Akron daily Democrat. [volume] (Akron, Ohio) 1892-1902, 1900-04-13
RESOLUTIONS
Adopted by Ohio Demo
cratic Clubs
Declare For Bryan-Favor Shelving
Money Question.


At the meeting of the Ohio Associa-
tion of Democratic clubs at Columbus
yesterday the following resolutions
were adopted:
The Ohio Association of Democratic
clubs issues the following declaration
Of principles:
We firmly adhere to the Chicago
platform in its entirety, as true dec
laration of Democratic principles from
which there can be no departure.
While the increased production of
gold since 1896 has brought some meas.
ure Of that relief which Democrats
contended would follow an increased
supply of money, and proves their re-
peated assertion that the fall Of prices
and consequent depression Of business
from 1873 to 1897, was the necessary
result of an inadequate supply Of
money which silver, under free coin
age, during those years would have
furnished, and therefore in nothing
disproves the soundness Of the princl-
pies on which the claims Of bi-metal-
lists are based. Nor does it prove that
it is safe to rest the supply of money
for the whole world for all time upon
the accidental supply of one metal for
any single period. On the contrary, if
the worlds vast debts are ever to be
paid or the exchanges between silver
using and gold-using nations are to be
unified, it must be on the basis of both
metals, and not upon one alone, and
we therefore declare our firm adher-
ence to both gold and silver, not only
as the money Of the constitution, but
as the only safe reliance for the sup
ply Of autocratic money for the world.
We denounce the currency law
recently enacted by this Republican
Congress, which looks to the ultimate
withdrawal from our currency of MI
full legal tender silver and paper, ana
at the same time provides for an un-
limited increase Of currency consist
ing merely of bank promises to pay,
as unscientiflc and unsound. Tie pow
er to increase or decrease one part of
a volume of money is the power to i'll
crease or decrease the whole, and
therefore, to increase or decrease the
value of the whole, and of each unit;
it is the power to control the prices
of all property and to stimulate OF
strangle business, and should never
be entrusted to private hands. The
power to create money is the sole pre-
rogative of the nation and cannot
safely be divided or delegated to indi-
yiduals, and we therefore emphasize
our demand that the government alone
shall not only coin the metals, but
shall issue and control all other forms
of currency.
Trusts and monopolies, former for
the purpose of arbitrarily controlling
production and prices in the interest
solely of combined capital, If allowed
to 60 on can result only in Industrial
serfdom for the mass Of the people,
We therefore demand that not only
shall all existing laws against combi.
nations and trade be rigldly enforced,
but, believing that protective tariffs
and railway Discrimination have been,
and still are, the chief supporters of
monopolies, we favor the removal of
all duties from imports, monopolies by
trusts, and also demand the enactment
and enforcement of such legislation as
will prevent every species of discrim,
ination In railway or water transpor.
tation.
We hereby enter our solemn protest
against the doctrine that the president
or Congress can govern acquired ter.
ritory outside and independently of the
Constitution of the United States, as o
doctrine utterly subyersive OF ever,