The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1895-05-29

q declared Its purpose to pay every debt
or Obligation sontrseted during or since nc the
blemished. This promise has been per-
formed, In spite Of all temptation and the
every obligation contracted during the war
and especially the highest and most sacred
their widows and orphans. The pension roll
Is a roll OF honor. higher In amount than
any pen55on roll ever PROVIDED by any other
power IL will only be diminished by the
death of pensioners. a fate that awaits
THE TARIFF QUESTION.
are in favor of a protective tariff. We
had such a tariff. While IL was in force we
had prosperity. good times and money plenty.
We had so diversified our domestic indus
tries that American labor and American
capital supplied nearly all the wants of
the American people. We prefer TO tax
foreign production rather than our own.
We believe that the policy of protection
should be extended TO al productions i'm
partially: to the labor on the farm as we'll
as in the workshop. We are opposed to
the Democratic policy OF protecting wooden
manufacturers and admitting wool free OF
duty. We denouce a scheme Of taxation
which annually Increases the public debt
Democratic ascendency. The tariff law OF
the last Congress Is partly a copy of the
that is good OF IL was taken from the Nc
Kinley tariff and the rest of it is con-
5 cosrt has a a,r sos5Gh-5Psc sSasea The Fl n,S Supreme pr 2,
All tfe productions of the South, from pea
nuts 70 whisky. are carefully protected.
while the duties on the great staple indus
tries Of the North are largely reduced.
and on some articles. like wool. are en-
sireiy repealed We demand a reform in
tne tarin, not to promote sectional inter-
esfs, but to secure ample revenue and i'm
partial protection to domestic Industries.
This we can have only by the election of a
ReDnbICan President WQ uyant a change
and for this change we will have. the
hearty support of a large portion of the
Democratic party.
are in favor of a sound national cur
rency. always redeemable in coin All
forms OF money should be OF equal pur-
chasing power. For fourteen years after
the resumption of specie payments while
the Republican party was in power we had
such a currency. We had gold, silver and
paper money. all bearing the stamp and
sanction of the United States. of unques-
toned credit. and Of equal value. passing
current not only in the United States but
In all parts OF the commercial world. Both
gold and silver are Indispensable for use in
and has been for ages the chief measure of
value In international and the
larger transactions Of domestic exchanges.
Silver. from its bulk and weight. is not
available for large payments either at
home or abroad. but IL is indispensable In
It's greatly superior value, cannot be utilized
for such PURPOSES. Therefore, il is that
both metals have been coined into money
at n fixed ratio. The enormous increase OF
the production OF silver I'm the United
States. Mexico and Australia has disturbed
ket value Of silver precisely as a like in
crease Of production has lowered the price
or other commodities.
VALUE MEASURED BY QUANTITY.
"It Is a universal law that price or value
Is measured by quantity. Under these con-
ditions the rational and proper course
would be n change of ratio, but this can
o1ly no pffoCfivo as tn these two metals
by a concert OF action among commercial
nations. Until this can be accomplished
the only logial way is for each nation to
coin both metals and maintain the coinage
Of the cheaper metal at par by limitation
OF amount and redemption when in excess
OF the demand for 1t. Such is now the
policy of the United States and of every
country in Europe. Other nations adopt
the silver standard alone, not from choice
but from poverty; ! beiiexs that Il the esn policy
coining fractional silver coins In limited
quantities from silver bullion purchased
tender for small sums. is the only way to
preserve the parity of gold and silver coins
the common interests OF commercial nations
will lead them. through an international
commission, 10 eltner auopt q new ea.e'
or to coin them and maintain them as we
do at their present ratio.
of silver and by men who wish to pay their
debts in cheaper money than they promised
10 pay, Is the free coinage OF silver. This
the demonstration of gold. This is the
only monometallic system. II Is the degra-
piled to our national bonds il is a repudi-
alton Of one-half of the public debt; IT Is
the population OF one-half OF all debts.
1t coafers no favors on productions OF any
kind. whether Of the farm, the workshop
or the mine. for Ii thew get nominally
more dollars for their productions their adj
ditional dollars would have only half the
purchasing power Of the gold dollars. The
great hardship of this policy would fan
upon workingmen, skilled and unskilled,
whose daily wage. measured by the present
standard. is higher than in any country
of the world Their wages will purchase
more Of the necessaries Of life than the
wages paid for similar labor any where out
side of the United States. 1t is false pre-
tense that cheapening of money will be
The Republican party, in its national
m whether OF coined e9uai of pu siiVer or pI soId.
or composed of United states notes
and national bank notes. based on the credit
with coin. This is the bimetallic policy.
There we stand to-day. / hope and trust
there we Will stand forever; We will seek
parties In maintaining the parity of gold
and silver coined. II they will not cooper
ate vi IL III THIS EOlCy lne RSpuDliCdH
party can. and hope will. do 1t alone.
Good money and plenty of 1t is as inn
portant to all our people as equality of
rights and privileges. Let us then, with a
firm reliance on the principles. policy and
wisdom of the great party 10 which we
belong nominate our candidate and declare
our platform. and then make our appeal
tn the intelligence OF the people Of Ohio.
in all the great issues made in the last
forty years the Republican party of Ohio
has had the courage to propose and TO do
what Is right. Let us now follow in the
same pathway. and we will not only elect
a Republican Governor and State officers.
but also another Republican Senator. and
] hope a President of the United States
from the State Of Ohio"
At the conclusion OF the Senator's speech
the twenty-one congressional districts were
called for members of the committee and
other positions when 1t was found that
there were bitter contests for seats es-
pecially in the Toledo and Springfield dis
tricts. The following committee on resolu-
tons was appointed and afterward organ
lied with ex-Secre.ary Charles Foster as
chairman; L. W. Graydon. J.. III. Brom-
well. r. VI. Nevln. D.. l.. Gaskill. X. Ii.
Heller. George w. Hulick. George c. Raw
Inns. j. l. Cohover. j. X. Richards. Charles
II. Grosvsnor. Henry G. Taylor. W. s.
Kerr. H.. G. Van Vorhis. Lorenzo Danford,
a. ). Mcclure. r. w. TAYLOR. 5 A. North
way, j. II. Burrows and H.. G. Wilder. with
c. p. Griffin's place contested by j. NJ.
Ashley On motion of Gen. a. c.. Hurst