The Providence news. (Providence [R.I.]) 1891-1906, 1896-06-25
Ii viii Be Sought For by
New. York. e
The Empire State Delegates
a Unit for Gold.
Ohio, Indiana and Texas Will Take
the Other Side.

Sartoga. Juno rs. = The Dsmocra tic
state convention has put itself on record
on the financial platform. and has Sc
lected its delegates to the national con-
ventiop, but in doing these things 1t has
followed out the predictions OF weeks.
and has not created any sensation, or
even mild surprise II has declined to
name its electors, has net put itself on
record on any state issues and has left
the selection of state committee until
the next state convention. These things
have all been done at the instance Of the
leaders and with the avowed purpose OF
placing the party In such position that
no matter what the platform of the ma
tional party Is. It can be supported by
the electors ana the party in this state.
The delegates -at-lhrge are: David Il.
Hill. Roswell T.. Flower Edward Murphy
and Frederick r.. Coudert.
The salient points in the platform
adopted follow:
I've are In favor Of gold and silver
as the standard money of the country.
We are opposed, as permanent nnan-
cial policy, to gold monometallism on the
one hand, or silver monometallisrn on the
Nother hand. The pledge contained in tho
ing act was passed by Democratic
congress- and approved by Democratic
president, should be faithfully carried
out, wherein II was declared that Tho
efforts of the government should be
steadily directed TO the establishment
OF such a safe system of bimetallism as
will maintain at all times the equal
power Of every dollar coined or issued
by the United States in the markets and
I'm the payment OF debts" We believe
that such bimetnllism, to which the ma
ton is so,emnly pledged. can only be
safely secured and permanently main
tanned through the concurrent action OF
the leading nations of the world.
Neither this country. nor any other
country. independent and alone, is able
to maintain it, and II would be folly To
attempt IL. Being so convinced, we are
opposed 10 the free and unlimited coln-
age OF silver in the absence OF the CO.
operation OF other great nations. We de-
clare our belief that any attempt upon
the part Of the-United States alone TO
enter upon the experiment of free silvor
coinage would not only prove disastrous
10 our finances, but would retard, or en-
tirely prevent, the establishment OF In
international bimetallism. Until inter-
national cooperation for bimetailism
can be seoured--to which end all our
efforts as a government and as people
should be- in good faith directed-ws
ent gold standard as essential to the
preservation of our national credit, the
redemption of our public pledges and the
keeping inviolate OF our country's honor,
We Insist that 1l our paper and silver
currency shall be kept absolutely at
parity with gold.
2.-TheIDemocrati party has ever been
and Stills the hard money party, and II
Will preserve that record. II is opposed
20 legal tender paper money as part
OF our permanent financial system, and
II refuses TO sanction any paper currency
fnconvertible with coin. The United
States notes and treasury notes. being
in fact debts of the government, should
be gradually paid off,retired and can
celled. ThiD should and must be done
IN such a manner as to cause no contrac-
ton of the circulating money OF tho
country. Solong as they exist, however.
and are premitted TO circulate as money.
they should be redeemable at all times
upon demand in the standard money OF
the country.
The Democratic party Is pledged to the
resolute maintenance OF the public GREG
it at all times and under all circum-
stances, and IL is opposed 10 the repeal
OF any existing statute which enables the
secretary OF the treasury, by the issue OF
bonds or otherwise. to provide an ade-
quate fund for the redemption in gold OF
our paper obligations whenever neces-
sary. s
3.-we reiterate our adherence 20 the
principle of tariff for revenue only.
We are opposed To government partner
ship with protected monopolies, and we
demand that import duties. like other
taxes, should be impartialy laid. and
their imposition limited TO the necessi-
ties of the government economically
administered Federal taxation should
not be imposed to benefit individual in
terests atthe expense of the general well
fare.
We repudiate the doctrine that II IL
within the province of the government.
by the exercise Of abuse of-the power
of taxation, TO build up one mans busi-
ness at the expense OF another's, or TO
impose burdens upon one class OF citi-
zens for the benefit OF othet classes and
we insist that mo public gaxation eX-
cept for public purposes is the true
theory upon which our system of gov
should be honestly and impartially ad-
revenue reform, the Democratic party
takes no step backward.
We endorse the administration OF Pres
ident Cleveland, and particularly COM
mend him for his determined efforts 10
maintain the financial credit Of the
United States.
1t is hereby further resolved, that the
delegates TO the national Democratic
convention selected by this convention
are hereby instructed TO enter that con-
venton as unit and 60 vote and act
as a unit, In accordance w. go. Will OF
the majority thereof.
Applause frequently Interrupted the