The Caucasian. (Clinton, N.C.) 188?-1913, 1896-09-03
LETTER OF
ACCEPTANCE
the Republican Presidential
Candidate-Bi-m etallism
Declared Sham.
ARIFF AND MONEY ISSUES.

r. mcNiniey Approves the Platform on
Which He Was Nominated-CIaimsT That
Free Coinage Would Prov. u National
Disaster Pledges the Party to protec-
tion-'souud Money Never Mad. Hard
Times"
E& CANTON, Ohio, Aug. 20. MAJ
William Mckinley formal letter az
epting the Republican nomination
pr President was issued to-day. 1t
lakes in full about 1000 words.
he f'iiowing Is an abstract in which
-gIlent points are given literally:
b Hon. John NJ. Thurston, and
others, Member Of the Notification
committee of the Republican Com
mlttee:
Gentlemen: In pursuance of the
promises made 10 your committee
Ehen notified of my nomination as
he Republican candidate for Presi-
slcnt, | beg to submit this formal ac-
ceptance of the honor and to con
ader IN detail questions at issue in
tho pending campaign. Perhaps
tins might be unnecessary, IN view
A of my remarks on that occasion,
| aud those | have made to delega-
tons that have visited me since the
ST. Louis convention, but in view of
the momentous Importance Of the
. proper settlement OF the issues pre-
sented on our future prosperity and
landing az n nation, and consider
| lng only tho welfare and the happi.
ness Of our people, could not be
content to omit again calling atten-
ton to the questions which, in my
opinion, vitality affect our strength
md position among the govern
meuts Of the world and our morality,
integrity and patriotism as citizens
Of that republic which for a century
past has been the best hope OF the
world and the inspiration of man
kind. We must not now prove false
20 our own high standards in gov
eminent, nor unmindful of tho noble
example and wise precepts OF our
fathers or of the confidence and
trust which our conduct in the past
has always inspired.
THE FINANCIAL. QUESTION.
For the first time since 1865, if
ever before, there is presented to
the American people this year d clear
and direct issue as to our monetary
system, of vast Importance in its eff
fects, and upon the right settlement
of which rests largely the financial
honor and prosperity of the country.
IL is proposed by one wing of the
Democratic party and its allies, the
\ Peoples and Silver parties to lnaug-
urate the free and unlimited coinage
of silver by independent action on
the part of the United States at q
ratio of 10 to |. The mere declara-
ton of this purpose is menace to
our financial and industrial inter-
ests, and has already created uni
versal alarm. 1t involves great
peril to the credit and business of
the country, peril so grave that
conservative men everywhere are
breaking away from their old party
associations and uniting with other
patriotic citizens in emphatic pro
test against the platform of the
Democratic national convention as
an assault upon the faith and honor
Of the government and welfare OF
The people. We have had few ques
tions in the lifetime of the Republi,
more serious than the one which II
thus presented.
The character of the money which
shall measure our values and ex
changes aud settle our balances will
one another and with the nations o
the world, is of such primary i'm
portance, and so far reaching in it
Importance, Us to call for the mos
psins-t taking investigation, and il
he end sober and UMPIRE judice'
Judgment at the polls. We mus
not, be misled by phrases, nor de
luded by false theories. Free silve
would not mean that silver dollar
we're to DO freely had without cos
or labor. 1t would mean that tn
free use of the minis of the Unite'
States for the few who are owners o
silver bullion, but would not max
silver coiu any freer to the man
who are engaged in other ente,
prises. IL would not make labo
easier, the hours Of labor shorter, o
the pay better. 1t would not max
farming less laborious, or NOR
profitable. 1t would not start fat
tory, or make demand for an az
ditional days labor. 1t would n,
create new occupations. 1t woul
add nothing to the comfort of t.
masses, the capital OF the people,
the wealth of the nation. 1t see.
to introduce q new measure of valu
but would add no value TO the THU
measured. 1t would not conser'
values. On the contrary, it won
derange all existing values.
would not restore business con
dence, but its direct effect would
to destroy the little that remains.
THE CHICAGO PLATFORM.
The free coinage plank adopted
Chicago is that any one may take
quantity of silver bullion, now wor
hfty-three cents, to the minis of t
United States, have it coined at t
expense of the government, and ]
ceive for it a silver dollar viii
shall be legal tender for the pa
ment of all debts, public or priva
The owner of the silver built
would get the silver dollar. 1t wor
belong to him and nobody ell
Other people would get it only
their labor, the products of RI
lands or something of value. I
bullion owner on the basis of pr
ent values would receive the sill
dollar for ffty-three cents worth
silver, and other people would be
CURED to receive it as a full dol
N the payment of debts. The g
eminent would get nothing from
transaction. 1t would bear the
pense of coming the silver and
community would suffer loss by
use.
We have coined since 1878 m
than four hundred millions of
YER dollars which are maintained
al