international agreement,
will Indefinitely delay the return OF pros
perity. especially TO the West and South,
where new capital. only to be obtained
from the East and from abroad, Is so
much needed for the development Of the
country's natural resources. The adop-
tion of n gold plank by the Democratic
National Convention would have the effect
OF Immediately restoring business conf
dence and reviving commercial activity
MR.. O'DONNELL's REPLY.
To this Mr.. O'Donnell this afternoon
sent a lengthy reply in which he said,
among other things:
Your draft upon the principle. pa
triotlsm. and integrity OF the Democracy
must be refused. You cannot purchase
the sovereign right Of the people OF CO.
dorado to take part In the government
OF the IfUuUlC guaranteed lhtll ny Ahf
Constitution for S777C0. duplication
OF your boasted total investment Of sll0,-
10000 in the West and South will not
serve I'm this year of our Lord 10 swerve
the Democracy of these sections one iota
from the straight path Of duty. The gov
ernment OF this country has been left too
long IN the hands Of bankers and bond
dealers. The people have concluded 20
take possession Of their own again. and
II any additional reason were needed to
justify that decision. it would be fur
nished by such letters as yours.
1--WE may as well learn this year as any
other year whether we are free or
whether you and the people you repre-
sent are our masters. The interest on
your $ll0O00.o00 and your S777.0oO will go
right along whether the sun shines or
not, but we are now proclaiming a new
Declaration of Indenendence-to wit
That these United = tes can and will
manage their financial and other do
nestle affairs without the consent of any
other nation on earth, anc to that end
that the government OF this nation can
and will receive at its mints for coinage
into lawful. debt-paying. full legal-tender
money both gold and silver. at the ratio
Of 16 10 /, without discrimination or
charge for mintage. and without waiting
for or asking the consent of any other
nation so 10 do.
1T may be added that II any Ill shall
hereafter result TO the creditor classes
OF this country. by reason Of the agita-
ton for the reservation to this nation OF
that sovereign prerogative always claim
ed and exercised by civilized people
who are not dependncies. It will
be the result Of threats and coercion. as
thinly veiled as in the letter to which this
Is a reply. and not the offspring OF any
act Of those who believe with me-"
TEMPORARY ORGANIZATION.
CHICAGO. ILL. July 3-Chairman Har-
rity has called n meeting OF the Demo-
cratic National Committee for Monday
next at which the matter OF the tempo
rary organization will be settled.