The Neihart herald. [volume] (Neihart, Mont.) 1890-1901, 1894-12-08


by Mr.. Barker of Philadelphia to
VIM. Mckinley on the financial
policy to be adopted by republicans.
After a series of sound arguments,
leadion up to the question of bi-met-
allism, Mr.. Barker concludes as fol-
lows:
The establishment of bi-metallism
on the plan | propose could not fail to
support prices, and to encourage COM
mercial and industrial activity. The
wage-earning classes would find work
and have money to spend for better
food and manufactured articles. Gen
cral interchange of services and COM
modities would be re-established. This
prosperity would attract an investment
of foreign money, and rates for money
would be lower, for we would have an
increase in the supply of money, from
our mines, from money sent here in set
Element of trade balances, and from
money sent here for investment.
America would free herself from Deepen
dence on European money-lenders.
Permit me to call Your attention to a
Declaration of Principles | had the honor
to prepare last January for an association
of influential citizens. 1t is unnecessary
for me to say that | believe now as firmly
as | did then, that this platform is one
"A great majority of the people of the
United States would endorse when prop
erly presented to them.
DECLARATION OF PRINCIPLES.
/. We demand legislation that will
check and prevent the aggression of con-
centratcd capital: that will provide
means to discover dishonest overcapitali-
cation of corporations and enforce penal
ties against such over-capitalization.
2. We demand the maintenance of a
true protective system, a system that
(a.) Protect American labor against
underpaid and degraded European and
Asiatic labor, and secure to American
citizens the American markets.
o. Extend American fereign COM
merce by adequate subsidies to Ameri-
can shipping.
Ca Remove all protective duties
from imported articles which domestic
'.trusts" and combinations created to
control domestic production and repress
domestic competition, have monopolized,
destroying thus at home the benefit
which protection along the frontier is in
tended to secure.
(d.) Demonstrate that protection is a
national question, not a class question,
, and that protective duties are not i'm
D., posed for the benefit of any class, but
for the public advantage () diversified
industries, (2) the industrial indepen-
dence Of the nation, (3) the maintenance
of comfort and intelligence among the
people, and az the promotion Of do
nestle M through extension and
improvement of the means of commune
n cation.
We demand legislation that will
establish on IA permanent basis the un-
restricted use of both gold and silver as
money of the United States; that will
admit to the minis of the United States
for coinage silver bullion from mines OF
s the United States of America, upon pay
mcnt by the owner of a seignorage alb
sorbing threc-fourths of the difference
between the market London) price and
its value when coined; and that will adj
NIT foreign silver only for coinage pur
poses at a seignorage absorbing all O
the difference between the market (Lon
- dom price and its value when coined.
. 4. We demand the extension of on
external trade relations with countries
b having different soil, climate and pro
ducts from those of the United States
especially when they use both gold anC
II silver as money, unrestricted in amour
e and upon an agreed ratio, thereby cstab
fishing an International Trade League.
>. We demand legislation that viii
J. prohibit sale of public lands to alien:
e and the ownership of lands by aliens.
- 6. We demand legislation that vii
. prohibit immigration of subjects or Cit
Q zens of foreign countries, unless sucl
= immigrants intend to become citizens o
the United States, and unless they cal
" demonstrate that they have not been o
the criminal or pauper classes in TIT
e countries from which they emigrated.
| write this letter because you stand il
v the front rank among those who SHOULD
II lead in times of public peril land thes
n of grave public pelil,) and you shoul'
tell your countrymen what you believ
=" they should do at such times. The cam
lie paign of 1896 should be made for Ameri
J. can Protection and American Bi-Metal
ism against British Free Trade an
: British Gold Mono-M etallism.
S, The Manufacturer, a paper publishe
y every Saturday under the direction c
; the Publication Committee of the MANI
- facturers' Club of Philadelphia, IA mos
IN powerful and influential body, has place
n at the head Of the editorial page thi
declaration of faith:
q THE N-pnA Dn Enp 1900