Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1896-07-15
HOBART ACCEPTS.
TIE Republican Candidate for Vice Presi-
dent Receives Formal Notification of His
Nomination and Replies Thereto.

Nomination and Replies Thereto.
PATERSON, n. j., July s. Flags were
displayed from nearly every house in
the city Tuesday in honor of the visit
Of the committee which notified Gar
rett A. Hobart of his nomination for
the vice presidency on the republican
ticket The committee of notification,
of which Charles w. Fairbanks, of In
dianapolis. is chairman, arrived at Pat
erson at IL o'clock The members of
the committee drove at once to Mr.
Hobart's house. Mr. and Mrs Hobart
stood in the hallway and received the
committee. headed by Chairman Fair
banks and wife.
There were about 5000 persons in
front of the house at the time. At
noon Mr.. and Mrs. Hobart went out on
the piazza and Mr.. Fairbanks came out
and made his address. Mr.. Hobart
then made his reply, as follows:
Mr.. Chairman and Gentlemen OF the Commit
tee:
beg TO extend to you my grateful acSnow!-
edgmentS for the very kind and natterioS
terms In which you convey the formal an
nouncement OF my nomination for vice presi-
deaf OF the United States by the republican
national convention at ST. Louis 1 am pro-
fouEdly sensible OF the honor which has been
all my life has been spent. In my selection as a
candidate for this high ONCE appreciate IT
the more because IL associates me-in a contest
which involves the very gravest issues-with
one who represents in his private character
and public career the highest intelligence and
best spirit OF his party and with whom my per-
sonal relations are such as 10 AFFORD n guarantee
OF perfect accord in the work of the campaign
which lies before me
1t is sufficient for me to say ut this time that.
concurring without reserve in AL the declara-
lions OF principle and policy embodied In the
St Louis platform i accept the nomination
rendered me, with fun appreciation OF its
responsi Utilities and with an honest purpose in
the event that the people shall ratify the choice
made by the national convention to discharge
any duties which may devolve upon me with
sole reference TO the public good.
Let me add that IL will be my earnest effort in
the coming campaign to contribute in every way
possible to the success OF the party which we rep
resent and which 10 the important issues OF
the time stands for the best interests OF the peo-
pie. Uncertainty or instability to the money
question involves most serious consequences to
every citizen Of the country. The gravity of
this question cannot be overestimated There
can be no financial security, no business sta
bility, no real prosperity where the policy of
the government as to that question is AT all a
matter OF doubt Gold i the one standard of
value among all enlightened commercial ma
lions All financial transactions OF whatever
character, all business enterprise. all indiyid-
ual or corporate investments are adjusted to
it. An honest dollar worth 100 cents every
where cannot be coined out OF SO cents worth
OF silver plus n legislative fiat.
Such a debasement of our currency would
inevitab bly, produce incalculable loss appalling
disaster and national dishonor. 1t Is a funda-
mental principle in coinage recognized and fol-
lowed by American statesmen and never vet
departed from. that there can be only one basis
on which gold and silver may be conc rrently
coined as money and that basis is equality, not
in weight but in the commercial value of the
metal contained in the respective coins This
commercial value is fixed by the markets OF
the world, with which the great interests OF
our country are necessarily connected by innu-
merable ties which cannot be severed or ig-
nored. Great and self-reliant as our country
Is, 1t Is not great alone within its own borders
and upon its own resources but because it also
reaches out to the ends OF the earth in all the
manifold departments of business exchange
and commerce and must maintain with honor :
standing and credit among the nations of tho
earth.
The question admits of no compromise 1t Is
vital principle Mt stake but IL is in no sense
partisan or sectional Ours, as one of the fore
most nations, must have monetary system
equal to the best. 1t is OF vital CONSEQUENCE
that this question should be settled now in
such way as to restore public confidence
here and everywhere, in the integrity of onr
purpose. doubt OF that integrity among the
other great commercial countries OF the world
VIII not only cost US millions of money but
that which as pat riots we should treasure stilI
more highly-our industrial and commercial
supremacy
MY estimate OF the value OF a protective pol
ICY mas been formed by the study Of the object
lessons OF great Industrial state extending
over period of 30 years 1t is that protection
not only builds up important industries from
small beginnings, but that those and all other
industries flourish or languish in proportion as
protection Is maintained or withdrawn 1 have
seen it indisputably proved that the prosperity
OF the farmer. merchant and all other classes
or citizens goes hand in hand with that OF the
manufacturer ana mechanic. am firmly per-
suaded that what we need most OF all TO re-
move the business paralysis that afiicts this
country Is the restoration OF a policy which
while anording ample revenue 20 meet the ex-
rense> OF the government will reopen Ameri-
can workshops on full time and full-handed
with their operatives paid good wages in hon
est dollars. And this can only come under n
tarin which will hold the interests OF our own
people paramount in our political and CONNER
cal systems.
inc opposite policy, which discouragcs Amer
lean enterprise. reduces American labor m
likeness. diminiSheS the earnings OF Ar,erfcor
Worklngmcn. opens our markets to commodi-
tleN from abroad which we should produce Mt
nome. while closing foreign markets orains.
our products. ana which at the same time
steadiiy augments the Tublic debt increasing
the public burdens while diminishing mo
apiliiy OF the people 10 meet them is n polfcyy
which must ind its chief popularity elsewhere
than among American citizens / shall take
an early opportunity, gentlemen Of the CONF
mlttce. through YOU % coramunicat, to my
fellow-citizens with somewhat more Of detail
my views concerning the dominant question.
on the hour and the crisis which confronts us
as "A nation. ms u'
When Mr. Hobart had concluded his
speech the band struck mn "See tho
Conquering Hero Comes and the com
mittee applauded.
Found Dead in Front OF His HON.