The state rights democrat. [volume] (Albany, Linn County, Oregon) 1865-1900, 1897-12-24
Chandle RS Warning.

Senator Chandler has written letter
to the Washington Post, in which he
says:
'If the secretary of the treasury aud
his single gold standard associates will
cease their demand for impossible cur
rencv legisl atom, cougrsss a Ill pass the
necessary appropriate bills, probably
take care OF Hawaii and Cuba, there will
not be q serious party division during
the session ,and there will be an adjourn
ment In May. Business will revive, the
balance OF trade will continue IN our iay-
or, and the republican party will, in
November, 1925. elect 4 majority OF the
house in the 56th congress. On the other
hand, ii Secretary Gage continues to press
upon congress bill, the object Of which
he says, is fret, to commit the country
more thourghly TO the gold standard,
and the immediate result OF which is 10
throw doubts upon the eineerity of the
presidents declarations in favor Of ef-
forts 10 secure bimetalism, q political
turmoil will arise IN congress which will
split the nov united republican party in
TO fragments, while il viii unite and con-
solida,e the now incongruous opposition.
Il Is not feasible to retire the greenhack /;
there is more probability that q bill will
oe sent TO the president TO increase their
amount. Ii is not possible to secure the
passage through either house OF q bill
| making the green6scks into gold notes,
for authorizing bonds payable Ia gold. 1t
sill also probably result in the passage
of bilItor the redemption OF the green
| backs in silver dollars ami for the pay
ment OF all United States bonds in gold
or silver coin, i'm the discretion Of the
president, who will be commanded to
exercise hie option for the advantage OF
the government, and not for tie advAn-
tage of tl{s creditors.
"Wiihlsuch an uproar IN congress "a
these proceedings will create. with cer-
tain congressman embroiled therein, with
presidentiAi vetoss ,as threatened by See.
eeiary Gage, under angry discussion, it
viii happen that all business entsrr rises
and funds and stocks will be disturbed,
prices will TALL, insolvencies will increase
and the republicans will lose thecongres-
sional elections in ls9s, AZ dIsast rously
as they did in lS90, and beyond the hope
OF q favorable reaction in 1850. st which
time, therefore. a Bryan democratic
president and congress vii be chosen.
"WbetLer we are to have one o. these
rssu.ts-politic.l safety or political ies-
truetion. depends entirely upon the course
to be pursued BY Secretary Gage and
those who are pressing him forward.
namely, the Gold Standard League OF
New YORK and the self constituted mon
etary conference. How much Secretary
Gage cares for the republican party is nc.
Anown. Whether President Mckinley,
whose good faith toward bimetalism 10
coming to a test, will stop his secretary,
is not kne~n. Il is hoped he will. But
no political situation has been clearer
than the present one Isto sound eyes
since the republican party began its
marvellous career AZ years ago. There
are times for all things. There lie time
10 move and to keep still and now 10 the
time 10 go keep.
at is simply absurd ior the republican
party in this congress to aftirmatiyelyop-
en- the discussion OF the question, and
the bringing Of yea and nay votes on
currency legislation. We ought TO
await the progress OF international BIZ
metslism, The advent OF business pros
perity and tie filling OF ,he treasury by
the normal workings, socn TO be sem,
cf the tariff law. Shall we wait for
these things, or rush on to self destruc
tion? President Mckinley must decide.
Will he at for his people, or for his
plutocrats? Upon his answer will de-
pend the events of 1898.