The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1896-09-29

That international bimetallism will
quickly follow the election of William
j. Bryan as president, and the restora-
States, is clearly demonstrated by the
following letter, written August "a,
1896, by Prince Bismarck of Germany,
and by the declaration of the interna-
tional agricultural congress now in
session at Buda-Pesth, Hungary, the
latter declaration being embodied in
cablegraln sent by members of the con-
gress to William j. Bryan. These dec
larations in favor of bimetallisrn, COM
ing from such distinguished sources,
cannot fail to produce the first genuine
political sensat ton of the present cam
paign and effectively spike the repub-
'lican platform and republican asser-
tions that this country cannot change
the monetary system Of the world
They mean that the election of Mr..
Bryan will be hailed by the great agri-
cultural and middle classes Of Europe
as key TO the opening of the mills OF
Europe, as well as America. 10 silver as
well as gold, and consequent relief to
the paralysis which is affecting the ag-
ricultural business and ldboring
classes in Europe as well as in the
United States. They give the lie To the
goldbug argument that the present
agitation will operate against interna~
tional bimetallsm and tear to tatters
the republican platform plank which
pirates about the inability of the United
States to take the lead in restoring the
money Of the people to its former place
in the monetary system of the world.
Prince Bismarck's letter in favor of
bimetallism was written in response
to the following letter of inquiry from
Gov Culberson, of Texas.
"Austin, Tex, Aug. 10, 1S96.-Prince
Bismarck: Sir-The great question of
finance is now of supreme interest TO
the people of the United States. 1t is
presented in various forms, but in n
general way it. may be said to be,
first, whether the United States shall
adopt the single gold standard, or, sec
ond, whether they shall adopt BIZ
metallism, with both gold and
silver as the standard, or primary
money. The argument in favor OF each
is well known to you, but it is particu-
larly insisted that we should adopt the
policy of bimetallism because the sup
ply of gold in the world for coinage is
insufficient to meet the demand, or be-
cause such a standard will still further
depress the values of all property.
(Which, in your judgment, is the best
policy to adopt-the gold standard or
Notwithstanding your reasonsP
"What effect, in your Judgment, will
the immediate adoption of bimetallism
by the United States have upon the
cause of bimetalFism in Germany, and
other great commercial nations?
[Signed] &C. A. CuLBERSON."
Governor of Texas"
In reply Bismarck said:
'Friedrichsruhe, Aug. "a, 1S96-Hon-
ored Sir-Your esteemed favor has
been duly received. I hold that this is
the very hour that would be advisable
to bring about between the nations
chiefly engaged in the worlds COM
merce a mutual agreement in favor OF
the establishment of bimetallism: The
United States are freer by far in their
movements than any nation of Europe,
and hence, if the people of the United
States should find it. compatible with
their interests to take independent ac-
ton in the direction of bimetallism, l
cannot but believe .sthat such action
would exert most salutary influence
on the contamination OF international
| agreement.
TSignedl BISMARCK"
If this is not sufficient to spike the
guns of the goldbug combine, the fol-
lowing cablegram sent TO William j.
BRYAN, signed by Count Alexander
Karolyi, president of the Hungarian
chamber of agriculture, and "A other
! officers and delegates of the interna-
tional agricultural congress, In session
at the capital of Hungary, and attended
by delegates from every country In
Europe and America, certainly is:
"Buda-Pesth, Sept. 20.-The follow
ing cable message signed by the dele
| gates to the international agricultural
congress, called at Duda Pesth by the
Hungarian minister of agriculture, has
been sent 20 william Jennings Bryan,
headquarters of the democratic party,
| Chicago:
eve, the undersigned members Of the
national agricultural congress, con-
yened Mt Buda-Pesth. wish you success
in your struggle against the domino
ton of the creditor class, which, during
! the last % years, has securedFboth in
| America and in Europe monetary legis-
lation destructive of the prosperity of
your farmers and others. Should you
be victorious in November we pledge
ourselves to spare no effort 10 bring I'M
mediate pressure upon our respective
governments to cooperate with the gov
eminent of your great nation in restor-
| ing silver to the worlds currency. We
believe that, failing such restoration,
gold wiz be at premium throughout
all Asia and South America, and will
| continue to rob the farmer equally in
America and all Europe of the rewards
from his toll, and that your election
may avert from the European source