The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1896-05-23

iat-money idea. stating IN its platform
that where the obligations Of the gov
eminent do not expressly state upon
their face or the law under which they
were issued does not provide that they
shall be paid In coin. they ought, in
right and IN justice, 10 be paid in the
legal tender money OF the United
States"
Obtaining but eighty electoral votes
On the fiat-money platform, they sour
RED back In the direction OF honesty
by announcing, in 1872, that "a speedy
return TO specie payment is demanded
alike by the highest considerations OF
commercial morality and honest govern
ment'
Four years later they contented them
selves with denouncing the Republican
party as financial imbeciles for having
made no preparations for resumption
and with again attempting 10 demoralize
the national currency by declaring the
legal tender notes "a changing OF value
in the hands Of the people"
In 1880. having found that their pre-
dictions Of failure 70 resume specie pay
ment were not sustained by facts, they
wobbled into line on the currency by
saying in their platform that they were
''for honest money OF strict mainten-
ance OF public faith. consisting Of gold
and silver and paper convertible into
coin on demand"
In 1884 they contented themselves with
announcing that I'VE believe in honest
money, the gold and silver coinage OF
the constitution, and a circula ting me-
dunn convertible into such money with
out loss"
In 1888 their agony over the tariff was
so great that they forgot 10 mention the
currency subject at all, while in 1892
they said: I'VE hold to the use Of
both gold and silver as the standard
money of the country, without discrinl-
mating against either metal or charge
for mintage, but the dollar unit OF COIN
age Of both metals must be upon equal
intrinsic and exchang eable value. 10 be
adjusted throug international agree
ment or by such safeguards Of legisla-
ton as shall insure the maintenance or
the parity Of the two metals and the
equal power Of every dollar at all times
in the markets and in the payment OF
debts; and We demand all paper cur
rency shall be kept at par with II, re
deeuable in such coin" Then followed
the remarkable proposition TO food the
country with state bank currency: I'VE
recommend that the prohibitory 10 per
cent tax on state bank issues be re,
pealed-'
The above outlines the erratic and
constantly changing course on national
currency OF the party now attacking
the record OF the Republicans upon this
subject. Let US see what the Repub-
lican party has said in its national plat
form, from the beginning down. In
1864 IL was resolved:
That the national faith. pledged for
the redemption OF the public debt, must
be kept inviolate, and that for that pur-
pose we recommend economy and rigid
in the public expendl-
lures, and vigorous and just system
Of taxation; and that IL is the duty OF
every loyal state 10 sustain the credit
and promote the use OF the national
currency.
In 1858 they said:
The best policy 70 diminish our bur
den OF debt is 70 so improve our credit
that capitalists Will seek 10 loan US
money at lower rates OF interest than
we now pay and must continue TO pay
as long as repudiati ton, partial or tOtai.
open or covert, Is threatened or sus-
pected.
The platform Of 1872 declared:
We denounce reputation OF public
debt, in any form or disguise. as a ma
tiOnal crime. We witness with pride
the reduction OF the principal of the
debt, and Of the rate Of interest upon
the balance. and confidently expect that
our excellent national currency viii be
perfected by a speedy resumption OF
specie currency. /
It's stand IN 1876.
In the first act Of congress signed by
President Grant the national govern
nent assumed to remove any doubts OF
rs purpose TO discharge all just obli-
cations 70 the public creditors. and
pledged its faith 10 make pro-
visions at the earliest practicable period
FOR the redemption Of the United States
notes II coin. Commercial prosperity, |
public morals, and the national credit
demand that this promise be fulfilled
BY a con tinuous and steady progress to |
specie payment.
The declaration OF 1850:
The Republican party has raised the |
value Of our paper currency from 8 |
per cent TO the par OF gold; Il has r. |
stored. upon a solid gold asis, payment !
n coin for all national obligations. and |
has given US a currency absolutely |
good and equal in every part 81 our eX- |
ended country: il has lifted the credi: |
y the nation from the point Of where S |
Der cent bonds sold AZ SIS - that where |
per cent bonds are eagerly sought az 1
! premium
The money plank adopted n 1854
We believe in honest money. the gold 1
lad silver coinage Ct the constitution +
Ind a circulating medium convertible /
nto SUCH money without loss
The guiding star OF ISIS:
The Republican party is IN favor o. /
he use OF both gold and silver as money !
nd condemns the polIcy q TIE Demo I
ratio administration II It's efforts %
Ismonetize silver
It's proposition four years ago:
The American people from tradition
nd interest favor bl1le talIism and the
party demands the use Of
9th gold and silver as standard money.
Eit1 such restrictions and under such
'r0viS5oas % BE- determined b. legisla-
Ton as vii secure the maintenance =
he parity % values % the Two netz-s
o tbs; the purchasing and Eebt-payins
over % the dollar. whether q silver.
old or paper. shall - at al tines
quail The interests % ire producers
Z the country. tts farmers and is work
zgmsu. demand that every dollar. pa
- o. coin. issued BY the government
hall BE as god as any o;he-- We COR
aend the VS. and patriatic steps a.
sa6y taken By our government - So
cu-e Al inEerna Ctonsl conference te
dopc such measures as TfE insure
arity q value between geld snd silver
5r use as money throughout t1e xors1
Children Cry fcr
Pitchers Castoria.