The Ketchum keystone. [volume] (Ketchum, Idaho) 1885-1899, 1897-12-25
aAa1 MUsT NJ oALLID DoW1.
Either That Or the Destruction
Of the q. O. p.


CNANDLE13 DUQEE NOTE or WAR1unG(
i WAsHueTon, Dec. 1o.-9enator Chand
lsr of New Hampshire has written ,
letter to the Washington Post, in which
be says:
4 aIf the secretary Of the treasury anl
his single gold standard associates vii
cease their demand for impossible cur
rency Legislation, Congress will pass tn.
necessary appropriations bills; probably
take care Of Hawaii and Cuba; there viii
mot be = serious party division during
ths session, and there will be an adjourn
ment in May. Business will revive, ths
balance Of trade will continue IN oul
favor, and the Republican party will il
November, 1898, elect . majority Of the
house in the Fifty fifth Congress.
"On the other hand, if Secretary Gage
continues to press upon Congress bill
tho object Of which, he says, is first to
commit the country more thoroughly to
tho gold standard, and the immediate re-
suit of which is TO throw doubts upon
tho sincerity Of the presidents declara-
/ tions in favor Of continued efforts to se-
cure bimetallism, . political turmoil will
arise in Congress which will split the
now united Republican party into frag-
ments, while it will unite and consolidate
the now incongruous opposal.
aRERNBAcKs.
It 10 not feasible to retire the green
backs; there 10 moro probability that .
bill will be sent to the president to in
crease their amount. It 10 not possible
to secure the passage through either house
OF bill making the greenbacks into gold
notes or authorizing bonds payable in
gold. The effort to effect either thing
will probably result in the passage of q
bill for the redemption of the greenbacks
In silver dollars, and for the payment of
oil United States bonds in gold or silver
coin, in the discretion of the president,
who will be commanded to exercise his
option for the advantage Of the govern.
ment, and not for the advantage of the
creditors.
PRICES WILL FALL.
"With such an uproar in Congress 40
these proceedings will create, with GER
tain congressman embroi!ed therein, with
presidential vetoes, - threatened By Sec.
Rotary Gage, under angry discussion, it
will happen that all business enterprises
and funds and stocks will be disturbed.
prices will fall, insolvencies will increase
and the Republicans will lose the congress
sional elections in 1898 as disastrously as
they did in 1890, and beyond the hope of
favorable reaction in 1900, at which
time, therefore, Bryan Democratic pres
ident and Congress will DO chosen.
ONE OF TWO THINGS.
whether We are to have one of these
results-poitical safety-or the other
political destruction-depends emit :
upon the course to be pursued by Secre-
Eary Gage, and those who are pressing
him forward, namely, the gold standard |
league OF New York and the self consti-
tuted monetary conference. How much /
secretary Gage cares for the Republican
party is not known. Whether President
whose promises of good faith
towards bimetallism are comirR to test,
will stop his secretary is not known.
is to be hoped he will. But no politlcai
situation has been clearer than the present
'ne is. to sound eyes, since the RepuL lean
party began its marvellous career 40 years
lgo. There is time for all things There
time to move and . time to keep still,
md now Is the time to SO keep.
ABSURD COURSE.
ut il simply absurd for the Republican
'arty 10 this Congress to affirmatively
pen the discussion and the bringing of
'ea and nay votes on currency legislation.
Ne ought to await the progress of inter
ational blmetal!isnl, the advent of bust
ess prosperity, and the filing of the
reasury by the normal workings, soon
0 be seen, of the new tariff law. Shall
ve wait for these things or rush on to
elf. desiructiona President Mckinley
aust decide. Will be act for his people
for his piutocratsa Upon his answer
I'LL depend the events of 1898.
(Signed). WILLIAM e. CHANDLEx.
December, 1897"