The record-union., 1896-08-17

of one-half of l per cent. Will Repub-
lican dare say that this is a stable cur
rency-that currency that fluctuates
over per cent in three years, is every
day the same? We ask our Republican
contemporaries whether they condemn
that part of the National Democratic
platform which demands that the priv
iIege of issuing money be taken from
the banks, or do they favor the pres
ent system of money which will vary
from per cent. premium above gold
to slight discount in less than three
years?
MOSES HUNTERS.
Visalia Delta: Democratic papers
(Populist papers are saying little) are
laying great stress upon the fact that
Mr. Bryan's nomination was a sur
prise, whereas that of Mr.. Mckinley
was almost certainty before the Re-
publican National Convention was held.
McKinley's nomination is attributed by
them to Mark Hanna's influence, yet it
is we'll known that Mr.. Mckinley had
many supporters in the convention of
1892, and that during the last four
years he has been the choice of the Re
publican party for the standard bearer
in 96. By going back a few months
over the files of newspapers it will be
noted that county and State Conven-
tions in all parts of the Union instructed
their delegates to vote for Mckinley or
adopted resolutions commencing him
for the nomination. And all this was
before Hanna's name was known out
side of Ohio and few adjacent States.
HOW MUCH COINED.
stated that according to "Coin" the
Government purchased and coined
$105, 100000 worth of silver prior to
1878. The mint report Of 1895 shows
total coinage of dollars from 1893 to
1873, exclusive, SS,031 ,23S. Total coin
age silver of all kinds for same dates,
$142, ,365, $50. Since 1878 there has been
coined in moneys of all kinds, up to
June 80, 1895, $542, ,65S, ,551 90. These
figures show that since 1913 there has
been coined S4O0, 293, ,401 80 more silver
than prior to 1878. And mind you, ev
cry silver dollar of this amount is a
legal tender for all debts where not 9TH
erwise stipulated by private contract.
All this goes to show that this talk
about degrading silver is all rot.
THE SUBSIDIARY COINS.
Watsonville Pajaronian: The Demo-
cratic platform insists that the silver
dollar shall be legal tender for any
amount. It is that now and has been
since 1878. But the silver coins of less
than a dollar are not legal tender for
over $40, and the Democratic platform
overlooked them in its declaration for
silver Are they to continue to have
limited legal tender use? At the com
mencement Of this year there were
$61 1856, 627 of subsidiary silver in
circulation, as against $50, 2,71T,417 in
silver dollars. The Pacific slope is the
metallic money section Of the country,
and the big dollar has never come into
favored use here. People prefer the
half dollar, though it is not legal ten
der for over SO. If we are to have
free silver coinage why make any dis
tinction in the legal tender use of any
silver coin?
THE RECIPROCITY TREATIES.
San Jose Herald: Some Republican
papers that do not take the trouble to
look up the facts are claiming that the
abrogation of the reciprocity treaties
entered into under the Mckinley law
has cost American producers hundreds
of millions of dollars. AS matter of
fact the reciprocity treaties were re-
pealed because they had almost entirely
failed in their purpose Of opening new
markets; because they had prompted
Determinations against us in other
more valuable markets, and because
the Government needed the revenue
from duties on sugar importations.
Under the Mckinley and reciprocity
tariff receipts ran down from S229,-
66S, $50 to $131, ,S1S, 531. OF course the
country could not stand that kind Of
business. The Wilson bill raised the
revenue the next year to 1852, 15S, ,617,
and for the year just closed it has
climbed up toward the old figure.
A PROPHESY.
San Diego Sun: No candidate, GER
tainly since Lincoln's time, has been
given the spontaneous and enthusiastic
reception by the people that is now so
freely accorded to William j. Bryan
His trip from his home in Nebraska
to the East has been a continued ova-
ton. No suggestion appears anywhere
that it is due to idle curiosity or to hero
worship It is the sincere expression
Of a people who ardently advocate the
cause Mr.. Bryan so ably represents.
These expressions certainly argue well
for the success of that cause. If the
indications are at all to be relied upon,
Mr.. Bryan will be elected President of
the United States by majorities in
every State that will cause the most
profound surprise to those who oppose
him.
WILL ALL BE FOR HIM.
Marysville Appeal: Before the cam
raign is we'll on everybody will be for
Grove L. Johnson. The people appre-
ciate a man of brains.