People's voice., 1896-11-19
QUOTED 1T CORRECTLY.
That Widely Discussed Article From the
Lsndon Financial News.

That Widely Discussed Article From the
Lsndon Financial News.
Early in the campaign The Post, in
discussing the free coinage question,
copied and editorially commented upon
an article from the London Financial
News which said, among other things,
that if the United States were to adopt
silver basis British trade would be
ruined within year. Comment was
made upon this article because it was
so at variance with the general run Of
English expression on the subject.
Although The Financial News article
had previously appeared in several news
pspers-from one of which it was taken
by this paper-its republication in The
Post gave it a national prominence
which it had not formerly attained, and
it Immediately became a campaign is
sue. Incidentally The Post has been
cited as the original medium of the
publication Of the article, although that
distinction has been clearly disavowed.
The Republican national committee,
through its press bureau some weeks
ago, sent out statement that the Lon
don Financial News had never printed
such an article and intimating that it
was political fake and forgery. The
Democratic national committee, on the
other hand, after some investigation,
announced that the article had appeared
in the London Financial News exactly
as reproduced in this country. From
week to week, as the campaign pro-
gressed, the article in question has con-
tinued to bob up in American politics,
being repudiated by the Republicans
and widely circulated by the Democrats.
Without feeling the least interested
in the political aspect Of the matter, but
on account Of having, in good faith,
printed the article, and thus started it
on its rounds, The Post determined to
investigate on its own account the gen.
uineness Of the original article. With
this object in view, the following letter
was sent to Durrant's Press Cuttings, a
reputable concern in London, with
which this paper has long had dealings:
WASHINGTON Sept. p, 1896
Manager Durrant's Press Cuttings:
DEAR SIR-Perhaps you are aware by this
time that there is being circulated in this
country an alleged extract from the London
Financial News Of April 80, 1894, the same
purporting to come through your bureau, Of
which The Post is a patron. Inclosed will be
found q facsimile Of the same as il il appear
ing in the newspapers. Will you be kind
enough to look into the matter and advise US
as to whether or not the ditorial or commu-
nication appeared in the London Financial
News and, if so, at what time. Il has been
asserted that the editorial, if such it was, did
not appear on the date credited n your clip
ping. An early reply will oblige
BERIAH WILKINS,
Editor The Post.
Yesterday the following reply was re-
ceived, which settles the controversy,
showing that the article as quoted did
appear in the London Financial News:
DURRANT's PRESS CUTTINGS,
". DURRANT, PROPRIETOR,
81 HoLDoRN VIADUCT, LONDON, Sept. ~, 1896
DEAR SIR-The facsimile Of a newspaper
clipping you inclose with your favor, dated
the 22d Of September, 1896 1.-THE authenticity Of
which is now being Questioned), is an editorial
| appearing in The Financial News newspaper
Of April 80, 1894. Upon receiving a similar
| clipping from Chicago / at once compared it
with the file kept at the British museum and
have dispatched to that city a sworn declara-
| ton that the publication is quite in order.
Since then have been able to obtain the loan
Of a copy Of The Financial News Of April 90,
1894, and it lays here at the disposal Of any
| one who chooses to call and examine il. This
| finally OPPOSES Of the assertion that no such
| article appeared in that journal Other arti.
cles copied from The Financial News during
1894 have been sent over from here, and doubt
less will be published. The actual paper lays
here and can be seen by any one. am, dear
| sir, your obedient servant, v. DURRANT.
To the Editor Washington Post, Washington,
D. c., U. S. A.
For the information Of readers of The
Post who may not readily recall the
original publication the article from the
London Financial News is herewith ap-
pended:
There is plain moral in the remark
that if the United States would venture
to cut herself adrift from Europe and
take outright to silver she would have
all America and Asia at her back and
would command the markets of both
continents. The barrier of gold would
be more fatal than any barrier of Gus
tom house. The bond of silver would be
stronger than any bond of free trade.
There can be no doubt about it that
If the United States were to adopt a
silver basis tomorrow British trade
would be ruined before the year was
out Every American industry would
be protected, not only at home, but at !
every other market. Ofcourse the States
would suffer to certain extent through
having to pay their obligations abroad
in gold, but the loss on exchange under
this head would be a mere drop in the
bucket compared with the profits to be-
reaped from the markets Of South |
America and Asia, to say nothing of |
Europe.
THE marvel is that the United States
has not long ago seized the opportunity, !
and. hnt for the haliaf that thu xrau of |