The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-11-06

/ " INfii W. Wv IEi nm
WASHINGTON, D. C.. Nov. A, 1897
With the gradual dying out of the free
silver issue throughout the country, con.
siderable interest is awakened ~ to
whit the leaders of the Democracy viii
choose ns the basis of future principles
upon which to go before the country and
the voters Of the United States. Not a
little curiosity IL manifested here rs to
the exact stntus OF the new political
purity which is said TO be ia a state ot
organization and which ~ denomlnated
the National Paper Money party, which
promises primarily TO devote itself eN.
clusively TO the currency question as the
first and grca test issue before the coun-
try. The tariff question is 10 be rele-
gated 10 the rear and all the other issues
which have been the mainstay oi the
old Democratic party are to he side
tracked as side issues Of only minor
importance.
IL il well understood by close obser-
yers, aud in Tact by all intelligent read
ors of the newspapers, that the wing OF
the Democratic party which last year
lndonted free silver us its cardinal prin-
ciple has been gradually disintergrating
owing To the growing unpopularity oil
the silver cause, and that while some OF
its supporters still cling To the irce-coin-
aee idea, a large proportion OF them are
casting about for another issue which
will be more likely TO take with the pco-
plc as a campaign issue in the light ul
1900 A preliminary meeting OF the
new Paper Money party was recently
held in Chicago and arrangements were
made 10 enter the congressional cam
paign Of next ycar 1t is claimed that
the new movement has made some head
way in the western states, aud that
clubs have been organized ia san Fran
q cisco. Knnsas City, and other western
r cities. Pure Gntism, no metallic bast'
) ol currency aud NO redemption, u
, announced as the motto OF the new
, movement. This resolves itself int
+. old-timc grcenbacllism pure aud simple
r and will doubtless find many supporter
= from the ranks OF the silycritcs who hav,
p always believed In grcenbacLlsm ant
j. have tolerated silver simply ns p m"nn'
4 TO thc end. The new silver party promi
9 SEES to devote itself 10 the single plank q
Il grecnbackism, demanding govornmcn
a paper. issued and controlled entirely b.
h congress, legal tender for all debts an'
g not rcdcemublc. Congress will be cnllc'
l. upon to stop issuing al gold, silver, AM
}. bank paper money, aud to tissue onl
II national paper money Tor the use OF t.
II people. The money now 10 circulation
y in tie country will b. recognized for i
\ incc value bat no more ~ lhc kind WI
u bc issued Ex-Governor Aligch h sal
Is to be- IN favor 81 the movement, but IS
|, presses the doubt that the people oi III
3 country are not ready 10 accept The ia
ic scheme in toto; Ia other wnrtls, tla
they nrc not yet educated up 10 i
Frequent declarations were henrd du
ing the campaign Of hist year that irc
~ silver wp~ but a necessary stepping ston
- 10 the true money 81 the country, viz
'e paper currency. II was ircquentl
'e asserted during tie last campaign tia
ii A,tgcld was more Of a grecnbacker tia
j. free silvcrite, and the following word
v 81 the governor would seem Go COZ
~ robornte the cluim agitation in Oh
paper money direction il goud; mud
N may take only n spark 10 cause the tld