The times., 1898-09-23


ferson as follows:
Let the hands that do a nations work,
that produce a nations wealth, also
guide nations government, and all will
be weH''
This is the very essence of Democracy.
Opening the book the inside title page
discloses ex-Postmaster General John
Wanamaker's structure on Quayism, in
which he says:
Il have been a Republican since 1860
but my party stinks in the nostrils of de-
cent men, etc.
This statement comes with great force
and peculiar effect just now when the
country is teeming with the scandals of
the war and political corruption.
The first pages of the book are taken
up with the Chicago platform and the
fundamental principles of Democracy de-
fined similar 10 the '96 book. Then fol-
lows a Jeffersonian article on the centen-
airy Of Democracy, showing the history
OF the TWO early parties and the formation
Of the Democratic party. From the writ
ings of Thomas Jefferson it is shown that
the Democracy, at that time as well as
the present, favored bimetallism. opposed
yored the annexation of Cuba. urged the
necessity Of a navy to prevent insult, op-
posed foreign alliances, a nominal aris-
tocracy, and banks of issue.
The Financial Question.
Under the head of the money question
it is pointed out there is no division among
the people upon the subject of war. except
as it may affect our domestic finances.
The financial question must therefore re-
main the dominant issue Of the coming
campaign.
The money question is literally and
very ably dealt with from a Democratic
standpoint, in a number of articles in
which facts and figures are quoted and
given TO maintain the Democratic plea
for equal rights for silver as well as gold.
In an article entitled Quantity OF gold
inadequate TO justify a gold standard of
valuation" il is proven beyond question
the policy Of the Republican party as now
declared is to commit the country more
thoroughly to the gold standard by re-
tiring standard silver dollars, silver GER
tificates and treasury notes, suggesting
that we look TO the mines for a sufficient
yearly quantity of gold TO supply the
growing demands of trade. The present
ratio Of money to wealth in the United
States is less than ! to 35
The increase in production of gold is
not sufficient to meet the increased de-
mands Of trade and the loss by abrasion.
Silver md Wheat.
The article on silver and wheat points
out their relation and proves beyond
doubt that economic laws do not change;
conditions, however. do. That with con-
tinued demonetization of silver and gaunt
famine in foreign countries, wheat and
silver prices diverged for time But
when the mints of India were open TO
silver and India had wheat TO export, sill
yer and wheat kept close together as they
always have, Tables to substantiate this
are literally shown in wheat, cotton.
oats, corn and other cereals.
The quantity of money is given and it
is shown by statistics from the Treasury
Department that the present volume of
money is inadequate and that the fire.
Quent stringency in the money market is
because the per capita of currency in the
United States has steadily decreased and
IS insufficient TO meet the demands, giving
the money centeTs undue advantage over
the Isolated and agricultural sections of
the country.
Retirement of Treasury Notes.
One of the valuable articles is on cur
rency reform as promised by the Repub-
licaR party, which is shown up at length
and is an attack on the Republican plan
for the retirement of Treasury notes and
the expansion Of banking privileges,
not only taking the Government out of
the banking business, but putting the
banks into the Government business.
AS indicated by the Gage bill, which is
shown up as the climax of the Republican
financial policy, these cover the new
features on the financial question.
The decline of our merchant marine is
pointed out with considerable force. The
writers Of the article say the war just
closed has made a wreck of the Chinese
wall, and the restrictive barriers placed
in the pathway of American commerce
must give way TO a trade revolution
which will cause a transformation from
Republican to Democratic policies.
The record Of the Democrats in Con-
gress on the war revenue measure is pre-
pared with care. In its completeness it
proves that the Democracy were anxious
that the rich and poor should bear their
proportionate share of the burdens, while
the record brands the Republicans as be-
ing altogether solicitous for the capital
istic class, and utterly faithless to the in
terests Of the masses.
The DingIey Law n Failure.
The deficit is shown by the Treasury
statistics at the end of the fiscal year
to be Sl02. 2.7SS. 471S5 The statement also
shows the Dingley law receipts for fiscal
year Of 1898 as S25, ,97s 0s4 80 less than the
receipts under the Wilson law for the
previous year of 1897
The Democracy show their devotion TO
the principles Of reciprocity and quote
Thomas Jefferson as the author
Another interesting and important ar
ticie in the text book comprises a review
or history OF the Cuban question in Con-
gress, with indisputable proof that tbe
leaders Of the Republican party in CON
gress were more concerned about the ef-
feet Of their action on the value of Snan-
fish consols than that of suffering humani
ty in Cuba.
II is shown by the record that the pol
Icy OF recognition Of Cuban beIligerencv
favored by the Democrats and opposed by
the Republicans would, if adopted, have
avoided the evils and horrors of war
Unpatriotic Republicans.
The Republicans are charged with being
unpatriotio enough to attempt to create
partisan advantage out of our struggle
with a foreign foe, all of which is de-
plored. The glory belongs to the Ameri-
can soldier and sailor and the shame to
the Republican leaders who attempted
10 fatten on the necessities of the war
Labor and trusts are given considerable
space in the book, and organized labor is
shown 70 be favorable to the free coinage
or silver. The antitrust act, while
quoted as being passed to suppress trusts.
has only been enforced to suppress labor
unions
Pertinent TO our trade expansion prom
ised by the wider opportunities that have
been opened to US by reason of the results