Delaware gazette and state journal., 1896-04-30
Far itussell ana sound Nioney.

The Massachusetts Democrats held d
large and enthusiastic State convention
at.Boston Tuesday week. The delegates
present numbered 1,2iG, and they
attended to business with unanimity
and dispatch. They gave their EN-.
phatic approval to President Cleve-
land, adopted platform that points
unerringly to the path of sound
finances and honest money, and with a
mighty cheer recommended to the
Democracy Of the country their brainy
and popular leader. Ex-Governor Will
liam Eustis Russell, as the Democratic
candidate for President of the United
States.
The financial platform adopted by
the Massachusetts Democracy not only
unequivoeally declares for sound money,
but boldly charges the Republican
party with its Just responsibility for
the present deplorable condition of our
national monetary system. Upon this
point it says:
We declare that the Republican
party practically controlled the finances
OF our country for quarter Of cen.
tury. They inaugurated currency
system which led to tho imitation of
values and the creation of corporations
with fictitious capital. Wnterod stocks
and securities we're floated upon the
markets Of the world at their face
value, while in many instances they
were not worth half that amount
When Grover Cleveland came 10 the
presidency in 1885 he was confronted
with this condition of our finances.
By his courage and fidelity and by the
prudence and economy OF Democratic
House there was accumulated at the
end Uf his first term a surplus OF more
than $500, 600, 600 in the treasury,
$3.50, 600, 600 of which was in gold to
protect the national promises. On the
return of the Republican party 10
power in 1888 this surplus of gold re-
serve had been reduced one half The
reckless expenditures of the public
money and the passage of an act for
the purchase of silver debauched the
currency and impaired the credit Of
the nation. When the Democracy
again came into power in 1893 they
confidence on the part of holders of
American securities in all foreign
countries, which threw these back
upon our markets, forcing individuals
and great corporations into liquidation.
Thus the financial policy OF the Re.
publican party produced widespread
distress and disaster.
The leaders OF this party have tho
unparalleled audacity TO attribute This
distress and disaster to Democratic
administration that had just come into
power and had not changed a single
law. With such record they ask the
people OF this country to restore them
to power. With as much propriety
might the incompetent and discredied
directors Of bank corporation,
wrecked by them, ask to have an
honest receiver removed and the old
directors returned to control. Wa
protest against such a party being
again intrusted with the administra
tion of the government and declare
that their return to power would be
fraught with danger to the business
interests and to the people of the
country.
Believing that the true interests Of
tho people require that the earnings
OF trade and the wages Of labor be
paid in money that is intrinsieally
worth, in all the markets of the world.
what 1t purports to be worth, wo de
mand the maintenance Of the existing
gold standard Of value and that tho
government shall keep all its obliga
tons at all times redeemable and nav
able in gold, and we oppose the ire,
coinage of silver and any further pur
ehases Of silver bullion or the coinag,
thereof on government account
We renilirm the demands of ou
recent State platform that the govern
ment shall take the initial steps fo
the withdrawal from circulation of thu
legal-tender notes issued in time O
war under the pledge Of prompt retro
ment. We denuunce the action Of tht
Republican majority in tho presen
Houseoi Representatives in attemptini
TO reallirm thu law uf 1878. requirjpi
the perpetual reissue 0f these notes
and thoir failure to deal properly an,
honestly with this problem. We Id
clare our heliaf thHt this inaction ba
auded TO the impairment of our credi
caused by the silver legislation euactet
during two Republican administra
tions.
We demand that tho necessity for NJ
adequate medium on exchange in al
sFNions Of our country Shall be mot b,
provision for an elastic banking eur
rency, subject % such government ron
trol as Shall insure uniformity an,
redemption IN standard coin On de
mand.
There is not, throughout the aboy
declaration, the slightest suggestion a
temporizin1 with the forces Of rc
silver coina4e II is a Square stan
that can with honor and safety. he fol
lowed by'the Democracy Of the whoi
country.
The closing rIanh, which recon-
mendei eX Goyo-n6r Russall for N
Presidential nomination, is as follows
Fo'aS'ng long cata5liRhea Demgornti
Gus tho DglunCrlA 0f MDa prb,
sri convention nssemblod giu rr
~ aH1 way inFtruet or pede6 t1ri
Hc bu5 they ID dprlHfr IL
- "i-h nf tho Democratic nan, ,
t!r hlata 70 present, aud ihnr pittspsi,
recommend to the consideration Al M
nauoEal convention IL hr held +
Chicago, as their cautfIHte Ton III
ollicaaf Presidential the tnitel s,tatn
The name Of thor victorious, egllrpg,
Gus hlHh priHriplei ex Governor, vi
lam hu5rs Buasaii.
Massachusetts. therefore furnishes
sound platform and an aeecntablo ga,
oldats As TIC platform and candidat
"l the entire party they would insu,
Vic,oy.
Ihe re 1.iran mcnborq Of II
OnItei I. = Senate are eyidertl