The evening herald. [volume] (Shenandoah, Pa.) 1891-1966, 1896-04-24
Evening Herald
FRIDAY, APRIL "a, 1896.
THE MONEY ISSUE.

The Republican party is in favor of honest
money, and at each Of the four state CON
ventions held this week the expressions on
the currency question show the party to be
committed to sound money basis.
The platform adopted by the convention
at Harrisburg yesterday is alive with Amer-
canism, aud upon the financial question it
speaks as follows:
"The Republican party has always main
tanned the National honor and credit. 1t
enforced the resumption of specie pay
ments 1t keeps faith as to every debt
created for the preservation of the Union,
and has paid the greater part of il in accord
ance with the spirit and the letter of the
laws under which it has been contracted 1t
largely reduced the interest charged upon
the balance Of the debt by refunding at
lower rates 1t substituted for the huctuating
and inadcquately secured notes of the state
banks uniform national currency of stable
values and of equal purchasing and debt pay
ing powers. Faithful to its record, believing
that the people are entitled to the use of the
best money, and anxious to restore and pre-
serve the industrial and commercial pros
perty Of the union, the Republican party
favors international bimetallism, and until
that can be established upon a secure basis
opposes the coinage of silver, except upon
government account, and demands the main
tenancc Of existing gold standard of value"
The money plank of the Connecticut plat
form is just as emphatic;
'Weare unalterbly opposed to the issue of
unsecured paper currency, either by the
government or the banks; to the free coinage
of silver, at any ratio, and favor single
standard of value, and that standard gold.
We believe that this policy, with a sound
and stable currency upon gold basis, will
furnish sufficient revenue to meet all re-
quircments Of the government and properly
support it,
The Republicans of Maryland fresh from
grand victory in a state that has been con-
trolled by the Democracy for over thirty
years, pronounce themselves adhcrcnts to the
gold standard in these words
1--WE believe in the gold standard upon
which to base our circulating medium and are
opposed to the free and unlimited coinage Of
silver until an international agreement Of
the important commercial countries of the
world shall give silver a larger usc.'
The Southern Democracy has on several
occasions declared themselves apostles of the
free silver theory but the Tennessee Rcpubli-
cans are not tainted with such poison In
their platform they declare
I'VE are unalterably opposed toany scheme
that will give to this country a deprecated
and debased currency. We favor the use OF
silver as currency, but to the extent only y
that its parity with gold will be maintained
aud in consequence are opposed to free and
unlimited aud Independent coinage of silver
at a rate of l6 to /. We believe that every
American dollar should be an honest one
hundred cent dollar always and everywhere
1t is now quite apparent that the free coin.
age men cannot capture the st. Louis con.
yentiou,/whiIe the Democrats are reasonably
certain to endorse that dogma in their
national platform. The expressions on the
Currency question from different sections ol
the country show conclusively the tend Of
Republican sentiment. The party stands
solidy for the best interests of the country
on the two most vital issues now before the
p eople-protection and sound money.