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

.r..e.~- Rl.-,s. 81 sssc-rs.-
Conrressman Hack Of the Thnth
Georria district has written !. letter to
ex-senator Walsh which the Atlanta
Consultation PRODUCES in part:
Mr.. Black makes it clear that gold
and silver are the money of the consti-
tuition, and constitute the standard of
value. In this connection he quotes
Justice Clifford. of the federal supreme
court, as follows:
Argument to show that the ma
tiona1 treasury was organized ON the
basis that the gold and silver coins Of
the United States were to be the stand
ard of value is Unnecessary AS it is = his
torical fact which no man or body of
men can ever successfully contradict "
Justice Field, Daniel Webster, Mr..
Benton and the late Judge Warner, of
Georgia, are quoted on the same line.
These authorities held that gold and
silver are our constitutional money,
and therefore a legal tender without
any further legislation on the subject.
Referring to Mr.. Carlisle's professed
inability to understand what is meant
by a double standard. Mr.. Black de-
clares that it is well established his
torical fact that both gold and silver
have been used as standard money by
practically the whole world for hun.
dreds of years and until the last quar-
ter of a century. From the founda-
ton of our government until 1878 the
dollar has been our unit of value and
this unit rested upon silver as we'll as
gold. Mr.. Black also reminds Mr..
Carlisle that our government has par
ticipated in three monetary confer
ences called for the purpose of re-
establishing the double standard.
Secretary Manning. of MIR. Cleve-
lands first administration, in one of
his official reports favored the restora-
ton of the double standard. and pre-
dicted that it would renew general
prosperity. To show that the demo-
cratic party is pledged to the double
standard, Mr. Black SAYS:
ssThe national democratic platform
of 1880 demanded money consisting of
gold and silver. The platform of 1884,
upon which Mr.. Cleveland was first
elected declared the belief of the marty
IA the gold and silver coinage of the
constitution. The platform of 1883 re-
affirmed the platform of / ss4. The
much discussed platform of 1892 de-
clared in favor of the use of both gold
and silver as the standard money of
the country and the coinage of both
gold and silver without discriminating
AGAINST either metal or charge for
mintape.'n
After quoting from numerous Amer
can and European financiers and states
men of high standing to show that biz
metallism is the natural standard. Mr..
Black takes up Mr.. Carlisle's Memphis
and Louisville speeches and overthrows
eyery important statement in them.
The congressman arones that this
country is Able to restore and maintain
the double standard. Even if we had
only the single silver standard he holds
that our increased trade with the sill.
yer countries would enable us to hold
our own. In conclusion he saws:
1--WE have tried devices and make
shifts. and we have suffered. as must
ALWAYS be the case when we depart
from correct principles. The situation
seems to demand that we shall do
something. Shall we go further in the
wrong direction or shall we turn our
faces again to the right path, although
we must reach it through difficulties?
Can we not, and ought we not, to re-
store the old landmarks? May we not
run what risk there is in reasserting
and undertaking to re-establish the sn-
premacy of views and policies which
are certainly in harmony with, If not
demanded by. the constitution of our
country, and under which we have
heretofore lived and prospered? They
tell us we are weak, but when shall
we be stronger?'
81 am opposed to the single gold
standard for the following reasons:
"First, because there is a grave
doubt as to the constitutional author
ity to do what it openly proposes and
what believe it will irresistibly lead
to. If the constitution has Joined gold
and silver together as part of our
monetary system, it is not within the
power of congress to strike either one
of them out of it.
..Second, because 1 do not think its
final establishment will promote the
general good.
Third, because it is contrary to the
traditions, doctrines and policies of
the democratic party as heretofore
uniformly and everywhere expressed
in its platform. national and state. in
both houses of congress. before the
people through its nress and nuhl;c
sneakers
.sFonrth because belize. :. vv;,l
still further centralise and strenothen
influences In the country that are