The Washington weekly post., 1900-09-18
Be.ter Get onto the Platform

The St Louis 0lobe~Democrat IS reJoic-
ing that another gain has been scored in
the currency. II says that the per capita
circulation amounts 70 t26s5, according 70
the Treasury figures, and as this eomputa-
ton Is on 8 basis Of IS 6oo,0oo OF people the
per-capita Is really higher than has been
estimated. for the population. from the
figures which have been given OF the
cities, vii hardly go above the 75.Oo0,CJ0
mark al the outside This VIII put the
per capita above the 81 line. ''In any
case" the Globe-Democrdt concludes. ''ths
circulation at the present time is larger
than il ever was before in the history OF
the country. Moreover, every dollar Is
worth lc) cents IN any part Of the world.
There are no forty-fve-cent dollars in the
country. and VIII be none so long as the
Republicans remain in power"
All that Is true, or near enough TO actual
truth for all practical purposes. The
financial situation Of the country IS IN
ccmparably stronger than It ever was be-
fore, not only In the fact OF our vastly
increased supply OF gold. but equally in
the marvellous change IA our trade rela-
tons with other nations. Our statistics OF
n oney and business constitute q record to
Hhich the Republican party. in its ma
tional platform. points with justifiable
pride. II is a record that utterly refutes
all the arguments advanced in 1895 for free
coinage. II attests the existence Of un-
exampled prosperity, and no sagacious OPP
ponent of the dominant party should be
tempted into the folly OF attacking it.
The Post heartily concurs in the asser-
tlon OF the Globe-Democrat that there
viii be no forty-fve-cent dollars in this
country as long as the Republicans re-
main In power" The Post goes further
than that and asserts its firm conviction
that. whatever party may carry the pend.
ing election, there win be no forty-fye-cent
dollars, nor any dollar worth less than 10,
cents In gold. And although The Post is
not an organ. IL stands squarely on the
Republican platform in contending that
the danger OF free coinage is a thing OF
the past, despite Mr.. Bryan's devotion to
that condemned policy. That platform
says;
I've renew our allegiance to the p1in
ciple Of the gold standard and declare oEl
confidence In the wisdom OF the legisla
ton Of the Fifty-sixth Congress, by which
the parity OF all our money and the sta.
bility Of our currency on gold basis hav:
been secured"
Is It good politics for Republican organ.
TO discredit the pr6udest boast in thell
platform? What was the object Of all tn,
long and arduous labors that eliminated
in the passage OF the currency act? NJ
friend OF the gold standard imagined tha
a statute could save 1t from destructiv,
assault by legislation. Nothing is better
understood than that our currency in al
its details is always under the control O.
the legislative department. BIT prior L
the passage Of that act the standard wa.
also at the disposal Of the executive de
partment. And that act was desired, de
signed, and put through Congress for NJ
other purpose than TO prevent executiv,
meddling with the standard.
Are we TO be assured now that, in spit
Of the clinching Of the victory for sount
money by the Fifty-sixth Congress, a fre
coinage President could knock out gol,
and ring I'm chaos? VIII such confession
OF deception and fraud add strength Z,
the Republicans, even though the deception
and fraud are mere pretense? We do no
believe II. The organs had better get ont,
their platform, had better be singing
grand chorus OF prosperity and pointing
10 the act by which "the stability of Gu
currency on a gold basis has been sc
cured'-secured against any and all as
saults that are not backed by full legisla
tive power.
The Post is sure II Is not good polite
10 90 back on a good record and dishono
the best sentence In the Philadelphia plat
form. To convict ones self of fraud 1
not an approved way OF inspiring con
tdenee.