Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1896-10-10
aT LOUIS FILLED WITH DI1M"-
CRATIC ENTHUSIASTS.
Vlcc President stevenson says
Cheap Money Is No Part OF hlS
Party's Teachings.

TODAY the occasion beinS the IneeilH5
o. the convention Of the democratic
clubs. The convention was called TO
order In the Auditorium. At least SUI
DELEGATES were present. President
Chauncey e. Black delivered the quad
rienniaI address. He entered into me
money question ana concluded by DC
nouncing Mark Hanna ana the money
power.
Vice President Stevenson was ntroduc-
ed and spoke as follows;
"Eelleying as l do that gold and siIY2c
ind equal recognition in the constitution
Of the United States; that by their joint
use I'm eneCting exchanges and perform
ing the other functions Of money, we
have prospered in the past, and that
the evil days now befallcn Us In no small
measure are the result of the demoneti-
cation Of silver [ have no hesitation In
maintaining my party allegiance aad
casting my vote for Bryan and SeWall,
the nominees of the democratic conYen-
ton.
II deeply regret that many of those
with whom [ have been associated IN
former contests now oppose the election
Of the candidates nominated in accord
anCe with the time-hOnOred method ana
usages OF the democratic party. WITH
out questioning their sincerity the IN
Quiry Is significant, what is there III
the attitude Of the democratic party up
on the monetary question To Justify It's
abandonment by those who have long
shared In its council and who have been
the recipients Of its rewards and its non
ors? A belief in cheap money Is no part
OF the democratic teachings. 1t Is part
OF our creed that the dollar unit OF coin
age Of both metals must be OF equai
intrinsic exchangeable value.
I'VE believe III such safeguards OF leg
islatiOn as shall insure the maintenance
OF the parity. Of the two metals, and the
equal power of every dollar at all times
in the markets and in the payment OF
debts"
After quoting the declarations of the
democratic party in the four national
conventions preceding that which nom
mated MIR. Bryan, Mr.. Stevenson asked;
rs 1t 100 much, then, to claim that III
giving support to the nominee OF me
Chicago convention, we are keeping our
faith? The charge of recreancy to par
ty does not lie at our doors.
I'VE believe that the election OF the
democratic president and congress Will
secure the restoration of silver to the
position Of standard money Of the couA-
try-that designed for 1t by the foun-
dsrs OF the government.
Destruction OF silver.
THE destruction of silver as money and
establishing gold as the unit of value
HluSl nave Il IulIluuS ClACCL OAA oil AO' AAA-
OF property except those investments
which include fixed return in money.
They would be enormously enhanced in
value, and would gain disprOportlOnate
and unfair advantage over other
species of property. No power was con-
ferred on congress to declare that either
metal should not be money. Congress
has. therefore, in my judgment, no power
to demonetize either. If, therefore, silver
has been demoneuZedI am in favor OF
accommodating It.
Il am firmly persuaded that in this
great contest we are in the right; that
the cause which we represent is that CT
the cause Of the people. We have no seri-
Gus foreign complications. with soil
scarcely equaled in fertility; with a eli
mate unsurpassed with natures choicest
gifts, so generously bestowed; with men
everywhere willing to work and ample
facilities to transport labOTs products to
the markets of the world, why this pa
ralysis? why this distress? Why should
man beg his brother Of the earth to give
him leave 10 toll? We believe that much
Of the evil that has befallen US az a Deo-
pie Is the result of the unWise, unjust
financial legislation Of the last third Of a
century, and for which the republican
party Is solely responsible. Wherein is
there promise for the future? Wherein is
there hope? VIII relief come by the
election OF Mckinley and restoration to
power OF the party at whose doors lies
the responsibility Of the Ills that we en-
dure, for the burdens that are upon us?
by it's platform, by the utterances of
those high in It's councils It stands
pledged to continuance, not a cure Of
the Ills that are upon Us. 1t promises
nothing, holds out no hope by word even
of a return to the monetary policy Of
the founders Of the goverrment--the pol
icy that for so many years brought pros
perity and contentment to all of the peg
pie / am firmly persuaded that in the
present contest the interests Of all the
people are bound in the success of the
democratic party, whose creed upon the