Nappanee Advance-News, Volume 18, Number 27, Nappanee, Elkhart County, 16 September 1896 — Page 2

BUYAN ANSWERS. Accepts the Democratic Nomination for President ' Vail Text of His tetter t the Notification Committee— ls Elected Will Not Stand for a Second Term—HU Views on tUe Issues. Lincoln, Neb., Sept. J. Bryan, democratic nopiinee for president, Wednesday made pufilie the following formal letter of acceptance: "Hon Stephen M. White and Other s. Members of the Notification Committee of the Democratic National Convention—Gentlemen: I accept the nomination tendered by you on behalf of the democratic party, and in so doing desire to assure you that I fully appreciate, the high honor wh'ch •uch a nomination confers, and the grave responsibilities which accompany an election to the presidency of the Unitea States, ho Second Term. "So deeply am 1 impressed with the magnitude of the power vested in the constitution in-the chief executive of the notion. and with the enormous Influence which he can wield for the benefit or injury of the people, that 1 wish to enter the office, if elected, free from every personal dealre except the desire to prove worthy the confidence of my country. Human judgment is fallible enough when unbiased by aeltish considerations, and in order that I may not be tempted to use the patronage of the office to advance my personal ambition, I hereby announce, with all the emphasis words can express, my fixed determination not, under any circumstances, to be a candidate for reelection in case this campaign ■results in my election. Indorses the Platform.

"I have carefully considered the plat•form adopted by the democratic national convention, and unqualifiedly indorse each plank thereof. "Our institutions rest upon the proposition that all men, being created equal, are entitled to equal consideration at the hands of the government. Because all mttii are created equal, it follows that no citizen has a natural right to injure any other citizen. The main purpose of governdent being to protect all citizens in the enjoyment of life, liberty and the pursuit of happiness, this purpose' must lead the government first, to avoid acts of affirmative injustice, and, second, to restrain each citizen from trespassing upon the Tights of any other citizen. “A democratic form of government is •conducive to the highest form of civilization, because it opens before each individual the greatest opportunities for development and stimulates to the highest endeavor by insuring to each the full-enjoy-ment of all the rewards of toil except such contribution as is necessary to support the government which protects him. Ire* moeracy is indifferent to pedigree—it dea’,3 with the individual rather than with bis ancestors. Democracy ignores difference In wealth—neither riches nor poverty can be invoked in behalf of or against any citizen. Democracy knows no creed—recognizes the right of each individual to worship Clod according to the dictates of his own conscience; it welcomes all to a common brotherhood and guarantees equal treatment to all, no matter in what church or through what form they commune with their Creator. “Having discussed portions of the platform at the time of its adoption, and again <when your letter of notification was formally delivered, it will not be necessary at this time to touch upon all subjects embraced in the party’s declaration. , A Daal Government. ’ "Honest differences of opinion have ever existed and ever will exist as to the most effective means of securing domestic tranquillity, but no citizen fails to recognize at all times and under all circumstances the /absolute necessity for the prompt and vig- * crous enforcement of law and the preservation of the public peace. In a government like ours law is but the crystallization of the will of the people; without it the citizen is neither secure in the enjoyment of life and liberty nor protected in the pursuit of happiness. Without obedience to luw government is Impossible, Thedem- • ocratic party is pledged to defend the constitution and enforce the laws of the United i States, and It is also pledged to respect and preserve the dual scheme of governvnent instituted by the founders of the republic. The name, United States, was nappily chosen. It combines the idea of national strength with the idea of local gels-government and suggests ‘an indissoluble union of indestructible states.’ Our revolutionary fathers, fearing the tendencies toward centralization, as well as the dangers of disintegration, guarded against both, and national safety, as well as domestic security, is to be found in the careful observance of the limitations which they impose, it will be noticed that, while the United States guarantees to every state a republican form of government and is empowered to protect each state .against invasion, it 13 not authorized to Interfere in the domestic affairs of any State except upon application of the legislature of the state or upon the application of the executive when the legislature cannot be convened. “This provision rests upon the sound •theory that the people of the state, acting through their legally chosen representatives, are, because of their more intimate acquaintance with local conditions, better qualified than the president to judge of the necessity for federal assistance. Those who framed our constitution wisely determined to make as broad an application f the principles of local self-government as circumstances would permit, and we cannot dispute the correctness of the position taken by them without expressing a. distrust of the peoplythemselves. Economy.

“Since governments exist for the protection of the rights of the people, and not for "their spoliation, no expenditure of public money can be justiiied unless that ■expenditure is necessary for the honest, economical, and efficient administration of the government. In determining what appropriations a,re necessary the interest Os those who pay the taxes should be consulted, rather than the wishes of those who receive or disburse public moneys. Bonds. “An increase of the bonded debt of the 'United States at this time is entirely without excuse. The issue of interest-bearing bonds within the last few years has been defended on the ground that they were necessary to secure gold with which t& redeem United States notes ano treasury notes, but tills necessity‘has bee.n imaginary rather than real. Instead of exercising the legal rights vested in the United States to redeem its notes in either geld or silver, the executive branch of the government has followed a precedent established by a former administration and surrendered the option to the holder cf the obligations. This administrative policy leaves the government at the mercy of those who find a pecuniary profit in bond Issues. The fact that the dealers in money and securities have been able to deplete or protect the treasury, according to their changing whims, shows how dangerous it Is to permit them to exercise a controlling Influence over the treasury department. The government of the United States, when administered in the interest of all the fieople, is able to establish and enforce ts financial policy, not only without aid of syndicates, hut in spite of any opposition which syndicates may present. To assert that the government is dependent upo.n the good will or assistance of any ■portion of the people other than a constiiutinnal majnritv is to assert that we have a government in form, but without vital force. National Bank Currency. “The position taken by the platform against the issue of paper money by national banks Is supported by the highest democratic authority, a3 well as demanded by the interests of the.people. The present attempt of the national banks to force the retirement of United States notes and treasury notes in order to secure a basis for a larger issue of tlieir own notes illustrates the danger which arises from permitting them to issue their paper as a circulating medium. The national bank note, being redeemable in lawful money, has iitever been better than the United States notes which stand behind it, and' yet the banks persistently demand that these United States notes, which draw :no interest, shall give place to Interest-bearing bonds in order that ■the hanks may collect the interest which the people now save. To empower banks to issue circulating notes la to grant a valuable privilege to a favored class, surrender to private corporations ■the control over the volume of paper tnoirey, and build up a class which will -claim a vested interest in the nation's flnauciaUpolicy Our United States notes, . comuuuAy known as greenbacks, being •redeemable in either gold or silver at the . option of the government and not at the option of the holder, are safer and cheaper ifor the people than national bank notes fteased upon Interest-bearing bonds.

• The Monroe Doctrine. “A dignified but firm maintenance of the foreign policy first set forth by President Monroe and reiterated by the presidents who have succeeded him, instead qf aroustf’aJrtfiwMe other'mrtfwi* It is better for all concerned that the United States should resist any extension of European authority in the western hemisphere rather than invite the continual irritation which would necessarily result from any attempt to Increase the Influence of monarchical institutions over that portion of the Americas which lias been dedicated to republican government Pensions, "No nation can afford to be unjust to Its defenders. The care of those who have suffered injury in the military and naval service of the country is a sacred duty. A nation which, like the United States, relies upon voluntary service rather than upon a iarge s standing army, adds to its own security when ft makes generous provision tor those who have risked their lives In its defense and for those who are dependent upon them. The Producers of Wealth. "Labor creates capital. Until wealth is produced by the application of brains and muscle to the resources of this country there is nothing to divide among the nonproducing class of society. Since the producers of wealth create the nation's prosperity in time of peace, and defend the nation’s flag in time of peril, their interests ought at all times to be considered by those who stand in official positions. The democratic party has ever found its voting strength among those who are proud to be known as the common people, and it pledges itself to propose and enact such legislation as Is necessary to protect the masses in the free exercise of every political right and In the enjoyment of their just share of the rewards of their labor. Arbitration. “I desire to give special emphasis to the plank which recommends such legislation as is necessary to secure the arbitration of differences between employers engaged in interstate commerce and their employes. Arbitration is not anew idea—it is simply an extension of the court of justice. Tno laboring men of the country have expressed a desire for arbitration, and the railroads cannot reasonably object to the decisions rendered by an impartial tribunal. Society has an interest even greater than the interest of the employer or employe, and has a right to protect itself by courts of arbitration against the growing inconvenience and embarrassment occasioned by disputes between those who own the great arteries of commerce on the one hand, and the laborers who operate them on the other. Immigration. “While the democratic patty welcomes to the country those who come with love for our institutions, and with the determination and ability to contribute to the strength and greatness of our nation, it fir opposed to the dumping of criminal classes upon our shores, and to the importation of either pauper or contract labor to compete With American labor. Injunctions. “The recent abuses which have grown out of injunction proceedings have been so emphatically condemned by public opinion that the senate bill providing for trial by Jury in certain contempt cases will meet with general approval. * Trusts. "The democratic party Is opposed to trusts. It will be recreant to its duty to the people of the country if it recognizes either the moral or the legal right of these great aggregations of wealth to stifle com--petition, bankrupt rivals, and then prey upon society. Corporations are the creatures of law and they must not be permitted to pass from under the control of the power which created them; they are permitted to exist upon the theory that they advance the public weal and they must not be allowed to use their powers for the public injury. Railroads. "The right of the United States government to regulate interstate commerce can not be questioned, and the necessity for the vigorous exercise of that right is becoming, more and more imperative. The interests of the whole people require such an enlargement of the powers of the interstate commerce commission as will enable it to prevent discrimination between persons and places, and protect patrons from unreasonable charges. l’aclllc Railroads. "The government cannot afford to discriminate between its debtors, and must, therefore, prosecute its legal claims against the Pacific railroads. Such a policy is necessary for the protection of the rights of the patrons as well as for the interests of the government. tuba. "The people of the United States, happy in the enjoyment of the blessings of tree government, feel a generous sympathy toward all who are endeavoring to secure like blessings for themselves. This sympathy, while respecting all treaty obligations, is especially active and earnest when excited bv the struggles of neighboring peoples, who, like the Cubans, are near enough to observe the workings of a government Which derives all its authority from file consent of the governed.

The Civil Service.

“That the American people are not In favor of life tenure iii the civil service is evident from the fact that they, as a rule, make frequent changes when their official representatives are chosen by ballot. A permanent office-holding class is not in harmony with our institutions. A fixed term in the appointive offices, except where the federal constitution now provides otherwise, would open the public service to a larger number of citizens without impairing its efficiency. “The territorial form of government is temporary in its nature, and should give way as soon as the territory is sufficiently advanced to take Its place among the states. New Mexico, Oklahoma and Arizona are entitled to statehood, and their early admission is demanded by their material and political interests. The demand ot the platform that officials appointed to administer the government of territories, tlie District of Columbia and Alaska should be bona fide residents of the territory or district. Is entirely in keeping with the democratic theory of home rule. I am also heartily in sympathy with the declaration that all public lands should be reserved for the establishment of free homes for American citizens. “The policy of improving the great waterways of the country is justified by the national character of those waterways and tlie enormous tonnage borne upon them. Experience has demonstrated that continuing appropriations are, in the end, more economical ttian single appropriations separated by long intervals. The Tariff. "It is not necessary to discuss the tariff question at this time. Whatever may b the individual views of citizens as to the relative merits of protection and tariff reform, all must recognize that until the money question is fully and finally settled the American people will not consent to the consideration of any other important questions. Taxation presents a problem which in some form is continually present, and a postponement of definite action upon it involves no sacrifice of personal opinion or political principles, but the crisis presented by financial conditions cannot be postponed. Tremendous results will follow the action takfeii by the United States on the money question, altd delay is impossible. The people of this nation, sitting as a high court, must render judgment in the cause which greed is prosecuting against humanity. The decision will either give hope and inspiration to those who toil or ‘shut the doors of mercy on mankind.' In the presence of this overshadowing issue differences upon minor questions must be laid aside in order that there may lie united action among those who are determined that progress toward a universal gold standard shall be stayed and the gold and silver coinage of the constitution restored. W. J. BRYAN." DEATH OF HENRY B. PAYNE. Is Due to a Stroke of I’arajysls Received Last Saturday. Cleveland* 0., Sept. 10.—Hop. Henj 15. Payne, ex-United States senator, died at nine o’clock Wednesday morning at his home, 595 Euclid avenue. His i'-*ath was directly due, to a stroke of paralysis, which heiwvas attacked with last Saturday morning-. Steel Mill Shuts Down. Bethlehem, l’a.7 SeptVlO..—The Bethlehem" Iron company's 'steel mill shut down Wednesday for want of orders. Over 000 out of work. The company is also laying oil men at the blast furnaces and they will shortly be ruu on half time.

TENDERED AN HONOR. Bryan Notified of His Nomination .... |jyv|E t - | gtj ver party. ** ■ Hon. George A. Groot Tells Him of th* Convention's Action-Mr. Uryau’s Re* marks in Accepting, lloth for lilmself and Mr. Setvall. Lincoln, Neb., Sept. 9.—The national silver party, through its regularly-appointed committee, Tuesday night formally noil* fled William J. Bryan of his nomination by its convention at St. Louis. The ceremony took place in the open air o:. the plaza and lawn in front of Nebraska’s state capitol building. With, the exception of those seated In a few score chairs on the speakers' platform and directly In front of it. all the audience was standing. Mr. Bryan did not r,ead hi speech in answer to the information formally given by the committee of the silver party. He made a speech neither long nor short, without the aid of notes, and was frequently applauded. Before the meeting a parade occurred, and flambeau clubs and organizations of mounted men, bearing transparencies and torches and firing skyrockets and roman candles, gave vent to their political enthusiasm in a way that bordered on delirium. This was Mr. Bryan’s escort, and when he appeared on the platform the crowd, that had increased wdth great rapidity after the procession was under way, cheered him repeatedly as his well-known figure was recognised. The Notification. Norris Humphrey, of Lincoln, called the assemblage to order and in a few words presented George A. Groot, of Ohio, chairman of the committee appointed by the national convention to notify Mr. Bryan. The other members of the notification committee and their alternates were present. Mr. Groot’s address was somewhat lengthy, the major portion of it being directed to a discussion of the financial question. Nearing the end of his remarks) he turned to Mr. Bryan and said: “The national silver convention with an unanimity unexampled in the history of national conventions in this country nominated you as the candidate of the national sliver party for the distinguished office of president of the United Stfatea.y Yoif are now the candidate for the .great, office of president of three great political parties, of which the silver party is not the least. The convention selected a committee to formally notify you of its action and that committee conferred upon me the distinguished honor of advising you of your nomination as the candidate of the national silver party Tor the office of president of the United States.

"We are met, therefore, at this time and place for the purpose of performing the pleasant duty imposed upon us by the convention, I therefore, in obedience to the wishes of the committee and of the convention, hereby formally notify you that you have been nominated by the national silver party as Its candidate for president, and request that you accept that nomination in the same spirit in which it has been tendered you. You are now the chosen commander of a grand army, composed of three grand divisions, which is now mobilizing for the purpose of fighting in behalf of humanity on November 3, 1896, the most important political battle of this or of any other age- a battle which 13 to determine whether this nation shall lie a province of Great Britain and be governed and controlled, as that nation is, by the money barons of Europe, or whether it shall lie, as the fathers intended it to be, a free and independent and sovereign nation. The people who constitute that grand army, inspired as they are by the noblest sentiments of patriotism, under your leadership will, there can be no doubt, on that day lift high their banners in triumph over the defeated allied hosts of plutocracy.” Mr. Bryan's Reply.

Mr. Groot was frequently applauded. As he took his seat Mr. Bryan rose to reply, and there was a most enthusiastic scene, lasting for several minutes. Quiet being restored, Mr. Bryan replied as follows: “Mr. Chairman, Chairman of the notification Committee, and to the members of that Committee: I beg to reply at this time without tlie formality of a letter. The platform adopted by the silver convention contains but one plank, and that plank, the plank upon the money questiofi, or upon the silver question, is identical in substance with the silver plank of the Chicago platform. As I have already discussed at length that plank, and It will not he necessary to enter into any extended discussion at this time, I beg to assure the committee that I accept the nomination so generously tendered by them on behalf of the silver party, jn the spirit in which that nomination was tendered. Wouldn’t Vote for a Gold Standard Man. "I can appreciate the feeling which animated those who assembled in that convention. I can appreciate the hesitation in which those who assembled there turned their backs upon the party with which they had been associated. I'know something of the strength of parties, and because I was in a position where I looked forward to a possibility of like action on my part, I can appreciate the depths of a conviction that led them to place the interests of their country above the welfare of their party. More than a year ago, when we were engaged in the struggle to bring the democratic party to an indorsement of free coinage, the question was put to me whetifer, in case of failure, I would support the democratic nominee if he were on a gold standard platform. I never believed that such action was probable in tlie democratic party, but when those who questioned me were not content with probabilities, but asked again whether in the case of thgt event I would support the nominee, I said, as you will remember, that under no circumstances would my vote be given to the man who would in the executive office use his influence to fasten the gold standard upon the American people. My convictions upon this subject are not shallow convictions. 1 may bfe In error, my friends. None of us can claim infallibility. But we have the experience of history to guide us, and our judgment and our consciences, and I stand where the members of that silver convention stood. I would rather have the approval of my conscience than me applause of the entire earth. A Conspiracy Against the Race.

“I may be in error, out I believe 'hat the gold standard is a conspiracy against the human race. 1 would no sooner loin the r anks of those whose purpose it is to fasten that upon the American people than to enlist in an army that was marfching to attack my home and kill my family. I can say, therefore, that I can appreciate the spirit which animated those who have just tendered me this second nomination, and I can, therefore, accept it in the spirit in which they present it. And I pledge them that if elected they shall never for accusing me of being false to that trust. “My friends, when I declared that I would nos support a gold standard candidate I was standing upon the history of the i-inocratic party. X was, defending its principles,:as well as the interests of tne country at large, and when these republicans who assembled in the silver convention at St. Louis reiGseil to worship the gold image which their party had set up they were defending the history of the republican party. The republican platform of ISSS denounces the democratic administration for having attempted to degrade silver. And in istil. oh the 12th,day of February, in Memorial hall at Toledo, 0.. on the Lincoln day banquet, the nresent candidate'for president upon the republican ticket used the words which I shall now read to you. I have found thQC" words published in a Toledo paper, and they have been published so long without correction that we may safely assume that He was correctly reported. If he shall deny the correctness of thi3 report l shall hasten to do him justice in retracting these words.

These are the words which lie /* said to have used: Quote* Mr. McKinley. “ ’During all of Grover Cleveland’s years at the head of the government he was dlsdiscreifitfngsff'' ver and enhancing the price qf gold. He endeavored even before his Inauguration to office to stop the coinage of silver dollars, and afterwards and to the end of his administration, persistently used his power to that end. He was determined to contract the circulating medium and demonetize one of the coins of commerce, limit the volume of money among the people, make money scarce and, therefore, dear. He would hav*. increased the value of money and diminished the value of everything else—money, the master; everything else the servant.’ "Following these same lines, the republican convention In 1892 declared at Minneapolis that the American people? from tradition and interest, were in favor of bimetallism. "That Is the language in IS92 —that the American people, from tradition and interest, are for bimetallism. Have traditions changed in four years? Have interests changed in four years? No, my friends, and yet, forgetting the platform of 1880, forgetting the denunciation uttered by their distinguished leader In 1891, forgetting the platform of 1892, the republican party, in convention assembled, declared that the American people must forego the advantages of the bimetallic system, which tradition and interest Indorsed, until foreign nations should bring these advantages to them. Reads from Senator Sherman. "It is not strange that men who had looked for bimetallism in the republican party should have given up hope and turned elsewhere for relief. These republicans cannot be criticised for leaving the republican party. They have done what every American citizen has a right to do. They have done better than our democratic advocates of the gold standard have done, because these republicans when they left the party joined with those who had a chance to Bucceed, while our democratic advocates of the gold standard sought to secure the election of a republican candidate by nominating a democratic candidate. I intend to show you that the action of the republicans is defend sd by experience and example. Let me carry you back to the period just preceding the war. If you will turn to a book recently published, entitled "John Sherman’s Recollections,” you will find on page 112 of the first volume, a portion of a speech which he delivered in congress in 1856. Let me read this extract: “ ‘I am willing to stand by the compromise of 1820 and 1850; but when our whig brethren of the south allow this administration to lead them off from their principles; when they abandon the position which Henry Clay would have taken, forget his name and achievements and decline any longer to carry his banner, they lose all their claims on me. And I say now, that until this wrong is righted, until Kansas is admitted as a free state, I cannot act in party association with them.’ "There was the distinguished senator from Ohio asserting to the people of this country upon the floor of congress that he was willing to accept compromise after compromise, but that the time had at last come when he could go with them no longer: that until certain things were accomplished he could not act with them. The situation to-day is but a repetition of history. Compromise after compromise has been submitted to by these silver republicans in the hope that the party of their choice and love woulc at last bring to the people the relief which they desired. But the republican party, like that party in 1856, has been led off by another administration until it has deserted its traditions and its platform, and these republicans have a right to say to their republican associates: ‘We will go with you no longer until this nation is redeemed,’ No Pledge Is Asked.

“We do not ask those who present this nomination to pledge their future services to the democratic party. The same intelligence which directs them to-day in the discharge of this duty will be with them four years from now to direct them then in the discharge of the duties that will then arise. The same patriotism that leads them to-day in what they do will he with them four years from now to guide and direct them. We trust them now, we shall trust them then. The democratic party has proven itself worthy of their confidence to-day and it receives their support. If four years from now it proves" itself unworthy of their confidence it should not then have their support. “The chairman of the notification committee has told you that we have to meet to-day a great money trust. He is right. We are confronted to-day by the most gigantic trust that has ever been formed among men. Talk about trusts in various articles which we produce. My friends, all these trusts together fall into insignificance when compared with the money trust, which has its hands upon our country. Place the control,of the standard money of the world in the hands of a few great financiers and times will be good for them, no .matter what may overtake the rest of mankind. I believe that John G. Carlisle did not exaggerate the truth when he said: ‘The consummation of this scheme means more of misery to the human race than all the wars, pestilences and famines that ever occurred in the history of the world.’ Who does not stand appalled before misery like that? Among you who is Willing to be In a conspiracy that has for its object the consummation of that scheme? It is against the consummation of this scheme so eloquently and forcibly described that the silver republicans have arisen in respect the convictions w hich have led them. I thank you for the support which they have tendered, and all that 1 can promise is that I shall, to the best of my ability, endeaver to prove worthy of their confidence.” Accepts for Mr. Se\vall. After Mr. Bryan concluded, Mr. Harrington, of the notification committee, notified him of Mr. Sewall’s nomination and the presidential candidate made a brief response, accepting in behalf of his running mate. '

LAID TO REST. Union Funerals of Victims of the Benton Harbor Fire. lienton Harbor, Mich., Sept. 9. —The union funeral of five of the Bentou Harbor’s dead firemen, Scott Rice, J. Franldin Woodley, John Hoffman, Will Mittan and Louis Hoffman, who lost their lives in the opera house disaster Sunday morning', was held Tuesday on the schoolhouse lawn, as no church or hall was large enough to accommodate the people. Not less than 7,000 people attended the funeral. In the procession were members of the modern wood men, Maccabees; a Iso Chicago; Memphis - . Tenn.; Louisville, Kv.; and South Bend. Ind.; Buchanan, Niles, Dowagiac, Benton Harbor and St. Joseph fire departments and nearly 1,500 school children. - The funerals of Ed H. Gauge, Silas, F. Watson and Frank Seaver, the St. Joseph "firemen, were held in that city Tuesday afternoon. The coroner’s jury have not determined the cause of the fire. Will McCormick, one of the in jured men had his right limb amputated Tuesday afternoon and will probably die. Under Observation. Lick Qbservatpry, Cal., Sept. 9. —There are novvYthree comets under observation at the Lick observatory, as follows; Brooks’ periodic comet, faint; Ciooopmi's comet, discovered September 4 at Nice, faint, and Brooks’ comet, discovered by Brooks at Geneva, N. Y.,. September 4, also faint.

HOBART’S RETLY. Republican Candidate for Vice President Formally Accepts. Extract* from His Letter-Gives Ills Ylswa at Length on the Money Question and Other I*sues of the Campaign. Paterson, N. J.. Sept. 10.-Following are extracts from the letter of Hon. Garret A. Hobart accepting, the republican nomination for vice president: Paterson. N. J.. Sept. 9. 1896.-Hon. Charles W Fairbanks and others of the Notlficution Committee of the Republican Convention: Gentlemen: I have already, in accepting the nomination for the office of the rice presidency tendered me_by_t national republican convention expressed my approval of the platform Adopted by inat body as the party basis of doctrine. In accordance with accepted usage l beg now to supplement that brief statement of my views, by some additional renec tions upon the questions which are in de bate before the American people. The money standard of a great nation should be as fixed and permanent as the nation itself. To secure and retain the best should be the desire of every rightminded citizen. Resting on st *ble foundaLions continuous and unvarying certainty of value should be its distinguishing charftpteristic The experience of ail history confirms‘the truth that every jL 0 , 1 "’ : *ybt under any law, howsoever that coln may be stamped, will finally command in the markets of the world the exact value of th materials which compose it. The dollar of our country, whether of gold or silver, should be of full value of 100 vents, and by so much as any dollar Is worth less than this in the market, by precisely that sum will someone be defrauded. The free coinage of silver at the ratio jM sixteen to one, is a policy which no nation lias ever before proposed, and it is not to day permitted in any mint In the worldnot even Mexico. .It is proposed to make the coinage unlimited, at an absolutely fictitious ratio, fixed with no reference to Intrinsic value or pledge of ultimate redempI lon. With silver at its present price of les3 than 70 cents per ounce in the market, such a policy means an immediate profit to the seller of silver for which there is no return now or hereafter to the people or the government. It means that .or each dollar’s worth of silver bullion delivered at the mint, practically two dollars of stamped coin will be given in exchange. For SIOO worth of bullion nearly 200 silver dollars will be delivered. Any attempt on the part of the government to create by Its fiat, money of a fictitious value, would dishonor us in the eyes of other peoples, and bring infinite reproach upon the national character. The business ana financial consequences of such an Immoral act would be world wide, because our commercial relations are world wide. All our settlements with other, lands must be made, not with the money which may be legally current in our own country, but in gold, the standard of all nations with which our relations hie most cordial and extensive, and no legislative enactment can free us from that inevitable necessity. It is a known fact that more than SO per cent, of the commerce of the world is settled in gold or on a gold basis. Such tree coinage legislation, if ever consummated, would discriminate against every producer of wheat, cotton, corn or rye—who should in justice be equally entitled, with the silver owner, to sell his products to the United States treasury, at a profit fixed by the government—and against all producers of iron, steel, zinc or copper, who might properly claim to have their metals made into current coin. It would, as well, be a fraud upon all persons forced to accept a currency thus stimulated and at the same time degraded. The proposition for free and unlimited silver coinage, carried to its logical conclusion, and but one is possible, means, as before intimated, legislative warrant lor the repudiation of all existing indebtedness, public and private, to the extent of nearly 50 per cent, of the faee of all such indebtedness. It demands an unlimited volume of fiat currency, irredeemable, and therefore without any standard value in the markets of the world. Every consideration of public interest and public honor demands that this proposition should be rejected by the American people. Nor is this all. Not content with a proposition to thus debauch the currency and to unsettle ail conditions of trade and commerce, the party responsible tor this piatlorrn denies the competency of the government to protect the lives and property of its citizens against internal disorder and violence, it assails the judicial muniments reared by the constitution for the defense ol niuiviuuai rights and the public welfare, and it even tnreatens to destroy the integrity and independence of the supreme court, which has oeen considered the last reluge of tne citizen against every form of outrage and injustice. In the face of the serious peril wtucii mese propositions emuouy, it would seem tiiat tnere could be but one sentiment among right-thinking citizens, as to tne duty of the hour. An men, ot \viiatever party, wno believe in law, and have some regard for the sacredness of individual and institutional rights, must unite m deiense of the endangered interests of the nation.

While tne tinancial issue which has been thus considered, and which nas come, as the result of the agitation of recent years, to occupy a peculiar conspicuousness, is admittedly of primary importance, iffbre is auoiner question union must command careful and serious attention. Our financial and business condition is at this moment one ot almost unprecedented depression. Our great industrial system is seriously paralyzed. Production in many important brandies of manufacture has altogether ceased. Capital is without remunerative employment. Labor is idle. The revenues of the government are inaunideiit to meet ns ordinary and necessary expenses. These conditions are not the result of accident. They aS-e the outcome of a mistaken economic policy deliberately enacted, and would not involve any violent disturbance of our existing commercial system, ttw enact necessary tariff mouilioatiQiis alol%; the lines of experience. Our party holds that by a wise adjustment of the tariff, conceived In moderation and with a view to stability, we may secure all lieeued revenue, ana it declares that in the event of its restoration to power, it will seek to accomplish tnat result. It holds, too, that it is the duty of the government to protect and encourage in all practicable ways the development of domestic industries, the elevation of home labor, and tlie enlargement of the prosperity of the people. It does not favor any form of legislation which would lodge in the government the power to do what the people ought to do for themselves, but it believes that it is both wise and patriotic to discriminate In lavor of our own material resources, and the utilization, under the best attainable conditions, of our own capital and our own available skill and industry.

The platform of the republican national convention states the party position concerning other questions than those herein referred to. These, while at the present time of subordinate importance, should not be overlooked; The republican party has always been the defender of the right' of American citizenship, aS against all aggressions whatever, whether at home or abroad. It has, to the extent of its power, defended those rights, and hedged them about with law. Regarding the ballot as the expression and embodiment of the sovereignty of the individual citizen, it has Bought to preserve its purity and integrity In our foreign relations it has labored io secure to every man emitled to the shelter of our flag the fullest exercise of his rights consistent with international obligation If It should be restored to rulership, it would infuse heeded vigor into our relations with powers which have manifested contempt and disregard, not only of American citizenship, but of humanity itself I am. gentlemen of the committee, very truly yours. GARRET A. HOBART. St. Loam Breaks Her Record. New York, Sept. 10. —The American liner St. Louis, Capt. Randle,%hich arrived at Southampton Wednesday, from New York, has made anew record for herself between Sandy Hook lightship and Hurst Castle. Her time on this passage will closely approximate 6 days, 12 hours and 30 minutes. She has cut nearly an hour from he;- best previous eastward passage of 6 days, 13 hours and 25 ntinutes. The record is 8 days, 10 hours and 55 minutes, made by Hamburg-Aniarican line steamer Furst Bismarck, in September, three years ago.

REVIEW OF TRADE Business Still Lags Despite Continuance of Hopeful Signs. New York, Sept. 12.—R. G. Dun & Cos, in their weekly review of trade, say: "Better prospects and relief from monetary anxiety do not yet bring larger demands for finished products, though iarg* buying of pig iron, wool, leather, hides, cotton and other materials continue to' show a growing belief that a general up. ward movement In prices will come with the replenishment of dealers’ stocks this fall. Most prices are extremely low, so that nothing more than an ordinary demand would advance them. But bank fallores at New Orleans cause femporaryhesitatlon, crop returns Indicate disappointment In some cotton and some spring wheat states, prices of corn and cats make it unprofitable to sell at present, the number of manufacturing works and mines in operation does not gain, but rather decreases, reductions of wages are somewhat numerous, occasionally resisted by strikes, and all these conditions diminish for a time the buying power of the people. While many think general Improvement cannot come until the election has removed political uncertainties, others expect soon to see the result anticipated in trade. “Accounts of disappointing returns in spring wheat states are numerous, but it Is difficult to reconcile short estimates with the heavy marketing at low prices Corn Is almost wholly out of danger, and the yield is generally expected to be the largest, as the price here e the lowest, ever known. Stocks grew steadily stronger till Thursday, although railroad earnings are not stimulating. The average for railroad stocks has risen slightly and for trusts over $1 per share, notwithstanding much realizing of profits, especially since the failures In New Orleans. The tide of gold Imports still runs strongly this way, further engagements lifting the aggregate to $28,620,0u0, of which $23,17.2.050 have arrived. The prospect led the Bank of England to raise its discount rates from 2 to 2% per cent., and some selling 0.. foreign account followed in stocks. The New Orleans bank failures were followed by unusual offerings of cotton bills and the Interior demand for money also Increased, the ret outgo being $3,350,000. “Liabilities in commercial failures for the first week of September were $4,095,590. against $2,157,751 last year, $1,538,539 in 1894 and $5,319,098 in 1893. The failures for the , week have been 315 in the United States, against 187 last year, and 47 in Canada, against 34 last year.’’ Bradstreet’s says: "The feeling among jobbers'and manufacturers last week that an Improvement In demand for seasonable staples was in sight was evidently well founded, for at more than a dozen centers south and west demand is now more active, the volume of sales has Increased and th general outlook is much more favorable for business later in the autumn. The most marked improvement is at Chicago. St. Louis, St. Paul, Minneapolis, Pittsburgh, Charleston and Augusta, although other cities hava reported a better feeling and prospects for more active demand.’’

TIED THE RECORD. a John R. Gentry Faces a Mile at Glen's Falls, N. Y., in 3:01 1-3. Glen's Falls, N. Y., Sept. 11.—A perfect day and fast track drew a crowd of 6*ooo persons to the Glen’s l-’alls race track Thursday afternoon. The event of the day was the match race between John R. Gentry and Star Pointer. Tie race from start to finish was of the closest and most exciting order, and when after the second heat, which Gentry won by a short head, the time, 2:01*4, W3S marked up and it was realized that the world’s record was equaled, the spectators madly cheered the king of pacers and his driver, Andrews. The horses got away on the second score, Star Pointer at the pole. He led to the home stretch, w whven Gentry slowly forged ahead, inch by inch, and won the first heat by a nose. Time, by quarters: :31*/ 2 , 1:03%, 1:35, 2:03%. In the second heat the excitement culminated. The horses got away on the first score and went around the track neck and neck with the precision of machines, neither gaining nor losing in the breathless silence of the crowd. Just before reaching the wire Gentry made another magnificent spurt and went under the wire a neck ahead, amid wild enthusiasm. The time, by quarters, was: :31, 1:02, 1:32, 2:01%, the last quarter being the fastest ever* paced. The announcement that the world’s record was equaled was -eceived with renewed cheers by the crowd, which was beside itself with enthusiasm. The victory was no less a credit to Star Pointer, who gained on his previous record more than did Gentry. The climax was over with this heat. The horses were tired and the race seemed, by virtual agreement, to belong to Gentry, who won the third easily by a length. Time, 2:05%. The drivers were Andrews for 'gentry, McClary for Star Pointer, and both are loud in praise of the track, now proven, according to one trainer, the fastest in the country. The race was for a $5,000 purse. SLAIN BY HIS SON. A 17-Year-Old Youth Kills HU Father in Defense of His Mother. Wilmington, Del., Sept. 12. —John H. Milliken, a farmer of Centerville, Md., was shot and killed by his son, Percival, aged 17 years, Thursday night. Milliken was under the influence of liquor and he cut his wife’s hands and arms with a knife. The mother and son went to the second story of their home and the father followed them with the intention of assaulting them with an ax. The mother fled by way of the window, and Percival shot the father through the heart with a shotgun as he came upstairs.

Cases of Gold Arrive, New York, Sept. 12. —The HamburgAroerican line steamer Fuerst Bismarck, which arrived Friday morning front Hamburg, Southampton and Cherbourg, brings from Southampton 39 cases of gold coin valued at $1,503,000 and from Cherbourg 42 cases valued at $2,129,200. The aggregate arrivals thus far are $23,172,050. Lazard Freres have deposited $3,000,000 gold in the subtreasury in exchange for greenbacks. Cincinnati Firm Fails. Cincinnati, 0., Sept. 12. Pearce, Atkiu£ & Cos., proprietors of theJTranklin cotton mills at 103 West Second street, assigned Friday raorniug 'for the benefit of creditors. Assets, liabilities, $103,000. No preferences Dull business and slow collections are the alleged cause of the failure. . Red Men Select Philadelphia. Minneapolis, Minn., Sept. 12. —The great sun couneU of the Improved Order of Red Men voted to hold the next council at Philadelphia. Appropriations were made for a suitable celebration of, the semi-centennial at that time.