A History of the Republican PartyPlatt, George Washington
History
A History of the Republican Party
Platt, George Washington
Republican Party (U.S. : 1854- ) -- History
In asking the American people to indorse this Republican record, and
to renew their commission to the Republican Party, we remind them of
the fact that the menace to their prosperity has always resided in
Democratic principles, and no less in the general incapacity of the
Democratic Party to conduct public affairs. The prime essential of
business prosperity is public confidence in the good sense of the
government and in its ability to deal intelligently with each new
problem of administration and legislation. That confidence the
Democratic Party has never earned. It is hopelessly inadequate, and the
country's prosperity, when Democratic success at the polls is announced,
halts and ceases in mere anticipation of Democratic blunders and
failures.
MONETARY LEGISLATION.
We renew our allegiance to the principle of the gold standard and
declare our confidence in the wisdom of the legislation of the
Fifty-Sixth Congress, by which the parity of all our money and the
stability of our currency upon a gold basis has been secured. We
recognize that interest rates are a potent factor in production and
business activity, and for the purpose of further equalizing and of
further lowering the rates of interest, we favor such monetary
legislation as will enable the varying needs of the season and of all
sections to be promptly met, in order that trade may be evenly
sustained, labor steadily employed, and commerce enlarged. The volume of
money in circulation was never so great per capita as it is today.
FREE COINAGE OF SILVER OPPOSED.
We declare our steadfast opposition to the free and unlimited coinage of
silver. No measure to that end could be considered which was without the
support of the leading commercial countries of the world. However firmly
Republican legislation may seem to have secured the country against the
peril of base and discredited currency, the election of a Democratic
President could not fail to impair the country's credit and to bring
once more into question the intention of the American people to maintain
upon the gold standard the parity of their money circulation. The
Democratic Party must be convinced that the American people will never
tolerate the Chicago platform.
TRUSTS.
We recognize the necessity and propriety of the honest co-operation of
capital to meet new business conditions, and especially to extend our
rapidly increasing foreign trade; but we condemn all conspiracies and
combinations intended to restrict business, to create monopolies, to
limit production, or to control prices, and favor such legislation as
will effectively restrain and prevent all such abuses, protect and
promote competition, and secure the rights of producers, laborers, and
all who are engaged in industry and commerce.
PROTECTION POLICY REAFFIRMED.
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