Kansas agitator. [volume] (Garnett, Kan.) 1890-1905, 1898-01-07
McKINLEY'S PALACES.

Owe have 900 million dollars OF currency,
which the government, by solemn enactlnent'
has undertaken to keep at par with gold
The government has done no such thing, and
we defy Mr.. KcKinley, or any other tool OF
Wall street, to point to single line or sentence
of law to Justify his statement. What con-
trast between the VIM. Mckinley lifted out OF
bankruptcy, and placed in the presidential
chair by the notorious boodeI, Marcus A. Han
ma. and the same VIM. Mckinley, who, as
member of congress, in addressing that bodyon
the 9TH day of May, 1890, said
"The most distressing experiences i'll the his
tory of our country-aye in all human history
have Teen when everything was the lowest, and
cheapest, MEASURED BY GOLD, for everything
was the highest and the dearest MEASURED BY
LABOR"
And vet. this man now insists that the value
of everything must be MEASURED BY GOLD.
He even claims that standard silver dollars are
redeemable in GOLD coin, thus increasing the
demand for, and purchasing power of, the gov
ernment's stamp, when placed upon the yellow
metal. He is the first and only president who
ever took any such position in public mes
sage, and, in doing SO, he stutihes his own
past record. The truth is, he is weak man.
He surrendered his honest convictions, to Sc
cure seat in the White House, and to-day he
is a mere jumping jack, ready to dance any
kind of financial jig that the power that
stands behind the curtain may indicate by pull
ing the strings.
The president says:
The evil of the present system is found in the
great cost to the government of maintaining
the parity of our different forms of money; that
is, keeping all of them at par with gold"
There never was, and never can be, lack of
parity between any unlimited legal tender mon
ey issued by our government, for the simple
reason that every dollar of such money is pac-
ed upon an EQUALITY by LAW. There is no adj
vantage given to one class over another. Every
dollar so issued is just as good as, and no bet
ter than, the government that made 1t. 1t Will
always be on parity with the wealth, stability
and integrity of the nation.
If President Mckinley desires to undertake
the very foolish, unnecessary and almost i'm
possible task of maintaining parity OF values
between gold and silver bullion at a ratio OF 10
TO T. or any other latio, for that matter his sur
est and easiest way to accomplish it is to create
all unlimited demany for silver, just as we do
now for gold, by providing for its free and I'M
limited coinage. Stop the present discrimina-
ton against silver dollars. Clothe them with
same full legal-tender quality that gold coin en-
lows by virtue of the LAW, and we will hear no
more twaddle about parity of the different
forms of money" But the following surpasses
all other declarations in its cowardly surrender
to the money power Here it is:
"Nobody is obliged to redeem in gold but the
government. The banks are not required to re-
deem in gold"
con the 2Sth day of January, 1878, this
same VIM. Mckinley, then member of Con-
oress, voted for what is known as the Mathews
resolution, which declared that, at the option
of the government, our outstanding bonds could
he lawfully and Justly paid in the same silver
dollars that he would now redeem in gold.
This resolution also declared that restoration
Of the coinage of such silver dollars would not
he in violation of the public faith, nor in dero-
cation of the rights of the public creditorJ
Rut that was when VIM. Mckinley was work.
mo for the people He is now working for the
banks.
Of course the banks are not required to re-
deem in gold Their special business is to
raraw interest from both the government and