Pike County press. (Milford, Pa.) 1895-1925, 1896-09-04

vital constitutional principle OF the lndepend
ence Of the Judiciary.
Under the auiue Of resentlns federal inter
ference IN local Affairs 10 impnediy condemn.
the exercise Of the constitutional power OF th,
federal eHecutive 10 protect Che TRANSPORTATION
Of the mails. 70 insure freedom Of commerce,
among the several states and 10 enforce the
decree OF the federal courts when resisted b.
force and riot.
In proposing TO open the tnlnts Of the Unit
cd States TO the free e5ihsae Of silver at ths
ratio OF 10 70 whet. the relative market val
ues Of silver and gold are now In the proper
tions OF 92 70 ;, the Chicago platform threaten,
partial repudiation Of that public debt tn,
validity OF which the constitution decIarei
shall not be questioned. II reaches eli
max OF arbitrary Interference with Individual
rights when 10 seeks TO force it's debased mon
ey upon the public by forbiddinF contract
which provide for payment In any medium
more valuable than the deprecated legal ten
der which IT proposes TO establish.
RepudIate the Chicago Platform.
We repudiate the Chicago platform becaus,
IL proposes 10 su bstitute for our present stand
ard OF value, which Is equal TO the best in IN,
world an unstable and deprecated standard
which has been rejected by every civilized
and prosperous and commercial nation anc
which would put as on a monetary level with
China' Mexico and other countries where la
Dor Is notoriously underpaid.
The Chicago platform declares against gold
ironometallism and advocates Legislation
which must inevitably lead to silver mono
metallsin- It advocates a monetary system
which would offer unlimited field OF epecu
lation TO the capitalist. but would materially
reduce the purchasing power Of every dollar
paid to the wage Garner and punish honest
thrift by depreciHting the value OF every say
ines bank deposit and every life insurance pol
icy.
We heartily commend the administration Of
a a.. -. A. IL
principles Of true Democracy. His admins
tration has been efficient, honorable and eco
nomical. He deserves the thanks OF the whole
people and has earned and will receive the
praise Of grateful posterity.
We hold that II is the duty OF the govern
ment Of the United States in the exercise Of
its constitutional functions in respect to coin.
age and currency TO follow and not to forot
the preferences of the people. The gold stand
ard is monetary fact which cannot be
changed by act OF congress. In the face Of tht
long continued existence Of that standard IN
the United States and the uninistakable world
wide selection of gold In preference to silver
as monetary standard, any attempt TO tam.
per with that standard ia vicious In principle,
dishonest In practice, destructive Of confidence
and thoroughly Democratic. We are there.
fore in favor Of firm and unvarying mainte.
nance Of the present gold standard Of value SO
long as that standard continues to be a none
tary fact.
We believe that the federal government
should be directly divorced from the business
Of banking and therefore demand the repeal
Of all laws authorizing the issue Of legal ten.
der or treasury notes by the government or
the reissuinR Of such notes when they have
only been redeemed in gold. We favor the en-
actment by congress Of such legislation as will
permit the establishment Of banking curren.
oy ample in volume for the needs Of business
readily adjusting itself TO such needle abso-
lUtalv IN o.,I - al
times redeemable In gold.
We are opposed to Republican protection
We recognize In protection, by which the fed.
eral power Of taxation on imports is exercised
for the benefit Of a class, the malnstay Of
trusts, the parent OF monopoly, the fruitful
source Of the present political dangers which
threaten the nation.
The Bland Allison act Of 1873 and the SO call
ed Sherman act of 1890 were measures largely
designed to afford protection 20 the producers
of silver, and the latter act, under which from
1890 to 1893 the government OF the United
States purchased monthly 4,5O0.000 ounces of
silver, nearly six tons daily and issued treas
ury notes therefor, so threatened the national
credit and produced such distrust Of the pow.
er OF the government to maintain the standard
Of value that to Ii far more than TO any other
influence is due the business depression Of the
last three years and the consequent free silver
agitation which finds In that depression its on
ly hope of success.
As Democrats loyal to the maintenance Of
the constitution and Jealous in our support Of
the credit and honor Of oar country, we can
not indorse the candidates nominated ct Chi
cago, nor the champion Of Republican prohib-
itory protection nominated at st. Louis. We
declare therefore that the approaching con.
vention at Indianapolis should nominate on a
Democratic platform Democratic candidates,
to whom we pledge our hearty support, and
we instruct our delegates TO that convention
to use every effort to bring about such nom.