Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-11-03

lore MS inauguration to Office to STOP
the coinage of silver dollars, and after
| wards, and to the end OF his admins
tration, persistently used his power tc
that end. He was determined to con
tract the circulating medium and de-
monetize one of the coins of commerce
limit the volume of money among the
people, make money scarce and, there
fore, dear. He would have increased
| the volume of money and diminished
the value of everything else money
the master, every thing else the serv.
| ant"
In his annual message to congress IL
December, 1890, President Harrison
said with reference to the operation Of
said Sherman silver law, then but re-
Gently passed:
1.-The enlargement of our currency by
the silver bill undoubtedly gave an up.
ward tendency to trade and had q
marked effect on prices, but this nat.
ural and desired effect of the silver leg
islation was by many enormously Of
| tributed to the tariff act"
In his message of December 6, 1892
| President Harrison, speaking Of the
international monetary conference
then in session (the last one that ever
metz, said:
"If any temporary check or delay In
tervenes, believe that very soon COM
mercial conditions will compel the now
reluctant governments to unite with lis
| in this movement to secure the enlarge
ment of the volume of coined money
! needed for transaction of the business
of the world"
| But the reluctant governments have
not united with us, and show no dis
position to do so. Prince Bismarck
says the surest way to secure their CO.
operation is for the United States to
declare for international bimetallism.
Gen. John A. Logan said of the policy
of contraction that accompanied the
demonstration Of silver:
II, for one, can see benefit only to the
money-holder and those who receive
interest and have fixed incomes. ]
can see, as result to this legislation,
our business operations crippled and
wages for labor reduced to mere pit,
lance. / can see the beautiful prairies
of my own state and of the great west,
which are blooming as gardens, with
cheerful homes rising like white tow
ers along the pathway of improvement,
again sinking back to idleness. car
see mortgage fiends at their hellish
work. I can see the hopes Of the IN
dustrious farmers blasted as they burn
corn for fuel because its price will not
pay the cost of transportation and div
idends on millions of dollars of ficti-
tious railway stocks and bonds. can
see our people of the west grooming and
burdened under taxation to pay debts
of state, counties and cities incurred
when money was more abundant and
bright hopes of the future were held
out to lead them on. l can see the peo-
pie of our western states, who are pro-
ducers, reduced to the condition of
serfs to pay interest on public and
private debts to the money sharks Of
Wall street, New York, and of Thread
needle street in London"
Senator William B. Allison, of Iowa,
said in the senate June 6, 1890:
1.-The affairs of this world cannot be
conducted upon the single basis of
gold; and the war and contest to-day is
between those who seek to destroy and
outlaw silver and those who seek to
place it upon an equality with gold.
That is the contest; and am for the
full and complete restoration of silver
as one Of the coin metals of the world,
and therefore, 1 propose to do whatever
can to promote that most desirable
object"
Bob Ingersoll said: "Silver was de-
monetized by fraud. 1t was an impo-
| sition upon every solvent man; fraud
upon every honest debtor in the United
States. 1t assassinated labor. 1t was
| done in the interest of avarice and
greed, and should be undone by honest
men. The farmer should vote only for
| such men as are able and willing to
guard and advance the interests of la
bor."
SENATOR Inurston said: lit is better
that we should, if necessary, buy gold
at premium to settle our foreign bal.
ance with than that the American peo-
pie should be compelled to pay higher
prices in human labor and human en-
deavor for a dollar because of the
adoption of the single gold standard
/ am an advocate of the American the
Dry. have no doubt the remonetiza-
ton of silver in the United States
would speedily and certainly appre.
ciate the price of silver, not only in
this country, but throughout the whole
world"
EX-Congressman Butterworth, OF
Ohio, in recent letter, said:
rs it not folly to suppose that the
capitalists of England they are
the capitalists of the world-will be
easily persuaded to agree or consent
to bimetallism? Why should they
How is it to their interest to do SO, while
we consent to make it to their advan.
tage to refuse? They nave doubled the
value of their credits by demonetizine
silver, and thus, in effect, doubled
the interest received by them. The
| United States blundered into that traE
and within year beggared millions Of
her citizens, and, if we adhere to the
blunder, will beggar 100000 more, anf
double the burden of every debtor AM
every burden-bearer in the land"
The republican national platform Of
1888 said, William Mckinley being
chairman of the committee on plat
form:
''The republican party is in favor o.
the use Of both gold and silver a.
money and condemns the policy of the
democratic administration (Cleve
lands first administrator in it's eff
forts to demonetize silver"
| The renuhlican ne tional ,,laffnxx.a a.