The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-01-31

me third term idea. And, Mr.. Balm, we
are not going to have war with England.
The commercial interests involved are too
enormous. Why, England has billions of
dollars invested in this country. She could
never afferd to go to war with US. The
best indication that there will be no war
is the sudden restoration of confidence in
Wall street. Mr.. Cleveland's friends and
advisers are in Wall street. With the first
announcement of the presidents message
there was very naturally slight furry in
the speculative world. But as soon as the
money men of Wall street took hand the
uncertainty disappeared. Values were re-
stored not alone in New York, but in Lon
don. There is not going to be any~war,
and the wealthy investors of New York
and London know it. -
Governor Stone Presidential Candidates.
1 asked Mr.. Stone who he thought
would be the nominee if Mr.. Cleveland
was left out. The governor himself has
been discussed as presidential possibility,
and perhaps the question was hardly fair.
He answered it noncommittally, but when
Colonel Morrisons name was mentioned,
he said:
Mr.. Morrison is discussed great deal
in the east just now, and for that reason
he may appear to be the chief candidate of
the Democracy. do not like Colonel
Morrison's money views, but personally
admire him very much. You are sure at
least that you know whore he stands. He
is man of rugged honesty. He is not
afraid to declare his views, and he sticks
to what he says You always know where
to find Colonel Morrison, and he is a man
who would not accept nomination unless
he could accept the platform of the con-
vention. He is no better than his party,
| and he would not attempt to declare the
party's principles for it. Ex-Governor
Boies of Iowa would have been a strong
candidate if he had made the race for gov
srnor the last time and been elected
do you think the convention will adopt
platform on which Mr.. Boies could run?'
1.-THE platform may make certain con-
cessions to silver which would still mako
it possible for Mr.. Boies to accept the
nomination. I hope, however, that it
viii declare for the free and unlimited
coinage of silver. If the United States
} should lead off in the battle for bimetal-
ism, as it did in the wretched work of de-
monetization, it is by no means improba-
BILE that France and other European states
would follow. Whether the United States
can, by Independent action, bring the two
metals back to the old point of union, 16
to 1, is of course problematical. Whether
that particular ratio could be maintained
is not altogether certain. 1t needs to be
demonstrated. That is now only ques-
ton of opinion.
"But there is something which is abso-
1utely certain. 1t is absolutely certain
that the margin of difference now between
the metals represented by the present COM
mercial ratio, 80 to l. would be greatly
lessened by free coinage in the United
States alone. How much it would be
lessened is a question. That it would be
greatly lessened is certain. We ought not,
therefore, to reopen our mints at the pres
ent ratio, since that ratio would instantly
disappear upon the restoration of free coin
age. If we readopt the policy of bimetallic
coinage, we should proceed with the view
of increasing the value of silver to the
highest possible point. With this object
in view. 1 favor beginning where we left
off-at the old rntio of is to land see if
parity can be established at that point
We must begin somewhere if we begin at
ALL" GEORGE GRANTEAM Balm.