The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-10-19

Tile Demo ,rnts OF Ohio In convention %.
semblsd eaffrm and indorse the dsclara.
tion 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 all others at this time, and Is a.
follows;
We Invite attention 20 the fact that the
constitution names silver and gold together
as the money metals Of the United States,
and that the nrst coinage law passed BY
congress under the constitution made the
silver dollar the money unit, and admitted
god to free coinage at q ratio based upon
the silver dollar unit.
We declare that the act OF 1873, demono.
tlsing silver without the knowledge or ap-
pToval of the American people has resulted
In the appreciation OF gold, and n CORE
spending full In the prlce1 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-endlng class at home and abroad,
tho prostration OF industry, and lmpover-
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
alysls Of hard times. Gold mono o-metallism
is British policy, and Its adoption has
brought other nations into financial servi-
tuue 10 iIOuuOns IL ~ uVt OHty un-AmtEt-
can, but anti-American, and 1t can be fas-
tened on the United States only by the
stlflng of that spirit Of love Of liberty
which proclaimed our political independence
In 17T0 and won 1t In the war Of the revoiu-
tion.
We demand the free and unlimited coin
age Of both silver and gold at the present
ratio Of 10 to 1, without waiting for the aid
or consent of any other nation. We demand
thot h0 ctr ma ri ell AnIlnr ebnn IA a
full legal tender, equally with gold, for al
debts, public and private, and we favor
such legislation as will prevent for tho fu-
turo the cmonetization OF any kind Of legal
tender money by private contract
We are opposed to the policy AND prsctice
Of surrenderlng to the holders OF the obliga-
tions OF the United States the o/tion rc-
served by law to the government Of re-
deemlng 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, and condemn the traff1ckina with
banking syndcates which. In exchange for
bonds at an enormous proat to themselves,
supply the federal treasury with gold to
maintain the policy Of monometallism.
Congress alone has the power to coin and
Issue money, and President Jackson de-
clared that this power could not be dele
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 wo demand that all papef which Is
made legal tender for public and private
debts or which Is receivable for duties to
the United States, shall be Issued by the
government Of the United States and shall
be redeemoble In coin.
In support of these principles wo Invite
tho cooperation OF all men who love liberty
and hate corruption, oppression and
tyranny.