The Dickinson press., 1896-09-12

coinage at a ratio Of 16 to 1. 1t vii, oppose
the expulsion Of gold from our circulation.
DECEASED Money Destroys Values.
"1f there 10 any n thing which should
be tree from speculation and fuctuation,
It is the money of q country. 1t ought
never to be the subject Of mere partisan
When we part with our labor,
our products or our property, VI should
receive in return money which is as stable
and unchanging in value as the ingenuity
o. honest men can make It. Debasement
OF the currency means destruction of val
ues. No one suffers 80 much from cheap
money as the farmers and laborers. They
pre- the first to feel its bad effects and tho
last to recover from them. This has been
the uniform experience Of all countries.
and here as elsewhere the poor and not
the rich are the greater sufferers from
every attempt to debase our money. It
would fall with alarming severity Upon
and their policy-holders, upon
banks and their depositors. upon
building and loan associations and their
members, upon the savings of thrift,
upon pensioners n their families. and
upon wage earners and the purchasing
power of their wages.
Cheap Money Experiments.
"The silver question is not the only
issue affecting our money in the pending
contest. Not content with urging the free
coinage OF silver, its strongest champions
demand that our paper money shall be
issued directly by the government of the
United States. This is the Chicago Demo-
cratic declaration. The st. Louis Peoples
party declaration is that Our national
money shall be issued by the general gov
eminent only without the Intervention Of
banks of issue. be full legal tender for the
payment of all debts public AID private
and be distributed direct to the people
and through lawful disbursements Of the
government Thus, in addition to the free
coinage of the worlds silver, we are asked
to enter upon an era of unlimited fire.
deemable paper currency. The question
which was fought out from 1865 to 1879 ia
thus to be reopened with all its cheap
form foisted upon us. This indicates q
most startling reactionary policy, strangely
at variance with every requirement of
sound finance: but the declaration shows
the spirit and purpose Of those who, by
combined action, are c%ontending for the
control of the government. Not satisfied
with the dcbasement OF our coin which in
evitably follows the free coinage of silver
at 16 to 1. they would still further degrade
our currency and threaten the public
honor by the unlimited issue Of an ire
deemable paper currency. A graver menace
to our financial standing and credit could
hardly be conceived. and every patriotic
citizen should be aroused to promptly meet
and effectually defeat it.
Dividing the People Into Glasses.
ut is a cause for painful regret and So
licitude that an effort is being made by
those high in the councils Of the allied
parties to divide the people OF this coun-
try into classes and create distinctions
among US which In fact do not exist and
are r%epugnant to our form Of government.
These appeals to the passion and prejudice
are beneath the spirit and intelligence of
a free people, and should be met with
stern rebuke by those they are sought to
influence, and l believe they will be. Ev-
cry attempt to array class against class,
the classes against the Masses section
against section, labor against capital, the
against the rich,' or interest against
interest in the United States is in the high
est degree reprehensible. 1t is opposed to
the national instinct and interest and should
be resisted by every citizen. We are not
3 nation OF classes, but Of sturdy, free, in
dependent and honorable people, despising
the demagogue and never captivating to
dishonor. This ever recurring effort en-
dangers popular government and is a
menace to our liberties. 1t Is not a new
campaign device or party appeal. 1t is as
old as government among men. but was
never more untimely and unfortunate than
now. Washington warned us against 1t
and Webster said in the senate words
which I feel are singularly appropriate at
this time: 4 admonish the people against
the object Of outcries like these. l ad-
monish every Industrious laborer Of this
country to be on his guard against such
delusion. I tell him the attempt is to play
of his passion against his interest and to
prevail on him in the name Of liberty to
destroy all the fruits Of liberty
Protection Of Supreme Importance.
"Another issue Of supreme Importance
Is that of protection. The peril of free
silver is a menace to be feared. We are
tlready experiencing the effect Of partial
tree trade. The one must be averted, the
other corrected. The Republican party Ia
welded to the doctrine Of protection and
was never more earnest in Its support and
advocacy than now. II argument were
needed to strengthen it's devotion to the
~ CdA 6yotCAA vi AASAC kA0 OA0 "
that system upon the party and people. II
is found in the lesson and experience Of
the past three years. Men realize in thei,
own daily lives what before vas to many
Of them only report. history or tradition
They have had a trial of both systems
and know what each has done for them
Washington, in his farewell address
Sept. II, 1896. 100 years ago. said: AS
very important source Of strength and Sc
nyr{tv ohorioh r,,h1fn orod{f Nno rnofhof
of preserving 1t Is to use 1t as sparingly al
possible; avoiding the accumulation Of deb
not only by stunning occasions of expense
but by vigorous exertions In time Of peace
to discharge the debts which unavoidable
wars may have occasloned. not ungener
ously throwing upon posterity he burden
which we ourselves ought to BEAR tt
facilitate the enforcement Of the maxim.
which he announced, he declared 1T 1!
essential that o should practically beal
in mind that toward the payment of debt!
there must ne revenue; that to have reye
nue. there must be taxes; that no taxes car
be devised which are not more or less in,
convenient or unpleasant; that the IN
trinsic embarrassment inseparable from
the selection of proper objects (Which Il
always q choice Of dificu1ties) ought to bt
q decisive motive for a construction Of thu
conduct Of the government in making 1t
and for a spirit of acodiescence in tn
measures for obtaining revenue which thu
public exigencies may at any time dictate.
Prompt Protective Legislation De.
manded.
animated by like sentiments the people
of the country must now face the condi
lions which beset them. The public ext
gency' demands prompt protective legisla
tion which will avoid the accumulation O
further debt by providing adequate reve
nues for tho expenses Of the government
This is manifestly the requirement Of duty
II elected president of the United States. l
will be my aim to vigorously promote thil
object and give that ample encouragement
to the occupations Of the American people
which above all else is SO imperatively de
manded at this juncture Of our nationa
affairs.
Happy Conditions in December, 1902
"In December. 1892. President Harrison
sent his last message to congress. It wa
an able and exhaustive review Of the cor
dition and resources Of the country. I
stated our situation 80 accurately that
am sure 1t will not be amiss to recite hia
oticial and valuable testimony. Their,
never has been q time in our history sale
he. when work was 80 abundant or wher
wages were 30 high, whether measured b,
the currency in which they are paid. OF
BY their power to supply the necessarie4
and comforts Of life. The general average
of prices has been such a. to give Il
agriculture .. fair. participation in the gen