The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1896-08-29

coinage of silver at ratio of 16 ounces
of silver to l ounce OF gold would in
sure the speedy contraction OF the value
of our currency. IL would drive ct
least 5O0,o00,OOO OF gold dollars. which
We now have, permanently out OF the
trade OF the country, and greatly de-
crease our per capita circulation. 1t is
not proposed by the republican party
to take from the circulating medium
OF the country any OF the silver we
now have.
ON the contrary, 1t is proposed to
keep all OF the silver money now in
| Circulat ton on a parity with gold 10y
maintaining the pledge OF the govern
ment, chat all OF il shall be equal to
gold This has been the unbroken pol
! Icy OF the republican party since 1875
| Il has inaugurated no new policy. 1t
/ will keep in circulation, and as good
as gold, all of the silver and paper
| money which are now included In the
| currency of the country II will main
tain their parity. II viii preserve their
! equality in the future as it has always
| done in the past, II viii not consent 10
/ put this country on silver basis,
which would inevitably follow indie
/. 1t will oppose the expulsion OF gold
! from our circulation.
| Money Free From Speculation.
| II there is any one thing whl,h
should be free from speculation and
| tiuctuation 1t is the money Of a coun-
! Try. 1t ought never to be the subject
! OF mere partisan contention. When
| We part with our labor, our products or
| our property. We should receive in re-
! Juru money which Is as stable and uu-
| changing in value as the ingenuity II
| honest men can make IL, Debasenent
| OF the currency means destruction OF
! values. No one suffers so much from
| cheap money as the farmer and labor
Fl. They are the first to feel its had
| effects and the last to recover from
| them. This has been the uniform eN-
| perience Of all countries. and here, as
! elsewhere, the poor. and not the 'ich
| are the greater sufferers from every at
| tempt TO debase our money. II would
( fall with alarming severity upon in
I VsStments already made; upon iusur-
8uce companies and their policy hold
! RS; upon savings banks and their lie
posItorsi Upon building and roan assJ-
| cations and their members; upon IN,
savings Of thrift, upon pensioners tud
th.lr families, and upon wage-earu-rs
and thu purchasing power OF th-I
wages.
silver But One Issue.
The silver question IS not the only
ssua affecting our money In the peai-
Ing contest Not content with urglna
the free coinage Of silver. Its stron gea'
Champions demand that our pa9e,
| money shall be issued directly BY Jha
government q the United States This
IS tha Chicago democratic declara Zion
The s. Louis peoples party daclara.
zion is that our national money snail
| 1a issued by the genera! ggyernu-n,
only, without the Intervention OF bank.
5t issl. Boz full legal tender tor Oh.
p5ym-n. os all debts public and prl.
yate,' and bee distributed direct 20 ,hs
people and through lawful d.s0ursa-
mants ~ the government
Thus, in addition 30 the free coinage
IT silver we are asked TO enter upsr
an ara OF unlimited ire }eemabIe paper
currency The question whlcn was
fought out from 1855 TO 1875 IS thus {.
be reopened, with all It's cheap money
| experiments Of every conceivable form
fgtsted upon Us TIL. Indicates T. ncsI
| startling rsacttoDary policy strange.
| Iy at variance with every reluiraln nj
at sound finance. but the declaration
shows the spirit ana purpose Of those
who by combined action are contend
ing for the control os the government
NO, satisfied with III. I.1asern nj
2 our coin. which inevitably follow.
the free coinage Of silver az 10 20 /
hey would still further degrade ON
| currency. and threaten the public Ron.
or. by the unlimited Issue OF an IRE.
d=emabie paper currency A grayei
menace TO our financial standing and
credit could hardly be conceived. an.
every patriotic citizen should b.
| aroused 90 promptly meet and eHrsctu
| ally defeat it,
Cause for Painful Regret
1t is cause Tor painful regret an.
| soGCiLuIz that an effort is being mad.
| by those high In the c1un Is os ia.
| allied parties 10 divide the people of
the country iatO classes and create dis
| l.uctlOns among US which In TACT. DE-
| 10. exist. and are pIEraut o. QUA
| form " government. These appeals
to passion and pre!ud.1n are bauaatf
The spirit and Intelligence u a free
! people, and should be met with stsrr
| E-ouka by those they ar. sought To- IN
| 1geree. and 7 believe they will 5r
ETecy att.mp: % array class against
class. t,Ia classes against tho masses
-..r aga.-z- lection r.F.,
against capita. the poor against
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