The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-05-29

CoH1pllSneu tne only lOSicul way ID IOr ettcH
nation to coin both metals and maintain
the coinage of the cheaper metal at par by
Limitation of amount, and redemption
when In excess OF the demand for 1t. Such
Is now the policy OF the United States. and
OF every great commercial nation, includ-
Ing every country in Europe. Other ma
tions adopt the silver standard alone, not
from choice, but from poverty. l believe
that the policy of the United States adopt
ed In 1853 of coming fractional silver coins
In limited quantities from silver bullion
purchased at the market price, and max
ing them legal tender for small sums Is
tn" ~ way to preserve the parity OF gold
an .:yer coins at a fixed ratio. This Is
properly called bimetallic money. i hope
and believe that the common interests Of
commercial nations will lead them,
through an international commission, to
either adopt new ratio based on market
value Of the two metals or to coin them
and maintain them as we do at their pres
ent ratio.
Good Money, ond Plenty of II.
The policy now urged by the producers
Of silver, and by men who wish to pay
their debts In cheaper money than they
promised to pay, Is the free coinage Of
silver. This means the single standard Of
silver and the decentralization OF gold.
This Is the monometallic system. II is the
degradation of our dollar to fifty cents. II
applied to our national bondsit Is repudia-
tlon of .one-half of the public debt. 1t IL
the repudiation OF one-half of all debts
IL confers no favor on producers OF any
Kind, whether of the farm. the workshop or
the mine, for II they get noninauy more
dollars for their productions, their 6 dbl
tional dollars would have only cne-half the
purchasing power of the gold dollars. The
great hardship of this policy would fall
upon workingmen, skilled or unskilled,
whose daily wage measured by the pres
ent standard Is higher than In any coun-
try of the world. Their w1ge5 will pur-
chase more of the necessarie5 of life than
the wages paid for similar labor anywhere
outside of the United States. 1t Is false
pretense that the cheape penlng of money
Will be beneficial to them. The Pcpub-
lican party, in its national platform Of 1885,.
demanded good money of equal purckas-
Ing power, whether coined of silver or
gold, or composed of United States notes
and national bank notes, based upon the
credit Of the United States, maintained at
par with coin. This is the bimetallic pol.
icy. There we stand today. l hope and
trust there we Will stand forever We will
seek the cooperation of all nations. and Of
all parties in maintaining the parity Of
gold ana silver coins. If they will not CO.
operate with us in this policy the Repub.
llcan party can, and, hope, will, do II
alone. Good money and plenty of it is as
important to all our people as equality Of
rights and privileges
Let US then with firm reliance upon
the principles, policy and wisdom OF the
great party to which we belong nominate
our candidates and declare our platform,
and then make cur appeal to the intelli-
gence OF the people of Ohio. In all the
great issues made in the last forty years
the Republican party of Ohio has had the
courage to propose, and to do what is
right. Let us now follow in the same
pathway, and we will not only elect Re-
publican governor and state officers. but
also another Republican senator, and
n n fFaTa nf I-,.4,
the state of Ohio.
Bushnell Nominated.
When the convention reassembled at
s.l5 the temporary organization was
made permanent. By resolution it was
decided that no delegation should be
allowed to change It's vote until the
final result of the ballot had been an
nounced, new departure intended to
prevent stampeding. Nominations for
governor were in order at $50.
On the sixth ballot Asa S. Bushnell
was nominated.
The vote on the sixth and nomlnat-
ing ballot follows: Bushnell, 5O9 Nash,
20l; Hoyt, ILL., Kiefer, 8; Nevin, /.
Asa S. Bushnell is the eldest SON of
Daniel and Harriet Bushnell. He was
born in Oneida county, New York.
Sept. 16, 1894, moving from there to
child In 1851 he came to Springfield,
in which place he continued to reside.
During the war he was captain of
Company f. One Hundred and Fifty
second Ohio Volunteer Infantry, which
company he recruited and served as its
captain in the Shenandoah Valley, un-
der the command of General Hunter
in 1864.
In 1856 he was appointed quarter
master general by Governor Foraker,
in which position he served four years.
He was one of the delegates at large
to the national convention in 1892, all
of which positions were given him
without solicitation upon his part.
Bimctallism Favored.
Just as the convention was about to
adjourn, Governor Foster approached
with the report of the committee on res
olutions, and which will be presented
at the morning session. 1t is as follows:
The Republicans of Ohio in state con-
vention assembled, declare our adher-
ence to the principles of the Republic
can party as defined by the national
convention in 1892, chief among which
are: A protective tariff, reciprocity,
fair elections, based upon free ballot
and an honest count; honest money, con-
sisting of gold, silver, and paper, every
dollar as good as any other dollar and
all backed by the national faith and
honor.
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 international
agreement IL that can be obtained, or
under such restrictions and such pro-
visions, to be determined by legisla-
tion, as will secure the maintenance of
the parity Of values of the two metals.
so that the purchasing and debt paying
power OF the dollar whether of silver
or gold or paper, shall be at all times
equal.
Ex-Governor Joseph B. Foraker was
endorsed as candidate for the United
States senate in opposition to Senator
Brice, and Governor william B. McKin-
ley was endorsed for the Republican
nomination for president, and the un-
swerving support of the Ohio delega-
tion was pledged him in<he national
convention. Resolutions of regret and
sympathy upon the death of Secretary
Gresham were adopted.