The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1899-11-17
The Money Question viii be Up.


in depressing lowering prices everything be-
curtament of the volume OF cur
rency True Republican party did not win on gold
standard platform yet practically adopted that policy
and has stood by It, result that values have in
creased and prices risen In so far has
failed STILL Democratic party holds that had silver
riumphed prices would have been relatively
higher they However such conclusion is but
guess time with the single gold standard the
volume of circulation not been curtaled while
the circulation gold immensely increased until there
seems to be more gold money than other kind
Such being the monetary situation with the Democratic
party unquestonay weakening in its demand for free
silver 16 to l. it is expected congress will take the
currency question this winter attempt settle for
good and all or at least radical change in
conditions and convictions majority of the Republican
members nqueshonably favorable to outand-out
single gold standard big minority of the Democratic
members will contend the thing.
The Republican party being in the majority IN
both branches of the legislature must redeem its
pledges The made the tariff issue has been pract
cay made good only the satisfaction of the major
fty Of the party majority Of the people of the en-
tire country Next great issue of 1896 was
the money question shall the be?, gold,
greenbacls or silver or three gold basis? It is
claimed that we bimetalllc basis But is that
true? anything the endless chain arrangement
still stands course light of the present situation
of high prices all products of the farm mine and fac
tory the gold standard causing correspond
ing prices of commodities produced by the peo-
pe prostration of industry and impovershment OF
the people seems very silly but it sounded
very real then a great people The Republican
platform made this declaration and pledge:
THE Republican party is unreservedly for sound
money the enactment of the law providing for
the resumption of specie payments 1879 since then every
dollar has been good gold.
unaIterably opposed to every measure calcu-
lated currency impair the credit of our
country are therefore opposed to the free coinage
of silver except by with the lead
ing nations of the world which pledge our
selves TO promote until be obtained
the existing gold preserved. All our
paper money be maintained at parity with
gold all designed to maintain in
violably the obligations of the all
money whether paper the present standard the
standard enlightened nations of the earth
Republican the close of the last session
of congress appointed special formulate
BILL while Republican members of the senate finance
agreed during the summer to agree upon
measure The subject pretty thor
Uughy indianapolis monetary conventions had
widespread the voluntary monetary
commission selected by the first convention had formulated
a very thorough plan o currency and banking.
We were by Chicago platform that the gold
standard would prices of commodi
produced by people" Compare the market quota
lions today before people felt
gold would stick note the difference
in prices of products the farm, mine mill.
The house caucus committee after prolonged session
which in
bfy incorporated bill and introduced into the
house these provisions:
1 The declaration Of the gold dollar the standard
value which obligations Of the United States
shall be payable.
. Provision for the interchangeablity of
our money coined or issued by the government as to
maintain their parity
Greenbacks and treasury notes redeemed to be
paid out again only in exchange for gold.
The proposition changes the banking system is left
untouched. the
measure agreed upon certain general princ
pies will essentially from
of the house.
Whether this other bill different or more
far reaching provisions shall passed, hoped
prosperous interests Of the country may
be disturbed the currency ques
ton
There another large increase last month, in the
amount Of in circulation the United States
the circulation proportion population The total
circulating medium $OO00O00O greater
than it year and the circulation per capita is 70
about per larger last November
The country has in for every man,
and child in the an increase
less than the crime Of 1S73 The rate of
gain is less than - per money enough
and it increasing fast enough Is it too good? No wage
Garner VIII answer that question affirmative if he
understands meaning.
The Whole Hog or None
cannot be included in that e,sb Of Friendship,