The Stark County Democrat. [volume] (Canton, Ohio) 1833-1912, 1899-09-01
A BRILLIANT JURIST
SOUNDS THE CALL.
The Issues Carefully and Concisely Set Forth
In an Address That Stirred the Hearts
of His Democratic Hearers

silver, at the ratio of sixteen to one,
| without waiting for the consent or as
sistance of any other nation on earth.
We believe that the demonetization of
silver in this country, was accomplish
ed by fraud and crime; that the action
was taken without any demand from
or consent of the people of the United
States, and we decline to believe that
blessings have flowed or will flow from
legislation so procured or so enacted.
We still distrust the new found solicit
tude of England to promote our material
welfare, and we deny the right to
British parliament to participate in the
government of this Union, in monetary
or other matters.
We affirm that to coin money is one
of the ordinary and necessary preroga-
tives of sovereignty, and that in 1889
this power passed to the National gov
ernment, by formal grant from sover-
eign states and a sovereign people.
If, for any reason, the coinage of silver
is necessary to our financial safety, or
desirable as means to promote our
material progress, then the power re-
sides in our government alone and un-
aided, to provide for such coinage by
statute; and we insist that it is unwise,
as unpatriotic, as infamous to proclaim
our inability to legislate upon the money
question, as it would be to go into
partnership with the monarchies of
Europe to preserve our domestic peace,
to provide for the collection of our reve-
nue., to inforce an order of injunction
or to exercise any other government
al power whatever.
The Republican party is as emphatic
as we, in the declaration that there is
not enough gold in the world to
adequately and properly perform the
function of standard money. Pursu-
ant to that Republican belief, the
party pledges itself to procure, if pos
sible, by international agreement, the
coinage of silver, and a Republican
president sent commission abroad to
solicit the consent of the Rothschilds
that our congress might enact a law.
Was Mr.. Mckinley trlfling with the
people and squandering their money
sending this commission to Europe, or
is not this solemn admission that our
interest would be promoted by securing
the coinage ofSilver as standard money?
Was any one astonished when the
money merchants of Europe determin-
ed that their interests would be best
subserved by denying the petition of
the money-using, money-needing
people Of the United States, and does
any one expect that they will change
their determination upon the question?
If the Republicans are thus willing to
admit the insufficiency of the gold sup
ply here, our departed brethren are none
the less on record. No gold Democrat
would be disloyal enough to question
the conduct Of Mr.. Cleveland on the
money question and yet in 1894, when
he entered into contract with New
York representatives of London bank
ers to supply gold to the United States
treasury, he stipulated that one half of
the quantity should be procured from
abroad, and the quantity of gold in the
country today does not greatly exceed
the quantity Of gold in the country in
1894.
In this situation the leaders of the
Republican party are committed to a
bank currency. Not being able to go
into partnership with Europe on the sill
yer question, and recognizing their ina
bility to cope with the question them
selves, Republicans have resolved to ap-
point receiver for the money question,
and their selection for receiver is, not
inappropriately, to be the banks of the
country. All honest men, however, may
be amazed at the effrontery of party
which one moment contends that the
government is unable to sustain an
American financial policy and the next
asserts that the American
banks can be relied upon to formulate
and carry out safe and proper finan-
cial policy. And we are at a loss to
why, If the banks can be
charged with this exercise of govern
mental power, they did not, in some
demonstrate their fitness for
the trust in the money famine of 1894,
when their vaults were filled to burst
ing with the accumulated wealth of
the country when they were thus the
supreme masters of the situation and
yet withheld all assistance from the
people in peril.
We are advised that copious
streams of new found gold are flowing
into all the mints. In the light of re-
cent press dispatches, it seems that
Ohio has developed into a gold pro-
ducing state Of the first magnitude,
and this even when the legislature is
not In session and when Mr.. Hanna is
not candidate. Klondike, it is said,
has killed the silver question. AS the
and impoverished fortune
seekers return from the Alaskan fields
and bear their testimony, one may we'll
entertain doubt os to the killing pro-
pensities of the Klondike gold produc-
tion, and the recent financial failure of
Mcdonald, who controlled more in
terests than any other person at Daw-
son City, Is circumstance tending
strongly to show that ii isn't gold so
much as the press dispatch, that gilt
ters. If, however, there has been an in
crease In the worlds supply of gold,
and IL that increase has in any measure
llo way W anu IL an
increase in our money supply has con-
tributed to our prosperity, as our adver-
saries state, 1t follows that we were
right in '96, when we contended that
the money supply, If increased, would
result in prosperous times. If it be
added that the scale of general prices
excluding only the commodities the
manufacture or sale of which is control
led by trust--that the scale of general
prices of all other articles is still on the
decline, and If it be further considered
that India has been forced by the money
power of England, to go to the gold
standard, and the bank of England has
been for some time and is now making
frantic efforts to supply from other
sources, gold reserve for its vassal,
thus reducing this country's distribu-
tive share, 1t must follow that we are
right now in our contention for recogni-
ton of the white metal.
We are pointed to a business revival
in the United States and 1t is argued
that this makes most strongly against
our position. That there has been a
revival, none will deny, and that the re-
vival is not confined to this country,
our adversaries will certainly not con-
tend. The present Canadian Premier,
L.. .Nwak a.