The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-06-14


without exception, took care to assert
their Democracy and to repudiate any
at1iliation with either Republicans or
Populists. The resolutions follow:
"Slver and gold coin have In all ages
constituted the money of the world, were
the money of the fathers of the republic.
the money of history and of the constitu-
ton.
1.-The universal experience of mankind
has demonstrated that the joint use of
both gold and silver coin as money con-
sttutes the most stable standard Of value,
and that the full amount of both metals Is
necessary as medium of exchange.
"Te decentralization of either of these
historic metals means an appreciation in
the value of money, fall in the prices of
commodities, diminution of profits of
legitimate business; u continuing increase
in the burden of debts; withdrawal of
money from the channels of trade and In
dustry where ii no longer yields a safe and
sure return and its idle accumulation in
the banks and great money centers of the
country.
There is no health or soundness in a
financial system under which boarded
dollar is productive of increase to its pos
SCISSOR while an invested dollar yields a
constantly DIMINISHING anu
which fortunes are made by the accretion
of idle capital, or destroyed by persistent
fall in the price OF commodities and per-
sistent dwindling in the margin of profits
in almost every branch of useful industry
Such system Is that which the criminal
legislation of 1873 has imposed upon this
country.
"That we favor the immediate restora-
tion of silver to its former place as full
legal tender, standard money equal with
gold, and the free and unlimited coinage
of both silver and gold at the ratio of 16
to /, and upon terms of exact equality.
"That while we should welcome the CO.
operations of other nations, we believe
that the United States should not wait
upon the pleasure of foreign governments
or the consent of foreign creditors, but
should themselves proceed to reverse the
grinding process that is destroying the
prosperity of the people and should lead
by their example the nations of the earth.
The Capitalization of wealth has gone
hand in hand with the spread of poverty.
The pauper and the plutocrat are twin
children of the same vicious and unholy
system. The situation is full of menace
to the liberties of the people and the life
of the republic. The issue is enfranchise-
ment or hopeless servitude."
Harris Advocates Pure Democracy.
The fight over the principles laid
down by Sibley in his speech lat night
began early in the day, with Senator
Isham c.. Harris at the head of the
faction advocating Simon-pure DEM
ocracy. These men said that they
would secede from the convention If 1t
endorsed Sibley's radical sentiments.
Sibley said in his speech last night
that the time had come to abolish the
party in favor of the principle and 1t
was to this idea Democrats took eXcep-
ton. They declared the Democratic
party was strong enough in itself to
champion the cause of silver and they
did not propose to turn over the con-
vention to the Populists and Republi-
cans, although these latter were well
come to the ranks of free silver. The
fight spread to the room where the
committee on resolutions were holding
it's deliberations, but fortunately it got
no further. The platform as was ori-
ginally intended the call being strictly
non-partisam contains no mention of
any party.
The convention adjourned tonight
after speeches by w. J. Bryan, A. ].
Warner and Senator Walcott.