The broad ax., 1896-04-25
DEMOCRATIC PARTY,
VOICE OF OUR p ESS IN DE-
TENSE OF IT'S TRUTHS.
The Rspubliean-fopuiist Party Responsi-
BILE for Many Grave Oneasss Against
the Public Good-Monetsry strinEsney
Solely Dae to That Party-s Laws

y tons are that the republican CONVEX
D ton will deliberately choose to let thu
: silverites CO."
These indications are not visible In
other quarters than the Tribune once
The leading republican candidate fol-
the presidency has himself talked in q
manner which would authorize as en-
thusiastic support for him by white
. monometallists as by yellow mono
metallists. He is all things to all men
. on the currency question. The repub-
lican convention in his own state rec
ommending him TO the presidency takes
its hint from the candidate and strad-
dies as widely as a Colossus OF Rhodes.
Passing from prediction concerning
the republican convention. about which
II may be supposed to know something.
the Tribune asserts that the democratic
convention will either adopt an eva
sive platform or It will lean decidedly
in the direction Of free silver" It
gratuitously adds that, "even IL 1t
should adopt a satisfactory resolution.
II would not have the confidence OF
the people. Public faith in democrat
ic resolutions on the currency question
has been too sorely tried. Democratic
actions in regard to silver have been
more eloquent than democratic words"
This averment. smacking OF the au-
dacity Of impudence. comes with ap-
propriate grace from an organ Of the
republican party. the legislation Of
which upon the silver question has pre-
cipitated panics and is the present
cause OF the wide divergence upon the
currency question and the general bust
ness unrest.
lit were not for the democratic exec
utive. who. without any concern re-
garding his own POPULARITY, without any
attempted straddle such as republican |
leaders have accustomed themselves to, |
convened congress and asked the re- |
peal Of the Sherman law, 1t is not i'm
probable that this country would to-
day be on a silver basis. That law,
democracy said in one Of its official |
utterances, was a cowardly makeshift /
fraught with danger. The same reso-
luton demanded the repeal Of the mis-
chievous law; the repeal came, the
democratic promise was redeemed.
The Sherman bill, known by the lead
ers OF the republican party to be mimi
cal TO the welfare Of the republic, was
deliberately made by a republican con-
gress and deliberately signed by a re-
publican president for a double pur-
pose; hrst, to make certain Of the
passage Of high-tax tariff law. and,
next, to placate silver voters west OF
the Mississippi. 1t was monstrous
trihing with the credit of the nation.
Not until the law passed were thought
full persons closely scrutinizing the gold
reserve in the treasury, reserve which
had been depleted by republican ex-
travagance. Need was for replenishing
the reserve before the retirement of
President Harrison. but he, fearful of
his reputation. would not authorize ac-
ton looking to the sale of bonds. the
only means by which the reserve could
be repleted. Possessing the courage
that has met every difficult situation
without fiinching, President Cleveland
incurred among the thoughtless the
opprobrium Of issuing bonds for the
purpose OF preserving such reserve as
" ould enable the country to maintain
the parity between gold and silver.
The task has been the harder for him ]
because OF the endless chain, as he has I
described the operation, authorized nv I
republican legislation in the redemp- G
ion Of greenbacks. They can purchase I
gold and are Immediately to be emitted
anew, and whenever a holder wishes 4
gold of the government he has but to q
produce greenbacks. Reissued green a
backs will serve him again when he r
S ready to repeat the operation.
When the Tribune says that demo-
ratio actions in regard to silver have
'een more eloquent than democratic
words 1t might properly refer to the .
Ictions OF that democrat, President 2
Cleveland, who has saved this country Il
rom the serious currency disaster n
hat would have been brought upon IL a
y the folly OF republican legislation. Il
There Is not the slightest indication, O.
through the resolutions Of state con- a.
entions or through any action of re- IL
ublican candidates. that the st. Louis a
invention will pronounce in terms a
gainst the free and unlimited coinage
silver, nor is there more real indi-
alton that at Chicago democracy will
ronounce for the free and unlimited 81
oinage Of silver. NJ
conventions are controlled by politi- b,
ans Politicians are habitually trim W
lers. Their present struggle is to b.
void a clean-cut declaration regard W
lg silver. For the distress which has NJ
Hen upon the country thus far di
trough trifing with the money cues pe
on the republican party l. responsi-
e.