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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Mooresville Guide
Location
Mooresville, Indiana, United States of America
Date
Aug 07, 1896
Page
6
A wide array of editorials from Chicago to Alabama condemn the Chicago platform advocating free silver while urging unity for sound money. Critics warn the party risks policy splits, economic upheaval, and potential defections if it embraces populist planks.
Chicago Staats Zeitung argues democracy now serves old discredited forces praising a strong federal government honest currency and credit. It cites Bryan Tillman and Populism as threats to the nation while urging Republicans to unite behind McKinley for stable money and national honor.
The New York Sun argues Democrats should vote for McKinley and Hobart to defend national institutions. It urges avoiding a split by backing a sound-money Democrat only if necessary, praising unity for the country’s sake and urging duty over personal comfort.
The article analyzes gold movements and the impact of tariff policy from 1878 to 1892 and 1893 onward. It notes net gold outflows in years like 1889 and 1891 due to tariff anticipation and the Baring failure, and contrasts Republican protection with Democratic tariff reform, claiming substantial debt and gold losses under free trade while urging protection as beneficial.
The piece lists Democratic editors across states who bolted their party and delves into Rockford banking, arguing creditors are depositors. It asserts bankers are debtors, cites Rockford’s 13 bankers with 3.4 million dollars in deposits from 9,500 residents, and compares national deposits to voter counts to refute free silver.
At the annual meeting of the United States League of Local Building and Loan Associations held in Philadelphia on July 23, a resolution on monetary policy was adopted. It states the standard of value since 1878 should remain inviolate, all classes deserve equal value for money, and the US dollar must be maintained with full faith and credit worldwide free from debasement.
The piece discusses whether creditors dominate the population and oppress debtors, likening bankers and money lenders to vampires draining the country. It references Rockford's status as a major furniture center and questions the spread of creditor power from a local to national level.
A national convention held in Chicago under party authority rejected regular delegates and endorsed free coinage of silver at 16 to 1. It denounced the current Democratic administration and nominated a president not aligned with Democratic convictions.
July 11 report from Springgeld Alabama states Senator Joln Moopagmer openly denounces a Chicago platform and predicts Democratic defections in Sangauien county. He urges a cross state convention to nominate candidates and to absorb the Debo ernie organization while warning against the Populist split. He says Bryan will get semi Populist support and endorses a convention candidate as suitable for a populist aligned ticket.
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