Daily capital journal. (Salem, Or.) 1896-1899, 1897-04-01
Letters Received on the Great
Money Issue.
FAVORING BIMETALLlC UNION.
Plan for Silver Organization The
Gold Program.
PLAN OF oReAN1zAT1oN.

Silver party, Washington, ID. C., hs
sent out the following plan:
That the voters Of the country ma
haYe an opportunity to 50 organic
that they can cooperate and redeer
our country from the bllRht'of gol
stanard, which has made the lOO-cen
dollar, Of 1853, a 2OO-cent dollar fl
1895, and is paralyzlng the energle
OF our people, undermining our liber
ties and bids fair to fill the lanC
with poor houses. The national com
mittee, appointed by the Silver con
ference, 10 Washington, d. c., Janu
airy q and %, suggests the following
plan OF organization:
/. That the organization proceed
from the people up by all silver men
signing the club roll
2. That the organization should ex.
tend into every school district, so that
clubs may be formed convenient to
the homes Of the people.
In order to effect such organization,
the representative, Of the national
committee, In each state and territory
should proceed at once TO appoint an
organizer for each congressional dis
trlct, whose duty IL will be to organ
lie the district by the appointment Of
an active and efficient worker In each
county TO act as committeeman for
such county, whose duty It will be to
organize said county.
The county committeeman should
proceed without delay TO secure the
cooperation OF one active man 10 each
city, township or precinct to under
take the organization OF said city,
township or precinct. 1t is further
recommended that the city, township
or precinct committeeman subdiyide
their work by the appointment of a
committeeman in each school district,
whose duty IL will be TO canvass the
school district and secure the sigma
lures OF voters 10 the club roll.
THE GOLD PROGRAM.
In type written letter to the ed
tor OF THE JOURNAL, the gold stand
ard currency reform committee sub
mits the following suggestions for
carrying out the gold standard and
bank note system:
Government can easily add 500,
100000 per year TO It's store OF gold 10y
'ale OF bonds, getting half this amount
rom the annual product OF our own
old mines and half from abroad.
BY this means il can, without either
contraction or expansion of the cur
'ency, In seven years time substitute
egal tender gold certihcates-w
we call new greenbacks" all the
egal tender currency which IL IS now
pound 10 redeem on demand, and IL
IAN thereby put its finances on per-
ectly sound footing. A yearly charge
4 twenty-five cents per head of our
opulatIon for interest on the neces-
airy bonds would be the whole cost Of
his reform" /
"Slnce our banks have 5000, ,0OO, 600
banking assets mostly short notes
{ solvent people-if these should !
'sue even $1,000, 100000 of notes re-
esmable In gold and secured by first O
en on these assets, their notes would U
e, humanity speaking, perfectly good
nd far surer OF prompt redemption In
lan the promises of our government; /
nd, even II these bank notes were at 4
ny time irredeemable, no change u
ould occur In the value OF contracts, =
ecause these notes could not be 4
'rced' by the legal tender act, on z
editors In satisfaction OF debts. n
Literature In plates and editorials
advocate the above system OF more =
Dnds aud no currency hut by grace !,
the banksare offered THE JOURNAL OF
&c OF all expense. al
Following is sent by the Currency
sformlgoldl committee OF the Massa- - -
ussetts Reform club; n
HEADING FoR CLUBS. II
Resolved, We demand that some al
. plan be ADOPTED whereby our b,
al tender paper and silver and our
yer certificates shall be slowly m
shdrawn, and gold, gold certificates, pI