Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1900-09-20
a'KINLEY'S LETTER
PRESIDENT FORMALLY ACCEpr,
DENOMINATION. "
Discusses All DEMONSTRATES that if Az
other Issue Is Paramount That n
Free Coinage of Silver Is 1mmedi,s
Philippine Policy Outlined.

President McKinley's letter of accen
ance is probably the most important u.
official document issued in this country M
a quarter Of century. The Presilq
takes the country into his confidence AMI
throws a new light upon the history N
the past two years. irrespective Of Nj
caustic arraignment of the critics Of MI
administration and it's forceful clinchh
of the fact that Organism means III
| immediate" destruction of the g0A
standard and substitution therefor of fps
silver coinage at the ratio of IL to L
the letter is important in the histG
| sense because it gives the American pa
ple their first knowledge Of the staes
manship and conditions connected viii
recent epoch-making events.
AS campaign document the letter
regarded as phenomenally strong. Bl
it is more than a campaign document
is a contribution to history. The Pre
dent deals candidly with the AmeriG
people. He is not afraid to tell th9
what he has done or why he did it. u
deals in facts rather than in argumenI
The letter is nine newspaper colunE
In length. The money question,
trust problem, the tariff, the gold
serve, the Isthmian canal, and the mel
system are discussed in turn.
The question of Imperialism is the Id
issue discussed by the President. A
though placed as last in lmportans
among the issues now before the peopA
President Mckinley devotes more spa
to the subject than for all the othe
combined.
The policy Of the administration
Cuba. Porto Rico and the Philippines
defended at length.
On the charge Of imperialism" th
President declares that the opponents
the administration have failed to bri4
evidence to support their allegation.
other words, he asserts that the antel
pansionists have "failed to make case
The President begins his letter by
hearty Endorsement Of the Philadelphi
platform. He charges the Democrat
party with forcing upon the people
second battle upon the same lines tia
resulted four years ago in a triumphal
victory for the gold standard and SCUM
currency. In abiding to the issue whil
Is declared to be res adjudicata, th
President makes use Of the title of Nj
Bryan's book, and terms the last pres
Dental campaign as 'sthe first battle"
Silver Still an Issue.
On this question he says:
"While regretting the reopening of thi
question, which can only disturb tn
present satisfactory financial conditia
of the government and visit uncertaint
upon our great business enterprises, "
accept the issue and again invite tl
sound money forces to join in winnin
another and, we hope, a permanent tr
umph for an honest financial systeI
which will continue inviolable the publ
faith"
"As in 1896, the three silver partP
are united under the same leader VII
Immediately after the election Of thu
year, in an address to the bimetallist
said:
The friends of bimetallism have nj
been vanquished; they have simply bee
overcome. They believe that the sol
standard is a conspiracy of the none
changers against the welfare of the HI
man race-and they will continue ii
warfare against it,
President Mckinley declares that Il
reafirmation Of the silver plank in Il
Chicago platform by the Kansas Gil
convention makes the silver question II
dominant issue in the campaign.
says:
Nothing has been omitted or recale
SO that all the perils then threatened a
presented anew, with the added force
deliberate reaffirmation. -Four yea
ago the people refused to place the Sc
of their approval upon these dangerO
and revolutionary policies, and this ye
they will not fail to record again the
earnest dissent"
One short paragraph is devoted to Il
tariff question. in which the Preside
declares that the Republican party II
mains faithful to its principles of tar
which supplies sufficient revenues for Il
government and adequate protection
our enterprises and producers. The tim
honored principles Of protection and 1
clprocity were the first pledges of Repu
lican victory to be written into pub
law"
In taking up the currency question
President insinuates that Mr.. Bryan
false prophet in the following quotati
Instead of diminishing, as was p
dicted four years ago, the volume of
currency is greater per capita than it b
ever been. 1t was $21.1O in 1896.
had increased to $26.50 on July 1, 19
and was $26.S5 on Sept. /, 1900.
total money on July 1, 1896, was $3.50
434 ,966; on July /. 1900, it was S2,0G
$3.50, and $2,096,6S3,O42 on Sept,
1900"