The daily morning Astorian. [volume] (Astoria, Oregon) 1883-1899, 1896-09-10
A VERY STRONG
DOCUMENT
Vice-Presidential Candidate HObart'S
Formal Letter Of Ac-
ceptance.
CLARION CALL TO PATRIOTS
The Nations Honor Involved in the
Present Contest and the Direful
Consequence Of the Descent to
Silver Standard.

Patterson. ~ j., Sept. 9--The letter
OF Garrett A. Hobart accepting the
nomination OF the Republican national
convention for vice-president was CIV
en- TO the public today. It is an able
discussion Of finance. tariff and other
questions prominent In the campaign.
and Is in part as follows:
Patterson. N. j.. Sept .. 1896.
Hon. Charles W. Fairbanks and others
Of the Notification Committee Of
the Republican National Conven-
ton
Gentlemen: have already in ac-
cepting the nomination for the Office Of
vice presidency rendered me by the
national Republican convention, ex-
pressed my approval Of the platform
adopted by that body and the party
basis OF doctrine. In accordance with
accepted usage. l beg now to supple
ment that brief statement Of my views
by some additional reflections upon the
questions which are the subject of de-
bate before the American people. The
platform declarations in reference to
the money question express clearly and
unmistakably the attitude Of the Re-
publican party as to this supremely
important subject. We stand unqual-
ihedly for honesty in finance, and the
permanent adjustment of our monetary
system. in the multifarious activities
of trade and commerce, to the existing
gold standard Of value. We hold that
every dollar Of currency issued by the
United States, whether Of gold, silver
or paper. must be worth a dollar in
gold, whether in the pocket Of the man
who tolls for his daily bread. in the
vaults OF the savings bank which holds
his deposits, or in the exchanges of
the world.
The money standard Of a great nation
should be as fixed and permanent as the
nation itself. To secure and retain the
best should be the desire of every right
minded citizen. Resting on stable foun-
dations. continuous and unvarying GER
tainty of value. should be the distin-
gushing characteristics. The expert
ence of all history confirms the truth
that every coin made under any law
whatsoever that coin may be stamped,
will finally command in the markets Of
the world the exact value of the ma
OF our country whether Of gold or sill
yer. should be of the full value of 100
cents and by so much as any dollar
is worth less than this in the market,
by precisely that sum will someone
be defrauded. The necessity of a GER
tain and fixed money value between
grown out of the interchange of COM
modities, the trade and business rela-
tionship which have arisen among the
peoples of the world with the enlarge
ment of human wants and the broad
ening of human interests. This neces-
sity has made gold the final standard
of all enlightened nations, other met
ais including silver have recognized
commercial value and silver especially
has a value of great Importance for
subsidiary coinage. In view Of sedu-
lous effort by the advocates Of free
coinage TO create a contrary impress
sion, it cannot be too strongly empha-
sized that the Republican party in its
platform affirms this value in silver
and favors the largest possible use Of
this metal as actual money that can
be maintained with safety. Not only
this, it will not antagonize but will ma
terially assist in promoting a double
standard whenever 1t can be secured
by agreement and cooperation among
the nations. The bimetallic currency,
involving the free use of silver, which
we now have, is cordially approved by
Republicans, But a standard and a
currency are vastly different things.
If we are to continue to hold our place
among the great commercial nations
we must cease juggling with the ques-
tion and make our honesty of purpose
clear to the world. No room should
be left for misconception as to the
meaning of the language used in the
bonds of the government not yet ma
tured 1t should not be possible for
any party or individual to raise a
question as to the purpose of the coun-
try to pay all its obligations in the
best form of money recognized by the
commercial world. Any nation which