Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1895-05-30
Cleveland's Monetary Letter.

Delmonico's tonight. American
flags were draped around the
State coat of arms behind
Stephen II. Parker. Senator
David B. Hill occupied the seat
of honor on the right of the pres
ident. The dinner began at $50
o'clock, and it was 10 o'clock be-
fore the speaking commenced.
Previous to the speaking letters
expressing regret at inability to
be present from President Cleve-
land, Postmaster General Wilson,
Secretary Of War Lamont, and
many others, were read:
President Cleveland's letter
was as follows:
EXECUTIVE MANSION.
WASHINGTON, D. c., May 20.
"John 4. Mason, Chairman, Fec:
'sMY DEAR SIR regret that
nv official duties ohlIge me to
decline the courteous invitation
L have received to attend the an
nual banquet Of the Democratic
Editorial association on the Oath
inst.
This reunion of Democratic
| editors will, | am sure, be an en-
ioyable occasion to all who pars
ticipate; but [ shall be much dis
appointed if the fellowship and
interchange of sentiment it will
afford does not stimulate the zeal
and effort of the fraternity there
assembled in behalf Of the Demo
cratic cause and Democratic prin-
ciples.
Our party is SO much a party
of power, and its proper action
and usefulness are SO dependent
upon a constant adherence to its
doctrines and traditions, that nc
tendency in our ranks to follow
the misleading light of a tempo
rary popular misapprehensior
should go unchallenged. Gu
victories have all been won wher
we have closely followed The
banner of Democratic principle
, We have always been punished
by defeat when, losing sight O
our banner, we have yielded t.
the Establishments Of un-Demo
cratic expediency.
"There is a temptation nov
vexing the people in differen
sections of the country which as
, sumes the disguise Of Democati
1 party principle, inasmuch as i
~,ocontc a cohnn,n which /
J claimed to DE a remedy for agri
cultural depression and sue
other hardships as afiict our fel
, low citizens. Thus, because W
4 are the friends Of the people an
profess devotion to their inter
S est, the help of the members c
n our party. is invoked in supper
of a plan to revolutionize tn
monetary condition of the cour
Il try, and embark upon the ea
It pertinent which is discredited b
n all reason and experience, whic
invites trouble and disaster
every avenue of labor and en-
terpriSe, and which must prov
T destructive to III national pre-
e tige and character. When d can
paign is actively on foot to fore
% the free, unlimited and iudepel
dent coinage Of silver by tn
Government at a ratio WhiC
L will add to our circulation unrt
d strained millions of so-called do
lars, intrinsically worth but ha
the amount they purport to r.
present. with no provision or r.
source to make good this def
iency in value, and when it
claimed that such a propositit
has any relation to the prime
pies of Democracy, it is time f
all who may in the least degr
!, influence Democratic thought
realize their responsibility.
= "Our party is the party Of t
people, not because it is watt
o. hither and thither by every su
den wave of popular exciteme
and misconception, but becaus
while it tests every propositi'
DIS by the doctrines which under.
q it's organization, it insists that
le interests should be defended
III the administration of the Go
eminent without especial fav
or discrimination.
"Our S is the party of the peol
~ because in it's care for the welfa
L. of all our countrymen it resis
dangerous schemes born of d
n content, avoided by appeals
IT. sectional or class prejudices a
at reinforced.by the insiduous aid
of private selfshness and cupidit
me- "Above all our party is t
d. party of the people when it rece
er nized the fact that sound and {
is solutely safe money is the ]
a blood of our country's strene
,ly and prosperity, and when
ed teaches that none of our fell,
to citizens, rich or poor, great
humble, can escape the com