Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1896-09-18

threat OF unlimited issue Of pape- money
by the government. 1t is needless to
specify the departures from the demo-
cratic doctrine contained in the Chicago
platform. The world knows them and Is
amazed at them"
REPUBLICAN LEGISLATION.
Senator Gallery then sketched the
financial legislation OF this country,
charging the republican party with in
flation of the currency by the act Of 1873,
providing for the reissue Of greenbacks,
and the Sherman act Of 1890, requiring
the purchase of large quantities of silver
bullion. This imitation he said caused
the panic of 1898. He continued:
KEYSTONE OF THE BIMETALIsM ARCH.
1.-THE nominee Of the Chicago conven-
ton says that the free coinage in the
United States alone OF silver at the ratio
Of sixteen to /, with gold will take away
from gold lust so much OF its purchas-
ing power as was added to it by the
decentralization of silver by the United
States He further says: 1--WE contend
that free and unlimited coinage by the
United States alone will raise the bull
lion value of silver to its coinage value
and thus making silver bullion worth
g. 30 per ounce throughout the world.
We have have here two propositions
which together form the keystone Of the
bimetallic arch.
Take away from the gold in the
United States Just so much oft purchas-
ing power as was added to it by the
demonstration of silver and still the
Utopia is not realized. With silver
worth 81 20 per ounce throughout the
world and with gold lowered in the
United States alone bmetalism is fur
Their off than ever.
DOLLARS IN AMERICA AND ENGLAND.
"As the enhanced value given to gold
by legislation for the past twenty three
wears still exists in Europe and will
beyond all question still continue to
exist the mighty Nebraskan orator and
destroyer OF values proposes to give us a
ffty.cent dollar in America and one
hundred-cent gold dollar in London.
He does not extend gold depreciation
beyond the United States, but, strange
| " philanthropic, gives tssilver through
out the world the gold value Of 81 20 per
ounce. This makesit precicely equal to
the present gold dollar,
This standard is as wicked as the de-
tested gold standard. 1t is exactly Its
counterpart. As Mr.. Bryan makes no
claim to a worldwide halying OF gold
and confines the power of the legislative
fiat of his country againstit to her own
borders. he gives us, according to his
theory, a 2OO-cent silver dollar and 100
cent gold dollar be his process OF lower
ing United States gold by half and rails
ing the worlds silver to 81 20 per ounce
measured in tile worlds gold price.
THE WORLDS MONEY REQUIREMENTS.
The Senator then quoted statistics TO
show that metal production has kept
pace with the worlds money require
ments; that prices have not deprecated
more than is warranted by decreased
price of production and that gold had not
appreciated. He concluded as followE
"And nowhere Ender Gods heaven
has the laborsr prospered more ana
Jared better than in this land, where
gold measures all earthly value. No
nation has ever been led by government
in defiance Of commerce to adopt "a
measure Of values and a medium OF eX-
change. While silver may answer the
needs Of an effete or naSeent civilizs-
ton. it would not answer the needs OF
the most progressive and most energet-
ic race Oh the globe-the Americans OF
today. The people Of the United states
have voluntarily and intslligently adop-
ted the gold standard and they will not
submit to the dictatiOn of the Chicago
platform.
The awful calamities to befall the citl-
zens Of this country when the thirteen
billions OF trust funds and savings are
cut in two, when the nations trade Ii
demoralzed and disordered and the
nations homer is sullied, no man can
predict. That they will be far-reaching
and destructive we know, but the extent
Of the disasteri is beyeud conjecture.
JEFFERSON. JACKSON AND CLEVELAND
"Sir. into your hands | formally place
the standard OF our party that waved
lover jefferson, Jackson and Cleveland
1t now waves over distinguished patrlo
twho i'm peace and in war has slgnallzs'
his devotion to his country.
Never before was the parricidal hand
OF the democracy raised against TIT
author OF its eXistence-the constitution
Never before was its suicidal hand ralse'
against its own existence.
democracy and the country relolc
that a soldier Of the Union and soldle
= of the COnfederacy unite in peace to de-
fend their common country its no0l
constitution and the party which Ina
upheld both since the foundation OF tn
republic"
Cure for Headache.