The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-30
TIRE REPUBLICAN FINANCIAL
PLANKs.


The people of the west will be glad to
have free silver from any source ana
will look upon the source from winch
it may come as blessed. VIII that
source be Republican?
The Republicans have held conven-
tons in three important states WITHIN
the past fortnight and have made
declarations on the money question.
These states are Texas, New York ana
Massachusetts. 1t is well for the peo-
pie of the west to consider these dec
larations in juxtaposition. The Repub-
licans of Texas put forth this plank
We reaffirm the historic adherence
of the Republican party to sound
finance. We demand an honest dollar
Of greatest purchasing power for every
class alike; the largest issue OF gola'
silver and paper compatible with Sc
curity and the requirements of trade,
all of equal value, Interchangeable one
for the other, every dollar resting on
gold as money of final redemption. The
Republicans of Texas declare this TO
be in their deliberate Judgment the
only basis for large and liberal cir
culation of money and for the MAIN
tenance of universal confidence.
Succeeding the Texas convention
came that of the Republicans of New
York Their declaration is stu more
pronounced for the gold standard. 1t
is in these words:
The agitation for the free coinage of
silver at the ratio of 16 to l seriously
disturos all industrial interests and
calls for a clear statement of the Re-
publican party's attitude upon this
question, to the end that the trade of
this country, at home and abroad,
may again be placed upon Sound and
stable foundation.
We recognize in the movement for
the free coinage of silver an attempt
to degrade the long-esta blished stand
ard of our monetary system, and
hence a blow to public and private
credit at once costly to the national
government and harmful to our Gomes-
tic and foreign commerce
Until there is a prospect of lnterna-
tional agreement as to silver coinage,
and while gold remains the standard
of the United States and of the civil.
lied world. the Republican party OF
New York declares itself in favor of
the firm and honorable maintenance OF
that standard
Only last Friday the Republicans of
Massachusetts assembled in convention
and formulated platform of princi-
piles. The financial plank was even
stronger for the gold standard than
the New York plank, if such thing
were possible:
We regard the silver agitation az
hurtful to business and destructive to
confidence, and has recently been
shown hostile to all tariff legislation
designed to give protection to our IN
dustries and revenue to our treasury
We are entirely opposed to the free
and unlimited coinage of silver; ana
to any change in the existing gold
standard except by international agree
ment; each dollar must be Kept as
good as every other dollar The credit
of the United States must be main
tanned at the highest point, so that it
cannot he questioned anywhere, either
at home or abroad. Every promise
must be rigioly kept and every obhga-
ton redeemable IN coin must be PAID IN
gold.
That plank is wholly without pre-
tense. The Republicans of Massachu-
sets formally declare that every OBJ
legation redeemable in coin must be
paid in gold
All these Q6cfdl dllOiio w iiOe
cate that the blessings of free silver
will issue forth from the Republican
party.
Commenting on the platform adopted
by the Republicans of Massachusetts
the Denver Republican says:
The money plank of the platform
adopted at Boston yesterday reminds US
forcibly of Writers cutting lines re-
garding the attitude of similar intluen-
ces in Massachusetts during the anti
slavery agitation preceding the war:
Massachusetts, God forgive her,
She's a kneeling with the rest.
The lines quoted are not Winters
but Lowelrs and are from the Bigelow
Papers The full stanza runs:
Massachusetts,, God forgive her,
She akneelin' with the rest,
She, that ough' to ha' chung forever
In her grand old eagle-nest;
She that ough' to stand so fearless
VILE the wracks are round her
hurled,
Holdin up a beacon peerless
To the oppressed of all the world"