The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1895-08-09
ITS WORK
. "Sound Money" Platform
Adopted by the Iowa DEM
ocratic Convention,
ON SILVER SPIRITED.
Babb of Mount Pleasant IMAM.
imously Named for
Governor.

MARSHALLTOWN, Ia, Aug. 9.-One
of the most notable state conventions
In the history Of the Iowa Democracy
closed in this city last evening. Since
Monday there has been a bitter strife
between the two opposing elements Of
the party-one c~ontending for q ticket
and platform ON q sound money ba.
sis, the other clamoring for free coinage
without waiting for an international
agreement. From start to finish the
white metal contingent did nearly all
the talking, ON the street, in hotel lob
bies, at various headquarters, in com-
mittee rooms, caucusses and finally on
the floor Of the convention. BY an
apparently fortuitous incident the sill
yer men had a fine chance to exploit
their views in convention hall during
the afternoon, from the fact that the
resolutions committee
Got Into . wrangle %
on the financial plank that kept them
in the committee room till nearly 4
o'clock, the currency resolution being
overhauled and reconstructed two Or
three times before IN agreement wa
reached, and the majority making per-
sistent effort to avert the Introduction
Of the minority report. During this
interval the convention did nothing
but listen to free silver speeches by
radical white metal champions. The
controversy grew warm and bitter. and
when the minority report favoring free
coinage was introduced another pro-
longed. silver discussion was precipi-
tated and for awhile the proceedings
were tumultuous. The final roll call.
on the resolutions showed the white
metal men defeated by . vote Of 65l1a
to 1907. A large number Of free sill
yer delegates Immediately left the hall,
not waiting for the nominations.
Babb Named for Governor.
The state ticket was then nominated
as follows:
For governor, Judge W. I. Babb,
Mount Pleasant.
Lieutenant governor, 8. L. Bestow,
Charlton.
Superintendent Of public instruc-
ton, Lyman B. Parshall, Maquoketa.
Railroad commissioner, Colonel
George James, Dubuque.
Supreme judge, Senator Thomas G..
Harper, Des Moines.
Judge Babb made q brief speech Of
acceptance, in which he said he only
accepted because Of repeated urging
and his devotion to the party and its
interests in the state in which he was
born and raised.
It is understood that Bestow will not
accept the lieutenant governorship
nomination. He is a strong free coin.
age man.
Favors "Sound Money"
The financial plank Of the platform
is as follows:
We hold to the use of both gold and sill
yer as the standard money of the country
and to coin both gold and silver without
discrimination against either metal or
charge for mintage; but the dollar unit of
coinage of both metals must be Of equal
intrinsic and exchangeable value, or be
adjusted by international agreement or by
such safeguards of legislation as shall in
sure the maintenance of the parity of the
two metals and the equal power of every
dollar at all times in the payment Of
debts, and we demand that the paper cur
rency shall be kept at par with and re-
deemable in such coin. We insist upon
this policy as especially necessary for the
protection of farmers and laboring classes,
the first and most defenseles victims of
unstable money and fluctuating currency.