New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-03-26
THE REPUBLICAN POSITION.

THE REPUBLICAN, POSl1ION.
The Republican platforms this year exhibit
q deoree If accord and unity which Is unusual
In Presidential years II has often happened that
the contest over declaration OF purposes anu
principles has been sharper than over the seiec-
ton Of candidates. Ii Is not very long sihce
the advocates Of currency expansion IKE "eii-
atcr Morton, of Indiana. were In bitter oppose
ton to those who regarded all lnnaNon Us
liam into the Gulf Of National bankruptcy. Years
of practical experience and and earnest thought
have taught the Republican party That the true
question Is not whether there shall be more
money or less, but whether 1t shall De soon
money or bad. OF good money there can never
be too much; Of bad money there can never De
enough. SO the Republican party, with really
magnificent unity has dropped the dispute about
quantity, and set itself resolutey 10 MAINTAIN
the quality Of the money In use.
Indiana was the centre Of imitation years ago.
To-day Minnesota and New-Yorli are one. The
Republican Convention of Minnesota adopted
without objection the following resolution;
We favor the use Of both gold and silver to the
extent to which they can be maintained IN CIR
culation at parity in purchasing ard dept paying
power: we are earnestly opposed. under the pres
emf restrictions, 10 the free and unlimited coinage
Of silver for the manifest reason that 1t would
destroy such parity enormously sc,a o,, "a c,rcn
laton, and Immediately place US on SILVER
basis Believing that It is seh-evident TACT
that the effect OF the international denonetza-
ton Of silver can be overcome only by inter
national reconciliation of that metal the Repuo-
lcan party Of Minnesota most heartily favors an
international conference with Foreign Powers i"'
that purpose.
There is nothing left 10 guessworK IN thiS
Uniform. and neither the Democrats nor the
f1.n \lxl
York platform. which might perhaps be expect
ed to differ as widely as any other from the
Minnesota view. declares:
The agitation for free coinage Of silver al the
ratio OF sixteen 10 one seriously dsturbs all IN
dustrial interests and calls for clear statement
Of the Republican party's attitude upon this
question, to the end that the trade or TINS couh-
try at home and abroad may again be placed
upon q sound and stable foundation. We recog-
nize in the movement FOR the free coinage OF
! silver an attempt 10 degrade the long established
standard OF monetary system, and hehce IA
blow to public and private credit. at once Costly
! to the National Government and harmful to our
! domestic and foreign commerce. Until there Is
prospect OF international agreement az to silver
/ coinage and while gold remains the standard OF
/ the United States and Of the civilized world the
| Republican party of New-York declares ITSELF IN
| favor Of the firm and honorable maintenance u
/ that standard.
The perfect harmony Of these declarations
foresbadows entire accord in the convention.
West Of Minnesota and Nebraska there may yet
no Rennblicans who want more money. more
silver cheaper money But the great body OF
Republican States from that far Western line
away to the Atlantic shore stands entirely united
and harmonious for sound and honest money.
and New-York in presenting Governor Morton
rs a candidate is not more explicit in that dec
laratlon than Minnesota in presenting Governor
Mckinley.
1t is no longer a question of quantity. Give
the country money that Is absolutely and unques-
tonably good, and there will be enough OF 1t.
Gold will come in to any extent that may be
needed Paper instantly redeemable In gold
will be issued If the activity and expansion
of business require double the present amount
Of money. It will be readily supplied. The prob
lem to which all men Of intelligence now turn
their minds concerns the quality and not the
quantity Of currency, and on that point the Re
publican conventions from Kansas and Iowa 10
Maine are practically Of one mind. They de-
| mapd money always made and kept as good as
the best known to the commercial world, and
having always the purchasing power Of gold.
Controversy on that topic, 1t Is now safe t0
say, will only appear IL few mining camps
of the Far West send delegates who are ad
mitted TO the convention. Their right to place
in any Republican Convention, II they are In
reality members Of a Silver party, may with
proprlety be disputed. But there Is reason FOL
great encouragement in the steady westward
progress Of sound thought on this question. The
dividing line between sound and unsound opin
ions was twenty years ago in Ohio, and tho
close victory Of Governor Hayes after des
perate struggle in that State made him Presi
dent. To-day there is no opposition worth the
rame inside the Republican party In any State
east Of the Dakotas and Colorado. The Popu
lists have not only absorbed the men who lear
toward monetary foolishness. but by their owl
extravaganza and want Of integrity have driver
very many Of them back to financial sanity
The candidates nominated at St Louis 1t Il
already evident. will represent one and the same
Republican purpose and conviction. whether they
come from Maine. New-York, Ohio, Indiana OF