Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-08-27

while his American victim goes to ruin.
When once il becomes fully understood
In London that Bryan IL bound 10 enact
the free silver coinage, without the per-
mission OF the Stock Exchange, Will not
the fear OF the decrease OF American
values bring about the ciiy's conversion
Then Balfsur will follow his bimetaliic
convictions. and In that case all Europe
is conquered.
1t Is sclf-evident that the American
people desire to be as independent OF the
manipulators OF the bourses OF New York
and Chicago as they must be absolutely
free OF the conditions that govern specu-
latiOn in Berlin and London. So-caled
silver fanatcism. OF which we hear 50
much. IS really but protest against
shady bourse manipuiations that threaten
the small man year In and year out.
THE REMEDY.
The American silver party. II ii means
10 do its full duty. must not be content
TO break the gold monopoly. but must
also put an end TO the fluctuations OF
the value OF silver This should be ac-
complished as 70 lows: Immediately
after Bryan assumes his Office, the Gov
eminent OF the United states should ask
the Powers OF Europe whether they desire
mutual understanding with reference
10 free coinage The Powers VIII not be
long in formulating requests and sub
hitting propositions by whose adoption
all contracting parties VIII gain. Thus II
may come about that international BIZ
metallsm and the best possible solution
Of the financial and economical problems
OF the DAY will be the ultimate results OF
Bryan's and the peoples victory.
But how viii II be should Mckinley be
elected? Nothing could act more disas-
trOusly on the American standard. Only
Bryan can save the American standard By
an international understanding.
The honest money party overlooks the
fact that the present American standard
is endangered more by causes emanatlng
IRON itself than by Bryan 1t is true
that The banks are just now heaping up
the coin of the Treasury. and. contrary
TO their usual ways. without compensa-
ton.
This may proceed for some time, but
should Mckinley be well installed. they
WI remember the nice little profits of
the Cleveland bond issues. and get
even"
Does any one believe that Wall street
gives up its gold so unselfshly? The aim
Is TO keep up the single standard, for,
should November pronounce its doom. sill
Yer would. as money. be decidedly sound
or' than paper with a gold premium.
How will Mckinley seek to combat the
chronic standard crisis? With a prOtec-
tive tariff?
PROTECTION.
In case protective tariff shall be en-
forced the income of the government will
be lessened. since the imports will be re-
duced. Look. then also. as under Cleve-
land, for another syndicate which will be
asked 20 play the guardian angel role
over the standard. and the American peo-
pie will contribute more millions for the
redemption Of currency, thus playing into
the hands Of the money-lenders and low
ering the prices OF all products.
Bryan has money programme. but how
is McKinley's? With the simple promise
10 maintain the gold value Of the standard
nothing can be effected. BY what means
can this be done? Mckinley and his party
must confess that the only means ac-
ceptable 10 the American people would be
international bimetallism.
The sound-mOney party. therefore, can
not save the gold standard. If Mckinley
be victorious il is doomed. Unless his
prohibitive tariff bugaboo will bring Eu-
rope TO terms with US, the alternative IS
Mckinley tariff or Bryan free silver. IL
America II is Mckinley coercion or Bryan
silver. "Incldit in Scylam qui vult evitare
Charybdin."
This is silver S revenge!
1t is really edifyng 10 see how our
European capitalistic free trade and gold
press raves over the arch tariff fiend Nc
Kinley. You see on this side OF the At
lantic the silver question is recognized as
paramount by capitalism. On the other
hand. Mr.. Bryan has the sympathies Of
the producing classes Of all European
lands In this campaign.
You are fighting the battle Of labor
against the bourse. the battle of the farm
er against the Spectator.
The victory of Bryan will be the begin
ming of the peaceful solution Of the social
questions. not through Utopian revolution
airy schemes, but through healthy eco
nomic policy for the maintenance and
strengthening Of the working and pro-
ducing classes. OTTO ARENDT.