OCR Text |
Show REPUBLICANS FOR GOLD ONLY. Tho dispatches report that tho Republicans Re-publicans by a strict party voto In committed have ordered a favorable report ot a straight gold standard bill, Tho proposed mearjuro In brief provides pro-vides that tho standard ot value In the Unlte.il States shall bo tho gold dollar; that all contracts. existing, and lu the future, shall ho computed in reference to the standurd; Mint thero shall be established es-tablished in the treasury n department of Issue and of redemption j Unit tha greenbacks shall bo retired, und, upon retirement, that tho gold u)11h shall bo substituted therefor, No silver dollars aro to be hereafter coined except from bullion now In tha treasury, tho secretary of tho treasury In his discretion1, to coin silver-Into subsidiary coin an'publlo urgency do-ejaiuls, do-ejaiuls, and tho repolnageuf old, worn, uudreutrent subsidiary eoln, without hpiClal npprnptlntinn therefore; uch colimgu of bullion to be concurrent with the retirement of treasury note, the same m if coined loin silver dollars, dol-lars, and the coinage of siu'ltHuhsidljiry coin to be limited to $50,000,030. All of this, of course, means that sliver purchases must stop, that gold Is tho only standard, and that here-after here-after cnmmercinl contracts will rend "payable in gold coin," Also that tho pour greenb-ick, to whom lu n largo mensuro the nation owes Its life, Is to bo legislated out of exlstenco and the nnti'innl bunks given control of tho llnnnces. Under tho proposed measure nntlonnl bunks urny ls.ue notes to tho full extent of their bond deposits and the comptroller of tho eurroncy given power to authorize branch banks any old place as he desires nnd Wall street dictates, Probnbly no inoro Iniquitous financial measure was ever Introduced lu nny country nnd that It received Iho unanimous support of the Republican committee members and tho united opposition of tho Democratic members eI,oarly shows the standing of tho two patties. "Sliver Dick" Bland of Missouri Mis-souri Introduced a free cnlnngo substitute substi-tute which was voted down by all the Republicans nnd supported by nil the Democrats. Whoro now are tho Republican Re-publican professions of Irleridshlp to hlmotallsm? For political pcrlidy nnd dishonesty, tho party of "protection and povorty" takes the biscuit. |