The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-09-10

announce that their efforts shall h ~,
ceaslng until the gold act shall be
oIotted from the statute books and the
free and unlimited coinage OF silver a r
10 10 L shall take its place.
All Issues Important
"The relative importance Of the is
sues do not stop TO discuss All of
them are important Whichever marty
IS successful Will be bound in conscience
TO carry into administration and Iegis-
Iation its several declarations and doc
I1nes- one declaration will be as obi
Satory as another, but all are not i'm
med!ate- It is not possible that these
parueS would treat the doctrine of l6
TO l. the immediate realizat ton Of which
IS demanded by their several platforms
as void and imperative in the event
that they should be clothed with power
Otherwise their profession of faith is
Insincere. 1t is therefore the fmDera-
tive business OF those opposed TO this
financial heresy to prevent the triumph
OF the parties whose union is only as
st1red by adherence to the silver issue.
VIII the American people, through in
difference or fancied security, hazard
the overthrow of the wise financial
legislation Of the past year and revive
the danger Of the silver standard with
all of the inevitable evils of shattered
confidence and general disaster which
justly alarmed and aroused them In
1852
The Chicago platform Of 1895 is re-
affirmed in its entirety by the Kansas
CITY convention Nothing has been
omitted or recalled: SO that all the
Perils then threatened are presented
anew with the added force of a DELHI
crate reafirmatiOn. Four years ago
the people refused to place the seal
of their approval upon these dangers
and revolutionary policies and this year
they viii not fail to record again their
earnest dissent
Sticks to Protection
The Republican party remains
faithful to its principle Of tarff which
supplies sufficient revenue for the gov
eminent and adequate protection to our
enterprises and producers; and of rec
iprOcity, which opens foreign markets
to the fruits Of American labor ana
furnishes new channels through which
TO market the surplus OF American
farms The time honOTed principles Of
protection and reciprocity were the
first pledges Of Republican victory to
be written into public law.
The present congress has given to
Alaska a territorial government, for
which it had waited for more than a
quarter Of a century; has established
representative government in Ha-
wall; has enacted bills fer the most
liberal treatment Of the pensioners and
their widows; has revived the free
homestead policy. In its great financial
law it provided for the establishment
of banks of issue with a capital of
$4,000 for the benefit Of villages and
rural communities and bringing the
opportunity for profitable business IL
banking within the reach Of uOderats
capital Many are already awaiting
themselves of this privilege
Government Bonds Are Paid
During the past year more than
S19.00O0O0 Of United States bonds have
heae2r =
OF the treasury and in addition S25,O9s,-
600 of per cents matured, called by
the government, are in process Of pay
ment- Pacific railroad bonds issued by
the government in aid of the roads IN
the sum of nearly S44. O06y000 have been
paid since Dec 81. 1897. The treasury
balance is in satisfactory condition.
showing on Sept. I S125. 419. 600 in addi-
ton to the S15000o.e0e gold reserve
held in the treasury The govern
ment's relation with the Pacific rail-
roads has been substantially closed.
1924. 421, GOO being received from these
roads. the greater part in cash and
the remainder with ample securities for
payments deferred
Instead of diminishing. as was pre-
dicted four years ago. the volume of
our currency is greater per capita than
it has ever been It was $21-10 in 1856.
It has increased to $50. 90 on July 1, 1900,
and S26-S5 on Sept 1, 1900. Our total
money on July l. 1896. was SI-0Ob, $4,000,
on July 1, 1900. IL was S2,062. 425, 4S6, anC
s., 096, 6S3, 042 on Sept. 1, 1900
Claims Great Prosperity.
''Our Industrial and agricultural con-
ditions are more promising than they
have been for many years; probably
more so than they have ever been
Prosperity abOundS everywhere
throughout the republic. I rejoice that
the southern as well as the northern
states are enjoying a full share OF
these improved national conditions.
and that all are contributing largely
to our remarkable industrial develop
ment. The money lender receives low
er rewards for his capital than If II
were invested in active business. The
rates of interest are lower than they
have ever been in this country, while
those things which are produced on
the farm and IL the workshop and
the labor producing them have IN
creased in value
Our foreign trade shows salts