The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1896-09-09


sary the interest Of those who pay the
taxes should be consulted, rather than
the wishes of those receive or disburse
public moneys.
An increase in the bonded debt of the
United States at this time is entlrely
without excuse. The issue of interest
bearing bonds within the last Few years
has been defended on the ground thar
they were necessary to secure gold
with which to redeem United states
notes and treasury notes, but this ne
0essity has been imaginary rather than
real. Instead Of exercising the legal
right vested in the United States to re-
deem its notes in either gold or silver
the executive branch of the government
has followed precedent estap-
lished by a former administration and
surrendered the option to the holoer OF
the obligations This administrative
policy leaves the government at the
mercy OF those who find pecun1ary
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
Whinns, shows how dan gerous it is to
permit them to exercise a controlling
influence in the treasury department
The government of the United States
when administered in the name of all
the people has the right to establish
and enforce its financial policy without
the aid Of syndicates but in spite of any
opposition which syndicates may pre-
sent. To assert that the government
- 0Gp@L0GnL upon Tie gnu Will VI g.
ststance Of any portion Of the people
other than q constitutional majority is
to make a dangerous admission.
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 we'll
as demanded by the interests of the
people The present attempts of the
national banks to force the retirement
Of its United States notes and treasury
larger issue Of their own notes, illus
trates the danger which arises from
permitting them to issue their paper as
a circulating medium. The national
bank note, being redeemable in lawful
money. has never been better than the
United States note which stands behind
it and yet the banks persistenly de-
mand that these United States notes
which drew no interest, shall give place
to interest bearing bonds in order that
the banks may collect the interest
which the people now save. To en-
power national banks to issue circula-
ting notes, is to grant a valuable priv
uege TO a favored class, surrender to
private corporations the control over
the volume Of paper money and build
up a class which will claim q, vested in
terest in the national financial policy.
Our United States notes, commonly
known as green backs being redaerna-
bic in either gold or silver at the op-
ton Of the government and not at the
option Of the holder are safer and
cheaper LOT the people Cnan naL1OE2l
bank notes based upon interest bearing
bonds.
THE MONROE DOCTRINE.
A digniied but firm maintenance Of
the foreign policy first set forth by
President Monroe and reiterated by the
presidents who have succeeded him, in
stead of arOusing hostility abroad, is
the best guarantee of amicable rela-
tons with other nations. It is better
for all concerned that the United States
should resist any extension of Euro
pean authority in the western henais-
phere rather than invite the continual
irritation which would necessarily re-
suit from an attempt to increase the
influence Of monarchical institutions
over the portion of the Americas
which has been dedicated to Republi-
PENSIONS.
No nation can afford TO be unjust to
It's defenders. The care Of those who
have suffered injury in the military and
naval service Of the country is a sacred
duty Any nation which, like the United
states, relies upon voluntary service
rather than upon q large standing army
ADDS to its own security when it makes
generous provision for those who have
risked their lives in its defense and for
those who are dependent upon them.
THE PRODUCERS OF WEALTH
Labor creates capital Until wealth
Is produced by the application of brain
and muscle to the resources of this
country there is nothing to divide
among the non-producing classes of So
ciety Since the producers Of wealth
create the nations prOsperity in time
Of peace and defend the nations flag in
time of peril, their interests ought at
all times to be considered by those who
stand in official positions. The Dem
ocrat1c party has ever found its voting
strength among those who are proud to
be known as the common people and
it pledges itself to propose and enact
such legislation as is necessary to pro-
tect the masses in the free exercise OF
every political right and in the enjoy
ment of the just share of the rewards
of their labor.
ARBITRATION.
desire to give special emphasis to
the plank which commends such legis-
lation as is necessary to secure the arbi-
tration of differences between employees
engaged in Interstate commerce and
their employers. Arbitratio is not anew
idea; 1t is simply an extension of the
courts of justice. The labOring men
Of the country have expressed a desire
for arbitration and the railroads can
not reasonably object to the decisions
rendered by an impartial tribunal So
ciety has an interest even greater than
the interest Of employer and eunplOye
and has q right to protect itself by
courts of arbitration against the grow
ing inconvenience and ernbarraS Sment
occasiOned by disputes between those
who own the great arteries of COM
merce on the one hand and the labor
ers who operate them on the other.
IMMIGRATION.
While the Democratic party welcomes
to the country those who come with
love for our institutions and with the
determination and ability to contribute
TO the strength and greatness of our
nation, it is opposed to the dumping OF
the criminal classes upon our shores
and to the Importation Of either pauper
or contract labor to compete with
American labor.
INJUNCTIONS
The secret abuses which have grown
out of injunction proceedings have been
so emphaticalIy condemned by public
opinion that the senate bill providing
for trial by jury in certain contempt