The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1895-06-22

EnIf Text Of the Platform and Resoiu-
tions~-I<hnm q. Harris and Others
Threaten 20 Hecede-Ini-
man Makes speech


standing the cloud that Tor a moment
threatened 10 dnrlxon the horizon OF
the free silver convention of the south
ern and western states In the shape OF
che secession Of a number Of prominent
democrats from the convention be-
cause OF the advocacy Of the abolition
Of party lines by one or two OF the
speakers. the end was harmony and
there was no fight over the
resolutions after they were read
90 the convention. for the rea-
son that they carefully avoided
any reference calculated 70 produce
iiscord. The resolutions advocate the
free and unlimited coinage Of gold and
silver at the ratio OF l6 TO /, declare
that international cooperation is not
necessary, ard attribute the recent
nard times entirely 10 the demonitiza-
tion Of silver. Although nothing was
said in the resolutions about the abo-
1ition Of party lines as proposed by
Sibley. Stewart and others, the speak
'ers OF the day, almost without excep-
Hion. took care to assert their democ-
racy and to repudiate any afiiliation
with either republicans or populists.
THE resolutions follow:
The Platform.
~Siiycr and gold coin have In all ages con-
stituted tho money OF tho world, were the
noney OF tho fathers OF the republic, the
tDoney OF history and OF the constitution.
Tho universal experience OF mankind has
demonstrated that the joint use OF both silver
rand gold coin as money constitutes the most
stable standard OF value and that the ful
amount OF botn metals Is necessary rs q me-
1ium OF exchange.
-The decentralization OF either OF those his
toflc metals means on appreciation from the
value OF money. fall In the prices OF commod-
1ascs. diminution OF tho profits OF legitimate
business, continuing increase In the burden
OF debts. withdrawal OF money from the
channels OF trade and industry whore Il no
ron9cr yields q safe and sure return and It's
idle accumulation inthc banks and the greas
money centors or the country.
There Is no health or soundness in inan-
ciai system under which boarded dollar Is
productive OF increase TO its possessor while
IN invested dollar yields constantly dimin-
tshing return, and under which for
q ssHe' as ere a %SSs By DESTROYER ssT''o Ss
n persistent fall In the price OF commodities
and persistent dwindling in the margin OF
profits In almost every branch OF useful indus
try such system Is q premium upon sloth
and penalty upon industry, and such q
system Is that which tho criminal legislation
OF 1878 has imposed upon this country
Tested and Approved.
Tho bimctnllic standard OF silver and gold
has behind II the experience OF ages and has
been tested and approved by the enlightened
and deliberate Judgment OF mankind Tho
gold standard Is a departure from the cstab-
1iahed policy OF the civilized world. with moth
tng 20 commend but twenty-five years OF de-
preston and disaster TO the people ana ex-
traordinary accumulation OF wealth In the
1ands OF the few
there are some facts bearing upon this
question recognized and admitted by all can
did men, whether advocates OF Ablmctnl-
iism or Of the single gold standard
Among these IS tho fact that the very
year that marked the change from the
bimetallic 70 the single, gold standard Is the
very year that marked the change from con-
diilon OF rising prices, large. profits, general
conteniment aud great prosperity, TO condi-
lion OF fnilins pricos, diminishing profits In
security or Investments. unemployed Ia
nor and heavy depression IN all
branches OF trade and Industry. II is
mot matter Of dispute. even among
thc honest advocates OF the gold standard
that general prosperity camo 10 an end with
iGhe destruction OF the bimctallic sy tom and
that hard tunes. falling prices. Idle working
men and widespread depression came In with
she gold standard and prevails to-day wher-
sNycr the gold standard has boon ad0ptod
x Biundcr. m Not n Crime.
Every international monetary conference
that has been cailcd,every demand IN this coun-
ery and Europe Tor - international agreement
80 rccstabllsh tho bimetalic standard. is q con-
fession that the decentralization OF the system
wne blundor. II not crime, that It's conse-
qucnces have boon disastrous and that tho
condtions that II has wrought arc full OF mem
acc and OF porIl.
1.-The logic OF facts establishes beyond intel
1iscnt question that the destruction OF silver
ns primary money BY conspiracy o.
selfish interests Is the cause OF the
widespread depression and suffering
shat began with the gold stand
ard There cpn be no restoration Of pros
pcrity, no permanent relief from prevailing
conditions until tho groat cause has been re-
showed by a complete restoration OF silver TO
tfs proper place as money metal. equal with
Gold.
How 10 secure n stable standard.
1--WE believe In stable value; we believe
least OF all In IN apprccinting standard. II Is
only through the practical operation OF bimet-
nillsm that stable standard OF value can
b secured A standard constituted OF money
constantly increasing In value Is not sound,
nsingle nor stable standard hut constantly
changing standard. The effect OF gold mono
mctnllism Is TO establish one standard for The
creditor and another for thedcbtor. and there
can be no moro dishonest monetary systom than
that which gives short measure 70 the borrower
and long measure 70 tho lender Under tho
policy prevailing prior 10 1874 there can be no
violent change In tho relative value OF the
1wo metals, for rise IN value OF one
metai Is counteracted BY decreased
IEmnuu. ana fuii IN YAluo l( an
Increased demand. Under the operation
OF this bcncnccnt law stable relation was
nnnintnlncd between thcm IN spite OF che most
extreme changes IN relative productions
Prom tho first period OF ourhistory mp 20 1873
Hho right OF the debtor TO choose whether
me should pay his debts IN silver or gold coin
was always recognized Tho subsequent pol
fcy has been % transfer this riRhtto tho cred
ftor. thus tending TO constantly increase the
vnluc OF the dcartr metal and destroy the par
~ between them
Coinage FREQ and Unlimited.
believing that II IA absolutely necessary 20
rcverso this iniQuitous and ruinous policy. We |
therefore resolve:
THAT we favor the Immediate restoration OF
SILVER 70 lts former place as full legal tender |
standard money. equal with gold and the free |
and unlimited coinage OF both silver and sold |