The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1897-07-30
The PlatfOrm.

The Democrats OF Ohio In convention a..
sembled rcafIlrm and lndorse the declara.
Cion of principles contained In the platform
adopted by the Democratic party In national
convention at Chicago In 1896, which plat
form declares the money question para
mount TO all others at this time, and IL as
follows:
We invite attention 10 the fact that the
constitution names silver and gold together
ns the money metals OF the United States,
and that the first coinage law passed by
congress under the constitution mado the
silver dollar the money unit and admitted
gold to free coinage at ratio based upon
the silver dollar unit.
Wo declare that the act of 1873, demono.
tl2ing silver without the knowledge OF ap-
proval of the American people has resulted
In the appreciation OF gold, and q CORE
spending fall 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-lendlng class AT home aud abroad,
tho prostraIion OF Industry, and lmpoyer-
ishment of the people
We arc unaltcrably opposed TO mono
metalllsni, which has locked fast the pros
perity OF an Industrial people In the par
alysis Of hard times. Gold mono-metallisIn
Is British policy, and its adoption has
brought other nations Into financial servi-
tude to London. II Is NOT only un-Aneri-
tened on the United States only by the
stihlng OF that spirit of love Of liberty
which proclaimed our political Independence
IN 177G and won II In the war OF the rovolu-
tion. f
We demand the free and unlimited coin
age Of both silver and gold Mt the present
ratio OF IL 10 ]. without waiting for the aid
OF consent OF any other nation We demand
that the standard silver dollar shall be o
full legal tender, equally with gold, for all
debts, public and private. and wo favor
such legislation as Will prevent for tho fu-
turo the decentralization OF any kind OF legal
tender money by private contract.
We are opposed to the policy and prgctice
Of surrendering to the holders Of the obliga-
lions OF the Unlted States the o/tion re-
eerved by law to the government 81 re-
deenning such obligations In either silver
OF gold coin,
We are opposed TO the Issuing OF interest
bearing bonds OF tho United States In time
OF peace, and condemn the traillcklng with
banking syndicates which, In exchange for
bonds az an enormous proat TO themselves.
supply the federal treasury with gold TO
maintain the policy Of monometall!sm.
Congress alone has the power TO coin and
lssue money, and President Jackson de-
clared that this power could not be dele
gated 10 corporations or Individuals. We
therefore denounce the Issuance Of potes
Intended 10 circulate Us money by national
banks az In derogation of the constitution.
and we demand that all paper which Ia
made legal tohder for public and private
debts or which Is receivable for duties 10
the Unlted States. shah be Issued by the
government OF the United States and sha.l
be redepmable In coin.
In support OF these principles we invite
the cooperation OF ali men who love liberty |
and hate corruption, svDSsssion AID
tyranny. 4. --..----.