The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-10-26

Tile Demo rats Of Ohio in convention as-
sembied rea firm and indorse the declura.
tion Of principles contained In the platform
adopted by the Democratic pRrty In national
convention at Chicago IN 1856, which plat
form declares the money question para
mount to all others at this time, ond IL as
follows:
We invite attention TO the fact that tbs
constitution names silver and gold together
as the money metals OF tho 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 ratio based upon
the silver dollar unit. a
We declare that tho act Of 1873, demcne-
tizing silver without the knowledge OF np.
proval of the American people has resulted
In the Appreciation Of gold, md CORE
spending full In the prices of commodities
produced by the people; heavy Increase
In the burden OF taaxtion and Of all debts,
public and private; the enrichment Of the
money-lendng class at home and abroad.
tho prostration OF Industry, and impover-
ishment of the people.
We are unalteraby opposed TO mono
metallism, which has locked fast the pros
perty Of an induatrial people In the par
alysls OF hard times. Gold mono-metallism
Is British policy, and Its adoption has
brought other nations Into financial servt-
tude to London. 1t Is not only un-Ameri-
can, but anti-AmcricRn, and II can be fas-
tened on the United States only by the
stifng of that spirit of love Of liberty
which proclaimed our political independence
in 17T0 and won II 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 /, without waiting for the aid
or consent of any other nation. We demand
that the standard silver dollar shall be
full legal tender equally with gold, for all
debts, public and private, and we favor
such legislation as will prevent for tho fu-
ture the decentralization Of any kind Of legal
tender money by private contract.
We are opposed to the policy and prectice
Of surrendering TO the holders Of the sbllga-
tions of the United States the o1tion re-
served by law to the government Of re-
deemlng such obligations In either silver
OF gold coin,
We are opposed to the Issuing Of interest,
bearing bonds Of the United States IN time
Of peace, and condemn tho trafickiDg with
banking syndicates which, iu exchange for
bonds at an enormous pro1t 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-
ciared that this power could not be dele
rated to corporations OF Individuals We
therefore denounce the Issuance OF notes
Intended to circulate as money BY national
banks az In derogation Of the constitution.
and we 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 redeemable In coin.
In support Of these principles we invite
the cooperation Of all men who love liberty
and hate corruption, oppression and
tyranny.