St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1892-06-12

| profession; j. EDWARD SIMMONS. at
one time president of the stock ex-
change; HENRY IL. BEEKMAN. formerly
corporation counsel of New York city;
CHARLES j. CANDA, ia charge of the
United States subtreasury on Wall
street under the CLEVELAND admins
tratiOn, and Others of their training. 1t
was cordially Endorsed by the Journal
of Commerce. the Evening Post, the FL
nancial Chronicle, and all the friends of
honest money in the East. The Pho
neer Press was not pleased, however,
by this array. 1t detected its abSurdi-
ties with its eagle eye, and knocked it
into cooked hat by a beautiful thrust
of its fatal weapon. 1t received it
with laughter" and that ended the mat
ter.
On the last day of March the Mime
sofa Democracy met in st. Paul, elected
delegates to Chicago. and adopted a
platform. This last included fearless
exposition of its views on the silver
question in the following language:
We hold, in accordance with the tradition
al policy of our party, TO the use of both
gold and silver, and that the sole coinage
function of the government is TO examine
the relative values of the metals of coinage
as established by the commercial world, and,
if there has been sufficient huctuation in
the value of either to make the existing
rahos unequal. then to rcadjust the ratios so
that the number of grains of either metal in
the unit OF coinage. the dollar, shall be
equivalent i'll value. and then to permit the
free, unrestricted coinage of both metals.
We join the Democracy of New York in
demanding the repeal of the SHERMAN silver
coinage act. We condemn that act as an at
tempt to distract the friends of honest BIZ
metallism; and denOunce it, as calculated to
debase our currency, contract the circulating
medium and wreck the confidence and safety
of the business world.
The plrty was very proud of this
until the Pioneer Press got hold of it.
But its joy was short-liYed. The Re-
publican organ pointed out its fallacies
with relentless precision. This was
very depressing. But something worse
succeeded. It received it with laugh
ter" Before this the Democracy's
glory shriveled like prairie weed
under the July sun.
On Thursday evening last, after the
BLAINE and HARRISON factions had got
through pummeling each other, the Re-
publican national convention at Mime
apOliS launched this article of faith on
the public:
The American people from tradition and
interest favor bimetallism, and the Repub-
lican party demands the use of both gold and
silver as standard money, with such restric.
tons and under such provisions to be deter
mined by legislation, as will secure the main
tenance of the parity of values of the two
metals, so that the purchasing and debt-pay-
ing power of the dollar, whether of silver,
gold or paper. shall be at all times equal.
The interests of the producers of the coun
try, its farmers and its workingmen, demand
that every dollar, paper or coin, issued by
the government Shall be as good any other
Is not here pretty hOWde-dO? BIZ
metallism, gold and silver as standard
money, the maintenance of the parity
of values of the two metals by legisla-
ton, every dollar as good as any otherl
won't the Pioneer Press have a good
time?" everybody said as he noticed
these expressions. What grand oppor-
tunity for ''Iaughterl" What noble
ALTERATION is possible in the combina-
ton laughter" for legislation. OF
course, the Pioneer Press will receive
this plank with laughter" But il didn't.
Republicans are not laughing in these
days. HARRISON and REID make up
ticket which has made them very
serious.