The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-07-06
Tho German. In tho Present c.mpn,rn

tlOTuuSnly conservative IN matters or
finance as the German. Neither In HIS
own country nor In this has hc ever be-
llcvcd In or countcnanced shams In
money Whatever ho builds, DO It u
structure, a machine or u system OF
finance no wants It to be sound and
strong.
The German never yet was known to
call the half Of anything the whole OF It.
He never expects to receive or pny out
half dollar for u whole dollar. lie
expects to be paid In good money for his
work and for whatever he has TO sell,
and has no use for II dollar that Is not
intrinsically worth q hundred cents.
Hence we sec In those two strong Ger
man and Scandinavian states. Wiscon-
sin ana Minnesota, that the Democracy.
representing these two controlling cle-
mcnts among the farmers, spoke out
clear and strong for sound money m
agaist bogus dollars when they were
sending delegates to Chicago.
We call TO mind the fact that,it was
the German element In Ohio In 1876
that came Into the great contest be.
tween the grcenback craze and the
movement for specie resumption. like
Bluchcr'S column at Waterloo, and
saved tho fortunes OF the day, md We
see every Indication that us they fought
for sound money In 1876 30 will they fight
for II In 1896.
In New York Is the Gcrmun-Amcrican
Sound Money League. at the head OF
which stands such well known conscr-
vutlvcs as the editor OF the Stants-ZcI-
tung. u Democrat, and Carl Schurz, an
Independent In politics. saying nothing
OF such other names as those OF Gustav
Schwab. Henry HeIde aud William
SteInway.
These representative German-Amc.i-
cans have issued II circular which they
are sending broadcast over the land.
and which sums up most effectively the
points that ARE In issue In this great
contest. II sets forth the following facts
aS worthy OF special considerations:
First-That OF tho Isl Gcrman-AmerI-
can newspapers In this country which dis
cuSS politics. 100 ARE In favor OF the present
gold standard. - are for bimctnllrm or
Tree coinage OF silver. and 70 are doubtful.
~ majority OF the said newspapers are
published west OF tho AllcHhcnIrS.
ScconI-Thnt @pCr cent OF the German
American voters nrr In favor OF the MAIN
Will support only that party which In It's
platform declares Itself unrquvOcally in
favor " that standard: that they will not
vote for presidential candidate who. by
MS letter OF acceptance. does not pledge
himself TO stand by this declaration.
Third-Thc party which In its platform
and through its candidate for President
Will declare emphntically for the malntc-
nance OF the gold standard will command
almost the entire German vote, regard
less OF party affiliations.
The Gcrman-Amcricln Sound Money
League recognizes the following fnCtS ny
established by history. experience and eel
ence:
!. That commerce and Industry require
one standard OF exchange.
>. That the government stamp upon coin
or paper does not impart any intrinsic
value TO them, but converts them merely
into an instrument Of convenience.
3. That the value OF money consists In
Its purchasing power.
l. That the issue by the government of
money which In the markets or the world
Is not accepted for Its face value is IL
robbery committed by the government
against everybody who is forced to accept
said money Mt Its face value. unless the
government Is ready and able To redeem
II at Its pretended value
The league holds also the following
views:
8. The free coinage OF silver would he
such robbery. because sixteen grains OF
silver are worth only 81 cents In gold,
the coin mctnl OF the civilized world.
G. That the prevailing low prices OF COM
mOdltics are not due to the decentralization
of silver, but to inventions and improved
processes, which have Chcapcncd and
Qulckencd production In all branches OF
agriculture and industry. silver mining
not excepted.
:. That gold has not appreciated. but
has merely remained stable.
S. That free coinage OF silver would be
Increase the value OF silver. because the
greater demand for II will continue and
expand Its Over-prOduCtion.
.. Tint the ruinouS consequences OF FREQ
coinage would fall most disastrously upon
the work!rgmGn and the farmers, whose
earnings would certainly be decreased.
unless they could exact for their labor
and products s. where they now receive
81. They also would fnll severely upon
persons wholly or partly dependent upon
fixed Incomes from pensions, savings
banks. loan societies. etc.
70. That free coinage OF silver would be
contrary to the teachings OF Thomns
jefferson. the founder OF the Democratic
party, and. helng. principally demanded
for the benefit OF tho silver miner, II
would also be contrary to the tcnctS OF
the Democratic party that the government
has no right TO use the taxing power OF
the country for the benefit OF special
classes.
II. Tint free coinage OF silver would
cause n business panic IN this country
more disastrous In Its consequences than
any the world has ever seen before.
In conclusion we would respectfully nsk
YOU to consider whether the wnGC and
Snlary cnrncrS of the country, being Il
majority Of the voters. can be expected
10 support n party and candidate advo-
eating: the free coinage OF silver, NJ soon
as they recognize that free coinage OF sill
Yer would reduce the purchasing power OF
their earnings RI per cent?
They will most assurcdly he enlightened
upon this subject during the campaign.
WILLIAM STElNWAY. President.
EDWARD CROSSE. Secretary.