New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-25
AY ONO DEMOCRAT on HIS PARTY.

THE OHIO PLATFORM DENOUNCED.
THE PRESIDENT OF THE HONEST-MoNEY LEAGUE or
CLEVELAND CRTICIsEs THE FINANCIAL PLANKs
OF THE ONO PLATFORM-DEMANDs HONEST
MONEY-A STRONG SPEECH.
lPRoM Az OCCASIONAL CORRESPONDENT THE TRrBUSE.l
CLEVELAND July 22.-A branch of the Honest
Money League has been organized here with
excellent Many prominent Democrats.
who are disguised with the stand taken by the
party in its conventions upon the money question,
have joined it, and one of them, Virgil L. Kline,
lawyer OF high rank and lifelong Democrat, has
been made president. Mr. Kline delivered adj
dress before the League last night, which was de-
signed to influence honest Democrats, and was very
plainspoken III criticising the Ohio Democratic
platform. The following some of his references
TO the financial panks:
Has there been year since 1863 when the business OF
this country has not trembed at the threat Of nna-
ton Has Con ress since the volume of paper money
became political issue, ever met without dread upon
the mart of the industrial interests of the country, lest
fanaclsm ignorance shoud, by unwisc financial leg
slaton disturb the measures Of value : Has Congress
ever adjourned during the last ten years without the
business OF the country experiencing sense Of re-
uefi How much greater would be the alarm and
easness the mercantile and commercial interests Of
the country If Congress under tho ONO Democratic
plan should have the power by contraction expansion
OF the currency alter all values and the obligations OF
nil contracts The Democratic party must ally itsei
to the business interests OF the countryby the advocacy
of sound financial doctrines. OF it have. and
ought never TO have the confidence the control Of the
country. No party expect by temporary make
shifts TO long enjoy public confidence. IL cannot the
midst OF the financial distress aud bewildement which
st surrounds u.s. aud which is likely TO still longer sur
round u.s. gain favor of thoughtful by any pre-
tended fear OF capital by meeting the demagogue half
way in the advocacy otusory schemes Of finance,
even though these schemes have sufficiently caught the
popular mind to promise the possession OF temporary
political power.
Imagine Congress assembled to fix the volume Of cur
rency debate begins when and where it will end no
one can divine The Carys and De Ia Matyrs want two
billion dollars Of the Ewngs and Yoorhecses
will want it " made and kept equal TO the wants OF
trade :" when trade lags stimulate 1t with more cur
rency II crops fa and times grow hard, issue lit
lie more currency to things up One faction viii
want this amount, and another that The trouble will
be- though Congress is always full OF Soons and Solo
mons that Congress attempting TO deal with prob
lem too difficult for IL to solve.
But suppose these gentlemen once fix is volume and
90 home perhaps by the next Congressional election
there nave scarcity and hard times in certain
tons Of country Then there will he at once an All
taton for "A change in the volume; parties will form
one side the other of the question: the business iu
tcrests OF the country will become tho football or poll
tfoi.t md gu
-, ,.,+ % IN g,tion md contraction CoporcsstonoI
nate tItit' VI iui''''i anu 0'7 -'''
elections every two years VIII DC ouS out on the q
ton whether have currency enough or not. The
,,,ra ,viII no heard on fine st1mn lond IN decara-
u'A"-V7 - - =, -, -, 90.
lions tudl hIu lHeS' in'''o Va "'''H i'"i"' 'nS'S'
are caused by scarcity of money The theme would he
tert le one FOR the heaTueys, and Communism would
thrive A doors.
r,i OF the uncertainty business would he
Of st,ud-sti-prIces changing daily, contract Obga-
- ,d .cr,.fics melting away uuder imitation or en-
iti o"cin i,ndnr routractIon
ne nsmocro tic ulatfnrm saws the volume should be
ia nv IegIsIgrlon or As If seeming anticipate the
li,at1yns surb a, make by organic law" That is
- ON amendment % The prOpos!tlou
~ amend me Constitution the United States that
an article in that document snail TX the amount OF
n1u,r money Tor the country absurd for discus
ZION A Constitutional Convention, the Legislatures
~ of the STATES WouI have sll greater
~ 10, Coucress tho ynluUo of ,ir
ull,"''I IAN ar fwentv wears another Amendment
nOu'u ~ mo a. Gon uropnsittor
ii"t =, C',ross Ia InGtsl,finu ar Ia ihr states nv
la Cor hutton, the impossible task
an t oiI,ne of Manor money for ihe country
W nA',7 80, In 0ntiuy snun.tbng Ia oi,,rra with
, about than sense or Wisdom i'm selecting
~, P''i bauLs "a that two thousaud sucb banks
Ihis countrv with their CONN ned capta are
y ,i'-arnns n1Wcr viii any body MONT out "A single
nv any num-
~ ~ E,tiongI hanks Tor any purIose They are
= icro I'm tlevr,nd nv both Democrats and Re
,i tbrnuyLnut ne crtUrv Generally in tne
nor nujte a. niten Deulocrats AS Renub
Jam 4, -, h.cntsi rho Greruh,ck dut fenIencirs of the
n'n,o"r"ts an p,nusvIynula. ONO Inuipna. and
-, ~. south have iustly given them cause
-, alarm Rut inc iact ia that the banks
arc I'm "A large degree owned by the people,