The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1896-06-05

combinations OF capital as dangerous to
the welfare OF our people and fraught
with disaster to. our institutions.
~. We are opposed to McKinleylsm,
whLSh proposes ITO tax the poor man
for the benefit OF the trusts and capital
lists, and we favor tariff tax for reve-
nue. limited ito the necessarce,s of AN
economically administered governments.
and adjusted 80 as 80 throw its burden
most lightly upon the great producing
classes OF our country.
''3. We oppose the Republican, panty
because, whilg profetztng to protect our
laborng men and mechanics they are I'm
practice flEErg their mines and factories
With pauper labor from Eutope, foreian
to our laws, and language and to our IN
stitutions. We point to the fact shat
that party was the author of all the arts
of firance legislation which sttmuna ted
the panic and brougiat on hard times
to the country. and that st mas utterly
failed to suggest any scheme Of relief.
~. 1t is the unwrltten law of this
Republic established by the custom and
usage oil 100 years and sanctioned by the
example of the greatest and ws;est of
those who have founded and maintained
our government, that no man should be
eligible to a, third term in the Presiden-
tal office.
"5. We denounce as false and slander-
Gus the chares mads' by the Republi-
SotiS ebeSSiHSl luc IeIHOCTalS. aS the
reasonS which ac.uated the General AS
st.nbiy in submitting to the people the
QUESTION: of holding a constitutional con-
N;ntion. We point to 'the public school
system, TO the settlement of the debt.
and to the good will that exists among
all the different races and sections of the
Commonw, alth as evidence OF the wis-
dom OF Democratic rule.
q. We are for sound money. the
soundesu that the world has ever had
or can have, the morey of our consii-
tuition. the money OF thu people, the
money of civilization rhrough the ages
past and destined to be such. as we be-
lieve for ages to come. This sound money
should consist of Silver and gold. and
of paper redeemable in silver or gold al
the option Of 'the' payer, the units of the
whole n.ass TO be kept a; parity by coin
age rights and euual legal tender func-
tion. the only method by which the par
ity Of the two metals has besn continu-
ously and successfully maintained
.. we hold 10 the use of both gold
and silver as she standard momy of the
country and TO the Coinage of both gold
and silv;r without discriminating
against either metal or charge for mint
age. The immediate and comple,i res
toratfon of The 'bi-metallism of money
which existed IN Che United States from
1893 to 1873 is. In our opinion. demanded
by tho interests OF commerce. manufac-
ferinS from the great fail of prices and
the consequent embarrassment and
bankruptcy of those, engaged thi:rein.
and in order SO to restore It, we deem
the fuh and unlimited coinage of both
silver and gold az tbs, ratio of 16 to l
without waiting for the ass=nt or con-
currence of any other nation. 1t cannot
be tha; this great nation the foremost
OF the earth In riches In power, Is unable
to form financial system of It's own
and while VIZ, would welcome an inter
national agreement that would settle the
VeXed question. we ara unwilling to defer
action or make ths interest of our own
people dependent upon the course of
othSrs.
I'VE warn our countrymen that until
silver be upheld as money of n:demp-
t1on and sustained at parity with gold
by equal privileges at the mint and by
equal legal t5nder function. further
contraction of the 'curn>ncy and the fur
ther accumulation of public Indebtedness
will be inevitable. We have four dollars
less pr capita In circulation now than
we had In November, 1898, whsn the
Sherman law was repealed, and in the
preser: strained condition OF our re-
sources, the deficits of nsvenue and the
rail- of prices further cont action of
money and accumulatiE,y Of debt would
paralyze business. lower wages and
bring upon the country widespread panic
eA'iN S''i' " h-ISpS INSTRUCT iii OI sle
delegates from Virginia to the National
Democratic Convention at Chicago 10
vote for the platform declaring for the
free and unlimited coinage OF silv:r and
gold at the ratio Of lG 10 l. and for can
didates for President and Vics-Presi-
dent who openly advocate that princi-
pie"
The report submitted by the minority
members of rht Committee on Resolu-
tlons makes thl:se declarations on f.
nance:
I'VE demand that the volume of our
currency shall be commensurate with
thgrowing population and business de-
velopment of tine country; that every
dollar of gold and silver put in circula-
tion shall be OF equal intrinsic and ex-
changeab bic value and that the presen.
gold standard of value shah be maintain
ed; ra!fther deprecated by legislation.
because thereby the earnings Of labor
and the producer would be. lowered and
creditors defrauded: nor 80 appreciated.
because thereby debyors would have their
bu: denS augmented and the value Of all
forms Of w5alth except money be greatly
lessened. We hold to the use of gold and
silver and the coinagu of every dol
lar of both metals as long as their parity
can be maintained. VIZ are unalterably
opposed to the free, independ mt and un-
limited coinage of silver by fhis govern
ment al THE ratio OF l6 TO J. or at any
othr. without an agreement with the
leading nations of the world In gegard
4 n n