The Houma courier. (Houma, La.) 1878-1939, 1896-07-25

4oNAAONh pNNHto W At0 hAuFttVht htAN
SIT he pledges the people to support
aud maintain that system, and fusion
upon them all the evils of the financial
system, which he has heretofore
repudiated, if they will make him
president. Whatever may have been
mis- attitude on the money question IN
the past he must inevitably hereafter
support the same financial system that
The present Democratic admmistratio
has, and, if elected, must continue the
policy of Mr.. Cleveland in tho sile Of
bonds in time of p"aca.. Hence witt,
the success of Mr.. Mckinley we may
look tor u continued Increase of the
public debt aud the sale of bands to
maintain the gold standard.
That the condition of the co untry is
not satisfactory all admit, The pro.
duccrs of wealth are not receiving fair
and proper compensation for their
labor, whether in the field. fact0ry of
mine; enterprise has ceased, values
are constantly dccli ming; labor is
unemployed; discontent and distress
prevail to an extent never before
known in the history of this country /,
and no reason can be found for such
an unhappy condition save in avieious
money system. Those who profess to
deplore the present financial
condition and oppose the free coinage
Of silver aIe divided in opinion as
10 the cause of the present condition.
Some declare that it is because we
have too much tariff; others that we
have moi enough, while the fact exists
that every gold standard country IN
the world, whether it has high 0r1nw
tariff, IL nov and has been during
recent years in flle thTOes of a financial
panic; and every silver standard
country, compared With its former
condition, is enjoying an industrial
development aud degree of prosperity
hitherto unknown in its history.
While Illus diffe ring in opinion, they
unite in asserting that the gold stand
ard must be maintained until foreign
countries shall signify theirw illingness
that the American people shall exercise
the rights of free men aud create Il
financial system of their Own. II we
overlook the humiliation and degra
datiOn we must feel on aecOuntof such
a declaration of financial dependency;
we may well inquire when the consent
of leading commercial nations will he
obtained. No one who has read the
proceedings of the three internati onal
mouetaty conferences that have al
ready been held, or who has examined
the im%ptacticable propositions pre-
scented at those conferences, eau for a
moment believe that ans International
bimetalllc agreement can everh he made
with the consent of sail the leadi.-g
commercial nations Of the world"
When will Great Britain, controlled
as she is and ever will be, by The
creditor classes, Who collect vast ums
of money for interest due her and her
citizens, who buy of us annually many
more millions than she sells to us, aud
whose interests it is to make tbepOunl
sterling purchase as IN uclI Of our pro
ducts az possible, consent that We
shall be financially independent, as
we are supposed to be politically indies
pendent ? When did the creditor
class of Great Britain ave. give up or
in any way yield an advantage such
as they now possess through the mains
tenance of the gold standardf There
is no hupe for international bimetal-
lism until the United States shall
establish bimetallism for itself, and
when that is done international
bimetallism may be secured without
the consent of Great BIitain. The
United States, on all other subjects OF
legislation, acts independently of any
other nation on earth. By what pro
cess Of reasoning is it's right authority
or ability to legislate upon this, The
most important subject with which it
has to deal, questioned or dcnied9
With a nation equal in wealth and
power to one-fourtll of the world, 1t is
cowardly to say that We must ask the
permission Of Great Britain to estab-
lished aud maintain a financial policy
of our own. Believing as we do that
a return to the money system especial
IL recognized in the constitution ard
completely provided for BY law from
1892 to 1873 affords the only ground
of hope for the bettermtnt of the
distressed condition of all the classes
except those who live By the incre-
meut that money loaned gives to those
who loan it, we appeal to all classes
a. .N1- - Al. ~~>o "a 49,