New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-05-18
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SOUND MONEY WILL WIN.
ITS SUPPORTERS AT ST. LOUIS WILL OUT
NUMBER THE SILVER MEN
NINE TO ONE
THE DECLARATIONS OF AN OVERWHELMING MA
JoRITY OF REPUBLICAN STATE CoNvEN-
TIoNs IN FAVOR OF AN HONEST
CURRENCY SYSTEM - THE
MONEY PLANKs OF


CURRENCY SYSTEM THE
MONEY PLANKs OF
THE PLATFORMS.
Washington, May II (SpeciaD.-In spite Of the
sedulous attempts Of Thomas c. Plat and other
disgruntled political leaders in New-York to
spread abroad The mischievous delusion that the
| ST. Louis Convention will be controlled by sele-
ments in the Republican party unfriendly TO Its
established policy OF honest money and sound
currency, the results Of the conventions held
throughout the country demonstrate conclusively
that no National Convention In the party's his
tory is likely to be notable for the preponder-
ance of sound money sentiment among Its dele
gates than that which Is to assemble at st. Louis
on June 16. Changed political conditions and the
growth Of more rational ideas Of National finance
are undoubtedly responsible for the marked con-
servatism shown by the Republican State con-
ventions which expressed opinions the So
called financial question in 1892 as compared with
the ideas held and expressed In 1896. Four years
ago. when the Minneapolis Convention met. the
Government was still conducting the experiment
of expanding monthly the silver coinage OF the
country while endeavoring TO maintain its whole
silver circulation at parity with gold The sill
purchase law of 1890 had yet to be condemned
as failure and repealed. and sentiment in the
convention naturally favored !. declaration look
ing to the continued coinage Of the two metals
under conditions which We're afterward found
both dangerous and burdensome to maintain.
To-day the idea Of free silver coinage, or even
Of continued limited silver coinage for the present
has practically been abandoned by the great mass
Of Republican voters. Outside the States of Cali
forna. Nevada. Utah. Idaho. Montana. Colorado
and Wyoming the free coinage craze has spent
Its force, and in the Dakotas Kansas, Nebraska,
Washington and Oregon, once stronghods OF free
coinage sentiment. the swing toward more sensi-
bic and conservative financial views has been as
decided this year as II has been unexpected. The
radical silver leaders, in fact long ago gave UP
the Idea OF making any serious impression upon
the st. Louis Convention. and are now simply
disputing among themselves whether they shall
bolt on the adoption OF an anti-silver platform
or acquiesce gracefully In a decision which will
represent the views OF perhaps nineteen-twen-
teths Of the Republican voters Of the country
Conventions have now been held and platforms
adopted in all the States and Territories to be
represented at st. Louis. Alaska excepted. The
drift Of opinion In the party and the relative
strength Of the sound money and free coinage
elements in the National Convention can there
fore be readily Judged and measured or the
fifty States and Territories which are to have a
hand In framing the st. Louis platform. thirty
three have declared for sound money and against
silver coinage under existing conditions: nine
have favored unrestricted free silver COMA 90
and eight have failed to make any clear declara-
ton on the money question.
In the table which follows the fifty States and
Territories are grouped in these three classes: