The Texas Miner, Volume 2, Number 18, May 18, 1895 Page: 4
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THE TEXAS MINER.
THE TEXAS MINER
WALTER B. McADAMS Editor.
SUBSCRIPTION RATES:
One Year $1.00.
Single Copies 5c.
Advertising Rates made known on application to the Business Office.
PUBLISHED EVERY SATURDAY.
Entered at the Post-Office in Thurber, Texas, as Second-Class Mail Matter.
Thurber, Texas, Saturday, May 18, 1895.
THE OUTLOOK.
AT the present time it would seem as though it was a fore-
gone conclusion that a very large percentage of the Dem-
ocratic party are opposed to President Cleveland's mono-
metal views, and that they will not sustain him; that at least 60
per cent., and more than likely 80 per cent., of the delegates at
the next Democratic convention -for nominating a candidate for
President will be in favor of the free coinage of silver. If that
should be so, of course the platform will be made unequivocally
in favor, and the candidates who are nominated will be known to
favor legislation favorable to free coinage of silver. If that is
done, and the Republicans should try a bimetal platform only
upon the basis that Europe would make an international agree-
ment, which means nothing more and nothing less than a pure
and simple single standard of gold as the only legal tender money.
In that case the chances are ten to one that the Democratic
ticket would succeed by an overwhelming majority, for we warn
the leaders of the Republican party that there are tens of thou-
sands of life-long Republicans who will vote the Democratic
ticket. If such a state of things should happen not a state west
of the Missouri river can be carried by the Republicans, and we
verily believe that Illinois and Michigan would most certainly go
Democratic. If this issue is brought solely to the one of cur-
rency, and it would seem as though it could not be otherwise, it
is very hard to name over a very few states that can be carried
by the Republicans on a single standard platform, if men vote
according as their interest lies, and as a rule they do when they
understand the subject.
Now this question of a single or double standard of money,
and that the free coinage of silver would relieve the country from
the business pall hanging over it, is understood by the masses.
The debtor understands that the single standard of money has
doubled and may quadruple the amount of his debt by reducing
the value of that same property that he went in debt for, and the
fear is in his heart and that of his wife and children that their
home, their property, will all go t, pay that debt, and that the
years of toil and labor to endeavor to gain some property has
been swept away unfairly, and has by legislation been given to
the creditor—the rich man—and he left destitute. The wage
earner understands full well that when money is scarce wages go
down; that if he gets out of a job he looks around some time to
find one, and invariably at a lower rate of wages, and often at a
price that affords a bare living.
The merchant and manufacturer understand that contraction
and anything that reduces the earning power of the people, that
reduces the price of all the products of the land, must have the
effect on them of limiting their trade, and consequently their
profits suffer. Also that their fixed property in the plant of the
manufactory, tools, etc.. must also go down in value, and, in
short, every one who is not a consummate fool knows that what
the men who hold the money bags want done is for their own
interest, and in this instance what they want done is directly op-
posed to the interest of the working man, the owner of any kind
of property other than gold and gold obligations. So this time
the people cannot be fooled. Newspapers, no matter how cun-
ningly they arrange their arguments, no matter what smooth and
specious lies aie told, the people simply pass them by, as either
the interest of the owners of those papers is with the creditor
classes, or their columns are bought and paid for by the men
whom a single standard of money will directly benefit, and they
do not intend this time to be the fly that walks into the parlor of
the spider, no matter how smooth the approaches are made.
ONE OF THE SEVEN WONDERS.
¿ t IT is one of the seven wonders of the political world ofWash-
1 ington that the free silver movement should have grown
to its present dimensions in a year," says a writer from
Washington to the Commercial Advertiser. "Twelve months ago
its propaganda was the Bimetalic League in Washington, with
ex-Congressman A. J. Warner of Ohio president. It was com-
paratively insignificant then. Free silver sentiment existed in all
parts of the country, it is true, but it was in a nebulous and un-
organized state. Today Tree coinage at the ratio of 16 to 1' is
the rallying cry for a political organization extending to e/ery
school district in the Union, drawing its reinforcements from all
political parties, and with unlimited capital at its command.
"Although ostensibly waging war against 'plutocrats in Wall
street," the free silver organization has back of it the influence of
millionaires like Senators Stewart and Jones of Nevada, and ex-
Congressman Sibley and Senator Cameron of Pennsylvania.
"The query is, 'Where does all the money come from?' The
silver men do not lack funds. They have spent a million dollars
in the distribution of literature in the last three months. 'Coin's
Financial School,' which appeared a few months ago, is an al-
leged exposition of the fallacies of gold monometalism. It was
written by T. M. Harvey, a Chicago lawyer, who was originally a
Virginia Democrat. This book has been circulated by hundreds
of thousands of copies among farmers and other industrial classes
of the West, under the auspices of the free silver propaganda,and
has given a stimulus to free silver thought among the plain peo-
ple.
"Undoubtedly the anti-silver men take pleasure out of the fact
that no free silver sentiment broke out at this time. They are
looking forward to see it reach high water mark this year and
give way to a reaction before the next Presidential election. It
is hard to see how anything in the way of legislation in the inter-
est of silver can be accomplished for more than two years yet.
"Both houses of Congress, before adjournment, named six
delegates to the monetary conference, and five of them are pro-
nounced silver men, but thus far the President has declined to
complete the American quota by naming the three delegates
which the law empowers him to appoint.
"It is worth while to watch the growth of the free^ silver organ-
ization. In the past year it has become so strong that both the
Senators elected as Republicans from Nevada have renounced
allegiance to that party on financial questions and proclaimed
themselves independents on the silver issue. Senator Cameron
is prepared, it is said, to accept a Presidential nomination as the
independent candidate of the silver party. Sibley, millionaire
Democratic Congressman from Pennsylvania, has left his party
and joined the independent silver forces, while the Democracy is
threatened with the desertion of statesmen like Bland of Missouri,
Bailey of Texas and Bryan of Nebraska, unless it modifies the
financial policy of President Cleveland.
"The United States Senate is the nest of the silver movement.
It has been steadily growing there of late years until the new
Senate that meets in December will have a free silver majority of
twelve or fourteen."
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McAdams, Walter B. The Texas Miner, Volume 2, Number 18, May 18, 1895, newspaper, May 18, 1895; Thurber, Texas. (https://texashistory.unt.edu/ark:/67531/metapth200508/m1/4/: accessed May 11, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Tarleton State University.