Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1892-10-19

cent tax ON the issues of state banks. The
proposal of our opponents is to return tc
the state bank system under which our
paper currency was rarely equal To it, hut
was often at a ruinous discount and often
worthless. No humau'be has ever lost a
cent by Il note of a national bank. The
losscs by state bank notes has been counted
BY tens of millions, touched all classes AMI
reached every corner OF the country,
The gradual payment of the government
bonds may require some change in the Sc
curitics demanded as u guarantee for the
national bank notes. The party which has
devised system and made il IL magnificent
success may be relied upon to TO meet that
emergency when il arises. There is good
reason to hope for some practical union of
the effort for common solution of the sli-
yer problem with the increased use of sill
var through the renewed international sil-
yer conference. which the wise policy of
the present administration has secured from
the leading commercial nations.
In any event the country has learned to
trust the financial skill and Integrity of the
Republican party and distrust its oppo-
ncnts. The Republican party in its whole
policy for the past 30 years has shown the
greatest financial successes attained during
the century in any part of the world. The
Democratic party has encouraged every
financial heresy of the same period, The
adoption now of policy avowed by their
declaration of principles would give an
immediate aud disastrous shock to business
We are sometimes told that they do not
mean what they say. If so, could the peo-
pie wisely intrust power to a party which
does not mean to keep its promises! AT
other times we are told that their candidate
neither believes their platform nor would
dream of carrying il out. We put no such
aspersion upon their candidate. 70 hold
the nomination under such circumstances
would he an act of trcachery to the party
whose standard he bears, and of folly he
sides, sincc the country could see an effort
was in progress To deceive il. Nbovc all
things the American people like plain deal
ing and despise the men who have not the
courage of their convictions, and rcpudiatc
those who try to deceive them.
The duty of carrying out the plain pur-
pose decided by the overwhelming majority
in the highest tribunal, would dcyoNe, not
upon the President but upon Congress to
he elected by this party. The danger was
never before so great. II been sometimes
said 'You predicted all manner of dsas'
ters when Mr.. Cleveland was elected, hut
nothing happened.
4 good many regrettable things did hap
pen: though the worst could not, because
the hands of the party were tied in Con
gress. But the Democratic victory in the
states which they must now carry to elect
the President would also insure then
enough new senators to reverse the present
slender majority in the nited States Sen
ate If they elect the President this time
they will clearly have both the House and
Senate.
Mr. Reid says the attempt to divert atten-
iion from the tariff and currency to the al
legged force hill scarcely calls for notice.
He remarks that the principle of federal
supervision of elections by federal officers
as embodied in the law, was enforced by
Mr. Cleveland, then President, at the elec
tons in 1886.
Mr. Reid saws the Republican party hai
taken steps to revive American shipping.
matter on which the Democratic platform
is silent. AMI in conclusion he pays higl
tribute to President Harrison- administrn
ton, and expresses the belief that il vii
command popular approval at the polls.