St. Paul daily globe., 1896-04-22
THEY DIVIDED THE ENTHUSIASM
OF THE DEMOCRACY OF MAS
SACHUSETTS.
A VERY PLAIN PLATFORM.
NO DOUBT AS TO THE STAND
ON THE MONEY CUES
TION.
LITTLE RHODE ISLAND RINGS TRUE
A Platform Against the Free. Coin
age of Silver Was Adopted at
Providence.

BOSTON, April 21.-With enthusiasm al
most surprising that noted at the recent
state convention of the Republicans of Mas
sachusetts when Hon. Thomas B. Reed was
indorsed, the Democrats today set their ap-
and named ex-Gov. w. E. Russell as their
choice for the nomination to be Cleyeland's 8
successor. Judge John w. Corcoran called
the convention to order. Hon Thomas J.
Ga1gan, of Boston, was named as chairman
of the committee on resolutions, and Hon.
John B. Thayer, of Worcester, was chosen
permanent chairman. Judge Corcoran pre-
serted Chairman Thayer to the convention
amid loud applause, and Mr.. Thayer ad-
dressed the delegates During the delivery
Of Mr.. Thayer's address the applause was
loud and enthusiastic, especially upon the
severe criticism of the American Protective
association and at the mention of President
Clevelands name. The election Of four dele
gates at large was then moved, and the
names Of Hon. John E. Russell George Fred
Williams, John w. Corcoran and James W.
Donovan, Of Boston, were presented by Con-
gresham Fitzgerald. ]. T. O'Sullivan, Of
Lowell, condemned the ticket as machine
made. but upon the vote Mr.. OSullivan was
the only dissenter.
Hon. Thomas j. Gargan, chairman of the
committee on resolutions, received an ova-
tion as he arose and reported. The platform
strongly commends President Cleveland and
Secretary Carlisle, and names ex-Gov. Rus
sell as the choice of Massachusetts Demo-
c1ats for president. 1t also strongly affirms
Monroe h
for Cuba. Upon the subject Of national
finance the platform dwells at length, as
follows:
1--WE declare that the Republican party has
practically controlled the finances of our
country for quarter of a century. They
inaugurated a currency system which led to
the imitation of values and the creation of
corporations with ficticious capital. Watered
stocks and securities were f1oated upon the
markets of the world at their face value
while in many instances they were not worth
half that amount.
when Grover Cleveland came to the presi-
dency, In 1885, he was confronted with this
condition. By his courage and fidelity, and
by the prudence and economy of a Demo-
cratic house, there was accumulated at the
end Of his first term, a surplus of more than
$500, 100000 IN the treasury; $780, 000, 900 of
which was in gold to protect the national
promises. On the return of the Republican
party to power, in 1885, this surplus of gold
was reduced one-half. The reckless expendi-
lures Of the public moneys and the passage
of an act for the purchase of silver debauched
the currency and impaired the credit of the
nation. When the Democracy again came
into power, in 1893, they found an empty
treasury, a want of confidence on the part
of holders of American securities, in all for
eign countries, which threw these back upon
our markets, forcing individuals and great
corporations into liquidation. Thus the fnan-
cial policy Of the Republican party produced
widespread distress and disaster.
'"The leaders Of this party have the un-
paralleled audacity to attribute the distress
and disaster to a Democratic administration,