The Progress. (Shreveport, La.) 1892-1900, 1896-06-27
,,,,,. New York Sal vs.

.e~1.r Ir.ernoon, has EI Itself on rec
or3 -, The financial question and Se1e'~
.a3 H.. do,a~ates to the national con7en-
ZION hnt in doing these things it h"''
followed out the prediotions on wethS
ago and has not created any SENSATION |
or even mild surprise. 1t has decIlneu
TO name it's electors, has not put 1OSeI1
on record on any State issue ana mas
left the sele(ltion of a State coln'n foVte
uroil the next State convention
The following is the financial PRANK
adopted BY THE convention:
|. We favor gold and SILVER as Vne
standard money of the country. we alo
cDposed, as a penmanlan't financial poll
cv, to gold recommendation on one manu-
or to silver recommendation on the QUIZ
er hand. The pledge contained In the
repeal OF the Sherman law. Whldn re-
peai was passed by a Democratic con-
gress and approved by a DemooraUT
President, should be faithfully carried
ont wherein it was declared that 1.-The
efforts of the government should De
steadily directed to the establishment
Of such safe system Uf bimetalllsn as
will maintain at all times the equal
power of every dollar coined or nssuea
bv the United States in the markers
and in payment of debts
We believe that such bimetaLls'm, 10
which the natiOn is solemnly urged, can
only he secured and permanently main-
tanned through the concurrent action OF
rhe leading nations of the world. Nell
Their this country NOT amy country Is
able to maintain it, and 1T 'would be fol-
" to attempt lit. Being SO convinced,
we are opposed to the free and unllm-
tied coinage of silver in the absence OF
the co-operatlon of other great NATIONS
We declare OUT belief that any at
.egnGr, on the part of the United States
alone to enter upon the experiment. on
free silver coinage would not only
. nrove disastrous to our finances, p"H
: wnnld retard or entirely prevent one
establishment of international blme9i-
)ism. Until International cooperation
: INV which bimetallism can be secured
5 to which end all our efforts as govern
/ ment and as a people should be IN goon
: | faith djreeted-we favor the rIgN
D maintenance Of the present gold stand
: ard as essential to the preservation on
= orr national credit the redemption c'
; our public pledges and the keeping in
Violate of our countr'y's honor We IN
S sjst that all our paper and silver c0lrfWl'
Vt cv shall be kept absolutely at parity
+ with gold.
o 2 The Democratic party has ever
! becn and still is the hard money party
1t and it will preserve that recond. 1t 1'
ouposed to legal tender paper money al
e a part of our permanent financial sVs
y tenn. and it refuses ITO sanction any pa
+ per currency 'eco1vertiible with com
d the limited str,tes notes and treasur!
y notes being in fact debts of the gov
eminent, should be paid off, retired an'
re cancelled. This should and must b
I'd done in such manner as ITO cause n
contraction of the circulating more
le of the country So long ais they exist
ID however. and are permitted NO circulat
as money, they shouAd be Tedeemabl
as at all times UPON demand in the stand
ard money of the country. The Demo
cratic party is pledged to THE resoiu
ton of maintenance of the public cred
III at all times and under ALL circum
RS stances 1t is therefore opposed to tn
VI repeal of any existing ldaytute Whlc
70 enables the secretary of the trensur
ne bv the issue of bonds or otherwise,
IS provide an adequate fund for THE n
IN demption in gold of our paper obllg;
ne lions whenever necessary.