Mexico weekly ledger., 1898-06-23
CHAMP CLaRK'S LETTER
Signs of Trouble In the
Republican Camp.
SILVER STILL A LIVE ISSUE.
Senator w. e. Chandler Wages
War on Gold.
SKINS THE NAPOLEON FROM OHIO.

SKINS THE NAPOLEON FROM OHIO.
Points Ont the Inconsistency Of MoKinley's
support of the Gold standard-Calls At
tention to Republican Pledges to BIZ
metallism Self Appointed solomons
Scored-Mask Torn From he Face of
Hypocrisy.
Especial Washington letter.
Notwithstanding the footing Of horns
and drinking of toasts by Republicans
over the victory in Oregon-a state
which goes Republican more regularly
than Massachusetts-signs multiply
hat all is not harmonious and serene
in their camp on the financial question.
Hon. William E. Chandler Of New
Hampshire is one of the most prominent
of the Republican chieftains. His pub
lie life is c~oextensive with the existence
Of his party. In race track parlance he
has been on the turf for many years
He has held many high positions, was
secretary Of the navy under Arthur and
disputes with William G. Whitney the
honor of being the father Of the new
navy, and for three terms has been q
senator of the United States. More than
all this, he halls from the heart Of New
England. A great many hard things
have been said against Senator Chandler
first and last, but nobody every accused
him of being a fool. On the contrary,
his extraordinary shrewdness is admit
ted on all hands. He is enamored Of
public life and would certainly not run
counter to the sentiments Of his con-
stituents If he knows what these senti-
ments are, and the chances are 10 to
l in favor Of the proposition that he
does know, for he is of those astute
politicians who keep their fingers on
the public pulse, at least within their
OWL bailiwicks.. Therefore it is safe to
assume that there is a good deal of latent
silver sentiment in New Hampshire or
William would not have ventured to
make the speech from which I am about
to quote and which has set the heads
and tongues of most people hereabout
to wagging.
Chandler Talks For Silver.
1t is really difficult to see. how any
Bryan anarchist or free silver lunatic
could have done better for the white
metal. When Joseph Fl. Walker of
Massachusetts fights bonds, and Mr..
Brumm of Pennsylvania lauds green
backs, and Senator Chandler of New
Hampshire wages war on the gold stand
ard-a trio of stalwart Republicans
the signs indicate that something is
about to drop in the Republican camp.
When Chandler delivered his speech,
gold standard Republicans rubbed their
eyes in a dazed sort of way and asked
each other: What does he mean? Is he
a candidate for PRESIDENT" My guess is
that he is and that If he is nominated
he wants to be elected and therefore de-
sires to bring the Republican party back
to bimetallism, believing that it cannot
win while advocating gold monometal-
lism. After opposing the proposition to
issue greenbacks, he proceeded to say:
1.-THE question, however, of the coin
age Of the silver bullion now in the
treasury stands upon different grounds.
The restoration Of silver to the coinage
has been recently decided by the senate
not to be a breach of the public faith
nor an act in derogation of the rights of
the public creditor. The amount to be
coined will be limited to what is now
on hand, 800, 600, 600, and there is no
probability that any more will be pur-
chased. No friend of silver will ever
again advocate the purchase Of any more
bullion to remain uncoined in the treas
ury. Silver hereafter is to be either
money or merchandise. If the former,
it will be freely coined; If the latter, it
will not be dealt in by the government.
There are some manifest advantages in
converting the present bullion into
money, and there is no danger whatever
that so converting it will break the par
ity between the two kinds Of coined
money. Therefore it would be wise, con-
venient and helpful to provide for that
limited amount of coinage.
Restore Bimeta1lism.
"There is one important addition
the declaration which I have proposed
which ought by general consent to be
incorporated in the pending bill. It
would, indeed, in my Judgment, be wise
and timely to accompany all bills for
borrowing money with a declaration
against permanent acquiescence in the
single gold standard of money and with
a renewed affirmation of the intention
of the United States to pursue and Sc
cure the restoration of bimetallism-
that is, the use Of both gold and silver
at a fixed ratio a. the standard money
of the world with the free mintage Of
both metals at such ratio.
my idea, therefore, of what the pend
ing measure should contain when it
passes the senate-with due Difference
to the ~sagacious, able and patriotic COM
mittee which has had and now has it in
charges as follows:
"First.-Very moderate internal rev.
nue. taxes, emitting such as are seri-
ously opposed by any considerable num-
Der of senators.
Second Authority to the president
to borrow money sufficient to carry ON
the war by a popular loan effectively
brought within reach of all the people,
bearing 3 per cent interest and redeem
able within a period not longer than ten
years.
Third "A bimetallist declaration,
as follows,