The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-07-08
HOBART NOTIFIED.
HAS AT LAST LEARNED OF HIS
NOMINATION.
Fully Four Thousand People Listen
to His Speech of Thanks for the
Honor.

crossing the ferry on the New jersey
snore they were met by committee
OF Hobart's hospitable friends and
nelghbors who conducted them to two
private cars on the Erie road. The
only western members of the commit
tee in the party were Charles w. Par
lSh, Oregon, and j. NJ. Gilbert, Wash
lngtoa- Mrs. Fairbanks, wife Of the
chairman of the committee, was the
only woman in the party. Patterson
was reached at .11:30 a. m. The party
drove to Hobart's house and was re-
celVed by Mrs. Hobart and a number
OF ladies and gentlemen. Flags and
bunting were displayed along the road
to Hobart's house and great enthusi-
asgn prevailed among those who as
sembled.
AT Y o'clock Mr.. and Mrs. Hobart,
accompanied by several ladies and gen.
ttemen, stepped out on the porch
CHARLES w. Fairbanks, chairman OF
the committee, then delivered a speech
to Which Mr.. Hobart replied.
HOBARTS ACCEPTANCE.
Mr.. Chairman and Gentlemen of the
Comnlttee-l beg to extend to you my
grateful acknow Iedgment for the very
KIND ana hattering terms in which you
convey the formal announcement of my
nomination for Vice-preSident of the
United states by the Republican national
convention at 81. Louis. l am profoundly
sensible OF the honor which has been done
me, ana through me the state in which
my HE mas been spent, in my selection
as candidate for this high ONCE. l ap-
preciate it the more because il associates
me IN a contest which involves the very
SraVest issues with one who represents in
MS private character and public career
THE HIGHEST INTELLIGENCE
~ fri+
personal relations are such as to afford
guarantee OF perfect accord in the work
OF the campaign which lies before
me. 1t is sumcient for me to say | this
time, that concurring without reserve IN
al the declarations of principles and
policy embodied in the St. Louis platform
L accept the nomination rendered 10 me
with tull appreciation of its responsible
ties and with honest purpose and in the
event that the people shall ratify the
choice made by the national convention,
L VIII discharge any duties which may
devolve upon me with sole reference to
the public good.
Let me aud that it will be my earnest
effort in the coming campaign to con-
I1oute IN Very way possible TO the sue
cess of the party which we represent, and
Which as to the important issues OF the
time stands for the best interests OF the
people.
Uncertainty or instability as to the
money question involves most serious
consequences TO every interest and to
every citizen of the country.
The gravity of this question cannot be
overestimated. There can be no financial
security; no business stability, no real
prosperity where the policy of the gov
eminent as to that question s all a matter
OF doubt. Gold is the one standard OF
value among all enlightened commercial
nations
ALL FINANCIAL TRANSACTIONS
of whatever character, all business enter
priSeS, all individual or corporate invest
ments are adjusted to it. An honest dol
lar worth loo cents everywhere cannot be
coined out of % cents worth of silver plus
a legislative nat. Such a debasement of
our currency would inevitably produce in
calculable loss, appalling disaster and
national dishonor 1t is a fundamental
principle in coinage recognized and fol-
lowed by all statesmen of America in the
past and never yet safely departed from,
that there can be only one basis upon
which sold and silver may be concurrent
Il coined as money and that basis is
equality, not in weight but in the COM
mercial value of the metal contained in
the respective coins. This commercial
value is fixed by the markets of the word
with which the great interests of our
country are necessarily connected by in
Vulnerable business ties which cannot be
severed or ignored.
GREAT AND sELF-RELIANT
as our country is, it is great not alone
within its own borders and upon its own
resources, but because it also reaches out
to the ends of the earth in all manifold
departments of business, exchange and
commerce and must sustain with honor
its standing and credit among the nations
of the earth.
The question admits of, no compromise.
1t is a vital principle at stake, but it is
no sense partisan or sectional. 1t con-
A<,-,, oil Af faA
foremost nations, must have monetary
standard equal to the best.
1t is of vital consequence that this ques-
ton should be settled now in such a way
as TO restore pubic confidence here and
everywhere in the integrity of our pur-
pose. doubt of that integrity among
the other great commercial countries OF
the world will not only cost US millions
of money, but that which, as patriots, we
should treasure more higher, our indus
trial and commercial supremacy.
My estimate of the statute of a protec-
tive policy has been formed by the study
of the object lesson Of a great industrial
state extending
OVER A PERIOD OF THIRTY YEARS.
1t is that protection not only builds up
important industries from small begin
nings, but that those and all other in
dustries flourish or languish in proportion
as protection is maintained or withdrawn
have seen it indisputably proved that the
prosperity of the farmer, merchant and
all other classes Of citizens goes hand
in hand with that Of the manufacturer
and mechanic.
l am firmly persuaded that what we
need most of all to remove the business
paralysis that affiicts this country is the
rest grafton of g policy that while afford
ing ample revenue to met the expenses of
the government will reopen American
workshops on full time and full
handed and with their operatives
paid good wages in honest dol
lars. And this can only come
under tariff which will hold the inter
ests of our own people paramount in our
political and commercial systems.
The opposite policy which discourages
American enterprise, reduces labor to
idleness, diminishes the earnings of Amer
lean workmen, opens our markets to
commodities from abroad which we should
produce at home,
WHILE CLOSING FOREIGN MAR
KETS
against our products, and which at the
same time steadily augmentS the public
debt, increasing the public burdens, while
diminishing the ability of the people to
meet them, is a policy which must find its
popularity elsewhere than among Ameri-
can citizens. / shall take an early OPP
portunity, gentlemen of the committee,
through you to communicate to my fellow
with somewhat more of detail,
my views concerning the dominant ques-
ton of the hour and the crisis which
confronts us as q nation.
With this brief expression of my appre-
citation of the distinguished honor that has
been bestowed upon me, and this sgnifi-
cation of my acceptance of the trust to
which I have been summoned, l place my
self at the service of the Republican party
and of the country.
Governor Griggs arrived at Hobart's
house at 11:45. Fully 1000 people were
gathered in the vicinity of the house
during the exercises.
THE WHEEL.