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Newspaper
Wooster Republican
Location
Wooster, Ohio, United States of America
Date
Oct 21, 1896
Page
4
Reports from the campaign note McKinley at 300 electoral votes as the RNC target while Bryan earns praise for halting Altgeld’s Sunday rallies in Chicago. Prices rise on wheat due to foreign buying, silver declines, and a Wayne County farmer switches to McKinley citing tariff costs.
Ex Governor Boies rebuts Whitney on silver depreciation blaming no law, citing historical output and market ratios. Analyzes U S silver production from 1792 to 1894, compares to gold, and argues supply and demand drive prices, not fiat. John G Carlisle warns free coinage would collapse currency to silver basis and shift government role.
A Republican canvass reports strong GOP gains across the Eighth district including Hardin, Hancock, and Union counties. Archibald Lybrand is favored for Congress, facing McElden Dunn amid free silver opposition. The Teller Bimetallic Union forms amid mixed support, with Findlay leadership and a history of uneven organization. Readings from multiple counties show rising Republican sentiment and momentum toward McKinley-style economic policy.
The Rev Dr John P Newman, Episcopal bishop of San Francisco, argues clergymen must preach honest money and oppose free coinage of silver. He warns the nation faces a crisis requiring patriots over partisans and calls ministers to defend the Ten Commandments, especially Thou shalt not steal, from Populists and anarchists. He notes be bishops over 1,000 ministers will be urged to mobilize against Bryan and Newall and the pro silver congress.
Former Ohio Democrat leader Henry Bohl spoke at Marietta on a business campaign against repudiation and party lines. He praised the Civil War era Republicans and loyal Democrats, urged unity to defend national honor, the integrity of the Supreme Court, and oppose Cleveland censure while backing Republican policy.
The article argues against paying gold for silver purchases under the 1890 act, noting that from May 31, 1892 to May 1, 1893 silver bullion bought with treasury notes was almost entirely paid in gold, with the bullion stored but not usable. It warns that if free silver advocates prevail, gold would vanish from the treasury to redeem notes, causing depreciation as silver bullion backs the notes. It references Secretary Carlisle and hints at Bryan’s potential presidency.
The governor warns that restoring confidence requires avoiding proposals to debase the currency. He argues such plans undermine credit and hinder money for legitimate enterprises by promising to repay existing debts in depreciated money.
A long tract argues that monetary policy failed to raise wealth, citing 1870 1890 debt shifts and per capita income. It contrasts free silver claims with figures showing wealth growth and debt decline, then retells a fable A modernized aesop about an ass craving unlimited clover ending in a farmer's grim lesson.
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