Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1895-08-22


Failure to accomplish this object has re-
suited in the steady appreciation of gold and
corresponding fall in the prices of commodi-
ties produced by the people: heavy increase in
the burden of all debts. public and private: the
enrichment of the money-lending classes, para
sites OF industry. and the Impeachment of
the people and unexampled distress in all gold
standard countries Experience has shown
that while under the single gold standard
there may be an occasional revival of business
activity, accompanied by enhanced prices of a
limited number OF commodities, such revival
Is due to artificial and temporary causes and
can not permanently alleviate the sunerings
due to the falling Of prices brought about by
the appreciation of gold, and the inadequate
supply OF primary or redemption money
The rights of the American people. the inter-
ests OF American labor, and the prosperity of
American industry have higher claim to the
consideration of the peoples lawmakers than
the greed of foreign creditors. or the avari-
cious demands made by idle holders of idle
capital.
The right to regulate its own monetary sys-
TEN In the interests of its own people is q
right which no free government can barter,
sell or surrender This reserved right is part
OF every bond. OF every contract and OF every
obligation. No creditor or claimant can set up
right that can take precedence over a ma
tions obligations to promote the welfare of the
masses of its own people. This is a debt high
er and more binding than all other debts, and
one that it is not only dishonest but treasona-
Bile TO ignore. The land and its products are the
basis OF ali development and prosperity. The
productfve capacity of a country must be the
basis Of its credit. In opposing the policy of
contraction, which must inevitably further de-
precfate the value of land and its products. We
are the supporters OF property rights and
sound credit and stand between the homes and
estates OF the people and the red flag OF the
auctioneer.
The policy of gold monometallism has been
characterized by repeated and disastrous
financial panics. The farmers have found
their prosperity and independence constantly
waning under its blighting influence. Manu-
facturers are interested to oppose it. for they
find the prices of goods falling below
the cost of production. Merchants should OPP
pose it. for with falling prices they are often
compelled to sell for less than they paid for
manufactured goods. Neither manufacturer
nor merchant can prosper unless the mass of
consumers realize such prices for their
products and labor to supply themselves
literally with the necessities and luxuries of
life Nor can the wage Garner prosper. for I'M
der depressed condition there is less and less
competition for his labor.
The democratic party is the traditional
friend and champion Of bimetalliSm. The
strength and power of popularity has been
largely built upon it's steadfast opposition to
the demonstration Of silver. and its record Of
unwearied effort to restore it to its historic
place as a full money metal equal with gold.
The effort at this late day to make it par ex-
celience the champion OF gold recommendation.
| the enemy of the policy it has upheld and the
defender of the crime it has denounced. is
| effort to dshonor its record, its promises and
| its principles.
| into this position it heaps obloquy on it's past
and crowns its great ad versary with glory and
honor.
Duty to the people requires that the party Of
the people continue the battle for bimetallism
| until its efforts are crowned with success;
therefore, be it
II 80 o ed, That the democratic party. in ma
tional convention assembled. should demand
| the free and unlimited coinage OF silver and
gold into primary or redemption money at the
ratio Of Is to l, without waiting for the action
| or approval of any other action.
Resolred-Second. That it should declare Its
| irrevocable position to the substitution for
| metallic money of panic-breeding. corpora
tion-credit currency based en- single metal,
| the supply Of which is so limited that it can be
cornered at any time by few banking institu-
| tions in Europe and America.
| Resofred-Third, That it should declare it's
| opposition to the policy and practice of sur
rendering to the holders of obligations of the
United States the option reserved by the law
| to the government of redeeming such obliga-
| tions in either silver coin or gold coin.
Resotred-Fourth. That it should declare its
opposition to the issue of interest bearing
| bonds of the United States in time of peace,
and especially to placing the treasury of the
| government under the control of any syndicate
| of bankers, and the issue of bonds to be sold
| by them at an enormous profit for the purpose
| of supplying the federal treasury with gold to
maintain the policy of monometallism.
With a view to securing the adherence to and
| readoption Of the democratic financial policy,
| above set forth, by the democratic national
| convention to be assembled in 1896, and of the
| nomination OF a candidate for the presidency
| well known to be in hearty sympathy there
| with, we hereby pledge our mutual Corpora
| ton, and urgently recommend to our democratic
brethren in all the states to at once begin and
| vigorously and systematically prosecute the
| work of a thorough organization, and to this
| end the adoption OF the plan of organization
| herewith submitted is recommended.
The address was mainly the handi-
work of Gov Stone of Missouri, who
| was one of the active forces of the con-
| ference. The governor was assisted in
drafting the address by Senator DANIEL,
| of Virginia. and Mr.. Carmack, editor
of the Memphis Commercial
| PLAN OF ORGANIZATION. :
The plan of organization was the
work of ex-senator Jarvis. of North
Carolina, and only provided for an
| executive committee, composed of one
! man in each state and territory and
the District of Columbia. The details
| of organization in each state and terri
| tory are under the general supervision
and control of the national committee
| man from the state or territory.
Here follows the plan as submitted
by Senator Jarvis and adopted by the
conferences:
| Believing that large majority OF the demo-
| cratic voters of the United States are in har-
mony with the sentiments expressed in the
| foregoing address, and knowing that full and
| free expression of their views can only be as
| certained and made effective through proper
| organized efforts. we recommend the following
| as a plan for such organizations:
| Ffrst-There shall be a national comm1ttee
/ of democrats, who are in favor OF Dotn silver
/ and gold as the money OF the constitution'
which shall be composed OF one democrat from
| each state and territory and the District OF
| Columbia and the executive committee here
/ matter provided for.
| Second-That until otherwise ordered by the
| national committee, Senators Isham g. Har-
| ris of Tennessee: James K Jones, OF Arkan-
| sas and David Turpie, OF Indiana, and Hons
W. J. Stone. OF Missouri: W. h Hinrichsen, OF
| Illinois, and Casey Young. OF Tennessee, De,
/ and they are, hereby constituted the executive
! committee. and shall have full power and au-
| thority and it shall be their duty at as early
| day as possible to appoint the members OF the
| national committee herein provided for and to
| NIL vacancies in the same
| Third-That said national committee shall
have full control and direction OF the patriotic
| effort of the bimeeallic democracy OF the ma
/ ton to secure in the next national democratic
convention the maintenance OF the time-hon-
ored principles and policies Of the democratic
party and when the national committee herein
nroyitled for is not in session the executive