Rensselaer Republican, Volume 27, Number 29, Rensselaer, Jasper County, 14 March 1895 — NEW SILVER PARTY. [ARTICLE]

NEW SILVER PARTY.

Gen. Joseph Sibley, of Pennsylvania, for President. Formal Declaration of Principles—An Address to the American People. The long expected manifesto of the American Bi-Metallic League, was issued at Washington, March 5. After declaring against a single gold standard, and io favor of tirefree coinage of silver at the ratio of 16 to 1, the manifesto says: “We hold that the power to control and regulate a paper currency is inseparable from the power to coin money; and hence that all currency intended to circulate as money should ho issued and its volume controlled by the general Government only, and should be legal tender. “We are unalterably opposed to the issue by States of..interest bearing bonds In time of peace and demand the payment of all coin obligations of the United States as provided by existing laws, iu either gold or silver coin, at the option of the Government and not at the option of tliccredltor. “On these issues we appeal from the dictation of the money power to the intelligence and patriotism of the American people.” Then follows “an address to the American" people;" in which reasons are given for the sigiiers severing their relations with the old political parties, through which parties, it is stated, they can no longer hope for the reforms they desire. It insists that the Democratic party is hopelessly’divided on the silver question, and adds: The Republican party is committed by its leaders, by its record, and by.tlie press behind it, to the gold standard supported by gold bonds, and to the retirement of the greenbacks and the surrender of the issue and control of paper currency to the banks. Not less persistent and effective organization of the Democratic party. While undoubtedly a large-majority of the members of that party are opposed to the gold standard, they have been powerless to control the party organization against it. and much less to secure through it the restoration of the bimetalic standard, The friends of silver all over the country are urged to unite in the, movement. The address is signed by the following executivecommittee appointed by the bimetallic conference called at Washington, Feb. 22. A. J. Warner, president American Bimetallic League, chairman; John P. Jones, United States Senator: William M. Stewart, United States Senator; J. L. McLaurin, of South Carolina; Anson Wolcott, of Indiana; George G. Merrick, of Colorado; Henry Jones, of Georgia; J. C. Green, of California: Joseph Sheldon, of Connecticut; C. J. Hillyer, of the District of Columbia; Byron E. Shear, of Colorado; Mortimer Whitehead, of New Jersey. If the conference had authority from the people to name a candidate for President it would name Joseph C-Sibley, of Pennsylvania, but. not having such authority, it can only suggest the name.