Arizona silver belt., 1897-12-30
SENATOR CHANDELIERS WARNING

shire, has written letter to the Wash ington Post, in which he says:
 'If the secretary of tbe treasury and his single gold standard associates will cease their demand for impossible cur rency Legislation congress will pass the necessary appropriation bills, probably take care of Hawaii and Cuba, there will not be a serious party division during the session, and there will be an adjournment in May; business will re- vive, the treasury receipts will equal the expenditures, the balance of trade will continue in our favor, and the Re publican party will, in November, 1898, elect q majority of the house in the Fifty-fifth congress.
 "On the other hand, if Secretary Gage continues to press upon congress bill. the object of which he says is, first, to commit the country more thoroughly to the gold standard aud the immediate effect of which is to throw doubts upon the sincerity of the presidents declarations in favor of continued efforts to secure bimetallism, A political turmoil will arise in con gress which will split the now united Republicans into fragments, while it will unite and consolidate the now in congruous opposition. It is not feasi- ble to retire the greeubacks; there is more probability that bill will be sent to the president to increase their amount. It is not possible to secure the passage through either house of a bill making the greenbacks into gold notes or authorizing bonds payable is gold. The effort to do either thing will probably resnft in the passage of a bill for the redemption of the green. backs in silver dollars, and for the pay ment of all United States bonds in gold or silver coin, in the discretion of the president, who will continue to ex- ercise his option for the advantage of the government, and not for the ad- vantage of the creditor.
 With such an uproar in congrss as these proceedings will create, with Western congressman embroiled there in, with presidential yetoes, as threat ened by Secretary Gage, under angry discussion, it will happen that all busi ness enterprises and funds and stocks will be disturbed, prices will fall, in- solvencies will increase and the Repub- licsns will lose the congressional cleo tions in 1898 as disastrously as they did in 1890, and beyond the hope of a favorable action in 1900, at which time, therefore, Bryan Democratic presi- dent and congress will be chosen.
 "Whether we are to have one of these results-political safety--or the other-political destruction-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 national mon- etary conference. How much Secre- tary Gage cares for the Republican party is not known. Whether Presi- dent Mckinley, whose good faith toward bimetallism is coming to the test, will stop his secretary in his in- sane career is not known. It is to be hoped he will. But no political situs- tion has been clearer than the present to sound eyes since the Republican party began its marvellous career, 42 years ago. There are tines for all things. There is tune to move and Il time to keep still. and now is the time to so keep still"