The Savannah morning news. (Savannah, Ga.) 1900-current, 1900-09-04

used and that YOU Sir. Secretary. actu-
ally do 80 use u for the evident purpose
OF Alarming the business community and
the posse ssing classes generally.
Questionable Action.
I hardly need 20 say 60 you that the
spreading OF false alarms OF this kind h.
a very questionable and reprehensih,c
thing for anybody. and espec ally for a
Secretary OF the Treasury And call
your prediction OF the possibilities spcci-
ned by you and Of the disasters sure 20
follow a false alarm for very simple
reason. Whoever may be elected Presi-
dent on Nov. 6. there will be another ses-
sion OF Congress before he will take Of
fee on March I. 1901. The Republicans
viii have strong majogities IN both houses
OF Congress. The executive. too. will b.
IN their hands They viii. therefore. be
able 20 make such laws as they please
They viii thus have fun power aud am
pc opportunity before the Inauguration
OF the next President 20 pass any legiH-
iation required 20 make Il utterly inn
possible TO any President 20 break down
the gold standard In the way YOU Mr.
Secretary. describe In your interview. A
simp,e enactment IN two or three lines
substantially providing that Il shall be the
duty OF the Secretary % the Treasury 10
pay In gold or silver. at the option OF the
creditor. All KINDS or Indebtedness - the
United States now payable In coin may
be sufficient. Ana II there should be an
other flaw IN the present law dangerous
70 the gold standard in any other way.
you. Mr. Secretary. able finaueier as you
are. viii surely detect Il. and find a leg
islativo remedy ana have II ready In tho
shape Of wcll-matured bin to be sub
mitted 10 Congress AZ the opening OF the
session In short. tho Republicans cnu-
trolling both tho legislative and the ~.
ecutive branchss Of the government. viii
next winter have ample power and op-
poriunlty 20 DO what they ought T. have
done at the last session--to put he cur
rency law IN such a shape that the gold
standard cannot possibly be shaken by
executive aciion. no matter who may oc-
cupy the pros'aentini chair-and thus re-
move, 10 that extent at least. the basis OF
our monetary system from the change
ful game Of party politics.
wan the Republicans no ~.
Do you see any reason Tor doubling that
Congress al its next session will 10 thls2
II u quite evident that. n there ~ any
substance a. al IN your predictions Of ais
nster. the Republicans In Congress cannot
refuse 20 do q without proving that the
professcd solicitude OF che Republican
party for the maintenance Of the gold
standard Is arrant hypocrisy. But n
there be- any wavcring, I am convinced
public opinion will. in case OF necessity.
compel them 60 take the necessary steps.
You viii thus have 90 admit. AR Score
tary that when you sounded your note Of
alarm, you had overlooked the most i'm
portnnt fact that YOU AMI your party
friends. that Is. the Republican majority
ln Congress. led by the administration Of
which you form 20 influential a part. will
b. able easily ana promptly 10 remedy the
defects Of the law which you have de-
ecribed az source OF terrible danger.
aud therefore your note OF alarm WAS. 90
say the least a mistaken oue. II may sug-
gcsi Itself TO You AZ a matter worthy OF
grave consideration whether you should
not retract what you have said Ia iiir-
ness 60 the business community. which
should not be unnecessarily dleQuleted. cs-
pccially not BY those IN authority. 8rn
sure many Of your fell0w-citixens are
anxious 90 know what you may have 90
say on this aspect Of the situation.
Very respectfully,
. aehttw-