The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-04-17

ers and the issuance of bonds to be sold
by them at an enormous profit for the
purpose of supplying the federal treas
ury with gold to maintain the policy of
gold monometallism."
Such is the Missouri platform declar-
alton on the subject of money. 1t was
signed by all the members of the COM
mittee on platform and resolutions, ex-
cept one, Lionberger, the lone gold
delegate from st. Louis.
The utterance on the subject of
money is a splendid one. It covers the
whole ground, with the single excep-
ton that it might have been a little
more explicit in declaring opposition
to retirement of greenbacks and au-
thorizing banks under certain -condi-
tons to issue banknotes of limited
denominations to take their place, as
the administration has several times
recommended. Had this been put in
more absolute and definite terms
we would say the Missouri platform as
TO money would be the declaration
for silver Democrats to urge the adop-
ton of at Chicago; and even as it is
we would urge no serious objection to
it, since it so absolutely covers the
field in every other respect. Look at
it in detail.
1t declares the money question to be
the paramount issue before the people
of the United States:
1t declares that the federal consti-
tuition names silver and gold together
as the money metal of the United
States-and the implied truth is that
gold and silver is constitutional money
both as well as either, and there ex-
lists no constitutional power by which
either one or the other can be stricken
down:
1t declares it to be the duty of the
Democratic party. the party of the
people, to continue the battle for BIZ
metallism until it's effects are crowned
with success:
1t demands the free and unlimited
coinage of gold and silver at the ratio
of 16 to / without waiting for the ac-
ton or approval of any other govern
ment:
1t declares its opposition to the sub
stitution of breeding corpora
ton credit-currency based on a single
metal, for metallic money.
In effect it declares the supply Of
the single metal referred to-gold-
so limited that it can be cornered at
any time by few banking institutions
in Europe and America, and hence i'm
plies that the command of the money
supply of the country is placed in the
hands of that few.
1t declares against the policy of the
government in redeeming it's obliga-
tions in gold or silver at the option of
the holders thereof, when the law has
reserved that option to the govern
ment.
1t declares its opposition to the issu-
ance of interest-bearing bonds by the
general government in times of
peace.
1t is opposed to placing the treasury
of the United States under the control
of any syndicate of bankers.
1t condemns the issuance of bonds to
be sold by said bankers at enormous
profit for the purpose of supplying the
federal treasury with gold to maintain
the policy of gold monometallism.
1t would be difficult to more COM
pletely cover the field than this Mis-
siuro declaration does, and again we
saw that if the national Democratic
nartv in convention at Chicago will
hut adopt that as its money plank, and
place in nomination man of high
character who can be trusted to aid
in carrying out its provisions, the
Democratic party can carry this coun-
try. notwithstanding the arrogant, not
to say insolent, boasts of the Repub-
ncan party.
The Democracy must work for the
adoption of the Missouri declaration
on money
The rest of the work Of the conven-
ton was in keeping with the spirit of
excellence of the money utterance. 1t
sends four stalwart silver delegates at