In The Interest Of Sound Money

At last the friends of " sound money," that is, money for the paytnent of debts equal in value to the money borrowed, have aroused thernselves, and will from now on trage aggressive war on the farther pread of the free silver fallacy. Energized into action by the recent warning letter of the president, the opponents of unlimited silver coinage by this nation alone or without international agreement,commenced a movement which will cover every section of the country and will aim not only to exposé to the clear view of the people the fallacies of the free silver advocates, but to present also the arguments in favor Of sound money. The Reform club of New York has been doing valiant lervice in this line, and will continue in the forefront of the campaign of education. Through its agency the aggressiveness of the free silver advocates in the West, where the sentiment is strongest, will be met by like aggressiveness. In furtherance of the ethics of sound money, more than a thousand papers throughout the entire country will begin a simultaneous attack on the fallacies of free silver. An Honest Money league has also been organized in Illinois, which proposes to contest the primantes with the free silver advocates in hé approaching selection of delegates to the June state convention. Soon also there will be heid a sound money convention at Memphis, which is already attracting wide at tention. The active influence of the administration will also be with the educational crusade on the money question, which will be a prominent and probably the leading issue" in the presidential campaign of néxt year. This fight will be waged against "cheap money," that'is,!i6 to i silver, by this nation alorié, 'or silver monometallism, which is the same thing. The crusade will be made solely in the interest of the plighted faith of the United States to maintain every dollar on a parity with every other dollar. Such a policy is in the interest of no class or persons at the expense of some one else, but is jn the interest of every citizen alike. There is no hostility to silver in this. International bimetallism, or any other arrangement which will remove the causes which have led to the depreciation of silver, and raake it again money of full value, will be cordially supported.