Goldsboro weekly argus. [volume] (Goldsboro, N.C.) 1885-1909, 1896-06-25
FORAKER TALKS.
The Republican National Conven
ton, He says, Did not Declare
for Anything New in its
money flank.
June 81

In view of Senator>elect For
aker's relation to tho making of
a platform at st. Louis and his
relations with Senator Teller
-four years ago in a similar ca
pacity, his utterance On the sub
ject of gold and silver last night
in his speech becomes of peculiar
interest. He said:
Il want to take advantage of
this opportunity to say a word
about the effort now being made
to make it appear that the Re-
publican party declared in its
money plank for something new
at ST. Louis. That is not true.
"Thc declaration of the Re
publican party as embodied in its
money plank at ST. Louis defines
exactly what has been the posts
ton of the Republican party
through all these years with re-
spect to this silver question. Sill
yer was demonetized in 1873 and
ever sill C , that we have been on
a single gold standard basis.
About the same time several Of
the leading nations Of Europe de-
moetized silver and and ever
since that time an effort has been
made to get back to the standard.
Both parties have agreed that
we could maintain the parity of
the two metals ard and bring
about bimetallism again by an in
ternational agreement,
-Four years ago when he held
the convention at Minneapolis,
it was my fortane to be the
chairman of the committee on
resolutions, as I was at St. Louis
Convention and l was associated
in that committee with Senator
Teller. He and his associates
from the silver States asked US
to insert a plank pledging the
Republican party to the free coin
age Of silver. We refused to do it.
We declared that we were in
favor of international bimetal-
ism, hut that until that was
brought about it would he our
policy to maintain silver at g
parity with gold by issuing nc
more of it than could be main
tanned at a parity with gold.
When the last session of Con
gress commenced, with a result
of this Democratic free trade ex
pertinent. the government was
found to have deficient revenues,
not enough revenues to meet its
current expense. A bill was
prepared in the House and passed
that body without partisan divis
ion almost, providing for an in
crease of revenue. That bill
was known as the Dingay bill
It went to the Senate. These
gentlemen said the bill was un-
Objectionable, but they refused te
vote for it-that is, six Of these
gentlemen from silver States did
unless the great majority, who
did not agree with them, woule
sacrifice their convictions an6
vote for the free, unlimited ane
unrestricted coinage of silver
The great majority in the Senate
would not be coerced by that mi
nority.
when we met at St. Louis, We
were not for a different stand te
be taken by the Republican
party, but for more explicit dec
larations of our principles thar
weshad heretofore made, and, in
asmuch as they had thrown dowl
the gauge of battle by demand.
ing free silver and seeking t.
coerce US to accept. we conclud'
ed that was a good time to NEE
them half way, join issue and lie
the battle come on. They made
the same demand; we made th'
same answer, but when we CAM
to write the platform we said W
would make it so plain all woul'
understand, and so we declared
! that we were unalteraoly oppos
ed to the free and unlimited coin
age of silver until we can hav
an international agreement AM
in the meantime we will preserv
the existing gold standard.
ITO conclude with a word
when Senator Teller and his as
SOCRATES bolted the party at tn
st. Louis Convention they ha
) no cause for it whatever that di
not exist four years before at tn
minneapolis Convention an
when the Republican party mad
+ Now is the time to provid
t yourself and family with a bottl
| che declaration at ST. Louis
did not change its position on
particle, but simply made it al
solLtely certain in order thu
there could be a settlement {
that question that the proposI
ton for free, independent and I'll
j, limited coinage of silver is a PR
:, position that we will not enter
tain"
The Miners Bank at Creedl'