Corvallis gazette. [volume] (Corvallis, Benton County, Or.) 1900-1909, 1900-09-25

we find II the Populist national platform
adopted at Sioux Falls, S. D., May 10, 1900,
| the following declaration:
| I'VE pledge anew the Peoples party nev-
| 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 dema nd 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
| i, 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 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 w9s
adopted, but Is yiolatIve 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 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 unceasing
until the gold act shall be blotted from the
statute books and the free and unlimited
coinage of silver at 16 to /. shall take its
place.
The relative Importance of the issues do
not stop to discuss. All of them i'm
portant. Whichever party is successful will
be bound In conscience to carry into admin
istratlon and legislation its several declara-
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 /, the Immediate
realization of which is demanded by their
several platforms, voidzand imperative
in the event that they shouId 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.
Facing 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 reafIirmed
| In Its entirety by the Kansas City conven-
tion- 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
fall to record again their earnest dissent.
Faithful to Pledges.
The Republican party remains faithful to
| its principle of 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 tlme-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
T. hoa
| waited more than a quarter of a century;
has established a 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 1t provided for
the establishment of banks of issue with
capital Of So, 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
| iege.
Some Convincing Figures.
| During the past year more than $40 600. 900
| of United States bonds have been paid from
| the surplus revenues of the treasury, and in
addition S25, 600, 900 of 2 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
| sum of nearly s44,00O,oO0 have been paid
| since Dec. 81, 1897. The treasury balance Is
in satisfactory condition, showing on Sept.
s135 419, 900, In addition to the $50 000, 900
gold reserve In the treasury. The govern
ment relations with the Pacific railroads
| have been substantially closed, S124. .421, ,000
| 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 1t has ever been.
| 1t was $21.10 in 1896. 1t had increased to
| $3.50 on July l, 1900, and $2s.S5 on Sept. /,
1900. Our total money on July 1, 1896. was
| 81, SOC 434, ,966; on July 1, 1900, 1t was S2,-
o62, 425, 400 and s2,o96. .6ss, ,o42 on Sept. /,
| 1900.
Prosperity In General.
Our Industrial and agricultural conditions
are more promising than they have been for
many years; probably more so than they
have ever been. Prosperity abounds every
/ xvbora fhrou0 0houf ho repubIfc I roiofoa