The times. [volume] (Richmond, Va.) 1890-1903, 1896-07-18

The Party Now Doing what 1t Refused to
DO In 1s4I-2.

si..-"Whom the gods would destroy
tb.v frs, make mad" The leaders OF
tho Democratic party. assisted by those
having the advancement OF western Sill
yer interests at heart. have. by the per-
sistent use Of party machinery IN the shtp
OF "cut and dried" resolutions, ~ wen
as earnest appeals TO all the different
elements OF discomfort that are rife dur
ing periods of depression. succeeded III
delivering the party. holy and soul, TO
tho Populists These leaders will no"
work and vote in harmony with elements
heretofore regarded as the most undemo-
cratic in the political arena. The fact
that Tillman. Altgeld and their assoc
cistes framed the declaration OF prnci-
ples. and PETER and bis associates APPROX
ell these principles, ought 10 Dc suih-
cient to cause q good Democrat 70 exam
inc we'll his proia,d before accepting
them These leaders are repudiating in
fatlonlsts. political descendants or me
originators OF the South Sea scheme and
Mississippi scheme. as well rs All otn'r
schemes by which men have attempted
TO create value without giving Ia eX-
change a fair amount OF labor.
These men thunder their denuncia-
lions against niorom etallism, yet com
mence their pronunciamento with tho alb
surd proposition 10 open the mints 10
the free and unlimited coinage OF silver
1t a ratio Of 10 10 Ia proposition, which
II carried into effect. will surely give Us
monometallism. and that. too, or uepre-
cioted and depreciatlng metal. This
Demo POpulo-Anaicho combination claiins
10 be followers OF the veneratcd Joner-
son. the founder Of the party whose doc
trines these people have forsaken. JET
ferson understood this question ana
wrote. before the wonderful value-eleVat-
ing thing called 1.-The Mint was ever
authorized. that the question OF ratios
was. on just principles. entirely qhca-
ton of commercial ratio In the markets.
Who can doubt that in an adjustment
today. Jefferson would make the ratio
% 10 instead Of rs 20 f. II requires no
prophet 10 foresee the result that must
follow the proposed action OF TINS thoi-
oughly populistlc and revolutionary party
Admitting. for the sake OF argument
only that restoring the coinage rights OF
silver would raise the price OF bullion sii-
YER To- 81 % per ounce il is Impossible 10
show how this would enhance the Na'"'
Of any other product, since 'Hal "l'.'
tho elevation of silver all othei pio"".
would stul be measured by 49, ei"H''
Of gold II there is any beneht III H. 'n1
silver prod Icers set II all, "hhe' '''. NJ,
their theory be wrong, the loss must ',''t
upon the country at large. HAVING ue
psrted from the just principles 'ilaI
DERBY true Democracy, the assumption VI
a. ,,o,,. NJ Democracy makes these poo
pia Democrats IN the same way IN "nlcn
lilo ass was made lion by masqueraalns
a. bis skin Not satisfied with the OK
noriment OF free silver these people 20
f,~,bor and declare that the right 10
Issue napor money lies only IN the GENE
raj cover ment. thus laying the lYuh'a-
,io, FOR executing the idea advanced seE'-
ral Years ago by Mr.. PETER mat tne
nrintiug presses of the government shou't
ho set IN work aoodng the country win
"naner promises TO pay until hlly "o'
1ars NOR capita had been issued. mahlhs
the whole country rich upon its inaep'eu
r.sa II there Is one fallacy more """
oerous than another, paper money ISSUE
4. tbo. fa1lacv. being sly. insldlous
means Of saddlmg upon the peop'e
49, ,.bioh AZ some future time Will coiho
49,, ,inon the country with terrinc loi'''
,rbfs measure was proposed i'm ISL - "S
,,ofiof for similar conditions 10 mo"
Ihat exist to-day and was sisH""s
,eateI bv the Democratic party N"e
tho lead Of Benton, ana now ~
vears later we have the same pel ~ ~,
avertod the catastrophe lne"'
tbey can 20 destroy the credlt '"u 80
Co., ~ our government. when tnef
i"97rtl.,fo,ilv preserved then. The fii'l"-
ar,.,. betyeen the party to-day AMI the"
,t..,,,...,rs with the name History sho"
49, cbean money crazes have, without
'.t,',i. execution. always based their citil'
:. ~,.oo,ition upon the tnetts Una
would accrue 10 tho poor ana "iS'i' ,,
and f. also shows that without ef'ep ''o -,
o. has proven % ice yenlanle ga,
- ubom il clamed TO help-Dilus'"7
t.,,it,tfon arl ruin instead OF happil's'
and afiuonce. Cheap money INC
In, lawns upon those who enter pu'
-, tho bof es of them who Woulu re-
turn ,.., +ho bighes,
,l.,cts ,hof accrue from the possinle ue,
,,ionment Of this great country we "' .sl
-. +bo host standard Of value anu ."'
80. o,,rrancv The old Democratic p'i"
IT, were that this country should nave
h,r1 money government no MYSTERIOUS
s'.rsase Of debt by the ISSUE OF 'll"'
-, foht. called paper money "ls ny"
Trim, 81 as sound to-day as II WIS WV
o,I had T. been regarded ih 'n.
,,.. would not have the noatihs "''' ''''
81 nonor money (but really no wv.
au only debt due on demand u' '.- ''''
~ creditors of the government Np' ou
~ every holder OF paper money! w
cam at any time. make ram ~" ~,
treasury and embarrass IL. ll D'n"Df
an ,rho cling TO these primitive princi
a., ne the foundation Of safe eo' trh
r,ont ~ use their best endeayors to De
Se.t The so-called Democratic party resi-
ir, secure i'm the faith that when thl'
new departure has met its merited re-
b,l. that this tlmc-honored party car
h. .'l rcc5-istructed upon its ancient and i'm
preenable foundations. and that II Wi
march on to victory in the accomplish
mont Of the high purposes OF true Demo
cratic principles a. ,td,, 40
Ivnchbure Va. July -. 1896.