The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-09-10

PATERSON, n. j., Sept. s,-Foliow-
!ns is the letter OF Hon. Garret A. lio-
bart. accepting the nomination for
vice president on the Republican t.k-
4:
Hon. Charles ". Fairbanks and others
Of the notification committee OF the
Republican National Convention:
Gcntlemeu:-I have already. In ac-
cepting the nomination for the office
Of the vice presidency rendered me by
the National Republican convention.
expressed my approval OF the platform
adopted by that body as the party ba-
SIS OF doctrine. In accordance with ac-
cep.ed usage ] beg now to supplement
thar brief statement OF my Views, by
s,me additional reflections upon the
questions which are in debate before
the American people.
The platform declaration In reference
to the money question express clearly
and unmIstAkably the attitude OF the
Republican party as TO this supremely
important subject. We stand unQuali-
netiy for honesty IN finance. and tha
permanent adjustment OF our monetary
system, in the multIfar!ous activities
Of trade and commerce. TO the existing
gold standard OF value. We hold that
every dollar OF currency Issued by the
United States, whether OF gold, silver
or paper. must be worth aNdollhr In
geid. whether In the pocket OF the man
who tolls for his daily bread, in the
vault OF the savings bank which holds
bis deposits. or in the exchanges OF the
world
The money standard OF great ma
ton should be as fixed and permanent
as the nation itself. To secure and
retain the best should be the desire OF
every right-minded clGren. Resting on
stable foundations, continuous and
unyaryins certainty Of value should
be IT'S distinguishing characteristic.
The experience OF all history confirms
the truth that every coin, made under
any law, howsoever that coin may be
stamped, Will finally command in the
markets OF the world the exact value
OF the materials which compose It The
dollar OF our country, whether Of gold
or silver, should be OF the full value
o! one hundred cents. and by SO much
as any dollar Is worth less than this In
the market. by precisely that sum Will
some one be dcfEauGed.
The necessity OF certain and fixed
as individuals has grown out OF the
interchange OF commodities. the trade
and business relationships which have
arisen among the peoples OF the world.
xith the enlargement OF human wants
and the broadening OF human interests.
This necessity bas made gold the final
standard OF all enlightened nations.
O.her metals, including silver. have
recognized commercial value, and sill
yer, especially, has value OF great
importance for subsidiary coinage. In
view OF q sedulous effort by the a6vo-
Gates OF free coinage 20 create a con-
trary impression, IL cannot be too
strongly emphasized that the Republl-
can party In It's platform attirns this
value in silver, and fayors the largest
possible use OF this metal as actual mo-
Eey that can be maintained with safe
IS. Not only this, It will not antaSon-
lzs. but will gladly assist IN promoting
& double standard whenever It can be
secured by agreement and co-opera-
t!on among the nations The bimetallic
currency, Involving the free use OF s!l-
yer, which we now have. Is cordially
approved by Republicans. But stand
ard and currency are vastly different
things.
The Honest Dollar.
II we are TO continue to hold our
place among the great commercial ma
tions. We must cease Juggling with this
question, and make our honesty Of pur-
pose clear TO the world. No room should
be left for InIsconcept!on as TO the
meaning OF the language used In the
bonds OF the government not yet ma
tured. It should not be possible FOR any
party or Individual to raise question
as TO the purpose of the country 20 pay
all It's obligations In the best form OF
money recognized by the commercial
world. Any nation which Is worthy OF
credit or condolences can AFFORD 10 say
explicitly, on question 80 vital 20 ev-
cry interest, what II means, when such
meaning Is challenged or doubted. It IL
desirable that we should make II
known at once and Acknowledgements
an honest dollar" means any dollar
equivalent 10 q gold dollar OF the pres
rrt standard OF weight and fineness.
The world should likewise be assured
that the standard dollar Of America Is
az inileSlblc n quantity as the French
Napoleon. the British sovereign, or the
German twenty mark piece.
The free coinage OF silver ut the ratio
OF sixteen 10 one, is policy which no
nation has even before proposed, and Il
IS not to-day permitted In any mint In
the woTld-n1t even In Mexico. II Is
purp0seu TO make the coinage unlimit-
cd, at nn absolutely fictitious ratio, fix
ed with no reference To intrinsic value
or pledge OF ultimate redemption. With
silver AZ Its present price OF less than
seventy cents per ounce In the mar
ket, such a policy means an immediate
profit 70 the seller OF silver for which
there IL no return now or hereafter 10
the people OF tho government. II means
that Tor each dollars worth OF silver
bullion delivered at the mint. practlc-
ally two dollars OF stamped coin Will
be given In exchange. For one hun
drcd dollars worth OF bullion nearly
Two hundred silver dollars will be de-
liYcred.
Lot 1t also be remembered that the
consequences Os such an act would
probably BE- cumulative in their effects.
The crop of silver unlike that Of hay.
or wheat, or cOrn--whiCh being OF year
" production cnh be regulated by the
ihw Of demand and supply--Is fixed
once for all. Tho silver which has not
get been gathered Ia all In the ground
icarih or other accident OF the ele-
!rHntS cannot augment or diminish IT,
not more than probable that with
u" enormous premium offered for its
mining tn, cupIdity OF man would
mako an Ovcr-Rupply continuous, with
IN" necessary result OF Il steady de-
Hfr!hiinn NJ long M the silver dollar
,puid be Kept In circulation at nll2 Un-
Yer the laws OF finance. which arc lS
"&tu uB those OF any other science, tine