The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1896-11-30
BIMETALLISM NEEDED.
Senator chandler Declares That
1t Must Soon Come.
OPPOSED TO THE GOLD STANDARD
The Recent Election, Declares New Hamp-
shire's Republican Senator, Proved That
the Silver Question Is Not Dead-Four-

Ahe hecent ElectlOn, DeclareB new hamp-
shire's Republican Senator, Proved That
the Silver Question Is Not Desd-Four-
Afths Favor International BlmetalIism.
WASHINGTON, Nov. 8O.-The Post, in a
cable letter from London, prints advance
copy of an important article written by
Hon. William H. Chandler, Senator from
New Hampshire, for the December issue
of The National Review, the conservative
monthly, in which he discusses the late
election from the Republican standpoint.
His principal object is to encourage Euro
pean bimetallists to continue their prop.
uganda.
The Review, commenting editorially
upon the election of Major Mckinley dog
matically asserts that "unless the Repub-
hcan party settles the silver question be-
fore 1900 there will be nothing left of that
party after 1900"
Senator Chambers article is in part as
follows:
European bimetallists need not believe
that the selection of Mckinley and Ho-
bart by overwhelming majorities is de-
cision to permanently secede to the single
gold standard. The Bryan proposition
was soon seen by the American voters to
be simply that the United States should
adopt silver monometallism should de-
liberately give up all attempts to keep
gold and silver at parity; should send
gold to premium and thereby mako II
merchandise merely, and should base all
American prices on silver only. 1t can
hardly be considered upon reflection by
any true bimetallist that such action on
our part would have helped the cause of
bimctallism in any country Of the world.
ut is true that the Bryanites called
themselves bimetallists, and that Mr..
Bryan in his recent cutlery from his tenn.
porary political entombment addresses
not the Democrats, nor the Populists, nor
the people, but the 'bimetallists. This,
however, Is sheer affectation. No Bryan
orator or writer has seriously denied that
the adoption Of this policy-the imme-
diate unlimited free coinage of silver by
the United States-would send gold to
premium and keep it there for any def
mite period. Surely that would be silver
monometallism, and can it be contended
that silver recommendation is any better
stepping stone to bimetallism than gold
monometallismp had supposed that it
was generally agreed by thoughtful and
rational bimetallists everywhere that it
would not help, but rather hinder the
cause of bimetallism for the United States
to leap at once to free silver coinage.
conservative people-and America has
more conservatism than Europeans think
were alarmed at the character Of the
followers Of Mr. Bryan, and at their doc
trines additional to the one favoring free
silver coinage. All the socialists, anarch-
lists and wild men of society whom Europe
has sent us worked for Bryan, although
the great bulk of our adopted citizens
voted for Mckinley. The platform seemed
to countenance rioting as q means of re-
dress of grievances, and 1t made one of its
planks reconstruction of the supreme
court in order to change legal decision.
"a majority of the American people
wish q more energetic foreign policy than
they would believe would come from any
administration named Democratic. They
are deeply affected by the lamentable con-
dition of the Christian subjects of tho
Turkish empire They mean to annex
Hawaii. They desire to see Venezuela al
lowed to retain her rightful sole dominion
over the mouths of the Orinoco. They
are intensely anxious to see arrested the
atrocities in Cuba, and to aid in making
the island free and independent.
"But none Of the foregoing arguments
Influenced SO many voters against Mr..
Bryan as did the determination Of the |
American people to plainly vindicate and
firmly establish tho principle of protec-
ton to American industries by adequate
tariff duties on foreign products
hot tba Init IN 10 IN,
the single gold standard and is in favor of |
in due course and with careful
regard to the national honor the steps |
taken in the decentralization of silver until
both gold and silver shall be admitted to
free coinage at the ratio Of 1515 to !, and
made the standard money of the world,
and the measure of values Of the worlds |
q proposition which would receive the suf- |
frages of four-1fths of our voters, If this |
alone could be fairly pre-
sented to them, even without further do |
bato.
"To such convictions entertained by |
vast majority of American voters COM
mitted to bimetallism, the friends of such
D monetary system may confidently ap-
peal The question is not of four years,
nor yet of decade. 1t may take as long
TO remonetize silver as 1t has taken to
realize the paralyzing influence of de-
But the fact that 100000
out of 100000 of American voters have
given their ballots for the wild project Of
free coinage of silver by the
United States alone shows that the ques-
lion is one which must be compromised
md adjusted in some way
1.-THE advocates of gold recommendation