Middlebury register. (Middlebury, Vt.) 1886-1937, 1896-09-18

The fact that the dealers in money
and securities have been allie to deplete
or protect the treasury according to
their changing whins, shows how dan
gerous il ~ to permit them to exercise
a controlling interest over the treasury
department. The government of the
United States. when administered in
the interest of all the people, is able to
establish and maintain its own finan-
cial policy, not only without the aid
Of any syndicate, bat i'm spite of any
opposition which the syndicate may eX'
ert To assert that the government is
dependent upon the assistance or good
Will of a portion of the people other
than a constitutional majority is to as
sert that we have government in form,
but without vital force.
The position taken by the platform
against the issue of paper money By
national banks is supported by the
highest Democratic authority, as well
as demanded 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 order
tn secure a basis for larger issue ot
their own notes. illustrates the danger
which arises from permitting them to
issue their paper as a circulation med
ium. The national bank note, aeing re-
ceemable in lawful money, has never
been better than the United states note
which stand behind it. and yet the banks
persistentlY demand that these United
States notes, which draw no interest,
shall give place to interest bearing
bonds in order that the banks may col
lect the interest which the people now
save. Our United states notes, COM
monty known as greenbacks, being re-
dcemablu i'm either gold or silver at the
option of the government and not at the
option of the holder, are safer and
oh or hp
bank notes based upon interest bearing
bonds.
a dignined but firm maintenance of the
foreign policy first set forth by President
Monroe 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 Euro
pean authority in the Western Hemis-
phere rather than invite the continual
irritation which would necessarily re-
suit from any attempt to increase TIE
influence of mOnarchial institutions over
that portion of the Americas which has
been dedicated to Republican govern
Inent
No nation can afford to be unjust to
its defenders. The care of those who
have suffered injury in the military and
naval service of the country is a sacred
duty. y nation which, like the United
States relies upon voluntary service
rather than upon large standing army,
adds to its own security When IT, makes
generous provision for those VINO nave
risked their lives in its defense ana Tor
thosa who ar" dependent upon them.
Labor creates capital. Until wealth is
producad by the application of brain
and muscle 10 the resources of this couu
try there is nothing to divide among the
non-pruducin. classes of socie ty. Since
the producers of wealth create the ma
tons prosperity i'm time Of peace, and
defend the nations flag iu time of peril,
their interests ought at all times to be
considered by those Nho stand i'm oti-
Cial positions.
l desire to give special emphasis to the
plank which recommends such l-gisla-
ton as is necessary to secure the arbi-
tration Of differences between omp'oyei9
engaged in Interstate commerce aud
their employees.
Arbitration is not "A new idea-it is
simply an extension of the court of jus
tice The laboring men of the country