The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1896-09-10
he option to the holder Of the obligations.

treasury according to their changing
whims shows how dangerous 1t is to per-
NIT them to exercise u controlling influence
over the treasury department The gov
ernment of the United States, when adj
ministered in the interest of the people, Is
able to establish and maintain its own
financial policy, not only without the aid
of syndicates, but in spite of the opposi-
tion which syndicates may present. To
assert that the government is dependent
upon the good will or assistance of any
portion of the people other than CON
stitutional majority is to assert that we
have a government in form, but without
vital force
The position taken by the platform
against the issue of paper money by ma
tional banks is supported by the highest
Democratic authority, as well as de-
manded by the interests of the people.
The present attempt of the national banks
to force the retirement of United States
notes and treasury notes in order to secure
basis for larger issue of their own
notes illustrates the danger which arises
from permitting them to issue their paper
as n circulating medium. The national
bank note, being redeemable in lawful
money, has never been better than the
! United States note which stands behind
it, and yet the banks porsistently demand
| that these United States notes, which
draw no interest, shall give place TO in
terest bearing bonds in order that the
| banks may collect the interest which the
| people now save To empower national
banks to issue circulating notes is to grant
a valuable privilege to favored class,
| surrender to private corporations the con-
troll over the volume of paper money, and
! build up class which will claim a vested
interest in the nations financial policy.
! Our United States notes, commonly
known as greenbacks, being redeemable
In either gold or silver at the option of the
government, and not at the option Of the
holder, are safer and cheaper for the peO-
pie than national bank notes based upon
interest bearing bonds
Favors the Monroe Doctrine.
A dignified but firm maintenance Of the
foreign policy first set forth by President
Monroe and reiterated by the presidents
who have succeeded him, instead Of arous-
ing hostility abroad, is the best guarantee
of amicable relations with other nations
1t is better for all concerned that the
United States should resist any extension
of European authority in the western hem
isphere rather than invite the continual
irritation which would necessarily result
from any attempt to increase the influence
of monarchical institutions over that por-
ton of the Americas which has been dedi'
Gated to republican government
No nation can afford to be unjust TO its
defenders The care of those who have
suffered injury in the military and naval
service of the country is sacred duty. A
nation which, like the United States, re
fhtaf
upon "a large standing army, adds to it;
0}Tyy;p security when it makes generous pro
vision for those Wis Wis ~hay.s ElskSaN i
lives in its defense, and for those who are
dependent upon them.
The Producers of Wealth.
Labor creates capital Until wealth is
produced by the application of brain and
muscle to the resources of this country
there is nothing to divide among the non.
producing classes of society. Since the
producers of wealth create the nations
prosperity in time of peace and defend the
nations flag in time of peril, their inter.
ests ought at all times to be considered by
those who stand in official positions The
Democratic party has ever found its vot-
ing strength among those who are proud
to be known as the common people, and
1t pledges itself TO propose and enact such
legislation as is necessary to protect the
masses in the free exercise Of every p oliti-
cal right and in the enjoyment of their
just share of the rewards of their labor
l desire to give special emphasis to the
plank which recommends such legislation
as is necessary to secure arbitration of the
differences between employers engaged in
interstate commerce and their employees.
! A ~ ig 4 il ei1