The Forrest City times., 1896-09-11
consulted rather than the wishes OF those who
receive or disburso public moneys.
Bonds.


The issue OF interest-bearing bonds within the
last few years has been defended on the ground
that IL were necessary to secure gold with
which to redeem United States notes and
| treasury notes; but this necessity has
been imaginary rather than real In
stead OF exercising the legal right,
vested in the United States to redeem it's
notes in either gold silver, the executive
branch OF the government has followed
precedent established by q former administra-
ton and surrendered the option to the holder
OF the obligations. This administrative power
leaves the government at the mercy OF those
who find pecuniary profit in bond issues. The
fact that the dealers in money and securities
have been able to deplete or protect the
treasury according to their changing whims.
shows how dangerous 1t is to permit them to
exercise controlling influence over the treas
ury department. The government OF the United
States, when administered In the interest of
all the people, is able to establish and main
tain It's own financial policy, not only without
the aid OF any syndicates. but In spite OF any
opposition which the syndicates may exert.
TO assert that the government is dependent
upon the assistance or good will of a portion of
the people or other than constitutional ma
jority, Is to assert that have government
In form, but without vital force
National Bank Currency.
The position taken by the platform against
the issue of paper money by national banks is
supported by the highest democratic authority,
as well as demanded by the interests of the
people. The presen; attempt of the national
banks to force the retirement Of United
states notes and treasury notes in
order to secure basis for larger
issue OF their own notes illustrates the
danger which arises from permitting them TO
issue their paper a circulating medium. The
national nk note, being redeemable in law
ful money, has never been better than the
United States note, which stands behind it,
and yet the banks persistently demand that
these United States notes, which draw no in
terest shall give place to interest bear
ing bonds, in order that the banks may collect
the interest which the people now have To
empower national banks to issue circulating
notes Is to grant a valuable privilege to a ia
yored class, surrender TO private corporations
the control over the volume of paper money
and build up class which will claim a vested
interest In the national financial policy The
United States notes, commonly known as
greenbacks, being redeemable In either gold
or silver at the option OF the government, and
not at the option of the holder, are safer and
cheaper Tor the people than national bank
notes based upon interest-besringb bonds.
The Monroe Doctri re.
diRnifed. but firm maintenance of the for
eign policy first set forth by President Monroe.
and reiterated by the presidents who have sue
ceeded him, instead Of arousing hostility
abroad, is the best guarantee OF amicable
relations with other nations. 1t is bet
ter for all concerned that the United
States should resist any extension
OF European authority in the western
hemisphere rather than invite the continual
irritation which would necessarily result from
any attempt to increase the influence of
monarchlal institutions over that portion OF
the Americas which has been dedicated to re-
publican governments.
Pensions.
No nation can afford to be unjust 10 its de-
tenders The career of those who have suf-
fered in the military and naval service of the
country Is sacred duty. A nation which like
the United States, relies upon volunteer serv-
ice rather than upon large standing army
adds to its own security when IL makes gener-
Gus provision for those who have risked their
lives in its Cefense, and for those VINO are de-
pendent upon them.
The Producers of Wealth.
Labor creates capital. Until wealth IS pro-
duced by the application OF brain and muscle
to IL e resources of this country there is moth
Ing to divide among the non-producing classes
of society. Since the producers OF wealth
defend the nations flag in time OF peril their
interests ought at all times to be con-
sidered by those who stand in on
cial position. The democratic party has
ever found it's voting strength among those
who are proud TO he known as the common
people, and it pledges itself TO propose and
enact such legislation is necessary to pro-
tect the masses in the free exercise OF every
political right. and in the enjoyment OF their
just share OF the rewards of their labor
Arbitration.
desire to give special emphasis to the plank
which recommends such legislation as is nee
eSsary to secure the arbitration of differences
between employers engaged in Interstate com
merce and their employees Arbitration Is
| not new idea-it IS simply an extern
e m nf fhn af
Ing men of the country have expressed
desire for arbitration. and the rail-
roads can not reasonably object to the de-
cisions rendered by an impartial tribunal
Society has an interest even greater than the
| interest OF employer or employe, and has a
right TO protect itself by courts OF arbitration
against the growing Inconvenience and en-
| barrassments occasioned by disputes between
| those who own the great arteries OF commerce
on the one hand and the laborers who operate
them upon the other.
Immigration.
While the democratic party welcomes 10 the
country those who come with love for our in
situations and with determination and ability
TO contribute TO the prosperity OF our nation
II is opposed TO the dumping OF criminal classes
upon our shores, and to the Importation of
either pauper or contract labor to corapete
with American labor.
Injunctions.
Inc recent ABUSES Whlcn nave grown out of
injunction proceedings have been so emphat-
ically condemned by public opinion, that the
senate bill providing for trial by Jury in GER
tain contempt cases will meet with general
approval
Trusts.
The democratic party is opposed to trusts
1t would be recreant to It's duty TO the people
OF the country IL il recognized either the moral
or the legal right OF these great aggregations OF
wealth TO stihe competition, bankrupt rivals
and then prey upon society. Corporations are