Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1898-11-01

80 u,
leo ana China have (been degraded and
| most previously injured by the use OF sill
yer. If they be right on this point, then
viii not do >l any substantial good at ali.
| And again we ask. what do they want
| of an international agreement? Ny Judg-
] to favor International bine-allism really
| care anything about it. Some we know
are absolutely opposed to 1t and merely
| pretend TO favor International bimetal-
| ism as a means of heading OF free coin
| age in the United States There are 9TH
i ers who know. little or, nothing
s international binetallfamr because
! some of the financiers do. Those
people in this country who actually and
ment for the restoration OF silver. are.
| believe, comparatively Few. / think that
| Senator Chandler is one. His speeches
| sion of the question: There are very few
| free coinage men in this country who
| have given utterance to a stronger indict-
ment OF the sold standard than we md in
| Mr.. Chambers speech delivered in the
/ United States Senate in February, 1877.
| Reading that speech carefully through,
! it is Impossible TO resist the conclusion
that Mr.. Chandler is at heart just as
much of a free silver man as Mr. Bryan
or Mr.. Towne or Senator Teller, but that
| for some reason he does not feel at lib
| erty to take that advanced position. what
! he says in adverse CRITICISM OF the Tree
| silyerites seems TO be thrown IN Simply
|
| pie, but you can search Mr.. Chambers
| speech from beginning TO end ana you
cannot find single argument or anything
| which even squints in the direction OF ar
| gument against the free coinage OF SILVER
| by the United States. He does not at
| tempt to make one. He simply paints
| black and forbidding picture of the de-
| plorable situation into which we have
| been forced by the adoption OF gold mon
ometallisIn, and he says with far more ore
| truth than is agreeable to the most or MS
| party associates, that no political or
! Sanization can advocate the gold stand
ard as permanent monetary policy Tor
! friends, if the gold standard be the fell
| destroyer which Senator Chandler de-
| scribes it to be, what it the plain, common
sense thing for the American people TO
| do? Hasten to get away from that stand
ard just as quickly as possible How are
we going to do it? Some OF our oppo-
| nents say by international agreement.
f., We answer to them. bring on your agree
| ment. We are rolling no stones IN us
way. But suppose you 90 not ger II,
! American people for ali time to the dread
! full injuries and wrongs which accorolng
( to Senator Chandler, President Ana lo'S,
| and the late lamented Francis a. W ak
| er, the gold standard entails upon theHl.
| There IS net the slightest posslolllty
that We shall ever be able to get an inter-
/ tory to either party. We have made I'VE
! attempts. The last miserable talure un-
should be sufficient evidence to the great
| laboring and producing classes or TINS
country that Great Britain will continue
to laugh to scorn any propositon b 1EoM Is
lism. Great Britain will not become
a party to an agreement, even
to the extent Of reopenllng the , East T IN,
| silver men are ready to act IN concert
with any foreign nation or nations or
for that mater, to act alone, put me , soaq
men insist upon an agreement with what
| they term the great commercial nations,
| Of which Great Britain is the rlchest ana
financially the most important. Inc pres
| ent British ministry processes to be
strongly biinetallic in sentiment, anc se11
| it is a matter of common ana general
pressure of the money classes OF London
! and absolutely refused to do anything.
Such being the case, what can we reason
| ably expect when the present British min
Istry gives way to one which is openly
and avowedly in favor of the gold stand
! ard? SO far as England is concerned. the
people are rolling in wealth, but her
masses are sunk in hopeless and help-
less poverty" Republicans. again listen
and heed for the above statement as to
! the condition Of the people of England
| fell from the inspired lips of your own I'M
mortal James G. Blaine, Senator Chand.
an agreement with the silver using coun-
! tries, and he urges the Republican party
to take steps looking to that enc. we
may rest assured that the Republican par
! AN''AN' =
ment with the silver using countriefS
would amount to nothing, any way. with
the. exception of India they are alreaay
f. and an agreement with the United states
would not enable them to take any more
INDIA, AS WE HAVE SEEN, WILL DO
| NOTHING.
If we expect to accomplish anything
! for the relief of our people from the
| grinding and running influences OF the
Constantly approaching and running gold
standard, we must CO i alone. Nov tn3at
| to an International agreement in such an
| unmistakable and convincing way, every
| American citizen should be convinced:
and let me tell you what was said by one
| of the greatest advocates or international
! bimetallisn the world has ever known,
! Henry Cernuschi. During the Presiden-
tial campaign OF 1895. when Mr.. Mckinley
| was running on a platform that favored
| the free coinage of silver by international
! agreement. Cernuschi was alive and aid
| the restoration of silver 10 its place In the
| monetary systems of the world. He was
in hopes that MIR. Mckinley could success
| fully carry out the Republican platform.
| He did not live to see the miserable fall
ure that stamped the effort of Mckinley
| after he became President, but this is
what he said should be done by the Unit
! ed States in the event President Mckin-
J ley did not succeed: But II 1 were
convinced that Europe, by reason Of Eng
! lands attitude, is fXedly hostile to the
| establishment of a monetary parity be
| tween gold and silver, obstinately reject
| ing all ideas of international bimetallic
| agreement then l should cease to be an
international metaillst-wnich nearly all
my friends in the United States are-and
go over unhesitatingly to the camp of the
silver men.
LAS a matter of fact, in its present
| economic situation, the United States of
America, that great and youthful nation
| suffers much more from the merciless
conflict that has been in progress between
sold and silver since 1873, than England,
| a very wealthy country, creditor of the
rest of the world. possessing resources of
! every kind and enormous financial re-
| serves, which enable her to endure with
| comparative ease the economic competi-
| ton of those nations whose monetary
| standard is deprecated in regard to gold.
like the countries of the Far East Mex
leo and the Argentine Republic.
! The present monetary policy of the
| United States is consequently very ad-
| vanta geous to the interests of England, a
| gold monOmetaliic country, but it is ut
| terly ruinous as regards the foreign finan-
ciaI relations of the United States. and
| especially for its native producers.
| This is why, inasmuch as England'S
| attitude prevents the realization Of inter-
| half of the world to gold monometa ism,
| and the other half TO silver monom stal-
Itsm. I would not hesitate, were / a cit
izsn Of the United States, TO become-I
Cernusehi. the father of international BIZ
| metallism, as l am everywhere called-a
silver monometalist."
| svvr( 80