The news & observer., 1898-05-26

Secretary of the Treasury, in all ma
terial particulars, as to suggest that they
were compared and harmonized before
either was given to the public. This re-
port and bill are somewhat more bold
in the assertion of the purposes enter
tanned than is even the proposition OF
Mr.. Gage These distinctly propose
that silver dollars shall not hereafter
be coined that standard silver dollars
shall be redeemed in gold; that the sill
yer bullion OH hand at present shall be
sold, and suggest that silver dollars
may also be melted down and sold as
bullion. We are assured that the notes
of the banks "cannot fail to be safe.
"because being based upon all the re-
sources of all the banks issuing them
they are based upon the whole business
of the country" Certainly no bank will
become liable for the notes issued by
another bank over which it has no con
troll or supervision; hence this scheme
must contemplate the establishment of
some central bank authority, having the
absolute control of the issue Of all pa
per mOney--a great bank trust, pool. or
syndicate, with powers such as no man
has ever before had the audacity to sug-
gest This committee has called upon
commercial bodies all over the country
to assemble and endorse their report.
Thus. the people are put upon full notice
of what is intended, and of the means
of it's accomplishment.
TO STIFLE FREE OPINION.
Considering all this, is it any wonder
that the Spectator, one of the great
English newspapers, should say as IT dId
some months since: Being audaclous
beyond any old world experience, the
great capitalists of America are deter
mined TO capture free opinion and to pre-
vent criticism. They subsidize pupltS
they buy the press, they seat their
well paid attorneys in the United States
Senate, and at length they stretch their
hands over the colleges, which 1t IS
easy to capture by examples of generosl-
tv. Thus their design is to prevent any
effective action which shall in any way
weaken their authority or undermine
their poSition. Their object cannot be
mere wealth making for they already
eniov wealth beyond the dreams Of
oyarice. Apparently their intention IS
first to convert the United States into q
powerful oligarchy over other lands. II
is reserved for the free" west to dis
miss from academic service tried and
competent teachers at the bidding OF
rings of millionaires who will not hear
one single criticism or questioning of
the Justice or necessity of their doingS,
or of the character and tendency of the
trusts they have built up with land at
the expense of the public. The divine
right of kings is to be succeeded by
tbe divine right of millionaires who are
TO run everything, including the Amerl-
can Senate and the conscience ana III
tellect of university professors. 1t IS
none of our duty to say how the Amerl-
can people shall deal with the porten-
tons growth of that money power
which oyershadows the institutions OF
The republic. But we think that the
rich men Of America are revealing such
n deadly plot against all genuine pubic
freedom that unless we are mistaken.
the opening years of the new century
will witness an OutburSt III the west
which win amaze the civilized world.
In view of the great principles inyolv-
ed. and of the danger so close at hahu'
we urge the people everywhere 70
arouse themselves, and at once to take
stems to save themselves and their chill
dren from the fetters now being openly
forged to bind them. In recent years
there have been number of instances
of congressional districts where the ad-
vocates of gold and monopoly were large
l.. outnumbered by their opponents and
where. nevertheless by Il failure to
| unite and act together, friends OF the
gold standard have been successful.
| Thus. as the result Of a personal or
partisan wrangle, the cause of truth and
| Justice has been overShadOwed. the in
| terests of humanity ignored and the
greatest good to the government subor-
| dinated to an ignoble strife. If we are
i'm earnest we must have harmony
amongst ourselves. If there should he
| those who would divide MS. let them he
summary and emphatically rehuked by
| the people, who have none but high and
! patriotic motives.
As to the bold declaration of the adj
ministration in favor of the gold stand
ard. no sincere bimetalliSt can ever
again. by his vote or influence, give aid
or encouragement to the Republican
| party.
The issue is joined; we cannot avoid
| it if we would Either the friends Of bi-
metallism or the advocates of the gold
standard. trusts and monopOies must
| succeed. Who is not for us is against us.
| We are asking no man to abandon his
party or change his politics: we ask no
| one to yield any principle; but in this
| great contest we do appeal to all good
men to stand solidly together for liberty
| and humanity. and strike down for ever
| this conspiracy of gold and monopoly.
| (Signed) JAMES Il. JONES.
| Chairman Democratic National Com
mittee.
OREGON LOCATED Al LAST.