New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-08-28
on THE OTHER HAND.

r. how. er the silver dollar is not intended TO be
kept on q parity OF value with IA" gold dollar. then
what Is the result The mine-Owuer has - cents
worth Of silver stamped zone dollar But he can
not use it as the equivalent OF gold dollar. eNcrp
10 a very limited extent He can. il his silver
dollar is made a lcgal-,end pay of dollar Of
Indebtedness incurred on gold basis mat Is II ne
f. dishonest enough 20 take such An advantage
But he cannot buy dollars worth Of goods with
IL. The merchant viii charge him prices based on
gold currency. lie cannot take his silver dollar
and buy ii postal order on Germany. or France. or
Englhnd' or ltay for an QUA humhtr OF doIlar-
In gold. He can get only hair as many dollars IN
gold he has silver dollars. They wont take
silver dollars In Europe.
They talk with fine phrase ard swelling concelt
Of the ability OF the United states to maintain a
monetary system without regard to the action or
system OF any other nations. independence l. a mn"
thing. 1t IS an inspiring word. calculated Ike
crowns OF thorns and gold crosses TO arouse emo
tiOns Of tremendous vcheinence IN tn" bosoms Of
the ignorant and hysterlcaL But when. since
by white men. occupied only By the savage Indian.
who's coin was WamPum ana whose trade was
chiefly in the scalps OF ms enemies when, since
then. has America I'm any commercial or business
sense been independent Of the rest OF the world?
lndependent IN government: IN internal regnIa-
lions In domestic law. happily we are But there
are fundamental laws of trade and intercourse
arising from no enactment Of any parliament or
nations. bat out OF the very nature of things.
which are AS obligatory as the laws Of the Al
mighty. and canno be ignored or broken without
loss and punishment. What is that great
merce that stirs the waters OF the seas with IT'S
ships. fetching the wares OF the world 10 ports
and carrying out again the products OF American
farms and factories. except demonstration Of our
dependence upon the trade Of the world?
The capital Of Europe has been lent to us with
free hand and in good farm to build our roads to
Without that capital would have been ham
pered and retarded in our marvellous development
Are "" independent of these benehccn. debts?
Suppose the lenders call in their loans.
II used TO be thought II was good thing to ex
tend the trade and commerce of our country. 10
reach further and further wider and wider 30
court commercial alliances. to make treaties for
reciprocal advantage in trade with the peoples of
the world.
WESTWARD THE STAR OF WISDOM
So thought Hamilton and jefferson, Webster and
Calhoun: so thought james c. Blaine and William
Mckinley. But it seems they all have been wrong
Business sense. commercial! intelligence. financial
wisdom. longer are found among merchants. or
bankers. or importers. or exporters, or men Of af
fairs. When The star of empirc took is way west
ward Of the Mississippi. II took the light Of bust
ness intelligence with H. and now, according to Mr.
shallow waters Of tn River Platte. upon the farms
Of Western Kansas. among the boomers Of Okla
homa. in tho mining camps OF far Idaho and Ne
vada. where people are scarce but silver abcunds.
ourselves The greater our trade with the rest Of
tho world. the moro PROSPEROUS this country VIII
must conform 10 the game laws of trade which
they observe. When We buy OF them. we must pay
dance 70 supply our deficiency Of capital we must
repay in coin as good ~ wnat We srt hnuseH, me
coed in America business honor. good faith and
Integrity are laws OF universal application imposed
by he conscience OF tho civilized world. Nations
may violate them. but they cannot escape the pen
atty that NatioTal perhdy deserves
Is II naught that America should nave earned
End received such noble tribute 10 her work and
vcrth in tho elevation Of the principles OF nterna-
ticnal intercourse was paid 10 her week ago
lev the Lord chief Justice OF England? Americans
are not nscnsibe Of the good opinion OF the rest
OF The world though Mr. Bryan would try TO make
AN APPEAL TO HISTORY.
The Chicago platform demands the free and un-
nv he "A
the ratio Of Is to without reference to the ac-
zion OF any other nation. and without regard to
what the increase I'm production Of silver may be
In the future. That is demand for free coinage
wit bout regard to the relative value of silver as
COMPARED with gold Such principle of coinage
Is in opposition to the opinion and teaching OF
every prominent statesman o. the Republic from
the DAVIS OF Washington down to the time when
lie hnnnnza klngs bean 70 dcyelop th.lr mnfold