Evening Bulletin

Free Silver Loses One of Its Advocates

Lincoln, Neb., May 23.-Free silver has lost an advocate in the person of Dr. E. Benjamin Andrews. The chancellor of the University of Nebraska in an address today before the class in ethics particularly announced that he no longer entertained the views he had held upon silver coinage. In company with many others a few years ago, Chancellor Andrews said that he had been misled by the arguments of public men, and particularly by a celebrated geologist of Europe, who had, after much study and investigation, announced that the supply of gold was being exhausted and the world's mines would soon cease to yield a sufficient quantity of that metal. This made it necessary that there be another standard of value. Time had proved the prophecy of the geologist to be false. Instead of lessening, said the chancellor, the output of gold has greatly increased, and the supply now seems inexhaustible, and as a result prices of commodities, instead of going to a lower level, have constantly appreciated.