New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-07-06
BEST POLICY AND TRUEST ECONOMY.
TO PRESERVE NATIONAL HONESTY THE DUTY
OF PATRIOTISM

TO PRESERVE NATIONAL HONESTY THE DUTY
OF PATRIOTISM.
From The Bond Record.
The financial atmosphere has been clarified by the
phaticaliy Tor the maintenance of the existing gold
standard This important declaration was cleary
in is June issue published previous 70 the as
sembllng OF the convention. stated that all develop.
aiming the present gold standard and opposing
the free coinage Of silver unless ana until pim rh
ism is adopted by International agreement. ms
in nutshell is the financial plank finally adopted
Just year ago. when the country was en.er, ,h
raoenishment Of the Treasury gold reserve and the
stoppag. Of the gold exports through the enorIs q
R as Freely discussed the question that now
creating such intense Interest ms dlscussT Viii
not do for the advocates Of honest currency to
stop now in their efforts to create sentiment II,
the ws' "a anu Stable Currency Until this accom-;
pshed NJ solid and lasting prosperity can be looked
These remarks written in July 1895 are em 1oax
apPGt aSr 10 o an sound currency greatly needed
now the good effect Of the St L6 6 syr mem
IN the ranks OF the Democratic party In CARVING
recent State conventions for free co'h has .nnei
e b frnnt Ia stem the tide succeed In their enorts
here viii be fre.siver platform ana Ss ,n n
csndaaeb s tmdity Of capital and the result has
been reflected in great depression ana r.ailnr -
s snrnssse hrughout the country A the case NOW
stands it looks very much as II w0la p ne on
test ds, sde and nat silver money on the other
The Bond Record und s,TSn Hos 's standed
ibs mse Of silver for subsidiary payments;
Recent Developments have ,sn sey and steadily
a. work for year in educatng me =, ,Ssr notions
Wase The result Of this is plainly seen In the
large majority Of silver DELEGATES eec1ea - are
chicago Co snieR TO- extend their
East trusting to the low prl on adherents In the
the of Saona and all the tel n5n neer
ests OF the country their WI camnaien in which all
combated by an educational ca'"p"e"
SINE people are disposed to take MAS MAS 81 bmet.
middle s there is no middle gound In thIs
and no such thing a. rn,Istion Of gold and
s Is mean an xed ratio Joint measure H npos
Such thing is heoressatSy ny a Countries which have
tpr,nted 70 accomplish such resu1 9Th the
this statement J. Is sne c s9S and individual
pedf, great influx Of foreign capra era ~ pros
develop rich nr ta aa silver with National
pe eb,or ' general bankruptcy ana sr quarter
which me This il no time TO mnce worns anu
plain talk is what Is Ened States may be deluded
The people b Gt the false teachings OF designing
noticans but they are not snen should take
listen TO m the fact some thirty years , af
here was soft money rsent silver craze and
as large disastrous results TO me re ~ the
prOnhSe,,, =, the "greenpdck
credit WEminent statesmen sun IN yuo, ,,,d money
e,,rhered among the sounues' -. hmt finally
noM "IaiiieJ with this mama lor .,nce ma ssed
saw .'' The great contest on the peve the SO
away hon an effort was maze - no no,ss while
came WIZ, nayable in legal-ten to-. sv..as
bonds deciaIe" large premium The tniteu s.a' ~,
gold vas n ,sN its bonds. principal anu o. "A
mao ad Inc ia mixers who marKetyel liz - ia in
fod, nle who purchased them TO- IT, hei,.S that
the peppe tho rebellion did so IN me oe nra,tnm.
putting dow, .r n - be treated the same as prevoud
these oon's r,Iar sentiment against tne pIvpS%, 80
issues ar srrang up In all directeaS h -, s.ine
repudia lo'l IA "a this March: my ny Pas,
gross respo,E od,t act which declared tnat u'e III
the Pubic nrsssv provided In the contra e., a., a
otneiM, Nearing obligations OF 'ne ,hat lime wa 3
ntet savahie in coin. and COIN az s." ~ this was
were payd az meaning gold. The enec' T "ereen-
electrical: ,a VAS subsequently reiega'eu u W.
liv'on. ,o than with soft money Cd" ~
What was sil,,er Let II he understoou ." a.
be done VIZ e. way for this Nation pu. III, ~. Ne
tner n'res, integrity and the mos ,mth that lies
tne ,Prrt.b, This Il STUBBORN - ar,s vou ON
gooI Iii, across your path II co onS convinces
every dgu.nt and It will not he evan that II Il
Your XII honesty is the best pSncsy av there
merely ina ,nromy that II Is the pest w. "a.
the truss. M other road but that W.T.. aer,.
Is absou,rn 70 National perditon. Le. s.,ro
straght ny u,,th PATRIOTISM and sincs,e msny
man inpu'u ,,rtrv rise still higher IN ra.n r,, ~,
~ see ms ,,,ons ~ the globe keep tns W,r.ur
me ,rash in mind between low " IT. hsat efYors
truth ,rrs and let him put forth ms , IrS, 90
that this silver ne'es' ~
/ -a,fin