The Anaconda standard., 1897-12-20
He SOUNDS A WARNING
Chandler's Plain Talk to Gage
and Mckinley.
ARE LEADING TO DEFEAT
The Present Gold Standard Programme,
If Carried Out, Means Disaster to
the Country and Disruption of
the Republican Party.

Washington, Dec Ex-senator Chand-
Ter of New Hampshire has written a
letter to the Washington Post, in which
he says: If the secretary of the treas
ury and his single gold standard asso-
ciates will cease their demand for i'm
possible currency 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. Busi-
ness will revive, the balance of trade
viii continue in our favor and the re-
publican party WILL in November, 1898,
elect a majority of the house in the
Fifty-fifth congress.
''On the other hand, if Secretary Gage
continues to press upon congress a bill,
the object of which he says is first to
commit the country more thoroughly to
the gold standard and the immediate
result of which is to throw doubts upon
the sincerity of the presidents declara-
tiOnS in favor of continued efforts to Sc
cure bimetallism, political turmoil will
arise in congress which will split the
now united republican party into frag-
ment, while it will unite and CONSOLE
date the now ineongruous opponents.
1t is not feasible to retire the green
backs. There is more probability that
q plli VIII bC SSIlL " Lie pIGSIuSil W
increase their amount. 1t is 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 bring
about either thing will probably result
in the passage of a bill for the redemp-
ton of the greenbacks in silver dollars
and for the payment of all United States
bonds in gold or silver coin, in the dis
cretion of the president, who will be
commanded to exercise his option for
the advantage of the government and
not for the advantage of the creditors.
With such an uproar in congress as
these proceedings will create, with
certain congressman embroiled therein,
with presidential yetoes, as threatened
by Secretary Gage, under angry discus
sion, it will happen that all business en-
terprises and funds and stocks will be
disturbed, prices will fall, insolvencies
will increase and the republicans will
lose the congressional elections in 1898
as disastrously as they did in 1890, and
beyond the hope of a favorable reaction
in 1900, at which time, therefore,
Bryan democratic president and con-
gress will be chosen.
Whether we are to have one of these
results, political safety; or other, po-
ltical 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-consti-
tuted monetary conference. How much
Secretary Gage cares for the republican
party is not known. Whether President
Kinley, whose good faith towards BIZ
metallism, is coming 10 test, will stop
his secretary, is not known. 1t is to be
hoped he will. But. no political situa-
ton has been clearer than the present
one is, to sound eyes, since the republic
can party began its marvellous career
AZ years ago. There are times for all
things There is a time to move and a
time to keep still, and now is the time
to SO keep.
1T is simply absurd for the republican
party in this congress 10 affir'n lively
open the discussion o. lie question and
the bringing of yea and nay votes on
currency legislation We ought to await
the progress of international bimetal-
lism. the advent of business prosperity
and the filling of the treasury by the
normal workings, soon to be seen, of the
new tariff law. Shall we wait for these
things or rush on to self-destruction?
President Mckinley must decide
Will he act for his people or for his
plutocrats? Upon his answer will de-
pend the events of 1885,