TALKING SILVER Jon Wheeler Opens for the People
In a heated session in Wasminoton August 12 speakers Wheeler Morse and Mike Harter discussed the silver question. Wheeler opposed unconditional repeal of the Sherman law while Morse and Harter supported it amid interruptions as rumors of senate bills circulated. The day also featured Governor McKinley endorsing Neal for Governor and pledging a clear tariff stance.
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Senate Finance
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President Cleveland backs gold standard amid party rifts
The Cleveland message to Congress argues for the single gold standard and omits any silver plan. Editors note sharp party conflict over monetary policy, with supporters arguing it destabilizes Democratic aims and fuels Southern Western opposition.
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Richland Gazette
Adlai Stevenson
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Albany Herald
Chicago Balances to London by Gold Purchases
Obicago orders 3,000,000 dollars of gold from London with first installment due next Monday. New York balances are moved to London via discount exchanges and cable transfers, aiding Chicago and New York alike. Spanish gold shipment and gold from Britain also reported for New York.
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Why Silver As Money The Labor Standard and Coinage Roles
A historical analysis argues gold and silver are sound money due to the labor value they represent. It traces the 16 to 1 gold–silver ratio, demonetization of silver since 1878, and compares price changes in wheat, corn, cotton, and meat to show gold’s rise distorts value while silver remains tied to labor products. It criticizes money power and demonetization as driving the shift.
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United States
Wall Streets
Congress
Gold standard debate and market notes blend with local chatter
Discussion argues gold would drop as silver demonetization ends parity, outlining how silver and other commodities are measured against gold. Includes local notices from Americus about the World’s Fair, pensions in silver, and a brief item on bicycles, fashion, and a New York bank check failure.
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