The news & observer. [volume] (Raleigh, N.C.) 1894-current, 1896-10-06

use of both metals as standard money
of the country have abandoned the
faith and are no longer worthy to be
called Democrats? Is there room for
doubt that the platform that / have
just read committed the party to the
coinage of both gold and silver with
out discriminating against either
metal or for charge of mintage? Is
there a shadow of doubt that the party
then solemnly demanded that all pa
per currency should be kept at par
with and redeemable in such coinP
Not in the one but in either. In other
words, in coin, in gold and silver alike
the recognized standard money OF
the constitution.
CHEAP MONEY UNDEMOCRATIC."
"A belief in cheap money is no part
of Democratic teachings. 1t is a part
of our creed, that the dollar unit of
coinage of both metals must be of
equal intrinsic eXchangeable value
We believe in such safeguards of leg
iSlation as shall insure the maintenance
of the parity of the two metals and the
equal power of every dollar at all times
in the markets and in the payments of
debts Surely the safeguards of legis-
lation so earnestly invoked by the plat
form of 1892 were such as would re-
store silver to it's honored place as
standard money, not such as would
look to it's destruction, as did the act
of 1873.
''WE ARE NOT RECREANT."
II have now given you the solemn
declaration of the Democratic party,
in the four great national conventions
Immediately preceding that which in
July last nominated Mr.. Bryan for the
Presidency Did time permit, the
utterances l have read might supple
mented by those of eminent states
men, Hendricks, Thurman, and others,
whose loyalty, patriotism and devo-
ton to Democratic principles have
never been questioned. Is it too much,
then, to claim that in giving our sup
port to the nominees of the Chicago
convention we are keeping the faith p
The charge of recreancy to party does
not lie at our doors. We believe that
the election of a Democratic President
and Congress will secure the restora-
ton of silver to the position of stand
ard money of the country-that de-
signed for it by the founders of the
government.
Il think have shown beyond perad-
venture that in the present attitude
of our party fayoring a return to BIZ
metallism there is no shadow of de-
parture from firmly established DEM
ocratic faith"
After discussing the Republican po-
sition on gold, and the influence of
England in American finance, the Vice
President concluded as follows
"REPUBLICANS OFFER NOTHING"
1--WE believe that much of the evil
that has befallen us as a people is the
result of the unwise, unjust financial
legislation of the last third of a CEN
fury, and for which the Republican
party is solely responsible. Wherein
is there promise for the future? Where
in is there hope? Will relief come by
the election of Mckinley and the res
toration to power of the party at whose
doors lie the responsibility of the ills
that we endure, for the burdens that
are upon us? BY it's platform, by the
utterances of those high in it's coun-
sells, it stands pledged to a continuance,
not cure, of the ills that are upon us.
Tt promises nothing; holds out no
hope, by words even, of a return to
the monetary policy of the founders of
the goyernment-the policy that for so
many years brought prosperity and
contentment to all of the people.
"OUR GREAT HISTORIC PARTY"
'We turn to the great historic party
! whose life is measured by that of the
| republic; the party which came in with
jefferson and which for go years con-
trolled the destiny of the nation; the
party which in ali periods of our his
tory has been the bulwark of the con-
stitution, and the faithful guardian
| of the rights of all the people; the par
| ty which knows no privileged classes,
| but demands equal and exact justice
| for all; the party which in the early
morning and in the noon of this CEN
| tu1y, gloried in the leadership of Jack
son and OF Douglas, the champions of
| the honest money OF the Constitution,
and the undaunted foes of special priv
ileges and of all unjust taxation.
INTERESTS OF ALL THE PEOPLE"
| ST am firmly persuaded that in the
| present contest the interests of all the
| people are bound up in the success of
! the Democratic party, whose creed up
on the pending vital issue was the