The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1896-06-27
rnE GOLD STANDARD.


New luTk RNm0tf1A' $3.50
TO Pros perity.
SARATOGA springs. N. ". June s5.-The
denocratic convention 10 select delegates
AZ large and name district delegates 10
the national convention at Chicago met
IN this city Wednesday. Chairman james
| w. Hlnckley called the convention 10 order
| at 1921 D. m. lie presented the name OF
| John BOYD Thatcher. OF Albany. for tenn
porary chairman. Mr., Thatcher was elect
| "a without opposition. The following were
| elected delegates at large 70 the nauonai
conventions: David b. Hiii. Iiosweil q
| Flower, Edward Murphy and Fred X.
| Coudert Alterr.atea. Robert Earl. Smith
NJ Weed. Jacob A. Cantor ana WiiAm
| Purcell.
The platform. as presented by Senator
| Hnl, from the committee on resolutions,
/ was adopted. IL opens with lengthy pre-
| ambie In which II Is asserted that by
| movement, evidently concerted, but iii-
| advised and ili-considered, instructions
| have been given 10 the delegations from
large number OF states having for their
| aim and purpose the adoption OF a new
| policy and a new platform for the demo-
| cratic party. and II is declared that upon
| such new matter thus proposed 10 be moor
| porated among the tencts OF the party ~
| becomes the duty OF the democrats OF New
York representing their people, 10 speak In
| no equivocal terms. IL continues:
Free coinage OF silver by the United
/ states alone can have no other effect than
| 10 change our present standard or value 20
| one of silver-now deprecated coin-and
| 20 retard, perhaps destroy forever, the sue
! cess OF the movement now general through
| out civilized countries for the restoration
| of free bimetallic coinage In the principal
| minis OF the world. The proposition 10
| separate ourselves from the great nations
| OF the world and adopt the monetary
| standard OF Mexico and China does not
| comport with the pride and financial dig
| nifty OF the state OF New York or tho United
| States. IL should be resisted with the
| fervor of both partisanship and patriotism
by democrats everywhere when the adop-
! ton OF such a course threatens, as II does.
untold evils 10 our nations commerce ana
| industry"
rhe resolutions which follow this pre-
| amble favor gold and silver as the standard
| money OF the country. oppose as perma-
| nent financial policy either gold or silver
| monometallism. pronounce In favor OF the
| establishment OF such safe system OF BIZ
metallism will maintain at all times the
equal power OF every dollar coined or
issued by the United States I'm the markets
and In the payment OF debts: declare that
such bimetallism can only be safely Sc
cured and permanently maintained
through the concurrent action of the lead
ing nations OF the world. and that until
international cooperation for bimetallism
| can be secured-tor which end all our eff
forts as a government and people should
be in good faith directed-we favor the
| rigid maintenance OF the present kOlu
| standard as essential TO the preservation
OF our national credit. the redemption OF
our public pledges and the keeping invio-
late OF our countrys honor: insist that all
our paper and silver currency shall be
| kept absolutely at parity with gold.
IL opposes legal tender paper money as a
part of our permanent financial policy. and
| refuses 10 sanction any paper currency
| inconvertibe with coin; favors retirement
| and cancellation OF United States and
/ -. nl..u 10 xs4 d..
such a manner as 10 cause no contraction
of the circulation; opposes repeal OF any
| existing statute which enables the secre-
| tary OF the treasury, by the issue OF bonds
or otherwise. 10 provide adequate funds
| for the redemption In gold OF our paper
obligations whenever necessary: favors a
tariff for revenue only, and insists that
mo public taxation except for public pur-
poses" Is the true theory upon which our
, | system OF government Is based and upon
which Il should be honestly and impartially
administered. The administration OF Pres
ident Cleveland is indorsed, and he is par
ticularly commended for his determined
efforts TO maintain the financial credit OF
, the United States. The delegates TO the
national convention are instructed 20 vote
and act as unit In accordance with the
Will OF the state convention. A resolution
was adopted declaring that republican
asccndency I'm the nation would undoubt-
eddy be followed by another attempt TO es-
tablish minority rule In the democratic
southern states by means OF force bill
and appealing 10 the democrats OF the
south, In the name OF their political liber-
ties and their properties. to avert the pos
sibnity OF a force bill by uniting with the
! democrats OF the east and the west In fran
ing a platform on which all democrats car
, stand, the united support OF which viii
lead TO a glorious democratic victory. A
. resolution sympathzing with Cuban pa.
triots in their struggles 10 achieve freedom
and independence, and denouncing and
condemning the atrocities. the outrages
and cruelties perpetrated by Spanish sol
dcrs under the Spanish flag In the ISLAND
| ~