The sun., 1896-07-06
future. whoever may bo President after next

1masnrss, msr1ss, whoever may bo President after next
The necessity was an inherited one. Prssi-
gsnt Tsnt Cleveland did not create or promote II.
laws OF 1875: and the emission. under the sher-
man law. of some one hundred and ffty millions
OF new Treasury notes. to be redeemed in gold,
chased silver bullion. 1t was unnecessary to
treat Government Rreenback debt like q
In gold. Tho greenbacks should have been
once paid In gold because the Government hat
snoueh. When the n holders ' Of Of sfesnSacks or
Treasury notes had once demanded and re;
GSeiyed S payment in gold, the paper debt should
III the Democratic delegates at Chicago can
devise and agree upon plan BY which, when
presented at tho Treasury and paid in gold the
paper evidence of debt shall not be reissued. but
tion will suSstantialiy cease. and no more issVSs
OF Government bonds will be required III the
tariff revenue shall be insufficient for appTopri-
atione, let that revenue be Increased on q rcve-
onue basis and In n way not to add to the work
ing expenses of our farmers who must produce
compete with India and Argentine. :.
II the necessity of bond selling for perpetual
BY a plan which viii keep N our outstanding pa
have been taken TO remove the currency ten
greenbncks have never been favored 10y the
their creation. The Demo moorStic Supreme Court
declared them constitutional. A court pac ked
e,o .ne 6 kss. fegerssa psH ns
back emission under tho sherman law.
In accordance with Its traditions and re-
cent record the Democracy can now consent
at Chicago to stop creating now Government
debt by agreeing that tho ereenbeck once paid
plan for sound and safe bnnknotes. The present
volume OF 423,250, 900 OF silver dollars should
an energetic and inteiieent efr,,rt % can be be- made
by n Democratic President and Congress for In
ternational bilnetallism. which effort my in.
Quiries In Europe have led me to believe woud
not as heretofore bo barren of results
Coming back to the st. Louis platform. It
interested In the foreign relations plank than
the portion rotating TO the silver question and
uraIly much concerned in the Cuban question.
France has colonies In our hemisphere, and the
policy Of the Republican party concerning Eu-
ion her FFtnch reeunary "na other rein
enders important, in the eyes Of French
men what Mr. McknIey, may; IL elected,
Soso se o not ye
clste the real relations.nf party platform to
the subsequent dongs of executive and leEisla-
tive officials " ho say they stand upon the plat
form and are elected in accordance with 1t. Our
country would indeed have q stormy time Of it
Department should literally put into exccu-
tion the jinIoism which presumably Sen
declaration. S % The Repuhlean PM party does pHt not
heed tho wise warning that our party differences
cease 1T the waters edge IL condemns Presi-
dent Cleveland's conduct OF our foreign affairs
as II he were not an American, or had been
guilty OF impeachabie crimes and offences II
would not be easy to describe the amazement
produced in French diplomatic circles by the
report OF \ waving o. a Cuban flag durin. one
Of the sessions of the Convention. The Temps
OF June % has an article concerning the incl
! dent. That journal Is one Of the most pot. mt In
Europe on diplomatic questions. 1t recognized
Mr. Grant as the son OF a former President. rs
lately our Minister in Visnna. ard now as one
| OF the Police Board of Now YORK
"A bad aspect OF the foreign affairs portion OF
the ST. Louis platform Is tina: 1t repudiates a
sincere purpose to prevent the issue Of more
Greentacks. ieasury notes, ana fifty-cent silver
dollars. How can any one think that Mr.. Nc
kinney could carry out :ts lingo prospectus
without gigantic appropriations. more taxes.
more bonds. and more token dollars Redemp-
tion in gold OF our paper money would be "a he
yond possibility under Mckinleyism as during
our civil war
"Of course. the jingo platform was not In
tended 10 be taken seriously IL the Convention
was honest in what at least II said OF tho gold
| standard after Republicans had laborcd for
days. weeks. and months to keep tho word
gold out Of their platform. as II 1t implied Il
thing accursed"
Mr.. Belmont left for Chicago yesterday after
noon on the / O'Clock train. He is a delegate
from Suffolk county to the Democratic National
COnyertion