Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1896-07-21
REPUBLICAN BOLTERS
Their Committee Makes a Statement
TO the Public.
FOR BRYAN AND sEwALL.
They VIII Support the Nominees of
the Democratic Party, and Why
Evils of Gold Monomefallism-
McI<fnley's Inconsistency.

mittee or boting Republicans VINO nave
been in session here for several days
late this afternoon made public the fol-
lowing manifesto:
1--WE deem 1t fitting that we who have
heretofore affiliated with the national Re-
publican party, and who have rejected the
financial plank OF the platform adopted
at st. Louis, and refused to support the
nominees of the convention, should state
our position in the presidential campaign.
and give briefly our reasons in support
thereof.
when certain delegates to the national
Republican convention repudiated the
financial plank of the platform and with
drew from the convention. we determined
that we would give our support to such
candidates as should appear most willing
and capable of aiding in the restoration
Of silver to it's rightful place as standard
money.
THE Democratic party has at its Chi
cago convention taken a position In its
platform so pronouncedly favorable to
silver and has nominated candidates Of
such unquestionable convictions in favor
of the bimetallic policy, and Of such high
personal character, tat we have deter
mined to give them our support.
I'VE support such candidates because
they represent the great principles OF BIZ
metallism, which We believe to be the
cause of humanity and Of civilization. and
the pafamount question now before the
American people.
1--WE therefore announce that we shall
by voice and vote support Messrs Bryan
and Sewall for President and Vice-Presi-
dent, and we appeal to all citizens, and
especially Republicans who feel. as we
do, that gold monometallism would be or
lasting injury to the country, to act with
us in securing their election.
"The Democrats who believe in the gold
standard are announcing their intention
to support Mr.. Mckinley. or preparing TO
put third candidate in the field, for the
avowed purpose of aiding Mr. Mc..nley's s
election. A great number Of leading and
influential Democratic journals have de-
clared they will support the Republcan
nominees 1t is evident there - to be a
union of forces on the part of the advo-
Gates and supporters of the gold standard
to elect Mr.. Mckinley. and Congress
favorable to him, which will support the
financial policy outlined In the Republican
platform.
UNION OF SILVER FORCES.
ITO those who believe in bimetallsm.
which means the equal treatment of both
gold and silver at the mints of the nation,
there Is but one course to pursue and that
is to unite all the silver forces, and 10
oppose with all our might the candidate
representing the policy which We believe
is fraught with disaster TO the nation and
ruin to the people. Gold monometallism
means the shiffi~o TO gold alone as pri-
mary money. all the burdens of commerce
and credit formerly borne by gold and sill
yer, and as the worlds stock of these
metals has always been about equal in
amount Ii means the doubling OF the bur-
den upon gold. Doubling the burden upon
gold means doubling the demand for the
same and doubling the demand OF neceS-
sity doubles the value thereof. This grad
ual shifting TO gold of all the burdens or
both gold and silver has caused gradual
and steady increase in the value OF every
dollar redeemable in gold, and hence
gradual and steady decline In the value
of .. commodity that is measured by
that dollar
"The Republican supporters OF Mr. NC
Kinley consented to the insertion in the
ST. Louis platform of the gold-standard
declaration thinly veneered by deciara-
ton for bimetallism when the leading
commercial nations Of the world should
consent but until that consent was Sc
cured the gold standard must be main
tained 1t Is we'll known that this con-
sent cannot be secured from Great Bri-
tain, and that such declaration for bl-
metallism means nothing with such iimi-
tation upon It, Mr.. Mckinley consented
TO the declaration for the gold standard
in the platform. and in his recent speeches
has accepted it, and has become the ad-
vocate thereof; he has shown by his
speeches heretofore made that he under
stood the danger OF the gold standard
and the distress which would be inflicted
upon the American people by its adoption,
and vet he pledges the people 10 support
and maintain that system and fasten upon
them all the evils of the financial system
which he has heretofore repudiated II they
will make him Presidcnt. Whatever may
have been his attitude on the money
question in the past, he must inevitably
hereafter support the same financial sys-
TEN that the present Democratic admin
istration has supported. and II elected
must continue the policy of Mn Cleveland
in the sale OF bonds 10 time of peace.
Hence with the success OF Mr.. Mckin-
ley, we may look for a continued increase
of the public debt and the sale of bonds
to maintain the gold standard
POPULAR DISTRESS.
"That the condition OF the country is
not satisfactory all admit. The pro-
ducers of wealth are not receiving fair
and proper compensation for their labor,
whether in field. factory. or mines; enter
prise has ceased; values are constantly
declining: labor is unemployed, dscon-
tent and distress prevail to an extent
never before known In the history of the
country. and no reason can be found for
such an unhappy condition save in a vi
cious monetary system. Those who pro-
fess to deplore the present financial con-
dition and oppose free coinage are divided
in opinion as to the cause OF the present
condition. Some declare that 1t Is be-
cause we have too much tariff; others
that we have not enough, while the fact
exists that every gold-standard country
in the world, whether it has high or
low tariff, Is now and has been during
recent years In the throes Of a financial
panic, and every sllver-standard country,
compared with its former condition. is
enjoying an industrial development and a
degree of prosperity hitherto unknown In
its history While thus differing in opin-
ion. they unite In asserting that the gold
standard must be maintained until foreign
countries shall signify their willingness
that the American people shall not ex-
press the right Of free men and create
financial system ofitheir own. If we over"
look the humiliation and degradation We
must feel on account of such declara-
tion of financial dependency. we may well
inquire when the consent OF the leading
commercial nations will be obtained?
mo one who has read the proceedings
OF the three international monetary con-
ferences that have already been held. or
who has examined the impracticable pro-
ed af
can for moment believe that any inter-
national blmetallic agreement can ever be