New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-10-30
sol NJ MONEY.

1t is not exactly the right time 70 STIR mp
agitation about gold standard BILL a. some
are doing who seem 10 believe that the Nations
currency is to-day sound only 10y accident nor
is il al all helpful to be told that the marrow
''margin of seven districts in the present House
s'was saved by the efforts of the indianapolis
rExecutive Committees" The claim that this
convention Of National bankers and their
friends prevented the defeat Of the Republican
party 4 year ago Is as untimcly a. it Is I'M
warranted Some districts were nOtOriOuSly
lost because il was believed that his interest
ana its peculiar currency proposals would be
served by Republican success. and how many
votes were lost for the same reason in other
Western and Southern districts cannot be de-
1efnncl. But the organization goes on. just
a. if il would br good thing 10 have Free
silver Democrat elected rather than any Re
publican not disposed 10 give the National
banks entire control # the currency. There
are literally millions of Republicans who are
not in favor Of such measures a. the lndianap-
oils Convention asked Int are nevertheless as
stanch and true Sound Money men n any in
tie country. ard if does not seem to be good
time t. affreui lhean.
Two Honuhii-am committees composed Of the
mon drcmcd most capable in the House ana the
Senate have carefully considered this subject
during the l4S' year. While il is not known OK
actly what tA'sc committees will report the
one thing which alr"ars certain is that neither
of them VIII propose the measure favored by
the lnd'lr1ral. convention. There ave no
better ror trGcg Sound Money men in the coun-
try than some Of tlr members OF these COM
mittecS l3nt fhry have at no time proposed 10
retire thc ss.cnhlcl,s in order TO make room
for ncrc bank notes and probably never will
A l.carlt,ry hin making gold the only stand
ard haS h,cn favored 10y some. and the bill per-
hitting issues # bunk note. against the full
par yslrr OF bonds deposited a> security has
boon favored hy others. and The President has
formally recommended that legal tenders once
redeemed SHOULD no. lc issued except for gold
d,po.ifcl But uot ore of these measures aIr
nroo.hcs Tie scheme Of ihc convention. which
H. po~iLHMous cmpioy'S represent AS 'hhhodl
Inc nj financial wisdom.
plain Speaking On his subject may hell
to,,arl ,aod results The country means Il
have absolutely sound currency and 10 tla
end is read, to accept changes which VIII 70
dnce ~ far ~ possible The risk Of unsonndness
Pnt M declaratory or other law can make the
,nrrcncv son..d with Use Democratic party ii
no,vcr lis President or Secretary Of the Treas
mr.. could twist or di~tor' any law conceivable
So fer Us 20 render paper notes entirely vain"
Ie-. except fog the prospect that dih"ren
marty would presently secure control II j. were
fo,r,3lly ,ractcd that every note should Toe re-
deemed in gold coin Secretary could within
n fow months cupty tAr Treasury so tha
va .reh r.lrmuion would be- possible" ~
etatuta can bind future Congress and Dem
ocro,ic Corercs, could m any moment orde
coinage # silver dollars exchangoaOlc for al
outstanding notes. There is absolutely no wa
70 bind tie hands of n Self-gOvorning people
Constitutions never have done that thing ant
never win. The only way 10 BIZ safe is 10 kee
safe men in power.
Any so-called Sound Money ren who are Ell
taged IN carpng AZ the Republican parry o
irving 10 lessen public confidence in II sho" D
Molr acts that they care less for National ma
Tor partisan interests. The Republican party
to conposcd that IT would be utterly impossibl
Yor = Republican Administration or Congress
10 disbonor the currency. IN fact the greer
bocj, might be considered Republican not
bard failure 10 keep II as good as gold would b
MARTY bankruptcy, whether resulting IN Natonf