The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1896-09-05
THIRD MAN IN THE RAoE.
Senator John Palmer Of Illinois Dem.
ocratlc Sound Money Candidate
eAeral Backner Of Kentucky
for Vice President,

The Sound Money Democrats met at
indianapolis, Sept. 2 in national CON
Vention. FortY-two states were repre-
sented and 1874 delegates were in at.
tendence, The convention vas one Of
the most enthusiastic held this year
second only in ardor to the Chicago
event. A large number of the old Demo.
cratic war horses were In evidence and
relieved their pent up spirits with some
OF the finest oratory ever delivered.
On the second day of the meeting,
Senator John NJ Palmer, of Illinois,
was nominated for president and Gen
eral Simon Boliver Buckner, of Ken
lucky, received the nomination for
vice president, The committee on
resolutions had rot reported fully up to
last accounts. Following is the finan
clal plank: "The experience of man.
Kind has shown that, by reason of their
natural qualities, gold is the necessary
money OF large affairs, commerce. and
business, while silver is conveniently
adapted to minor transactions and
most beneficial. The use of both to-
gether can be insured only by adoption
OF the former as the standard of none
tary measurement and maintenance of
silver at a parity with gold by its
limited coinage under safeguards of
law. Thus is the largest possible en-
joyment of both metals gained with
value universally accepted throughout
the world, which constitutes the only
practical currency, assuring the most
stable standard and especially the best
and safest money for all who earn a
livelihood by labor or the products of
husbandry. They cannot suffer when
paid in the best money known to man,
but are the peculiar and most defense
less victims of a debased and fluctu-
atlng currency which offers continued
profits to the money changer at their
cost. Realizing these truths, demons
trated by long public inconvenience
and loss, the Democratic party, in the
interest of the masses and equal justice
to all, practically established the legis.
lation of 1884 and 1868 with the gold
standard money measurement and
likewise directly divorced the govern
ment from banking and currency issue.
To this long established Democratic
policy we adhere and insist upon main
tenance Of the gold standard, and of
the parity Herewith of every dollar
issued by the government, and are
firmly opposed to the free and I'M
limited coinage of silver and to com.
pulsory purchase of silver bullion. But
we denounce also further maintenance
of the present costly patchwork cur
renoy as a constant source of injury
and peril. We assert the necessity Of
such intelligent currency reform as will
confne the government to its Legitimate
functions completely separated from
the banking buriness and afford to all
sections of our country uniform, safe
and elastic bank currency under gov
eminent supervision, measured in
volume by the needs of business"
Ex-Congressman W, d, Bynum will
have charge of the campaign and
promises that it shall be a hot one
The strength developed in convention
by the sound money men indicates
clearly that the Democratic party is
split in two very near the middle.