Evening journal., 1896-07-06

tions
| CHICAGO. III, July Ia an interview
with . correspondent of the New York
World touching the political situation
aud probable outcome Of the convention,
Senator George Gray, of Delaware. said;
II am nov satisfied that the free silver
candidate will be nominated on free
silver platform. The silver men have 4
clear msj )rity"
And suppose Mr.. Cleveland or the ad
minlstrAlion is repudlated Ia the plat
form, senator, What thenf"
Then We should have another conven
tion aud another Democratic party, or
rAtner. NO should call the real Demo
cratic party together and turn our backs
on It's enemies
you think that would be the certain
result OF q repudIatIon Of the adminlstra
tion by this conventiolf'
"There could be DO other result. Such
an Cxpression would Gbsolvo every mem
ber of the organization from his alleg
lance"
"In ell aIncsTIty. senator. do you be-
lisve that toe adoption OF free silver
would bring irrepArable ruin upon the
couvtryi'
II think It would be very grave
mistake. Y Yet As an honest man l must
admit that we have no experiences since
1873 upon which we can form an esti-
mate Of the effect which free coinage
might produce upon the price OF the raw
silver product Remember do not for
a moment recsde from the position that
the present money standard Is nee sssary
to our present prosperity aud credit.
But II Is fact whicu 10 Is useless to deny
Ia a. -. al Al -. 10 -
mental, and that We cannot say In ad-
vance With any certainty what the eff ,ct
OF It might be- We might as we'll look
the fActs In the face aud give our Demo.
cratic opponents what Is due to them.
Il will also admit that money which
} increases In value produces low prices
! aud Is therefore antagonlstic and destruc
q tive to productive enterprises. But the
. | currency cannot always appreciate 1t
q must finally reach It's limit. And when
8 we have = fixed point. what more can the
!, producers OF the country desire SO
a with deprsolsting medium Of exchange
which promotes high prices You can't
. have q perpetual boom. The natural
I. state OF man Is repose."
' "rhere must come q time when prices
6 will cease TO boom; then you have
e another nxed point. This financial herasy
} Is largely due to the fact that our fArmerl
10 have grown accustomed to rapid values
due 70 the sudden appearance of railways
;, ia remote agricultural dlstrlctn and q
It other abnormal profits They do not seen
y to appreciate the fact that these are un
earned inorements They cannot 90 OF
foraver The Western farmers cannot sat
tie down TO tho old slow, email but STEADY
d incomes. They cannot abide nythinf
D. like days wages OF weeks wages. AnC
q so anything which promises boom at
tracts them. And It Is very natural tha
J. they should be 30 attracted But. rs
d said before, \ boom Is AZ abnormal tran
/. sitory condition. The question Is whAi
b ! will they have when the ultimate point II
reached
q 1.-The trouble now Is not lack of mo
d ney, but lack Of credit due to a lacl
d Of confidence, and that In turn Is due Z,
this agitation for free silver which is "a
10 boom prices IL does not matter how
Is much money we have the world will still
I, continue to do 30 or 95 per cent. of itl
bueinets on credit, purely for It's owl
"A convenience, and the moment you dl sturl
q or even discuss the standard money Whlcl
!. lies az the base OF this whole CONNER
y cial fabric Of mutual faith you arres
and paraiyzs commeroe and lay Industry
upon its back in tho dust.
" "Senator Gray, why Is there such
M universal fosling Of hatred towards Pres
* dent Cleveland In the Democratic part,
,t OF the West aud SOUTH | dad 1t every
4 whers--dsep, loud, incessRnt. How Dc
z. you explain itf'
X Mr. Cleveland has stood In the way
n OF the accomplishment OF the free nil vel
n fanaticism de has re1isted'this populG
frenzy. That Is the real and true OK
t. plaDation
~ You recoguIzs that there Will be
,e free silver candidate with a free silvs
40 PLATFORM
v "There can be no doubt OF II
,r when that has been achieved, wha
be then is the duty of the votersi"
10 Il shall advise my fellow Dsmoorat
q. In Delaware TO strive for q sound none.
Congress and TO use their individua
as Judgment AZ to the head Of the ticket
ne is purely matter OF conscience Their
81 | will be some Of the elem snts Of the Gtes
ley campaign present this year"
In II want to ask you 4 plain question
a Senator: VIII you vote for free sllve
%. candidate for President who Is otherwls
an unexceptlonable DemocrAtf'
to II will certsinly will But ] Al
nd speaking simply for myself The trouble
k that there seems 70 Oo mONemtuO
e. foot 10 make the platform OF the part
simply an elaborate silver plank en-
bsndon everything else II that ids
lie should be carried out IL would be absc
on lutely necessary to summon true Dem
as cratic conven tion and nominate TIL
=. Democrat for President"
Ter That would mean certain defeat 4
as the Democracy snd certain success 4
on Mckinley, would 1t notf'
ri. 1t would / want to say with all tl
Il earnestnsss l possess, aud with all u
emphasis eau give to nay words. tn
bs the silver majority In TINS conventi'
lie may present eonitions which would pr
zen vent SELF respecting Democrats fro
lde supporting the ticket.
Idy but you would vote for Democrat
e3 candidate who differed with you on
Ms on the question Of free silver
ON 'Of course l would.
his -----
re- Hand Gear for Third Street Bridge.
n.. T>,ro Nnnnauv "