The Iowa plain dealer. [volume] (New Oregon, Howard County, Iowa) 1867-1895, 1885-07-16
Iowa Democrats In Poor Business

\ W -
The Greenbackers OF lows have 4
cheerful habit or meeting in con-
vcntion, formulating lot OF reso-
lutions denouncing both OF the old
parties as pirates and frauds, and
then forming fusion with one OF
the said parties and frauds, the De-
mocracy, for the purpose Of beating
the other. There may be choice
In such matters. but the politicians
who submit to yearly castigations OF
this kind and then fall in with the
fellows who laid the lash or and
march proudly to defeat are proba-
bly, worse lot Of pirates and frauds
than the other ones. Love OF offic-
ial plumber and the itch for place
must be uncommonly strong among
Iowa Democrats to permit Of
these degrading alliances. They
are discrcditable In every way to
their party ut home and abroad.
The President would be fully justi-
fed il he absolutely refused to recog-
nize in any manner the Democrats
who are instrumental in making
these bargains with an aggregation
Of ignoramuses and lunatics who are
at war with every sound financial
idea that was ever enunciated.-
Chicago Herald.
The resolutions Of the Greenback
party in denouncing the old parties
simply refers to men entertaining
such financial opinions as the Chica-
60 Herald seeks to promulgate and
establish, and which are as repug-
nant to ninety-nine hundredths Of
the Iowa Democrats us to the Green
hackers. These yearly castigations
lacerate the backs Of very few Demo
Gratis in Iowa; scarcely one agreeing
with the financial policy Of the Re-
publican party, thus far followed by
the administration, instead OF chang
ing measures with its incoming, as
Democrats and Greenbackers had 4
right to expect.
The Republican party "criminallv
changed the standard Of payment
Does the Herald understand wha,
that means? 1t delights in saying
'.ignoramuscs and lunatics" to the
men who differ with it, without civ
ing one substantial reason Their efor
For its benefit, and not for those
whom it SO grossly assails, we vii
endcavor to cnlighten it upon this
subject. II by an enactment Of Con
gress all the weights and measure:
OF the country should De doubled
and all contracts previously made
were required to be literally carried
out, let us ask what would be it:
effect? Every person who had con
tracted to sell any commodity Al
wheat, corn. coal, wood. oats, il
short anything measured or retghed
would be required to give his crcdi
tor twice the amount Of these pro
duets, that he supposed he had
right to demand when the contrac
was entered into, and the creditor
would receive twice the amount tina
the contract originally called FOL
Apply this tc the transactions OF
great commercial people and the re
suit would be a ruined debtor elias
on the one hand, and on the othel
those who had unjustly protited b.
dishonest legislation in their specia
interest. Business depression woul'
come to the creditor class and hoard
ed wealth to the other. as tn
inevitable result But We anticipat
the Herald will say Congress enact
ed no such law. Well, let us Sc
what it did do. With full knowl
edge OF the fact that wiping out on
. half the volume of money would Gu
! down the prices Of commodities an
property one half, it deliberatel
provided for contraction Of the eur
rency, thus requiring the man VIII
had bought farm, built house. o
made any improvement in town 0
!. country; who had introduced i'm
!, proved breeds Of any kind Of domes
! tic animals or of agricultural i'm
) plements where a part or all OF til
payments were deferred, to rails
and sell twice as much grain. butte
pork, beef or horses 10 cancel an
paw his debt as he contemplate
Z when making the purcllas This
: what the Republican party did undt
!, Hugh McCulloch and John Sherman
J. and what is being done under tn
management Of the present admni>
tration, and will continue until be-
ter laws and wiser policies prevail
K The idle money boarded in the Fec
5 cral Treasury only helps to kec
Q prices depressed upon all commod
I ties, thus enabling 500 bon
i or note to take the proceeds ofdoul
G le the property required when II
G people had twice the volume
} money they now have in circulatio
: Although the public deb. has be-
S one half paid since the close Of Il
} war, yet it will require double Il
S amount Of property to pay the III
t paid portion ut present prices, III;
s would have been required to pa
r the entire debt at the close OF IL
n war, at the prices with the gre
It volume OF money then in eirculatio
it And to add still further to the d
G preston in prices the Herald a