The herald., 1896-06-11
FINANCIAL NOTES

unnecessary to say anything about
quay since his trip to Canton.
FINANCIAL NOTES
The Money Question Causes Anxiety A
semi-OfflciaI Hint
! ST. LOUIS, June 10.-The financial
question is still uppermost in the minds
of the politicians in st. Louis, there
being now scarcely any possible doubt
about the question of the nomination of
the president and not very much being
said as to who the vice-president will
be. Men working on financial planks are
saying what the finance plank ought to
be. Senator Hansbrough, q member of
the national committee. in an inter-
view today said:
The convention should at least
pledge the Republican party to labor
faithfully in behalf Of an International
conference on the money question with
view to securing an agreement in be-
nalf OF permanent and settled equality
between silver and gold, and the nomi-
nee should be instructed by the conven-
ton to force the gold nations of Europe
through trade determinations in our
commercial intercourse with them to
establish bimetallism as the universal
rule. Should the Republican party take
hold OF this great question in the vigor-
GUS way 1t has heretofore settled other
great questions. the honest, conserva.
tive masses will support It heartily.
This. In my judgment, should be the
central idea in framing the financial
plank.
"All the rhetorical claptrap about
'honest dollars and parity and 'untar-
nished honor used in the construction
Of former platforms should be left out.
Every patriotic American believes in
sustaining the untarnished honor of the
country and in honest dollars and mil
lions OF voters are thoroughly satisfied
that our national honor would be pre-
served and that honesty would prevail
unoer q Just system Of bimetallism.
Inc fact Is the gold standard advocates
do not want bimetallism; England does
not want bimetallism. We have been
resolving In favor of bimetallism and
legislating in favor of the British gold
standard until distrust and discourage
ment have taken the place of patience
and toleration in the minds of the peo-
pie. In 1893 England closed the mints
OF India to silver and we repealed the
sherman law. Strange as 1t NAV an
pear these two events took place within
thirty days Of each other. It would look
very much like collusion. only we are
f1dence.'
What the people Of the United states
want from this convention is a s,Ib-
stantial promise that the Republican
party will give them genuine financial
REFORM. They know there Is nothing to
hope for under a policy which, means
more bond issues and perpetuates the
gold standard. Leading southern dele
gates with whom have talked admit
the force OF this argument, but they
answer that the Democratic party has
become.the championsof silver, and con-
sequently the Republican party must
take the other side Of the question. II
we are given straight gold plank next
week 1t will be largely through the help
Of delegates coming from statcs that
never gave Republican vote iii the
electoral college. II tha convention
makes the mistake Of approving the
English financial system. IL w.il he any
thing but a cheerful campaign for vilr
party. Our orators and party organs
may turn the eagle loose ami unfurl the
stars and stripes when advoca ting ar
American protective taria, but they
Will want a unicorn and the cross Of st.
George when they discuss the financial!
question"
The advocates Of the free and uniin,-
ated coinage of silver will hold meet
ing tomorrow to compare views and dis
cuss the proper line Of procedure when
the convention meets. The meeting will
be informal and it is expected hat it will
be attended by delegates aud national
committeeman present frorn California.
Utah, Nevada, Montana, E:hu, North
Dakota, South Dakota, Washington and
Oregon.
1t is the desire of the movers Of the
meeting, Of whom Colonel Isaac Trumbo
Of Utah Is the head, to try 10 ger united
action in be half Of the free coinage oe
silver and for positive declaration for
the protection Of wool and lead ore. all
these states being interested in one or
the other oftheSe Industries.
Colonel Trumbo says they will demand
a specific declaration for duty of eight
or ten cents pound on wool and for the
coinage of all the solver offered at the
ratio of 16 to /, without awaiting for the
cooperation of other nations. There
has been some effort to secure the CO.
operation of southern delegates In this
movement, but 1t has not SO far been
successful.
PLATFORM POSSIBILITIES
ST. LOUIS. June 10.-The following
was given out today by Richard c.
tee from Missouri. More Importance
attaches to it than to various proposed
planks on account of Kerens' recent
visit to Major Mckinley at Canton, al
though Kerens would not have 1t UNDER
stood that the proposed plank had the
sanction of Mckinley, and gave no in
timation to that effect: I'VE believe our
money SHOulu uOI DC inferior TO tno
money Of the most enlightened nations
of the earth, and are unalterably op-
posed to every scheme that threatens
to debase or depreciate our present
money standard. We favor a reasona-
BILE use of silver as currency, but such
use should be to the extent only and un-
der such well defined regulations that
its parity with gold as currency can be
easily and efficiently maintained. AS
consistent binetallists we are opposed
to Independent free coinage of silver at
a ratio of 16 to 1 as a measure fraught
with certain disaster to all commercial
interests-destructive to the interests Of
the wage-earner and in the absence of
international agreement sure TO lead
to silver monometallism."
BRADLEv'S LETTERS
The Governor Denies Assertions Of Having
Made Trouble