The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-09-10
THE "G.,IP OF GOLD"
Tho London Financial News Artic

snow 10 ne a
No SINCE publication OF the silver syn
dlcat= aaS attracted so much attention
as leAl.eI emitted, The Grip o. Gola.
which parpoEts 10 give q quotation from
The London Financial News OF March H.
1886. expressing the opinion thai me adop-
ton OF free coinage OF silver IL lie Cni,e4
States would be Instantaneous 70 Eng
land and he.pf.l 10 the trade and basil
ness OF this country.
Millions OF copies Of this document nave
been spread broadcast by the organization
which Is nov protesting 10 De pennless
and unable 10 put legitimate arguments
before the people.
The article. which is entitled THE Grip
OF God" begins as follows: London.
March 10. 1895 The London Financial
News says. The financial situation IN the
United States is very serious" II then
proceeds 20 say that while the trade OF
the world IS nov in Tie hands Of England.
II would not remain 50 Il the United STATES
should adopt the free and unlimited coin
age OF silver. that rates Of interest would
fall IN this country. business revive. and
the United States would capture the blsl-
ness OF the world. Il closes by saying
When that issue comes before the peop.e,
England Will regret her apathy and sd-
herence 10 the single god standard"
The absolute !alsity OF the entire state
ment is shown by the following editorial
taken from the London Financial News
OF August i2, 1895:
we have received numerous letters
from American correspondents. containing
what pGrports TO De editorials from the
London Financial News, and which have
been reprinted IN various Western papers
as campaign literature One Omaha pa
per prints an article stating that tx Is from
the London Financial News, OF March 10.
No such article was ever printed by US,
and It's whole tenor IS directly opposed 20
the view we have taken Of the effect 81
free silver in the United States So far
from advocating free silver coinage We
have persis;sntly pointed cut that Il spells
reputation and the withdrawal or all En-
sish capital"
The same paper in It's issue OF the fol
lowing day. August "A. says:
1T Is not surprising that the American
market improved yesterday. for more
wretched manifesto than that OF the boy
orator could scarcely be conceived. M
Bryan by his speech at the Madison Square
Garden convlcts himself either OF astouad-
ing igncranc. or OF 4 wiNsul perversian OF
the truth To tel an intelligent audience
that me free coinage OF silver by the
United States alone would raise the bullion
value Of silver 70 tts coinage value. and
make silver bullion worth s. g per ounce
In goli throughout the world. Is an sTnaz-
irE statement ~or a man TO make who Is
tnN tsTHiGatc Tor TIC HtFSt4FiAt @- 4 EtSfk
country, AS Mr.. BRYAN -, presumably,
no. wholly uneducsted. he must know that
rs statement. which even the most Taod
hs-rnetallist can not swallow. is absolutely
opposed 70 the truth. but whether he IL
only grossly ignorant or az u1scrup uioIs
rascal holding ont lrnposs rs hoDss 10 has
shown ny ;his one speech how completely
urfttn3 he IS 20 hecotr- me head OF the
govern rne1t - The reCv hlf~."
THE campaign ~ deception ans forgery
has begun unusually early this wear
Fortunately n this case the facts
are discovered In tine TO permit
me peon,s - understand that a
Deliberate attempt has been made
- rli<'s.. srt deceive them ~ fhis FER
EArv Voters WI scarcely place much re-
rance uron literature" Of THIS charac-
to-. OF that which emaastes trom such
s0rrcs