Show WALL STREET BOMB THEY AT LAST SE SEE E VICTORY FOR FREE SILVER banker st john job comes coin forward with a I 1 genuine pree free coinage BUI and nd all the th I 1 other ottar 13 hanker win will happart it hl his i roar foar demands I 1 william P st john is president of ithe the mercantile bank of new york three years ago he began to study the financial question from an unselfish standpoint now he is crazy as the chicago tribune owned in england would say he has drawn up a platform form tor for tree free coinage which is as follows I 1 leaving the domestic affairs of the several states to those party organizations already occupied therewith and believing that the senate of the united states is quick to respond to the clearly expressed will of the people we confine our present attempt to the election of the president vice president and representatives in congress on the following demands first a that the mints of the united states shall be reopened to equally unrestricted coinage for gold and silver into the unlimited legal tender money I 1 of the united states the gold to issue in the present standard gold coins arid and the silver to issue in the present standard silver dollars b depositors of the gold or silver at the mint to receive in lieu of coin if they prefer at the coining value thereof coin certificates which shall be redeemed on demand in 1 gold or silver at the mint to receive in according to the convenience of the united states c and as a safeguard against panic and money stringency the secretary of the treasury shall be em powered to issue such coin certificates additionally against deposits of in terest bearing bonds of the united states the interest accruing on the bonds to inure to the united states pending their re exchange for the coin certificates which coin certificates when returned shall be cancelled provided that such additional issues of coin certificates shall not reduce the per of coin and bullion reserved for coin certificates and silver certificates below sixty per cent of the aggregate sum of coin certificates and silver certificates outstanding the now outstanding silver certificates gold certificates and treasury notes of 1890 to be retired i as they come into the treasury this a is free coinage at 16 to 1 the convenient coin certificate b to take I 1 i the place of gold certificates silver certificates and treasury notes of 1890 the safeguard c would provide for a temporary increase of of paper money against the silv silar a on hand j in n the treasury april 1st ast I 1 second the threatened competition with our southern cotton mills of those bof of china and japan the increasing importations of long stapled egyptian in 1 competition with our sea island cotton and the ill effects of the abro abrogation gation of the tariff on woolen manufactures combine to evidence the fact that the time has not arrived to abandon an adequate protective tariff system in vain pursuit of the phantom of free trade the effect of the wool schedule of the wilson bill has been to enrich the european manufacturer at the expense of our domestic manufacturer and enlarge the european market for foreign wools while lessening our home market for our domestic wools occasioning an advance of two cents a pound for port phillip australian wool in london while unwashed ohio wool has declined 11 cents a pound in boston and new york and producing such a depression of our home manufacturers as has caused a reduction in wages of operatives and threatens to throw this branch of domestic labor out of all employment we are therefore opposed to ope opening ning our home markets of seventy millions of consumers to the foreigner on any pretense of procuring thereby a foreign market for the productions of the united states but we shall exact of our manufacturers that they accord to labor a liberal and more continuously certain share of the protection accorded viem them and that the tariff devised shall afford also a protection to the farmer and the planter and provide sufficient revenues tor for the necessary expenditures of government this second demand meets the requirement qui rement of the great mass of american labor to whom mckinley threatens become the embodiment of the protective tariff while my reports from all sections including the new south are overwhelmingly in favor of protection comparatively few manufacturers favor the restoration of the mckinley tariff third we demand the application of the principle defined as the initiative and referendum to all national legislation which involves Involve sany any radical change in public policy A test of this principle thus restricted to any radical change in public policy seems warranted by the practice of switzerland the test may commend a broadening of the restriction if 11 found practicable should the great trunk lines of railway become a possession of the government would seem to be such a radical change in public policy as might wisely w sely be referred to the people fourth we condemn Cleveland ism utterly that debauching debau ching of legislators with patronage to achieve legislation opposed to the will of the people is a vicious prostitution of executive influence flu euce which we shall denounce as bitterly if it be me cue practice of an executive elected as a republican as when the practice of one elected as a democrat if all who have hare become distrust distrustful fW of at old parties and tired of boss rule win unite in these demands and no nominate on an this platform sow son sowe e mau man 1 I such achievements as commend lum to the conservative element of the country and who is not a seeker after the preferment he can be elected la irl the approaching pro aching campaign to the presidency of the united states I 1 a ft p S 6 it if the democratic platform demands the reopening of the mints to silver ILS as now seems likely all the powers of the democratic administrator will be used to compass the defeat of the democratic candidate the prosperity to accrue to te the people under the adoption 0 of f that policy would put in shameful contrast the current results of the administrations policy if the republican platform demands unequivocally tahe he reopening opening re of the mints to sliver silver the democratic platform will necessarily demand the same and the contest will be narrow narrowed ed thereby to a protective tariff against free trade WILLIAM P ST JOHN |