The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-05-24
alton, tho retention aud maintenance Of
tho oxlating gold standard

alton, tho retention aud maintenance Of
tho oxlatine gold standard.
because q change from thogold TO tho
silvcr standard would have the effect to
ropudiato ail public and private obllga.
tione to tho extent OF tho di ilorenco bo.
tneon tho bullion value Of tho gold and
silver dollar.
because whenever such ch ango should
DO seriously threatened 1t would cause
nn immediate attempt nj II collection
and liquidation OF all debts In anticlpa.
,ion OF tho result II would produce.
Because such transition from tho gold
TO tho silver basls would destroy public
and private confidence aud would In
volvo tho country In such panic, con.
fusion and distross that tho products Of
agriculture and tho wages OF labor
would bo unrcmunorntive. tho business
oil commerce would become unproiltablo
and our people engaged In industrial
occupations would DO thrown OUT OF
employment.
Because thoro 10 not q progressive, nn
enlightened country IN tho world which
has not elected gold as tho preferable
standard.
Because gold standard countries re.
tain silver In their circulation OF par.
ity with gold, whoreas theto is no silver
standard country which San utilize gold
as money.
Because thoro 10 not q silyer country
on tho globo whero:the.wagos OF labor
arc suhiclont to sustain the working
classes in comfort and independence,
and. finally.
Because tho high destiny OF tho
United Statcs demands for tho uso OF
the American people that money which
experience has taught mankind 10 be
best suited for tho promotion OF COM
merce, the development OF manufacto.
ries. tho encouragement OF labor aud tho
advancement OF civilization.
FAVOR DiMsrALLrsM coSDfrioSALLY.
Fourth-We would rejoice over the
adoption OF real bmetnllism, but, in
view OF tho continued fluctuations in
the price Of silver in the open market,
We realize tina. 4 is impossible for the
United States, independently, to adopt
q b!metallic standard, and we deem it
unwise and hazardous 10 tho best inter.
ests OF Its people for this country 10 At
tempt its establishment. We favor the
policy OF this country standing in the
attitude OF readiness at all times to CO.
operate with the other powers in any
effort they may inaugurate looking 10
the adoption Of true bimetalism, but
in the meantime, and until successful
cooperation Is assured, to maintain
invioIatc It's existing standard of value.
Fifth-We favor the retention as part
OF our money the silver now coined, and
in order 10 give wider field for the use
OF silver We favor the coinage OF money
other than silver and silver certificates
below the nomination OF ten dollars
into higher denominations, 80 as TO
make our entire circulation, below the
denomination OF ten dollars, either sill
yer or silver certificates, and TO thiE end
tho secretary OF the treasury should be
authorized by law TO coin from time to
time, as the people may require them,
silver dollars until the demand of com.
merce for money below the denomiua.
tion OF ten dollars Is at all times satisfied.
The sixth and seventh resolutions
advocate change in the national bank.
ing systom TO secure more elastic cur.
rency. and commend Presiden. Cleye.
land for his financial policy.