The Roanoke daily times. (Roanoke, Va.) 1895-1897, 1896-09-10

| correctness of the position taken by them
people themselves.
AGAINST USELESS APPROPRIA-
TIONS.
"Snce government exists for the pro-
lection Of the rights of the people and
not for their spoliation, no expenditure
of public money can be justified unless
that expenditure is necessary for the
honest, economical and efficient admins
tration of the government In deter
mining what appro priations are neces-
sary the interests of those who pay the
taxes should be consulted, rather than
the wishes of those who receive or dis
burse public moneys.
CONDEMNS BOND ISSUES.
Gan increase in the bonded debt of the
United States is Mt this time entirely
without excuse. The issue of interest
bearing bonds within the last few years
has been defended ON the ground that
they were necessary to secure gold with
which to redeem United States notes and
Treasury notes but this necessity was
imaginary rather than real Instead of
exercising the legal right vested in the
United States to redeem it's coin in either
gold or silver, the executive branch of
the government has followed precedent
established by former administration
and surrendered the option to the holder
of the obligations. This administrative
policy leaves the Government at the
mercy of those who find pecuniary
profit in bond issues. The fact that the
dealers in money and securities have been
able to deplete or protect the Treasury,
according to Their changing whims, shows
how dangerous it is to permit them to
exercise controlling influence over the
Treasury Department..
GOVERNMENT CAN ACT ALONE.
"The Government of the United States,
when administered in the interest of ali
the people, is able to establish and en-
force it's financial policy, not only with.
out the aid of syndicates, but in spite of
any opposition which syndicates may
present. To assert that the Government
is dependent upon the good will or as
sistance of any portion of the people
other than a constitutional majority is to
assert that we have Government in
form, but without vital force
7 AGAINST BANK ISSUES.
"The position taken by the platform
against the issue of paper money by ma
tlonal banks is supported by the highest
Democratic authority as well as demand
ed by the interests of the people. The
present attempt of the national banks to
force the retirement of the United States
notes and Treasury notes in order to Sc
cure basis for IL larger issue Of their
own notes illustrates the danger which
arises from permitting them to issue their
paper as circulating medium. The ma
tional bank note, being redeemable in
lawful money, has never been better than
the United States note which stands be-
hind it, and yet the banks Professionally
demand that these United States notes
which draw no interest shall give place
to Understanding bonds in order that
the banks may collect the interest which
the people now save. To empower ma
tional banks to issue circulating notes is
to grant valuable privilege to favored
class, surrender to private corporations
the control over the volume of paper
money and build up class which will
claim 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 people than national bank notes
based upon Understanding bonds.
MONROE DOCTRINE ENDORSED.
ga 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 amicatle relations with other nations.
1t is better for all concerned that the
United States should resist any extension
of Eur opean authority in the Western
Hemisphere rather than invite the con-
tinual irritation which would necessarily
result from any attempt to increase the
influence of the Americas which has been
dedicated to the republican government.
FOR GENEROUS PENSIONS.
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,
relies upon voluntary servfte rather than
upon large standing army, adds to its
own security when it makes generous
lives in it's defense, end for those who are
dependent upon them.
THE RIGHTS OF LABOR.
Labor creates capital. Until wealth
is produced by the application of brain
and muscle to The resources of this coun.
| try, there is nothing to divide among the
producing classes of society. Since
| the producers of wealth create the ma
tion's prosperity in time of peace and de-
| fend the nations flag in the 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 it's voting strength am0uo