Shoshone journal. [volume] (Shoshone, Idaho) 1884-1931, 1896-07-24

THAN that system. and fastcn upon them
all the evils of the financial system
which he has heretofore repudiated, if
they viii make him president. What
ever may have been his attitude on the
money question in the past, ne must in
evitably hereafter support the same
financial system that the present demo-
cratic administration has, and if elected
must continue the policy OF Mr.. Cleve
land in the sale OF bond in lime OF
peace. Hence with the election IF Nc
kinney we may look for continued in
crease of the public debt and sale of
bonds to maintain the gold standard.
That the condition of the country Is
not satisfactory, all adni The pro-
duccrs of wealth are not receiving fair
and proper compensation for their labor;
enterprise has ceased; values are con-
stanrly declining; labor is unemployed;
discomfort and distress prevails 10 an ex-
tent never before known in the history
of this country, and no reason can be
found for such an unhappy condition
save in a vicious monetary system.
Those who profess to deplore the pres
ent financial condition, and oppose the
free coinage of sill er, are divided in
opinion as to the cause of the present
condition. Some declare that it is be-
cause we have too much tariff; others
that we have not enough; while the fact
exists that every gold standard country
in the world, whether it has a high or
low tariff, is now and has been during
recent years in the throes of financial
panic; and every silver standard coun-
try, compared with its former condition,
is enjoying an industrial development
and degree of prosperity hitherto un
known in its history. While us differ
ing in opinion, they unite in asserting
that the gold standard must be main
tanned until foreign countries shall sig
nifty their willingness that the American
people shall exercise the rights of free
men and create a financial system of
their own. If we overlook the humiia-
ton and degradation we must feel on
account of such a declaration of fnan-
cial dependency, we may well inquire
when the consent Of the leading com
mercial nations will be obtained.
''No one who has read the proceedings
of the three international monetary con-
ferences that have already been held,
or who has examined the imPracticable
propositions presented at those confer
eHces, can for moment believe that any
international bimetallic agreement can
ever be made with the consent of all the
leading commercial nations of ike world.
When will Great Britain, controlled as
she is and ever will be by the creditor
classes, who collects vast sums of money
for interest due her and her citizens,
who buys of us annually many more |
interest it is to make the pound sterling |
purchase as much of our products as
possible, consent that we shall be fnan-
cially independent, as we are supposed |
to be Politi ally independent? When
did the creditor classes of Great Britain
ever give up or in any way yield an ad-
such as they now possess
through the maintenance of the gold
standard? There is no hope for inter
national bimetallism until the United
States shall establish bimetalism for it.
self, and when that is done, international
NAV be secured without the
cor sent of Great Britain The United
States. on all other subjects of legislation
acts independently of any other nation
On earth. By what process of reason
ng is its right, authority or ability to
egislate upon this, the most important
subject with which it has to deal, 'ques-
toned or denied'
with a nation equal IN wealth and
power to One-foUrth of the world, It is
;owardly to say that we must ask the
permission of Great Britain to establish
md maintain a financial policy OF cur {
,wn. Believing as we do, that re-
urn TO the monetary system especially
in the constitution and com
'letely provided for by law from 1892 ,
Ill 1873 AFFORDS the only ground of hope
or the betterment OF the distressed con- =
ition of all the classes, except those who
We by the increment that money loaned
ives TO those who loan it, we appeal to I
Il classes to rally to the support of the
My candidates whose success indicates
ny hope of relief
"Let the merchant and business man
t.--.. i...:-iInI - lorrn-..I