The Manning times. [volume] (Manning, Clarendon County, S.C.) 1884-current, 1896-09-09
Called the Wrong Wieness.

Prof. Otto Arendt's statement pub
lished recently in the New York Jour-
nal hits the gold standard advocates
square blow between the eyes. They
always masquerade as being in favor
of international bimetallism, which
they claim could only be secured by
international agreement among the
leading nations of the world. So fond
have they been of quoting DR.. Arendt
as stanch upholder of their views
that they have lauded him to the skies.
and have held him before the country
as the one great authority on bimetal-
lism before whom they bent in adora-
ton and whose word was final on the
whole subject.
Now, too late, they learn that ne is
strong advoc ate Of free coinage on
the part of the United States as the one
measure sure to force the hands OF Eu
ropes money kings from the throat of
silver. What course they c4n pursue
to back water from the brink OF the
logical Niagara before them cannot be
imagined. The Democratic leader
are swift to see the advantage before
them. DIR. Arendt's mastery analysis
of the situation will be sent t. every
part of the United States as cam
paign document, in both English and
German. The Washington POST, a
stanch gold paper, bat one givea to
puucturing sham arguments and false
logic, reprints DR.. Ar4ndts article III
ep Il with on oditorio cnDn mani
so much has been said about the
opinions and utterances, of DR.. Arendt,
the famous German writer on fnancs,"
says the editorial, 'tthat it occurs to
US to reprint in the Post this morning
the full text OF letter he has just
written to the New York Journal.
His worldwide reputation as student
OF the question, his brilliant attain
ments, his profound and varied intor-
nation, all conspire to lend peculiar
interest to this product Of his pen.
Mr.. Whitney has quoted him il refu-
tation Of the free coinage heresy. The
gold standard newspapers delight IN
falling back upon him as the most po-
tent destroyer of the silve" fallacy.
Republican and assistant Republican
speakers use him stock for their
more or less inspired outbursts. Now,
it viii be as well to see what Dr..
Arendt has TO say for. himself.
"Of course, we are all bimetallists.
Mr.. Whitney, Mr. Belmont, Mr.. Pier
pont Morgan-all the really impor-
tant leaders of the antiBryan move
| ment, declared with fearful fervort that
bimetallism is the one dream of their
lives, the dearest and the sweetest
thought they harbor. What they
writhe under, however-what tortures
their unsel6sh souis-isthe knowledge
that the United States cannot under
take bimetallism alone without caasing
ruin to ..,e noble workingmen and
spreading penury among the dearly
beloved masses. Otherwise, the Bel,
monts, the Morgans, the Rothchilds,
the Bleichroders, the Lizards, the
Ickelheimers, and all the rest OF them
would welcome bimetailism with a.,
ecstasy too deep for words Bu. it's
not possible. Ask DR.. Arendt; don't
believe us, if you don't want to2 they
say. 60 and ask scientists like DR..
Arendt, who have made the subject
the study of their lives
And so, at last, somebody has ask
ed DR.. Arendt, and the professor'sre-
ply is given in full elsewhere IN this
edition of the Post. We have adVo-
Gated the gold standard, not because
England or any other nation has
adopted it, but because we consider IL
as the best standard for ourselves, and
because we tear the etf=c! OF free and
Unlimited silver coinage uoon our do
nestle welfare. Dr.. Arendt's views,
therefore, are Of no grers Consequence,
| to us, but are given to the public simply
in accordance with our settled policy
of presenting facts to our readers, au
tagonizing psrversions and fallacles
and castiga ting humbugs aud sharp
ers wherever we may ind them. Dt.
Arendt says that free coinage by the
United States will force bimetallisa.
upon Europe. He predicts an inter
national agreement as the result of
Bryan's election and halls that consum-
nation as the vanguard cfunlversaI
prosperity and peace"