The pioneer press. (Miller, Hand County, S.D.) 1893-190?, 1896-09-03
M'KINLEY'S LETTER
THE REPUBLICAN NOMINEE SlGNl-
FIES HIS ACCEPTANCE.
He Reviews the Platform Adopted
by the National Convention mt
st. Louis and Endorses the Narf-
GUS PInnks-He Argues In Favor
of Protection, Reciprocity ana
the Present Financial Standard.

Canton, Ohio, Aug. 81. Maj. Nc
Kinley's letter of acceptance was is
sued to-day. 1t is as follows:
CThe subheads in the letter We're
written by Mr.. Mckinley
Hon. John NJ. Thurston, and others, mem
pers of notification committee of the Re
publican national convention: Gentlemen:
In pursuance of the promise made TO your
committee when notified of my nomination
as the Republican candidate for president,
| beg to submit this formal acceptance Of
that high honor, and to consider in detail
| questions at issue in the pending cam
paign. Perhaps this might be considered
unnecessary in view of my remarks on
that occasion, and those | have made TO
delegations that have visited me since the
st. Louis convention, but In view Of the
momentuuS Importance of the proper set
tlcment of issues presented on our future
prosperity and standing as a nation and
considering only the welfare and happiness
of our people, | should not be content TO
omit again calling attention to the things
that In my opinion vitality affect our
strength and position among the govern
ments of the world. our morality, integrity
and patriotism as citizens of the republic
for a century past has been the best hope
of the world and tn inspiration of man
kind We must not now prove false TO our
own high standards in government. nor un-
mindful of the noble example and wise
precepts of the fathers or of the confidence
and trust which our conduct ia the past
has always inspired.
The Free Coinage of silver
For the first time since TSGS IL ever before
then, is presented to the Americans this
| year n clear and direct issue as TO our none
tary system of vast Importance in its effects
aud upon the right settlement of which
rests largely the financial honor and pros
| perity of the country. 1t is proposed by
one wing of the Democratic party and It's
allies, the Peoples and silver parties, to
inaugurate the free and unlimited coinage
of silver by independent action on the part
of the United States, at a ratio of sixteen
ounces of silver to one ounce of gold. The
mere declaration Of this purpose is a menace
to our financial and industrial interests
and has already created universal alarm.
1t involves great peril to the credit and
business of the country, IA peril SO grave
that conservative men everywhere are break
ing away from their old party associations
and uniting with other patriotic citizens in
emphatic protest against the platform of
the Democratic national convention as an
assault upon the faith and honor of the
government and the welfare of the people.
We have had few instances in the lifetime
of the republic more serious than the
one which is thus presented.
No Benefit to Labor.
The character of the money which shall
measure our values and exchanges and
settle our balances with one another and
with the nations of the world is of such
primary Importance and so far-rcaching in
its consequences as to call for the most
painstakHg Investigation. and in the end
a sober and unparalleled Judgment at the
polls. We must not be misled by phrases
nor deluded by false theories. Free silver
would not mean that silver dollars were to
be freely had without cost or labor. 1t
would mean the free use Of the minis of
the United States for the few who are
owners of silver bullion, but would make
SILVER coin no frccr to the many who are
engaged In other enterprises. 1t would
not make labor easier, the hours of labor
shorter or pay better. 1t would not make
farming less laborious or more profitable.
1t would not start a factory or make a
demand for IN additional days labor. 1t
would create no new occupations. 1t
would add nothing to the comfort OF the
masses, the capital Of the people or the
wealth of the nation. 1t seeks to introduce
n new measure of value, hut will add no
value to the thing measured. 1t would
not conserve values. On the contrary, II
would derangc all existing values. Ii
| would not revive business confidence. but
its direct effect would be to destroy the
the little which yet remains.
What 1t Means.
The meaning Of the coinage plank
adopted at Chicago is that any one nav
take Il quantity Of silver buIIion now
worth 53 cents. to the minis Of rho
United states, have II coined at the OK
pehSe OF the government and receive for
II a silver dollar which shall be legal
tender for the payment of all debts. public
anu private. The owner Of the silver
bullion would get the silver dollar. II
WOnll belong IN him .,l ,,lt
other people would get II only by their
labor, the products of their land or some
thing of value. The bullion owner. ON the
basis OF present values. would receive thc
silver dollar for 53 cents worth Of silver.
and other people would be reuuirrd IN Pa.
ceive 1t as a full dollar in the paymcnt
OF debts. The government would gct moth.
'hS from the transaction. Ii would bear
ne expense or coming the silver and the
ohiInunity would suffer loss by its use.
The Dollars Compared.
We have coined since 1876 moro than
W,ooO.WO of silver dollars which are main.
tained by the government at n MARTY with
goid ahd are a full legal tender for the
payment or all debts, public and private.
HOW are the silver dollars now in use diff.
iereht from those which would be I'm use
uhaer Tree coihagcF They are to be OF the
same weight and fineness: they are To heor
the same stamp Of the government WHY
would they not be of the same yaluey
answer: The silver dollars now In use were
coiheu Oh account OF the government and
not for private account or gain. and the
government has solemnly agreed IN konn
them as good as the best dollars we have,
Inc government bought the silver bullion
at IS market value ana c,.ncd it into silver.
having exclusive control Of the mintage IL
CONS only what IT can hold Mt a parity with
gold. The profit presenting the difference
peiWeeh the commercial value of the silver
bullion and the face value If the silver dol
lar goes to the government for the benefit
OF the people.
Who OnXnrnmnnt hnnnh. -