The Utah County Democrat. [volume] (Provo City, Utah) 1898-1909, 1899-08-12
EXPANSION
of.
PLAIN TRUTHS"
l

.f,ctory TO no one"
Our limits Of space will not permit
n, 10 quote the laws In full, but we will
make citations from some Of the more
Important
The nati0nal banking law creates a
uhilcged class with authority to issue
mrrency which circu,ates as money
They are not content with thrirpreseni
mIyileges but are demanding more.
While a good many Of the people are
demanding that their powers aud PRIV.
ieges shall be clrcumscrlbed as strict.
" as possible under The law.
Again, the United States statute pro.
rides that upon demand (of The huld-
or Of any of the treasury uotes herein
provided lori the secretary of the treas.
uy shall. under such regulations az he
nav prescribe, redeem such notes In
lgld or i Yer cvin at his discretion. Il
sreibg the established pc icy OF the Uni.
yted States to maintain the iwu metals
Su a parity WI b each other, upon the
pr MT legal ratio, or such ratio a.
may bc provided bv law"
IN fact, almost the entire debt of the
unilel SAFES can he paid IA either
gold or 81 yer coin at the option oi the
Goyernmen'.
NJ. Cleveland inauguraied war upon
sIlvpr, aud Mr.. Mckinley aud his adj
ulnistraiion are worldly SUCCESSORS 10
It's prosecution.
To quote frnm the record, Mr.. Clrve-
land, supported by Dem cratic maj ,rity
n both houses Of Congress. passed the
| III owing law, And 1t II hereby
declared To be the p 'licy ut The U ii'ed
States TO continue the us, of bn'h gold
aud 81 yer as s,a ,d,,rd money, aud To
~in both gold aud silver into money
Of equ,l intrinsic and rxchangeable
value. such equality TO be secured
| through International agreement, or
by such safeguards Of legislation rs
will Insure the maintenance If the
parity In value Of the coins Ut the two
metals, and the equal power If every
| dullar NJ all times IN the markets aud
| in The payment Of debts"
These provisions were literally incor.
poraled into the platform upon which
hr. Mckinley was elected.
How these provisions have been car
rid OUT 10y the last two adminislra
t,uus.-one s0.callrd Democratic AMI
the other RrpubIiran-lel candid citi
Tens judge aud pronuunce.
This standard silver dollar still re
mains by law legal tender for al
debts, pubic aud private, yet some %
our eastern friends Call IL n iify-cen'
dollar.
The United States law provides tha
the gree nbaIks shalt be- u legal trnde
fer all debls, public and private excrp
the customs dues TN imports. rhi
dollar when presented 10 the govern
menl fur payment can he legally pai'
In this so-caled fifty cent dollar
although the greenb EEK 0f itself ha
no intrinsic value whatever aud WA
declared unconstitutional Ia 1869 D.
ihr Supreme Cour, of th, United Safe:
II three Justices dissenting. In 1870. IN
same court, live judges IT, tour, prt
bounced the same green hack c0nsJitI
tlonal, although the cpnsti utiOn ilsel
says, mo state shalt make anything
legal tender In payment III debt excel
the gold and silver cuiu of the UnlLe
States"
We would give other examples bu
these are this leading, 10 show the II
c0ngruity 0f oar monetary laws an
the ,nlraripty Of their adminislral i0I
The cUn,ractionists. popularity Gale
geld bugs. have administered the Law
ID so one.sided a manner as TO advan'
their policy very materially, and n'igl
think that by treating the money qn"
ton As settled, although The existlt
laws do mol satisfy them, they can T.
III hst"ic llttnoViNNS iii p""ci ~" W."
u issues war record, perhaps, lea
I Ing cut Il sight aud memory E'ga
the emtnlmed beef. aud the camps
rem zvuus Ia which The voluuLee
rOIt.d without fond or supplies.
Rcinslat.d in power, the admin
lrdtlon could pursue II gold p"l'
while waiting for. aud without waltz
for a corresponding revision OF Z
Mnnelary laws and the constitution.
We do mol thluk, however that Il
VIII he dune. II the v0ico of the pr
pie Is heard In the great cOnyenLiot
We helie%s It will cry. Away wi
subteriuges! Let us have an open TX
with the issue squarely j'ined."
X Ia like manner the bimelallist fore
might reason. The existing laws a
declared policy Of our nation, while
satisfactory TO us. are Yet for gold "a
silver equally. and II We can get {
souiinisl raw lon Of those laws We C
|X lmDrnra h., ,.n..lfti,..,a ,,.r,t ..,utnri Ia