The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1900-09-11

So the issue is presented 1t will be
noted that the demand is for the imme-
date restoration of the free coinage of
silver at 16 to /. If another issue is
paramount, this is immediate. 1t will
admit of no delay and will suffer no
postponement.
Turning to the other associated par
ties we find in the Populist national
platform adopted at Sioux Falls, South
Dakota, May 10, 1900, the following de-
claration:f
I'VE pledge anew the Peoples rarty
never to cease the agitation until this
financial conspiracy is bloted from the
statute book, the Lincoln greenback re-
stored, the bonds all paid and all COR
poration money forever retired. We re-
affirm the demand for the reopenlng or
the minis of the United States for the
free and unlimited coinage of silver and
gold at the present legal ratio of 16 to
1. the immediate increase in the volume
of silver coins and certificates thus Gre
ated to be substituted, dollar for dollar,
for the bank notes issued by private cor
poration under special privilege, granted
by law of March IA, 1900, and prior ma
tional banking laws
The platform of the Silver party adopt
ed at Kansas City, July 6, 1900, makes the
following announcement:
1--WE declare it to be our intention to
lend our efforts to the repeal of this
currency law which not only repudiateS
the ancient and time honored principles
of the American people before the Con-
stitution was adopted, but is violative
of the principles of the Constitution It
SELF and we shall not cease our EFFORTS
until there has been established In lts
place a monetary system based upon the
free and unlimited coinage OF silver ana
gold into money at the present legal fa-
ito of 16 to by the independent action
of the United States, under which system
all paper money shall be issued by the
the Government and all such money COM
cd or issued shall be full legal tender
in payment of all debts, public and prl-
vate, without exception.
In all three platforms these parties
announce that their efforts shall be
blotted from the statute books and the
free and unlimited coinage of silver at
16 to shall take its place.
ALL THE ISSUES IMPORTANT.
The relative Importance of the issues
/ do not stop to discuss. All of them are
important Whichever party is success
full will be bound in conscience 10 car
ry into administration and legislation
its several declarations and doctrines.
One declaration will be as obligatory as
aonther, but all are not immediate. 1t
is not possible that these parties would
treat the doctrine of sixteen to one,
the immediate realization of which is de-
manded by their several platforms, as
void and imperative in the event that
they should be clothed with power, 9th
erwise their profession of faith is insin-
csre. 1t is therefore the imperative bus
mess of those opposed to this financial
heresy to prevent the triumph of the par
ties whose union is only assured by adj
herence to the silver issue. VIII the
American people, through Indifference OF
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 arous-
ed them in 1895?
The Chicago platform of 1896 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 deliber-
ate reaffirmation. Four years ago the
people refused to place the seal of their
approval upon these dangerous and rev
dictionary policies, and this year they
will not fail to record again their earn
est dissent.
STICKS TO ITS TARIFF POLICY.
The Republican party remains faithful
to it's principle of tariff which supplies
sufficient revenues for the Government
and adequate protection to our enter
prises and producers; and of reciprocity
which opens foreign markets to the
fruits of American labor, and furnishes
new channels through which to market
the surplus of American farms. The
time honored principles of protection and
reciprocity were the first pledges of Re-
publican victory to be written into public
law
The present Congress has given to
Alaska territorial government for
which it had waited more than a quar-
ter of a century; has established a rep
resentative government in Hawaii; has
enacted bills for the most liberal treat
ment CT the pensioners and their wild
ows: has revived the free homestead poll
icy. In it's great financial law it provid-
ed for the establishment of banks of
issue with a capital of $4,000 for the
benefit of villages and rural communities,
aud bringing the opportunity for profita-
BILE business in banking within the reach
of moderate capital. Many are already
avai1ing themselves of this privilege.
BOASTS OF HIS BOND ISSUES.
During the past year more than nine
teen millions of United States bonds
have been paid from the surplus reve
nues of the Treasury and in addition
twenty-five millions of two per cents
matured, called by the Government, are
in process of payment. Pacific railroad
bonds issued by the Government in aid
of the road in the sum of nearly forty
four million dollars have been paid since
December 81, 1897. The Treasury bal
ance is in satisfactory condition, showing
on September list. $135. $4,000, in addi-
ton to the $15O00O, 900 gold reserve held
in the Treasury.The Governments re-
lations with the Pacific Railroads have
been substantially closed, $124,421 900
being received from these roads, the
greater portion in cash and the remain
der with ample securities for payments
deferred.
Instead of diminishing, as was pre-
dicted four years ago the volume of our