The morning news. [volume] (Savannah, Ga.) 1887-1900, 1896-08-27
PROJECTIONS APOSTLE.
ADVISES A FINANCIAL
.WAITING POLICY"

Eef For shark ana shuus foE uoAu
Democrnts and silver Republicans.
,,tributes All Our Ills to Tariff.
IL. SAYS Our Money Never Hurt
THE Republican Party Held Up
a. the Hope of the Nation.
canton. o.. Aug. 26-Maj. Mckinley gave
his letter Of acceptance TO the press asso-
Citations this afternoon. having finished
bfs last reading and revision Of it at 12:SO
o.s.ork. The letter touches upon all Of
,se important planks in the republican
rs-fousf platform. but the first half Of 1t
=. devoted to a discussion Of the money
question. The letter is as follows:
Hon. John NJ Thurston, and Others,
Members Of the Notification Committee
Of the Republican National Convention:
Gentlemen-In pursuance or the promise
made TO YOUR committee, when notified Of
nv nomination as the republican candi-
date for President, / beg to submit this
formal acceptance of that high honor and
10 consider in detail questions at issue in
the pending campaign. Perhaps this
might be considered unnecessary in view
of my remarks on that occasion and those
have made TO delegations that have Wis
tied me since the ST. Louis convention.
but in view Of the momentous Importance
Of the proper settlement of the issues pre-
sented on our future prosperity and stand
ing as a nation, and considering only the
welfare and happiness of our people, 1
could not be content to omit again calling
attention to the questions, which. in my
opinion. vitality affect our strength and
position among the governments of the
world and our morality. integrity and pa
1riotism as citizens of that republic,
which for a century past has been the
best hope Of the world and the inspiration
Of mankind. We must not now prove
false TO our own high standards in gov
ernment, nor unmindful Of the noble ex-
ample and wise precepts of the fathers,
or Of the confidence and trust which our
conduct in the past has always inspired.
The Free Coinage of Silver.-For the
first time since 1868, if ever before. there
IS presented to the American people this
year a clear and direct issue as to our
monetary system of vast Importance in
its effects and upon the right settlement
of which rests largely the financial honor
and prosperity Of the country 1t is pro-
posed by one wing of the democratic mar
ty. and its allies, the peoples and silver
parties to inaugurate the free and unlin-
tied coinage Of silver by independent
action on the part of the United States
al ratio of sixteen ounces of silver to
one ounce of gold. The mere declaration
OF TINS purpose is a menace to our finan-
cal ana Industrial interests, and has al
ready created universal alarm. It in
wolves great peril to the credit and bust
ness OF the country, peril so grave that
conservative men everywhere are break
ing away from their old party associa-
lions and uniting with other patriotic
citlzens in emphatic protest against the
platform of the democratic national con-
Nenuon, as an assault upon the faith
anu honor OF the government and the
WeIfare of the people. We have had few
questlons in the life time of the republic
more serious than the one which is thus
presented. - mus
NO Beneht to Labor.-The character of
lhe money which shall measure our val
ues ana exchanges, and settle our hal
ahees with one another, and with the ma
@ 1ionS 81 the world, is of such primary i'm
~ ol1oIlce' ana so far-reaching in its con-
sequences as to call for the most mains.
n
so3ef and unprejudiced Judgment at tbe
poLS, we must not be misled by phrases
--oL ueIuued by false theories. Free silver
"OuIu not mean that silver dollars were
- De freely had without cost or labor II
"oula mean the free use of the mints of
o-,.. = uIle0 states for the few who are
sI,,DS OF silver bullion, but would make
- In no Ireer to the many who are
I9"scu IN obher enterprises IT would
~ make labor easier, the hours of labor
49,. ol le', or the pay better. 1t would NOT
- ldrmlng less laborious, or more
l..Yl-1Io oIe' 1t would not start a factory
~! name demand for an additional davis
80 III would create no new occuna-
fa.. IL would add nothing to the com
pIa - elle masses, the capital of the peo-
- VI 'Ie wealth of the nation. IT seeks
10 introduce a new measure of vo1,,a m
'iU - dud no value to the thing meas
W, III would not conserve values. II
a. - HoI restore business confidence bu+
Iit,i 0CI eHect would be to DESTROY the
NE n.y., which yet remains.
coinl. - A. Means.-The meaning of the
anr - pIahk adopted at Chicago is that
#lion ,i-y may take quantity of silver bull
tba r-rit. "oIlh o5 cents to the mints of
ev, -'eu states, have it coined at the
for Oh the government. and receive
ta7ds. Sl'er dollar, which shall be legal
s BIZ o- ~ @-oI lhe payment of all debts. pub
H. ~ private The owner of the silver hui
4baia,,". "'.u0 get the silver dollar. II wouId
ra9,i5 10 him and to nobody else Other
H. rr- you'd get it only by their labor.
SvaI5. - uels OF their land or something Of
spresa,. lAe bullion owner on the basis of
3~ et values would receive the silver dol
feorIa - oents worth of silver, and other
fYU II" qua be required to receive il as a
20 -.'I IN the payment of debts. The
tr7re.'-...sl would get nothing from the
coirir-. 'W.9h. ~ II would bear the expense of
Ny5@i57 The silver and the communitv
r.. S-iler loss by its use.
si0l ,--oIars Comparatively have coined
a'9 more than 100000. 600 of silver dol
rne,, men are maintained by the govern
g. parity with gold. and are a full
sgbli- H0rr Tor the payment of all debts
dor.. ana private How are the silver
rbt[ now in use different from those
p, ould be in use under free coinaea9
e7st-i-e are TO be of the same weight and
Sof * lhey are to bear the same stannn
of H. 79Fefnment. Why would they not he
l7ns. 1alAe value2 answer: The silver
ii -,' no" IN use were coined OF. account
7.. -oFernment, and not for private ac-
81 MI gam, and the government has
he 10y agreed to keep them as good as
ho--.. collars we have. The governnent
b. s- 'He silver bullion at its actual val
ex.l,., -oIAed 1t into silver dollars. Having