Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1894-12-06
Democrat" Again.

Oem0cIat again.
Ed. Register-You call me a Gold
Democrat. 1 might be one, if I had
possession of large quantity of this
so much desired stuff, but as l am a
poor man, | call myself Gold and Sill
yer Democrat, and am very sorry that
but SO small quantities of silver are
rolling towards me. did not intend
to have public arguing by my "drop-
ping few lines to you," and l confess
at once, that [ could not follow with
the pen. l took them to be an indi-
vididual criticism only after the lost
battle. As to my view of the silver
question, l know, l cannot convince
you, and l hardly believe you will con-
vert me, although we both stand
shoulder to shoulder with the great
principles of Democracy. Now l hold
the free minting of silver is not exact
y a principle of this party at large; it
is in my view temporary issue. orig
mated by lucky rich silvermine
shareholder, who earnestly did believe
what would be good for him would be
good for everybody else. We had be-
levers in this doctrine, as we'll as the
inventor of the populist doctrine with
his demand for thousands of millions
paper dollars, or General Coxey for as
sistance of every ldler in work and
money from the Government. and the
consequence was the passage OF the
Bland bill, with an abundance of mint
ed silver; thence the Sherman bill with
a super abundance of bar silver, and
both bills diminished our gold reserve.
The platform of the Democratic party.
if am right. says nothing OF free
minting OF silver, but that the money,
the Government issues, gold. silver
and paper, must always be of the like
value aud of equal buying power, and
and the present acknowledged value
measure is gold. If gold is only the
established standard of Rothschilds aud
the money barons of Europe and
America. that they are backed by near
ly all civilized nations, is fact which
cannot be denied, and facts must be
accounted for. Even the Latin Union
of States, with their only silver stand
ard, have ceased, and greatly limited
the minting OF silver coins and make
preparations to adopt the gold stand
ard. Freeminting OF silver will bring
our country in face of our very small
gold reserve to the single silver stand
ard at once, our small gold treasury
would be emptied in less than no time
and the passage of such bills, will set
US with our standard money in oppo-
sition to the other nations, and they
will take our mintea silver for the
market value of the metal it contains
only. not at its stamped face value, to
be saved and stored by them for the
purpose to pay debt to us with our
own money. This would be regress
instead of progress. Our country, as
good and immensely rich as it, is the
pride of all its citizens, is not independ-
ent in itself. We. the citizens, must con-
sider the laws and ruling usages of the
other nations, and in the most import
ant question of state welfare, the mon.
ey question, We must govern ourselves
accordingly. The repeal of the Sher-
man aud Blani bills by our party was,
in my Individual opinions. the great
est blessing for our country, avoiding
financial crashes and panics, worse
than we ever have had them. China
walls have fallen, or will fall in short
time. They have enclosed and shut
off population, according to history
Intelligent aud Industrious, at time
when from the now most civilized
white race nothing could be said. The
Chinese have the silver standard, too,
although that is of no interest to rs at
present. In my opinion, the free
minting of silver would be for our
country like the China walls; we would
be among ourselves. how long and
with what sacrifice am unable to say.
The direct question you request me
to answer, l will try to answer as well
as am able and understand it. Not
being a Goldbug have not been let
into the secret of State inanciering.
In 1873 the German Empire. next to
England, which had the gold standard
always, the best customer and husiEess
friend to our country, adopted the gold
standard, although you see daily just
like here, more silver than gold circu-
lating; and our finance authorities per-
haps calculated it would be wise to be
with these best customers
in this question of importance, and
may be to.prevent the demonstration
of Gold, if silver was per cent. pre-
MUM over gold. ! even admit that
geld could be a fat money standard ii
thare was but one creditor to present
all paper and silver obligations for
but as there are millions
of creditors. such accident never can
happen, and gold will retain its capac-