The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1896-02-04

oiho'iOij ohN tuuV 10 Wy tiiO AOotOi'
alton of silver to the same full
money power with gold; and the
only way this can be done is by
giving to silver the same mint
privileges that are given to gold.
For the following reasons we
believe that the restoration of sill
yer can be brought about through
the Democratic party only. From
the Republican party we can ex.
pect nothing in this direction, be.
cause the delegates who will con.
troll the policy of that party in its
next national convention will come
from the east and middle states
where not only the leaders hut n
large majority of the rank and file
believe in and advocate the main
tenance Of the single gold standard.
These votes, with the addition of
the negro delegation which will
come up from the south, and which
will be easily controlled, insures
the defeat Of the silver wing of the
Republican national convention
will either adopt an out and out
gold platform or they will adopt Il
straddling plank which can be in
terpreted to mean anything. Be-
sides nc one can doubt but that
the present policy, which they orig
mated and have carried out for u
quarter Of a century. That this Is
so is proved by the fact that the
Republican party now has control
in both branches of congress and
could at any moment deprive the
executive branch of the govern
ment of the power that it is unlaw-
fully using for the purpose of tax
ing the American people. But
they have not even made move
in this direction. On the contrary,
they have passed bill in the
house of representatives authOriz-
ing another issue of bonds and an
increase of taxes. Ifthis party on
ly desired to increase the revenues
of the government so as to meet
the expenditures, as they now
claim, and were not hostile to sill
yer, why did they not, instead of
increasing taxes and authorizing
the issue of more bonds, pass bill
commanding the president and
secretary of the treasury to have
coined into silver dollars the silver
bullion that is now lying idle in
the treasury? II this were done
the government would have :at its
disposal an amount far in excess Of
any deficiency. These dollars, too,
when coined would be just rs good
rs any gold dollar. for they could
not help but have the same pur-
chasing power as any gold dollar,
and if the present financial policy
is adhered to, they would, at the
end of twelve months, have II
greater purchasing power than
they have upon the day they
were coined and issued. Can any
governments credit in any way be
injured by the issuing dollar that
will thus continue to. appreciate in
value?
Besides, there is not single OBJ
legation Of the United States gov
ernment that is not, by the explicit
terms Of the contract, payable iE
silver dollars. They refuse to
carry out this contract under the
pretext that IL will destroy the
public credit. AS Senator Mills
asked the other day. add any
body ever hear Of any mans pri-
vate credit being injured by his
performing, with religious fidelity,
The terms Of his contract precisely
as he made it, at the time, at the
place and In the manner he con-
.racted? Has anybody ever read
n history OF any nation on the
.lobe that ever lost It's credit or
,ad it impaired by performing its
contract In the very terms and let
er of that contract"
Why, then, may we ask, does not
he Republican pa rty, now that |
hey have the power, do these
hings? In answer they may say {
hat they have not the control of
he senate because In that body the
'Opulist senators had hold the 4
alance Of power, but every one OF Il
hese senators has declared openly |
pom the floor of the senate that he |
'Ould not only vote with them, but q
ssist them in every way to bring G
bout such legislation. They may I
lso claim that the president would 4
eto such measures, but this does 9
Ot help them, for In case the pre- 4
ident did exercise the veto power i
OF only would the populists, but \
alf the Democrats In both houses n