The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1896-06-27
HILL Is FIGHTING IT
OPPOSED TO COINAGE OF SILVER
ny AMERICA ALONE.
Plank On Currency Ii Devoted to AN
Explaaaaion of DemOcracy's
safest Course.

Saratoga, N. Y, June A-The demo-
cratic state convention was called 10 or
der by Chairman Hinkley. who introduced
John Boyd Thacher as temporary CHAIR
man. In the course of his speech. Mr.,
Thatcher said:
Facing Chicago, We confess that the
situation Is no; without peril Circum-
stances. some of which. perhaps, might
have been controlled. have crea ed what
We believe to be an erroneous financial
faith-a faith which has spread alarm
ingly in the west and south. and which
has found adherents even in the east and
north. 1t Is a faith which Is not TO be
eradica ed with the sword. but with the
pen and tongue. With many II Is pana-
cea for commercial disorders. Men hold
these false views through misconception
Of economic truths and through not I'M
Outstanding economic law or the times
and season Of their application. Not ev-
erything which Is signed and sealed Is
valid. The stamp of the government on
a piece of silver can not maze /. worth
much more than the world Is willing to
give for IL. 1t Is passing strange that the
very men who have such marvellous faith
In the power Of their government should
seem to have so little sentiment; as to its
seal They reverence / > seal, but appear
10 be Indifferent as to its eScutcheon. II
We are TO accomplish our mission to Chi
cago. We must so there to persuade the
erring brethren and not to quarrel with
enemies. The people who hold these
strange views are honest but mistaken
We must make hem see that We are as
honest as they are and that our views are
right. At this late day the task seems
gigantic. but II is not hopeless.
The people have not forgotten that he
silver purchase law. bearing the name of
an Ohio statesman, was the work OF
raF -
president That law made OF silver a com
modify and untitled 1t for its true mission
"a medium of exchange. Nor have the
people forgot en- that the repeal OF that
law was the work OF a democratic con-
gress and a democratic president. II II
bad done no other thing in its four years
OF power our party should have the graf
itude and confidence OF the country for
thus stopping the coinage of a V-cent dol
lar"
AT er the appointment OF committees,
recess was taken until O'Clock.
The Platform.
Upon reconvening. the platform was
read by Senator Hill and adopted 1t is
In part as follows:
II would be folly to ignore and impossi-
BILE to exaggerate the gravity OF the con.
d.tIons under which this convention as
sembled. Most of he other states have
selected and commissioned their delegates
to the national democratic convention BY
movement evidently concerted. but, as
we believe, ill-advised aad ill-considered
Instructions have been gwen to the dele
cations of large number OF sta es hav-
Ing for their aim and purpose the adop
ton of new policy and a new platform
for the democratic party.
Gold and silyer-the money OF the con-
stitution and of our fathers, each at a
parity with each other in purchas ne
power-has been he platform OF principles
procla med by every national democra tic
convention, which thus adopted and re-
affirmed TO each declaration Of party faith
for century the wisdom OF Thomas JEFF
ferson who said: The monetary unit
must stand on both metals"
The action OF a republican congress
and republican president deprived Sill
yer OF its equality with gold for money
and currency OF the nation. From this
act, and from the action OF other ma
lions following In the same course L
has resulted that silver mas greatly a.
clined in commercial value, and there
now exists a wide departure OF the two
metals from the coinage value STANDARD
bringing disturbance to the financial sys-
TENS OF European countries, as well As
to our own. and awakening there as
here. the earnest apprehension OF states
men and financiers. The restoration Of
the equilibrium OF the two metals thus
disturbed Is a problem. the solution of
which Is of the greatest consequence
to the prosperity OF both this country
and Europe. but Is wholly beyond ou-
power without the cooperation OF other
nations. Free coinage of silver now
deprecated coinage, would perhaps de-
stroy forever the success of the move
ment now general throughout the civil
lied countries for the restoration of free
bimetalic coinage in the principal minis
Of the world. The proposition to sep
arate ourselves from the great nations
of the world and adopt the monetary
standard of Mexico and China does not
comport with the pride and financial dig
nifty OF the state of New York or the
United States.
II should be resisted with the fervor Of
both partisanship and patriotism BY
democrats everywhere. With these con
victions the democrats of New York in
convention assembled make the follow
Ing declaration Of their principles and
appeal to the democrats of other states
to Join them in Incorporating those prin-
ciples in the party platform to De ADOPT
ed at Chicago:
We favor gold and silver as the stand
ard money Of the country. We are OPP
posed as a permanent financial policy to
god monometalIism on one hand or 10
silver monometallIsm on the other hand
The pledge contained in the repea! Of the
Sherman law, which repeal was passed
by a democratic congress and approved
by a democratic president should be
faithfully carried out. wherein IL was de-
clared that the efforts Of the govern
ment should be steadily directed to the
esea bIishment of such safe system OF
bimetallism as will maintain at all times
the equal power OF every dollar coined or
Issued by the United States in the mar
kets and in the payment OF debts"
l.
he nation IL solemnly pledged can only
be secured and permanently maintained
through the concurrent aid of the lead, ing
nations Of the world. Neither this country
nor any other county Independent ana
alone Is able TO maintain it, and It would
be folly to attemp 1t. Being 80 con
WINGED, we are opposed TO the free and
Unlimited coinage Of silver in the absence
OF the cooperation Of other great nations.
We declare our belief thai any attempt
on the part of the United States alone o
enter upon the experiment OF free silver
coinage would not only prove disastrous
to our finance. but would retard or entire
ly prevent the establishment OF lnterna-
tional bimetallism. Until International CO.
operation for blmetall!sm can be secured
to which end all our efforts as a govern
ment and as a people should be in good
faith directed-we favor the rigid main
tenace OF the present gold standard, es-
sontial to he preservation Of our national
credit the redemption Of our public
pledges and the keeping Invioiate Of our
cCuntry's honor. We insist that all our
paper and silver currency shall be kept
absolutely at parity with gold.
We indorse the administration Of PresI-
oeh Cleveland. particularly commend him
for his determined effort to maintain the
financial credit Of the United States. 1,
Is further resolved that the delegates TO
the national democratic convention elect
ed by this convention are hereby Instruct
60 10 enter that convention as A unit and
vote ana act as unit In accordance with