The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-02-16

Washington. Feb. 15.-The addresses
on behalf of the democratic. populistic,
and silyer-republican parties, which are
the result of the conferences which
have been in progress among the lead
ers of these parties at the capital for
the past few weeks, We're issued to-day
They seek to unite the members of the
three parties in future elections upon the
financial issue as the question of para
mount impot tance, and are the appeals
of each of the parties to consolidate all
along thb,sTes for It's purpose. The
address i lernocT IS is signed by Sen
ator James K. Jones of Arkansas
chairman OF the democratic national
committee and Is endorsed by the dem
ocratic congressional committee: that
to the populists by Senator Marion
Butler, chairman, and % silver MEM
bers of the senate and house and that
to the silver republicans by Chairman
Towne, and also by ex-senator Dubois
The democratic appeal is as follows.
ITO the people-The surrender of the
republican party To the advocates of
the gold standard and monopoly is at
last complete. The present administra-
tion, called to power on the solmen
pledge of the republican convention at
ST. Louis to promote bimetallism, has
III.
the leading purpose of which the hon
orable secretary of the treasury avows.
Is TO commit the country more thor
oughly to the gold standard The coun-
try has already for "a years been so
thoroughly committed to this standard
partly by law and partly by the usurp-
alton of the executive branch of the
government that its effects are seen
and felt on every hand; wages are re-
duced. work is harder To get. the weight
OF debt Is doubled. the value of land
and other property is reduced one-half
or more, until the lives of the people
are made. bitter with hard bondage
1t IS certainly not in the interest of hu-
manity to have this condition of things
more thoroughly established.
The continued rise in value of gold,
or, which is the same thing, the con-
tinued fall In prices, must inevitably
transfer the property of all those en-
gagged in active business, the actual
creators of wealth. whether by hand
brain or capital, II those wha avoiding
the risk and effort of active business
only draw interest. The increase of 145
per cent. in the value Of money caused
by its increasing scarcity from 1909 10
1S49. as admitted by leading advocates
or the gold standard. found expression
at that time in extremely low prices
and conditions of unparalleled distress
the discovery Of gold and silver In ex-
traordinary quantities and the great
increase in the volume of metallic
money resulting therefrom, relieved
this distress and brought in its stead
prosperity. Prices rose
business flourisned. producers prosper
ed, and all were happy. Substantially
this condition would have continued il |
both the previous metals had been al |
lowed to remain in use as money. be- |
cause they We're found in nearly SUM- |
Gent quantities to increase The volume |
of money IN proportion to the develop +
ments of business. Wicked conspiraey I
however deprived one Of them of this i
junction. This was done with the de-
lberate purpose Of raising the value Of /
ne other by rendering the supply Of /
metallic money relatively scarcer. as T
compared with the demand
FROM the consummation Of this
srime. mankind has suffered commf
,ial disaster and social distress in all +
most constantly Increasing measure. In i
10 the growth Of the arts
md civilization and expansion Of com
nerce. business and industry. the III.
adequacy OF the volume Of gold Il felt
Is scarcity il emphasized. its value in
-reased.
The repression Of life and happiness.
shieh is inseparable from a long course
[ declining prices now has checked de-
elopment and, i continued. Mill nlri-
4ately stiIe civilization. An eminent
.merieaH. President Andrews of Brown
University, some years ago said Cur
atIona1 debt. on Sept. I. 1855. was tesa
ad thEee-qu quarters billions il could fhsH
ave heen Fa.8 off with eighteen million
bal@s af cotton uf twenty-five mill b 1
7ns ~ bar INN When IL hsHl beAa se-@
need T. billion and a quarter. thirty
llltan bales IF cotton. Hf thiHts -fz=s
3alic1 taas II iron would baEe hasE
squired Ia pay It. III other words. .ehz.a
nominal ShraAaEe n about 3 rsg
~. had taken place from fha debt. az
1easuFed Ia each II these ts5 a4ff4
.aples Il had actually been enlarged -
: per cent
AfthquEh more than hsIf th# rH#aH#z
AZ gt this @aarfu lis debt and EKer2 @.at
accumulated interest had H5se satfI
y the labor " tHr t-H8#a states sh4
s. lawF- g# Hh4s n##HFf4 af4#H d il z4F.=ss#