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MB. ATKINSON AND SILVER.
tVe republish this morning, from the
Atlanta Constitution, that portion of a
stenographic report of Mr. Atkinson's
Greenville speech which deals with the
Silver question. The Democratic can
didate discusses the question nt very
considerable length, with great ability
nud with frankness. We hope that bis
address will be brought to the attention
of every citizen of the state anil receive
the careful study it deserves.
Ills speech shows that Mr. Atkinson
lias a arm grasp on the Democratic
principles of finance nml that he Is a
bimetallist—not merely a "silver" mau.
It will be seen that again and again he
Insists that the "parity” of the dollars
coined by the government is the matter
of first Importance. It Is the Demo
cratic demand, be says, “that every dol
lar, whether gold or silver, shall bo of
equal and exchangeable value.” Again:
“Everything, whether com or cotton or
other products—money Itself—seeks the
highest market—goes where It can get
the most In exchange. The want of
parity between the silver and gold dol
lar tends to br.ng about this result nnd
iu reduce ihe cuuutry iu uioMiniieu'it-
llsm—to the use of the cheaper metal
only, to the exclusion of the other. The
people, os a mass, are not directly In
terested In the product of the metals,
mill are, therefore, chiefly concerned
about no specific ratio. They are in
terested In the use of both ns standard
money, noil in their coluage upon that
ratio which will secure genuine bimet
allism—the circulation of both dollars,
aide by side, upon a parity. The equ.l-
Ity <>f the debt paying nml purchasing
|Kiwer Is the thing nlmut which the peo
ple are concerned, and the absence of
this equality is destructive to the com
merce of a people, to Its growth, Its
progress nnd its greatness." Again:
"It must be Irorn in mind, however, that
the matter of paramount Importance Is
the circulation on n parity." Again:
"The matter of vital Importance In the
beginning, or subsequently, I* not the
matter of ratio, bat the fact of nailing
‘silver a standard money and securing
the parity of onr dollars. Tor this rea
son only the ratio Is important.”
All of this Is sound—"sound as a dol
lar’’—a gold dollar, or a silver dollar
svlth HW cents’ worth of metal In It
It embodies the very basic principle of
bimetallism, nnd states that principle
svith convincing force. Mr. Atkinson
never dial liettor work for his party than
when be reiterated nnd enforced that
principle In the opening speech of his
campaign—i speech sure to be widely
tend and certain to be taken ns nn nit
xhorlutlve expression of Democratic
opinion In Georgia.
Mr. Atkinson cotflrt not have been
happier lu bis discussion of the prlnc)
pie Involved, but we are free to say that
be Is anything but bappey In his dis
cussion of umfiiods. Having laid down
Jhc pr.nciplc that “the matter of vital
importunes in th» beginning, or subse
quently, is not the matter of ratio but
the fart of making i liver a standard
mossy «nd securing tbs parity of our
Bollsr*, - ’ lie demand*. In effect, that
fico coinage be immediately entered
upon without regard to the parity of
gold nnd silver dollar*. "When
have provided for the free and unllm
tied coinage of silver nt *n agreed ra
tio,” lie says, “we can then sea what ef
fect this Increased demand lias upon It*
value,' and if a change of ratio is ncc-
rnsary it can be made with scientific
sccuracy.”
The use of the term “agreed ratio”
suggests that a ratio higher than 1U to
1 should be udopted for the experiment,
but a ratio lower than that now pre
vailing In the markets, in the hope that
the new demand for silver might raise
tbe price of silver to the nc-.v ratio.
(There l* nlso (n Mr. Atkinson's propo
sition the admission that this hope
might be disappointed. The proposi
tion, therefore, as we nndecslsnd it,
’1» it we guess a* uearty as wo can what
will he the relative value of gold and
silver under the new conditions to bo
created, and at that ratio open the
mints to the free and unlimited coinage
of s.lver. If it should turn out that our
guess was a bad one, why, wa can re
adjust the ratio with “scientific accu
racy."
It seems to us that this proposition
is a bad one; first, because It violate*
the principle Just laid down by .Mr. At
kinson that “the matter of vital im
portance, in the beginning or subse
quently. is not file matter of ratio, but
the fact of making silver a standard
money nnd securing the parity of our
dollars." When the admission that a
readjustment of the ratio may be nec
essary Is made that is equivalent to nn
admlssiou that at the beginning tlie
parity of our dollars may not lie pre
served. We do uut tlvink such a risk
ought to be taken. Tbe crisis caused
by a premium on gold, the expulsion
of that metal from the currency and
the consequent scarcity of money would
be the severest the country has ever
known. The subsequent readjustment
of the ratio with icleatific uceuracy
would not cure the harm already done,
end nobody can say when that read
justment would be nade. What time
would he allowed for silver to establish
its true relations with gold, js .Mr. At-
klusou proposes? Ono year? Five
years? Ten yearn? During tills one,
tivo or ten years would we have bimet
allism or silver monometallism? Where
would the country's .ft!00,tXK),(SH) of
gold be during that time? If it went
Into close retirement or took a voyage
to Europe, what would we do to sup
ply the deficiency thus created?
Mr. Atkinson’s exposition iff the prin
ciples which should guide us in dealing
•)?»• tlic silver sucstbw is, 25 vfd h?.Y?
said, exceedingly able and satisfactory
to believer* in a sound, bimetallic cur
rency. We object ouly to the method of
reaching free coinage proposed by him
because It is not in accord with those
principles. We believe It our duty to
enter this objection because the silver
question is outside of state politics and
has properly no place in the campaign
which Mr. Atkinson is making for the
governorship, In which he lias tbe ar
dent support of the Telegraph. Speeches
dealing with this question can have
ouly nu educating effect, and the Tele
graph feels Itself perfectly free to take
what it regards as the right side In tho
discussion of this question, no matter
who takes the other,
LOOKING SOUTHWARD.
The evidence accumulates that tho
opportunities which the South offers to
industrious or well-to-do immigrants,
greater than those offered by any other
section, arc at last attracting wide at
tention at the North. For uumy years,
controlled by Influences which were Ir
resistible, the tide of immigrants from
Europe and the Eastern states flow'd
uninterruptedly westward. The early
settlers in that region were almost phe
nomenally prosperous. They found fer
tile lauds, for which they gave little or
nothing, and produced big crops, for
which they received high prices. Wealth
came to them easily and quickly. It
was the fame of their success that drew
after them the millions who ,u n few
yean Iiave created a dozen states In
the region of the Missouri. But the
later comers did not meet with the same
success, alley found the choicest lands
already taken and were obliged to pas*
beyond Into the seml-arid region, where
crops are fnr less certain. Not only
this, but tho Increase In the productions
of the Immlgnnt-scttled farms of the
West had boon more tliau enough to
satisfy the demands of tho markets and
exceedingly low price* were the conse
quence. Crop* were uncertain with
them but low prices were sure.
This has been ono of the unfortunate
years and the farmers of a wide region
ht the West find themselves utterly
ruined. The Kunsas City Star draws
the following dark picture of their con
dition:
“The farmers of Missouri and eastern
Kansas who have complained of
drouth know little of the desola
tion which Is driving thousands of fsrin-
*»a from Nebraska, lows and Minnesota
r nlaoA whas. SkJL. I- . *•►►,.
moisture and food for themselves and their
Mock. Every day that passe* witnesses
an army of white-topped wagons moving
sorrowfully from these state' towards 1h«
East «nd South. A fe.v minutes’ talk
with one of these. mover* 1* enough to
convince the former, who has sny crop
at sU. of hi* good fortune. It Is not that
the hand of plenty h.n been withheld
from there people. They saw nut only
want, but starvation, ahead If they re-
mained. By moving they hope to im
prove thetr condition a mite, for It can
rot be made worse. In the course of
•vents many of them nre settling in the
fair portion* of Missouri snd Kansas,
where a total failure of crops is un
known. They will make good cltlxeus.
and most of them can show recoiamen.
datlonx of the best sort. They will be
welcomed to these sections, 'of course, and
given a generous chance for livelihood.
After awhile It will be found that the
drouth was not so much an affliction ns
they thought. How, indeed, foukl that be
an affliction which makes 1 -.am helic
on by piecing them tn a region of fertile
and unfailing soil, cheap homes, kind
neighbors and exempted opportunities?"
These people, attached to the sod, In
telligent and capable of becoming most
valuable citizen*, will from their home*
of zero weather in winter and lorrM
heats Iu summer turn their eye* to the
South In search of better home*. Here
is the only region where there Is room
for them, where they can be prosperous
and where they nre wanted. Tbe Phil
adelphia Times, discussing this subject,
say*:
"There Is now no reason why the tide
of foreign Immigration should Journey to
wards the setting sun after reaching our
shore to And ho mss for those who want
to tUt the soil. Then: to vastly better
►•'ll for small farmers In most of the
Southern slates thst can be made pro
ductive even more cheaply than the Wes
tern prairies, with the nearness to mar
ket tint adds immensely to the' proflls of
sx-rh ultural products over the West. And
should tie turned Southward, but the Im
migration of our Industrial classes renar-
ally In the North should turn their steps
to the -runny South. The small farmer hts
much better opportunities In the aitricul-
lur.ll states of the South than in any
of the Northern states, and our skillet
mechanics could And a steadily increasing
demand ftr their labor In thst region as
Bout-hern Industries are developed.
“The only, difficulty in the way of the
speedy development of the Southern indus
trial Is the want of knowledge, both at
hone snd In foreign countries, of the
greiter advantage* which the bouthem
states offer to Immigration. Because the
tide of both foreign Immigration has been
Westward for half a century or more, it
makes It difficult to turn that tide to move
Inviting Helds of the South. It can be
done only when the Immigrants them
selves are taught that the South la now
the most desirable of all lections as homes
for both foreign and domestic Industrial
people.”
Ml."ST TAKE ALL OB NONE.
A few (lays ago tlie Atlanta Constitu
tion published the report wade by the
bimetallic members of the recent Ger
man silver conference. This report was
a very able one and the Agnatures
were those of men Who stand iu the
first rank of German scientists. It was
therefore worthy of all the words of
comiueiud-.tt;»u which our contemporary
saw fit to bestow upou it. Collected
in comparatively small space arc all of
the best arguments find strongest evi
dence going to show that the demoneti
zation of silver has resulted lu a steady
lowering of prices, entailing distress
upon the people of every civilized coun
try who are engaged in productive in
dustry U showed ns clearly as can be
shown that a general revival of pros
perity is not. possible until silver be
comes money accepted on equal terms
with gold.
While our contemporary was keenly
observant of these points in rile report
and of its strength as an argnuient for
bimetallism, it was strangely blind to
another point which the signers were
careful to make prominent by a special
emphasis. They ardently favor bi
metallism, but they expressly stilted
that they do not favor any attempt by
Gcrmauy alone to le-esitablidi it, but
look to an Intemnt.onal agreement as
the only possible means by which that
much desired end can be accomplished.
Why should the Constitution accept
the conclusion of these German sci
entists that bimetallism must iu the
iutercst of civilisation be re-established
nnd reject with scorn the conclusion
reached by tbe same men as to the only
means by which bimetalllsin can tie se
cured? They ure as much authority In
one caso as the other. If their argu
ment for blmctall.sm Is sound and
based on sufficient testimony, wtrat rea
son Is thcro to believe that tlHr con
clusion that an international agreement
Is necessary, held with equal tenacity
and reached after iue same degree of
patient research, Is only worthy of rid
icule by the political epoeoufi J ot At
lanta, Go.? It seems to us '.tint our
contemporary Is bound to take the tes
timony of vhe witnesses whom ilioy
rank so high either as a whole or not
nt all. It is not at liberty to say tliat
they tell the truth In one Instance nud
lie In -another: that their great learning,
patient research and lutelleeiu.ll hon
esty entitle one conclusion reached by
them to the unquestioning acceptance
of mankind, but 'that another ctmclu-
slou reached by them Is so manifestly
absurd, so trivial, so lacking of a basis
in reason, that all men ought to seo its
falsity at once nud laugh at it
It Is a rather remarkable fact that
nowhere In tho world, except the
United States, can be found a biniot
alkst who believes that the
establishment of a true bimetallic
system is wttblu tbe power of a nation
noting alooc. Yet nobody wilt doubt
that the bimetallists of France, of Ger
many qnd of England are patriotic
men, jealous of the r.gUts and of the
dignity of their respective countries.
ruber of them would lu* na alow ns the
editor of the Atlanta Constitution to
concede that the laws of his country
regulating It* currency should Ins made
by foro * 1 . suers. But neither of them is
able to see any derogation from file dig
nlty and honor of hi* country In a strict
regard by Its legislative body for law'
of trad ; which oougre>s nor pailiunuiK
caa abrogate, which they did not make
and which will exist always tn *p.te of
thorn, which were created hy nature or
by meat acting as ^t race and not by na
tkrns. The difference between these
German scientist* nnd the Uimetall.sts
of France and England tvlio agree with
them and the editor of the Constitution
Is that they, aevklng the general good,
wish to observe law* which they can
not chienge, and he. seeking to enftirco
a pet theory, wishes to Ignore those
laws. Tlielr argument tor bimetallism
is based on the assumption that those
laws will be ( observed, and he has no
right to call on them for asiistnace in
supporting a pokey to which they are
unau’m.Misly opposed.
INJUSTICE TO JUDGE TURNER.
Recently the Atlanta Constitution hr
seen flt to n-guuie Its warfare itpo
leading Democrats. The president
failure to sign the bill whlcb be ha
denounced In the strongest terms tn.
made the occasion of an attack upon
lmn ns unreasonable as it was unju
A story printed in a Now York pa;
which Secretary Carlisle contents hi
self with (U-aouuclug as a ut-theious
was treated ns if it were undenlal
fe-ue nnd made the has.* of Insinuaiio
against tbe political if not the persos
honesty of a mau whom Democrats gi
erally regard os above suspicion. T
/ '' •
third victim of tho Constitution’s mal
evolence is the lion. Henry O. Turner,
who stands in the very first rauk of Hie
men whom Democrats dekgUt to honor.
When the state convention mot In At
lanta on tho nu ot August it was round
that a difference of opinion existed,
Irreconcilable for the momealt, is to
the manner In which the silver question
should be treated. The outcome was a
compromise which represented the
views of uetther faction but offered a
common ground on which they could
meet. This compromise was adopted
n the belief tlrat during the campaign
just -begun' it was necessary that har
mony should be preserved. It follows
that if this compromise was accepted
lu good faith Democrats arc for tho
time being—that is during this cam
paign—debarred from attempting to put
upon the silver resolution a mean ng
which the convention deliberately re
fused to put in It
The Telegraph has been perfectly wil
ling to leave the silver resolution of the
convention tn be Interpreted by cacti
individual voter as he thought he'd, and
has contented itsetf withpoto' ng out,
when provoked to do so, that it did not
and could not bear certain constructions
which were sought to be put upon It.
The Telegraph has protested, for in
stance, that tbe resoluts.ons did not
mean that the Democrats of Georgia
demanded the free coinage at silver at
the ratio of 10 to 1—that nn attempt to
put tho Democrats ot Georgia ou the
Populist platform without their con
sent was an act of bad fult|i and In vio
lation of the terms of tho compromise
by which it was hoped that tho pence
of the party might be preserved.
The ConKtitutlon’s attack upon Mr.
Turner is made because In his speech
Dcvuiut ivJ.it gOuilvulflu BtVtV fit to
express views on the silver question
not in line with the demands of the Pop
ulist party nor In consonance with the
strained Interpretation *which the Con
stitution has Itself sought to put upon
the Democratic platform. It oven ven
tures to question Mr. Turner's Dem-
ocraey—a Democracy tried by tUe stress
of many years’ service under the most
trying tircuiustnnccs and never yet
found In tlie slightest degree wanting
iu truth. When tt goes further and
speaks of Mr. Turner's speech us nn
“eloquent nmilgutncnt of tl*i> Demo
cratic bimetallic policy” aud says that
"as fur as results go one of Judge
Hines' speeches in itself is uot a whit
more damaging to Democracy than
Judge Turner's anti-silver argument" it
Insult the Intelligence of Georgia Dem
ocrats nt tlie same time that it does a
gross lujusti.ee to one .of their best nud
must trusted lenders.
Tho Telegraph Is not supporting
Judge Turner for the senate, in doing
vvliat it can to further the c.iudidney
of another Democrat equally able aud
equally true, It In effect'opposes blm.
But the Telegraph Is not engaged tn the
business of kiD,ng off Democratic lead
era. lnsl.uctively It goes to their de
fense when they nre unjustly attacked.
It protests against tho injustice done
Judge Tur-uer, ifi-m whom there is got
a better 'Democrat or truer friend of
sllvet In tlie state.
Ing In the loss of life. Is a grievous of
fense against the law, but not the bind
of offenso that strikes nt tin- very
foundation of lsw and order, ns does
tlie olfeuse of lynching. The growth,
the increasing frequency, cl the lafiep
offense Is a menace to our iivIITzatlon.
Under certain circumstances, egppei.fUy
in tho SouJJi, there Is sjrne excuse, .f
stlAcntion qtWt, even
not cot
»*n who ttllly^realixi
St wholesale ore Always ;l
resort to In-og-
I EL BULLA"" 1 ' 1 '" ,r
ILL U U L M, :n ' K of Wfanfc . t9
t thclt operations.
|\J L nv l>.\ observed u
;rn public opinion
y Justified, the crime
u lvsirted to to punish
an rg and IVinst women. Not infre-
quen\^ on .recent years we have seen
iu the\ rspart'rs where crimes log*
he.uou* Vi-e bd-ng punished by mobes
in the same t/iyt. A few lay* ago. In
the richest nud most populous county
of Tennessee, six helpless negroes,
bound together and under the charge of
nu officer of the law, were shot to death
In the night by a mob. Tlie governor
of Tennessee has offered n reward of
$5,000 fot tlie criminals, and will exert
all the power of his office to bring them
to Justice. Possibly, even probably, his
utmost efforts w«U fall In practical ef
fect and amount to nothing more than
an official protest against a horrible
violation of the law.
Outside of the baleful moral effect lu
the community of this crime, whsch Is
the most Important consideration, it
cannot be doubted that it will serve to
materially check the prosperity of that
community hy lowering it lu tho esti
mation of good men looking for new
hornet. \Yc feared that the affair in
Hancock .county, while far less terrible,
involving fewer fiealbs and less moral
depravity in the perpetrators, was nev
ertheless a crime of the same class, nnd
that from It would flow the same evil
consequences. IVe arc glad tUat It is
not a esse of lynching or vvhltccaplsm.
JONES’ MISTAKE.
OVER CONFIDENT.
The Republicans of New York have
an Idea that they will elect tbelr can
didate for governor this year, aud the
politicians among them have the fur
ther idea that the nun thus elected will
have an excellent dunce ot becomiug
tho Republican notu.neo for prescient.
Consequently there is much more ot a
scramble guiug on among tbem for the
gubernatorial uomln.tt'op. Mr. Levi 1*.
Morton who, it may lie remembered,
was once vice-president, uas come homo
from Europe, put himself lu the hands
of his friends nnd, presumably, opened
his barrel. Mr. Choate, the famous
lawyer, who Is president of the consti
tutional oooventlon now In sesslou, Is
being pushed by tbe more respectable
element of tbo party for nomination.
Mr. Fassctt, who has Already felt the
weight of a big Democratic majority
plied on blm, is rail) log Ills forces, and
numerous other polltlulaus of more or
less prominence are doing what they
can to attract the lightning.
Meanwhile the Democrats are keep
ing remarkably quiet, but there Is no
evidence that they are frightened. r<«-
sibly they are too busy watching and
enjoy'ng the show their friends, the
enemy, are giving to think of their own
affairs Just nt present. When the
proper time comes,however, wo do not
doubt that the New York Democrats
will give a good account of themselrvt.
They may not be entirely pleased with
the record made by tbelr party during
the last elghteeu months, but they, snd
tho people generally, know that how
ever fur tho Democrat* may have fallen
short of whut was expected, they have
absolutely nothing to hope from the
Republican* or 1’opuUsts. The Demo
crats did uot move far enough but they
went In tbe right direction; the other
two partita would, tf given power, go
In the wrong direction. This fact
not going to be without effect In tbe
hWiIou, and the Republican who Is
fortunate enough to get the nomination
of his parly In New York may after
the votes are counted come to tho con
clusion tluit after all be vat tbe un-
lurkleat member of his party.
NOT SO BAD.
Our special from Dovoreaux, received
after our editorial on the Gaston shoot
ing was written, put* s d.fferent face
on the affair—a face bad enough, but
mucb better than the first. We are
sincerely glad that what was reported
! as an attempt to rid the community by
floret—by murder-of an objections!)!*
I character turns out to be nothing more
1 »,.r. .us than the culmination ot a feud
I am g negroes. Such an affair, revtit-
Tho Populist* seem to set great store
by their latest recruit. Senator Jones of
Nevada. They say that they expect
the force of Ills example to be so great
ns to decide In favor of the Populists
the senatorial contests which have been
going on In two of the great North
western states for the last two years,
and that thus their party will be given
the balance of power In tbe senate. The
Populists are nothing If not hopeful,
nud in this case pretty certainly count
on a good deal more than they will get.
As to the reasons which have taken
Senator Jones out of tho Republican
party, they are perhaps sufficient. It
ought not to require many reasons to
take a man out of the Republican par
ty, Nevertheless, ono of the reason*
given by Mr, Jones, in explanation of
his action, seems to us curiously Inad
equate, If not entirely Inapplicable. It
Is that “the Populist party, though
new, has the courage of its convictions
—the rounign to trout this groat ques
tion os It deserves to be treated, name
ly, as the leading question of tlie age.”
His reference Is to the sliver question.
Senator Jones ought to know that the
Populist party does not regard the free
coinage of silver as tbe greatest of
^questions—that In fact It Is not In fa
vor ot the use of silver or any other
metal ns money; that It merely seized
upon the silver question as the best
means of breaking down the present
currency system, with the intention of
substituting Irredeemable paper notes
for both silver and gold whenever it
lias the opportunity. Witness the Pop
ulist bills Introduced in congress pro
viding for the expenditure of $45,000,-
000,000. nil of which Immense sum It
to bo paid out In legal tender paper
notes. Mr. Jones will have to seek fur
ther before he And* a party which fa
vors, as he docs, the mak.ng of silver
the only money In the country.
BACON IN SOUTHWEST GEORGIA.
MR. ATKINSON
IN GREENVIll
One of the Best Speeches of
State Campaign on i|„
Stiver Question.
DEFENDS DEMOCRATIC THEOR;
It. PATors Oolu a..d *tlv„«,„,
" 1,11 *“I U, t ,,n,C, ‘“«lllg «u,( |)„
* -a,..,.
ai.in.d* lu Aeeoinpllatt II,
The Americus Tlmos-Rocorder, the
most Influential paper of tho section of
the state In which it Is published, Is
strongly supporting MaJ. Bacon for the
senate and predicts that “when the
rotes are counted It will be found that
all those from this section will go to
tbe peerless sou of Bibb. Among tho
candidates for United States senator,”
it says, “Hon. A. O. Bacon stands pre
eminent as the ono deserving to be
chosen. A man who stands for Democ
racy as Jefferson taught It and as the
people hnve always un'lcrstood it, for
equal rights to all aatl special privi
leges to none, he is beyond all doubt the
choice of this tcct'.ou of the state to rep
resent Georgia lu tlie iipjior house of
congress. MaJ. Bacon's view* on all
public questions nre well known. He
is heart and soul for tlr? rights nnd in
terests of the people, of the masses ns
cuntrndlstiuga'shed from the classes.
On all political issues he is thoroughly
iu itixuid with the Chicago platform,
our state Democratic platform, and the
demands of the great majority of the
Democratic parly,"
Sumter has not always town found
standing by (he side of Bibb iu state
politics. That It does so now is signifi
cant of the strength which MaJ. Bacon
Is developing iu all |mrts of Hie stale.
Foople who never favored him before
are now among ni* strongest aud most
enthusiastic supporters.
HtrriiO A>r the Democracy of Texas
Notwithstanding the efforts of a coterh
of mxtocMent* to commit the party to
un-Democrsioic declarations, pmy prin
ciples won In tbe Dallas convention,
oral a good mun was put tit the hea
nt the Klcket to fight toe tftoto prind
WiCb Culberson leading, and tb
Democratic boons nu.iJin* upon th
Chicago platform, a fight "worth wbll.•
will be ofede, and the p.ir.y wl4 com
out of It with a majority biggfrr :h.\
tbe <oUl roct ofiom .* of the lit tie- om
horse :*Ui at-/.'Ii U»- •: 1.
Extract from a ethnographic j-f.,
of the speech delivered by Hou \\
Aikinsou in Greenville:
Ills IntsrSxOng ax.ri r?rr Mh ;n-
Ov.'-L- Home of titieje men who knou-
eri'dilmg, Hlk about u,e cri m -
Cleveland'* issuing $50,000,000 v,
go.d ■ bond!). Men who are .,
of ooixLud.lnot their awn uu,;j ,
cun mile Mimedly and posui«t y jt,
Or:i»- .the vaeit huatoess of thiu Kr .., ;
e.mmenit, about wvhliOh they know „
ins, SWiU'.d be cocKiuJoel. I pi] .
wisdom, pdtrtotism andeg.-py
great- chie'-LMn, Grover Clevelj
Ugaiinzt font of any one of the t ,
party leader,, and that is pum„,
mT.dly. He hud nu irvier-. |„ ,
traneuci.ton, sav, >to proteat the
and credit of the goverarnKn-t. <1
protect uhb people from an t.-npe J
Oiiktrafty. The balance of trxde
largely uauln.V: eiho tliw ...
American securl'iTea held in Eir
were being readied upon the mark
th* einpot-ta of gold were exceeding
imports to an uturmtng extent; the
per money of ofre governme.v; was be'
presew-OJ tor redemption in ij
amounts, and the goverame.it, w :
stands pledged to keep lt« go'.d and
ver on a purtLy, redeemed this m
money tn Cither coin, at the opr.on'
the hoiOhr. The presea.oi.ion Jr
paper rmoney for rfdemiption ha! n,
1y reduced Kie gold reserve of Jinn it
000, which! Uhe low requires 11 he k
for tihe redemption of paper mow
Tn meet this reduction in the go t h
the government hid utilized all the r
In Its gen end fund and trimPrrei
to this reserve fund. The conu.e
pret<e»r*t;km for title redemption o'
per whicl.1 w« had tented aa money J
o-tudag the dtuppftirauoe of g0 il
rapidly tihat the president 'ji.nl |
'dry ClaritaHe Untied three bomb
cure ttse means of replenish,ng the
serve Bind enabling Uhe government
keep our dollnra an « parity hy «
tinuing lbs policy of radompilon. Th
In start. Is a statement of the cost
tlons which led to rite muoh-tslhd
gold bond issue. Mr. Cl«>V-an l It I
teroftned to keep our coin on a part
and '.'he entfire currency of the coius
upon a safe and sound boats. The ou
(rations of tinea government, of eve;
(Jhaneoter. should be promptly and Is
ombly rot 1 :, and hone*- m«n who »
borrow money to moot their own ot
gtsficna will not condemn the gorer
menf: for doing 'ih'-tt Which t, neuoti
for ijse projection of ks own honor l
the matnUMUoce of fits set-tied policy
cloOho every doidir of coin or pap
money whlit equal purc-hasing and deb
UiyWig power. And, more, bow Inc
ussnt vi ss far <a« uaird ysir wf
tack Mr. Cleveland for C-oUavg !»,*>
000 of bonds for whloii ttve gavents"
got '-he bod, while Uhey'are advocaili
tihe lsoiunce of 113,000,000,000 of bond
for whklh Che government will only r
raUroade, etc., wnlclr It wuu.d he bea
off 't»w t« osen.
THE SHERMAN LAW. ■
The failure of congress to repeal 4
entire Sherman law seecns to Iran
some of our opponents. If .the ns
Sherman loiw had been repPalel
would 4MVW vJmnaly .levnonedzed S
JIM,000,000 of treasury tvutea, wii
have lew 'in exiebthce no Hw provdj
tot 'Jhelr rodemptlon, and would hs
latkem from th* ueoret.iry of to* as
sury a). au;'norlty .to coin anoAer Sin
dollar.
SEIGNIORAGE BILL
The failure to provide for the e.u
•kit of the 55.000,000 of dive.- eelii.ikn#
which is lying Idle in the treasury v.
tt im*pp.',rs;men't 'i> Jhe put)'- I
ovwpwihelaslng roaJatUy of the Dew
ora'Jxi ivtpceoatj.'xUvea favor, I on
voted for die measure, nnd I rvn
'thst Mr. Clevelausd felt It his duty
vtuo It. It Is no; Just, hoivev.v,
■dicjhsn dm entire party, tor tae »o.
of our reprerentartves show ttut u
party won In flavor of the measure, t
due pir-y tito.s a man Who disagree
wRh tt on an l.npor;anit quaalian, uM
oan do Is to look carefully next tin
iirrd tenure the serv.c.a of a mat “
is slhh .i.a party on -ha. qu.o.rei t
is Just as ge.i'aeloss tor a man t»
the Democratic pug-y b-xuute
man hn Nt# York flow no- «“*;-•
thing to suit him an k souki he m
mam to quit his ahuren bccauas «' 11
not on all questions agree w.'-n
■.is mumacru in the »'-*tc of Nesr
Thu third party leaders, hosn*
are not opposing u# tor amyt.M* *
Mare done ov flailed to do. ’fluey "Pfl*
us tutor* we ctaune ititn P?*," ,
u-'ter we cum* -into power, before
huM aa opportun-ky '*> pxu a •
THE SILVER QUESTION'
With what propriety can the th.
party auSKk the Democrats on t« “
ver question? TCelr reproentamw ■
congress made a record on am s
tlon ot which they cannot poowt. ss»n
the canvass of ls'al the third pail) w
ers told the people that the s |lv ' r ,
waa an Inslgnmcsni one. Toen
was mothing and subareaeury »■“
erythlng. Now sub-treasury u ««
and silver, they claim. Is l , h * a "j“2
tant question. Tho repeal «(
chaxing ckiueo of tbe Sherman U*
not juetlfleJ this change of
their part, for It Provided tor
of only flfty-four uf the l»o.wv.w
the output of the silver nda*?: d ,
In ohxnglng poskton they *>JTJ “
onutrated that they knew aouow
finance, in 1332 and that they »•'
Ignorant upon the saMKt
Let m dlwww* the silver qu™ 3 ”
a more comprehensive view.
ocratlo party Is now. and j «l'«
been, in favor c< both gold *•<*-
As a paity we are at* bhnetjfl^ 1 ,
bold to. tbe use eg both met*DJ|*
erd trvaney, and <o the use of bow
out dlscrtmirucJon against el.n -
unite In bur demand **.“**" vf»|
silver money of the oanstltutlon.
we agree upon rills, ft is •J* 1 * ,
cr.itl demand that these dollar*
be or squat snd «pah*ns*b>« .
.■ . . i!.i Ak
►hall be ot equal ;.»pchiSW*
.of i -pi il p w< r ir. tbe payment of«
Tins L Democracy—Jeff
o • -i "i r. ■ . lrtiucy
m i . ire up to the (teuewrflficS
wt.: id ••' n •: ’
character. In UNL wben go.d a®- 1
P-d..;
t" I. tn- . .Irvig
d liar being «i