The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-08-12
The M oney Question

9:%stteNleWluE hlnes ieH!SihtiOIlGOnFS Olu ana
silver from the formation OF the govern
amcnt. Mr.. Smith said that the first
Legislation under which the silver d lar
now. al part Of the coin Of he realm, went Z
into circulation. was the Joint work OF
y Democrats and Republicans The Repub-
licang platform OF 1883. he continued, was
presented to I he convention by William
4 Mckinley Among other things It con-!
tained the following language:
II The Republican! iparty is In favor of
both gold and silver as money, and
condemns the policy OF the Democratic!
administration In Its efforts to demont-s
1 tie silver q. 4g4s
4. This became part OF the Republican
platform. upon which President Harrison
was elected. and the Republican party
was then criticIsing the Democratic adj
i ADMINISTRATION OF Mr.. Cleveland for its er-S
fortHto demonitizes silver.
s In i $40 the Sherman act, providing fo-3
the purchase OF !, 800. 900 ounces 8of silver
monthly, and the immediate Introduction
4 OF ttlis large volume OF silver into our
currency bys COMA ge or by silver certi-
ficates. passed Congress. This was a
Z Republican measure and received the ap.8
proval OF z a Republican President. ALL
the silver dollars and silver certificate
in circulation In the United States have
been placed sthera through these two acts
Republicans and the second pre-eminent-5
4lyt thcSworkS of Republicans. @
The situation was bad under tho Bland
Allison act.a i t was rendered far worse
under the Sherman act. 81 s3s
Due to. Cleveland. 4.
1.-THE Republican administration, going
into power under the plat form pledged to
silver. and criticising Mr. Cleveland for
oil, ~ I,
gold standard had by the passage Of tho
Sherman purchasing act, almost brought
the country to monometallism The
Democratic administration under Cleye-g
land repeated the Sherman purchasing
act. put a stop to the initiation OF our
currency with 5depreciated silver dollars
and made possible the prosperity which
followed. II 81 n l5 ii
;;sE''N OF to the y Republican party, but to
Mr. Cleveland J. and his Secretary Of tho
Il Urea sury, 9 Mr. Ca rlisle. more than all
others. Is the country to-day Indebted for;
the stability and prosperity which hu.;
come to pass under the gold standard.
Both parties during the past years
i have advocated silver coinage. but against
the Republican party stands the charge
OF the most dangerous silver legislation.
1.-THE world accepted the gold standard.
Our political leaders. Democrats and lie-
publicans. gradually learned that bi-si
metal lIsm is impossible; that "a single
standard Is necessary. S
Telegram Confirmed Views.
1.-THE nomination OF Judge Parker would
\ have been Impossible had not the delN-.
gates recognized In him q gold standard
advocate 9f f5 NJ NJ sSf X
Z n The wisdom under present conditions.
of the gold standard having once been
recognized, will be adhered to- II cun.
form no issue In the present campaign.
The telegram OF our candidate to A tho
national convention only confirmed the;
views Of the Overwhelming majority Of
the delegates and voters they represented
that the gold standard had been irreyo-i
Scably ished. y We should not allow
the Republicans to boast OF what hap-5
8pened under the conserya tive and gentle
spirit Of President Mckinley and make
claims thereon for the election OF the
present Z occupant OF the White House.
Has not the man In rough rider cos !,
tune changed our treatment OF foreign
customs i8i Has he not dlsregarded our
representa- aggoVerHn1ent?8s z, a sj5s
Vi M cl<inley declared II he day he was MUIR
dered The problem Of more markets
requires our urgent and Immediate attrils
tion IL We car mot repose In fancied
securit ~ tha T we can forever sell every
thing and buy III tie or N t hing I Tho
period of excl yeness has passed n N S
: aye not Roosevelt and his followers!
Eadopted the motto AS to 80 he tar n 8st,.'
stand pat n III 3i b 5sif u ~
Reviewing Sectional Strife. q
X; The senator from MASSACHUSETTS, in
difference probably to the: petition being
Gratis. all over his State, has claimed