Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1896-03-20

ANEh 1 VI ~ 4hhiAA ~ Va > i'HAlAibtAAf
Is Il partner in the firm that represents
the Rothschilds In This country. lie rs
nomlnally a Democrat, and was IN
0ppOEtee OF Clcyel4n3's first admin
istration. lie has been interviewed on
tile subject OF the financial planks OF
the Allison and Mckinley platforms as
adopted by Iowa 1nd Ohio and great
Interest attaches To his Views, as rep
resenting the greatest mOpiel influence
OF the world. They are taken as an
indication that the Cleveland faction
VIII cndeavor 90 have tho Democratic
National convention adopt stalwurt
gold platform, with silver lert out al
together
OF the Allison and Mckinley plat
a. mere declaration Of the opinions that
Senator Allison had held In the past;
that he had beer favorable favor
abll-to what he. Allison. calls "tfue
bim .tnllism." that DO had O, al times
lahcrcl to maintain an abundant cur
reucy OF gold, silver and paper. made
lntcreouvertible. ana that he had de-
man1ed for 1.-THE business OF the nation
n currency equitable and stable"
Nothing Is Indicated In regard 20
his present opinions" Mr. Belmont
said. III II be said TINT we estimate
his future purposes by his past acts,
we shnll stln be IN the dark. What Is
which he has been merely favorable"
Mr.. Carnuschf invented ,be word. Docs
senator Aniscn accept Cernuschrs
definition Of his own worl2 The esgen-
thai requisites Of blmotallism. as rormu-
lated BY our coinage lgw or iT92. were,
first, open mints for cyorybody's gold
and silver alike; second, IA fixed ratio
OF Weights: third. unlimited legal ten
der fof each coin. whether gold or sill
vcr. Does Senator Allison 'fnyor5 thotg
To-day we have only partial bimeNl-
Ism IN our country. We have no Omen
mluts for everyboly'4 silver: our silver
dollars are coined univ on tsovernmeut
account, and ore. Il Is true. fun legal
tender Ike gold coin. but our minor
silver coins are not gll legal tenders.
Before we can have binetaIlism we
must again open our minis ne in 100
to cverySoly's silver. DOCS senator
Allison favor doing tbat7
"Tle lupt Republican national plat
form, adopted in 1892. declared, "rhn
American people, from tradition and In
tcreat, favor hhnetalllsm, ana the Re-
publican party demanl7 t-p us. Of
10th gold and silver ms standard mon "
with such restrictions anu uudur ,ueh
provisions. 10 be determined NV leuis-
iatlon, as win secure tine malnten.tn- e
OF the parity OF values of the two
metals, So that the purchoslrr ana debt
''An 80 ~ 'A'''A.'t 'H''-AAN'.l =. 4
sllFcr Eoll or paper, shall be at all
times equal
Phe INST part OF the declaration.
an1 down 10 with such restri1unn'
was written. as he says, by Senator
Ieller 1t colorado. he objected to ilc
last part, which he did not write, hut
whicn ne now insists was not then and
10 not now inconsistent with that pure
blmctalllsm, such us the United States
enacted In l79s.
IN the senate debate OF the goth OF
February, begun hv Senator C8rte~'s
| speech, senator sherman defined 'hl-
| meta.lc money as that which neg',n
| TO exist with us In 1868, when the trcas-
urY purchased silver bullion and coined
English system. which Is gold mono.
, metalllsm,
This IA what he said. we maintain
the parity OF the two metals by limit
/ ing the supply OF the cheaper one. We
/ Guy the bullion from the people of tho
| United states or In the markers Of tho
world nnd we coin It into money vpon
/ the old basis of 10 to /. But I'm order
That we may maintain the silver coins
at parity with gold, we limit tho
amount. und only make II an act OF
Z the government which maintains thos,
| coins Of less market value, al parity
with gold,
"Mr Allison aIso soId, NV ,do, nj
hImetalllsm Is maj bo,b me},is "a al
| be adopted and used In ihis cnnnt.r,
| ns far ns poaeibIo and 70 .ba cvts,,,
that they can be maintained nt n i.orit,
/ with each other, In order 10 btlns
about that condition. ns ,nt.rr ne
course thr eIlysr dnlIars ,nd No sii,.o,
\ coins must be maintained nj , norit,
| with gold
THAT makes silver" snId Mr. ~,
mont. "only n fat money III - ,,,a,
excludes international aereen,c,,t ha
cnuse only tho rovernmnnt is 70 col,
RIlvcr; that silver dollar nro % ~
coined Nv tbe tr,as,,r,, a., ,.',t " u
dollars and uunrters Ia inn,s4,riai
4 Free bimelallic coinage does not 90
Rt
| 'who knows whether Tint ia saDoto
Allison's plan? Senator Uonr ,lecInre,
It was not bIs or Nassau, bv ',.,,,,..
which seeks. no snid inirrnation,l 2, %
btu,ntaiiie cotno,ro ~ ,ntas,,, ~ -, =. "