Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1896-06-26
ADROIT NEW YORK STRADDLE
Smooth Mr.. Whitney Defeats Hills
Plans and Makes Concessions
to Silver.
FREE COINAGE IDEAS Big VICTORY
The Cleverly Constructed Financial
Plank Which Whitney Will Favor
at Chicago National Demo-
cratic Convention.

Saratoga, N. Y, June 25.-The platform
adopted by the Democratic state conven
tion favors the free coinage of silver
under international agreement ant
pledges the support of the party to bring
about such agreement. The fnancia
plank was the work of VIM. G. Whitney
1t was prepared after conference last
ing for the better part of the afternoon
and evening, between Mr.. Whitney, ex
Gov. Flower and Senator Hill. Flower
indorsed the Whitney plank. Hill ltpro
tested against it and urged that the para
graphs be reversed, so that the first
declaration should be for the existing
gold standard and the second in favor oil
free coinage under international agree.
ment. The senator sought by every
means to have this change effected, hut
Whitney and Flower would not concede
the point.
Hill threatened to carry the fight into
the committee on resolutions, but a can
vass of the situation forced him to yield to
the Whitney idea. He is greatly worked
up over the matter and expressed some
regret that he had urged Whitney to
forego his European trip.
sTRADDLERs IN A ROW.
The party machinery is slipping away
from Hill, and already Whitney is recog-
nized as the leader of the Democracy in
the state. The ex-secretary is supported
by Flower and the friends of Senator
Murphy. The Tammany delegates also
indorse his course with respect to the
currency question. The silver sentiment
here ia growing. 1t has reached unex-
pected proportions during the past
thirty days and many of the delegates
favored much stronger declaration for
the white metal than that prepared by
Mr.. Whitney.
There was no talk of bolt in Saratoga
The truth is that the New York Demo
Gratis are preparing for what is known in
political parlance as "dog fall" They
realize that concessions must be made to
the advocates of free silver and that the
best policy to be pursued is policy of
conciliation. If the national convention
will make moderate declaration for sill
yer the Empire state Democrats are
ready to fall in line and work for the
ticket. That was the secret of Mr.. Whit
ney's presence in Saratoga. He was here
to prevent an out and out declaration for
gold and to keep New York in line with
the national Democracy. He does not
favor bolt and ridicules the idea that
there will be bolt.
VERY ADRoIT sTRADDLE.
The platform is most adroit straddle,
and in this respect creates sensation
not only at the east but throughout the
country, especially in. those states where
Democrats, in obedience to suggestions
from New York party leaders, have been
induced to adopt out-and-out gold plat
forms. The action of New York coming
in with straddle at the eleventh hour
will undoubtedly weaken the influence of
the Empire state Democrats in the Chi
cago convention. The platform says:
Gold and silver-the money of the con-
stitutlon and our fathers = each at a
parity with the other in purchasing
power, has been the platform of princi-
Piles proclaimed by every national Demo.
cratic convention which has thus adopted
and reaffirmed to each declaration of
party faith for century the wisdom of
Thomas Jefferson, who said: "The
monetary unit must stand on both
metals"
The action of Republican congress
and Republican president deprived sill
yer of its equality with gold for money,
and the currency of the nation. From
this act flor which the Democratic party
was in no wise responsibility and from the
action of other nations following in the
same course, it has resulted that silver
has greatly declined in commercial value
and there now exists wide departure of
the two metals from coinage standard
of value, bringing disturbance to the
financial systems of European countries
as well,as to our own and awakening
there, az here, the earnest apprehension
of statesmen and fnanoiers.
The restoration of the equilibrium of
the two metals thus disturbed is prob.
lem for solution which is of the greatest
consequence to the prosperity both of
this country and Europe, but wholly be.
yond our power without the co-opera-
tion of other nations. Such co-opvra-
tion by the united efforts of statesmen
and wage earners here and elsewhere is
believed to be near at hand.