Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1896-07-01
FORAKER EXPLAINS.
ssys che Republican Party Has Decssrsa
No New Money Plant.

NO New Money Plank.
In view OF Senator-elect Foraker's re,
iation to the making of the platform at
81. Louis and his relations with senate,
Teller four years ago in n similar ca
pacity, his uttcrance ON the subject OF
gold and silver in his ratification speech
ut Cincinnati on June 81 becomes OF
peculiar interest. He said:
II want to take advantage OF this op-
portunity to say word about the effort
now being made to make II appear that the
republican party declared In it's money
plank for something new at st. Louis
That is not true. The declaration OF the
republican party, ms embodied I'm it's money
plank at st. Louis. defines exactly what
party through all these years with respect
to the silver question. Silver was demon
etized In 1874, and ever since then We have
been on n single gold standard basis. About
the same time several OF tho leading ma
lions OF Europe demonetized silver. and
over since that time an effort has been
made to get back to the standard. We
have taken part I'm three international
money conferences. the object OF them
being to agree with other nations upon an
international ratio. according to which we
could have the free coinage OF silver. But
all these efforts have failed.
1T has been constantly and repeatedly
declared by both parties that bimetaiiism
was desirable In preference to gold and
silver recommendation. Roth parties have
agreed that we could maintain the parity
OF the two metals and bring about bimet-
allism again by an International agree
ment. Some have insisted, I'm the mean
while. that II we could not do Il that way
we could do IL alone. without regard to
what other nations might see lit to do.
The republican party has constantly, con-
sistently and persistently stood up against
that idea"
-Four years ago. when we held the con-
IN nslt q.
TO be the chairman OF the committee on
resolutions. as was mt the ST. Louis con-
vention, and II was my fortune to be ASSOC
GATED In that committee with Senator
Teller. He and his associates from the
silver states came to that convention ana
came before that committee asking .us to
insert n plank pledging the republican
party to the free coinage OF silver We re-
FUSED to do IL. We declared that we were
In favor OF International bimetallism but
that until that was brought about Il would
be our policy to maintain silver at "A parity
with gold by issuing no more OF A than
could he maintained ut a parity with gold
They accepted the result and remained
IN tho republican party. That declara-
ton was simply the one adopted the other
day. that we would stand precisely where
We were until we could do better We were
agreed that we could safely undertake TO
nave bimetallism by international agree
ment' we were unwilling and refused to
attempt IL by free and Independent coin
age.
THE silver men did not feel called upon
10 40 out or the party then; their con-
science ala not seem to trouble them so
much then as now They remained In the
party four years longer. When the last
session OF congress commenced. with n re-
suit OF this democratic free trade expert
ment, the government was found TO have
deficient revenues. not enough revenues to
meet Its current expenses. bill was pre-
pared I'm the house and passed that body
without partisan division almost providing
IN NJ
known as the Dingley bill IL went TO the
senate. The national credit. the national
honor. the national life was at stake
These gentlemen said the bill was unob-
Jectionable, but they refused TO vote for IL
chat IL. six OF these gentlemen from silver
states did unless the great majority. who
did not agree with them, would sacrifice
their convictions and vote for the free UNI
limited and unrestricted coinage OF sill
yer. The great majority I'm the senate
would not be coerced by that minority.
THAT action upon the part of these
people directed the attention of the coun-
try to that subject as IL had not been d.
rected before; and. therefore, when we
met at BIT. Louis we were not for a different
stand to he taken by the republican party,
but FOR more explicit declaration OF our
principles than we had heretofore made,
and. inasmuch as they had thrown down
the gauge of battle by demanding free sill
yer and seeking to coerce to accept,
we concluded that was "a good time to meet
them half way. join issue and let the battle
come on. They appeared before the COM
mittee. just as they were four years ago.
They made the same demand: we made
the same answer; but when we came to
write the platform we said we would make
/ IL so plain all would understand, and 80 we
declared that we were unalterably op-
posed to the free and unlimited coinage OF
| filVer until we can have an international
agreement. and I'm the meantime we will
preserve the existing gold standard.
TO conclude with word. when Senator
Teller and his associates bolted the party
ut the 81. Louis convention they had no
| cause for IL whatever that did not exist
| four years before at the Minneapolis con-
vention. and when the republican party
| made the declaration IL did make at ST.
| Louis II did not change it's position one
| particle. but simply made IL absolutely GER
| tain, In order that there could be a settle
ment OF that question. that the PROPOSE
| ton FOR free, Independent and unlimited
| coinage OF silver is proposition that we
VIII not entertain. We Will not entertain
| II because, In our judgment, Il does not az
| senator Teller and his associates claim,
mean bimetallism, but simply silver mono
| pnetallsm.
| I'VE go into this fight, therefore. with
| our gallant standard bearer, representing
to the people OF America protection TO
| American industries and American labor
and an absolutely sound dollar with which
| to do our business: an absolutely sound
| dollar, not simply for the banker and the
merchant, but Tor the wage-earner as well.
When a man does a fun days work ne is
entitled TO have a full 100 cents on the dol
lar with which he Is paid, and we propose
that he shall have IL. We propose that the
| dollar that we put into circulation. the
metallic dollar, shall be worth 100 cents
| in gold all over the world. no matter wheth-
err II carries the eagle and superscrlptlona
| or not Take silver dollar and pound
| II Into bullion and IL In worth "a cents. take
q gold dollar and pound II into bullion and
II II worth 100 cents ALI over the world
| Nobody IL cheated by that kind OF a dol
lar: nobody is misled by II; no dIstrust f.
excited, everybody has confidence in a.:
/ and when Gov. Mckinley shall have been
| elected prosperity viii at once come again.
| because that Will insure a sound tariff, rec
iprocity and a sound currency"
The lord high treasurer, in state
ceremonials, takes place Immediately
after the lord archbishop of Dublin.
and is followed by tile lord president
Of the privy council. the lord privy
seal, the lord great chamberlain, and
the lord high constable, II these are OF
the degree of baron; " not, their prcce-
deuce is otherwise regulated.
Z---------s---
TAKE CARE or YOUR TEETH.