The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1892-10-19


url1gs such results, would be madness,
while to denounce it as a sham is as un-
patriotic as it is untruthful
"On the subject OF the currency the
issue between the Republican party and
its opponent is almost as sharply defined
as on the tariff. We demand that every
dollar-paper, silver or gold--shall DO
made and kept as good as any other dol
lar. Our opponents while protesting
the same desire, demand That the national
bank currency shall be broken down by
the repeal of the 10 per cent, tax on tho
issues of state banks. The proposal of
our opponents is to sectionaliZe 1t again,
and thus return to the state bank system
under which it was rarely equal to coin,
was often at a ruinous discount and
often worthless.
ut is true that the gradual payment
Of the government bonds may require
some change in the securities demanded
as a guarantee for the national bank
notes. The party which devised the
system and made it a magnificent sue
cess may be relied upon to meet that
emergency when it arises; and the ono
party that assuredly could not be relied
upon in the matter is the party which
has now formally proposed, as its remedy
for the difficulty, a return to the semi
DarDarOuS cOnulUlOn OF Cle heterogeneous
state bank issues before the war
"There is good reason to hope for some
practical union of effort for common
solution of the silver problem, with an
increased use of silver, through the re-
newed international silver conference,
which the wise policy of the present ad-
ministration has secured from the lead.
ing commercial nations of the world.
A Dangerous Policy.
"It is a statement which no candid
and competent business authority, what
ever his political tendencies, can deny,
that the adoption now of the policy
avowed by onr opponents in their declar-
alton of principles as to the repeal of the
present tariff, the passage of a tariff for
revenue only and the substitution Of
state bank for national currency would
give an immediate and disastrous shock
to business.
"But we are sometimes told that they
do not mean what they say If so could
the people wisely entrust power to
party which does not mean to keep its
promises, and appeals for popular support
with an admitted lie upon its lipsl
"At other times we are told that their
candidate neither believes their platform
nor would Dream of CARRYING it out, and
that therefore there is no danger Wo
put no such aspersion upon their candi-
date. To hold the nomination under
such circumstances would be an act not
only of ftreachery to the party whose stand
ard he bears, but of folly besides, since the
country could not help seeing that IN
effort was in progress to deceive it as to
either the policy of the party Of the pur.
pose of the candidate.
Furthermore, the duty of carrying
tha ,,1oir, Ia,i1a1 I,y
an overwhelming majority in the highest
Democratic tribunal, would devolve, not
upon the president, but upon the con-
gress to be elected by this party, which
promises the repeal of the present tariff,
which demands tariff ;or revenue only,
and pronounce5 any other unconstitu-
tional, and proposes to abandon the
national bank currency in favor Of that
issued by state banks.
The Danger Never So Great.
1.-THE danger has never been so great.
The Democratic party has often threat
ened the ps"ce of the prosperity OF the
country, but within the memory of this
generation it has not ever had the power
to carry its purposes When it had a
president he was held in check by Re.
publican congress, and when Demo-
cratic house of representatives was
elected it was still held in check by
Republican senate Not for one hour
since March, 1850, has the Democratic
party had power to control the legisla-
ton and direct the policy Of the United
States government. But the present
political situation makes it plain to every
observer that Democratic victory in
the states which they must now carry to
elect Il president would also insure them
enough new senators to reverse the pres
ent slender majority in the United States
senate. If they elect a president this
time they will clearly have both tho
house and the senate, too, and will thus
be placed in absolute control for the
first time since 1859, with nothing to
prevent their carrying out the threats
they have made against both the present
tariff and the present currency
Mr.. Reid, speaking Of the alleged force
bill, says it scarcely calls for notice, The
very title of the bill referred to, he says,
proclaimed its object to be to prevent the
use OF fOl ce at elections. 1t failed, any
way, and the southern white man who
were lately its chief, as they were its
most interested opponents, now begin to
wish it revived to protect them from be.
ing themselves counted out of elections
they have fairly won.
In closing he pays a high tribute to the
administration of President Harrison,
concluding as follows;
Il believe yonr declaration OF princi-
pies and your denomination of prudent,
spOtless and successful president will
command the popular approval at the
polls, and will, under God inure TO the
continued benefit of our country"