New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-10-06
GOLD DEMOCRATS DUTY.
IT Is TO DEFEAT BRYAN. SAYS THEIR
EXECUTIVE COMMITTEE.
EVILS THAT WOULD FOLLOW HIS ELEC-
TON STRONGLY SET FORTH

EVILS THAT WOULD FOLLOW HIS ELEC-
TON STRONGLY SET FORTH
Indianapolis, Ind, Oct. 5.-The Executive Com
| mittee of the Democratic National Committee
issued the following address tonight:
| To the National Democracy, the Gold Democrats
Of the United States:
| Four years ago your patriotic position saved
! the country rom the peril of Mr.. Bryan's cleo
| ton. You were not deceived by the plea of
| regularity in his nomination. You him
| truly as the nominee of combination which
| had taken your party name to gild principles
unknown to Democracy.
You stood steadfastly by the financial views
and political philosophy of Jefferson. Jackson,
Tflden and Cleveland In your National COnE
Vention at Indianapolis you declared that you
had assembled to uphold the principles upon
which depend the honor and welfare of the
American people, in order that Democrats
throughout the Union may unite their patriotic
efforts to avert disaster from their country and
ruin from their party" That convention said
that the Democratic party has survived many
defeats but could not survive victory won in
behalf of the doctrine and policy proclaimed in
its name at Chicago"
You went firmly to your duty, and did 1t well,
in the hope that there would be further at
tempt to use your party name mask to the
abhorrent principles advocated by Mr.. Bryan.
In his defeat his misled supporters admon-
ished and chastened to extent which turned
them away from the path to which he allured
them. The Kansas City Convention was averse
to reafirmation of the Chicago platform, and a
majority Of its delegates honestly hoped to purge
1t the respect and confidence of the country. But
through the power of his organization and by
reason of the hope of success born in his nomina-
ton by the Populsts, Mr.. Bryan prevailed
against the better sense of the Convention, COM
PEELED Endorsement of the false doctrines of 1896,
and by the votes of Alaska and Hawaii forced
the specifs restatement of his dangerous and de-
structive financial theory. He stands now. there
fore, for all he advocated in 1896. and accepting
the Populist nomination has added thereto his
declaration in favor of an unlimited issue of
greenback currency.
WHAT BRYAN STANDS FOR
He is pledged by his declarations to
destroy the gold standard, to effect the
coinage of silver at the artificial ratio of 10
O 1, the expulsion of both gold and sill
Yer from the country by a resumption of an
issue of greenbacks, to destruction ju-
dicial Independence and revolution in the
judicial tenure. to a system of direct Iegis-
latiOn. which transfers law making the
ballot box and destroys representative
institutions, and to change of the veto
power from the Executive to the ballot box.
removing one of the checks provided by the
Constitution, and uubalancing the system
created by that instrument.
This assault upon the three coordinate
branches of our Government. if it succeed. will
revolutionize and destroy the whole system
What will follow is already visible in his ap-
peals to class hatred envy and prejudice
Since 1896 the National Democratic party has
promoted the purposes which then justified its
existence. We have urged and accomplished
legislation to strengthen the gold standard. In
that standard the interest on the public debt
has been reduced to per cent, and the Ma
uonal credit has been so strengthened that
per cent bonds are at a premium. Private
credit has felt the impulse of this Improvement
The producing and wage paying industries 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 and we hold primaCy
in the worlds trade. The gold standard has
transformed us from a debtor to creditor Ma
ton, and has made the United States the clear
ing house Of the commercial world 1t has in
creased the consuming power of the people by
Industrial restoration, and has added value to
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 Amer
lean labor and payment of its wages in the best
money in Che world
Ell GREAT INTERESTS AT STAKE.
The destruction of that standard, the degrade
ton of the public credit, the paralysis of indus
OF production and descent to a paper basis are
the disasters threatened by the election Of Mr..
Bryan, and he is pledged to inf1ict them
he gets the power He seeks that
power by an appeal to the anti-expansion and
antitrust sentiment Of the people. The diff
culties of external policy unfore-
seen their solution is at present unrevealed.
The evil of trusts has party parentage, and
will be remedied by the combined intelligence
Of our parties. Without minimizing the perils
fall our Government than the impairment of its
Vigor, the destruction of its credit and the ruin
OF our industries which Mr.. Bryan is specifically
pledged to effect If he gets the power.
Therefore appeal to our countrymen again
to avert disaster from their country by his de-
feat. Executive Committee-Charles Tracey,
chairman; L. M Martin, chairman Campaign
Committee; John P FrenZel secretary.