Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1896-04-22

lions Cf tnt Hitsiu'Ne -. "'e 80
1 IA N the secretary of the treas
~ M, organization OF Dernocrnts
a,afo opposed 10 the further
use OF silver as standard
~, Iuiy Is last at Corsicana
IA for The single gold standard
,sSAclaration that "all human OK
y i,tstitles the assertion that no
c.n have and maintain two DIFF
standards OF money
pallas News. the organ Of the
,andard forces Of Texas, as late
tsth inst, declared editorlnlly:
/ 10 be hoped thns sound money
4 lions in dealing with the finan-
8.rs will pronounce uncQuivocally
'roid standard. without weight
n uniform down with meaning
~ about International agree
4 a reasonable amount OF silver
,eldiary coin can be maintained
4 International agreement In the
<iane, and secondly. there Is no
bIllty OF any such recognition OF
nj a fixed and arbitrary ratio
[,money OF final redemption. a
Irtlon for the gold standard as a
|re Of value Is the honest course.
,e improbable to try 10 divert
rhoozlc the silverite with the
&tlonal agreement folly"
A the ablest writer against bi-
A an, thus defines II and gold
brtallism. Where they part
I'm Is on the point whether n
n,ent should have one metal
n two or more metals. for It's
IA Monometailists affirm that
should be only one, and even
here can only be one: bimctal-
nd there may be two, the law
shlng the Indifferent employ
N certain prescribed Quantities
or the other, and that IL Is de-
two and not one should be
Stripped OF all confusion, the
Ne now TO be determined by the
!. therefore between the single
tandard and true blmetallism,
goid shall be the sole primary
In which all private and public
IONS and all currently are re-
lie, with silver as subsidiary
~ only. or whethdr both gold
(Terrshall be redemptfbn money.
|. would stop the coinage OF sill
Xlars and continue the unlimited
4 OF gold, with subsidiary silver
N. and the other would continue
limited coinage OF both gold
liver MS standard money, with
Ivy silver currency. at a fixed
Ito. In my Judgment 1t would
Use to commit the party to the
T. gold standard. upon the two
Hgrounds that 1t is opposed TO
Ehclples and policy OF the party
&uld bring disaster to the coun-
A The establishment OF our none
( tem after the revolution Jeffer-
Hsted upon the double standard
Il and silver and II was adopted.
Xhen continuously through the
datlc administrations of Madi-
Monroe. Jackson, Van Buren,,
fierce and buchanan. the most
bus period in the history OF the
Uc. the double standard not only
ID. but the mints were open to
T. and unlimited coinage of sill
a the silver dollar was the unit
The Republican party attack
financial policy in 1879 by maxi
"A gold dollar the unit of value,
nuing the coinage of silver
and withdrawing from silver
full legal tender quality. This
us legislation has been repeat |
q continuously denounced by |
)nocracy. and every authorize |
declaration of the party has
standard silver money. In 1876 |
ional platform expressly con-
the financial policy of the Re-
h party. Intended as reflec-
on silver. its opponents now
y gold as the only honest or
honey. yet the national Democ-
1850 demanded honest money |
ns Of gold and silver and paper
BE INTO coin on demand" Both
aud 1883 the national Democ-
anirmed adherence 10 "honest
the gold and silver coinage of
Fulntion. and q circulating me-
convertible into such money
"A loss" In 1892 the national
ion declared that I'VE hold to
n Of both gold and silver as the
~ money OF the country, and to
nage OF both gold and silver
II discriminating against either
"a charge for mintage," which
Hequivocal demand for the dou-
picard and the free coinage of
PETALS. This party declaration
pine the law of the land, for in
q November /, 1898, which re-
VIC purchase clause OF the
law, Il is provided land 1t is
|leclared to be the policy OF the
Hnates 10 continue the use OF
pa aad silver as standard
a That the policy of the party
Xays been opposition 10 the sin
pdard OF gold is shown even
niiicantly by the action of its
lhtiVes In congress-. 1t will be
mat one of the consequences of
puon OF the single standard
we payment of the national
gold Originally the great bulk
epi was payable in lawful
which Includes gold. silver and
hu was negotiated by the gov
az an average discount OF SO
Ihe national Democratic
OK 1868 demanded the pay
.ne debt In lawful money I'M
Isessiy provided otherwise in
us or the law under which
re Issued. and In this respect
osed by the Republican party.
known as the public credit
passed March IS. 1869, with
democrat voting for 1t. I'm
~ the public deb, originally
y any lawful money, was re-
" payment in coin, which in
" value $500, 900, 900 with a cor
wv public burden to discharge
We bonds are made payable
ony, by the adoption OF the
snlard. a further Increase OF
burden will obviously follow.
IN part attempted in 1878,
,uhs adopted resolution in
~ senator Matthews OF Ohio
slafed that the debt was law
ssoie In silver. against which
v democrats voted In both
not until March 4, 1875. that
,bhocrats had a majority
~ war in the house
Innatlves. and the record
.nt from then continue
w, the last congress great
y, democrats in both houses
kndee . voted not only against the