The Dickinson press., 1896-07-11
HE KNOWS VOW.
The connittee Notiaes Candidate
= Hobart Of His Nomination.

The Committee NOtlAe0 Candidate
= Hobart of His Nomination.
Paterson, N. j., July 0. = The COM
, mittee appointed by the national Re
publican convention ut st. Louis to no
tify the Hon. Garret A. Hobart Of lits
, nomination by the convention for vice
president of the United States, arrived
in this city this morning. A special
car conveyed the party from Jersey
City to Paterson. where they alighted
and drove to Mr.. Hohart's house in
carriages. where they were received by
Mr.. and Mrs. Hobart and number of
ladies and gentlemen. Flags and bunt-
Ing were displayed along the road to
the Hobart house, ard the greatest en-
thusiasm prevailed among those who
had assembled along the streets and
ut the house. At II O'Clock the band
stopped playing and moved to one side
of the piazza and Mr.. and Mrs. Hobart,
accompanied by several other ladies
and gentlemen, stepped out on the
porch. Charles w. Fairbanks. chair
man of the committee. then delivered
all address. notifying Mr.. Hobart of Ills
nomination. Mr.. Hobart replied in
part as follows:
"tlncertainty or instability rs to the
money question involves most serious
consequences to every interest and to
every citizen Of the country. The
gravity of this question cannot he
overestimated. There can he no finan-
cial security. no business stability. no
real prosperity where the policy of the
government as to that question Is all Il
matter of doubt. Gold is the one stand
ard of value among all enlightened
commercial nations. All financial trans
actions of whatever character. all bus
mess enterprises. all individual or cor
por:ltc investments are adjusted to it.
An honest dollar. worth 100 cents ev-
erywlerc. cannot be coined out of 53
cents worth of silver. plus a legis-
lative fiat. Such a debasement of our
currency would inevitably cause in
calculablc loss. appalling disaster and
national disllon0r. 1t is IL fundamental
principle in coinage. recognized and
followed by all the statesmen of Amer
ica in the past. and never yet safely
departed from. that there can be only
one basis upon which gold and silver
may he concurrent)y coined as money,
and that basis is equality. not in
weight, but in the commercial value
of the metal contained in the respec-
tive coins. This commercial value ia
fixed by the markets of the world
with which the great interests of our
country are necessarily connected by
innumeable business ties. which cam
not he severed or ignored. Great and
self-rcliant as our country is, it is great
not alone within it's own borders and
upon its own resources. but because 1t
also reaches out to the ends of the
earth in all the manifold departments
of business, exchange and commerce,
and must maintain with honor its
standing and credit among the nations
Of the earth.
My estimate of the value of pro-
tcctive policy has been formed by the
study of the object lessons of great
oil of thirty years. 1t is that prOtec-
ton not only builds up important in,
dustries from small beginnings, but
that those and all other industries
flourish or languisN in proportion as
protection is maintained or withdrawn.
have seen it indisputably proved that
the prosperity of the farmer. merchant
and all other classes of citizens goes
hand in hand with that of the manu-
facturer and mechanic. am firmly
persuaded that what we need most
of all to remove the business paralysis
that affects this country is the restora-
ton of IL policy which. while affortling
ample revenue to meet the expenses of
the government. will reopen American
workshops on full time end full-hanl-
ed. with the operatives paid good
wages in honest dollars. And this can
only come under a tariff which will
hold the interests of our own people
paramount in our political and COM
mercial systems"