New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-05-30
THE ONO CONVENTIONS.


Senator Sherman presiding and making the
chief speech. absent Governor Mckinley hear'ii!
supported as Ohio's choice for President, ex-
Governor Foraker wildly checrcd as the coming
Senator. Ex-Governor Foster reporting the reso-
lutons. and the liberal and popular manufact-
urer Asa Bushnell nominated for Governor
these things showed the great strength ana cs-
scntial unity of the Ohio Republicans, and the
spirit which has so transformed the state doubt
full for many years and Democratic IN 1881, when
gave barely 1000 Republican plurality In 1S''2,
that il gave 81 900 plurality for Governor III
1893. and $4,000 plurality last year. 1t Is
great State. with rare supply OF strong men,
and when they work together In harmony Ike
publican triumphs in Ohio are OF National I'M
portance 1t is a slngularly representative State,
partly Puritan on the Reserve. partly Southern
in river counties, bound to the manufacturing
East by its iron works and its mines ana 10 the
West by its splendid farms. central In position,
the third State in the Union in native-Dorh III
babitants and second TO none in the roll OF ires-
idcnts statesmen and Generals who have maze
the history Of the last forty years
Senator Shcrman's speech was a singular!
powerful argument for the Republican poiic!.
Historically his task was easy. lie had on! 10
tell what the Nation had become through Kepnp
lcan rule what It was in 1892 and what II -
His exposure Of the Democratic tariff OF 'perhdy
and dishonor" his demand for reform mot
"to promote sectional Interests but TO secure
Gamble revenue and impartial protection to 10
"rnestc industries" will have the support, az ne
said. of a large part Of the Democratic party.
vast deal Of nonsense has been printed
| about Senator Shcrman's position on the money
| question, which selfdeceiving Democrats nope
| will deceive some Republicans. But the senator
| made his opinion so plain that one must pe VIII
| fully blind to misunderstood IT, whether ne who
" agrees with il or not. Gold. silver ana paper
were for fourteen years maintained by the Re-
publican party with equal purchasing power
| Enormous increase Of production has lowered
1.-THE market value Of silver precisely as Ike
| increase Of production has lowered the prices
| "of other commodities" change OF ratio can
| he made effective only by concert OF action among
| commercial nations Until this can be accom-
.'nlshed the only logical way Is 20 coin Doh
..metals. and maintain the coinage Of the cheaper
..metal at par by Limitation Of amount" Coin
ing fractional silver in limited quantities and
making il legal tender for small sums is the
only way to preserve the parity Of gold ana silver
| coin al fixed ratio THAT Is properly called
bimetasm" Free coinage OF silver is the pol
lev Of men who wish to pay their debts in cheap
or money than they promised to pay. III Is me
.degradation Of our dollar to % cents. II is the
| .reDudation Of Onc-baf Of all debts. II conferS
| mo favor on producers Of any Kind. ana the
| great harlships Of the policy will fall upon
| "workingmen" 1--WE will seek the coopcra-
"tion of all nations, and Of all parties, in main
| "tainIng the parity OF gold and silver CONS.
IF they will not cooperate with us in this pol
"icy, the Republican party can and, hope, Will
| "do it alone" These sentences Indicate the arg'i-
mcnt which plainly set forth the will OF the con-
vention IA great applause testified. and was en-
| bodied in the resolution declaring
| We favor bimetallism, and demand the use OF
both gold and silver as standard money, either IN
| accordance with a ratio to be fixed by an interna-
tonal agreement. II that can be obtained or under
such restrictions and such provisions 10 be deter
mined by legislation as will secure the maintenance
OF the parity OF values OF the two metals so that
the purchasing and debt -paying power or the dol
lar whether OF silver gold or paper shall be at all
| times equal
| There Is no room for honest dispute about this
position or its application to any emergency or
| practical problem. What will tend to defeat or
render more difficult and dangerous the concur
| rent use Of silver and gold maintained at equal
purchasing power the Republican party opposes,
| holding that larger use Of silver as money must
be steadily sought as 1t can only be obtained, by
international cooperation. Silver extremists,
whose real object is silver recommendation, will
oppose this policy Gold monomcasts. who
want to drive silver out Of use. will oppose 1t.
But the great majority Of the people have sup
ported II and will support ii firmly.
1t will be seen that the Republican party throws
out no bait to silver or paper intlationsts. 1t
does not propose 10 take away legal tenders re-
decmable In gold from the pockets Of wagccarn-
ers. and to give them their wages only in ccriih-
Gates redeemable IN silver. II does not propose
TO abolish National bank notes. so secured that
they must everywhere and always be- equal TO
gold In value in order 10 substitute State bank
notes not secured at all, or only so secured as
defaultng Democratic State Trcasurers NAV de-
tcrmlne 1t refuses to favor forty four new kinds
Of paper money, each unlimited in quantity and
also In depreciation. in order TO make debt pay
ing easy. To President Cleveland and Secretary
Carlisle and their devices for satisfying rcpndi-
ators. II Is opposed rs well as TO the silver pro-
ducers and their attempt to make silver the only
basis Of ell our currency. When the voting