The morning call. [volume] (San Francisco [Calif.]) 1878-1895, 1895-01-09
BUT ONE POLITICAL ISSUE.
BOies on the Great Need Of
the Hour.
SILVER MUST BIZ REHlBILITATED.
The Party That Will Devise Some Prac.
tical Plan Will Receive the
Popular Support.

OMAHA, Jan. S--The Jacksonian Club,
the leading Democratic organization Of
the State, celebrated the eighty-second
saint by a banquet at the Mercer Hotel
tonight. All the notables of the State
Democracy were present Ex-Governor
Horace Boies of Iowa was the principal
speaker of the evening. Elk Governor
Boies turned his attention to the currency
question and said:
''Some effort, it is true. has been made
to establish the free coinage of silver
at the old or some other ratio, but this
lacked one Of the essentials outlined by
both parties, to wit, proper legislative safe
guards to maintain the parity of the two
metals. To say that no legislation beyond
an act providing for the free coinage OF
silver at the old or some other ratio less
than that which represents its commercial
value with gold is all that is necessary to
preserve their parity when coined is to
assume what is not proven, and to say that
under existing circumstances IL would not
have effect is the statement of pr0po-
stion equally unsupported by any de-
monstrated fact.
"The coinage of the silver dollar for use
in the ordinary business of the masses
would, believe, then become self-regu-
latinR. Whenever the volume reached a
limit beyond which it could not be used
its further coinage would cease because Of
the want of the demand for it, and up TO
that limit it would continue, because IN
der the plan l am trying to outliEe less
bullion would be required to make it than
is its equivalent in the larger silver coins
of the country.
This being done, l believe Congress
will then establish ratio between gold
and silver, at which, in the judgment of
conservative men, friendly 10 the free use
Of both as money metals, their parity
would be likely to be main tained. l know
this could not be accom- lisaed except
through a compromise of equally honest
but conflicting opinions
"a ratio being established, Congress
should then provide for the free mintns of
both gold and silver into coins Of the de-
nomination of So $40 and $50, and sneuld
provide that upon the deposit of either of
these coins, or their equivalent in bullion
of either metal, in the treasury or any of
the sub-treasuries of the United States, the
Government would issue coin certificates,
redeemable within a specified number of
yesrs, al the option of The Government as
to the time and payable in gold or silver,
at the ratio esta blshed, at the option OF
the holder Of the certificates.
I'm the whole field of national politics
there is, in my Judgment, but one question
in sight that is of sufficient importance to
arouse the masses. If the next national
democratic Convention Will discard politi-
cal platitudes of every description, commit
the party BeQuivccally to a ratio at which
gold and silver shall be equally freely coined
and point out in explicit terms the leg
isIation that should be adopted to preserve
the parity of the two metals, and do this
in a rational and reasonable way. the
II asses of American voters will come to
the aid Of the party thus committed and
the Democracy will again be triumphant.
Ii it fails to do this, changing circum-
stances or better judgment than my own
must reveal the issue on which it can sue
ceed.''
A letter of regret was read from Hon.
W. j. Bryan. who was unable TO be pres
emf,