The record-union., 1896-09-23


gold standard as preferred theory OF
money; that it stands now as it has ever
stood for bimetallsm, but that it be-
lieves that the only bimetallism possi-
bic is international bimetallism, and
that Independent free coinage would
not only not result in bimetallism bat in
a silver monometallism which nobody
wants, and which would yield all our
gold up to Europe and postpone real
bimetallism indefinitely. All Republi-
cans are bimetallists, and the existing
standard is adhered to only until such
time as true bimetallism can be OBJ
tanned in the only way possible-by in
ternational agreement.
WHY?
Los Angeles Herald: Why, if the Re-
publican party is sincere in it's protesta-
tions as to international bimetallism, do
it's leaders not tell the people a little
more about it, and inform US as to how
it is to be effected?
DON'T FORGET 1T.
Middletown Independent: Let Re-
publicans never for a moment lost sight
of Congress and the State Legislatures
that will elect Senators. A President is
comparatively powerless unless backed
up by the legislative bodies.
VERY SIGNIFICANT
Contra Costa Gazette: Chief Arthur
of the Brotherhood of Locomotive En-
gineers says ninety per cent of the
railroad men of America will vote for
Mckinley and sound money" This is
very significant coming as it does from
the leader of one of the most powerful
I Nov - !, 1.
A DENIAL.
Oakland Enquirer: Congressman
Newlands says the United States is ''the
only debtor nation in the world which
is able to maintain the gold standard.
Canada, Australia, New Zealand, South
Africa and British Honduras are all
debtor countries and are all on the gold
basis, which they maintain without ap-
parent difficulty. In Europe Portugal
and in Africa Egypt, both debtor coun-
tries, we suppose maintain the gold
standard. Chile has begun to do the
same. Mr.. Newlands' statement seems
to be wide of the mark
HE DOESN'T EXPLAIN IT
Los Angeles Express: Mr. Bryan, in
a speech in Kentucky, divided the peo-
pie into two classes-those who have
money to sell, and those who have
property to sell. With this as a pre-
mise he launches out into the disad-
vantages and hardships that one class
is subjected to in contrast with the
other. 1t would require all the art Of
rhetorical legerdemain to prove this
thing logically. but Mr.. Bryan doesn't
deign to do this. He prefers to leave
false inn in, ha -
hearers, which he thinks will serve for
argument.
THE MEXICAN LINE DIVIDES THE
TOWN
NOgales Oasis: Before the bullion val
ue Of silver had fallen much below the
coinage value the Mexican dollar (Which
contains six more grains of pure silver)
would purchase at Nogales just as much
Of any commodity as an American dol
lar. At that time the wage Of labor.
whether paid in American or Mexican
money, was the same, e. g.: A Mexican
carpenter on the Sonora side Of the
line was paid So per day in Mexican
money, while an American carpenter on
the Arizona side would be paid So per
day in American money The pur-
chasing power of the two stipends was
Of silver. AS the price of silver bullion
fell in the London market the prices of
the goods sold by Nogales merchants
appreciated, when paid for in Mexican
money. But the wages Of the Mexican
artisan did not increase. He is still
paid S3 per day in Mexican money
and now his stipend buys just half the
necessaries of life it once bought His
living has been c1It in two Jo,,t tba
American artisan still insists upon and
gets his 50 per day in American money
His living is as good as ever.
The contention of the Oasis is that
should the United States throw open
it's mints to the free and unlimited
coinage Of silver at the ratio of 16 to
i, American Workmen everywhere
would be suddenly subjected to the
same slump in the purchasing power
of their wages to which the Mexican
Workmen have been gradually sub
jected. Then, it is manifestly to the
interest of American workmen to vote
for retention of the existing monetary
standard until by international ar
rangement there may be brought about
a bimetallism which will not cut in
two the value of their hard earned
dollars. The Republican party and it's
candidate, William Mckinley, offer
them the only solution of the monetary
problem which will not reduce their
wages to a point lower than the most
sordid imaginings of the hardest of
taskmasters.
THE BEST DOLLAR.
Riverside Enterprise: What is the best
dollar? We claim it is an industrious
as we'll as an honest dollar. Is gold of
that kind? Is gold seeking investment
in any line which opens the way for
more days work or for increased
wages? Or has it been for several
years? We say no. Owing to the con-
stantly increasing value of gold it has
not sought active employment. 1t has
been found more advantageous as an
article to place in the banks and money
warehouses and there to await the in
creasing value which demand perforce
is certain to bring it.
PROMISES.
Pasadena Star: Promises are poor
stuff upon which to conduct a s,1cc .ss-
full campaign. The Fopocracy promise
that if the United States will. under
take free coinage alone the price of
silver will go up to 81 % an ounce and
stay there. The promise is made by
the same party that assured ,e coun-
try if the Wilson German tariff v ere
adopted prosperity would come to stay
Look at the result and trust no more
in promises of people who ignore his
tory and experience.
BAKERS CASE.