The times. [volume] (Richmond, Va.) 1890-1903, 1896-09-01

lltks
FREE SILVER.
On PROPOSING 70 open tho mints OF the
United States 10 the free coinage OF sil-
YER AZ the ratio OF if 20 l. when the
relafive market values of silver AMI 60 }
are now IN the proportion OF 81 to 1. the
Chicago platform threatens This par
tial repudiation ~ that public debt. the
validity Of which the Constitution de-
,laros. shall not b. question ," II
reaches a climax Of arbitrary int rfcrence
with Individual rights when II seeks 20
force its debased money upon the public
by forblddlng CONTRACTS which provides
for the payment IN any medium inoIe
valuable than the deprecated legal tender
which II proposes 10 establish.
we reptidiate the Chicago platform be-
cauee Il proposes 10 substitute for our
present standard Of value which Is equal
10 the best IN the world an unstable and
deprecated standard which has been re-
fectcd by every civilized and prosperous
and commercial nat'on. and which wouli
put MS on a monetary level with China.
Mexico. and other countries, whore labor
is notoriously underTad.
MONOMETALLIsM.
'"The Chicago platform declares against
gold mOn0metallism ald advocates leglsia-
ton which must inevitably lead TO silver
nlonometallism; II advocates a monetary
system which would oner an unlimited
field Of speculation 10 the capitalist but
would materially reduce the purchasing
power OF every doiia~ paid 10 The wage
earners and punish honest thrift BY de-
preciating the value OF every savings-hank
deposit and every life Insurance policy.
II advocates liberal pensions and al the
same time seeks 10 impair the value Of
every pension paid by the government.
IL condemns the only method provided
for keep inviOlafe tho national credit and
favors a policy which must result in
partial repudiauon OF the public: IL dis-
approves of the issue Of national bank
notes secured by the pledges Of gov
ernInent bonds and suggests 10 subsfi-
tute therefor eXccW unlimited paper
money redeemabls in debased and fuc-
tuaung coin. 10 coFertly attacks Ito
existing civil-service laws upon the pre-
fervatiOn and extension or which the
cfhciency Of tho public serli ice depends.
In contenptously omits al reference 10
the administration OF The only Democrat
who, In this generation has had The pres
idential oihcs and whose integrity OK pur-
psse and firm determination 10 maintain
the national honor has been kuowledrsd
by al classes Of his feilow-citzens
PRAISE FOR CLEVELAND.
we heartily commcIi the adminisfrs-
ton Of Grover Cleveland. He has been
loyal TO the principles " true Democracy.
His administration has been efficient. hon
orable, aud economical He deserves the
thanks of the whole people. and has earn
od and VIII reI-eive the praise OF crate
ful posterty.
I'VE hold that it IS the duty OF the
Government or tho United States. ia fhe
exercise Of rs constitutional functions.
ln respect 70 coinage and currency, 70
follow and not 10 iorco the preferences
10 Tho leoDle. The gold standard "a O.
monetary fact which cannot be changed
by a't 81 Congress. in the face OF the
/ long-coutinued existence OF that standard
in the United States and the unmistak9ble
worldwide selection OF gold In preference
10 silver as a monetary standard. any Al
tempt 90 tamper Win that standard ls
vicious in principle. dishogest In practice.
destructive OF confidence. and thoroughly
un-DemOcratic. We IRE therefore in iaFor
of a firm and unvary.rs maintenance oi
tho present gold sio -dard OF vsiue 50
long - that standard continues 10 De
monetary fact.
should be directly divorced from the
business Of banking. aud therefore 20
/ mauG tho repeal o. all laws Authorizing
the repeal Of all laws authorizing the issue
OF fegal-tesndar or occasional notes by tns
Government or tho ressuing or sucn
notes when they have only been redeemed
in gold We favor tho enactment by
Congress OF such legislation as wiz per
NIT the establishment or banhlhB cII
reucy ample In volume Ior we HeeDa -, II,
business readily adjusting itself 10 such
noeds absolutely secure IN every coz
ungency and rcdeomable at an times III
s'i' LOGIC OF PROTECTION.
1--WE are opposed 10 Republican protec-
tion. We recognize In protecllon, ~
which the Federal power Of taAatl9,n o..
imports is exercised for the bcnehl or
~ MONOPOLY. the fruitful sOlrce OF the
present political dangers which threaten
the nation. The silver agitation pesdh III
the effCrts of the producers pr snNrI 70
obtain q higher price TOT lhelr pIvuuDl,
and tlev have as much rlgnt 10 seek ths
influence OF the Government 10 their De-
half however fruifless it may De) as
have the manufacturers or steel or cot
tons The Bland-AllsOn act OF 1919 anu
the so-called Sherman act OF $50 were
measures largely designed 10 anOri pro-
lection 10 the producers OF sllfeIf ana
the latter act. under which from 1880 10
! 1898 tho Government Of tho United STATES
purchased monthly JUO.OJD ounces or sill
vor nearly six tons daily. and issued.
and issued Treasury notes therefor 50
threatened the national cre4lt ana pro-
0ucel such dlstrusl 100 the aDllty OF LHe
Government TO maintain the standard or
value that To ID far moro than 10 any
other influence is ule the business de
preston of the last three years and The
EOuseQueut Iree-sIlNcr agitation when
md ia that depression It's only hope
success.
we believe tire erforcement Of the civil
Service laws is essential 10 an ethcient
administration Of The public business,
and We commend the extension OF those
laws by President Cleveland 10 tho re-
mainder or the uncidssined service.
AS IcyUerlfs loyal 90 the maintenance
OF the Constitution ond Jealous In our
support or the credit and honor Of Our
country. we cannot endorse the candi-
dates nominated at Chicago, nor the
champion OF Republican prOniDltOry pro-
tect.on nominated a 81 Louis.
I'VE declare, therefore. that the ap-
proaching convention al Indianapolis
should nominate on Democratic plat
form Democratic candidates, 10 whom We
our delegates % use every cuort 10 orns
about such nominations.
DELEGATES.
Electors at largo and delegates TO In
dianancils were selected. Among the lat
ter ara Patrick j. Gleason H0ratlo &.
John Dewitt Warner John r. Fellows.
Oscar 5. Strauss: Charles Il. Miller, and
simon Stern.
Roswell p. Flower Of Watert0wn; Cen
Charles Tracey. of Albany: Edward IL
Shepard. OF Brooklyn; and General Geo.
Nagee, OF Watkins
Alternates-Francis VI. Scott OF New
York: Henry A. Richmond, Of Buffalo:
George A. Br0ckway, OF Cortland. and
Charles j. Bissel. of Rochester.
A resolution. offered by Edwin II. Shep-
ard Of Brooklyn Was. aftcr the debate.
ilnanfrrOuslv aIorted. "that this conven-
ton. when II adjourus. adjourn 10 meet
& uthe city OF brooAlyn AZ p oelocA r. NJ