The Kimball graphic. (Kimball, Brule County, Dakota [S.D.]) 1883-1905, 1896-05-02
|ALTGELD ANSWERS CARLISLE
Tells the Old Story About the
Secretary's Change.
The Illinois Governor Says all the
Awful Things Predicted by
Carlisle Ina 1878 Have
Come TO Pass.

Springfield. ILL.,, April 25.-Governori
Altgeld has written al open letter in
reply to the speech on the money
question recently delivered in Chicago
by Secretary Carlisle. He begins by
quoting from Mr.. Carlisle's statement
In 1878, in which the latter declared that
the characterization of silver, which he
characterized as u conspiracy, would
ultimately entail more misery upon the
human race than all the wars. pesti-
tence and famines that ever occurred"
Comm enting upon this Governor Alt
| geld says:
His awful predictions made in 1878,
came to pass. lie not only saw his own
%prophesy fulfilled. but he saw the mis-
cry of his country become eNen greater
than he a predicted. Finding that
his views had been correct. he continued
TO hold them until he entered Mr.. Cleve-
lands cabinet, when In some mysterious
manner. there was a change of heart,
but for some reason he seems unwilling
to talk about 1t. There are two other
members of the cabinet-Hoke Smith of
Georgia, and Herbert of Alabama-who
like Carlisle. had used their voices for
nearly a lifetime demanding the resto-
ration of silver. and denouncing the
great conspiracy that struck it down.
and, strange to say, when these w men
entered Cleveland's cabinet. they under
went a change of heart, and like Car
Isle, they avoid talking about 1t. Why
did not Carlisle brow q little light on
this question? .
"All these men now denounce the peo-
pie who are opposed to the single gold
standard as scoundrels and lunatics;
yet they are only following the doc
trines which Carlisle & Co. preached
Are we to infer that Mr.. Carlisle and
his two cabinet associates were scound-,
rels and lunatics until they got to be
gold men, and that the tinsel of a cab
met position not only made them hon.
est, but gave them brains? Carlisle
should have told u.s."
Governor Altgeld then enumerates
several questions which he says Carlisle
should have answered, among them tn S:
why 1t was that for 200 years, gold
and silver held the market ratio Of
about 15h to ], while the ratio fixed by!
law was 15 to l In some countries. 1871 to-
] In most countries, and. for awhile. 16
to in our country; why it was that, in.
every country where silver was strick-
ell down, It was done by the arbitrary,
act of the government and that neither
| AAoA Aao MA 1ilkAA W
do with 1t? AS there cannot b a gen.
eral rise in prices without an increase
In the volume of money, must not the
present paralysis and stagnatlon con-
tinue until the volume of money is again
restored to what it was before silver
was stricken down?'
Referring to the recent bond Issues,
Governor Altgeld charges that the
president enabled a friend and former
client. In association with some fellow
spectators, to make 50. 200, 900 to &c.
ooo,0 600 out of h government in a few
weeks in q small bond transaction UNI,
der the pretext that 9TH sharks of
Wall street had agreed to protect the
government against gold raids ntil
the following November. That Is, the
wealthiest, the most enterprising, the
most powerful, the most Industrious
and the most thrifty nation on the globe
paid tribute to q small band Of specula-
tors for protection"