Marble Hill press., 1896-05-07
GOLD REPUBLICANS.
WALL STREET AT LEAST WILL
CONTROL CONVENTION.
Masses of the West VIII Join Demo-
Gratis and POpulistS at st. Louis-The
Eastern aud West erf Stats Platforms
So Far Adopted.

Two weeks ago The National BimetaI-
fist discussed the republican platforms
OF Ohio, Iowa and Kansas so far as
they had any bearing upon the money
question
Kansas trusting biinnly 10 the Ma
tional Republican Convention, Iowa
swallowing anything and everything in
the name of Allison, and Ohio present
ing a ridiculous straddlc, rendered
positively grotesque by the oyerdrawn
rhetoric in which it vas clothed. made
picture of weakness that should cause
every true republican --4e to tingle with
shame.
Since then the republicans of New
York ana Massachusetts have spoken.
Whatever may be said of the sound
ness of their financial policy, their plat
form declarations at least have the
merit of frankness, and are without
equivocation for gold.
The New York declaration is as fol-
lows:
The agitation for the free coinage
OF silver at the ratio of Is to | seriously
dlsturbs all industrial interests and
calls for clear statement of the re-
publican attitude upon this question, to
the end that the trade of this country
at home and abroad may again be
placed upon a sound and stable founda-
tion.
I'VE recognize in the movement for
the free coinage of silver an attempt to
degrade the established standard
OF our monetary system, and hence a
blow to public and private credit at
once costly to the national government
and harmful to our domestic and for
eign commerce.
Until there is prospect of inter-
national agreement as to silver coin
age. and while gold remains the stand
ard of the United States and of the civil
lied world, the Republican party of
New York declares itself IN favor of the
firm and honorable maintenance of the
standard"
That of Massachusetts is almost iden-
tical, except that it is little more
strongly in favor of the national banks:
I'VE regard the silver agitation as
hurtful to business and destructive of
confidence, and, as has been recently
shown, hostile to all tariff legislation
designed to give protection to our in
dustries and revenue to our treasury.
We are entirely opposed to the free
and unlimited coinage of silver, and to
any change in the existing gold stand
ard, except by international agreement.
Each dollar must be kept as good as
every other dollar. The credit of the
United States must be maintained at the
highest point. so that it cannot be ques-
toned anywhere, either at home or
abroad. Every promise must be rigidly
kept, and every obligation redeemable
in coin must be paid in gold
I'VE are opposed to the unsound and
dangerous system of state banks. We
support the national banking system,
and believe that it should be so amend
ed as to give room for expansion and
opportunity to meet the demands of the
growing business and population of
the country"
Not only this, but the candidates
named as their choice can be safely re-
lied upon to stand squarely by the plat
form declaration.
All of Morton's S instincts are upon the
side of wealth, while Reeds environ
ments are such that he cannot oppose
it, if he would.
1t will be observed that these enun-
Citations in favor of gold are not even
veneered with the thinnest coating of
bimetallism.
The New Workers are in favor of
maintaining the gold standard until
there is prospect of international
agreement as to silver coinage"
Massachusetts is entirely opposed to
free and unlimited coinage, and to any
change in the existing gold standard,
except by international agreement"
Neither suggests the slightest proba-
bility of such an agreement, any de-
sire for one, or any intention to try to
bring one about. So they are clear-cut,
fiat-footed, unqualified declarations for
the gold standard
Twenty-three years ago that standard
was fastened upon the people of the
United States and large part of
Europe. Almost Immediately prices
began total, business depression began.
and there was an almost universal cry
of hard times. Some classes in New
York and Massachusetts, (the money
lenders, and business men occupying
positions of exceptional advantage)
have prospered; but with the great
army of toilers and producers, there has
been scarcely glimmer of sunshine.
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