The Caucasian. (Clinton, N.C.) 188?-1913, 1895-09-26
The Kentucky
Campaign,
CONTINUED From First Page.l

He asks Congress to give him power TO
issue bonds. 1t refused the request.
He finds an old statute, despite their
refusal, and $162, 100000 are issued any
way, and he proceeds to use their pro-
ceeds for an unlawful purpose.
Beyond all this he has sold the
credit and good name OF America to
an English Baron, Rothschild, by name,
for six months for 81 900 900. when our
people, without the expenditures Of
dollar, were
ANXIOUS TO PRESERVE 1T THEMsKLvEs,
I'm the purer days Of the republic,
Washington, Jefferson and Lincoln,
would have been inpeached and de-
prived Of their high office; but Cleve-
land, In this day and generation, "be-
ing a bigger man than Grant" IL ap-
plauded by all the banks and syndi-
Gates.
"Oh, shame, where is thy blush"
Senator Beck's patriotic words
should cause Kentuckians to ponder.
In his speech In the Senate OF the
United states, January 18th, 1873, ne
said:
II know that bondholders and monopo-
lists OF this country are seeking 70 destroy
all the industries Of the people in the greed
to enhance the value OF their gold. know
that the act of 1873 did more than all else to
accomplish that result, and the demonetiza-
ton act of the Revised Statutes was an lille.
gal and unconstitutional contamination Of
the fraud. want to restore that money to
where II was before. and thus aid in pre-
venting the contamination of their de-
signs"
The first step Of the Peoples party
il TO enlarge the volume of the cur
rency by the free coinage Of silver.
The next step is equally as plain and
practical. Analyze the second plank
In the platform:
''In order TO secure and maintain safe
sound and flexible currency, We demand
that the national banking system and all
banks OF issue be abolished: that the Ma
tional Government proceed TO issue National
Treasury notes, all Of which shall be full
legal tender for all debts, both public and
private, and in quality sufficient to restore
the general range Of prices and prosperity
that existed before the demonstration OF
silver in 1873, and to increase in quality wear
after year with the increase in population
and business, so A. TO maintain equality be-
tween debtor and creditor; 70 facilitate the
development OF our great national resources
and to contribute TO the general prosperity
of our people"
What is it we demandy
We should have all money safe,
sound and flexible"
That the national banking system
and all banks Of issue be abolished,
making them banks of deposit and dis
count, and not of issue.
That the National Government issue
National Treasury notes, all to be of
full legal tender for all debts, public
and private.
This is not new doctrine. IL 10 As
old as the Government itself. It will
meet the demands and the increase of
population. Every dollar will be
sound dollar. 1t may
NOT BE SCARCE DOLLAR,
but every dollar SO issued would be
backed up by the property and honor
Of this nation, and 1t would be treason
to the country TO attempt its deprecia-
tion-being the life of the nation!
The issue of National Treasury notes
IS no experiment. Sixty millions were
issued under the acts of July, 1861, and
February, 1892. There was no gold or
silver basis for this money. 1t never
deprecated n farthing, but always
maintained parity with gold, 1t
proved that Jefferson was correct
when he said:
Treasury notes secured by pledges of
the faith and credit Of the Government,
with or without interest, will make bettAr
currency than gold or silver"
1t proves that Calhoun was right
when he said:
II undertake to affirm positively and
without the least fear that I can be an
swered, that paper issued BY the govern
ment with the ample promise to receive il
Tor all dues would be as steady and uni
form in value as the metals themselves"
The Supreme Court of the United
states says that such money is as good
as gold or silver, and whatever power
there is over currency is vested in
Congress
This is the Peoples party plank on
the hnarces. 1t is so plain that the
"wayfaring, though he be-a Republi-
can or Democrat candidate for Gov
ernor-need not err therein" There
Is no more difference between the Dem.
ocrats and Republicans on this great
issue than between "tweedle DUN
and tweedle dee" No wonder they
DENIED Us APART IN THE JOINT DEBATE.
Cleveland and Sherman stand shoulder
TO shoulder on the financial issue; Cor
man and Mckinley lock steps on the
Bradley (the Republican nominee
tells you that he is q Republican, yet
no Republican platform ever-.adyocated
a"silver gold standard as the basis
for redemption money. The Kentucky
platform, uDon which he was nomi-
mated, does not do so. He forgets the
history Of his party; and Hardin
Democratic nominee) doesn't know
1t, or he would tell it to him.
The Republican platform upon which
Harrison and Morton were elected
enunciates this doctrine:
THE Republican party is in favor
of the use of both gold and silver A.
money, and condemns the policy of
the Democratic Administration in its
efforts to demonetlze silver"
Great God said the woodchuck,
And Away he fiew."
LII gold is to be the only standard
why does any one urge the use of the
silver dollar at all? Why permit the
people to pay 80 cents for metal to
make so cent dollar?
LII Mr.. Bradley can't answer il let
him PROFOUND it to Secretary Carlisle.
unless he be . too recent convert To
the Republican financial theory.
The embarrassments surrounding
Hardin are two-fold! What IL the dif.
ference between the Kentucky plat
form and the National platform of
1892, which he stands "upon with both
feetg" Take either horn of the diilem-
ma, he places himself in the attitude
of Millions creation:
(which way / fly is hell!
Myself am hell!"
That the Democratic Convention
defeated the free silver element of
the party
CANNOT BE QUESTIONED.
IL Overwhelmingly adopted the gold |
standard by every rule Of construction
known-it was the intention of the |
convention-and to place it beyond |
doubt expressed "undiminished conf.
dence in the Democracy of Grover
cleveland" and thanked him "for his |
honest, courageous and statesman |
like management of public atfairs,r
What did that meanS Did IL r.f..