The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1897-11-22
this can best be done that Mckinley Is
call ing on his associates for advice.
The Wolcott Commission Failure.

Mckinley has more than his share of
trouble these days. The failure Of the VOL
colt commission was the first of a series
Of events that has brought home to him
the truth Of the old adago which relates to
the unpleasant sensations that so with the
wearing OF a crown.
1t was confidently expected by the Col
orado senator who conceived the idea and
by the other prominent republicans who
thought 1t a foxy scheme, that the result
of the Wocott- Stephenson-Pane junket
would be some equivocal reply from tho
government of Great Britain which could
be construed as favorable to bmetallic
action some time in the future. That was
the sort of political capital that the com
mission" was expected to bring back.
When, however it brought an answer so
decisive as to be the strongest possible
Endorsement of the democratic contention
that EnglanTs cooperation could never be
obtained unless she were driven to it in
self-defense all calculations had been up
set and the troubles had begun for tho
president and his party.
Senators Chandler and Carter Talk.
The hope that republican bmetallists
might be induced to let the bmctallism
Idea drop was promptly dispelled by the
appearance of the strong letter of Senator
Chandler warning his party that adherence
to the gold standard would bring demo-
cratic victories In the congressional cleo
tons and that "a free coinage bill would in
1900 be signed by President Bryan" That
has been followed by similar declarations
from high republican sources. Senator Car
np WIN nav 'DD9
westerner who had faith In the Old party"
and all that, now adds his views to the
disturbance of the party leaders Senator
Carter still clinGs to the idea that there
may some way and somewhere be a path
for the party out of the woods by the
bimetanism route but he warns his fellow
republicans that when it is asccrtancd
that international bimetallism cannot be
secured, l should unquestionably favor and
upon a candid acknowledgment of the fact
It would undoubtedly follow, that general
realgnment upon the financial question
would occur throughout the country. And
for that division, when it occurs, the sin
gle gold standard men will not be well PIE
pared"
Tine senator's prctense that the time for
that division has not yet come will hardly
he indorsed by the men whom he and his
associates fooled through international
promises last year. His talk on that line
is like Wolcott's-a sort OF sparring for
wind, nothing more.
Against Bond Issue.
But the Montana senator does not con-
tent himself with these general references
to possible contingencies. He comes out
squarely upon one Of the subjects that is
perplexing the men in power; he is against
the retirement of the groenbacks, and
says 50.
at can be stated emphatiCaliy' said he,
chat no alleged reform can succeed in
passing congress which proposes to contract
the currency or which provides for the is
suance of bonds. The exchange of green
backs for interest bearing bonds would in
volve the contraction Of the currency to
the extent of the outstanding greenbacks
thus retired. I am well satisfied that the
temper Of the country ana the judgment OF
congress win be adverse to such action"
Almost coincidcnt with the appearance
of this Interview with Senator Carter
comes an authorized statement OF tho work
that is being done by this sef-appointcd
monetary commission whose mission is to
voice the sentiments Of The II. II. Hanna
business mon and TO add TO the troubles OF
the republican party. This statement is
evidently put ont as a feeler. but it reveals
one feature of the commissions work that
will attract VIDE attention 70 say the least
of it.
Will Recommend Gold Bonds.
The commission is going to recommend