The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-09-24
The Millionaire New York Gro
Ger Says He Will Garry
the Empire State.
HE GIVES HIS REASONS
Says Single Gold Standard VIII
Ruin the Progressive Men
ofthe Country.
HAS ALWAYS BEENAREPueLlcAN
The Gold-Yoke Will Place, He Says,
Our Laborers on a Level With
Those in Europe.


partner of the firm OF III. X. Thurber 4
Bro, the largest wholesale grocer,
house in America, has for years beel
one of the chief props of the Republi
can organization in the Empire State
But MIR Thurber cannot stand Mari
Hanna and his syndicate politics, ant
has come out boldly for Bryan and FIRE,
coinage.
]. 5. Hackley, one of the best known
commercial travellers in America
knows Mr.. Thurber very wen, ane
when he heard that the big New York
merchant had renowned his formel
political affiliations. he wrote to him
inquiring If it were true. MIR. Haekly
received the following reply:
New York. Sept. 15.--Mr j. s. Hack.
ly: Dear S:r;-Y ours of the 9th instant
at hand. Mckinley cannot carry New
York State If the masses of the party
vote the ticket, and / think they will,
The labor unions are with us, and
where there is one gold Democrat we
lose, there are, as | believe, three silver
Republicans to take his place. The
fight between Miller and Platt will
help us in a small degree. If the New
York King and Queens Democrats can
go to the Harlem river with 10000 ma
joIfty, instead, as formerly, with 10000
TO 10000, / believe the State is ours
The excitement is so great and feeling
so strong it covers very many en-
ployes from talking, and many debtors
also, but their ballots viii go for Bry
an. know this to certainty to be
fact. Ihave not in years at this period
before the election seen the signs point
so Enthusiastically as they do now for the
election of Bryan. Yours truly.
H. K. THURBER."
Enclosed in the letter to Mr.. Hackley
were two circulars Mr.. Thurberhas had
printed and is distributing broadcast
over the country, giving his reasons
for the faith that is in him. The main
features of one circular, addressed "To
bly, Friends" are as follows:
Mr. THURBERS CIRCULAR.
1.-THE question comes right now to
us whether we shall have bimetallic
currency or the single standard of gold
as the only redemption money. On
this point there is great difference of
opinion, and many good, honest,
thoughtful Americans take different
sides.
Which is right? Which policy is the
better for the greater number of our
people?
"On the one side are ranged the
money classes, the men whose wealth
is invested in bonds and mortgages
and other evidences of indebtedness;
and they claim that if we have free
coinage of silver that they will be paid
in what they call "50-cent dollars"
~. SAY that Is dishonest and wrong.
.sIhe people o. the other side say
that silver at about the ratio OF lSla
to / has been used as money from fle
time that civilization began down TO
1917. when rngisll> a became A creditor
nation; and that 81 she has ever since that
time been trying to force the commer-
cial nations of the world on a gold
basis. that would reduce the amount
of redemption money about one~half,
that would reduce the price of all
property other than gold and evidences
of indebtedness that would be payable
in gold if there was no other legal
tender money.
"a single gold basis would injure and
in many cases ruin financially the pro-
gressive men of our country, and would
be detrimental to the interests of tens
of thousands of-the poor classes while
it would enrich only comparatively
few.
"We say that it is dishonest and
wrong when we have invested our earn
Io- on q
bimetallic basis that by law gold
should be made the only legal tender
money, thus reducing the redemption
money one-half in amount
''To do that would inevitably take a
large portion of the whole of our prop
erty away from us and put it in the
hands of those already wealthy.
'sWe say that gold recommendation
can have but one effect and that is to
make the rich richer and the poor
poorer; that we do not want the same
state of things here that exists in Eu-
rope, and that gold monometallism
will go very far to bring around that
state of affairs.
'sThe single gold standard advocates
in order to succeed, must carry with
them large number of voters whose
DESD I1tGISSU ID W nave bAAAItoAAASlAA
and hence the cries of "50-cent dol
lars!" "sound money!" echoed and re
echoed in the papers controlled by thu
money classes.
Friends, did you ever stop to think
first, that every MAN who is living OF
the interest of his money is in favor o
a single standard of gold? and, second
that it is not because they love tn
masses of the people better than the
do their own financial welfare?
81 ann and have been since the four
dation of the party Republican, an
favor protective tariff; but IN tn
election shall do all / can to assist
the election of the Democratic nomlne
for President [ believe this countr
is in no condition at the present tim
to be forced on to a permanent gol
basis.
'sWe all know that we have bee
passing through troublous times. b
iieve that the great reason is that "
have been tending toward gold mon
metallism; that if this country yot'
for the free coinage of silver we WI