Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1895-05-28
Ohio REPUBLICANS.
Opening Of the Big Fight on Nc Kin
ley-FOraker for the senate
John sherman On National
Finances.

GAINESVILLE, Ohio, May 28.-"he Repub.
lican state convention meets here to-day
and tomorrow. Ex-Secretary Charles
Foster arrived yesterday and Senator
Sherman this morning.
There are dozen candidates for gov.
ernor, the favorites being Gen. Asa S.
Bushnell, Judge Nash and James H. Hoyt.
The delegation from Cincinnati back
Bushnell for governor, the one from
Cleveland booming Hoyt. The Toledo
delegation have their cars decorated with
the inscription, "McKlnley for President;
Foraker for Senator, and Guy Major for
Governor"
Yesterday factional feeling was intensl-
fed among the advance guard here by
hearing that McKinley's name had been
torn from the banners on the special cars
at Toledo on the order of Guy Major.
The friends of Major here say
that Gov. McKinley's friends got up
delegation to contest the seats of the
Major delegation and that McKinley's
name was torn down because of that ac-
tion. They announce that they will be-
gin the fight at this convention against
Mckinley by opposing a resolution in
dorsing the governor for president and
starting movement to get antI-McKin-
ley delegates. 1t is evident that fac
tional feeling will be strongly developed
in the convention. The Foraker men are
concentrating on Gen. Bushnell for gov
ernor and the Mckinley men are on Judge
Nash. If there should be any formidable
opposition to indorsing Mckinley for
president there would then also be oppo-
sition to the indorsement of Foraker for
senator, and the old factional feeling in
the party in this state would break loose
in all its fury.
sHERMAN's aoLD-Bua SPEECH.
Senator John Sherman acted as tempo
rary chairman of the convention. He de-
nounced the tariff reform legislation of
the late congress, and said a large por-
tion of the Democratic party would next
year help elect a Republican president.
On finance he said: "We are in favor of
sound national currency redeemable in
coin. The enormous production of sill
YER in the United States, Mexico and
Australia lowered the market value of
silver precisely like over production has
lowered the price of other commodities.
1t is the universal law that price or value
is measured by quantity. Under these
conditions the rational and proper course
would be change of ratio, but this can
only be made effective as to these two
metals by concerted action between COM
mercial nations. hope and believe the
common interests of the commercial ma
tions of the world will lead them through
an international commission to either
adopt new ratio based on the market
value of the metals or to coin them and
maintain them as We do at the present
ratio.
"The policy now urged by the producers
of silver and by men who wish to pay
their debts in cheaper money than they
promised to pay is the free coinage OF
silver. 1t is degradation of our dollar
to so cents. If applied to our national
bonds it is reputation of half of all
debts. 1t confers no favors on producers
of any kind whatever, farm, workshop or
mine, for if they get nomlnally more dol
lars for their productions their additional
dollars would have only half the purchas-
ing power of gold dollars. The great
hardship of this policy would fall upon
tno WOEklukueuS shlllou anu un6KllleO,
whose daily wage, measured by the pres
ent standard, is higher than that Of any
country in the world. Their wages will
purchase more neoessaries of life than
the wages paid for similar labor any
where outside of the United States. The
Republican party, in its national plat
form Of 1892, demanded good money of
equal purchasing powers, whether coined
of silver or gold or composed of United
States notes and national bank notes,
based upon the credit of the United
States, maintained at par with coin. This
is the bimetalllc policy. There we stand
to-day. We will seek the cooperation of
all nations in maintaining a parity of
gold and silver coins. If they will CO.
operate with us in this policy the Repub-
lican party can, and Hope will, do it talone.
Good money and plenty of it is as i'm
portant to all our people as the equality
of rights and privileges"