The Pascagoula democrat-star. (Pascagoula, Miss.) 1878-1920, 1896-08-07
STANDARD DEMOCRATS
VIEWS.
Rochester IN. " Herald.

hoSuesttk Wv. - ncThlu.
Having devoted some years TO the
misrepresentation OF the gold stan
dard democrats, trying To show that
they are the enemies OF the country.
the Democrat and Chronicle attempts
now TO prove that they agree substan-
italy with the Republicans. hut this
change Of policy in the interest OF
Mckinley involves a misrepresenta-
ton Of them no less fragrant than its
original policy. Read the following
paragraph from its columns OF Satur-
day morning:
''The difference between the flnan-
cial policy of the Republicans and the
gold Democrats and the financial poll
cy Of the, Bryanites is practically this:
The first cOntemplates the coinage OF
both gold. and silver 10 such amount
as the needs Of the country demand
and In such manner as tO keep the
silver dollar ut a parity with the gold
dollar; the second c0ntemplates the
coinage VI all the silver there Is with
out the slightest regard to the needs
Ut the country, IN such manner that
the silver dollar cannot possibly be
worth MORE than half as much us a
gold dOlllr.p
The difference between the gold
standard Democrats and the Republi.
cans Is quite Us great as that between
the gold standard Democrats and free
silver Democrats. What they demand
is the single gold standard. They be-
lieve ihsit as the very best standard
and advocate 1t on all occasions. In
their opinion it is the result Of the sur.
vipal OF the tttest, and should always
be >Maintained- But that is not the
belief OF the Republicans. They are
as much opposed to the gold standard
as the free silver advocates. They
| believe 1t 10 be an evil to be got rid of
rs soon as possible. Accordingly, they
have pledged themselves in the st.
Louis platform to thai effect. The
moment they can induce the leading
commercial nations Vi the world to
abolish it, they will abolish it aud
establish In its place the double stan
dard. In other words, they will adopt
the free coinage Of silver.
The gold standard Democrats favor
only the use OF silver as a subsidiary
currency. That Is, it should be used
only to provide what fractional coins
may be needed in retail transactions.
These coins are to be fifty cent, TWEEN.
ty-ive cent, ten cent and five cent
pieces. The Republicans, on the 9th.
er hand, believe that silver should be
used as largely as possible. Without
waiting for the action Of other ma
tions, they propose to saturate Oul
currency with as much silver either
in the form Of silver dollars or silver
notes rs can be maintained ut "A parity
with gold. That was the object Of
the Bland-Allison act and OF the Sher'
man act. 1T is the object also OF the
Window plan, which the Democrat
and Chroaicle, the Buffalo Express
the Chicago Tribune and some Othel
Republican papers have favored fol
several years. To this plan the gOlt
standard Democrats are as much Op
posed as they are to free silver. Ii
fact, they consider it equivalent tt
free silver, with some features tina
, are worse than free silver.
The gold standard Democrats art
entirely opposed to the present varie
gated, cumbersome and inelaStic cur
rency system. They demand that tn
government shall 20 out of the bank
ing business entirely--that 1t shal
have little more to do with the cur
rcncy Of the country than to coin tn,
+ gold presented at the minis and wha
! subsidiary. silver may be needed 70
I small change. They demand that al
, the legal tenders shall be redeemed il
: gold, that all the silver dollars in cir
culatiOn Shall be retired, that TIL
} gold reserve now In the treasury vault
shall be sold, and that the gold reserv
, now In the treasury for the redenp
tiOn Of the lega tenders and for tin
maintenance Of the parity Of til
three forms Of money now in circula
tion shall be abolished, thus putting
an end to raids on it and the necessit
Of selling bonds to protect IL. The,
demand sfhally, that the paper cur
rcncy needed for business shall b.
issued blythe banks, This currency
always redeemable in gold, is to b,
based upAp the assets OF the bank,
and a reserve fund in the treasury.
To all Of these demands, which ar,
substantially framed in accordanc,
with the views of President Cleveland
and Secretary Carlisle, the Republi
cans, especially the Democrat ant
Chronicle, and the Buffalo Express
are unalterably opposed. They hav,
been denounced most unsparingly
J The two papers mentioned have no
hesitated to say that they mean a re
B yival Of the old wildcat system 0
banking and would be productive 0
, quite as much evil as it would be DOS
sible to call into existence. The Dem
/ Ocrat and Chronicle went so far in III
rabid opposition to the President
views Is to speak OF them as hi,
"bunco scheme" of currency reform
1t has been interesting to see how IA
the really honest sound money men il
the Republican party have becOm,
advocates Of the Odious scheme. Some
nf fhn orb1lnlnnfc fhaf TIM nou,ncru