The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-09-10
the wishes of those who receive or dis
burSe public moneys
R0NTS

the wishes of those who receive or dis
burse public moneys
BONDS.
"An increase in the bonded indebted
ness of the United States at this time IS
entirely without excuse. The issue or
Understanding bonds within the last
few wears has been defended on the
ground that they were necessary 10 Sc
cure gold with which to redeem United
States notes and treasury notes. out
that necessity has been imaginary rain
err than real Instead Of exercising the
lesaI right vested in the United States
10 redeem Its coin In either gold or sill
YER the executive branch has followed
precedent established by a former ad-
administration and surrendered the op-
ton to the holder of the obligations.
This administrative policy leaves the
government at the mercy or those VINO
find pecunbary profit m bona issues.
The fact that the dealers in money ana
securities have been able TO deplete or
protect the treasury according 10 their
changing whims. shows how dangerous
Ii is to permit them TO exercise con-
trolling influence over the treasury oe-
partrnent, The government Of the Unit
torest of all the people is able 10 estab-
,sh and enforce its financial policy. not
only without the aid of syndicates, but
in spite of any Imposition which syndi-
Gates nay present. To assert that the
government is dependent upon the good
will or assistance Of any portion Of the
people other than constitutional ma
1ority is to assert that we have govern
mert in form but without vital force.
NATIONAL BANK CURRENCY.
'sThe position taken by the platform
against the issue of paper money by ma
pional banks is supported by the nlgAebs
Democratic authority, as well as de-
naanded 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 or
der to secure a basis for a larger issue
of their own notes, iilus trates the danger
which arises from permitting them TO
issue their paper as a circulating medl-
deemable in lawful money, has never
UNI. The national bank note, being re-
been better than the United States note
which stands behind it. And yet the
banks persistenuy demand that these
United States notes which draw no IN
terest, shall give place to intereSt-bear-
ing 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 a favored class, sur
render TO private corporations the com
troll over the volume OF paper money,
and build up a class which will claim a
vested interest inthe nations financial
policy. Onr United States notes, COM
monty known as greenbacks, being re-
deenlabge in either gold or silver at the
option of the government and not ait the
option of the holder, are safer and cheap
er for the people than national banks
based upon interest-bearing bonds.
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, in
stead of apousing 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 author
lty in the western hemisphere, rather
than invite the continual irritation
which would necessarily result from amy
attempt to increase the influence OF
nonarchial institutions over that por-
lion Of the Americas which has been
dedicated TO republican government.
PENSIONS.
No nation can afford 10 be unjust to
IT'S defenders. The care of those who
have suffered injury in the military and
naval service Of THE country is a sacred
suty. A nation which, like the United
States, relies upon voluntary service
rather than upon d large standing army,
adds to it's own security when it makes
generous provision for those who have
risked their 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 a coun-
try, there is nothing to provide among
the non-producing classes of society. |
Since the producers Of wealth create the
nations prosperity, in time Of peace,
and defend the nations ag in time OF |
peril. their interests ought at all times
to be considered by those who stand in
official positions. The Democratic party
has ever found its voting strength
among those who are proud to be known
as the common people, and 1T pledges it,
ton as is necessary 10 protect the
masses in the free exercise of every POI
litical right and in the enjoyment Of |
their just share Of the rewards OF their |
labor.
ARBITRATION.
IT desire 90 give special emphasis TO
The plank which recommends such legis- |
satiOn as is necessary TO secure the arbi- |
tration OF differences between employers |
engaged in interstate commerce and |
their employees. Arbhtra ton is not a
new !dea---it lis simply an extension of
the court of justice. The laboring men
Of the country have expressed a desire |
tor arbitration and the railroads cannot
reasonably object 10 the decisions rem
dered by an impartial tribunal. Society |
has an interest even greater than the !
interest of the mployer and employe, |
q When a Sahv Is |