The Maryville times. (Maryville, Tenn.) 1884-1944, 1899-10-14
FACTS ABOUT GOLD.
MISREPRESENTATION by the Democrats
Which Stager Intelligent
People.

The resolutions of the Nebraska dem
ocratic convention, prepared by Mr..
Bryan, contain the following remark
able assertion:
1.-The gold standard is less defensible now
than it was in 1896, since the president has
confessed its failure by sending a commit
tee to Europe to secure international BIZ
metallism, while the inability of the COM
mittee to secure foreign aid Is added proof
that the people of the United States must
act alone if they expect relief"
Fair-minded people who credit Mr..
Bryan with intelligence and try to be.
lieve him to be candid are staggered
by such Internationally, that the
president has confessed the failure of
the gold standard by sending com
mission to Europe to try to negotiate
international bimetallism. The state
ment involves not only a fa.sehood, but
one that will mislead no person who
keeps record of political action and
declarations. The republican party
very generally held to international BIZ
metallism in 1880, when Gen. Garfield
was president. At that. time the an.
nual output of the worlds gold mines
was not over one-third of what it will
be this year, and the output Of silver
mines did not appear to be limitless.
They favored international bimetal-
lism because of tho general belief that
there was not sufficient gold to supply
the worldwide money of commerce.
Conference after conference failed.
That selected by Gen. Harrison when
president made it very clear that no
leading nation in Europe was real y in
favor Of bimetallism. When the re-
publican national convention met wi ich
nominated Maj. Mckinley, consider
able element asked that the platform
pledge the party's candidate to send
another commission to see what could
be done for international bimetallism.
1t was done, and in accordance with
that pledge, the president named a
commission. Meantime the output OF
the gold mines was at the rate of nearly
$75,000,000 year. This year it will be
greater than the output of both metals
Is years ago. Because of this fact re-
publicans saw that there was gold
enough to supply the world with a
money basis. Consequently, they took
little interest in the Wolcott commits
sion. In other words, the wonderful
| increase in the volume of gold has made
most republicans and many democrats
believe i'm single standard - gold.
| They see no need for silver, even if it
could be so coined as to pass on an
equality with gold. In other words,
such men have made progress, marched
on beyond the belief that silver is use
| full as money except as it is tied to gold
On the other hand, the Bryanites have
been marking time, blindfolded. They
see no change since 1896. Republicans
do. The fact that more than three
times as much gold will be mined this
year as in 1886, and nearly twice as
much as in 1896, convinces most intelli-
gent men that there is enough gold
for the standard money of the world
at the present time, and that three OF
four years hence there may be toe
much. The republicans have kept prog
ress with the years: the Bryanites
have marked time with their faces to.
ward the past.-Indianapolis Journal