The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1896-06-11
is THIS M'KINLEY'S IDEA?
Kerens Says the Money PIauL Will
BE Sound -S,e.

Kerens Says the Money PIaO Will
BE Sound -D-oe.
ST Louis, June 1o-Tbe following was
given out to-da-, by Richard G. Kerens,
MEMBER oS the national committee from
Misson.4 "a. More Importance attaches to it
.nan to variouc proposed planks that have
been proposed on account of Mr.. Kerens'
recent visit to Maj. Mckinley at Canton
although Mr.. Kerens would not have 1t
understood that the proposed plank had the
sanction of Mr.. Mckinley, and gave no
intimation to that effect:
'.We believe that onr money should not
be inferior to the money of the most en-
lightened nations of the earth, and are un-
alterably opposed to every scheme that
threatens to debase or depreciate our pres
ent monetary standard. We favor the rea-
sonable use of silver as currency, but such
use should be to the extent only and un-
der such well defined regulations that Its
parity with gold as currency can be easily
and efficiently maintained. As consistent
bimetallists we are opposed to tire independ-
ent free coinage of silver at a ratio Of 10
to /, as measure fraught with certain dis
aster to all commercial interests of the
wage earners, and in the absence of inter-
national agreements sure to lead to silver
monometallism."
There is something of a contest over the
selection of a temporary chairman. The
Mckinley men have decided upon G. w
Fairbanks Of Indiana, but many members
of the national committee are urging Sam
uel Fesenden of Connecticut. The friends
of the latter say that he Is well acquainted
with Republicans everywhere. and has been
attending national conventions so long that
he knows everybody of prominence and Is
also familiar with the management OF
large conventions. But Fesenden will not
be satisfactory to the Mckinley leaders,
and if the national committee should name
him, 1t might precipItate a contest In the
convention 1t Is possible, however, that
everything viii be adjusted in committee.
The trouble about the colored delegates
seems to be settled. Chairman Carter has
received numerous te1egrams from all over
the country calling for the removal of the
convention If the colored men do not re-
ceive fair treatment. The matter was
brought up in committee to-day, and
Chairman Kennard, of the local commit
tee, gave assurances that the colored del
egates will be taken care of. A delegation
called on Mr.. Hanna to-day, and in re-
sponse to an inquiry, they assured him
that they were very comfortably quar-
tered.
A careful analysis of the situation as to
the financial plank of the platform, seems
to indicate that a straddle will not be pop
ular. 1t has resulted in study of the
loss and gain. The belief of many leading
Republicans Is that In case of a straddle
in the platform here, and free coinage
plank at Chicago, the gold standard DEM
ocrats would put up candidate and carry
some of the Eastern states.
straddle to hold the silver states, the
leaders now here say, would lose New York,
New Jersey and CoEnecticut.in case gold
democrat was In the field The silver men
declare that no stradde the republicans
could adopt would hold Colorado and such
states against the combination of demo-
Gratis and republicans upon a free silver
platform. The figuring is being lone upon
the basis of tie electoral C. lege. and 1t is
declared that the only logical and candid
way will be to condemn free coinage and
declare In unmist akeable terms for the
present standard. The phraseoogy of the
declaration is under consideration, by many
ot the leaders, and rany suggestions are
being made, but the indications are that
straGlle Is to be avoided whenthe platform
Is finally drawn.
Mining Syndicate, Limited, of Okala, Fla.
L. NJ. Thayer Of Okala and ]. NJ. Jones Of
Omaha, members of this company, are in
the city experimenting the erection of the
manufactory. These gentlemen were In
the Black Hills in the spring and at that
time purchased mines of Fuller's earth at
Fairburn and Pringle, near this city. The
earth is of a pure qualify and Its equal Is
found only in Florida. The manufactured
article has been imported largely from Eng
land and Is used in refining oil, making lard
ETC. The consumption in the United States
amounts to about 10000 tons annually.