Phillipsburg herald. [volume] (Phillipsburg, Kan.) 1882-1905, 1896-07-16

than 100000, 1000 in October, 1888, by
reason OF his monometallism and free
trade policy.
HE has succeeded in forcing his
financial and free trade policies on
the country and what has been the
result? There has been $203,000,000
of gold added to what we found Oh
the 4th Of March, 1893, to say moth
ing of the S64,0O0,0O0 in gold received
in the ordinary course of business,
1852, 100000 of interest bearing bonds
have been issued, and today the gold
reserve is less than it was March 4,
1898.
Il am surprised that our people
permit themselves to be frightened
by Mr.. Cleveland's false alarms. The
truth is, he has never uttered proph-
ecy which events have not falsifed,
In 1885 he told the people that the
boarding of gold which has already
taken place indicates that we shall
not escape the usual experience In
such cases, 40 if the silver coinage be
continued we must reasonably expect
that gold and its equivalent will
abandon the field of circulation to
silver alone
"The coinage of silver was continu-
ed, but gold did not abandon the
field of circulation for we had over
$100,0O0,0O0 IN the gold reserve June
30, 1890; $125,000,000 January l.,
1893; in fact, up to the election in
1892 the government had more money
than it needed.
"For fear that some of my friends
have forgotten the position our party
took at that time [ desire to call
their attention to what the republican
convention said at Chicago, June q,
1888: 4
1.-The republican, party is in favor
of the use of both gold and silver as
money and condemns the policy of the
democratic administration In its ef-
forts to demonetize silver
"Mr. Cleveland, with a house and
senate OF his political faith, has &C.
complished in 1898 and '94 what the
republicans prevented him from dong
in from 1856 to 1888,
II do not believe that the silver re-
publlcans should abandon their party,
It has always been friendly to silver.
The democratic party has failed to
keep its promise, on this question, and
the leaders of the populist party are
for irredeemable paper, and l firmly
believe it would be impossible for us
to adopt financial policy which will
supply the defects of an inadequate
tariff, and the republican party is the
only ono that can be depended upon
to enact q proper tariff law.
Il do think, however, a financial
policy can be adopted which will re-
establish confidence and help the
country along until tariff law is Ell.
acted which will insure ample rev,
enue.
'For one, I shall adhere to the
cause of honest bimetallism as enun.
ciated by the republican party in the
following concurrent resolution which
passed the senate and house in 1878
ReSolUed, that all the bonds OF
the United States issued under the
said gets of congress berejnbefore re-
cited are payable, principal and IN,
tereSt, at the option of the GoUern.
nlent of the United States, IN silUer
dollars of the coinage of the United
States containing 412 1.9 grains each
of standard SjLver, and that to ne.
store to ats coinage such silUer coins
as a legal tender in payment Of said
bonds principal and interest, is moi
in violation of the public faith nor
in derogatiOn Of the rights Of the pub
Tic creditor
This resolution was further dec
laration of the act of 1869. l shall
also adhere to the American system
Of protection, and in so doing am
satisfied that l represent the repqbli.
can sentiment Of the fourth district
In regard to the nominees of the st
Louis convention, Mr.. Curtis said:
while l was originally a Reed
man, l believe now the nomination Of
Mckinley was the strongest one which
the party could have made because of
Mr., McKinley's immense popularity
with the masses Of republican voters.