The herald., 1896-10-26
SILVER REPUBLICANS

SILVER REPUBLICANS
Over 1000 Republicans in Los Angeles
have voluntarily pledged themselves to
vote for the free and unlimited coinage
Of silver. In very large degree they
represent the solid business interests
of the community, as we'll as the intel
ligence' of the Republican party. Not
a few Of them were true and gallant SOL
diers in the civil war. The moral sense
and business integrity Of these men
stand out conspicuously in the history of
Southern California. Their social re-
lations are the very best, and their 10y
atty to our system Of government is
above suspicion. Very many Of them
have been leaders in building up the
state, and not a few of the great and
community are the direct work Of their
energy and capital. In short, they are
the men to whom Californians point
with pride when referring to the rapid
growth and development of the material
and social interests Of the common
wealth.
But notwithstanding all that the Nc
Kinleyites are charging them with be-
ing disloyal to our institutions and al
lies of anarchists and communists. Their
love for the Stars and Stripes is ques-
toned. and they are denounced for as
serting their right to be freemen. Han
ma has issued orders that any Repub-
lican who dares exercise his sovereign
right to vote againt the gold standard
shall be denounced, boyootted and
lashed up and down the community in
which he lives, but 1t so happens that
the free silver Republicans hereabouts
are not made of putty to be nodded in
any shape or form that Hanna may wish
to have them. They are men who think
and act for themselves as American
citizens, nor will the powers of hell nor
Hanna prevail against them.
But they have the traditions Of their
party, and the mighty efforts Of the great
Blaine to beat back the hosts of Wall
and Lombard streets and to stimulate
them in their purpose to help reinstate
silver in the monetary system of the
country, as commanded by the nations
constitution, and there is no stronger
proof that they are right than is given
in the following extract from one OF
James G. Blaine's last speeches:
| On the much vexed and long mooted
question of bimetallic standard. my
own views are sufficiently indicated in
the remarks I have made. 1 believe
the struggle now going on in this coun-
try and In other countries for single
cold 70 do I'd f,y1
duce widespread disaster in and through
out the commercial world. The de-
truction of silver as money and estab-
fishing gold as the sole unit of value
must have ruinous effect on all forms
of property except those investments
which yield a fixed return in money.
These would be enormously enhanced
in value and would gain dispropor-
tionate and unfair advantage over every
other species of property. If, as the
most reliable statistics affirm, there are
| nearly $1,000, 900, 900 of coin or bullion ir
| the world, not very unequally divided
| between gold and liver it is impossible
| to strike silver out Of existence as money
without results which will prove dis.
| tressing to millions and utterly disas
trous to tens of thousands.
1 believe gold and silver coin tt
| be the money of the constitution, indeed
| the money Of the American people an.
terror to the constitution, which the
great organic law recognized as quit
| Independent Of it's own existence. NJ
power was conferred on congress to de
clare either metal should not be money
Congress has, therefore, in my judg
ment, no power to demonetize eithel
any more than to demonetize both.
| If, therefore, silver has been de
monetized, am in favor of remonetiz
ing it. If its coinage has been prohibit
| ed, I am in favor of having 1t resumed
If it has been restricted, am in favor o
having 1t enlarged