The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-09-28
PRESIDENT N'K|NLEY'S letter ACCEPT TING THE

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Turning to the other associated parties
we find n the Populist national platform
adopted at Sioux Falls, S. D., May 10, 1900
the following declarations:
I'VE pledge anew the Peoples party new
er to cease the agitation until this hnancia
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 minis Of the United States
for the free and unlimited coinage Of silver
and gold at the present legal ratio Of 16 L
l, the immediate increase in the volume Of
silver coins and certificates thus created t
be substituted, dollar for dollar, for the
bank notes issued by private corporations
under special privilege granted by law Of
March IA, 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:
I'VE declare 1t 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-
llshed In its place a monetary system based
upon. the free and unlimited coinage of silver
and gold into money at the present legal
ratio of 16 to 1 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 a 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 unceaslng
until the gold act shall be blotted from the
statute books and the free and unlimited
coinage Of silver at 16 to l, shall take its
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
istratlon and legislation its several declara-
lions 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
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.
Facing Grave Peril.
VIII 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 reafirmed
in its entirety by the Kansas City cOnven-
ton. Nothing has been omitted or recalled
so that all the perifs then threatened are
presented anew with the added force of
deliberate reaffirmation. Four years ago
the people refused to place the seal of their
approval upon these dangerous and revoiu-
-ionary policies. and this year they will not
TALL to record again their earnest dissent.
Faithful to Pledges.
The Republican party remains faithful to
is principle Of a tariff which supplies suf-
icient revenues for the government and ade-
luate protection to our enterprises and pro-
ulcers. and Of reciprocity, which opens for
sign markets to the fruits of American labor
Ind furnishes new channels through which
o market the surplus of American farms.
The time-honored principles OF protection
Ind reciprocity were the first pledges Of Re-
publican victory to be written into public
aw.
The present Congress has given to Alaska
/ territorial government for which 1t had
waited more than a quarter OF a century;
las established representative government |
n Hawaii; has enacted bills for the most |
LIBERAL treatment of the pensioners and their
Widows; has revived the free homestead |
,olIcy.
In its great financial law 1t provided for |
he establishment of banks of issue with |
.apita of S25, 900 for the benefit Of villages |
md rural communities, bringing the oppor-
unity for profitable business in banking |
Within the reach Of moderate capital. Many |
re already availing themselves of this priv
lege.
Some Convincing Figures.
During the past year more than $4,000 900 |
4 United States bonds have been paid from
he surplus revenues Of the treasury, and in
edition S25, 000,0 900 of per cents matured,
allied by the government, are in process Of
ayment. Pacific Railroad bonds issued by
he government In aid Of the roads In the
UNI of nearly s44,0O0,OOO have been paid
Ince Dec. 81, 1897. The treasury balance is
q satisfactory condition, showing on Sept.
s135, 419, 900, In addition to the $3.50, OO0, 900
old reserve in the treasury. The govern
lent relations with the Pacific railroads
ave been substantially closed, s124. 421. 900
cling received from these roads, the greater
art In cash and the remainder with ample
ecurities for payments deferred.
Instead of diminishing. as was predicted
BUR years ago, the volume Of our currency
greater per capita than 1t has ever been.
/ was $21.10 In 1896. 1t had increased to
26-50 on July 1, 1900, and S26.S5 on Sept. 1,
300. Our total money ON July 1, 1896, was
|, 506 434, 966; on July 1, 1900. 1t was ST.
%, 425. 400, and s2,O96, 6s9,O42 on Sept. 1,
300.