The Redwood gazette., 1900-09-19

adopted at sioux FallS -. IL, May ~, 1SUV,
the following declaration:
| I'VE pledge anew the Peoples party new
| er to cease the agitation until this financial
conspiracy is blotted from the statute book,
| the Lincoln greenback restored, the bonds
all paid and all corporation money forever
retired. We reafirm the demand for the re
opening Of the mints 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 created to
be substituted, dollar for dollar, for the
bank notes issued by private corporations
under special privilege, granted by law OF
March II, 1900, and prior national banking
! laws"
Declare Their Hostility.
The platform of the silver party adopted
at Kansas City, July 6, 1900, makes the fol
! lowing 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 Ameri-
/! can people before the Constitution was
| adopted, but is violative Of the principles of
| the Constitution itself; and we shall not
| cease our efforts until there has been estab-
| lished in its place monetary system based
| upon the free and unlimited coinage of silver
| and gold into money at the present legal
| ratio of 16 to by the Independent action of
| the United States, under which system all
paper money shall be issued by the govern
ment, and all such. money coined or issued
! shall be full legal tender in payment of
| all debts, public and private, without excep-
| tion."
! Combine Against Gold.
! In all three platforms these parties an
| nounce that their efforts shall be unceasing
| until the gold act shall be blotted from the
| statute books and the free and unlimited
! coinage of silver at 16 to 1, shall take it's
| place.
| The relative Importance of the issues do
! not stop to discuss. All of them are i'm
| portant. Whichever party is successful will
| be bound In conscience to carry into admin
| istration and legislation it's several dec!ara-
! tions and doctrines. One declaration will be
as obligatory as another, but all are not i'm
mediate.
| 1t is not possible that these parties would
| treat the doctrine of 16 to l. the immediate
| realization 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 i'm
| perative business Of those opposed to this
! financial heresy to prevent the triumph of
the parties whose union is only assured by
adherence to the silver ISSUE
Facin. Grave Peril.
! Will the American people, through indif-
| ference or fancied security, hazard the over
throw of the wise financial legislation of the
| last 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
1896?
| The Chicago platform of 1896 is reaffirmed
in its entirety by the Kansas City conven-
ton. Nothing has been omitted or recalled;
so that all the perils then threatened are
presented anew with the added force of a
deliberate reaffirmation. Four years ago
the people refused to place the seal of their
] approval upon these dangerous and revolu-
tionary policies, and this year they will not
fail to record again their earnest dissent.
Faithful to Pledges.
| The Republican party remains faithful to
its principle of a tariff which supplies suf-
icient revenues for the government and ade-
| quate protection to our enterprises and pro-
ducers, and Of reciprocity, which opens for
| eign 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
| md oo{%, n.
publican victory to be written into public
| law.
The present Congress has given to Alaska
| a territorial government for which it had
waited more than Il quarter Of a century;
has established Il representative government
| in Hawaii; has enacted bills for 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 $50, 900 for the benefit Of villages
and rural communities, bringing the oppor-
tunity for profitable business in banking
| within the reach Of moderate capital. Many
are already availng themselves of this priv
ilege.
Some Convincing Figures.
During the past year more than $4,000 ,0OO
of United States bonds have been paid from
| the surplus revenues of the treasury, and in
addition $25,000,O ,OOO Of per cents matured
called by the government, are in process OF
payment. Pacific Railroad bonds issued by
| the government in aid Of the roads in the
SUI, Of nearly s44,0OOO0O have been paid
since Dec. 81, 1897. The treasury balance is
in satisfactory condition, showing on Sept
$135, as, coo, in addition to the $15O OOO, ,OOC
gold reserve in the treasury. The govern.
ment relations with the Pacific railroads
have been substantially closed, $124, ,421 ,OOG
being received from these roads, the greater
part in cash and the remainder with ample
securities for payments deferred.
Instead of diminishing, as was predicted
four years ago, the volume Of our currency
is greater per capita than it has ever been
1t was $21.10 in 1896. It had increased to
$3.50 on July 1, 1900, and $26.S5 on Sept L
1900. Our total money on July /, 1896, was
81, ,5O6. 434, 966; on July !, 19O0.ait was 81,
062, 425, 400, and $2,O96, ,6s3 ,o42 ON Sept. l,
1900.
Prosperity In General.
Our Industrial and agricultural condition,