The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-08-27

tlNUuuIu' lnutpcUucnt Tree COlnaKe lOI
silver nt ratio OF 10 ounces OF HllverltO
ounce OF gold would insure the speedy
contraction OF the volume OF our cur
rrncy. II would drive at least 500, ,O0O. 900
of gold dollars which we now have. per-
mancntly from the trade uf the cOun-
try and greatly decrease our per capita
circulation. 1T Is NOT PROPOSED
! lH THE REPUBLICAN PARTY TO
TAKE FROM TIE CIRCULATING
MEDIUM OF THE COUNTRY ANY
OF THE SILVER WE NOW HAVE.
On the contrary. II IL proposed TO keep
all OF the silver money now In clrcula-
tlOn on Il parity with gold by maini>ln-
Ing the pledge OF the government that all
OF It shall be equal to gold. This has
\ been the uHbnlken policy Of the Republic
can party since 1873. 1t has inauguratCd
| no new policy.
Farmers and Laborsrs Suffer Most.
II there Is any one thing which should
be free from speculation and huctun-
tlon 1t Is the money OF country. De-
basement OF the currency means de-
structlon OF values. No one suffers 80
much from cheap money rs the farm
ers and laborers. They are the first
90 feel Its bad effects and the last to
recover from them. This has been the
uniform experience Of all countries and
here. as elsewhere. TIE POOR. AND
| NOT TIE RICH, ARE ALWAYS
| THE GREATEST SUFFERERS
FROM EVERY ATTEMPT TO DE-
BASE OUR MONEY. It would fall
with alarming severity upon invest
mcnts already made; upon Insurance
| companies and their pOllCy-holders;
| upon savings banks and their depOs!-
tors: upon building and loan as
sochtlons and their members: upon
the savings Of thrift: upon pensioners
and their families md upon wage
carncrs and the purchasing power Of
their wages.
The silver question Is not the only
issue affecting our money In the pend
| Ing contest. Not content with urging
the free coinage OF silver. Its strongest
| champions demand that our paper mo-
ncy shall be issued directly by the gov
| ernnlent OF the United States This Is
the Chicago Democratic declaration.
The St Louis Peoples declaration Is
that "Our national money shall be- Is
| sued by the general government only,
without the Intervention OF banks OF IS
sue. be full legal tender FOR the payment
of all debts. puSlic Hnd private, and be
distributed dirsct TO the people and
government"
Thus In addition to the free coinage
OF the worlds silver we are asked to
enter upon an era OF unlimited ire
deemahle paper currency. The question
which was fought out from 1865 To 1879
Is thus 20 be re-Opened, With all It's
uncertainties and cheap money expert
| ments Of every conceivable form fOlst-
ed upon us. This indicates Il
most startling reactIonary policy.
strangely at variance with every re-
Qu!rement of sound finance, but the
declaration shows the spirit and pur-
pose OF those who by combined action
are contending for the control of the
government. y grnver menace to our
financial standing and credit could
hardly be conceived and every patriotic
citizen should be aroused 90 prOmtly
meet and eflectually defeat IL.
II Is Il cause for painful regret and
solitude that an effort IS being made
for those high IN the cOuHsels OF the al
lied parties TO divide the people OF this
country Into classes and create dlstinc-
tIOn among us. which IN fact do not ex-
ist and are repugnant 10 our form OF
government. These appeals TO passion
and prejudice are beneath the spirit
and intelligence of n free people, and
should met with stern rebuke by
those they are sought TO influence and
they Will be. Every attempt TO array
class against class."the classes against
the Masses" section against section,
labor against capital. "the poor against
the rich" or interest against interest In
the United States IS In the highest de-
gree repreheHsIblc. II IS opposed To
the national instinct and interest and
should be resisted BY every citizen. WE
ARE. NOT a NATION OF CLASSES.
But OF STURDY. FREE. INDEPEE-
DENT AND HONORABLE PEOPLE.
DESpTSISG THE DEMAGOGUE,AND
NEVER CAPlTULATlNG TO DIS
HONOR.
Protection ofSuprrmr Importance.
Another issue OF supreme importance
IS that of protection. The peril of free
silver is n menace to be feared; we are
already experiencing the effect OF par
tial free trade. The one must be avert
ed; the other corrected. The Rcpubl-
can party Is welded to the doctrine 0t
protection and was never more earnest
In Its support and advocacy than now.
II argument were needed to strengthen
its devotion to "thc American SYSTEM"
or Increase the hold Of that system up
on the party and people, II Is found in
the lesson and experience OF the past
three years. Men realize In their own
daily lives that before was TO many of
them only report, history or tradition
They hnve had trial OF both systems
and know what each hns done for them.
The people OF the country must now
face the conditions which beset them.
The public eXiEencies demand prompt
protective legislation which will avoid
the accumulation OF further debt by
providing adequate revenues for thc
expenses OF the government. This Is
manifCStly the requirement OF duty. II
elected President OF the United States.
1t VIII be my aim TO vigorously promote
this object and give that ample cnCOur-
nSement to the occupations OF the
American people. which. above all else,
Is 80 imperativcly demanded Mt this
juncturc of our national affairs
In December 1892. President Harrison
cent his last message to Congress 1t
was an able and exhaustive review Of
the condition and resources Of the coun-
try. X stated our situation so accurate
~ that am sure 1t will not 20 amss to
TeClte his official and valuable tcst-
mOny. There never has been n time In
our history" he said, when work wal
so abundant, or when wages were so
high. whether measured by the currency
In which they are paid or by their power
to supply the necessities and comforts
of life. The general average of prices
has been such rs TO give 10 agriculture
fair participation In the general prosper
lty. The new Industrial plants cstab-
lIghcd since October G, 1890, and up to
October -. 1892, number 3t5. and the cx-
tcnsinus OF existing plants lOS The
capital invested amounts TO StO.ilG.O6O
and the number OF additional employees,