The Meridional. (Abbeville, La.) 1856-1906, 1896-07-18
The Democratic Ticket.

The National Democratic Conyen.
ton was called to order in Chicago,
Tuesday, July 7, by chairman Har-
rity. Senator Daniels Of Virginia,
was chosen temporary chairman over
D. B. Hill, Of New York, by q vote
Of $50 to 34I, which was a test vote
of the gold bug and free silver
strength Senator White, Of Cali
fornia, was elected permanent chair
man. The report of the credentials
committee seating the silver dele.
gates 10 Nebraska and Michigan was
adopted.
On Friday upon the 9th ballot
William Jennings Bryan, Of Nebrass
ka was nominated for President and
on Saturday Arthur Sewall OF Maine
was nominated for the vice presl-
deDcy.
The financial plank in the plat
form adopted is as follows
Recognizing that the money system is
paramount to all Others at this time, we
invite attention to the fact that the Fed
eral Constitution names SILVER and gold
! %z~a46n, &c +ba Y,a,,nu pnato1S of tho limit
ed States, and that the first coinage law
passed by Congress under the Constltu-
ton made the silver dollar the monetary
unit and admitted goldthe free coinage at
a ratio based upon the silver dollar unit.
I'VE declare that the act OF 1873, de
monetizing silver without the knowledge
or approval of the American people, has
resulted in the appreciation of gold and
a corresponding fall in the prices OF COM
modities produced by the people; a heavy
increase in the burden of taxation and
of all debts, public and private; the en-
richment of the money lending class at
| home and abroad; prostration OF industry
| and impoverishment of the people.
"We are unalterably opposed to the
recommendation, which has lockedfast the
prosperity OF an industrial people III the
paralysis of hard times. Gold monomet-
allism is a British policy, and its adoption
has brought other nations into hnanclat
seryitude to London. 1t is not only I'M
American, but anti-American, and 1t can
be fastened on the United States only, by
the sitting of that spirit and love OF lib"
cry which proclaimed u political lnde-
pendence in 1776. and won it in the war
of the Revolution.
we demand the free and unlimited
coinage of both gold and silver at the
present legal ratio of 16 to ], without
waiting for the aid or consent IF any 9TH
er nation. We demand that the standard
silver dollar shall be a full legal tender
equally with gold, for all debts, public,
and private, and we favor such leglsla-
monetization of any kind OF legal tender
money by private contract.
1--WE are opposed to the policy n prac,
tice of surrendering to the holders OF the
obligations of the United States the OPP
ton reserved by law to the government
of redeeming such obligations in either
silver coin or gold coin.
We are opposed to the issuing OF inter
est-bearing bonds Of the United States III
time OF peace and condemn the trafickins
with banking syndicates which, in eE'
change for bonds and as an en0rmout
profit to themselves, supply the Fedora
treasury with gold 60 maintain the policy
of gold monometallism,
Congress alone has the power to COLI
and issue money, and President jackson
declared that this power could not be del
gated to corporations or individuals. w
therefore demand that the power to issue
notes to circulate as money be taken iron
national banks and that all paper mon
ey shall be- issued directly by tn,
Treasury Department, redeemable in COLI
and receivable for all debts, public ant
private,