The Caucasian. (Clinton, N.C.) 188?-1913, 1895-08-29
A Deadly Arrangement
"oLObUGs TRY TO HIDE BEHIND rax
FINANCIAL PLANK OF The Plat.
FORM or lana

"oohUGs TRY TO HIDE BEHIND TIE
ANANCIAL PLANK OF The PLAT.
FORM OF 1893.
When Mr.. Cleveland and the Demo-
cratic Congress are charged with hay-
ing violated the silver pledge of the
DeHocratic platform Of 1892. they and
thelr sympathizers endeavor to excnI.
pate the traitors and criminals nv sav-
ing that the platform OF 1892 contain.
ed no promise Of the
FREE COINAGE OF SILVER.
This statement is false. understand
no" that the platform was intended as
a straddle," and was drawn for the
purpose of deceiving the people-con-
structed SO 1t could be construed for
goid monometalism in the North and
LOT COLO and silver in the South and
west. And knowing that the North
ern wing Of the Democratic party and
the Democratic administration have
construed that financial plank as
pledging the gold standard, Demo-
Gratis n convention, in State after
state in the teeth Of the silver senti-
ment OF the South and West, and the
PLAIN silver promise of the platform.
have confirmed and adopted the doub-
lie faced, Democratic twin monstros-
ity as interpreed by the National Dem
ocraticadministratiOn.
The goldbugs say the platform did
not promise the Free Coinage of Silver.
Senator John w. Daniel, the splendid
Statesman Of the Old Dominion, the
Prince of orators and The soul of hon
or said in his great speech in the Unit
ed states Senate, September 1893, that
THE Democratic platform said:
I'VE denounoe the Sherman law as a
cowardly makeshift." A madeshift is a
kind OF bogus substitute. Now, the Sber-
man law was q makeshift and a bogus sub
stitute, but for what? For the free coinage
OF silver. So, if you take the language In
its proper and accepted sense and inject into
it the meaning of the thing that it applied
10 1t means that you denounce the Repub-
lican party for making a "cowardly make
shift for the free coinage of silver and
for not giving us the genuine article. The
next sentence is significant:
We
The Democracy
hold to-
Hold to-" Mr.. President good word
that-''hold." Whatever other meaning
hold to- may have, 1 beg to suggest to the
learned grammarians that it does not mean
to- does not mean "let go, I'VE ought to
HOLD ON TO THE SILVER THAT
We have and look forward faithfully and
hopefully to that which We desire, for we
said
We hold to the use of both gold and sill
YER
Now, say you promised to hold on. lie,
us hold onto what
both gold and silver
In what character
as the standard money of the country.
Now, how are we going to sustain the
standard?
and to the coinage Of both gold and silver
For that is the way it reads. They would
coin both metals. They were not going to
float lot of paper on bullion uncoined
That is what the Republicans had wanted
both metals. They said: I'VE are going to
coin both N etals," and l say do it. How
are they going to coin tnem?
WITHOUT DISCRIMINATING AGAINST EITHER
METALS.
Without discriminating against either. The
Republicans have been discriminating
against one metal, but the Democrats would
not do it, and not only without discriminate
ing agaist either of the metals but the plat
form says:
or charge for mintage.
That is, they were going to have free
miDtage without charge. But
They said
the dollar unit of coinage of both metals
must be of equal intrinsic and exchanged
BILE valne.
did not like that language. because if a
dollar is of equal exchangeable value it is
all one wants, commerce is exchange and
value is ratio in exchange. and there is an
equal ratio between the dollar and exchange:
hut some gentlemen like to accumulate
words: they are fond of a little ambiguity;
and they put in the words intrinsic value"
1t was just there that the President of the
United States in his letter of acceptance
made matters clearer. He said that he was
in favor of equal intrinsic valAe or pur-
chasing power" There is the true theory
of the proposition. If the money has the
same purchasing power we do not care
about intrinsic value
Then, be it noted, the Democratic conven-
ton did not insist it should be positively
and absolutely of equal intrinsic value
but the platform added
Or
With emphasis on or
II was going to get gold and silver money
without discrimination and if it could not
get there by one road it was going to take
another. and it said:
Or be adjusted through international
agreement
Let it be remembered that an interna
tional convention had been called; it wa:
about to meet; and if it could be adjusted
| there, well and good. But it was not adjusted
there, and the Democrats at Chicago con
templated that it might not be adjusted
there. and they added another clause:
OK by such safeguards of legislation a
shall insure the maintenance of the part!
of the two metals, and the equal power o
every dollar, at all times, in the market
and in the payment of debts.
These are the words. If other nation
did not do it
| THIS NATION WOULD DO IT:
and as this is the nation that is RESPONSIBLE
| for its promise, now is the time to perform
| il. Ii can not be performed unless We re
store bimetallism with all the le9al-tende
| functions Of and tax-paying functions oil
all metal dollars, in debt payment and Il
exchange"
The party did promise silver. TIL
party has betrayed the people.
SENATOR VANCE.
Senator Vance, of North CarOlin.
than whom no man has ever merite
and held the love and confidence of tn
people to greater extent, construed tn
Democratic platform in the same wa
as did Senator Daniel, of Virginia. l
his letter of JULY 27th, 1898, addresse
to j. p. Caldwell. Esq, he used almo:
the same language as that of Senate
Daniel above set out. He said:
"The pledges of the platform al
Joint and not separable on the subjet
of silver money. You cannot selet
one promise, the repeal of the Sherma
Law for example, and propose to n
deem it alone
AND DENoUNCE THOSE
who insist on the fulfillment of a.
The Chicago platform demands r
peal of the Sherman Law, as cowar'
iy makeshift, an obstruction to the FRI
coinage of silver. The obvious meal
: ing of this is, if the law was out of II
way we could have free coinage. In;
is one of the things propose to put
place of the Sherman Law, and L pr
pose to
VOTE AGAINST REPEAL
unless that be done.