The Saint Paul globe., 1900-06-12
Mr.. D()NNHLY ACCEPTS It
ACKNOWLEDGES NOTIFICATION OF
NOMINATION FOR VICE PRES
IDENCY
MONEY ISSUE IS PROMINENT
Discusses the Mission of the Middle
OF the Roaders as He Sees 1t
Makes Plea for PerpetuatiOn
of Popular Sovereignty.

Hastings, Mimi, June H. 19O0-Hon. NJ
"; Howard, j. M Maliett and w. s.
Morgan. Committee Peoples Party-Gen-
tlemen: have received your valued
! letter of the 18th, ult., formally notify
| ing me of my nomination, on the 10TH
/ ult., as the candidate of the Peoples
I of the. United States.
Il acknowledge the great honor dane
me IN that nomination. and, if elected,
the position to the satisfaction of the
whole country.
Il fndorse every word of the platform
adopted by the convention Anxious to
| be brief, they did not perhaps cover
every question upon which they were
agreed
Money is a necessity of civilization.
Without it the productions of the people
cannot be exchanged. WITHOUT it all
trades and commerce must end If it is
furnished in insufficient quantities, its
purchasing power increases and the
prices of labor and ali commodities pro-
duced by labor. correspondingly fall The
rlch, therefore, become richer, and the
poor poorer; To supply the people with
money IS the supreme function of gov
efnment; for the only end of government
is the prosperity and happiness OF the
governed Hence the constitution de-
clares that congress shall coin money
and regulate the value thereof And
IN the same section 1t provides that
congress shall declare war, raise and
support armies, and provide and main
tain navy. Congress has no more
right to authorize private banking cor
porauons to coin money and issue it
to the citizens than it would have to
authorize similar private corporations to
declare war, raise and support armies
and provide and maintain navy And
when the issue of the money of the
nation is left in the hands of private
corporations, whose interest it is to make
It scarce, and therefore dear, not dol
lar OF 1t can come to the people across
their counters until some one borroWs
II and pays interest on il. The country
is then in a horrible condition 1t is as
II we We're charged for the air we
breathe. IL is as If our army, controlled
by private corporations, refused to re-
slst the invaders of our country until
every citizen came forward and paid
them private bonus for defending his
Originally all business was barter;
and gold and silver, valuable because
the pagan priesthood adorned Herewith
the temples OF the sun and moon, be-
came standard commodities; and being
compact and portable, were finally used
IN making exchanges, and called mon
times "ii
Lately, however criminal conspiracy
was organized among the capitalists of
the old and new worlds TO deny the
moon metal silver, added to the mints
They have thus reduced the metalic-bar-
ter basis OF all business over all the earth
one-haf.
Political necessity has forced them in
this country, to issue paper bank notes
to supply this silver vacuum; but these
are only to reach the people by being bor-
roWed and paid for-With more interest
and more eventual bankruptcy And so
they have set the pyramid of currency
upon its apex the gold supply Of the
World-a cube about twenty-seven feet
square, which all nations are struggling
10 secure; and now the inverted pyram d
is tottering to its fail, and the bankers
viii scarcely be able to prop it UP until
after the next election And when il
falls, mankind will be overwhelmed with
calamities for which history anoIds no
parallel.
While we regard the redemption of
the money of our country in gold and s.I-
yer as relic of barbarism and a survival
or pagan superstition. nevertheless, we
demand that if either metal is so used,
both shall be 50 used. IL there is to be
metallic basis for our currency, ii must
be as broad as possible. There is no
more reason fer making money of metals
than there is for engraving our national
bonds on plates Of gold, or printing our
postage stamps on tags of silver.
w hen silver was demonetized it fell
one-half in value; gold similarly treated
would shrink in the same way. There is
little Intrinsic. usefulness in either. Civ
ilization could endure without both of
them; it could scarcely live without iron
or copper.
''In our Civil war government papsr
money. without bankers. saved the ma
ton; and its life can be maintained in
time of peace by the greenbacks.
1T is a crime to compel $1,000 900 of free
people to depend for the tirst essential
of human society upon few thousand
bankers. who make the people pay heav-
lily for doing Tor them what the people
are abundantly able to do for themselves.
The bankers note is redeema BILE in green
backs. Why not, then destroy the bank
notes and issue the superior paper-the
gTeenbacks?
The world is today trying to solve the
problem, shall wealth or manhood rule
humanity? A great republic, based on
the theory of equal rights to all and
special privileges to none, and which,
and aristocracT needs noIitinaI nart2 Iiy
that is devoted to liberty and nothing
else.
of what avail