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Updated: June 21, 2025
In the Mountain States were many interested in silver as a commodity whose assistance could be counted on in a campaign to increase the amount of the metal in circulation. There were, moreover, many other voters who, while regarding Greenbackism as an economic heresy, were convinced that bimetallism offered a safe and sound solution of the currency problem.
Bimetallism is the desired end, and the true friends of silver will be careful not to overrun the goal and bring in silver monometallism with its necessary attendants the loss of our gold to Europe and the relief of the pressure there for a larger currency.
In the future I shall take occasion to transmit to Congress the report of this Commission, making at the same time such further suggestions as may then seem advisable. Under the provisions of the act of Congress approved March 3, 1897, for the promotion of an international agreement respecting bimetallism, I appointed on the 14th day of April, 1897, Hon. Edward O. Wolcott of Colorado, Hon.
Hardly more than a year later he was campaigning for the governorship of Ohio, and there he denounced the free coinage of silver and advocated international bimetallism. In 1896 McKinley feared that a definite public utterance on the one side or the other of the question would widen the division in the party, prevent his nomination and lose the election.
The most distinguished advocate of bimetallism, discussing our silver coinage, has lately written: No American citizen's hand has yet felt the sensation of cheapness, either in receiving or expending the silver-act dollars. And those who live by labor or legitimate trade never will feel that sensation of cheapness.
Collections have been worthily continued, but each successive growth has risen in obedience to the will of one supreme authority; and that it should have ever come to be believed that twenty aldermen, whose lives are mainly spent in considering bank-rates, bimetallism, and sewage, could collect pictures of permanent value is on the face of it as wild a folly as ever tried the strength of the strait waistcoats of Hanwell or Bedlam.
Therefore, we care not upon what lines the battle is fought. If they say bimetallism is good, but that we cannot have it until other nations help us, we reply that, instead of having a gold standard because England has, we will restore bimetallism, and then let England have bimetallism because the United States has it.
He held that the free coinage of silver would be disastrous, as it would contract the currency by the withdrawal of gold, whereas "the business of the world requires the use of both metals." While "the producers of silver are entitled to just consideration," it should be remembered that "bimetallism is the desired end, and the true friends of silver will be careful not to overrun the goal."
The border-line had been overpassed; the point reached where that sense of proportion, which alone makes life possible, is lost. He was certain that at the moment of his death Pippin could have discussed bimetallism, or any intellectual problem, except the one problem of his own heart; that, for some mysterious reason, had been too much for him.
It was a work on Bimetallism. Did he mean to win Henstead with that? Oh, no; he meant to preach the Majesty of the British Sovereign, King of coins, good tender from China to Peru. She imagined him making some fine rhetoric out of it.
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