The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1896-09-03
THEPLATFORM
MONEY PLANK WILL BE EMPHATIC
FOR THE GOLD STANDARD.
Not Likely to he Even n Hint of In.
ternationaI DimetaIIism or Any
thing but Single Standard.
THE PENSION DECLARATION
Will ADVISE AGAINST UNNECEs-
sARY EXTRAvAGANCE.
There Is No Opposition to n Declara-
ton for the Absolute Retire.
ment of Greenbacks.
BANKING CURRENCY PLANK
PERRY BELMONT URGES SOME AC-
TION ON THIS IMPORTANT SUBJECT.
The Administrat tion VIII Be IndOrsed
in the Strongest Terms to Be
Found in the Dictionary.
THE WISCONSIN PLATFORM
The Administration VIII Be IndOrsed
in the Strongest Terms to Be
Found in the Dictionary.
THE WISCONSIN PLATFORM
RECEIVING MUCH FAVORABLE COM
MENT BY COMMITTEE MEMBERS.
Full Text of a Financial Plank That
May he AdOpted-A Plank ON
American Shipping.

1t was expected yesterday that the COM
mittee on resolutions would prepare its
platform during the evening and possibly
give it to the press sometime last night,
but in this there was disappointment.
While there is little controversy to the
main thought in the various planks of the
platform, there has developed a con-
siderable hitch on the wording of some
of them This is especially true of the
money plank. While the sentiment is clear
and well defined that the plank shall be
an unequivocal declaration for the gold
standard without the slightest ambiguity
which would allow more than one con-
struction, there is difference on the ques-
tion of putting in a qualifying clause pro-
viding for international binetallism, with
small chance for this clause. There also
developed a considerable argument on the
income tax plank, or rather on plank de-
elaring for a constitutional amendment
making an income tax possible, but it is
thought it will be defeated.
The committee on resolutions met and
appointed a subcommittee to draft a plat
form and that subcommittee held several
meetings during the afternoon, but failed
to agree on anything.
The committee on resolutions met again
at IL O'Clock last night, only to be notified
agreed upon declaration of principles.
While in the main there is no great di
versity of opinion on what the platform
shall say, there are still good many diff
ferences as to how it shall be said and as
to details. After half hours conference
the committee adjourned at 11:30 O'Clock to
meet again this morning at 10 o'clock. For
the purpose of facilitating the work the
construction of the financial plank was
delegated to Senator Villas and Controller
Eckels, and the draft that they will pre-
sent this morning is likely to be accepted
without further parley or division The
drafting of the tariff plank was delegated
to Irish of California. Watkins of Neb-
raska and Holman of Maine. 1t was an
nounced last night that the tariff plank
would be almost duplicate of the plank
of 1892 Other features of the work We're
delegated to other members of the COM
mittee
During the afternoon and evening the
construction of the platform was discussed
at great length, most of the discussion re-
lating to the money question From tWen-
ty-five to thirty drafts of platforms and
portions of platforms were submitted Sew
eral members offered the complete plat
forms of their various States. and George
NJ Davie of Kentucky, offered the plat
form adopted by the gold convention of
that State and said he did not think it
could be bettered.
The sentiment and majority for dec
laration for the single gold standard was
rather surprising to those who hoped that
something might be done favorng bimetal-
Iism under an international agreement.
Several members. notably A. II. Nelson of
Montana, favored a declaration in favor of
international agreement, but his supporters
were silenced by the overwhelming major
ity for clear declaration for the present
single gold standard.
THE PENSION PLANK.
There considerable opposition to a
pension plank which was proposed, and
which stated that the expenses of the gov
ernment were largely increased by pen
sion system more than liberal. While some
of the members favored this plank, several
thought that the declaration need not go
so far, and F. r. Fulton, of North Dakota
suggested that a general declaration
against extravaganza and undue expendi-
lures would cover all that was necessary
in this regard.
No opposition to the retirement of the
greenbacks was developed, and it is gen.
orally believed that a declaration of that
kind will be incorporated or the line sug-
gested by the Conant resolution, which has
received approval in many particulars ty
the Treasury Department. 1t is under
stood however, that the financial plank
has been drawn by Secretary Carlisle and
is before the committee on resolutions. 1t
declares distinctly for a single gold stand
ard and makes no apology whatever for
the bond issues, feature of the Conant
plank Objectionable 10 many of the mem
bers of the committee.
Perry Belmont urged upon the commit
tee the adoption of a plank for the re-
tirement of greenbacks and substituting a
sound banking currency which is in ac-
cordance with the Syracuse platform. the
purpose being to give greater banking IA
cilities to the people. He also believes this
TO be the only way OF permanently Kidding
the country of the occasional necessity of
government bond syndicates to protect the
public credit Whether upon a gold or even
upon silver basis redemption of govern
ment paper money might at any time
create that necessity. A bond syndicate