The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-10-22
THE ATTITUDE OF ARENDT
Speaks in Terms Which Can Not BE
Misunderstood.
THE JOURNAL LETTER WAS GENUINE
Thought Both rar,ies Would Favor Inter
nationsl Bin~isilism go But Re
publicaps Surr~odered.

the DISTINGUISHED English himetallst. had
conference with Mr. Otto Arendt the dts
,inguished German biuetalist. who recent
~ declared. through the New York Journal
that the independent action OF this country
in adopting free coinage would have a
marked effect in forcing international ac-
lion.
After leaving Buda Ftsth Mr. Fre"rn
wrote ont his interview with Herr Areudt
and mailed y, to the latter for revision.
MIR Frewen left London less than
month ago for America and is now in Chi
cago. He received this morning a commun-
ication from Herr Arendt inclosing the lat
ters revision Of the Buda Pesth interview,
which is as follows
ARENDT STATES HIS POSITION.
How do you explain that you wrote in
The North American Review in opposition
to free silver. and but recently in the New
York journal in support OF Mr Bryan r.
II am glad YOU ask me the question be
cause numerous letters from the United
States prove to nc that my attitude was
not understood on the other side At least
a dozen correspondents think that the
wicked slvertes have committed for
gerry and that the letter in the journal was
never written by NE at all This is par
ticularly the case with those who have
seen only extracts. My position ia this:
Last spring hoped and believed that while
both parties would declare against free sill
yer, both would be for energetic action IN
favor OF International himetalllsm as
| -
party would particularly favor such action.
and nat at the St Louis convention the
| idea OF Senator Cameron and Speaker Reed
would be included In the platform. namely
| that by combination of the currency and
tarin issues there would be offered more
| favorable tariff to such nations as would
open their minis 10 the free coinage OF
both the metals But instead OF this the
REPUBLICAN party. at st. LOUIS. surrendered
absolutely to pressure from Wall street
Thus bimetalism received deadly blow,
and the single gold standard was specincal-
| ~ indOrsed. with only some meaningless
Nerbisge as TO something to be done when
other nations were ready to do il. The 81
! Louis action as we over here view 1t. was
d radically fresh departure. and as such IT
has been hailed with delight by the pro-
tessional monometallist press OF New York
/ by such papers as the sun and the Post.
! II represents the very worst elements of
reaction-the old absurd determination to
| do nothing without England This is the
! stock argument of the men / Eurone Who
want gold monopolsm- OF the men
VINO desire any form OF currency reform
Louis nlatforn' is r.,n,i 49,, 'maI ~. 81.
for this reason Those who constructed i,
are the men who would decline emphati
'al'F TO 40 anything unless England did
titude Of the United states -, 10 ,i,on.'
NJ hn
resentatiVeS decldrd that himetallism With
was all mai was reonired I-n Ind ~, '1' IVY
Irircur,st,r,. 49, -. - ~
timetable nolicv IN no ,rni,os 10y H.. ,,s
Mckinney as rrosidsr, i ,,ns, 80 w"
prohablc Tho New yor,, n,o,n, -, r.,'
which suon,iss his car,,,airr 800 ~.
mand in return cold noI1rvon M nrtn
ciple TO the ytctors belonr tho sn,it. .
Presently vopr farmers IN ,,,ari
after ali thev aro tho hacl,hn,o -, , ''"i
nation. win have TOO I,,tIa I,f, . . N,t,
this spoils nolicv anv Iopcsr. ,nd 49,
through dentb NJ snnerine ro Snr 'n ,.,i;
come"
WHY ur Uo1rr n c,,ppopr nr
-" ~ ''ttoh bhl an
20 mat, Or. Arendt. II Ia your view that
while free silver is less desirable than A
wide hinetalIic union 20, thar i, DC ,...o,.
OWL ,b., ,....
f so'n S'ahhard
-""''iN' snoulu vote Tor Mr.. Bryan
were | in America. because regard the
alliance Of Wall stree, aud ,,ot,,n,a,
,,o,,, '"O'>'''''' ON
'"'NS VI great ulsds'er impending. The
Issue is not so much for or against free
silver as for or against fresh exploita-
ton OF the people By the larger capitalist
class
Ana continued DR. Arendt, while |
expect nothing in the way of bimetalism
from Mckinley. think that Bryans VIC
Tory must keep International bmetallism
par,t ne ann Snon.n SILVER rise to the
solved should silver co,,,n'' n,op' EN-, Is
it will, TO fluctuatc around some poipt
conslneraniy below the parity, then the
,,,t,,n, ,., NJ ~ Europe' me gold pre-
! nor,. ,o,',' e' w an 'hat EUROPE eN
M, 80, 1910, ",' ne so formidable
rono ~, noi .o,, WI De secured IN Eu-
',ng w puesl,oh forever
n, ,,nh. Ia -" ~" ,nlhs OF the methods
"Tborn un "o'" sues
| '"''N' ah"iu, llnu n strong argument