The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-13
ONO AND IOWA.

oiaAO--At4J ~ ~ -
Our dispatches yesterday gave full
reports of the proceedings and declara-
tons of the Republican state conven-
tions of Ohio and Iowa, the former of
which enthusiastically pledged itself
for Mckinley for president of the
/ United States and the latter for Alli-
son. or course the chief interest in
the declarations of these conventions
/ centres in the financial platform an
nounced. as in each case the declara-
ton of these state conventions repre-
} sents the attitude of the respective
candidates they place before the coun-
! try. 1t is said indeed that the Ohio
/ financial plank was written, or at
least dictated by Mckinley himself.
/ We are of opinion that it will not be
very satisfactory either to the east
or the west as It is one of those
declarations that may be interpreted
to mean something, nothing or every
thing. This is it;
We contend for honest money: for a
currency of gold, silver and paper, with
| which to measure our exchange that
/ shall be as sound as the government
and as untarnished as its honor; and
/ to that end we favor bimetallism, and
| demand the use of both gold and silver
as standard money, either in accord
anCe with ratio to be fixed by an inter
national agreement, if that can be OBJ
tanned, or under such restrictions and
such provisions to be determined by
| legislation, as will secure the manten-
ance of the PARTIES of the values of
| the two metals, so that the purchasing
and debt-paying power of the dollar,
whether of silver, gold or paper, shall
be at all times equal.
The men must be hard to please who
cannot get anything they want out of
that Single gold standard. that is,
honest money; bimetallism, either with
or without international agreement
1t should be followed with q postscript
saying if you don't find what you want
in this plank ask for it.
The declaration made by the Iowa
convention is not more satisfactory
than this one adopted in Ohio. It is
different in form in that it comes as
an endorsement of Mr.. Allison's record
on finance and an expression of conf
dence in his ''resourcefulness and con-
structiveness" in dealing with the
question. But let it speak for itself:
If the dominant issue is to be finance
then no man in the nation has a
greater reputation for financial re-
sourcefulness and constructiveness and
soundness, q, fact conspicuously recog
nized by the pressure of Presidents
Garfield and Harrison upon him to
take the portfolio OF the treasury in
their respective administrations. He
has been favorable to a true bimetal-
lism and he has at all times labored to
maintain an abundant currency of
gold. silver and paper. made inter
convertible and equal to the best cur
rency of the commercial world He
has demanded for the business of the
nation a currency equitable and stable,
free from the oscillations so dangerous
to business interests and so unjust to
the wage earners of the nation. whose
thousands of millions of annual wages
any many thousands of millions of
credits in savings banks and other
forms, constitute them the great credi-
tor class of the nation
AS blanket provision this, perhaps,
is equal to the Ohio plank on the same
subject, and like that is to be admired
for the beauty of it's indefiniteness. If
these declarations in the two prominent
Republican states. virtually putting in
nomination what may be regarded as
the two foremost Republican candi-
dates for the high Office Of president of
this country-if these foreshadow what
is to be the declaration of the ST
Louis convention then the Republican
policy on the question of finance is to
be another contemplate straddle
There is nothing manly, honest or
straightforward about it and our west
ern Republican friends may as well
make up their minds to the fact that
they can neither force plain declara-
ton in favor of free coinage of gold
and silver, nor work the linking to-
gether of free coinage and protection.