The Providence news. (Providence [R.I.]) 1891-1906, 1895-05-25
MONETARY WAR.
Views of Cleveland and Hill
on the Question.
Bryan Argues for Free Coinage in
Reply TO Carlisle.

NEW YORK, May 25.-The two days
end last night, when banquet was ten
dered them at Delmonicos. The banquet
hall was taxed to its full capacity, covers
being laid for $50 Colonel w. l.. Brown
acted as toastmastcr.
Scarcely had the diners taken their
first puffs AT their perfectos when Colonel
Brown raped for order and introduced
John A. Mason, who thanked the Dem
ocrats Of Gotham for their hospitality 10
the visitors. Mr. Mason then read let
ter from President Cleveland which
evoked eumultuous applause After ex-
pressing regret, tlo president in his letter
said:
when a campaign is actively on foot
20 force the free, unlimited and indie
pendent coinage of silver by the govern
ment, at a ratio which will add TO our CIR
culation unrestrained millions of so called
dollars, intrinsically worth but half the
amount they purpoIt 10 represent, with no
provision or resource to make good their
deficiency in value, and when il is claimed
that such proposition has any relation
to the principles of Democracy, IL Is time
for all who may in the least degree
influence Democratic thought TO realize
their responsibility.
''Our party Is the party Of the people,
not because IL is waited hither and thither
by every sudden wave of popular excite
ment and misconception, but because,
while IL tests every proposition by the doc
trines which underlie its organization, 1t
insists that all interests should be de-
Tended in the administration OF the gov
ernment, without especial favor or dis
elimination.
"0ar party is the party of the people, be-
cause In its care for the welfare of all our
countrymen 1t resists dangerous schemes,
born of discomfort, advocated by appeals
20 sectional or class prejudices, and re-en-
forced by the insiduous aid Of private
selfshness and cupidity.
"Above all, our party is the party of the
people, and it recognizes the fact that
sound and absolutely safe money Is the
life-blood of our country's strength and
prosperity, and IL teaches that none of
our fellow-citizens, rich or poor, great
or humble, can escape the consequences Of
q degeneration of our currency.
Democratic care and conservatism rec
ognize that there exists Inconvenience and
hardship, resulting from the congestion or
imperfect distribution of our circulating
medium, a remedy should be applied
which will avoid the disaster that must
follow in the train of silver monometal-
lism."
Letters Of regret were also received from
Secretary Lamont, Postmaster General
Wilson, Oscar Straus and ex-Recorder
Smyth.
Hills speech.
Then Toastmaster Brown introduced
Senator Hill IA "the Democrat who stands
for all that there is pure and good in
Democratic politics" The senator was
accorded perfect ovation as he rose TO
speak To the toast, Democracy"
Senator Hill begun with a tribute to the
press and lengthy explanation of Democ-
racy. Continuing, he spoke of the most
important recent event in our national
affairs, the decision Of the supreme court
on the income tax, saying that for that
event we should congratulate ourselves
and render hearty thanks.
Referring TO the silver question, the sena-
tor said: "The question that is now Great
ing the most burning issue in our national
politics Is the silver question. If the reso-
lutions adopted by the delegates to the
national conventions held by each of the
two great parties in 1862 and the resolu-
tons adopted hy those same parties as