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A History of the Republican Party by Platt

McKINLEY'S ADMINISTRATION INDORSED


McKINLEY'S

ADMINISTRATION INDORSED.

We indorse the administration of William McKinley. Its acts have been established in wisdom and in patriotism, and at home and abroad it has distinctly elevated and extended the influence of the American nation. Walking untried paths and facing unforeseen responsibilities, President McKinley has been in every situation the true American patriot and the upright statesman, clear in vision, strong in judgment, firm in action, always inspiring and deserving the confidence of his countrymen.

DEMOCRATIC INCAPACITY A MENACE TO PROSPERITY.

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.

justify;">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.


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