The Caucasian. (Clinton, N.C.) 188?-1913, 1896-06-18
TO KILL
FREE SILVER.
New York Bankers Ready To
Use $4,000, OOO---They Will
Rule or Ruin.

Wv ~6VsDVVsVVV
Rule or Ruin.
Desperate at the kissing Tide of Silver
Money Iaterests OF New York Say They
Will Foreclose all Mortgages and Call In
All Loans In the Silver States.
Julius Chambers, the New York
Journals most reliable and trust
worthy correspondent, writing to
that paper concerning the rapidly
rising tide of the white metal senti-
ment, gives the following remark
able and Infamous plan of the gold
standard men, in their desperation,
to rule or ruin the country:
"The real political problem Of the
hour is the attitude the Democratic
leaders of the four great States of
New York, Pennsylvania. New Jer-
sey, and Delaware are going to as
sumo after the Chicago convention
has declared for free silver.
"Senator German, of Maryland,
must also be added to the coterie
that will include Patterson and Har-
rity and Senators Hill, Gray and
Smith.
IA conversation with one Of these
leaders tonight elected the import
ant information that a gold stand
ard Democratic ticket is not beyond
the range Of possibility.
SIT may be decided on before the
7th of July that none of these lead
ers will enter the Chicago conven-
ton. They are disinclined to be
known as boilers, but are irrevoca-
bly, committed TO the gold standard
and feel the utmost disinclination to
be bound by free silver platform.
They regard the rising tide of silver
sentiment with quite as much con-
sternation as do the Mckinley Re-
publicans.
| ONLY ONE COURSE OPEN.
"At this moment no one of these
men has decided in his own mind
what he will do in the face of the in
evitable result at Chicago. Senator
German, with the great commercial
metropolis of Maryland behind him,
can take only one course. Senators
Hill and Smith are equally commit.
ted. New York has not spoken in
convention yet, but not the sllghtes.
doubt exists as to what her voice
will be. A great revulsion of Dem
oeratic feeling is expected between
now and the 3rd of Novemb ber, wher
many Eastern Democrats expect t.
see some of the noisiest agitators
for the white metal on the stool Of
repentance.
IA New York Democrat said al
the Arlington hotel tonight:
"'The Western and Southern mer
of our party are certainly out o
their minds. They never have fel
the weight of the commercial inter
ests Of the East arrayed solidly
against them. The Greenbacker
and Populists, silverltes and Grang
ers never have withstoed a cavalr,
charge by the combined money in
terests of the country.
> SOUTH AND WEST WILL SUFFER
"'They will feel in it Novembe,
+ The South will suffer most, 1 fear
! Its loans will be called to the las
6 dollar. Its cotton will be left to re
in the congresses, because the raj
q roads that are owned and operate
by Northern capitalists, in a majori
h ty of cases at a loss, will refuse t
carry it. In the West, every mort
! gage that is held against every farr
a in the silver States will be for,
a closed. All lines of credit for dr.
goods and groceries in these ind,
a pendent regions will be closed, b,
= cause the Eastern bankers and me
r. chants regard the silver movemer
4 as absolutely dangerous to the fna,
cial future Of the country
= Wouldn't this mean revolution
- was asked.
= "'Perpaps; but this crusai
ic against the East already under Wa
"a is revolutionary and quite disastro,
to the people of the East as any civ
IS war could possibly be.
a "I wonder if they understar
n that the prominent bankers of Ne
o. York have already in their posse
sion carefully prepared lists of del
vn gates to st. Louis and Chicago, i
n dicating the financial opinion
ed each delegate and his alternat
10 Such is the case, and if 100000
er is required to prevent the inserti,
at of silver plank in the St. Lor
to platform it will be forthcoming.
wonder if the Southern men ha
TO- leckoned regarding the negro vot
he They certainly have not in su
on States as Virginia and the Carolin.
ne and in the black belt of Alabau
an where the negro vote is as purch,
he able as any commodity of the cot
ms try
,al What you say about the thre,
7er ened use of money at st. Louis
ed very startling; are your stateme1
if based upon any positive inform
,ev tton3' was asked.
act THEY MEAN BUSINESS.
Ak al have seen such q list in
the possession of a member of the N
vas York Clearing House. On it ev
:es;; weak brother was specially indica
ull and no secret was made of the
ov- termination to reach and influe
the potently enough delegates to 7
ed. vent any miscarriage of the plans
oes the gold standard leaders. T.
.lli- mean business; because they |
lists that they might as we'll lose Il
as money in q lump as to suffer the
CO. preciation of railroad and h