The Goodland republic. [volume] (Goodland, Kan.) 1891-1907, 1897-12-17
WATCH TTI
What VIII the Dominant Party i'm
Congress Do NOTf

I
Congress Do NOyvf
international bimetallism is dead.
The stroke of genius that iIumined the
St. Louis platform has performed lis
mission. The promises Of the standard
bearer have been redeemed a pretense
of good faith wraps 1t as winding
sheet. What next? Is the currency
question dead or settIed2 Is the gold
standard and falling values the ire
GeemabIe heritage Of the American peO-
PIE?
Are we nOw. to be treated to an ear
nest effort on the part Of the repub-
lican leaders and corporation democrats
TO rehabilitate the old United States
bank plan, represented by scores Of
national banks, issuing the only money
we are to have2 They and the United
States treasury holding all the primary
money and gold only recognized? They
possessing the power by contracting
the currency to ruin the business world
on 80 days notice with all the power
thus applied over our government and
over our people. 1t is too much power
for any man or set of men accountable
to themselves alone and not limited by
an electorate or the fear of states pris-
on.
There is no more danger on principle
in government issues properly regu-
lated than there is in bank issues; and
there is greater confidence at home and
abroad, regulation to the needs Of bust
ness is easier accomplished and the dan
gerous power Of banking corporations
exercising the governments franchise
of issuing fat money is avoided.
How is the republican party to ade-
quately increase the slack of primary
money?
It has been said that with all our
property and wage-earning capacity,
shrunken TO less than 20 cents on the
dollar as compared with values under
the silver initiation from 1873 to 1893,
we need less primary and less fat CT
representative money
Perhaps the so-caIled statesmen and
financiers who inaugurated the raid
upon prosperity and values in 1893 viii
be proud Of the past five years when
written in history. With its pictures Of
a people plunged from activity TO indO-
lence. their consuming capacity re-
duced almost One-half. want. suffering
and misery bestowed. that creditors
might thrive temporarily. Now the
gold standard landlord collects what
he can of a rent roll reduced to 70 cents
on the dollar. largely uncollectable at
that, the mortgage holder compelled to
load up with Improbable property
thinks out his benefits. The managers
Of the great insurance companies. saw
ings banks and trust companies. threat
ened with the loss Of good per cent. of
their income. view with alarm the APP
proach Of the shrinkage line 10 their
margin Of safety. and they are looking
into the question a little deeper. Keep
on thinking a little longer. all Of you
who are 50 certain that You are right;
the people can suffer a little longer.
The men who were on salary. now
out of a job. and the small merchants
crowded by the department stores are
thinking. too.
The presidents Of Overcapitalized rail
ways, seeking a share Of the diminished
business, are students also of this prob
lem.
Is there an end TO this life and suf-
fering? Oh. yes, when values get re-
adjusted TO a parity with labor. cost Of
gold; with a gOld-crazy multitude scat
tered from the equator 10 the pole
shall have increased the production of
sold 10 meet the diminished demand
Of falling values for other products Of
labor.
What viii the republican party do in
view Of the collapse of International
b;metallism so suddenly IN the hands Of
Senator Wolcott and his eOadjuors >
Daniel ". Allen. in Buffalo Times.