Rocky Ford enterprise., 1901-11-08
ANOTHER WANpERER RE- q
TURNED.

The return of Senator John l.. Jones
OF Nevada To the Republican party Is
an occasion OF more than ordinary In
tcrcst. He Is pretty nearly the last
OF those senators OF any influence who
went out OF the Republican party on
the silver question. He Is the most
learned OF them all. His personality Is
the most winning: he Is about the only
one who seemed 10 feel no uglines or
bitterness, and whose relations with his
colleagues continued as personally cor
dial ms ever while he was separated
from them politically. lie Will he wei.
coined with open arms. AS long MS lie
remained In the attitude OF partial an
tagonIsm To his old party. there was
some possible foundation for Silver Re.
pubiicanism. so-cailed: but his declara.
tion takes away the last possible rca-
son for the existence OF anything call
Ing itself by such name.
Senator Jones WAS the ablcst ana
most scientific speaker OF all those
who discussed bim.ialllsm from the
silver side. His arguments Were strong
and his weight WAS felt even by those
who We're convinced that lie was
wrong In his conclusions. The whole
Of this part OF the country, practically.
was with him In his contention that
with the amount OF the precious metals
as they then stood. and the regular
yearly gold production OF that line.
there was not enough gold In the world
10 make safe basis for values. The
pyramid seemed TO he standing on Its
apex. The adoption OF the gold stand
nrd seemed to be n deliberate discard.
ing OF more than half OF the founda-
iion OF our monetary system, and an
Invitation To financial disaster.
But times change. and wise men with
them. The conditions OF to-day are
very different from the conditions Of
lsa:i. and vastly different from the con.
ditlons OF isI3. The gold production
Of the world has doubled ani trcbici
and Iundrupicd: the metallic basis Of
the worlds money Is as great In
amount now rs IL would have been u
few years ago II both gold and silver
had been used In Its construction. As
Senator. Jones says. In his letter an.
nouncing his return To the party. THE
enormous output of gold has accom-.
plishcd what bimctallism would have
accomplished. The silver issue Is
dead
Senator Stewart. Mr.. Joncsis col.
league. came back To the party last
year. and did very effective campaign
work with both voice and pen. Stew
art has always been more impuisivc
and quicker In action than Jones, and
rs he had been more aggressive on the
silver side. 80 II was TO be- expected
that his return would he sooner and his
reaction more violent. The two men
are most remarkable pair. Nevada
has been called pocket borough. AMI
everything else that men could lay
their tongues to: but no state In the
Union has had so able a pair OF scpn-
tors In Washington for 50 many years
together ns Nevada. They have not
been able to accomplish as much ns
they used TO during the last few years
or account OF their severed relations
with their party: but their ability has
been recognized by every one. and their
sincerity. too. to n great degree.
We were nearly all bimctallists In
Colorado in 1S9G-cvcn those who stood
by the old organization and voted for
Mckinley the first time: but It Is the
part OF wise men TO recognize changed
conditions. Time ought to mellow the
judgment. We may have proved to
ourselves conclusively In 1S9G that
gold could never afford u safe basis
for the foundation OF a worldwide
monetary system: We may have said
some sentimental things about the in
hcrcnt and inalienablc right of silver to
an cquality-at the rate OF sixteen To
onc-with gold: we may even have said
something about its having been the
Intention OF the Almighty to have the
two metals used together. from the
way in which they are found In the
bowels OF the earth. But we know now
that some OF this was cngcndcred by
the heat of the moment. and we can
see things differently since the main
foundation for the argument for bmet-
allism-thc comparative scarcity OF
sold-has been undermined In Cripple
Creek and South Africa and on the
sands OF far Alaska. When Jones saye
the silver issue is dead. 1t Is dead In.
deed. and without hope of n genuine
resurrection.-Color Springs Mail.