The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-08-18
HOUSTON. FRIDAY, AUGUST rs, IsDo
Ten PAGES TO-DAY,
A BRui<ES PLEDGE.

The gold standard organs are making
much OF the report of an investigation con-
Quoted by committee of parliament into
the monetary affairs of India. in which
the conclusion was reached that it was
not practicable to rehabilitate silver there
under existing international conditions. In
consequence of that report. Lord George
Hamilton, secretary OF state for India.
announces that the gold standard will be
adopted for that part of the empire.
Practically, for that matter. the gold
standard now is established in India aud
has been for several years past. 1t is not
an extension. but a formal recognition of
existing conditions that Lord George Ham
ilton coutemplates.
But there is phase of this report that
is not discussed by the gold organs in this
country, and that is the suggestion that
England the United States and France ia
the chief reason for not attempting In
India alone the rehabilitation of the white
metal. II these three countries would en-
ter into an agreement for the double stand
ard the committee think 1t would be easy
not only to accomplish the restoration OF
silver in India, but throughout the world
1t rather regrets the fact, however, that
such an agreement seems impossible owing
to the now hostile attitude OF the United
States toward silver, Joined with the back
ward disposition OF France and England
IN xufn ha A. ~
can party in its platform of 1896 declared
that 1t was opposed to the free coinage OF
silver except by international agree
ment' With the leading powers. which
agreement II pledged Itself to promote, "
The interesting question arises Just here.
as 10 how many thousands of honest re-
publicaas, VINO are friendly to silver, were
induced to vote for Mckinley by that
pledge and under the conviction that an
International agreement was compare
lively easy thing to consummate? Ex-
Senator Dubois thinks that enough honest,
well meaning men were misled by the
republican platform and by republican
promises in elaboration of the platform,
to materially affect II not TO change the
results of the election, There can be no
sort OF doubt that great numbers or both
republicans and OF democratic boilers
were deceived by the promise OF the pro-
motion OF an international agreement.
The republicans never have kept that
promise. True they sent rambling COM
missioner, In the person of Senator Wal
cott to Europe to sound opinion over
there, but not a solitary earnest and honest
istratioD to redeem its pledges. On the
other hand. from the very beginning it has
been urging upon congress to fasten the
tighter the gold standard upon this coun-
try.
And yet this committee of parliament
has ntimated that an international agree
ment between only three nations is enough
TO restore silver, could have possibly been
consummated II the United States. now
rapidly becoming the money center OF the
world. had strenuously fought for It, and
that India must go to gold standard be-
cause we have aided 80 powerfully in strik-
ing down the double standard! Now that
wa have become world power" our rep
reservations would enjoy far more weight
and prestige than formerly
And what are these deceived voters going
to do about It? VIII they acknowledge
themselves buncoed and next year again
grasp the hand that misled them, or Will
they resent the broken pledges in the
premises and vote for an honest and candid
and patriotic democracy?