Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-10-11
tied and it has, in my opinion, been settled for

tied, and It has, in my opinion, been settled for
''Tnis does not imply that silver is to have NO
pace th , ~ our monetary system What is 70 be
problems which time and events alone can
solve. 1t Is not possible, under existing cir
cumstanees, to establish and maintain . stable
reason alone, II there were NO others, we are
bound to place some reasonable limitations upon
the coinage and useof silver
Reasonable limitations upon the coinage and
use Of silver!'' Under the advice Of the Hon
orable Secretary, the Sherman law was repealed
and the coinage Of silver dollars Is stopped alto
the Treasury vaults is not permitted Whatever
may be thought Of the ''reasonableness" Of
And the Secretary assures us that this question
has been settled for all time to GOMEZ 1
not be settled by the mere dictum Of any oficial
II ought not to be SO settled. If the present
settlement lie final, then the final settlement
with the eloquent and complacent guest Of the
New York Chamber Of Commerce. I will let
Der of Congress before he was Secretary. When
member Of Congress, and while advocating q
silver coinage bill, he said:
81 know that the worlds stock of precious
metals is none too large. and see no reason to
apprehend that it will ever become so. Man.
production of gold and silver coin shall keep
pace with the annual increase of population,
commerce and industry. According to my view
have been formed here and in Europe to destroy
by legislation and otherwise from three-sevenths
to one-half of the metallic money of the world
Is the most gigantic crime of this or any other
age The contamination of such a scheme
would ultimately entail more misery upon the
famine that ever occurred in the history Of the
world The absolute and instantaneous de-
Of the world, including houses, ships, railroads
merce, while it would be felt more sensibIy at
the prolonged distress and DISCRIMINATION of
society that must inevitably result from the
permanent humiliation of one-haf Of the me-
tallic money in the world.''
Is 1t not SURPRISING strange-truly wonderful
indeed-these sudden quick, instantaneous con-
tics has been solved. Preetezza! change! Now
you see it, now you don't! What has wrought
TINS inexPeaSie wnaf sub
existing when Carlisle and Mills made their
great congressional speeches remain practically
unchanged today. England, France, Germany,
had already, long before that, established their
tnti- silver policies There was already wide
margin in the commercial values of silver and
gold Since then the United States has repealed
the Bland law and substituted the Sherman law !;
and since then on the advice of the secretary and
with the vote of the senator, they have repealed
he Sherman law, and practically closed our
mints against silver altogether. The mints of
imperial edict from London. This was done
turing the fight in Congress over the repeal OF
the sherman law It was done to strengthen
here. 1t was an English reinforcement sent
over to our national bankers 1t came like a
Hessian squadron to aid the Tories.
Aside from what we have ourselves done
within the last four years, and the simultane-
GUS British assault on silver in India, the con-
existing when Carlisle declared that silver de-
monetization would ultimately entail more
pestilenca and famine that ever occurred" and
when Mills sounded his bold appeal to the ''un-
purchas ed representatives of the American peo-
ole to stand in the breach and call the battle on,
and never leave the field until the peoples
money shall be restored to the mints on equal
If the margin between the commercial value
Of gold and silver has widened somewhat since
Carlisle and Mills left the House Of Representa-
gentlemen. as Secretary and Senator, have
Joined the hue and cry, and promoted, by vote
ae WHAT reaeon was there for
this sudden shifting Of position? know of but
one reason, and that is that the president
New York to his ofice at the White House In
Washington and ordered it. Who wanted this
cbanss rreat and
industrial forces of the country-demandtng 1t?
On the contrary, from these sources alone came
the large manufacturers, the option dealers,
Che boards of trade, the great commercial ex-
onegSs he Of o
try-did demand it, just preceding the panic
OF 1898, the Bankers Association of New York
issued and sent out a secret circular to leading
banks throughout the country, in which 1t was
s:The interests Of national bankers require
immediate financial legislation by Congress
Silver, silver certificates and treasury notes
must be retired. Make money stringency felt
among your patrons, especially among tnfuen-
tial business men. Advocate an extra session
of Congress for the repeal of the purchasing
eetition TO Congress- for it's nncondisionai repeai
as per accompanying form. Use personal in
fuence with congressman. and particularly let
future life of national banks. as fixed and safe
depends upon Immediate action,
as there is an increasing sentiment In favor of
government legal-tender notes and silver COIN
age"
CUISINES INTERESTS
These are the people who have demanded ad-
verse silver legislation, and whose potent voice
triumphaut The ''business interestsl'' What
does that mean? 1t is term which is being
constantly ding -donged in our ears The 'busi-
ness interests are always on the stage, in the
fore ground, demanding that this thing be done
ject Of legfslati or governmental policy is
under consideration, the business interests"
leap forward with some imperative demand.
our institutions. everything, must yield to this
Intangible something christened the business
inserests"-I mean those .'business interests
we hear so much about? Whatever they are,
they are very powerful, since they have pretty
much their own way about everything. Who is
permitted within the sacred precincts of that |
charmed circle? Who is quartered within the |
and who falls without? Who is |
counted? The National bankers. the trust COM |
panies, the money-1enders? Yes. The man |
with q mortgage on his home2 No. The pro,
tected manufacturers? Yes. The unprotected
consumers? No. The option dealers, who |
make great fortunes gambling In the products
Of honest labor? Yes. The farmers, who reap |
the golden grain and pick the snowy cotton at |
prices scarcely repaying the cost Of produc- |
ton? No.
1 am opposed to these Cuisines interests
iomi mating and debating the policies of the |
Like all others, they should be |
fairly justly and conservatively treated, but |
mean the rule of wealth. 1t would put Wall |
street in control of our finances. It would per
sh sre-holders of the great truss to write their |
M. I'M In The tariff achsdulea 1t Mnnld indicate |