Delaware gazette and state journal., 1896-05-21
AicIllnioy's aIlsohievous Silence.

Mckinloy's Mischievous Silence.
Despite the almost absolute certainty
OF Mckinley nomination for President
by the Republican convention at st.
Louis, next month, the demand is COM
ing from bankers and business men
from all sections of the country that he
should first declare himself unequivo-
cally upon the money question. AS
there is a probability that he may be
the next President, his stu bborn
silence, combined with the fact that
he has been in the past an ardent ad-
vocate OF free silver coinage, is already
working serious injury to the business
interests of the country. The mere
suggestion Of having in the executive
chair man who would approve, in
Htead of vetoing, bill providing for
the free and unlimited coinage of sill
yer, is sufficient to make capitalists
wary and business men afraid to ven.
ture upon enterprises that would be
turned to disastrous failures by any
serious attempts to degrade the cur
rency OF the country to silver basis.
The United States Investor, lead
ing financial journal, talks in a rather
alarming strain of the situation. 1t
says:
The fact cannot be concealed that
the financial OUTLOOK has darkened per-
ceptibiy in the last month. 1t is to be
feared that unless the business in
terests of the country are speedily as
sured beyond all doubt that the gold
mill l,a INT
outlook will assume a most portentous
character. We have no desire to excite
alarm, but the fact cannot be with
held that the more acute business ears
have already begun to detect ominous
sounds. It must be apparent to the
dullest witted that credit cannot be in
strained condition month after month
without break. To change the meta.
phor, the political parties are playing
with fire. BY dallying with the advo-
Gates OF unsound money, they are fast
destroying not only the national but
individual credit. The present feeling
in the financial and mercantile world is
not unlike that witnessed prior TO the
panic of 1893.
The weekly financial letter of Ham
bleton & Co. of Baltimore, refers
directly to the i'll effect Of McKinley's
candidacy upon the business of the
country. His candidacy, it says, in
addition to the uncertainty of his views
on the currency, is disturbing ele
ment because Of his reputation as an
ultra high tariff advocate. 1t would
be unfortunate, it holds, should an
effort be made to reopen the whole
tariff question, by reason Of the loss
that would attend the consequent un-
certainty, and adds:
In our opinion, ''what is most
needed to bring about greater pros.
perity for the general industrial inter
ests of the entire country is the
nomination and election of President
who has the courage of his convictions
and who is not afraid to announce to
the world that by no action of his shall
the United States Of America ever per
nit the debasoment Of one dollar of its
currency or the dishonor of any of its
obligations, and that no is unaltcrably
opposed to the free coinage of silver
and fav0rs the maintenance Of gold as
standard and measure of value, and
tho selection and election OF Senators
and Representatives, who will place
patriotism above party and personal
interests, and who will legislate in the
interest OF Llc nation ana people.
Before we can hone for y full restora.
tlon of confidence and return Of pros
perity, We must show 10 the world that
every obligation of the United States
and of the American people will be
paid in gold and that tho Legislative
branch Of our government will enact
such laws as will produce full reve.
nue. and insure the protection of the
honor and credit Of the nation.
And in the faco Of this and similar
expressions from the ablest authorities
upon national finances, Mckinley shuts
his lips tightly when asked his views
aupon the most importan. public ques-
tion before the country.
The Republican National Convention
should not nominate William Mekin-
ley for President His nomination
would be blow at national prosperity.
Business interests would can halt
until tho result OF thc election was
known
Should tho Republicans insist unon
making Mckinley Their caniidate Ia
should be defeated. His election would
be direct assault upon the national
credit, and the consequences would be
disastrous.
Thon began one Of the mastliisgrann.
ful scenes of blae6gUardiam fit5,ldrY
insult and outrage that ever tony ulace
this side ot the internal regions. The
convention Han, outside OF barely
space enough igr tha delegates. wne
filled, with i fEH exceptions. with a
gang OF tine vlry yilest or creation
drunken, reckless bummprs and
toughs, who on signal from the
leadors heaYeG siNe the marE af the
apparnnt maiority Of tho mcetipg.
hurled upon tdp minority inBults.
tArgals abuse aal menace Unheara 81
before in a meeting Of ciViizcd mem
utterly drowning the voices III tho mon
wtg igied 10 aphdd the rights uf M
minority lnd sahiectng them to tht
con- taHt dread vi personal violence.
W IiaHtiH"5 rttcf IN Morning Newa.
This is true picture. nut it is aIss
trae Wat tbs tough and drsgraceru
charanters whom Mr. Hastings do
nouarss 40 saraaely, comprise IL
elamanto " the Republican party that
has aGatullre been swung by hi;
faction, and used in liEo name,
against tue minority 1his ycar i,
the rotent graee of Ad7ieks iafnances,
the liie1ina club was used t1 blttor
Higgins eraniums.