The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-08-24

Tho Democrats OF Ohio In convention az.
Eembled rcaflirm and indorse the declara.
tion Of principles contained in the platform
adopted by thp Democratic party In national
convention at Chicago In 1896, which plat
form declares the money question para
mount to all others ut this time, and Is as
follows:
We invite attention TO the fact that the
constitution names silver and gold together
ms 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 a ratio based upon
the silver dollar unit.
We declare that the act OF 1873. demone-
tizing silver without the knowledge or ap.
proyal Of the American people has resulted
in the appreciation OF gold, and O corre-
spending fall in the prices OF commodities
produced by the people, u heavy increase
in the burden OF tlnxtion and OF all debts,
public and private; the enrichment OF the
money-lcndng class at home and abroad,
the prostratiou of industry, and impover-
lshment of The people.
We are unaltcrably opposed to mono
metalism, which has locked fast tha pros
perity OF an Industrial people In the par
alysl5 of hard times. Gold mono-metallism
is n British policy, and It's adoption has
brought other nations into financial servl-
luuc 10 l.OuGOn. II Is nor only un-AMerl-
can, but anti-Amcrican, and II can be fas-
tened on the United States only by the
stihlng Of TINT spirit of love Of liberty
which proclaimed our political independence
In 1II6 and won 1t In the war of the revolu-
ton.
We demand the free and unlimited coin
age of both silver and gold Mt the present
ratio Of 16 to !. without waiting for the aid
or consent of any other nation We demand
that tlp standard silver dnllnr Sllnll ha "a
full legal tender, equally with gold, for all
debts, public and private, and we favor
such legislation as will prevent for the fu-
ture the decentralization OF any kind OF legal
tender money by private contract
We are opposed to tho policy and practice
OF surrcndering to the holders of the sbliga-
tlons of the United States the o/tion re-
served by law 10 the government Of re-
deeming suoh 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 tra1icking with
banking syndlcates which, In exchange for
bonds at an enormous profit to themselves,
supply the federal treasury with gold to
maintain the policy of monometall!sm.
Congress alone has the power to coin and
issue money, and President Jackson de-
clared that this power could not be deie.
gated to corporations or individuals We
therefore dcnounce the Issuance Of notes
intended to circulate as money by national
banks as In derogntion OF the constitution,
and we demand that all paper 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 redeemable In coin.
In support Of these principles we invite
the cooperation OF oil men who love liberty
and hate corruption, oppression and
tyranny.