The herald., 1896-09-04

can party for the increase of the tariff
| tax has it's pretext in deficiency revenue
| which has it's causes in stagnation of
| trade and reduced consumption. due en-
tirely to loss of confidence that has fol-
lowed the Populists' threat of free COIN
| age and depreciation of our money, and
Republican practice Of extravagant ap-
propriations beyond the needs Of good
| government. We arraign and condemn
| the Populistic conventions of Chicago
| and ST. L lis for their cooperation with
| the Republican party in increasing these
| conditions, which are pleaded In justi-
| fication of heavy increase In burdens
| upon the people and further resort to
protection.
| We therefore denounce protection and
its alley, free coinage of silver, as
schemes for personal profit of the few
at the expense of the many, and oppose
two parties which stand for these
schemes as hostile to the people of the
republic, whose food and shelter, COM
fort and prosperity are attacked by
higher ..xes and deprecated money.
We favor liberal policy in regard to
pensions to deserving soldiers and sail
ors of the United States. The supreme
court of the United States was wisely
established by the trainers of our con-
stitution as one of the three coordinate
branches of the government, ana lts IN
dependence and authority to interpret
the law of the land without fear or favor
must be maintained. We condemn all
efforts to defame that tribunal or impair
the confidence and respect which 1t mas
deservedly held. The Democratic party
ever has maintained and ever will main-
tain the supremacy of law and the inde-
pendence of it's judicial administration,
the inviolability of contract and obliga-
ton, and with all good citizens Will re-
sist every illegal trust combination or
attempt against the just rights OF prop
erty and good order of society, in which
are bound up the peace and happiness or
our people. Believing these principles
to be essential to the well-being of the
republic, we submit them to the consid-
Grafton of the American people.
The patriotism, fidelity and courage
with which President Cleveland has full
filed his great public trust, vigorous
character of his administration, it's wis
dom and energy in maintenance of civil
order and enforcement of laws, its equal
regard for the rights of every class and
every section, it's firm and dignified con-
duct of foreign affairs and its sturdy
persistence in upholding the credit and
honor of the nation are fully recognized
by the Democratic party and will secure
him a place in the history beside the
father of the republic.
We also commend the administration
for great progress made in the reform
of public service, and we endorse its ef-
forts to extend the merit system still
further. We demand that no backward
step be taken, but that reform be sup
ported and advanced until the un-Dem-
ocratlc short system of appointment
shall be eradicated. We demand strict
economy in appropriations and in the
administration of the government. We
favor arbitration for the settlement of
International disputes.
In fine we reafflrm the Democratic doc
trine of tariff for revenue only. We de-
mand henceforth that modern and lib
eral policies toward American shipping
shall take the place of our imitation of
restrictive statutes of the eighteenth
century, which were abandoned by
every maritime power but the United
States and which have given to nations
humiliation and have driven American
capital and enterprise to use alien flags
and alien crews; have made the Stars
and Stripes almost an unknown emblem
in foreign countries and have virtually
extinguished the rac3 of American sea-
men.
We oppose the pretense that dis
eliminating duties will promote ship
ping, and we declare that the scheme Is
an invitation to the commercial warfare
upon the United States, un-American
in the light of our great commercial
treaties, offering no gain whatever to
American shipping while greatly in
creasing ocean freights on agricultural
and manufactured products.
The experience of mankind has shown
that by reason of its natural qualities
gold is necessary money of large affairs
of commerce and business, while silver
is conveniently adapted to minor trans
actions, and that the best and most ben
eficial use of both together can be in
sured only by the adoption of the for
IIleT DIS d VI IllOuctdIy IHedS-
ure and maintenance of silver at a
parity with gold by it's limited coinage
under such safeguards of law. Thus is
the largest possible enjoyment of both
metals gained with the value uni
versally accepted throughout the world
which constitutes the only practical
currency, assuring the most stable
standard, and especially the best and
safest money for all who earn their
livelihood by labor or the products Of
husbandry. They cannot suffer when
paid in the best money known to man,
but are the peculiar and most defense
less victims of debased and fiuctuating
currency which offers continued profits
to the money changers at their cost.
Realizing these truths, demonstrated
by long public inconvenience and loss,
the Democratic party In the interest Of
the masses and equal justice to all,
practically established by legislation in
1884 and 1858 the gold standard none
tary measurement and likewise di-
vorced the government from the bank
ing and currency issues. To this long
established Democratic policy we ad-
here, and insist upon the maintenance
of the gold standard and the parity
Herewith of every dollar issued by the
government, and are firmly opposed to
the free and unlimited coinage of sill
yer and to compulsory purchase of sill
var h1I1Iinn 3ut yyo dapov1pca leo ~