Owingsville outlook., 1896-09-10

The experience Of mankind has shown that
by rea son Of their natural qualities gold is
the necessary money OF the Large affairs OF
commerce and business. while silver Is con-
yeuientiy aiap,e to minor transactions and
the n ost hcnelc cial use of both together can
he ensured only b the ioption OF the former
rs a standard OF monetary measure, and the
maintenance OF silver at u parity with gold by
its limited coinage ua,ier suiiIbic safeguards
Of law Tins the largest possible enjoyment
of both metals is & liEed with 4 value uni
versaily acccIt'd throughout the world, whicn
constitutes the only pr"ct cal bimetallic cur
rency. assuring the most stable standard and
especially tac best and safest money for all
who earn their livelihood by labor or the pro-
duce OF husl andry.
They can not suffer when paid in the best
money known TO man, but are the most
defenseless victims OF n dcbased and huctu-
ating currency which offers continual profits
to the money changers at their cost.
Realizing these trnths, demonstrated by
long public inconvenience and loss, the demo-
cratic party in the interests of the masses and
of equal Justice to all practicable estlb-
lished by the legislation OF 1884 and
1853. the gold stand ,rd Of monetary
measurement has likewise entirely di-
yorced the government from banking
and currency issues To this long established
democratic policy We adhere. and insist upon
the maintenance of the gold standard and of
the government and are firmly opposed 10 the
free and unlimited coinage of silver, and to
| the conn ulsory purchase of silver tullion.
But We denounce also the further m .intenance
! of the present costly patchwork system of
national paper currency as a constant source
| of injury and peril
We assert the necessity OF such intelligent
| currency reform as will confine the govern
ment to its legitimate functions, completely
| separated from the bankin: business and at-
| ford to all sections of our country uniform,
safe and elastic bank currency under govern
| mental supervision, measured in volume by
| the needs of business
The fidelity, patriotism and courage with which
| President Cleveland has fulfilled his great
public trust the high character of his admin
| istration, its wisdom and energy in the main
| tenance of civil order and the endorsement of
| the laws, its equal regard for the right of
| every class and every section. is its firm and
| dignined conduct of foreign affairs, and its
| sturdy persistence in upholding the credit and
| honor Of the nation, are fully recognized by
the democratic party. and will secure to him a
! place in history beside the fathers OF the re-
| public
We also commend the administration for
| the great progress made in the reform of the
public service. and We indorse its effort to ex-
| tend the merit system still further We de-
mand that no backward step be taken, but
| that the reform be supported and advsnced
| until the unuemOCrallc spOllS system OF ap-
poiniments shall be eradicated
We demand strict economy in the appropri-
ations and in the administration of the gov
4 ernment
We favor arbitration for the settlement OF
| international disputes
We favor liberal policy OF pension to de-
serving soldiers and sailors of the United
States
The supreme court of the United States was
| wisely established by the trainers of our con-
| stitution one of the three coordinate
branches OF the government Its independ
i ence and authority to interpret the law OF the
| land without fear and favor must be main
timed. We condemn all efforts to degrade
| that tribunal or mpair the confidence and re-
spect which It has deservedly held.
The democratic party ever has maintained
| and ever will maintain the supremacy OF law
the indie pc ndence of its judicial administra
| tion the inviolability OF contract, and tho
obligations of all good citizens to resist every
| illegal trust combination or attempt agains
the just rights of property, and the good order
| of society, In which are bound up the peac,
and happiness OF our people.
Believing these principles to be essential Il