The silver blade. (Rathdrum, Idaho) 1895-1903, 1895-08-17

regulate its own money system in the in
terest of it's own people is right which
no free government can barter, sell or
surrender. This reserved right is part
Of every bond, of every contract, and Of
every obligation. No creditor or claimant
can set up a right that can take prece-
dence over nations obligations to pro-
mote the welfare of the masses of it's peo-
pie. This is a debt higher and more bind
ing than all other debts and one that is
dishonest and reasonable to ignore. The
land and Its products are the basis of all
development and prosperity. The pro-
ductlve capacity of a country must be the
basis of its credit. In opposing the policy
or contraction which must inevitably fur
tner depreclate the value of land and it's
products, we are supporters of property
rights and sound credit and stand be-
tween the homes and estates of the peo-
pie and the red flag Of the auctioneer.
ALL SHOULD OPPOSE.
The policy of gold monometalism has
been characterized by repeated and dis
astrous financial panics. The farmers
have found their prosperity and indepen-
dence constantly waning under its blight
ing influence. The manufacturers are in
terested to oppose it, for they find the
price of sales falling below the cost of
production. Merchants should oppose it,
for with falling prices they are often
compelled to sell for less than they paid
for manufactured goods. Neither the
manufacturer nor the merchant can pros
per unless the mass of consumers realize
such prices for their product as to supply
themselves literally with the necessities
and luxuries of life. Nor can wage earn
ers prosper for there is less and less COM
petition for their labor.
The democratic party is the traditional
friend and champion of bimetalism. It's
strength, power and popularity have been
largely built up on it's steadfast opposition
to demonstration of silver and it's record
of unwearied effort to restore it to it's
historic place as full money metal equal
with gold. The effort at this late day to
make it par excellence the champion of
gold monometalism is an effort to dis
honor it's record, it's promises and it's
principles. The moment the democratic
party is forced into this position 1t heaps
obliquy on it's past and crowns it's great
adversary with glory and honor.
Duty to the people requires the party
of the people to continue to battle for
bimetalism until it's efforts are crowned
with success; therefore, be it
Resolved, That the democratic party IN
national convention assembled should de-
mand the free and unlimited coinage OF
silver and gold into primary or redemption
money at a ratio of IL to /, without Walt
ing for the action or approval of any other
nation.
Resolved, second, It should declare Its
irrevocable opposition to the substitution
for metallic currency of a panic-breedlne
| corporation credit currency based on a
single metal the supply of which IS sc
| limited it can be cornered at any time by
few banking institutions in Europe ano
America.
| Resolved, third, It should declare its
! opposition to the policy and practice OF
surrendering to the holders of obligations
of the United States the option reserved
I by law to the government of redeem1ne
| such obligations in either silver coin OF
| gold coin
! Resolved, fourth, It should declare IT.
opposition to issuing interest bearins
bonds of the United States in the time
of peace, and especially to placing th'
treasury of the government under TIT
control of any syndicate of bankers, ant
the issuance of bonds to be sold by then
at an enormous profit for the purpose O
supplying the federal treasury with golt
to maintain the policy of gold monometal
i.roN