Weekly independent. [volume] (Elko, Nev.) 1887-1914, 1896-10-18
nAnrINE os nErunLrcASIsM

Aiou. u. T. Hdrtlue. cA-SOupEeSS
man from Nevada. who stood by the
Republican party while that party
stood by its principles, was one of the
speakers ut a large and enthusiastic
meeting in Chicago last Saturday
and among other things said:
am opposed to the candidates Of
the Republican party because upon
the great and practical issue before
us that party has ceased to be Rcpub-
lican MS I understand the term. Con-
trary to all its past history and ira
dition, for the first time since it WAS
born, the Republican, party has opeu-
ly declared in favor OF the gold stand
ard and laid down in the awful shad.
ow OF the money power Of Europe
and America. BY history and tra-
dillon it was always Il bime,allic party
pledged to maintain the gold and sill
yer money Of The constitution until
its Independence and it's A~mericanism
We Il strangled together in ST. Louis
on the 18th duy OF last June. The
power that mods the purse strings Of
the world has the world ut its mercy,
that power today is London. lnd Lon
don will continue To be the powe- so
long rs the gold standard is main
tanned. Tho tinanciers Of England
understand this perfectly well. Run
ming all through the testimony Of the
| gold standard advocates who made
the statements before the royal COM
mission in lSSG-S7. was the idea that
the restoration of silver would injure
England rs Il creditor nation and de-
| prive London of its present position
rs the worlds great financial center.
Mr.. Gladstone also understands it
well. In the most explicit terms he
has declared that England is Il cred
itor to the extent Of Sl0,0UO,00p.OUU
and that the restoration Of bunIetal-
liSu: would reduce the va!uU Of the
money which she collected. What
did he mean by that? Was he afraid
of Engl md beng paid in cheap sill
ver:" Not at all. He knew that
under international himetallism gold
and silver would be OF equal value ut
the ratio agreed upon, but he also
kncw that the restoration OF silver
would make the gold it self cheaper.
If that be true, then the dcmonctiza-
ton Of silver made gold denrcr and
gave England an advantage that does
not belong To her 10y any principle Of
justice and fair dealing. And this is
not the worst Of il. The declaration
is made with the full Knowledge that
the restoration OF bimctalliam would
be for the best interests OF the cUun-
try. As Mr.. Bryan haC frequently
said. the promise To promote an inter-
national agrecmant Is itself an adj
mission that there is something wrong
with the gold standard. So tie posi-.
ton Of the Republican party is sim
ply this: II admits hat bimetallLsm
will he for the best interests of the
country, hut at the same time makes
the Illuminating ploa that we can do
nothing for u own good without
the permission and the and Of Il couu-
try whose interests ar5 directly OPP
posed to our own. But even this
does not tell the whole story. When
the st. Louis Republican Convention
met not more than II fonrth Of its
members were actually ana avowed.
ly for tine gold standard. Moro than
threc-fourths were strongly for hi-
metallism-Or at least they claimed
to be. And yet the threc-fourths lay
meckly down aud allowed the one.
fourth representing the English idea
i'll American p litics to bind them
hand and hand with chains of gold.