Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1896-11-13
THE CAUSE OF SILVER
AN ADDRESS OF THE BIMETALLIC
UNION.
Gen. Warner says That the Battle
for the Reinstatement of silver
Must Go On-Thc Organization to
uRa ,Is.fu

GEN. Warner Says That the Battle
for the Reinstatement of SILVER
Must Go On-rhc Organization "a
He Maintained.
The campaign for the free coinage
OF silver will be waged with vigor dur
ing the next four years, in prepara-
ton for the election OF 1900. The
directors of the American Metallic
Union, who constitute the bulk OF the
silver leaders in the three parties, have
decided to maintain headquarters at
the National capital from which to send
literature. The branch Office at Chica.
go will be consolidated with the Wash
ington City Office, but the San Fran
cisco branch is to be continued. At
the request of the directors, Gen. A. J.
Warner, the president OF the union,
has issued the following address to the
silver leagues and bi-metallic unions
OF the United States:
"Silver has lost in this election, but
the battle for the overthrow OF the
gold standard has not ended. The
disastrous results that must attend
upon the continuance OF this standard
make it impossible TO relinquish the
struggle against it until it is finally
overthrown.
"The gold standard cannot be main
tanned by increasing revenues, because
revenues are not paid in gold. The
attempt to maintain the gold standard
by perpetual loans must also, sooner or
later, fail. The only other way is by
contracting the currency and forcing
prices down so low that gold will come
here OF itself in such quantities as to
constitute, in part at least, the
currency with which revenues are paid,
and no nation can long maintain such
a policy. Either course, therefore,
leads to inevitable ruin, the one by
bankrupting the government and the
other by bankrupting the people.
Either policy will subject the United
States absolutely to British domina-
ton, and hence the rejoicing of the
British press over the defeat of silver
here.
"The victory of gold is a victory OF
trusts and syndicated wealth, brought
about by corruption and coercion, and
not a victory of the people or for the
people, and it cannot last. There
must be an end also to the constant
appreciation of money. The apprecia-
ton of money alone, if allowed to 60
on at the rate it has gone on for the
past twenty years, will, in half a
generation more, transfer the bulk OF
all the wealth OF this country from
those who have created it, to the hands
of the few who control the money and
own the debts. No power can be con-
ceived SO potent to gather wealth into
q few hands as the ceaseless, all
prevailing power OF an apprecisting
money standard. No civilization can
stand against it. 1t must endanger
the foundations upon which free in
situations rest, and these foundations
will be broken up.
1.-THE battle, therefore, for the
restoration of silver must 60 on with
out abatement, and urge upon all
silver and bi-metallic leagues and
unions, to keep their organizations and
to continue the fight till the victory
for the people is finally won. The
noble fight made by our intrepid leader
in the campaign just ended endears
him to all who believe in the righteous.
ness OF our cause, and, under his
leadership. we believe victory will be
won in 1900"