Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1892-09-10
HARRISON ACCEPTS.
His Letter to the Committee on
Notification.
The Presidents Views on Silver, the
Currenoy and Labor.

The Presidents Views on Silver the
Currency and Labor.
President Harrison's letter accepting re-
nomination as the Republican candidate for
President has been made public 1t is as fol-
lows:
Hon. VIM. NJ. Mckinley, Jr., and others,
committee, &c-Gentlemen: | now avail
myself of the first period of relief from pub
lie duties to respond TO the notification
which you brought to me on June %, of nv
nonina ion for the office of President Of the
United States by the Republican National
Convention, recently held at Minneapolis
accept the nomination and am grateful
for approval expressed by the convention
Of the acts of the administration | have en-
deavored without wavering or WEAKNESS SO
far as the direction Of the public affairs was
committed to me to carry out the pledges
made to the people in 1888. If the policies of
the administration have not been distinct
lively and progressively American Republi-
can politics, the fault has not been in the
purpose, but in the execution.
| shall speak frankly of the legislation of
Congress and of tho work of the executive
departments, for the credit of any successes
that have been attained is in such measure
due to others-SenatorS, Representatives and
to the efficient heads of the several executive
departments-thatI may do so without i'm
propriety. A vote of want of confidence is
asked by oul adyersaries; and this challenge
to review Of what has been done we promt-
ly accept.
The great work of the Fifty first Congre s
has been subject TO a revision of Demo
cratic House of Representatives, and the acts
of the executive department to its scrutiny
and irve,ti2 alton. A Democratic NATIONAL
administration was succ eded by a Republi-
can administration, and the freshness of the
events gives unusual facilities for ia I COM
parison and judgments
There has seldom been time, / think
when charge from the declared policies of
the Democratic party involved such serious
results to the business interest of the coun-
try. A brief review of what the Democratic
party proposes to undo will Justify this opiu-
ion.
THE CURRENCY.
The Republican party, during the civil
war, devised national currency, consisting
of United States notes, Issued and redeem
able by the government of the national bank
notes based upon the security of United
States bonds. A tax was levied upon the is
sues of State banks and the intended results
that all such issues should he withdrawn,
was realizel. There are men among lis now
who never saw a State bank note The notes
Furnished directly or indirectly by the
United States has been the only and the safe
aud acceptable paper currency of the peo-
ple.
Bank failures have brought no fright, de
lay or loss to the blllholders. The note Of an
insolvent bank is as good and rs current as
treasury note-for the credit of the I'm ted
fS MI ic oil 10,
money! might almost say International
for these bills are not only equally and indi.-
or intimately accepted at par in all the s. al es
but in scme foreign countries. The Demo-
cratic party, if entrusted With the control of
the government, is Now pledged to repeal the
tax on State Eanks issus with view to put
ting into circulation again, under such di-
verse legislation as the States may adopt, a
food of local bank issii s.
Only those who, in the years before the
war experienced the inconvenience and losses
attendant upon the Use of such money, can
appreciate that r. turn to that system liz
wolves The denomination of bill was then
often no indication of It's value. The bank
detector OF Yesterday was not safe guide to
day as to credit or valves. Merchants de
posted s'~.Ial ine, during the day lest the
the hour > bank closiug should show de-
probation Of the money taken in. The trav-
elor could not use in journey to the East
the issue of the most solvent bants of the
West, and in consequence a money-changer's
Office was the famtlisr ueighbar of the lunch
counter
The farmer and the laborar found the
money received for their products and their
labor deprecated whel they came to make
their purchases and :he whole busine of
the country was h,ndered aud burdenel
Changes my be- ONE necessary, but nat
ional system Of currency snse and accepta-
bic throughout the whole country is the
good fruit of Litter exre' ieuce, and ! am
sure rcr people will not consent to the re-
dictionary proposal made by tho Democratic
party.