Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1896-09-12
Strong Stand on Sound Money,
Protection and Reel
procity.
FORMAL MOTE OF ACCEPTANCE.
Mills Should be Opened to Labor
Free Coinage Would Set No
Wheels Turning.

Mai Mckinney Republican nominee 1or
president. and made public tonight:
THE Hon JOAN NJ. Thurston and others
Members of the Notification committee Oh
the RepusGSczr National Conventton-Gen-
tIenen- In pursuance of a promise made
to your committee when notified OF my
nomination as the Republican candidate 1or
president L beg to submit TINS 1orInai ac-
ceptance of that high honor. and to con-
slider in detail questions at issue in the
pending campaign. Perhaps this might be
considered unnecessary in view OF my re-
marks on that occasion, and those nave
made to delegations that have VISITED me
since the St Louis convention, but IN we"
of the noaaentous Importance OF the proper
settlement OF the issues presented on our
future prosperity, and standing as nation
and considering only the welfare AND nap
piness of our people, L would not be content
to omit again calling attention to the ques-
tons which in my opinion vitality affect
our strength and position among the gov
,ernments of the world and our morahty'
integrity and patriotism as citizens OF lhaI
republic which for century past has been
the best hope of the world and the lnsplra-
ton of mankind We must not now prove
false to our own high standards in gov
eminent nor unmindful Of the noble eX-
ample aat wise precepts of the fathers.
OF the confluence anu IL OSb "AAtS- 49,
conduct IN the past has always inspired
The Danger of Free Coinage.
<.If never before there is presented to the
Americans this year clear and direct IS
sue az tn monetary system, OF vas-
IMPORTANCE in its effect. and upon the
right settlement of which rest largely the
financial honor and prosperity of the
country IT is proposed by one wing of the
Democratic party and its allies. the Peo-
piles and Silver parties, to inaugurate the
free and unlimited coinage of silver by in
depende1at action on the part of the United
States a ratio of 16 ounces OF silver TO
I ounce Of gold. The mere declaration OF
this purpose is a menace to our financial
and Industrial interests and has already
created universal alarm. 1t involves great
perSf To the credit and business OF the
country. peril so grave that conservative
men everywhere breaking away from
the old party associations and unIt1n g
with other patriotic citizens in emphatic
protest against the platform of the Demo-
cratic National convention as an assault
upon the faith and honor of the govern
ment and the welfare of the people we
have had few questions in the hfetlme OF
the republic more serious than the one
(which Is thus presented
The character of the money which
shall measure our values and exchanges
and settle balances with one another
= and with the nations of the world is oil
such primary importance and so far reach
ing in its consequences as to call Tor the
most psinstakiEg investigation, and in the
end sober and unprecedented judgment
at the polls WE must not be misled by
phrases ncr deluded by false theories
Free silve< would not mean that silver
dollars to be freely had without cos
or Iabo<- 1t would mean the free us'
of the roJuts of the United States fol
the owners of silver bullion. but would
make silver coin freer to the many
who engaged in other enterprises L
would not make labor easier, the hours o
labor shorter the pay better. 1t would
not make farming less laborious or NOR
profitabYsA- 1t would not start a factor.
or make q demand for an additional day
labor 1t would create no new occupa
lions 1t would add nothing to the com
fort CT the masses. the capital of the PEG
pie the wealth of the nation. 1t seek
to introduce a new measure of value, blu
would add no value to the thing measured
1t would not conserve values. On tn
contrary, It would derange all existin
values 1t would not restore business con
fdence, but its direct effect would be t
destroy the little which yet remains
Meaning OF the Coinage Plank.
-'The meaning of the coinage plank adopt
ed at ScAscs go is that anyone may take
quantity OF silver bullion now worth
cents to The minis of the United State
have il coined at the expense of the go,
.ernr8cnt and it for a silver dolla
which essu be legal tender for the pa,
ment of all eeets. public and private. tt
owner OF the silver bullion would get tt
silver dollar 1t would belong to him an
to nobody else. Other people would e
1t ONLY by their labor. the products
their lad or something OF value tt
bullion owner. on the basis of present va
ues. would receive the silver dollar f
-53 cents worth of silver and other Peep
would be required to receive it as a fl
dollar IL the payment of debts. The go
ern1acrt would get nothing from the tran
action 1t would bear the expense of col
ing tho silver and the community wou
suffer loss by its use
I'VE have coined since 1873 more tn.
400 OSe, Geo silver dollars which are mai
tanned by the government at parity wi
gold and 4 full legal tender for the pa
rcent of all debts, public and private. He
xre the silver dollars now in use differe
from those which would be in use und
free cosrage3 They are to be of the saI
weight and fneness. They are to be
the same stamp of the government. w
would they be of the same value?
answer, the silver dollars now in use VIC
coined ca account of the government a
not for private account or gain. and I
government has solemnly agreed TO Ike
them good the best dollars we ha,
The government bought the silver bulli
at lis nlSxSst value and coined it il
silver Sc.7aCs- Having exclusive control
the Euinsxge it only coins what it can h
al . parity with gold The profit rep
ssert7nE the difference between the co
uerciz1 value Of the silver bullion and
face value c. the silver dollar goes to
government for the benefit of the peoI
The EOrsyp S1snt bought tie silver bull
contained IL the silver dollar at ',
much &es= than its coinage value. 1t PAL
out To its creditors and put it in circu
<icn among the people at its face va
OF Ica cents. a full dollar. 1t requi
the pecSle to accept it legal tend
and II thus morally bound to main tain
at a parity with gold, which was then
now. TIE recognized standard with US
the Ezos< enlightened nations OF the wo
rFrF2< a nd