Little Falls weekly transcript. (Little Falls, Morrison Co., Minn.) 1894-19??, 1896-08-28

Is not now, opposed to the use Of silver
money as it's record abundantly shows
It has done all that could be done for it's
increased use with safety and honor by
the United States acting apart from other
governments. There are those who think
that it has already gone beyond the limit
of financial prudence. Surely we can go
no further, and we must not permit false
lights to lure us across the danger line.
More Than Any Other Country.
We have much more silver in use than
any country in the world, except India or
China-$5OO, O0O, 600 more than Great Brit.
ain; $780, OOO, 600 more than France; s4O0,-
600 600 moro than Germany; 1896, 900, 900
less than India, and $125, OOO, 900 less than
China. The Republican party has de-
clared in favor Of an international agree
ment, and, If elected president, it will be
be my duty to employ all proper means to
promote It. The free coinage Of silver in
this country would defer, If not defeat, in
ternational bimetallism, and until an i'll
ternational agreement can be had every
interest requires us to maintain our pres
emit standard. Independent free coinage
Of silver at q ratio Of IS ounces Of silver to
! ounce Of gold would. insure the speedy
1t would drive at least SOC, 00O, 900 Of gold
dollars which we now have permanently
from trade Of the country and greatly de-
crease our per capita circulation. 1t Is
not proposed by the Republican party to
take from the circulating medium OF the
country any of tho silver we now have, on
the contrary it Is proposed to keep all Of
the silver money now in circulation on q
parity with gold by maintaining the
pledge Of the government that all Of 1t
shall be equal to gold. This has been the
unbroken policy of the Republican party
since 1878. 1t has inaugurated no new
policy. 1t will keep in circulation, and as
good rs gold, all Of the silver and paper
money which are now included In the cur
rency of the country. 1t will maintain
their parity. 1t will preserve their equal
ity in the future as 1t has always done in
the past. 1t will not consent to put this
country on silver basis which would In
evitably follow independent free coinage
lat ratio of 16 to l. 1t will oppose the ex-
pulsion of gold from our circulation.
Farmers and Laborers Suffer Most.
If there is any one thing which should
be free from speculation and fluctuation
it is the money Of country. 1t ought
never to be the subject of mere partisan
contention. When we part with our In
Dor, our products or our property, we
should receive in return money which Is
as stable and unchanging in value as the
ingenuity Of honest men can make it.
Dcbasement of the currency means de-
struction of values. No one suffers SO
much from cheap money as the farmers
and laborers. They are the first to feel
It's bad effects and the last to recover from
them. This has been the uniform expe-
rience of all countries and here as else
where the poor and not the rich are the
greater sufferers from every attempt to de-
base our money. It would fall with alarm
ing severity upon Investments already
made; upon insurance and their policy
holders; upon savings banks and their
depositors; upon building and loan asso-
Citations and their MEMBERS; upon the sav-
ings of thrift; upon pensioners and their
families, and upon wage earners and the
purchasing power Of their wages.