Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-08-19

sotld IL now In our handle but u VII
moi long remain there II the unliel
5ts,es goes 10 a blmeiallio basis Win
ffee and unlimited coinage OF silver,
with the addition loi silver TO the
,oinrne of money, every thiug "
America would take ON new lac,i
labor and Industry would gain new
iife Tire grin Of The gold standard on
Inc nroduris Of the world would fiHe.
ursst Britain would lose her markets
tnssuth America, Asia and Eufopf,
aud American ships woul no, DO long
in capturing the carrying Haue OF 'uo
world. .,.
British cfediloro must now apply
Themselves quickly 70 the American
money problem. Tue SOUND MONEY
men and banking iuiefesls, leu ny
Senator Sherman, Oieyelhnu anu
Carlialt, With a plentiful nupply OF
means, have boon beaten. Ihn Amer
lean people are thoroughly aroused an
educated on tho power hnd uau ol
money, and made desperate by debt
ard business depression, they are
forcing free silver ne the main Issue.
Ofoat Britain need fott no illufy 10
her trade or Investments u the Hopub.
ucan party can forcu "pfoloctivo lnfiu"
no the main Issue In the coming Pfosi'
dental campaign, but II ifvo silver
dominates tho American mind aud
carries at tho pole, II will bring about
a ohanRe 10 England that viii be
rulnoua from Ito audiences and sever
ity. Tho damage that can ho done
Bfitish manufacturers by protective
tarlti IL slight compared villa tho dis-
nsteu that would be cntsilod by q
change from a single gold 10 COM
pletc blmsiailic standard.
n IA evident that the Democratic
psrly will not fonominats man who
holds 10 President Cleveland's ideas
on money, and n only hope for n con.
tinuaii1n Of Mr.. Cloveland'e financial
policy will be IN the success OF the
Republicans In the next election.
The success Of free coinage Will
bring down the rate OF Interest on
money, aud cause an immediate rise
IN tho price Of all commodities. When
silver btc0mes primary money the
American minoa will pour their pro-
ducts into tho minis, ana new era
similar 10 that produced by tho Issue
OF gTconbacks during tho Civil War
will begin. Gold viii leave the banks
and enter into competition with silver
In the avenues Of trado,and the manu-.
factories Of the United States, which
have been ahut down or crippled since
1892, will again resume their iighta ior
the English markets..
IL IN doubtful whether the Rcpub.
lican party can be held much longer
In check by sound money siatoam IN,
a. ils adhsfenis arc divided by power.
iul factions. The Democratic party Il
also breaking up under tue weight oil
tho ffee silver agitation. IL matters
not TO Great Britain which party sue,
ceods II tho gold standard Il
maintained, but clther Of the old par
tics or n now party when goes intC
power pledged TO tree coinage will b.
inimical anu preludloial TO Englisa
manufactures ana trade.
The American people cling Will
wonderful tenacity 10 party organiza
tons, but financial embaffAstmenta nc
business stagnatlon has become TOT
nsvsrc for their pntleu CO, and they af'
ready for any change that PROMISE
rclleL They arc becoming c0nvincet
that II cannot be- found In the piotoc
ton theory, ne that hAs been tie,
and they are maaulng now ON FREQ ell
yer.