The Portland daily press., 1896-10-23
Secretary Carlisle began by saying.

secretary Carl1sl6 began by saying:
| II have come here to speak in behalf
OF Democratic candidates pledged to the
principles OF a Democratic platform, and
my purpose is to discuss some of the
pending political questions from q purely
Demooratic standpoint. We are not
Republicans, or Populists, or Fusionists /;
We are simply plain, old d-fashioned
Democrats without any modern adultera-
tions In our doctrines, or any Popalistic
or communicate appendages to our
! organization.
BE proceeded to an analysis Of what the
principles of Democracy were-meaning
American Democracy, not "thas wild,
turbulent and destructive form of
Democracy, which has been imported
from abroad and which Is so nearly
allied to anarchy that 10 Is almost
impossible to distinguish one from the
other.'
Of the candidates of the National
Democracy, he said:
John M. Palmer and Simon Bolivar
buokner are not strangers to the Amefi-
can people; they were not discovered
yesterday: and they will not be forgotten
when the sound and fury of this remark
able campaign have subsided."
In regard to the question Of the
regularity of their nomination, he said:
"The nominations made at Chicago
have been partially repudiated by the
very men who made them in a majority
of the states in the Union. The national
and tate committees have in 26 or 27
| states deliberately enteled into arrange
ments and ombinatioEs to deprive one
of the nominees of a large NUMBER Of
electoral votes and give them to another
candidate.''
Then he discussed what the past
Democratic platforms lad been on the
financial question contrasting them
with the Chicago declaration. He
continued:
Notwithstanding all that has been
said, or may ba hereafter said to the
contrary, we have now distinct monet
ry system of our own, freely adopted by
our own legislation without dictation
| from, or consultation with. any other
| nation in the world, and we have the
| right and the power to change it or
abolish 1t altogether, whenever We choose.
1t is not q question of power; IL is not q
| question of national indepen ience.
but it is a question of national prosperity
and national honor"
Secretary Carlisle proceeded to discuss
at length the economic effects of free
silver coinage Its advocates advanced
three distinct and wholly inconsistent
propositions. he said. "Their first prop
osition ia that free coinage with the
ratio of 16 to 1 will give the people
| cheap money that 1t will reduce the
value of the dollar one half, so that it
will REQUIRE about twioe as many dollars
to produce given quantity OF oommo-
dities as are required now. This is the
high price argument and Is addressed
to the farmers and so-oallsd debtor
| classes. Their second proposition is that
free coinage will not make cheap or
deprecated money, but will raise the
value OF silver to an equality with the
present valne of the gold dollar. This Ia
the argument addressed to the more con.
servative Glasses who do not believe In
dspreciRted currency, but who have
been persuaded that there is not a
sufficient amount Of money in the
country. Their third proposition, which
appears to be compromise between
the other two, Ia that it will raise the
value of the silver up and bring the value
of gold down so that the two metals
will met at som intermediate point
and consequently establish parity at the
ratio of Is to !. This arguments is
addressed ro those who are supposed to
be in favor of a deprecated currency, but
are not yet quite ready to accept u dollar
worth only so cents.
"Driven away from the advocacy of
the first proposition in many parts Of the
country by reason of Its manifest and
gross Injustice to the laboring man, to
deposibors in Savings banks and other
institutions, and to creditors generally,
and forced by the unansw era Bile arRu-
ments of their opponents in other parts
OF the country, to abandon the second on
account of Its monstrated absurdity,
they have resorted to the third as
compTomiGe between the advocates of
absolute fntism and the advocates of
partial OF modified fatism, but,' said
Secretary Carlisle, "the contention that
the United States alone can, by the free
ooinsge of silver, increase the value of
that metal, and also reduce the value
of gold simply doubles the difficulties
which our opponents have encountered