The Caucasian. (Clinton, N.C.) 188?-1913, 1896-08-06

The demoneiiGAiisa q. silssr ~
1873 enormou.ly incrc>ssd the de-
faAnd for gold. ~ahAnears rs per
chasing power. aud lowering al
sprices measured by thA, standard.
AMI sue. that unJasi snd inds'snsl-
ble act. th. prices 81 An.EieAu prod
uets hsv. fallen apon an average
nearly 20 per cent. carrying WITH
them proportlonAlly the money yalae
o. sli other forms 90 property.
"Suoh fail of prices hss destroyed
the legitimate industry. inlurirs the
producer for the bench; Of the nor-
producer. increasing IN. burden OF
the debtor. swelling the gains OF the
creditor. psrAly Ling the productive
energies OF tie American people.
relegAtirg 70 idloness vas; numbers
of willing workers, sending III. shAd
ows OF despair into the home OF the
honest toiler, filing the land with
tramps and paapers aud building mp
| colossal fortunes 81 the money ct n
tres.
I'm the effort TO maintain the gold
standard the country has within the
last two years. IN a time OF proionud
peace and plenty, been loaded down
with S362. .000, 200 Of additional inter
est bearing deb; under such circum.
stances ss to allow a syndicate al
native and foreign bankers TO real
ize a net profit of millions on sing Il
deal.
lit stands contes ssed that the gold
standard can only be upheld 10y -
depicting our paper currency rs Il
force the prices of our products be
low the European and even below
the Asisuc level. TO enable us TO sci
in foreign markets, thus aggravatinE
the very evils of which our people 81
{ bitterly complain, degrading Ameri
can labor and striking at the foundA
tions Of our civilization itself.
THE advocstes of the gold stand
ard persistently claim that the caus
, of our distress is over-production-
, that we have produced so much tha
it made us poor-which implies tina
r the true remedy is TO close the fac
tory, abandon the farm, and throw
s multitude of people out of employ
4 l.ment; a doctrine that leaves US ur
@ nerved and disheartened and absC
i lutely without hope for the future.
{ "We affirm il TO be unquestione
n that there can be no such economi
IS paradox is over-production, and q
v the same time tens of thousands {
d our fellow citizens remaining hal
!. clothed, and half-fed, and who NJ
n piteously clamoring for the commo
70 necessities of life.
n "Over and above all other que
ID tions of policy, We are in favor
e. restoring to the people of the I'm
ia ted States the time-honored mon'
10 OF the constitution-gold and silve
not one but both-the money
sr Washington and Hamilton and Js
~ ferson and Monroe and Jackson al
w Lincoln, TO the end that the Anne
!; can people may receive honest pi
Il for an honest product. that {
;n American debtor may pay his u
or obligations in an honest s:anda
- and not in a dishonest and unsou
ri standard appreciated 100 per eel
,aI in purchasing power, ana no app
.at citation in debt paying power, a
IN to the end, further. that silver staI
- ard countries may be deprived
ar the unjust advantage they enjoy,
y, the difference in exchange betwe
IN gold and silver-an advantage VIII
yer tariff legislation cannot overcome
R;- "We, therefore, confidently
st peal to the people of the Uni
,an States to hold In obeyance all OF
nal even momentous they may appear
or sunder, if need be, ali former pa
the ties and affiliations, and unite in
of supreme effort TO free themsel
and their children from the DOM
I'm. tion of the money power-a po'
co more destructive than any VII
nor has ever been.fastened upon the
ard ilized men of any race In any q
of And upon the consummatlon OF
; of desires and efforts we evoke the
and of ell patriotic American citiz
the and the gracious favor of Div
ism Providence.
81 "Ipasmuch as the patriotic ma
,ess ty of the Chicago convention emb
,nis ed In thefnancial plank of its I
OF lol /" INC PhAhNApASo Sh -
+;no platform of the American Bi-neti
as, party, promulgated at Washing
est ID. c., Jan. 22, 1896, and therein
ION terated that it is not only the p
ans mount, but the only real issue In
\ an pending campaign, therefore re
ave nizing that their nominees emit
ewes these patriotic principles, we rec
ri mend that this convention nomi
VIM. J. Bryan, of Nebraska.
President, and Arthur J. Sewall
tied: Maine, for Vice President.
at Mr.. Keith was elected nat
In committeeman for the next
ton. wears and Mr.. J. II. Pearson, oi
and State was elected vice-presider
ency the convention for North Caro-
allie
cur Fallen I! Fallen:
~ on Nevada Director.I