Middlebury register. (Middlebury, Vt.) 1886-1937, 1896-09-04
THE REPUBLICAN AND DEMOCRATIC
PARTIES AND BlMETALLISM.

HE REPUBLICAN AND OEMCCRAl lC
PARTIES AND BiMETALLISM.
We called attention last week to the
interview with Mr. Hanna, manager of
Mr.. McKinleys campaign, in which MIR.
Hanna declares himself a bimetalist and
saws. as the REGISTER has always main
tained, that the great majority of repub-
licans are bimetallists, and that the west
ern farmers almost 70 a man are bimetal-
lists. 1t follows that the only difference
on this issue-the principal one Of the
campaign-between the republicans who
support Mr.. Mckinley and that part of
the democracy or others who favor Mr..
Bryan is in the method by which bimet-
allism shall be accomplished. As we
remarked last week, this is not great
difference, and it is hardly possible that
parties separated by so narrow a margin
can be long kept apart on this issue.
Mr.. Mckinley, rejecting this sentiment
of Mr.. Hanna, states in his letter of ac-
ceptance that if elected he will at once
with earnestness take measures to obtain
international bimetalism. 1t has always
seemed and is still most probable that
any serious effort made by the United
States for bimetallism would soon lead
to its adoption by all the principal Euro
pean nations except England, and this
unquestionably would result in its re-es-
tablishment as previous to 1873, when it
was maintained by France, Germany and
other smaller European nations, together
with 1.-THE United States, England and
Portugal alone having the gold standard.
This position of the republican party
in relation ito bimetallism may lead to
the ultimate solution of the whole ques-
ton, especially under the leadership of
Mr.. Mckinley, who, it is understood, has
always been and undoubtedly is yet alto
gether friendly to the double standard.
As has been repeatedly stated in this
journal, the only object of the double
standard is-tO Increase the volume of the
worlds money,-lt being accepted that
the world will continue to use metallic
money for redemption purposes. \ suf
fcient volume of money is absolutely
necessary to sustain prices, so that labor
may get fair reward, or, indeed, to a
large extent get any reward at all. And
when, as now, the world suffers from
long-cOntinued and general falling prices.
causing the cessation or diminutiOn of a
large part of its business. we may be
certain that the difficulty is an made
quate volume of money, for in no other
way can such condition be accounted
for. 1t is equally certain, too that the
conditions will continue until the, proper
remedy is applied.
We are led at this time to refer again
to the position of republicans as regards
bimetallism by the following speech of
DR.. William Everett of Quincy, Mass, at
the convention of the so-called demo-
cratic reform organization at Syracuse,
n. Y, August 81. Or. Everett, who is
an ex-member of congress, said;
appear this afternoon as the advance
guard of a Massachusetts delegation
which will pass through this city to-
night on its way to Indianapolis. We
are going to stand for the union, the
whole union and nothing but the union
(applause). We are going to stand to-
gether for the only real sound money
and that is the gold-standard first, last
and all the time (applause). We have
no intention of coquetuing with any in
ternational bimetallism. Why should
YOU talk about an international agree
ment for the use of silver when all the
nations of the world whose opinions are
worth taking have already come
TO an international agreement on the
gold standard? We are going to work
against the reputation of debts and for
honest dealing everywhere. Sir, the con-
vention at indianapolis is going to es-
tablish a great principle. 1t is going to
Law the foundation of the great future
party of the United States (applause).
We do not propose to be tossed back any
longer from right to left and left toI
right and from convention to convention
(applause), but in the name of the people
we are going to nominate our own can
didates and, let me tell you, they are
going to carry more States than our en-
emies at present are willing to admit
(applause), and, sir, we are going TO
stand up for honesty, for firmness and
for the national credit as manifested In a
person. We are going to declare our
satisfaction with and confidence in the
administration of New YOrk's great
president, Grover Cleveland tremendous
applause and cheering). We are going to
express confidence In that man who,
when the anarchists of Illinois were
threatening to destroy the peace and
commerce of the country, turned TO a
Massachusetts attorney general and drew