New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-08-23

It's National platform for the repeal Of the Gove ans
cry was raised by Rcpubca leaders. if public
enemy under was about to invade the country
Investigation Of the subject, however, showed that no
one had lost dollar by the depreciation , ol
the notes Of regularly chartered state bank or It's
failure to redeem It's currency In gold or silver wne'
ing medium, resting a specie basis. and always
redcemabe, that was driven out OF existence y a
Of the National bai.ks Mr.. Voorhees, denied the
constutionalty OF the 10 per cent tax on state BANK
Court had reached such conclusion. and argued
for right of the State 10 provide It's people with
%an Garcua snpIoln Se hat ih G
should Congress- dol lie did not expect the Govern
ment ever TO abandon National currency, thonga
II would abandon The system OF National paw r, tn
states notes such are now and have been IN
existence for thirty Years past their PAym neId
snpersede all other National money except gold and
silver and that without Jar or cSn Gs OF To ba
we'll guarded, safely secured currency issued ny me
states and guaranteed according TO the Constitution
Meanwhile II should be the plain duty Of the
Federal Government 10 issue its own nassalla6le
currency and also by the payment Of It's debts, and
TO Issue them in amounts equal to the requirements
% Ui Tdf the breath ps Of e in
village and hamlet in the American Union; uniform
well known as the flag wherever flies that emblem
Of the power and gary of united and frateinal
ptDpIc' lnoSt HNtu ~ wv ""'P'.
OF this policy would look upon the safest. strongest
and most beneficial system Of finance ever before
known in American history. II had In 1t these ele
ments:
a. sufficient volume OF currency at all times,
State and National. practically specie basis
guaranteed also by public honor. .
Co. The absolute denial and destruction OF all
power I'm the hands OF individuals. corporations or
svndicates TO cause fluctuations in amount Of the
different curencics in circulation
CO. Every dollar in circulation. whether gold or
silver, state bank paper or United States notes on a
stlict parity and Interchangeable with every other
dollar.
a. The settlement of the vexed question OF silver
money at once and forever by authorizing 1t to
form It's portion OF the specie basis required by the
Constitution for every chartered bank In the Union
fy recognizing 1t when defining the powers OF the
states make legaltender money, thus making the
OF silver coined into money. rs imperative as II
Will he useful TO the great body OF the people.
(5 The total and complete overthrow OF the danger
Gus cenIrayation OF thu money power.
To these five propositions he added but one mora
carefully adjusted and graded income taxa most
equitable and upright measure In providing Govern
mcnt revenue and demanded by oldashioncd, eternal
Justice. =,
mean time and in view OF the present crisis, fun Of
peril as II is. let the whole people Of the United
STATES of every commonwealth and Of every neighbor
hood cast ont their fears and abide IN an mistaken
faith that the present disasters Will pass away and
be- followed soon much needed reforms can be
accomplished the unbroken sunlight OF prosperity.
and that He who determines the destiny OF nations
viii cause the Republic OF their fathers to win. and
not 10 lose in the trnnscendent mission 10 which 1t
was dedicated q hundred years ago