The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-14
THE POLITICAL SITUATION.
rrnm lhe Texas Farmer. !

they arc clad 10 get together again The movement is
that ought to be encouraged Yet Bryan loses an oe
cason to discourage and diseed No democrat whether
he with against Bryan four can speak
word in favor Of harmony OF OF the old leaders such
Cleveland, Hill and Waerson, without bringing him
self the wrath Of the Nebraska editor OF course every one
that the party fast moving from Bryan and his
views and that is we'll Mr. Bryan secs it, too and that is
what dstreses and him But he has capacity
yet for making trouble This being the 1t seems
fitting that all democrats should understand what
going and should realize that the for whom the
has made such tremendous sacrifices the past is at the
doing everything in his power prevent
from winning political battle in his lifetime"
Commenting upon this deverance. the Dal.Gal news
between whose conceptions of politics religion society and
all theories has nterposed the dolarmark flag draws
conclusions follows Bryan is very busy digging
his own political grave Bryans friends going TO tall
away from him stubborn and unsafe leader because they
will Suspect him Of efseeing democracys only chance
victory lis abandonment the new faacies and IRE
to old principles
OF course both these profess to believe that re
turn TO old principles is paramount to returning to leader
ship by OF the stamp of Cleveland, Hill, Waterson,
others that consped with the OF the world to
defeat democracy in 1896.
There is honest democrat who has studied the his
tory OF the who would vouch for the patriotism OF
Mr. Bryan who does not know that he would cheer
fully sacrifice his personal interests and ambitions for real
democratic victory; who would rather him
president than any other man Who is 10 be democracys
candidate in for conditions to decide He is going
to be hard End II prophetic ken accurate
historic knowledge and he had refused the second nom
nation and the nominee had been defeated Mr.. Bryan
would have been the logical candidate in Conditions
to the conclusion however that
third time would not be good politics II the traitors to
democracy in the last campaigns imagine however that
he will not be in evidence in the campaign leader
the leader in factthey violent haucination
Real democracy don't platform of principles upon
which Mr.. Bryan not stand a leading advocate 9th
erwise democracy can not win The old leaders referred to
fear Bryan of the people and anxious to com
his political humiliation, but will fail most gnomin
ousy 1t would be better for the country remain under
republican rule than chance that Of who deserted de-
mocracy in 1890 better have an open foe than enemy
disguised as friend
Real democracy should consider conditions candidy
Texas Farmer does believe the money question should
be issue not that disbeeve in bimealsm any
than in 1906 Conditions have changed the gold stand
ard has out democracy not responsible but should
await the end Of its experimental stage The people will de-
mand this enough of them will vote against the party
nominate republican. There is no humiliation to bmeta
list i'll this confessions there for congratulaon
to single standard advocate Conditions theo
es, have prevented the single standard from bringing dis
aster to the people There is convince the people
IN view OF our prosperity that bimetalsm would have
brought still greater prosperity Therefore will be wise in
democracy to the situation without concedng the
principle.
1t is pertinent to inquire what have been the conditions
to give the gold standard the sembanc of
theory? When the United States demonetizcd silver Eng
land the financial and commercial ruler of the world
nat sGepter mas almost II not quite been now transferred
to the United States At that time Great Britain stood al
most alone among leading nations for the single standard
Now all leading countries have adopted IT. At that time the
phenomenal increase in gold production had just begun but
not appreciated because in the years 1871 to
$50 gold production had fallen $Ioooooooo below that
OF 1861 to 1870 and 5000 from 1851 The
decennia periods prior 1851 far below these figures
For instance from Is4 1880 gold production of the world
not $4oooooooo 1891 IS4o less than $13sooo 900
1891 1890 less than In the decade however
1891 to the world production of gold was sGSssz6S
ducton 1871 TO 1880 comprehending the period when
demonetzed silver The worlds production of gold from
1892 to 1850 $50 years only $35s 1850
to 1900 nifty years 1t was $666ss32ooo In the decade
from 1881 to 1870 production $G34S4oooo; Is4G to
1850 S5o2oooooo After 1850 the periods went
billion dollars, while the ten years 1901 TO 1000 was
decade the output of the single year 1900 reaching the ama
ing inquire OF $3o4ooo ooo and in 1900 $256oooooo And
must he considered that the $50 TO 500
possible production OF South Africa these last years is not
included mining having been almost suspended by war
The point eNas Farmer makes that the in the
worlds production OF gold saved the people from the intend
ed dire effects of the crime of 1873 AS the increased pro
dueon OF gold maintained normal conditions at parity with
those existing prior characterization of silver the neon
have not known how much their prosperity was hurt bv
Under the financial aacy making all money redeemabe n
demand IN gold thus making possible the endless chain"
processes OF manpuaors gold only the definition but
the basis OF the value OF dollar Who can DENY that n add
silver TO this basis would increase the safe volume of ,o
IN the ratio which the total amount Of silver bears gold
mus cneapenng money The money OF nation should all
be legal tender and have clear dehnnon of value las for
instance certain amount Of silver or gold to he 81 the
basis OF value being the debt power the govern
mcnt Then the treasury should conduct its shop like anv
other man II the greenbaokes had defined their dollar
they had good financial theory.
While democracy may therefore contend that the oo,o
plank OF the Chicago platform is as correct in prncpe
as ever can also admit that changed conditions would
80. "i'"iss 10 now contend Tor enforcement OF that
principle ana leave the responsibility where belongs for
Whatever OF eV comes from the change single standard
WIN ms slight modification, the Chicago platform
@ usn io' any real democrat to stand upon and If de
mocracy nominaes man who can NOT thus stand The,
WIN 80 down IN deserved defeat The people must remem
per a inc EFFORTS Of factors like the daily papers quoted arc
uol 10 secure the nomination of democrat. They wan
what nNSht be called "Hamiltoniau democrat; srono
SoVetHent man fellow who believes in the potency n
,S , t capital otherwise trusts; fellow who woul
ieo~ VINO would reverse the democratic order and
an power TO the Federal head delegated to the States l.
'ner words real republican except as 10 protective tariff
70 ne United States dictator commercially TO IN,
ou ana tne republicans trying devise schemes II
p ng' protection principle all this strong governn,en,
5uoh disguise. ''e III an
H. Il.