The American King

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American Publishing Company, 1898 - 280 pages

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Page 232 - We are unalterably opposed to every measure calculated to debase our currency or impair the credit of our country. We are, therefore, opposed to the free coinage of silver except by international agreement with the leading commercial nations of the world, which we pledge ourselves to promote, and until such agreement can be obtained the existing gold standard must be preserved.
Page 253 - We demand the free and unlimited coinage of both silver and gold at the present legal ratio of 16 to 1, without waiting for the aid or consent of any other nation.
Page 58 - Senators. 9. We demand such rules for the government of Congress as shall place all representatives of the people upon an equal footing, and take away from committees a veto power greater than that of the President. 10. The question as to the amount of duties to be levied upon various articles of import has been agitated and quarreled over and has divided communities for nearly a hundred years.
Page 253 - Constitution names silver and gold together as the money metals of the United States, and that the first coinage law passed by Congress under the Constitution made the silver dollar the unit, and admitted gold to free coinage at a ratio based upon the silver dollar unit.
Page 253 - We declare that the act of 1873, demonetizing silver without the knowledge or approval of the American people, has resulted in the appreciation of gold and a corresponding fall in the prices of commodities produced by the people, a heavy increase in the burden of taxation and of all debts, public and private, the enrichment of the money-lending class at home and abroad, prostration of industry, and impoverishment of the people.
Page 98 - ... yet in nature and reason must always be understood and implied in the very act of associating together: namely, that the whole should protect all its parts, and that every part should pay obedience to the will of the whole ; or, in other words, that the community should guard the rights of each individual member, and that, in return for this protection, each individual should submit to the laws of the community ; without which submission of all, it was impossible that protection could be certainly...
Page 86 - It is a great mistake to suppose that the adoption of the gold valuation by other States besides England will be beneficial. It will only lead to the destruction of the monetary equilibrium hitherto existing, and cause a fall in the value of silver, from which England's trade and the Indian silver valuation will suffer more than all other interests, grievous as the general decline of prosperity all over the world will be.
Page 33 - In the prison cell I sit, Thinking, Mother dear, of you, And our bright and happy home so far away; And the tears they fill my eyes Spite of all that I can do, Though I try to cheer my comrades and be gay.
Page 253 - We are unalterably opposed to monometallism, which has locked fast the prosperity of an industrial people in the paralysis of hard times. Gold monometallism is a British policy, and its adoption has brought other nations into- financial servitude to London. It is not only un-American but anti-American, and it can be fastened on the United States only by the stifling of that indomitable spirit and love of liberty which proclaimed our political independence in 1776 and won it in the War of the Revolution.
Page 86 - The strong doctrinism existing in England as regards the gold valuation is so blind that when the time of depression sets in there will be this special feature : The economical authorities of the country will refuse to listen to the cause here foreshadowed; every possible attempt will be made to prove that the decline of commerce is due to all sorts of causes and irreconcilable matters. The workman and his strikes will be the first convenient target ; then speculation and over-trading will have their...

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