New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-04-25

that t1H. Would Be- sec.ua made snail never
10 recosnas the Sey actually me exist 1S
fact is that gold and silver haze S t h1t o ths
difference in value between the two metals is con.
added the currency Of the wS ,s pr a%f
Gus history. They cannot be brought permanently
;ed ratio by any legislation o % or asSe
might be the temporary effect Of legislation or
conventions. time would soon be reached wn zen
W WIN ARTIFICIAL system would break down. leaving
the contracting nations In much worse cSnu tnrni
causes have separated the two metals. and While M
II Is possible that natural causes may hsredt'e y
change their present relations to each other, is
certain that these relations cannot be chansed by
artificial means and any st Item at an arbitrary
valuation will increase the disorder, and result
sooner later In financial chaos.
AGITATION HARMFUL.
In nv opinion the official agitation now going
on In favor Of an international monetary CONFER
ence is not merely useless but harmful In the high-
est degree to all the great interests Dependent upon
q permanent and proper adjustment OF our cur
rency system. (Applause) No partisan considera.
tons no vain hope Of holding togetner d ~
silver o monometasts can at time like this Justify
or even excuse persistence In moVement WI e.
ne s distinct and dangerous concession
to tho theory of free coinage and fatisf anu 10 ,o
Of sound money and 70 all the material In interests rems
OF the country. Mr. President tho time mas uost
maintenance OF sound and stable currency III aiio
country should repndiate every hy be demand
for debased coinage ana insss upon niriatrativ.
ate UPPES wifi sve a of xed dem
nation to preserve unifnpared the Tbe anpoint.
e Tf' Of de,egStes to monetary conference that
will never meet or the Designation OF .. oPui, not
the best means to promote the safety of our hnan-
cal situation inspire confidence inch IN the dnces to
concil,ate and encourage the advocates OF lIa'lsi
and depreciation should be promptly rsIec .bo gold
standard of value will be maintained. and that IL
necessary for It's On an dcmamd without
discount. into coin worth everywhere in the com-
When this is known to be our settled policy trade
and industry will revive without al .lci h:i, n,ir
great natural resources. and financial peace ana
Industrial prosperity will bless the lana io' many
years 10 come.
PRESENT DUTY.
But In the mean time. while the threat OF socia'
disorder and financial revolution Is sun diS'ur o''b
the country what is our duty? The same ISSUES
which forced us into present position are sun
pending and. until they are finally settied OF per
manenty bandoned, we can turn hei'hei ~ '.'o
right nor to the left. on the one sac we sec ''
degradation of currency and the Ges,ruco n -.
social order and the other n dehDeiate peinu w
SIN of governmental power TO selfish prlVate puI
poses and a policy OF paternalism which; II sane
toned by the people, must ultimately suDverl me
foundations OF free institutions betWet s,i,
evils no choice be made. and the only h0norapic
and consistent course open 10 us ~ 10 IoIoW oui
honest conviction, and appear 10 the r'dsol, ~.
patriotism OF our fcllowctiaens in all paris Oh me
country TO aid US In rescung the Old DemoCrauc
party IRON the unfrendly hands OF reckless IoPu
lists and dscredited Republicans. Unless our con-
ndence in the wisdom and justice OF popular gov
has been wholly misplaced such an ap pors
will not be made In vain and We shan see before
the close of the present century what our fathers
saw nj the close OF the last-a triumphant vi1dica-
ton OF the true principles and policies OF genuine
American Democracy. Great applause)
W.T. CON M THE TARIFF