The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1899-06-06
THREE BIG ISSUES CONSIDERED
PRESIDENT BIMETALLIC LEAGUE
SAYS NONE WILL BE sLIGHTED.
silver. Trusts and Mintnrism VIII BE
Prominently Displayed in Next
Democratic Platform.
81. Louis Rennhllc.

ST. Louis Republic
washing on, June SIX Representative
Warner of Ohio. president of the Bimetal-
lie League. and one OF the most pronounced
silver men and supporters OF Bryan in the
country. was in Washington today and
said some things concerning the issues In
the next presidential campaign.
He declared that the combinations to
control tho industries of the country pro-
scented problem of prime Importance the
ultimate solution Of which no man could
now foretell The trUs, movement. he said,
was progressing with giant strides
Within short lime the country would
awaken to The existence OF three stipend
Gus combinations, working together aud
controlling minor and contributing trus 5.
First there would be a combination of the
great lines OF transportation, next in I'M
por'ance, and ultimately controlling the
rest the banking combination, and, third
the great iron ana steel combinations
THESE he said, We're all in process OF
compiete promo ion, aud IL would NOS be
long, IN mis- Judgment, before these com
binaionH would represen, a capitalization
az a thousand million dollars. The minor
trusts would be controlled boy them, lribu-
tary TO them or working along the same
line They would reduce the amount o.
labor employed and determine the price O.
the product which they controlled destroy
lug competition
His declaration with respect to Bryan
ana the issues Was particularly significant
IN view OF his relations 10 the BRYAN free
silver movement Recognizing the exist
en2e Of determined effort In certain quar-
tiers 10 defeat Bryan, he said:
Bryan has lost none of his strength
with the democratic party. The money
question has lost none OF its Importance
while, at the same time, no doubt. Other
questions OF great Importance have arise /.
And on the money question, inasmuch
as an effort will be made at the next ses-
sion OF congress TO retire the greenbacks
and turn over TO the banks entire control
of paper currency, this phase Of the money
question Is likely 10 attract mere atten-
tion for the time being than the silver
question,
None the less, they are deceived who
| think that the silver question has been
finally settled. There is much wisdom IN
the reply OF the Scotch Hlvine 70 his con
| gregation when they wanted him TO pray
Tor rain.
Yes when the wind gets IN the right
quarter.
The wind may not be Just in the right
lNaAttA AbA pressing Aue SllNeF ISSUE but
II VIII get there The rapid and uneXpect-
ed increase in the production OF gold has
had, so far as It has gone. the same effect
that the restoration Of silver to coinage
would have had had II been restored, and
there had been no increase In the produc-
tion Of gold but It does not follow from
this that Il Is safe TO rest the worlds
money supply upon the sporadic pro.
duetion OF single year or siusle Pc
rlod.
IT would be no wiser TO rest the worlds
monetary system upon the present output
OF the African sand reefs or the frozen
klondike gravel than in 1910 TO rest II
upon the new discoveries OF silver OF Po-
tosi, in Mexico. or in 1850 TO risk every
thing on the gold placers of California
and Australia.
There has been no period In all the
worlds history whom the supply of money
from mines has been so In excess Of needs