The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1896-06-22
NO CAUSE FOR THE BOLT.
Foraker Says the St. Louis Conven-
ton but Reiterated Old-Time
Principles.

Principles.
CINCINNATI. OHIO, June 21.-The Nc
Kinley and Hobart ratification meeting at
Music Hall last night was under the aus
pices OF the Stamina Club. In speaking
OF the platform adopted at st. Louis, SEN
stor Foraker had this to say in regard to
the financial plank:
1t has constantly and repeatedly been de-
clared by both parties that bimetallism was
desirable in preference to gold or silver mono
metalIsm. Both of the parties have agreed
that We could maintain the parity of the two
metals and bring about bimetallism again by
an international agreement. Some people
have insisted in the meanwhile that if we could
not do ii that way we could do it alone with
out regard TO what other nations might see
fit to do. The Republican party has con-
stantly, consistently and persistentIy stood up
against that idea.
Four years ego, when we held the conven-
ton at Minneapolis it was my fortune to
be the chairman OF the committee on reso-
buttons, as was at the ST. Louis convention,
and it was my fortune to be associated on that
committee with Senator Teller. He and his
associates from the silver States came to that
convention and came before that committee
asking US to insert plank pledging the Re-
publican party to the free coinage of silver.
We refused TO do it. We declared that we
were in favor of International bimetallism,
but that until that was brought about it would
be cur policy TO maintain silver at parity
with gold by issuing no more of it than could
be maintained at parity with gold.
They accepted the result and remained in
the Republican party. They did not feel called
upon to go out of the party then; their con-
sciences did not seem to trouble them so much
ba 1ac nf
gress commenced, as a result of the Demo-
cratic free-trade experiment, the Government
was found to have deficient revenues--not
enough revenues TO meet its current expenses.
bill was prepared in the House and passed
that body without partisan division, almost
providing for an increase OF revenue. That
bill was known as the Dingley bill. 1t went
to the Senate. The National credit, the Ma
tionaI honor, the National life was at stake.
These gentlemen said the bill was unobjec-
tionable, but they refused to vote for it Chat
is, six of these gentlemen from silver States
dfd) unless the great majority of those who
did not agree with them would sacrifice their
convictions and vote for the free, unlimited
and unrestricted coinage OF silver. The great
majority in the Senate would not be coerced
by that minority.
That action upon the part of these people
directed the attention TO that subject as it had
we met at ST. Louis conditions we're ripe, not
for different stand to be taken by the Repub-
licans, but for more explicit declarations OF
our principles than we had heretofore made,
and inasmuch as they had thrown down the
gage of battle by demanding free silver and
| seeking to coerce US to accept, we concluded
it was a good time to meet them half way,
join issues and let the battle come.
To conclude with word, the point l was
seeking TO make was this: That when Senator
Teller and his associates bolted the party al
the St Louis convention they had no cause for
it Whatever that did not exist four years before
| at the Minneapolis convention, and when the
Republican party made the declaration it did
make at st. Louis it did not change its position
one particle, but simply made it absolutely
certain in order that there could be a settle.
| ment OF that question-that the free and indie
pendent and unlimited coinage of silver is q
proposition that we will not entertain. We
| will not entertain it because in our judgment
1t does not, as Senator Teller and his associates
claim, mean bimetallism, but simply silvsr
| monometallism.