The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-07-22

| producers of wealth are not receiving
| fair and proper compensation for their
! labor. whether in field, factory, or
| mine: enterprise has ceased values
are constantly declining; labor is I'm.
| employed; discomfort and distress pre-
/ vail to an extent never before known
| in the history of this country, and no
| reason can be found for such an I'M
| happy condition. save in vicious mon
| etray system.
! Those who profess to deplOre the
| present financial condition and oppose
| the free coinage of silver are divided in
| their opinion as to the present cause
| of the present condition. Some declare
| that it is because we have too much
| tariff, others that we have not enough,
while the fact exists that every gold
| standard country in the world, wheth-
| er it has high or low tralff, is now,
and has been during recent years, in
the throes of financial panic, and ev-
| cry silver standard country, compared
| with it's former condition, is enjoying
| an industrial development and degree
| of prosperity hitherto unknown in its
| history.
while thus differing in opinion,
| they unite in asserting that the gold
| foreign countries shall signify theirwil-
| lingness that the American people shall
exercise the rights of free men and
create financial system of their own.
| If we overlook the humiliation and
degradation we must feel on account
| of such dependency, we may well in
quire when the consent of the leading
commercial nations will be obtained.
| INTERNATIONAL BI-METALLISM.
"No one who has read the proceed
| ings of the three international mon
| etary conferences that have already
been held, or who examined the prac
| tical propositions presented at these
conferences, can for a moment believe
| that any international bi-metallic
agreement can ever be made with the
consent of all the leading commercial
nations OF the world When will
| Great Britain. controlled as she is and
| ever will be by the creditor classes.
who collect vast sums of money for
| interest. who buy of us annually many
more millions than she sells to us. and
whose interests it is to make the pound
sterling purchase as much of our pro-
| duct as possible, consent that we shall
| be financially independent, as we are
| supposed to be politically independents
| When did the creditor classs of Great
| Britain ever give up, or i'm any way
| yield an advantage such as they now
| possess through the maintenance OF
| the gold standard?
There is no hope for international
| bi-metallism until the United States
| shall establish bi-metallism for itself,
| and when that is done international
| bi-metallism may be secured without
| the consent of Great Britain. The
| United States. on other subjects of leg
islation, acts Independently of any
other nation on earth. BY what pro-
| cess of reasoning is its right, authority,
| or ability to legislate upon this, the
| most important subject with which il
| has to deal, questioned or denied?
| with a nation equal i'm wealth and
| power to one-fourth of the world Il
| is c0wardly to say that we must ask
| the permission of Great Britain to es-
| tabliSh and maintain a financial policy
| of our own. Believing, as we do. that
| a return to the monetary system espe-
| c.ally recognized i'm the Constitution
and completely provided for by law
/ from 1892 TO 1873, affords the only
| ground of hope for the betterment Of
! the distressed condition of all classes,
| except those who live by the increment
| that money loaned gives those who
| loan it. we appeal to all classes 10 rally
| TO the support of the only candidates
| whose success indicates any hope Of
| relief.
GOLD STANDARD SUFFERERS.
LET the merchant and business man
whose dwindling and lessened portits
have, despite his care and economy,
brought him face to face with pros
| pectiye bankruptcy and ruin; the pro-
fessional man, whose best efforts
scarcely afford him compensation for
his labor alone; the farmer, the con-
tinually falling prices of whose pro-
ducts have left him no returns for cap
ital invested and work performed; and
last, but not least, let the grand army
of laboring men, so-called, the artisan,
THE mechanic, the miner, and every
one who depends upon his daily labor
for his daily bread, look about him
,,a onser 20 the great number of those
Who tainly seek for :. chance to work
upon the great army Of enforced
oilers and one and all resolve to try,
not an experiment (for bi-metallism is
not an experiment., but rather re-
turn to a policy, that throughout the
vicissitude or our nations infancy,
through the internecine struggle of its
manhood, kept us a great free and
prosperous nation, in which labor was
| not only respected and employed, but
| was so compensated that want and dis
| tress such as now weigh upon us was
| unknown.
"Let the lesson of poverty, too re-
| cent and too plain to be gainsaid or
| denied, be needed, and let there be
no fear that system that so wonder
fully protected labor, developed bust
ness enterprises, and secured to the
| nation a contented and prosperous peo-
| pie in the past will do aught but bring
to us a return of like prosperity, the
| predictions of disaster of our oppo-
| nents to the contrary notwithstand-
ing.
MR.. BRYAN A FIT CANDIDATE.
SIN Mr.. Bryan the Chicago conven-
ton placed at the head of its ticket a
gentleman of exceptional ability and