New-York tribune., 1900-07-05

noorsoy protests. We will have no money system
Who Rod IT t. ' We stand for he aHd Silver
the C2nsututi9n; for paper currency founded
embodiment of our sovereignty We would not tax
sne people for the maintenance OF private money @
public debt We viii dig our metals from the hills
no tribute to Cesar for that which is our own We
Will sCourge the money Changers from the temple
OF our Treasury and recOnsecTate 1t to the ser
vice and welfare of the common people -.,. =
dead have given little heed 70 the lessons of
perience 1t never die until It shall receive the
tary circulaiion is the life blood Of our commercai
quantity depends our continued welfare. Nostrums
administered in time OF stress may postpone but
ough renovation Of vicious and destructive policy:
The party Will Ia accept nothing short of
upon which substantial and enduring prosperity
fortGne the needle q its compass points to that
as the magnetic star OF sound National policy.
gold has materially added to the general stock Of
OF contraction which succeeded the closure OF the
Indian mints to silver in 1894. The consequent i'm
may be traced directly to this fact, although the
failure Of crops in various portions Of the world
and the waging Of a great offensive war. with its
accompanying expenditure of treasure. have con.
the sum Of our metallic money has cheapened Its
value, stimulated prices and set the wheels OF
stration of the bimetalIlst contention ever
lat0n OF the Two metals been unlnterrupIeu, sney
would have kept the quantity of our money OF re-
and our development space with the increase OF
wealth and population. The terrible crises OF the
last quarter Of century, with their attendant mis-
cries and bankruptcy, would have been avoided,
and prosperity would have remained with us UNI
broken and enduring.
The false plea Of 1896 that the monetary volume
sufficient and the world supply of gold ample
for its needs Is transparent. Its error IL ad-
mitted in the boast of opponents that they
have increased our per capita circulation. The
vast quantities yielded by the mines rudey ab-
sorbed by the ceaseless demand for its use and Its
multiplied increase is earnestly hoped for. No voice
IS raised against its continued production No fear
abundance; yet its annual output exceeds that Of
gold and silver in the years when the latter was
repudated because of its threatened inundation.
Our opponents stand COnfounded by the Irresistible
operation Of a law they have denied. Industry
hreathes with more content because there is more
presence of It's operation unite with Democracy
in proclaming the great truth that Civiliza ton
gains and humanity advances with every addition
to the worlds stock of gold and silver; that each
the handmade of the other and both are essential
to the constant and harmonious progress and de-
velopment of the world.
If the enormous gold yield of the last five years
were indefniteIy nrolOnged and the arcs OF the
gold standard not extended. the needs OF
bimetallIsTn would be relatively nConsequent. But
the production OF gold and silver oscilates, one
the other always preponderating. The pendulum
will again swing the other extreme. BlmetalliSm-
knowing this knows also that the crisis returns
for continued prosperity. Looking backward
the past and forward to the coming years, We
ask this great Nation to provide against recurrence
of disaster by adherlng to the system OF finance
which the fathers Crystallized in the Constitution
and base its future policy on more secure founda-