The Forest Republican. [volume] (Tionesta, Pa.) 1869-1952, 1896-09-02

that any failure to redeem that pledge
would be population and dishonor.
on the other hand, Major Mckinley
shows clearly that under free coinage Of
silver no obligation could be imposed
upon the Government, or, If there was,
! it would be powerloss to fulfill it, The
| Government would be compelled TO ro-
/ ceivo the bullion from its owner, stamp
| it with the official die and return il to the
owner of the bullion, Such dollars
would not be issued by tho Government,
| but would go into circulation only as
| paid out by the owners of the original
! bullion and would have to stand upon
their own value. This proposition is
! clear and self-cvdent. Continuing, Gov
ernor Mckinley says if the coinage de-
mand increased the value of such coin
| from 90 cents 10 100 cents-as is contend
ed by some free coinage advocates
| it will he no easier to secure than dol
lar is now. But that such would be the
| result is contrary to reason and the ex-
perionce of all the past in all lands The
result would be depreciation of the value
of all property and incalculable loss the
impairment of contracts, the further i'm
poverishment of laborers and producers
and a deadly blow to trade and COM
merce.
Referring to bimetallism, Major Nc
Kinlcv points out that the adoption of
free coinage of silver 10y the United
States alone would be to drive farther
away the desirable international agree
ment for the joint use of gold and silver.
This country would be driven npon
monometallic silver basis and the en-
lightened nations of Europe, coming into
| possession of our stock of gold, would
have no incentive to use silver for years
TO come. Tho contraction of the cur
rency that would follow the driving out
of S50O,OOO,O0O of gold from circulation
would inflict serious injury upon the
country and farmers and laborers would
DO the greatest sufferers, receiving de-
preciated currency, in scant supply, for
their products and toll, and suffering
from the loss of home markets and lack
of employment through the stoppage and
crippling of industry.
Passing from the coinage question to
the tariff issue the Republican candidate
puts aside the problem so clearly solved,
for the illustration by contrast. Quoting
from the message to Congress by Presi-
dent Harrison in December, 1892, the
highest prosperity of the nation is pic
tured. Quoting from the message of Pres
ident Cleveland to the special session of
Congress in August, 1898, tho condition
of panic and suffering is presented.
During those few months a complete
change was brought about. The coun-
try had the same currency; it was on the
gold standard; it had good money. The
loss of confidence was due to a change OF
administration a change of political
control in all departments of the Govern
ment and change to party that avow-
ed its purpose to strike down protection
, What is needed now is to restore conf.
dence and bring back prosperity.
The failure of the Democratic tariff Il
produce that for which it was avowedly
| createl, revenue, is severely and Justly
arraignod. The increase in the publ,
debt of S262, 600, 900 is visible evidence o
: its failure. Meantime the country ha,
. been lousing in foreign trade and domes
/ tic markets. The cause suggests tn,
J remedy, says Mr.. Mckinley, and to thi'
end: "Protection has lost none of its vir
! tue and importance. 1t will be the frs
duty of the Republican party TO enact
! tariff law to raise all the money necessa
, ry to run the Government, economically
, and honestly administered, so adjusted
as to give preference to home manufac
> turers and to give adequate protection t,
, home labor and home markets." Th,
party, he declares, is not committed Il
, any special schedule or rates, since thos
arc and always will be subject to chang
under varying conditions.
The letter discusses briefly aud sensi
bly, the party pledge TO restore the reel
procity feature of tariff administration
the restriction of foreign immigration
! the liberal treatment of our old soldier
! and sailors, the encouragement of ou
merchant marine and tho maintenance
and improvement of our navy.
A brief review of the letter cannot d
it full justice. 1t is an ablo review of al
the issues Of the campaign, devoid of tn,
i STACEY, spectacular performances tina
y have characterized Mr.. Bryan's appeal
I TO class prejudices and the desire of debt
= ors to settle at a discount. II is rigid Il
its truthfulness in dealing with tho fact
j of contemporary history and statistics q
p. our finances. 1t promises nothing be
I yond the easy power Of performance of
victorious party, but its logical sequenc
L spreads bow of promise, brilliant-hued
[ over scene Of depression and uncer
tainty. A bow, one end Of which rest
= upon the gold standard and beneath tn
- other end of which is prosperity, en-
ployment and happiness for the lahore
e and producer.
! Poison Ivy, insect bites, bruises, scalds
q burns are quickly cured by Dewitt
Witch Hazel Salve, the great pile cure
g Heath d Killmer.