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cured when controlled by a few financiers and that national honor can only be maintained by servile acquiescence in any policy, however destructive to the interests of the people of the United States, which foreign creditors, present or prospective, may desire to force upon us.
It is a cause of congratulation that we have in this campaign not only the support of the Democrats, Populists and Republicans who have all along believed in independent bimetallism, but also the active co-operation of those Democrats and Republicans who, having heretofore waited for international bimetallism, now join with us rather than trust the destinies of the nation in the hands of those who are holding out the delusive hope of foreign aid, while they labor secretly for the permanent establishment of the single gold standard.
While difficulties always arise in the settlement of the details of any pian of co-operation between distinct political organizations, I am sure that the friends who are working towards a common result always find it possible to agree upon just and equitable terms. The American people have proven equal to every emergency which has arisen in the past, and I am confident that in the present emergency there will be no antagonism between the various divisions of the one great body which is marching to repel an invasion more dangerous to our welfare than an army with banners.
Acknowledging with gratitude your expressions of confidence and good esteem, I remain, Very truly yours,
W. J. BRYAN.
Senator Butler delivered the notification to Mr. Watson, the Populist candidate for the Vice-Presidency.
MR. SEWALL'S SPEECH AND LETTER.
GIVE below the speech delivered by Mr. Sewall at the notification meeting at Madison Square Garden and his letter of acceptance, which was published some weeks later.
Mr. Sewall's Speech at Madison Square Garden.
Mr. Chairman and Gentlemen of the Committee: You have given me official notice of my selection by the Democratic National Convention as its candidate for Vice-President.
For the courteous terms of your message and the kind personal expressions I thank you.
Having been present at that great convention I can more truly estimate the honor its action has conferred.
It was the greatest and most earnest convention in the history of our party. It was closer and more in touch with the people. The delegates were there to voice the sentiments of their constituents, the people of the party, for the people of the party controlled and conducted that convention.
The Democracy of the country realize that all the great principles of our party are as potent and essential to the well-being of the country today as they have always been, and as they ever will be, but the overshadowing issues before the country now, made dominant by the distressed condition prevailing throughout our land, is the demand for reform in our existing monetary system.
Our party and, we believe, a great majority of the American people, are convinced that the legislation of '73 demonetizing silver was a wrong inflicted upon our country which should and must be righted.
We believe that the single gold standard has so narrowed the base of our monetary structure that it is unstable and unsafe, and so dwarfed it, in its development and in its power to furnish the necessary financial blood to the nation, that commercial and industrial paralysis has followed.
We believe that we need and must have the broad and expanding foundation of both gold and silver to support a monetary system strong and stable, capable of meeting the demand of a growing country and an industrious, energetic, and enterprising people; a system that will not be weakened and panic stricken by every foreign draft upon us; a system that will maintain a parity of just values and the nation's money, and protect us from the frequent fluctuations of today, so disastrous to every business and industry of the land.
We demand the free coinage of silver, the opening of our mints to both money metals without discrimination, the return to the money of our fathers, the money of the Constitution, gold and silver.
We believe this is the remedy and the only remedy for the evil from which we are now suffering-the evil that is now so fast devastating and impoverishing our land and people, bringing poverty to our homes and bankruptcy to our business, which, if allowed to continue, will grow until our very institutions are threatened.
The demonetization of silver has thrown the whole primary money function on gold, appreciating its value and purchasing power. Restore the money function to silver and silver will appreciate and its purchasing power increase. Take from gold its monopoly, its value will be reduced and in due course the parity of the two metals will again obtain under natural causes.
We shall then have a broad and unlimited foundation for a monetary system, commensurate with our country's needs and future development, not the unsafe basis of today reduced by half by the removal of silver and continually undermined by foreigners carrying from us our gold.
This is the reform to which we are pledged, the reform the people demand, the return to the monetary system of over eighty years of our national existence. The Democratic party has already given its approval and its pledge. Our opponents admit the wisdom of the principle for which we contend, but ask us to await permission and co-operation of other nations.
Our people will not wait. They will not ask permission of any nation on earth to relieve themselves of the cause of their distress. The issue has been made. The people stand ready to render their verdict next November.
Mr. Chairman, unequivocally and through sincere conviction, I indorse the platform on which I have been nominated.
I believe we are right; the people are with us and what the people declare is always right and must prevail.
I accept the nomination, and, with the people's confirmation, every effort of which God shall render me capable will be exerted in support of the principles involved.
Mr. Sewall's Letter Accepting Democratic Nomination.
Bath, Me., Oct. 6, 1896. Hon Stephen M. White, Chairman, and Members of the Notification Committee.
Gentlemen: I have the honor to accept in writing, as I have already verbally done, the nomination tendered by you on behalf of the Democratic party as its candidate for Vice-President of the United States.
And in so doing I am glad first to express my satisfaction that the platform of our party, which has commanded my lifelong allegiance, is honestly and fully declaratory of all its principles and especially of the absorbing financial issue upon which, as you say, I took my stand, "When the hours of triumph seemed remote, and when arrogant money changers throughout the world boasted that the conquest of the American masses was complete." These principles have been of late in abeyance, but only because those whom we trusted to maintain them have failed to do so; these principles can never die.
We have rescued our party from those who, under the influence of the money power, have controlled and debased it. Our mission now is to rescue from this same power, and its foreign allies, our own beloved country.