New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-08
CURRENCY REFORM ~ TIE WEST.
CONGRESSMAN PRINCE BELIEVES THE Sill
YER CRAZE rs DYING OUT


YER CRAZE rs DYING OUT
Washington. June (speciaD. Representative
Prince, OF Illinois, who has just received re-
nomination at the hands of his Republican con-
stltuents. is inclined to believe that sentiment
Is strengthening in the West in favor Of sub
stantial reform OF the National currency system.
The craze" he said. so far Illinois Is
concerned Is rapidly running It's course | hear
similar reports from other Western States. The
Republicans Of my district are sound money men.
But they so further. They believe not only In the
gold standard. but they agree with the Presl-
dent in his speech before the Manufacturers As
ISOLATION. of New-York, last January. that ii
must not only be our purpose 10 maintain the gold
standard. but we must give that purpose the vital
ity Of public law In other words. il we give the
isolated regions of the South and West adequate
banking facilities the demand for free silver will
gradually cease. II retire the greenbacks.
and we do retire them without any contraction Of
the currency issue Of bonds in the bill now on
the House calendar we shall remove the menace
to our National credit which now exists and will
continue to exist so long as the Government Is re-
CURED to redeem greenbacks in gold. Our bill.
you must remember. places the redemption upon
the banks
'rhe people of your district. then, believe In re-
forming the currency laws. do they?'
THAT question was only incidentally discussed
The business men. however. are unit In demand
ing thdt our monetary system fhall De placen on Il
moro stable and scientific basis have three large
manufacturing towns in my district alesburg
Rock Island and Moline. There is not In these
towns business man OF any prominence who Is
had other candiiitis before the convention. hut
when il was manifest that they could not win. their
Influence was thrown for me. This was largely
due to my support Of the gold s,anl lard and to my
connection with the movement to improve our none
sens on tnis q"Gs1n was ,nrN W1 n . Ne
~ hair In IN cot Ar NJ In
Democrats. These business men appreciate the
necessity for reforming the currency ard for rigid
maintenance OF the gold standard They have no
patience with men who try to eyade the Issue AMI
Congress who does not face this issue hravey and
announce his heller In the gold standard Will find
did your opponents refer TO your connection with
the currency reform movement7'
Down AZ Rock Island tho report was started
that was the tool Of wall Stree and this "a
tended 70 ni4re my esnddaGy d u Gd rot sneEt
mon AZ the arsena! that was their friend when
the commandant few months ago ordered a re-,
the reduction. and the order was signed by secre-
iary Alger. ! Immediately went 70 the White
House and spoke t. the President about y. told
him that the rate OF wages which WAS paid under
Democratic Administration ought 70 be continued
under Republican Administration The President
agreed with me end the order rcducins we men me-,
WAS resoInded When some o. my opponents CIR
cuated the report In Rock Island thai ! Vas me
tool Of Wall street. the workingm"n replied that
had shown myself to be their friend and that m
their Judgment was only treating he capitalists
with similar considerations thar, ~ snort was
fair 10 both sides and they were glad to see It.
My currency reform views brought me me sun
port ~ the business community without single
exception. and they did not cost me vote IN any
other direction. In my judgment inc iiousc should
sSIorrns n will he the means ~ maintaining our
control ~ a score of districts whose members were
pnssage VIII help the Republican party in the Con
sressional contest this year, and 10 nor hrrsv.
I, WI lose us single district In the East west