El Paso daily herald. (El Paso, Tex.) 1881-1901, 1900-10-17
THE GOLD
DEMOCRATS
Urged To Work For the De-
feat Of Bryan.
STIRRING APPEAL ISSUED

Heresles He Advocated In 10 81
-Destructlcn OF the Nation
Crecit and Ruin of Its indus
tries Thre atened
The executive committee of the ma
tional democrats gold standard) ha
issued the following address:
To the national democracy. the golt
democrats of the United States:
| Four years ago your patriotic posi-
ton saved the country from the peri
of Mr.. Bryan's election You were no
deceived by the plea of regularity IL
his nomination. You saw him truly a
the nominee of a combination which
had taken your party name to gilt
principles unknown to democracy. You
stood steadfastly by the financial view:
and political philosophy of Jefferson
Jackson. Tilden and Cleveland. Ii
your national convention at Indianap
oils you declared that you had las
sembled to uphold the principles upon
| which depend the honor and welfare
! of the American people in order that
| may unite their patriotic efforts to
avert disaster from their country and
run from their party"
| That convention said that the dem
! ocratic party has survived many de-
/ feats but could not survive victory
won in behalf of the doctrine and poll
cy proclaimed in its name at Chica-
60" You went firmly to your duty and
did it well in the hope that there would
/ be no further attempt to use your
party name as mask to the abhor-
rent principles advocated by Mr.. Bry-
an. In his defeat his misled support
ers We're admoniShed and chastened
to an extent which turned them away
from the path to which he allured
them.
The Kansas City convention was
averSe to reaffirmation of the Chicago
platform. and a majority of its dele
gates honestly hoped to purge the
party of the vicious hereSieS which
had lost il the respect and confidence
of the country. But through the pow
er of his organization and by reason
of the hope of success born in his
nomination by the populiStS. Mr.. Bry-
an prevailed against the better sense
of the convention. compelled indorse-
ment of the false doctrines of 1896
and by the votes of Alaska and Ha-
wall forced the specific restatement of
his dangerous and destructive finan-
cial theory. He stands now. therefore.
for all he advocated in 1896. and ac-
cepting the populist nomination. has
added thereto his declaration in favor
of an unlimited issue of greenback
currency.
He is pledged by his own declara-
tions to destroy the gold standard. to
effect the free coinage of silver at the
artificial ratio of 10 to l. to the eX-
pulsion of both gold and silver from
the country by resumption of green
backs. to the destruction of judicial
independence and revolution in the jul
dicial tenure. to a system of direct
legislation which transfers law max
ing to the ballot box and destroys our
representative institutions. and to
change of the veto power from the eX-
ecutive to the ballot box. removing
one of the checks provided by the con-
stitution and unbalancing the system
created by that instrument.
This assault upon the three co-or-
dinate branches of our government, if
it succeeds. will revolutionize and de-
stroy the whole system. What will
follow is already visible in his appeals
to class hatred. envy and prejudice.
Since 1896 the national democratic par
ty has promoted the purposes which
then justified it's existence. We have
urged and accomplished legislation to
the gold standard In that
standard the interest on the public
uebt has been reduced to per cent.
that our 2 per cent bonds
are at a premium. Private credit has
felt the impulse of this Improvement !
The producing and wage paying indus
tries of the country are promoted /
by the command of abundant capital |
at the lowest interest known in our !,
history. Cheap capital. represented
in economy of production. has opened |
the worlds markets to our surplus, |
a in hn
trade. The gold standard has trans |
formed us from a debtor to a creditor |
nation. and has made the United States
the clearing house of the commercial |
world. 1t has increased the consum- |
ing power of the people by industrial !,
restoration. and has added value to T,
the farm crops of the country and to /
the land which produces them. The ;
further effect OF the gold standard is
the ready employment of American 1
labor and payment of its wages in the
best money in the world.
The destruction of that standard |
the degradation of the public credit. |
the paralysis of industry. the restric- |
ton of commerce. increased cost of
production and descent to paper ,
basis. are the disasters threatened by !
the election of Mr.. Bryan. and he is !
pledged to inflict them on us as soon
rs he gets power He seeks that DOW
er by an appeal to the anti-expansion
and antitrust sentiment of the peo-
pie. The difficulties of our external
policy were as unforeseen as their So
luton is at present unrevealed. The
evil of trusts has no party parentage
and will he remedied by the combined
of our parties. Without
the perils of either. we /
affirm that no greater evil can befan :
our government than the impairment I