Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1897-08-27
Fall IN SILVER IS NATURAL.
It Is the Natural Result Of Progress
SiVe Decentralization,


SAYS Senator William .. Chandler,
OF New Hampshire, One OF the
Most Prominent Republicans IN
the Country-Says II Was Nat
urally TO Be Observation-Disclosures
email Rise in the Price Of Whaat.
Only the Result OF Short Crops IN
Certain Countriss- Overwhalm-
ing Defeat Ahead Of the Republ-
cans, Unless the Party Pledge
Declaring for Bimstalism Is Re-
daemed-Statesman's Warning.
Washington, D, c.. August 26.-Sen-
ator William Z. Chandler. Republican,
Of New Hampshire, is out in another
letter, in which he declares gold mo-
nometallism Impossible. and claims
only in bimetallism is the nations
safety, and that the Republican party
must realize this fact il it is 20 remain
in power. The Senator says:
All the one-sided clamorers seem 70
be wholly unmindlu, of the tunda-
mental principle upon which all lea
sOning on monetary science must be
based, namely, that the test OF The sys-
TEN must extend over many years OF
its operation, and must be applied 10
many varying conditions, acting and
reacting upon each other, many times
with confusing and
TROUBLESOME APPARENT RE
SUITS.
Thus, when, prior To October, 1896,
wheat fell in price 10 an unprecedented
low figure, the silver men claimed tina,
the cause was progressive demOnetiZa-
ton. and the gold men were more or
less c0nfounded. But when In that
month of October wheat rose in price
the Republicans took their turn and
claimed that the argument for silver
based upon q fall In prices or cOmmO-
dities was r5lutet, and doubtless
many votes were thus saved 10 NC
Klnley. Now, again, when IN August,
1897. wheat has further risen in price,
while silver has continued to fall, the
gold men proclaim that the rise in
wheat and the fall in silver have for
ever silenCed the bimetallists, and that
silver is d dead issue.
"The simple truth seems to be that
wheat has gone up only because OF
short crops in certain countries, as IL
always Will under such conditions,
while silvl- continues 90 so down be-
cause it is Yet in process Of OemOnei-
cation, as every human being knew II
would. But the great question still
remains for solution, whether, through
the years TO come, with silver demone-
tizatiOn still progressing, there VIII
not be as @ consequence thereof q
steady fall in the average prices OF
commodities and the lands, buildings
and ships which make the
WEALTH OF THE WORLD.
If this question is to answered in
the affirmative the reconciliation or
silver is sure to follow. The world
cannot be held TO tle single standard
Of gold because Of the rise In wheat,
which helped the election Of Mckinney
in the autumn of 1886, and the con-
timed rise of wheat and the fall OF
si4 err.
49, true that a small class OF Re
7puNican gold m1u0metalllstS, and also
the Cleveland Democrats, insist that
MIR. Mckinley should break his solemn
pledges. cease TO make efforts Tor be
metalhsm and commit himself and his
administration UnTeseryedly 20 per-
manent gold mOuCmG,3lESm. The con-
slant wall of the gold Democrats who
deserted Mr. Bryan and by voting I9r
d. |-
lots. aided the election of Mr. Nchln-
lev. is that the latter as President Is
bound 70 advocate the single gold
standard. They seem wholly to for
get that the Republican party has
affirmed that the use ol both gold and
SILVER AS STANDARD MONEY
Is imDor-aut 10 the wcrld. and that the
free COINAGE OF silver ought 20 be
adopted by Internal pnal agreement,
while both the great parties, the one
casting 100000 vO,as. and tl2 o-ner
100000 votes, declared by law I'M 1870
that il was the policy of the govern
ment 10 steadily pursue the object OK
bimetauism by amy Cta. than inter-
national agra eu5ul which would In
sure the main enllCe of The parity be-
tween the two metals at q fixed ratio,
only $4,000 voters declared I'D 1896 for
the single gold standard. and the lead
ers of this handful can hardly expect
TO rule according 90 their peculiar ideas
either OF the old parties As long rs
ailver continues 90 so downward. how
- often wheat may leap up and down
fing TO the variations i'm the an
product the world over. the Re
fCan party. as @ whole, with Mr..
Linley i'm the lead. viii continue 20
q for bime-alIisn as well as for
Election.
There is danger of disaster from
IN the existence OF the many cur
nj suspicious that abandonment is
blended: suspicious caused in part by
8eported UttCronCes of See. e-ary Gage,
and bv proc,amGtiOus of Director Pres
Ton. of the United States Mint whose
4real business is to coin money and not
10 formulate 2 party policy.
"The question is close at hand. 10 be
Arie5 in November i'm the State of.
.ObiO The Ohio convention re3&-
ed the ST. Louis platform Of 1896,
which
PLEDGED THE PARTY
10 promote bimetal-isu the free coin
age Of silver equally with go.d-b' Ia
ti0ral methods ana without cessation
In the pursuit a. the desired object.
President Mckinley holds firmly %
these pledges. It win be uuwi=e for
the Republican managers i'm Ohio TO
counteDaCCe tL1l idea that they ere 70
be abandoned II they do there is i'm
r ..N q hon Id d,