The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-10-23

constitution. and n circulating medium
convertible into dueh money Without
loss" es.i,
The Heal ont,tion.
4 Continuing. Mr.. Carlisle snld:
$lnvic% otSths record of,lha party. lin
sist that the proposition 10 reyolutlOnlso
our monetary system bylpg!rlatlon au-
thorlzlng the free and unlimited coinage
otBllyer at the ratio NJ IL 10 /. when the
true commercial ratio Ia about 81 to l..
must be considered and decided entirely
onilts own merits. without any R.dyenti-
tlou9 support from tho assumption that
IL sof5Demncratic origin or that IL Is
conslst-E-.r with any Democratic imam
clnl policy ever heretofore authoritative
~ announced. GI
The question Is not whether the United
States alone have the power to adopt
free colnage and silver mnnometallisrn,
but whether, In View OF our own domestic
conditions and Interests, and OF our cS-
tensiye commercial and financial rcla-
uons with the other great civilized ma
lions OF the world. It would be good poll
Icy and good fdithto make such radical
change In our currency and such u
Wholesale population OF our obligations.
1t Is not 4 question or power; It Is not Il
question OF national Independence, but
1t Is a question OF national prosperity
anu national honor. On one point only
do we question the power OF the United
States In respect 10 this subject: we de-
nyabsolutely that ANY legislative or ex-
ecutlve act OF this government, or OF any
other government, however great and
powerful, can make 90 cents in silver
equal In value to 100 cents worth OF gold
or equal In value to the commodities
which 100 cents in gold will buy.
y Mr.. Carlisle then made an exhaustive
arGumentsgainst the free coinage OF sill
yer, In which he contended It Is dan
Serous doctrine which II II became n law
OF the land would result d!sastrously to
all business and occupations, and to none
would Its effect prove more harmful than
TO the farmer and the wage Garner.
Continuing, he said:
II the American people will declare by
an overwhelming majority OF their Votes
that our present standard OF value Is 10
be permanently maintained, that no
contracts are to be violated, no obllga-
lions repudlatcd, In whole or In part, and
that the public peace Is 10 be constantly
maintained, public and private property
scrupulonsly protected and the public
aunthorlty promptly Nindicatcd, when
ever and wherever 1t may be assalled, a
long step will be taken towards the res-
tnratIon OF prosperity In every part OF
the country.
The next step Is to take the govern
nlent of the United States entirely out OF
the banking business by retiring and
oancclling every one OF the notes issued
by ii, thus forever stopping the demand
upon the treasury for their redemption
In gold or silver and placing the burden
of furnishing gold. when gold Is demand
ed for tho redemption OF notes. upon the
banks, where 1t properly belongs Gnd
where 1t always rested until the govern
ment most unwlsely ipauEurated the
policy of Issuing lbs own obligations to
circulate as money. Retire the old Unit
ed States notes and the treasury notes
of 1880 and gold will flow into this coun-
try from ali parts Of the world 10 take
their places in the circulation and our
currency system will be firmly establish
ed upon substantial and enduring ba-
sis.
Until have lost oil confidence in the
intelligence and patriotism OF the Amer
lean people, cannot believe they will
deliberately incur the risk OF industrial
and commercial ruin merely for the pur-
pose OF making financial experiment
which Is opposed TO all the dictates Of
sound reason and condemned by the eX-
periences of all mankind.