Tombstone prospector., 1896-08-31
BIMETALLIC SY>TEM
Would Bring ts America the
 Trade of the World.
London Financial News:-

The 6asncial situsiion in the United Ststes is very serious. Ths senate has blocked all e~lief measures pro- possd bY President Cleveland, and congress is ct . oead standstill on the money question. The free coinage senators gre r,asters of the situstion. "The condition of atfairs in the United States congress demands the immediate attention oi British 6nsn. ciers aud staiesman. The trade of the world is now iu our hands, but 1t will not long remain there if ths Uaissd States goes to . bimetsllio basis with free and unlimited coinage Of silver.
 "With the addition of silver to the volume Of money. everything in Amer ics would ,ake on new face; labor and industry would gain new life. The grip of the soi1 standard on the proaucts of the wosld would rise. Great Britain would lose her markets in South America, Asia and Europe. and American ships would not be long io capturing the carrying trade of the werld.
 British creditors mus. now apply thsnselves quickly to the American money problem. The sound money men and banking interests led by Sen stor Sherman, Cleveland and Carlisle, with . plentiful supply of mesnr, have been beaten. The American people are thoroughly aroused and educated on the power and uss of money, and made desperate by debt and bu.iness depression. they are forcing free silver e the main issue.
 "G.sst Britain need fear no injury to her trade or investments i the Re- publican party can force protective tar ik e the main issue in the coming presidential campaign, but if free sil- yer dominates ths American mind and carries ct the polls. it will bring about . change in England that will be ruin- ous from its suddenness and severity. The damage that can be done British manufactures by protective tariff is slighs compared with tine dissstsrs that would be eEtaiied by . change from . single gold to complete bime- tallic standard.
 "It is evident that ths Democratic party will not nominate . man who holds to President Cieveland's ideas On money, and hope for continuation of Ar. Cleselsnd's financial policy will bs in the success oi the Republicans in the next election.
 "The success of free coinage will bring down ths rate interest on money. and cause an i'm mediate rice ia the price Of sl, con modities. When silver becomes primary money the American mines will pour their pro- duets into the minte, and . new era similar to that produced oy the issue of greenback during the civil war will begin. Gold will leave the banks and enter in,e composition with s,lves in the avenues of trade and the mspu- faetures of the United States. which have been shut down or crippled since 1892. will again resume their fights tor the English markets.
 "Is is doubtful whether the Repub- licaa party can be held much longer in cheek by sound money statesmen, e iis adhsrsnts are divid Il ny pouer- full factions. The Demo- .,ic party is alec under the weight Of the free silvsr agitation. It matters not to Crest Britain which party suoceeds if the gold standard is maintained, but either of the old parties or . ssw party which goes into power pledged to free coinage will bs inimical and prejudi- cial to English msnufsctoriss and trade.
 "Ths American people cling with