The morning times., 1896-06-22
WHITNEY WARNS HIS PARTY
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Continued from First Page.
uent OF the principal commercial nations.
1T would be expected that with such a
general couseDsus OF scientific opinion
as is to be found abroad upon this subject.
IL would come rapidly to be tue generally
received opinion OF the nations to be
affected BY a wise settlement OF the prob
lem.
such is the case. or the continental
natious- Germany was the one that in 1899
practically broke up the conference which
met at the suggestion OF the United States.
.'she Instructed her Delegates to meet
and talk, but to state to the conference
that she would not change her imperial
standard. As her standard was gold. that
announcement ended all possibility OF any
practical results from that conference
Since that time and within the last year
her legislative assemblies have specifically
by votes OF instructions to her ministers
changed her attitude on that point so
that the. specific objection OF Germany
encountered by the conference OF 1882
has been since considered and withdrawn.
WISH To COOPERATE.
'.Atthc cpresentmoment Germany France,
Italy. Austria, Holland, Belgium and the
esta adjustment and maintenance Of the Joint
standard by international agreement. and,
a most important circumstance. Great
Britain has recently. within three mouths
in fact made q most important conces-
sion. She has said: We will do for YOU
as much as you can DO for yourselves.
We will make this great contribution to I
bimetallic system: We Will 60 back upon
the deliberately arranged methods of pro-
vidiDg a currency for India.
a. We will reopen the Indian mints. We
viii engage that they shall be kept open,
and we shall, therefore, provide for a
free coinage of silver within the limits
Of the British empire for a population
greater in number than tie populations cf
Germany, France and America put to-
gether.'
Into this long nd now Just about to
be successful struggle for the establish
ment OF the joint standard it is proposed
that We should intervene by assuming to-
establish il alone. Against this proposed
action on our part these earnest be-
licvers in nd workers for the cause
strcnuousiy protest They say to US you
cannot succeed and your failure will dis
credit the cause
The recent article OF Dr. Ahrendt in
the North American Review shows very
clearly the view taken by cur friends
abroad upon this subject He had done
Hlutn. diu pftDdbis InCfe tHdu any iNinS
man to advocate and bring to its dominft-
ing position in Germany, this Cause One
OF the original organizers OF the Bimetaliic
League in Germany. he is entitled to be
called one OF the leaders Of public opinion
in Europe upon this subject. 1t was upon
his motion In the PFrssian Chamber OF
Deputies that the position OF Germany
was modified within the last year.
SILVER MONOMETALLIsM.
He expresses the opinion that free COIN
age undertaken by the United States alone
would simply end IN silver mcnometaIiism.
and discrc6iit and put back the cause Of
the double standard the world over.
1T is ecestion not what we wish.
but what we are able to do. A strong
man may undertake task fer his strength
and break Down
1T cannot be denied, tt 1T Tho feeling
among Our people is that lis free coinage
by the United States alone, will not give
us the gold and silver at a parity with
each other (which is the assumption upon
which it Is undertakenl, but viii bring us
to silver monometailism and a change in
our standard of values.
And that change, it is believed, means
immediate ruin 70 our industries and 10
permanent good to any one. This feeling
is general and intense. Whether these diff
ANhSAASes N<h4A &c AtNcbti.cd. ~ 10 AffiBOsSlbi1
to anticipate. The Democratic party
stands for principles desirable 10 be main
tanned for the good of the country. Most
any sacrifice might be asked OF Demo-
Gratis for the sake OF party. and they would
checrfully make il. But IL the delega tes
from this locality should 20 to that con-
yention and represent that the rank and
file OF the party would follow the lead Of
the Southern brethren and vote for the
e--rax Ill
alone. he would be misrepresenting the
state OF public opinion here.
Whether it is so or not, it is. considered
proposition to debase the existing standard
OF values. And the same feeling of in
disposition to Compromise with that matter
for votes or anything else is as active and
dominant here in our party as II wrs
found in the Republican party when 10
bore down and overpowered the Mckinley
machine.
SHOULD MEET DEFEAT.
Personally, it is my opinion. If the
Democratic party goes on to that platform
astrous defeat that any party has ever
had in this csiuntry. I understand IL Is
honestly believed in, and people think
it will bring relief from their present
troubles, but between now and election
day 1t will be pretty thoroughly sifted anu
, Bic pttDht Ot tttfS Coautry VIII HOI race
the disturbance OF values. the loss OF con-
fidence, the general distress and ruin
which would come to their business in
te-ests in such a change in their standard of
value as would arise from such action.
And it will, in my opinion. overwheIm the
persons who undertake it.
1T ought not to be necessary for me
to say anything of a personal nature.
find myself. however, spoken OF here and
there as a possible candidate--not very
seriously or prominently. but sufficiently
to attract attention IL should fail 10
notice tt. It sometimes affects ones iE-
| flucnce in cases like the present. have
| no personal motive in entering this fight.
| l have said that I would not be cam
| didate.
II will add. copying the emphatic Ian
I guagc once used by the late Gen. Sherman
| (I think remember it correctly. Il will
| not run il nominated nnr serve II elected
81 am not foolish enough to suppose that
any eastern man eeHifl be nominated by
| this convention. mueis- less that esuld.
II sympatIizc thoroughly With the feel
| ing in the south Tint has caused this up
| rising and VIII flnd it's expression at
| Chicago. but as to the principles which
| tile uprising hus brought forth and the
/! issues being framed entirely Disagree
| :. "WILkIAM C. WHITNEY,
per,uavfv <.ffcvusl fnr uuIe or rrnx uy YLH