Jamestown weekly alert. [volume] (Jamestown, Stutsman County, D.T. [N.D.]) 1882-1925, 1896-10-01
PRINCE BISmARCK'S ADVICE
The United States Should
Take the Lead In Silver
Remonetization.
Amply Able to Do Soccer
many and Other Nations
Would Follow.


Would Follow.
That international bimetallism VIII
quickly follow the election of William
]. Bryan as president, and the restora-
ton of free silver coinage in the United
States, is clearly demonstrated by the
following letter written Aug. "a, 1896 ny
Prince Bismarck of Germany, and by
the declaration Of the International ag-
ricultural congress now in session at
Buda-Pesth, Hungary, the latter dec
laration being embodied In cable
gram sent by members of the congress
70 William ]. Bryan. These declara-
tions in favor of bimetallism, coming
from such distinguished sources. can
not fail to produce the first genuine po-
ntical sensation of the present cam
paign, and effectually spike the Re-
publican platform and Republican as
sertions that this country cannot
change the monetary system Of the
Mr.. Bryan will be hailed by the great
agricultural and middle classes of
Europe as the key to opening the mills
Of Europe, as we'll as America, to silver
% we'll as gold, and consequent relief
from the paralysis which Is affecting
the agricultural. business and laboring
classes In Europe as well as In the
United States They give the lie to
the gold bug argument that the pres
ent agitation will operate against in
ternational bimetallism. and tears to
tatters the Republican platform plank
which prates about the inability Of the
United States to take the lead In re-
storing the money Of the people to its
former place in the monetary system
Of the world.
So many persons have not seen Prince
Bismarck's recent utterances and
Brysn's comments on them that they
are both reprinted today.
In speech at Wilmington, Del, Mr..
Bryan quoted Prince Bismarck Of Cor
many as advocating bimetallism. The
gold standard has been . bad thing for
Germany, - is shown by Bismarok'a
advice that the United States take the
lead in restoring silver TO our mints.
Prince Bismarck's letter in favor OF
bimetallism was written in response to
the following letter Of inquiry from Gov
ernor Culberson of Texas:
'Austin. Tex. Aug. 10. 1s9S.-Prince
Bismarck: Sir: The great question Of
finance Is now of supreme interest 10
the people OF the United States. 1t 10
presented in various forms. but in .
general way 1t may be said to be.
drst, whether the United States shall
adopt the single gold standard. or. sec
end. whether they shall adopt b.
netallism. with both gold and
silver q the standard. or primary
money. The argument in favor Of each
b well known to you. but it is particu-
larly insisted that we should adopt the
policy Of bimetallism because the sup
piy Of gold in the world for coinage IL
insufficient to meet the demand. or be-
cause such a standard will still further
depress the values of all property.
(which. in your judgment. Is the best
policy to adopt-the gold standard or
Notwithstanding your reasons?
what effect. in your judgment. win
the immediate adoption Of bimetallism
by the United States have upon the
cause Of bimetallism in Germany. and
ether great commercial nations?
[signed.l &C. A. CULBERSON,
Governor OF Texas"
In reply Bismarck said:
''Friedrichruhe, Aug. ~. 1S96.-Hon-
cred Sir: Your esteemed favor has
been duly received. hold that this is
the very hour that would be advisable
20 bring about between the nations
chiefly engaged in the worlds COM
merce a mutual agreement in favor of
the establishment Of bimetallism. The
United States are freer by far In their
movements than any nation Of Europe,
and hence, IL the people Of the United
States should find it compatible with
their interests to take independent ac-
tion in the direction of bimetallism. I
cannot but believe that such action
would exert a most salutary influence
on the consummation of international
agreement
[Signed.1 BISMARCK"
Commenting on these words Of Prince
Bismarck, Mr.. Bryan says:
We have those among our people who
have said that some other nation must
take the lead. Prince Bismarck Gays
that the people Of the United States are
freer by far in their movements than the
nations Of Europe. Gan it be that this
great German statesman has higher
conception of the abilities Of the people
OF the United States than the tories who
are not willing to do anything until they
ask the consent of other nations? (Grest
applause
Not only does Prince Bismarck say
that We are freer I'd take action than
other nations, but he saye il We act it will
exert most sslutary influence upon the
- ~ al IN nj m al nor0ornont Z