Daily Yellowstone journal., 1890-10-31
The Political Issues.
They arr Ably Treated in an
Article in this Issue from the
Pen cf Thos. H. Carter.
IN Which it is Irrefutably SHOWN
that the Republican Party is the
Bulwark Of National
Prosperity.
THE NEW SILVER LAW.

n hepuDifcAn Measure-Just To Prod ucer
and Beneficial to the Nation!
Ours is still a new country. II
grestes extent il still but sparsely in.
babited. The greater part Of Its pto
pie are still engaged in what may b,
termed primitive occupations, Th,
forests sre still being cleared to max,
room for the iuflowing population
Millions Of acres have yet to feel th,
first throb ofagricul'ursl life.
In every new country political par
ties naturally divide themselves int,
Il sse which aim at independence, ,snc
those which are content to hang upor
tIe skiris Of older communities. Tn,
people of this couu'ry may be C ASST.
fled politically in various ways, buI
after all il comes 10 this: that som,
favor The policy Of depending upon
themselves ana some the policy Of de,
pending upon Others. The republican
party i the Marty o, independence, ;ths
den ocra' ic party in all its pOlicie.
Overlooks cur own resources. neglect.
our own opportunities and seeks t'
throw the country upon the favor o
foreign powers. Now. II this were Q
nstion of limited area, Of an invsris
ble climate, OF "A single kind OF soil
and of few natural resources, the dem
ocratic policy might be " ise, but ouI
hsbifable land IL large enough TO pro-
vide, not only for our pr sent popula-
tion. hut for those Of Great Britain,
Frsnce ard Germany combined, ~
we'll. 1t POSSESSES not one, but every
conceivable variety Of soil; It is favored
with every climste possible to the
temperat. zone, aud In its vast union
of independent common wealths, /,
comprised large portion Of almost
everything that Is essential to the
highest and best civilization. Why
should u nation thai can do every.
thing for itself become a supplisnt for
the bounty of nations less competent,
less active, less favored snd less skill.
ful? This question arises 1t every
turn in our affairs. IL arose when the
government was founded and when
the advocates of dependence were in
deed able TO produce something of an
argument 10 support of their conten.
ton. But the ioun ders Of our gov.
ernment were far eeing men. Al
most without exception they were be.
levers In the policy of doing for our.
selves. 1t was Washipgion's counsel
that We should hold sloof FROM the
old countries-from their poiitics and
their affairs, and that we should de
vote ourselves to building up our own
society 10 our own way. II was Ham
ilton's advice that we should adopt q
protective tariff 90 as to bring about an
industrial freedom. 1t wrs Jefferson's
sdvice that we should discard the
monetary systems of Europe, and con-
stIuct one for ourselves wherein the
silver dollar should be the unit ol
value.
These wise counsel prevailed. From
the foundation Of the government, un.
I'll the year 1873, the entire gold and
silver product of the country was free.
ly receivable at the U. S. mints for
coinage. II this WAS wise, one huld.
red years ago, when we were not pro-
ducers OF the precious metals. wher
the treasures of the Rockies were
wholly unknown, and undreamed Of,
how much wiser is II today. We are
now contributing, year by year, the
greater part Of the worlds stock oI
silver. Is IL wise To discredit our own
products, to cheaper our own re-
sources?
In the esrly period of our history we
adoptt 4 a fixed ratio of silver to gold
similar to that used In foreign couu-
tries. The general ratio wss l5l Of
silver to ] Of gold, but In 1884 We
adopted the ratio Of 70 to I. end Inn.
medIately our metal went abroad foI
coinage purposes, for the excellent rea-
son that II could be more profitably
coined Ia the old countries than here,
While the mluts Of the Latin Unlvn
were coIniug at the ratio Of l5l TO !,
the mints In THE country could moi
procure silver TO coin at the ratio Of II
20 I. These sllght variatlors bstwssu
| the foreign coinage rsgulatisa end
our own bed shs sRsct q
drawing our sllvss psodsst awsy
sssu y, ana . lsss q EsssVs 60
tluusd y - ~ nsonb n ~ nsas