Barton County democrat. [volume] (Great Bend, Kan.) 1885-1915, 1896-08-13

Oi 1U0 hccO-UoT. WHICH ASKS question
worth answering:
To the Editor of the Recorder:
SIR: have been reader of your valuable paper,
and have always found your editorials interest
ing and instructive. Knowing that you are un-
bassed and considerate in all your to cor
incosed article. If this is true, 1 can out
issue in the coming campaign. Please let have
your opinion OF the article 4 and md 9p6Iige
Denver, Col, August 1, 1895.
The enclosure is a dispatch from
London, printed on March 10, and
simply reproducing an article In the
London Financial News arguing that
the adoption of the policy of free coin
age of silver by the United States would
rob England of her Asiatic, her South
American, and even her European,
markets for manufactured goods, turn
ing over her trade to America. The
article says:
| gress demands the immediate attention of British
finaneiers and statesmen. The trade of the world
| is in hands, but it will not long remain
there if the United States goes to bimetaic basis
with free and unlimited coinage of silver.
With the addition of silver to the volume OF mon
| ey, everything in America would take a new
| face; labor and industry weuld gain new life.
|
the world would be loosened and prices would rise
| Great Britain would lose her markets in South
| America, Asia and Europe, and American ships
would not be long in capturing the carrying trade
| of the world. =
The success of free coinage would bring down the
| rate of interest on money and cause an immediate
| rise in the price of all commodities When silver
| becomes primary money the American mines will
pour their products into the mints, and new era
similar that produced by the issue of greenbaeks
| during the civil war win begin Gold will leave
the banks and enter into competition with silver IN
l he DIS N
United States, which have beer shut down or
crippled since 1892 viii again resume their fight for
/ the EnglisE markets.
! Commenting on this letter and the
clipping, the Recorder says:
| 1.-The London Financial News is cred
tied with a far larger circulation than
| any other financial sheet in the British
metropolis. It is known as Harry
Marks paper. Marks was once well
known in New York. Since he went
to London and established the Finan-
cial News he has been elected to Parlia-
ment, and has secured considerable
personal standing. He is in favor of
silver. There are two parties in Eng
land. as here, on this question. Marks,
for business reasons, admirably yindi.
Gated by his success. has always toad
led to the landed aristocracy. This
element is very largely in favor of bi-
metallism." NATURALLY. because their
landed interests would be made more
productive by reason of an increase in
the volume of currency. .-ED.) 1.-The
American correspondent of the Finan.
cial News has made many speeches in
behalf of free coinage here. It will
therefore be seen that the English
periodical is not altogether non-parti
san, and this is indicated by the clos
ing words of the article quoted: When
that issue (tree coinage1 comes fairly
before the American people. England
will REGRET her apathy and adherence
to the single gold standard"
In further commenting on the ''fifty
cent dollar" argument so UNIVERSAL,
used by the gold bugs, the Recordel
says:
But the fifty-cent-dollar argumen
is not one which The Recorder ha
ever used against the silver movemen
because it has not regarded that argu
ment as fair
Altogether, it is exceedingly hare
for the gold-standard fellows to s'ge
together" on any line of argumen
against the free and unlimited coinag
of silver by this country, without ref
erence to whether any other countr,
wants it or not.