Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1895-08-15

racy is opposed to bimetallism and
favors the maintenance of gold mono
metallism; and the humiliation Of
our national currency, thus necessltat-
ing the issue of millions ofbonds, and
the establishment Of tho old state
bank system of currency, thus still
further appreciating thevalue Of gold,
to the loss OF the people, and the
striking down Of all protection to the
manufacturing, agricultural and labor
interests Of the country. 70 build up
an aristocracy on the one side, and
serfdom on the other; aud which
would result in the destruction VI the
liberties Of the people and tho over
throw of the republic,
When the demonstration OF silver
became known the people demanded
its restoration. But whila they asked
bread they we're given a stone. The
democratic party in it's platform at
Chicago, declared, I'VE hold to the
use of both gold and silver as stand
ard money of the country and to the
coinage of both gold and silver with
out discrimination against either metal
or charge for mintage." Thus the
people had a right to expect in case
that party was successful, which it
was, that the above declaration would
be carried out IN good faith. In this,
however, they were deceived. As
soon as Mr.. Cleveland was elected he
began war on silver. He declared
that the salvation Of the country de-
pended upon the immediate repeal OF
the silver law; that with Its repeal
prosperity and good times would res
turn. Accordingly congress was call
cd together in special session on Aug
ust 7, 1893, to repeal the law. In his
message at the time President Cleve-
lond among other things said; Gold
and silver must part company" This
too, Notwithstanding he was elected
on platform in favor Of bmetallism.
The silver law was repealed, and with
it the last hope Of bimetalllsm under
a democratic administration. Con-
gress afterwards, in order to make
some amends, passed what was called
the "signorage BILL" and which was
promptly vetoed by the president.
We are told by the monometsllists
that to restore silver as standard
l money would drive gold out of the
country. 1t is already out Of the
: country, and can only be brought
/ back by the issuance of bonds and by
it's purchase by the government.
We submit that to restore silver
l would not drive gold out Of the coun-
4 try. The unlimited demands for both
y metals without Legislative discrimina-
ton against either, would place both
on commercial parity, AS to in
creased production Of silver over gold,
d statistics show that the proportion OF
the worlds product of silver over gold
!. was greater before than since it's de-
monetization. In our Judgment, BIZ
metalllsm is the only thing that will
:, control gold, and make it tributary to
1t the wants Of the government, and save
It the people from bankruptcy.
= The democratic administration Is
, trying to control gold by placing the
$ treasury under o syndicate OF foreign
II shylOcks, and has actually paid them
% some nine million of dollars in the
N nature Of commission on the last sixty
two million of bonds sold to them in
y consideration of their protection che
1T treasury until about October LIST. II
n is a clear case Of sitting the bull Il
"a watch the cabbage. What an insult
% and humiliation to American pat
:, riotism. The only way to proven
Oh raids of this kind is by restoring sill
t. yer to the standard money to assist il
10 meeting the demands upon the treas
as ury. Without this as it seems to us
~ these raids will continue until tn
country will become bankrupt, anc
as the liberties Of the people destroyed
le Therefore, as republicans who de
k sire to secure the best interests OF the
= people, and at the same time pre-
= serve and perpetuate our party, VI
Oh demand:
lg First-The restoration OF silver d
of the position Of standard money, as /
- occupied before its demonstration b,
y congress on February IL, 1878; will
Ils such protection by way OF duty Of
a. imported silver as shall equal tn
n difference, if any may exist, between
II. the commercial and the coinage valu
"a thereof.
~ Second-While we encourage ever,
~ attempt at securing an internatlona
congress to agree as to the world
n use Of silver (although we do not be
,o lieye the gold monometallists deslr
~ such conference, nor do we believ
ol it practicable), yet we are in favor o
to the restoration Of silver as STANDARD
wv money regardless Of the action OF an,
ed or all other nations.
il Third-As republicans we are IN
w aIterably opposed to gold monomet
te allism, or the single gold standard
lg as final redemption money IL TIL
W country. :,
Al u,a nall nnon the republican