The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-10-12

Tie Demo ,rats OF Ohio In convention 90.
semblsd rcafhrm and lndorse the declafa.
tlon Of principles contained In the platform
adopted by the Democratic party In national
convention at Chicago In 1890. which plat.
form declares the money question para
mount to oil others at this time, and u 40
follows:
We Invite attention to the fact that ths
constitution nanles silver and gold together
as the money metals of the United States.
and that the first coinage law passed By
congress under the constitution made the
silver dollar the money unit, and admitted
gold to free coinage at q ratio based upop
the silver dollar unit.
We declare that the act Of 1879. domone.
tizing silver without the knowledge or ap-
proval OF the American people has resulted
In tue appreciation OF gold. and q oorre-
spending fall In the prices OF commodities
produced by the people; a heavy Increase
In the burden OF taaxtion and of all debts.
public and private; the enrichment Of the
money y-lending class at home and abroad,
the prostrailon OF Industry, and impoVer-
lshment Of the people.
We are unalterably opposed to mono
metallism, which has locked fast the pros
perity OF an Industrial people In the par
alysis OF hard times Gold mono metallism
is a British policy. and Its adoption has
brought other nations into financial servi-
tuue 10 lOnuon' IL is NOT oiity uH-Amer"
can, but anti-American, and II oan be fas-
tened on the United States only by tse
stifilng Of that spirit Of love of liberty
which proclaimed our political Independence
In 17IG and won II In the war OF the revoiu-
tiou.
We demand the free and unlimited coin
age OF both silver and gold at the present
ratio OF 10 10 /. without waiting for the aid
or consent of airy other nation. We demand
tbot ofn rd GIL ~ ehan hA n
fall legal tender. equally with gold, for al
debts, public and private, and we favor
such legislation as will prevent for tho fu-
ture the demonetizat tion Of any kind Of legal
tender money by private contract
We are opposed TO the policy and prectice
Of surrcnderinR to the holders OF tho sbliga-
tions OF the United States the o/tion re-
served by law to the government Of re-
decming such obligations In either silver
or gold coin.
We are opposed TO the Issuing Of Interest,
bearing bonds OF the United States IN time
OF peace. aud condemn the traffickiRg with
banking syndicates which. In exchange for
bonds at an enormous proat to themselves.
supply the federal treasury with gold To
maintain the policy OF monometaii!sm.
Congress alone has the power to coin and
Issue money, and President Jackson De,
ciared that this power could NOT be d<ie,
gated to corporations or individuals. We
therefore denounce the Issuance Of notes
Intended to circulate as money By national
banks as In derogation Of the Constitution.
and we demand that all papef which 10
made legal tender for public and pYivats
debts or which IL receivable for duties to
the United States, shall be Issued BY the
government OF the United States and shall
be redeemable In coin.
In support OF these principles we invite
the cooperation OF all men who love liberty
and hate corruption. soprsssien and
tyranny.