The Caucasian. (Clinton, N.C.) 188?-1913, 1895-11-07
DEMOCRACY Us.
PRBB SILVER
RECORDS, FACTS, OPINIONS,

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Under ihi, head will b. presented
communications competing Cor The
cAsh priIes announced -lss~h-r. Cor
the best article or Why the Fr..
aud Uuhmiicd Coinage of Silver
Cannot Be Obtained Throarh "a.
Democratic Party
HAsnRorck HKisHrs, y J, Nov.
Because the Democratic p.r,r.
like the Republican party. 10 unAcl ins
ridden; hons-s members 81 the party
have sunk their Independents, and
individuality IN the machine.
The history OF all pAril~. prove a.
they grow older. that leading people
put At their heads eentralise th. con
tending factions, becAu.~ n 4. found
that by such means only 10 ;hr party
capable of carrying out iis objects.
IL II not . aasefion here whether
Capitalization in party is better OF
worse. The fact 10. Capitalization
gives control 10 the party when IN
power or when IL intends 20 g.t IN
power, which IL never has IN a stat.
OF divided organization. This is the
A BIC OF poliiics-the A BIC o,
the present position of the Demo
cratic Party.as opposed 90 other po-
litical factions.
The next question 10. what q, III.
character Of the force governing the
Capitalization of the present Demo
cratic partyf ordinariHIly ~ is sup
posed TO be the platform made NJ the
National convention. But the pre-.
ent Democratic administration Of
Washington proves that such 10 not
nece ssarily the case. For th. plat
form upon which that administration
was elected has, A. is. well known.
been
PAINFULLY CUT Up AND nisusKB.
Therefore, there - som.thing el..
besides . platform that govern. the
conduct of the present leading ae-
tors IN the Democratic party. The
only way TO find out definitely VIA,
this something else 10, and prove H..
is by noting what these sciors have
, been dong since IN power. and what
they are doing to-day.
The story Ia be read on this bead.
is 30 clear and unquestionsble thA,
no particular examination Of the
matter is necessary Ia learn distinctly
what II in. The President course
in his financial recon mendniion-, "a
the course OF all the principal ofsicer,
: OF .he administration. There is re-.
markable unanimiiy among them
all. And IN several prolainent ca
ses, officers who were previously sup
= posed TO act In behalf of free silver.
]. have turned about and acted Agaips,
. il, rs conforms with the President,
marked-out line Of conduct:
So far, IL Is clear that the Demo
cratic platform upon which the pres
ent administration was elected. d,
! quite secondAryinhuence in IN. pres
} ent control OF the party. Whist iher
!. controls the administration NJ Wash
ington
P The Bankers convention, recentl,
E held At Atlanta, Ca, Ane the Bank
: ers' convention held some time ag'
z in Baltimore. and the Bankers con
. ventions held in other parts Of thi
a country
!. EXPOSE THE WHOLE STORY.
These conventions are practically
unanimous in their recommendation
against free silver, and the immedi
a ate adoption Of q policy that Will de
i stroy sS2s ,OO0. 600 Of government pa
= per money now in existence whic
they these bankers say-should b
). replaced
> BY MoSEY Issued BY BAgKs
,e These banks differ slightly in tb
70 matter Of detail, but the main line Q
20 their argument is as described An
e one following the doings OF these cor
!, ventions can easily see that there il
concerted action upon their part I
N demand the eonsept oi the govern
Y ment TO the policy they recommend
d. These bankers say that bonds sboul
er be issued by the government TO n
o' place the government; paper none,
$ bonds which will afford these banks
=; basis for the issue o. what bank ~
per money
lie THEY FIND 1T PROFITABLE TO IssUl
Banks wish 20 issue the money
he the nation-a form Of money vhis
re after the destruction Of the goveri
%, ment paper money, would be redeem
ur able into nothing, have no gold {
y any other basis, and be non-leg
eo tender in the payment Of any kind
&c Indebtedness, in order 10 control n
o. volume Of money in use. and put I
ss. or down the rate OF interest asked .
at II. Besides this, there IL the IL
ed mediate profit they receive in gs
sb ting interest upon the bonds At
ic- base, coupled with the profit or
IN teres, in loaning this money 20 be
rovers.
"a The administration at washingf
bx which is to-day the dominating for
vas in the Democratic party,
rxDoRsEs THIS PROGRAMME
eet which, - al must see, il solely in |
vas half Of usury a. business. 90 q
oes posed to the general interest OF {
Zee people.
ere Free silver in this country, wor
nP, take away the proposed power
- bankers TO control this nations b'
me mess Affairs In their control Of
his money in use, therefore
BANKERS RIpIcrLE THE IDEA
~ Of adopting q free silver Law. II
ed are unwilling TO reason the mat
ex. ont upon its merits. II il not
%, question with these bankers whetl
!. A II is best to oppose free silver. q
Tor for .he country to adopt . hank
e per in the place Of government
.ne per, but il il . question Of exeins
"eA and immediate profit TO them. III
one they openly confess, is what they
The in business for.
Was There 10 . greater power behl
un- these American bankers than q
the themselves are; not real power,
m hG l. L. - >->A