Kansas City daily journal. [volume] (Kansas City, Mo.) 1892-1897, 1896-09-13
HONOR THEIR LEADERS.
Continued From First Page.

| ton addressed itself. Its platform asserts
| truths which can be demonstrated, and It
| asserts that the Democratic party is
| pledged to equal and exact justice to all
| men of every creed and condition: to the
! largest freedom of the individual, consist
ent with good government; to the preser-
I walton of the federal government in its
! constitutional vigor, and to the support of
omy in the public expenditures; to the
maintenance of the public faith, and sound
money; and IT is opposed to paternalism,
ana all class legislation
1t also asserts that the declarations of
the Chicago convention attack individual
freedom; the right of private contract. the
| Independence of the judiciary and the au-
thority of the president TO enforce federal
| laws. They advocate reckless attempt to
| increase the price of silver by legislation
| to the debaseTnent of our monetary stand
ard and threaten unlimited issues of paper
money by the government. They abandon
| for Republican allies, the Democratic cause
tecticists to their fiscal heresy.'
1t then asserts, with earnestness and in
terms which will not satisfy those who as
| first vote the ticket and then read the plat
form.' that in view of these and other
| srave departures from Democratic prin-
thaL convention nor be bound by its acts
The convention held in Indianapolis
shen declares, with force and exactness,
| the Democratic. doctrines with respect to
| taxation. whether by tariffs, excuses or by
direct imposition. and asserts that none of
these can be rightfully imposed for public
purposes, and not for private gain, and re-
affirms the historic, Democratic doctrine of
tariff for revenue only
The Declaration for Gold.
"It is then asserted by the convention
| in its declaration of principles, that the
experience of mankind has shown that by
reason Of their natural qualities. gold is
the necessary money of the large affairs of
commerce and business, while silver is con-
veniently adapted to minor transactions,
and the most beneficial use of both togeth-
er can be insured only by the adoption of
the former as standard of monetary
measure. and the maintenance of silver at
a parity with gold by its limited coinage
under suitable safeguards of law. Thus the
largest possible enjoyment of both metals
is gained with a value universally accepted
throughout the world, which constitutes
the only practical bimetaIlic currency, as
suring the most stable standard, and espe-
ctally the best and safest money for all
who earn their livelihood by labor or the
produce of husbandry. They cannot suffer
when paid in the best money known to
man, but are the peculiar and most de-
fenseless victims of debased and f1uctuat-
to the money changer. at their cost. Peal
izing these truths. demonstrated by long
public Inconvenience and loss. the Demo-
cratic party, in the interests of the masses
and Of equal justice to ALL practically es-
tablished by the legislation of 1884 and 1853.
the gold standard of monetary measure
government from banking and currency is
sues. To this long established Democratic
policy We adhere and insist upon the main
tenaIce of the gold standard and of the
parity Herewith of every dollar issued by
| the government. and are firmly opposed to
| the free and unlimited coinage of silver,
and to the compulsory purchase of silver
| bullion
This language is but reiteration of the
terse demand of the Democratic platform
| Of 1892 that every dollar, coined or issued
a ha ha
| in the market and in the payment of
debts The convention which assembled in
| Chicago in July of the present year. in de-
manding the unlimited coinage of silver
| dollars on the ratio of 4121k grains of stand
ard silver to 25 $40 grains of standard gold.
with full legal tender quality for all debts
and dues. public and private. offer to the
country scheme from which every voter
| may expect whatever advantage to the
country or himself. his reason or even his
Imagination can suggest.
Law Can't Give Value.
1.-THE advocates of the unlimited coinage
Of full legal tender silver do not agree as
| to what will be the consequence of the
adoption by the United States Of their ia
| that 1t is impossible. by law. to give to sill
yer bullion, or silver coin. a local value in
| the United States; and therefore. Mr.. Bry-
| interpreter of the free silver dogma, as
| serts his belief that the unlimited coinage
| Of legal tender silver by the United States
bullion, which is to-day 81 cents per ounce.
to $12s and he asserts his belief that under
unlimited coinage the silver dollar, contain
| ing 4l2h grains of standard silver, coined
by the authority. of the United States.
| would be Of equal acceptability and value
| with the dollar containing % S-10 grains OF
world.
at is something that this opinion has no
| support in the experience of mankind. 1t
| Is enough for present purposes to say it
! foundation.
assertions of those who share in that belief.
No party in the country ever undertook
!tetA coinage of silver They not only un-
dertake to maintain commercial parity in
value Of about A34 500. o41 silver dollars. al
ready coined by. the United States under
February. 1878. and of July IA, 1890. and of
| all the silver dollars that hereafter may
es but they a ha the task
| of all the nations of the world to an equal
acceDtabilfty and value with coins of gold.
If the expectations Of such of the advo-
| Gates of free coinage of silver are realized
| 1t would be difficult upon their own pre-
misses to perceive what would be gained by
| those who expect cheap money.
| Accepting their claim that under free
coinage the dollar of silver would become
| Of equal acceptability and value and equal
power in the markets, and in the payment
OF debts throughout the civilized world
| the silver dollar would then be as difficult
TO procure as the dollar of gold Is now
| lHey complain now that the dollar of gold
has too much purchasing power and is too
difficult to obtain.
| A Deprecated Dollar.
| But the real expectation of the great
body of supporters of the free coinage of
| silver.and one much more in harmony with
| the experience of mankind is that the
unlimited coinage of silver would give to
| the country deprecated and cheaper dol
| lar: which would enhance nominal values
| and be used in the payment of debts but
| would be attended and followed by the
| ruin OF all industries. the destruction of
public and private credit and irreparable
| mischiefs.
Mr.. Chairman and Gentlemen:-Our
Platform commits us to the maintenance
or the Democratic faith. Many of our as
sociates. deluded by deceptive sophistries
are supporting coalition which disayows
Ihe traditional faith of the Democratic
PARTY The best We can hope for them is
,nat tna .hey may be defeated. and when de-
| that they have heretofore trodden.,
As the strains of "Old Kentucky Home,
| were dying out. Colonel Fellows arose tn
address the gathering and to notify CEN
| erai buckner. His effort was expected tn
be the oratorical treat of the evening and
ms auditors were not disappointed, Colo.
mel FELLOWS concluded as follows.
| Democracy is something more than
nane Democracy is something more than
| a lesend. and although an assemhlapa
| clothed In the uniform and vested in tbe
| omc1af badges of Democratic authorize
! may take our banner and masuuerafie in
our PLATFORM they leave us to the possess
Gratis party and they are the boilers, Pro-
| longed applause) VI ~
| invoke the memories of the mast for
my democracy. 1t was not breatbed 3rst