The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-06-22

CINCINNATI. O., June 21.-In view
Of Senator-elect Foraker's relation to
the making of the platform at St.
Louis. and his relations with Senator
Teller four years ago, in a similar
capacity, his utterance on the subject
of gold and silver last night, in his
ratification speech. becomes OF peculiar
interest. He said:
Il want to take advantage of this
opportune time to say a word about
the effort now being made TO make it
appear that the Republican party de-
cIared in its money plank for some
thing new in St. Louis. That is not
true.
The declaration of the Republican
uarty. as embodied in it's financial
planlC, defines exactly what has been
the position Of the Republican party
through all tke years with respect 10
mis- silver question. Silver was de-
lnoneSized in 1875. and ever since that
we have been on a single gold stand
ard. About the same time, several OF
the leading nations of Europe demone-
tized silver. and ever since that time
an effort has been made to get
BACK TO THE STANDARD.
We have seen three international
money conferences, the object OF them
being TO agree with the nations upon
an International ratio, according to
which we could have the free coinage
Of silver. But all these efforts have
failed
1T has been constantly and repeat
eily declared by both parties that BIZ
netallism was desirable in preference
10 gold or silver monometalism. Both
rarties have agreed that we could
maintain the parity of the two metals
and bring about the bimetallism again
by an International agreement. Some
have insisted, in the meanwhile, that
If We could not do it that way we
could do l. alone without regard to
what other nations might seee tit to 90.
The Republican party has constantly,
consistently an perSiStently stood up
against that idea.
-Four years ago. when we held the
convention at Minneapolis, it was my
fortune 70 be chairman OF the COM
mittee on resolutions, as ! was at the
st. Louis convention. and ii was M
fortune TO be associated on that COM
lr.ittee with Senator Teller. and his as
sociates from the silver states came to
that convention and came before that
committee asking US to insert a plank
pledging the Republican party to the
free coinage of silver.
WE REFUSED TO DO 1T.
We declared that we were in favor of
international bimetallism but, that I'M
til that was brought about, it would
be our policy 20 maintain silver at a
parity with gold by issuing no more
of it than could be maintained at a
parity with gold.
ss7-HpV accent the result. anG re-
manned in the Republican party. That
declaration was simply declaration
as the one adopted the other day, that
we would stand precisely where we
were until we could DO better.
I'VE were annoyed that we could not
safely undertake to have bimetallism
by International agreement; we were
unwilling and refused to attempt it by
free and Independent coinage.
sHThey did not feel called upon TO &c
from the party then; their consciences
did not seem to trouble them 50 much
as now.
THEY REMAINED IN THE PARTY
four years longer. When the last ses-
sion of congress commenced, as a re-
suit of this Democratic free trade ex
pertinent, the government was found
TO have deficient revenue; not enough
revenues to meet its current expenses
A bin was prepared in the house AND
passed that body without partisan di
vision, almost, providing for an in.
crease of revenue. That bill was known
as the Dingley bill 1t went to the
senate.
"The national credit, the nationa
honor. the national life was at stake
The gentleman said the bill was unob
jectionable, but they refused TO vot
for Il Chat is, six of these gentleme
from silver states did unless the grea
majority, who did rot agree with then
would sacrifice their convictions an
vote for the free, unlimited and IN
restricted coinage of silver. The grea
majority in the senate would not b
coerced by that view.
THAT action, upon the part Of thes
people, directed the attention of III
country TO that subject as it had nc
been directed before And, therefor
when we met at St. Louis, we weT
not for a different stand to be taken
the Republican party, but for more e,
plicit declarations of our principle
than we had heretofore made, and, il
asmuch as they had thrown down tn
guage of battle by demanding free ST
yer, and seeking to coerce US TO accep
we concluded that that was
A GOOD TIME TO MEET THEM
half way. join issue and let the battl
come on. They appeared before II
committee and we're part of the con
uittee lust as they were four veal
age. They made the same demand an
VIZ made the same answer we did fol
years before, but when we came
write the platform we said we woul
make it so plain all would understan
it. and SO we declared that we WEI
unalterably opposed to the free an
unlimited coinage of silver until v
can have an International agreemen