El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-07-13
SENATOR THURsToN has no doubt

SENATOR THURSTON has no doubt
allowed his personal preferences to in
trude 30 far upon his judgment that he
cannot believe that the republican
party will declare for the gold stand
ard fairly and squarely. He implies
that good many republicans would
leave the party if the bimetallic Chi
mera were sent to limbo forever along
with other foolish dreams. We do not
believe it. The repu blicans would not
sacrifice their party for a vain theory
The free coinage howl is not based
on any principle of finance, economics,
or the experience of nations but began
as the expression by part OF the peo-
pie of their desire to reproiate their
honest debts and get something for no
thing. The mass of it's advocates are
merely personal adherents of Bry an and
know nothing whatever about the real
question at issue. The republican
party cannot afford to take two faced
stand on this vital question. The party
ia committed in teaching and practice
to q single gold standard and it should
in its platform come out fairly and
squarely for the gold standard and
permanent and stable money and bank
ing system. AS matter of fact there
is good reason to believe that a move
ment is even now on foot to commit
the party irrevocably to gold at the
next ssion of congress-, preparatory
to the national convention. A specia
dispatch to the Globe Democrat states
that q specific declaration for the single
gold standard 1s contained
in the financial bill recently
drafted by a republican caucus COM
mittee of the house at Atlantic City.
It Is intended that there sh all be d.
rect vote in the house on the question
of single standard, and that this &C
tion shall pave the way to plank in
the platform of the republican conven-
tion next year, committing the party
to gold. Speaker-to-be Henderson
consulted freely with the president
during the past week, and the PROPOSE
ton OF the caucus committee is under
stood to be in line with administration
policy. The subject was very thor
ouehly discussed at the Atlantic City
conference, and while there were many
details of the proposed bill which did
not satisfy all the members OF the con-
ference there was unanimity of agree
ment upon this gold standard declara-
ton. Western members insisted that
their colleagues would not bolt from
the party when the test came. The
senate is the crucial point for the
bill, but even in that body,
with it's unusually large republican ma
jority the measure is said to be safe.
Senator Chandler is the only republic
can thus far who has definitely stated
that he will not vote for q single gold
standard bill. Senator Warren, of
Wyoming, who was in Washington q
few days ago, and whose position is OF
interest on account of the silver senti-
ment prevalent in his state, said that
he hoped the new bill would contain
clause favoring the larger use OF silver,
whenever other nations took the inttia-
tive in that direction. 1t is probable
that paragraph of this nature
which, in fact, means nothing---will be
lQCOTpOrdb6u III GuG I'LL, 10 IL WILL Gd
tisfy the western contingent, and will
incorporate against the purpose OF the
measure. If it is not Incorporated,
however, Senator Warren will proba-
badly vote for the single gold standard
declaration. In fact all signs point to
a squarely defined issue in next years
campaign on the money question, with
the republican party pledged to main
tain the gold standard. AS for this
paper, it is now and has salways been
committed to the maintenance of a
sound currency, and it believes that
the gold standard is the safest aud best
at the present time; the silver stand
ard would mean national degradation,
and practical bimetallism is impossi-
BILE.
GUATEMALA is in serious trouble. A
l.