The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-10-08

OF the ndUFOl.
IF Mckinley was right then he is
wrong now. but the syndicate made
him take his medicine and his bench
men here who went to st. Louis for
silver GLADLY say tine too" and want
what was left to this medicine.
How about Senator Pritchard's re-
| cord? In a speech in Congress, he said;
az am a friend of silver and believe 1t
should be RESTORED to its dignity
nc q precious metal" And he signed
| a paner with Senators Teller, Mantle,
| Dubois and other Republican Senators
declaring that, ''The unlimited coinage
of silver at 16 to by the INDBPEN-
DENT action of the United States" is
the only method possible of securing
the people of the United States from
the impending danger of the differ
enee of exchange between gold stand
ard countries.
Senator Pritchard further said: II
have proved my loyalty 30 the cause OF
silver by my vote in the Senate. My
record will parallel Senator Buffers
ON that great and vital question. They
reflect not only the SENTIMENT OF
THE PEOPLE THAT I REPRESENT
but they EXPRESS MY HONEST con-
victions and my honest PURPOSE TO
SECURE AN AMERICAN SYSTEM of
finance.
But the Senator also said October II,
1895: az consider that free trade and
gold recommendation are twin brothers,
and he who courts gold recommendation
invites the disasters which must fol-
low i'm the wake of free trade"
The Senator might now add that the
Mckinley plank now favoring a con-
tinuance of civil service is another free
idea imported from England.
But when was the Senator con-
scientious on the money question
then. or now when he is trying to
switch off on the tariff, we'll knowing
that no tariff brings employment in
the protected cotton factories to a sin
gle one of the 100000 North Carolina
negroes. The Senator's views ON the
money question have likewise been
shared by Pearson, Russell and others
who are for Mckinley, and also by Wal
ser who unfortunately occupies
straddling attitude on the cooperation
ticket in the hope of fooling both Re
publicans and Populists out of an Of
fee.
have shown you not only the incon-
sistencies of some of the so-cafled lead
ers but also that they have been very
favorable to the So cent dollar until
recently. But as to the So cent dollar
was it not amenable to the same
charge in 1888 when Mckinley voted
for free coinage, and was it not on the
same grounds equally to be discredited
in 1892 when Mckinley so ably defend
ed silver? What became of this charge
only few months ago when Pritch-
ard. Pearson and Russell so gallantly
espoused the cause of the white metal?
| They claim to be Republican leaders,
now what sort of a devious lead is this?
The fact is decentralization alone has
caused the decline in value of silver
| BULLION. When that infamous act
was surreptitiously passed the silver
dollar was worth more than the gold
dollar, but since then it has been
steadily declining, and now, when
silver has been discredited by the gov
eminent, refused mintage and the law
for it's payment of government obliga-
tions openly violated, the demand for
it has decreased and the bullion has
value only for it's use in the arts-it is
no longer a money metal.
Remonetize it, admit it to the minis,
coin it into the standard dollars and
then contrast the money value of each
| metal. If conditions were reversed
and the seal of condemnation set on
| gold, and silver alone was honored,
| then indeed would like results follow.
| The people should see to it that the
| iugglers and their henehmen, the pie
counter fellows keep their hands off
the money of the fathers.
bismarck, the wisest statesman in
| Europe, advises America to get it alone,
take the lead and other nations will
follow.
Shall we longer submit to the selfish
greed of England whose statesmen de-
clare that as she is the creditor nation
of the world debts must be paid in
| gold. Ours is debtor nation and our
people are alarmingly embarrassed by
THIS monied strain upon their every
| interest-this destruction of the money
in which they might pay their indebt-
| edness. How need we fear results
with our abundant resources, our I'M
| rivalled facilities and our unprece-
dented vim and push?
We want and must have good money
no sane man thinks or desires other
wise; and the term sound money is
merely a catch phrase used by dema-
gogues for purposes of deception.
If, then, the gold standard has pros
trated your dear interests, of what
remedial use will the election of Nc
Kinley be when he proposes to pursue
the line of policy dictated by Wall
streets Shylocks?
The effort ITO maintain the present
| gold standard under Cleveland has al
ready cost the people two hundred and
sixty two million dollars in bonds
| which will hang as a mortgage over
| your children for generations to come.
| Let us come back to genuine bimetal-
lism-the mintage of both gold and sill
| Ver-the metals of the constitution, the
| money of our fathers and the poor
mans only acquaintance and friend.
| Dear money makes cheap labor, cheap
products, cheap clothing, cheap food