New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-10-28
J. D. WARNER AND SOUND MONEY
MEssRs. FAIRCHILD AND SEXTON REPLY
TO THE LETTER OF 1. N. sELIGMAN.


TO THE LETTER OF L N. sELIGMAN.
To the Editor of The Tribune.
0lr' Mr. Isaac n. Seligman. of this city recently
caused to be published a letter written by him in
which he takes exception among other things -
the personnel of the Sound Currency C,or,tt
tee of the Reform Club
as NOBODY can or desires to compel Mr. Selig-
man. who Is not member of the club To subscribe
- the work OF that committee unless he wishes
10 do So the publication of his letter. which ex-
presSly admits the unquestionaby good work that
lhe club has been doing" is obviously intended 70
deter others from so subscribing
Inc Sound Currency Committee welcomes and
appreciates the support and contributions of all
VINO are interested in its work, but its course Of
action never has been. and under existing condi-
lions VIII not be- controlled influenced by pecun-
airy considerations When funds sufficient 10 carry
on It's work are no longer obtainable from those
interested the work will be limited suspended or
abandoned-in which event Mr. Selfgman as we'll
as others, might some day have reason 10 regret
the fact
The existing patchwork financial system of our
Government is unscientifc, unsound and Inadequate
II must be reformed upon safe and scientific lines
or II will some day destroy itself with great re-
suting losses, hardships and distress TO our peo-
pie Such reformation can be brought about only
by intelligent legislation and this can be secured
only by persistent and organized educational efforts
Without any desire to magnify its Importance it
may fairly be said that the Sound Currency Com
mittee OF the Reform Club is to-day one Of the
most widely known and influential organiza tons
OF permanent character devoted to such educa
uonaI work. Much Of its strength is to be found
in the fact that it has endeavored so far as possi
pie to be non-partlsan. 1t has welcomed alike
and has received, the assistance and cooperation
OF Democrats and Republicans
II would be a grave misfortune at the pressn+
time when the money question has unfortunately
oeen made the football Of party politics to drive
from the ranks of those who believe with Us on
this subject men whose views upon other matters
differ from own.
Moreover it ought to be a cause for congratula-
ton and satisfaction that among those who have
actively identified themselves with the so-calIed
Democratic party in this campaign because Of their
oisapproval of the of administration in other
matters there are to be found some men of prom
lnence ability. integrity and influence like Messrs
Warner and Shepard whose views upon the money
question are sound-and aggressivey southland who
can safely be counted upon and hereafter to
the mistakes and heresies OF the past few years.
toward sounder and safer doctrines
Is IL not better TOO. for the that those
who have been conspicuous champions Of sound
Surrency In the past should be generally known TO
IN 1895 as evidenced by their remaining on the
sound Currency Committee than that they should
appear TO have changed their views by resgning
Mr.. Warmers position on the money question is
to-day what II was four years ago. The fact that
port he presef I 1,no me cdIof t SUP
have beer able 10 Judge impaired in any
way the efficiency of the work OF the committee.
which is educational rather than political; is it
likely to do
It is perhaps much 10 say that few II
any. have done more and sacrificed more. reIa-
lively speaking. IN the interests of financial reforms
In this country than Mr. Warner. He was one Of
the first in pubic life TO foresee the be-
tween the advocates Of free silver and sound
money. He was the originator, the most active
Committee Of the Sound Currency Committee Of
the Reform Club. Prior to and during the last Ma
tonal campaign ne labOred necessarily and effec-
lively, with tongue and pen his personal in
defeat of the free silver candidates secur-
ing OF the passage of the SOcdlleG Gold Standard
act. From limited resources, and out CT all pro-
portion to his TeVuted means. he contributed most
generously in time and money 10 aid the commit
tee in its work Among the very first he early
dared to stand with small minority and speak
out boldly in favor Of the single gold standard.
when many from whom better things might have
been expected timdly, ignOrantly wantonly
preaching bimeta llism
To those who know what ne has done for the
or apologies; but as others might be misled by Mr.
Segmars letter have Ventured 10 say these
few words in his behalf
Personally. the signers hereof in common with
most of the members of the Sound Currency Conf
mittee. opposed TO the election of Mr.. Bryan
We disagree with Mr. Warner and Mr. Shepard
as 10 the relative Importance Of the issues and
alleged issues of this campaign. Nevertheless.
cannot in good conscience remain wholly silent
when the committee of which officers and
individual members Of that committee we
believe, attacked unjusty and in a spirit of into-
eranCe, which ought to md support among
thinking under republican form OF govern
ment. CHARLES s. FAIRCHIBD,
Chairman Executive Committee.
LAWRENCE T. SEXTON,
Chairman General Committee
New York Oct. 81 1900.