The Monte Vista journal., 1899-12-23
DENOUNCE THE BILL.
SILVER REPUBLICANS HEARD
FROM.
Lsadsss Issss A. AdArsss Psasta.s Ost
tie weak spots n the New Cssrssey
Measure.

Washington, Dec. 19-After the pass
age to-day by the House of the anan-
cial bill, the Silver Republican leaders
In the city held n meeting and adopted
an address setting forth their views ~
to the effect. The address IL ~ fol.
lows:
ITO the Members Of the Republican
Party who still believe In bimetal-
Ism:
1.-THE passage by the House Of Rep
resentatlves to-day of the gold stand
ard and bank currency bill exactly as
agreed upon by the Republican caucus
and without the opposition Of a single
Republican vote. marks the culmina-
tion Of a policy long and carefully pur-
sued by certain influences In control Ut
the leadership Of the Republican party
and justifics the action OF the men who
In 1895 refused to remain In that organ
ization after the adoption Of the st.
Louis platform.
1.-THE Republican national platforms
OF 1883 and 1892 have been uneHuivo-
cally In favor OF bimetallism and the
use OF both gold and silver as stand
ard money. Nevertheless, II was apra-
rent several months before the assem-
bling OF the national convention Of
1896 that the machinery Of the Repub-
lican party had passed wholly into the
hands OF the banking and creditor In
terest. and that 1t was the purpose of
the latter to commit the party to the
advocacy and achievement OF the gold
standard. Against this danger the un-
dcrsigned. and many other Republican
blmctallists. at that time vainly at
tempted to arouse the masses Of the
tt.,,
privy TO the scheme, denounced our
fears ns unfounded or simulated and
by skillful use OF catch words and gen
| eralities succeeded in forestalling any
widespread comprehension OF their de
signs. When the convention met n sim
liar Ingenuity governed the framing
OF the declaration on the money qucs-
ton. Its essential part was as follows:
1--WE are therefore opposed to the
free coinage Of silver except by Inter
national agreement with the leading
commercial nations o. the world,
which we pledge ourselves to promote.
and until such agreement can bc OBJ
tained the existing gold standard must
be preserved. All our silver and paper
currency must bc maintained at pari-
ty with gold. efc.'
ut Is strange that 80 manifest an In
sincerity should have decided anybody.
Clearly, II the gold standard was de-
sirable. the free coinage of silver was
undesirable. however secured. IL tie
gold standard was right. free coinac.
must bc wrong Nobody could intelli-
gently and honestly demand the in
ternational free coinage Of silver and
nt the same time express such em-
phatic satisfaction with the gold
standard M an alternative. AS mat
ter Of fact, this declaration was intend
cd rs n definite assurance 10 the spec
ulativc banks and their allies that the
Republican party, II successful In the
election. would proceed with all polite
speed to the cs,a Enlistment OF the sin
gle gold standard In all Its rigor. The
promise to promote the International
free coinage Of silver was never meant
TO be observed In good faith, yet 1t
proved n good enough slogan until af-
ter the election Relying upon It. en-.
forced Ms II was throughout the west
crn and central portions OF the cOun-
try by the editors and orators OF the
Republican party. millions OF voters
were held In line for the ticket. for. ms
stated In the Republican campaign text
book for 1892. the Republican party
was 'blmctallic party No one whose
political Judgment has the slightest
weight will deny that a frank pro-
nounccmcnt for the gold standard In
that platform. or n straightforward In.
,srctation Of II by the Republican
candidate for president ms meaning the
gold standard and nothing else. would
have elected Mr.. Bryan by nm over
whclming majority. To construe the
election Of 1870 ms n mandate by the
American people for the establishment
] - lao l,r g. 90 10,
political goods under false pretcnscs.
AS soon Ms the election was over
and tho fruits OF this chlcnnery had
been gathered the great Republican
newspapers began to discard their con.
veni,nt antiquities about sound mon.
ey and honest money and 10 claim
the result ms definite verdict In favor
OF gold. These uttcrnnccs Increased In
volume and precision ms the advent Of
the new administration approached.
The President. also. although not able
nt once to form the habit Of dircctncss
In speech. soon showed by his actions
that he no longer considered the pre-.
election construction of the platform To
be binding. His appointment ns s.crr.
tary OF the treasury perhaps the most
conspicuous gold standard advocate
, among the great bankers Of the coun.
try was obviously not especially de.
signed to promote any kind Of biincf.
niiism. To hc sure there WINS sent
abroad the alleged international none.
tnry commission. Unless the hoax was
. to be openly confessed. this was the
least the President could do. Hut fer
fear that. after NIL. foreign govern.
mcnis might take the procedure scrl.
ou-ly, he sent To Congress In July. 1897,
nt the very moment when his commits.
sion's proposals wcr" before the Eng.
lish cabinet. n special message recon-
mcnding III" so-cnliesl Indlnnnp polls
monetary convention plan with It's pro.
gram of the single gold standard m.
tircincnt of the gr'~nbacks and cxtcn.
rions Of the powers. privileges and In.
muniiic~ OF the national banks. Mean.
time his secretary Of tho treasury was
declaring IN Interview nftcr Interview,
most of which We're carefully r"pro,iuc.
I'd In Europe. that bimctnliism Of any
kind. interest or otherwise. was not
only impossible. but undesirable. OF
cours" no serious negotiations were
possible nficr NIL this. The inirrnn
tionnl commission became mn intcrpn.
tionni joke. 1t folded It's tent like the
Arab and silently .toi" away lia dis.
tinguishct nnd di.comhiri chairman, I,
sough, rnriy opportunity In tho Scnnt~
to explain It's fniiur" In speech which
: neither his diplomatic nrtlnccr- Of rl,ct.
oric nor his dcnuncia,ion of tho sccr~.
tary Of the treasury could hide r~.pon.
hitlfy of the official head Of tho nd.