The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-06-17


mutIng unlimited silver into gold Nor
worth a hundred cents As well under
take By = resolution ol congress 20 stls-
pend the laws %, Eravita-ion as attempt
10 compel an unlimited number OF gl-eelt
dollars 10 circulate with lIl-cent dollars
az parity with each other. An attempt
10 compel unlimited dollars Of such uu-
equal value 10 circulate ar a parity Is bad
I'm morals and Is vicious ln psitics- Sound
thinkers upon me great question or the
currency know from the nesluuing Of the
experiment how miserao-y and certainly
DO would fail. The cOmmerce % the cQun-
try would again be thrown upon the sea
OF uncertainty and the specier ot Want
u pom opening our mlnis 20 the indie
pendent coinage OF SILVER. foreign credits
would be greatly Curtaiel. More than
this. there would be a certain and sudden
contraction OF our currency by the eN-
pulsion of Sd2o0oo.eo0 of gold and our pa
per and silver currency would Instantly
and greatly depreciate I'm purchasing pow
er But one result would follow this.
enterprise would be further embarrassed;
business Generalization would De iucreas-
ed still further and serious injury would
be inflicted upon the lab0rers the farm
ers, the merchants and an those whose
welfare depends upon a wholesome COM
merce. A change from the present stand
ard TO the low silver standard would cut
down the recompense OF labor, reduce
the value of the savings in savings
banks and building and loan
associations: salaries and incomes would
shrink. pensions would be cut in two. the
benenciaries OF life insurance would suf-
fer; in short, the injury would he so uni
versal and far-reaching that a radical
change can be contemplated only with the
graVest apprehension.
"A sound currency IS one Of the essential
instruments I'm developing our commerce.
II is the purpose OF the republican party
not only 10 develop our domestic trade, but
TO extend our commerce into the utter
most parts Of the earth. We should not be-
gin our contest for commercial supremacy
IA HH HHnnn HaHHH NHaH a
the leading powers with which we must
compete, suspended the free coinage of
silver when the increased production OF sill
yer forced the commercial ratio above the
coinage ratio TO gold. Shall We ignore their
rlpened eXperience2 Shall We attempt
what they have found utterly impossible?
theirs2
you cannot build prosperity upon
base of uuctuating currency. as we'll un-
dertake to build upon the changing sands
of the sea.
a sound currency defrauds no one. It
is good alike IN the hands Of the employee
and the employer, the laborer and the
capitalist. Upon faith i'm it's worth. it's
stability, we go forward planning for the
future. The capitalist erects his factories,
acquires MS materials. employees his arti-
sans, mechanics and laborers. He is
confident that his margin will not he
swept away by fluctuations in the cur
rency. The laborer knows that the money
earned by his toll is as honest as his toll,
and IL is unquestioned in it's purchasing
quires as much labor to earn a poor dol
lar as a good one; and he also knows that
if poor money Is abroad it surely finds its
way into his pocket. We protest against
a lower standard Of commercial honor.
We stand against the democratic at
tempt TO degrade our currency to the low
level Of Mexico. China, India and Japan.
The present high standard Of our cur
rency, our honor and our flag will be
sacredly protected and preserved by the
republican party.
"There are many and important aues-
tions requiring the enlightened and pa
triotic judgment of the republican party.
A pan-American commercial alliance was
conceived by James g. Blaine and the
highest motives of self-interest require rs
to accomplish what he had so we'll be-
gun. The Monroe doctrine must be firm
ly upheld, and the powers of the eartn
made to respect this great but unwritten
law. There can be no further territorial
aggrandzement by foreign governments
on the western continent Our devotion
to the pensioners Of the nation was never
more emphatic nor more necessary than
now.
The republican party believes in the
development of our navy and merchant
marine until we establish our undsputed
supremacy upon the high seas
THE struggle for Cuban liberty enlists
the ardent sympathy. Of the republican
party-a- party which has given to liberty
It's fullest meaning on this continent We
wish to see new republic born on Cuban
soil; greet the country whose dawn is al
ready purpling the east.
MY friends. the campaign of 1896 is upon
us. The great questions for debate in the
august forum of the United States are
free. trade and free silver against a pro-
tectlve tariff and sound money As we re-
gard our homes and our honor, our happi-
ness and our prosperity and the future
power and majesty of the republic let us
dedicate ourselves to the restoration of a
protective tariff, which shall be genuinely
American, and to the maintenance of an
| honest standard of value with which to
measure the exchanges Of the people
"A distinguished republican has said
that the supreme desire Of the American
people is for an honest currency and a
chance to earn it by honest TOLL"