Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1896-09-09
MONEY vs.. HIGH PROTECTION.

The Republicans insist that they are
desirous of protecting American indus
tries and American labor and in order to
do 80 they propose to increase the taxes
upon imported products. As we'll at
tempt to raise prices in general or to
stop falling prices by increasing duties
on imports as to stop the ebb and flow
of the tides. 1t never has been done. 1t
can never be done. Such thing is alb
solutely impossible.
Manufacture for the American people
plenty OF money. American money, not
British money, and they will protect
themselves and their industries.
There is no possible way of protecting
them except by an enormous increase in
the quantity of money in circulation. If
the people have no money they are pow
erless to protect themselves, except by
brute force.
The more money they have, the more
easy it will be for them to protect them
selves against the aggressions of others.
The trouble in this country is that
money is too dear. 1t is 30 dear that the
people are unable to buy it except by
making great sacrifices for that purpose.
The sacrifices made by the American peo-
pie for the past twenty y-three years for
the purpose of sustaining the "gold
standard" are beyond human compre-
hension.
The people have resolved that they will
make no more sacrifices for that purpose.
They are about to reverse the conditions
that exist in this country. They are GO
ing to shake off the human vampires who
have fastened themselves on this country
and who for years have enriched them
selves at the expense of the American
people. They are going to cease to be
slaves and they have resolved to be not
only free, but independent men.
The question before US in this campaign
is not question of taxation, but ques-
ton of money. Money Is the regulator
and controller of prices and the motive
power of commerce and trade.
If there be much money everybody
prospers except him who refuses to work.
If there be little money everybody is in
jured except him who lives on that which
others create.
Prices in general can only be- regulated
and controlled by regulating the volume
of money in circulation, and he who as
serts to the contrary either has no knowl-
edge of the science and function of m oney
Or he is dishonest, to say the least.
The struggle among men in civilized
is to secure money in order
that they may be able to swap it for
things they do not create and which they
are in need of. There isa continuing and
pressing demand for it upon all hands.
The less there is of it In circulation the
greater the struggle will be for it, and the
more there is in circulation the less the
struggle will be to secure it.
1t is asserted by "eminent financiers"
that this country can not adopt bimetal-
ism without the consent of other nations.
In other words, we, as a people, are in.
to manage our own financial
affairs aud must call on other nations to
assist us in that behalf. This we will
never Go, because to do it would be an
admission Of incompetency.
If we as a nation and people are un-
able to manage and control our finances
in our own way, and in our own interest,
without the interference of other nations,
and without their consent, then indeed it
uhy Oo 6dlu uudb WC dIO INV nov hoo Al
dependent. If this be 80, then we had
better retire from business on our own
account, close the doors of our national
edifice and nail thereon this notice:
THIS NATION HAS RETIRED FROM BUSINESS
and has gone into liquidation because of
the imbecility and incompetency of those
who managed and controlled the estab-
lishment within. For further informa-
lion inquire at the Office of the board of
directors of the Bank of England"
The first national convention that ever
declared in unequivocal language in
favor of free and unlimited coinage of
gold and silver, at the ratio of l6 to l,
was the convention cf the Peoples party
held in Omaha on July 4, 1894. From
the adoption of that platform by that
party, to the present time, the sentiment
in favor of the free coinage of silver,
without regard to the action of other ma
tions has grown with accelerated speed.
The people, aware of the hateful effects
of constant shrinkage in the volume of
money, resolved that there should be
some positive and definite action taken
by some party of sufficient Importance
in this country to correct the monstrous
wrong that was perpetrated upon them
by the act of 1873.
They had lost confidence in the Repub-
lican and Democratic parties and would
trust them no longer. Therefore it was
that in January last, in the city of WASH
ington, a conference OF leading citizens
of this country from all ranks of life was
held for the purpose of creating new
party pledged to secure monetary reform.
A call was issued by that conference re-
questing all those who we're in favor of
making the money question the para
mount issue in this campaign, to meet in
convention in st. Louis on the 22nd day
of July, 1896.
When the call was made it was be-
lieved that the Peoples party and the Sill
yer party would be able to agree upon
platform which would command the con-
idence and respect of the people who
would agree upon candidates for the Of
foes of president and vice. president and
thereby unite all persons in this country
who were in favor of reform in our finan-
cial system.
In the meantime the Democratic con-
vention which recently met in Chicago
adopted, through the efforts of the free
silver people of the country and the sturdy
and rugged patriots who constituted the
majority of that convention, a platform
which, so far 40 the money question is
concerned, is acceptable to all persons
who are in favor of the free coinage of
silver.
The Silver party in convention as.
sembled, adopted platform which pre-
sents the issues involved in this cam
paign more clearly and definitely and
cogently than any other platform that
has been presented to the people.
WILL STAMP IT OUT.
The platforms Of those different par.
ties and the discussions, public and pri.
vate, that are now going on In this ooun-
try upon the money question. the only