Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-04-25
Gold Advocate Answers Champion
of Peoples Money.
THE CHICAGO PLATFORM
Tho Wall street Magnntc Phys IsIs
cs JcHcrsOu's Teachings nv Infer-
protcd by MIR. Bryan ma Sets
Forth sIis Position with Kcrcr-
encc TO Taxing Incomes.
New York, April 20.

New York, April 20.
Hon. w. ]. Bryan:
Dear Sr,-The dispute we are in over
the Chicago platform was not begun by
any word or wish OF mine. You were
invited to dine with the Democratic
Club on the anniversary of Jeffer-
sons birthday, which the club has
heretofore celebrated. Instead of ac-
copting or declining the invitation, You
asked my present opinion of the Chi
cage platform of three years ago. l re-
piled for the club that individual opin-
ions had nothing to do with the invl-
tation. Thercupon YOU sent to me
personal letter describing me as Il Re
publican masquerading as a Demo-
crat, as unfit to celebrate the anniver-
sary of Jeffcrson's birthday because
condemned the Chicago platform and
your candidacy, and altogether display
ing an undisguised intention to be Of
fensive while ostensibly answering
dinner invitation.
Had more considcra ton been given
TO your accusation you would have
seen that those who cndeavor TO per-
suadc tho Democracy to use the more
or less discarded inventions of Rcpub-
leans arc the masuucraders, and not
those who stand in the old paths hal
lowed by the footsteps Of Jefferson,
Madison ana jackson.
TOPUILSM ONCE REPUBLICANISM
Influence of popuism over the Demo.
cratic party is to be condemned be-
cause the Populsts promote rcputlia-
lion of debts by advocating the issue
oil government unlimited. unrcdecmabl,
1uii legal tender paper dollars. Popu-
ism assaile not only wealth organized
In the hands of corporations, syndicatcs
and trusts. which when so held is too
often INSCRIPTIONS. corrupt and on
PresSIVe. but Populsm goes farther:
IT assaiis wealth in the hands of indi-
Viduals honorably acquired and used.
salaries and wages.
REPUBLICAN FINANCIAL. RECORD
Republicans created the National
I'ahkins system and by a 10 per cent
tiN on the circulation OF notes of State
BANKS which tax was not laid for roy
enuc, drove out of existence all State
institutions Issuing bank notes. which
issue Democratic Supreme Court had
decided was their constitutional right
ne democratic National Convention
OF lS92 urged the repeal of that tax.
Republicans in Congress put an end
in 1919 10 free bimctaliic coinage
>, Republicans, led by Sherman in the
treasury and Allison in the Senate. i'm
1919 substituted for BANDS restoration
oi free bimetallic coinage, which had
passed the House, the Allison law nu-
thorizinE the Treasury to purchase sill
Yer bullion in limited quantity and TO
com IL only Tor the government into
fuil legal tender silver dollars. Under
this influence silver parted commune
gold 'lhan hA 4
Yer bullion was $l.15; now il is less Than
80 cents.
Republicans. led by President IIarri
son, in 1870 rc-opcned the silver uues-
ton, doubled the quantity of the Trea-
sury silver purchases, intending there
by to absorb the whole American pro-
duct and lift the price of SILVER. Then
silver was $i.05 an ounce.
H1METALIISM AND INTRINSIC
PARITY. TIE DEMOCRATIC
POLICY IN 1892.
II was the Democracy of New York
winch denounced the Sherman silver
legislation as "c0W0TCI1v n,akcshjFT1
a phrase so apt and true that 1t was
adopted by the Democratic National
Convention which made the goal Of
Democratic effort:
/. Repeal of the sherman silver law
OF 1880. which repeal YOU resisted in
Congress by speech ana vote.
?. The use of both gold and silver n
standard money.
3 Coinage Of both metals without dis
elimination against either.
=. The dollar units of coinage equal in
intrinsic and eXchangeablc value
.. That value to be adjusted in oro
OF two ways, 10 wit: either by interna-
tional agreement or by such SAFE
guards OF Congressional legislation as
VIII insure 40
3. The maintenance OF the parity Of
metals. no
every dollar at all times in the marlscts
ana IN The payment OF all debts.
IN the law repeating the Sherman sill
r@r enactment Congress inserted Inc
substance and legal effect OF the Dem
tom of bimetailis!m" was thus pro,iai,n.
ca by Congress TO be the object of The
United States. ana the only esseutja;
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