Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-05-26
THE RESOLUTIONS.
Convention Sets Forth the Belief Of
More than Seven Hun
dred Delegates.
Declares for the Free and Unlimited
Coinage of Silver at a Ratio
Of 16 to /.
w. L. Reade of Des Moines amidst
cries OF "louder" read the majority re-
port of the committee on resolutions,
THE PLATFORM.

eAOA oooCAAOlSo ueIeUy ItdluFuS lCS
allegiance to the time honored demo-
cratic doctrine of bime tallism, to the
use of both gold and silver as primary
money, and the coinage of both at
ratio without charge or limit.
s'We hold to the use of both gold
and silver as the standard money of
the country and to the coinage OF
both gold and silver without discrim
tuition against either metal or charge
for mintage.
I'm the Judgement of this CONVEX
ton, the explicit pledge of the nat.
democratic party, if fairly and honor
ably kept requires the constant effort
of every loyal democrat to accomplish
the repeal of all laws HERETOFORE enact
ed through the lnstrumentality of the
republican party which do in letter
and spirit alike discriminate against
silver and in favor of gold and the
substitution thereof of affirmative
legislation which shall upon some
terms or other restore silver to equal
rights with gold in the minis and
coinage of the country.
Second: We hereby confirm as a
deliberate conviction of this conven-
ton that the act of 1873 in so far as it
demonetized silver and established
gold as the single unit of value, is
fragrant violation of one of the most
Important provisions of the constitu-
tuition of the United, States, viola
ton which every political party ought
to condemn and every good citizen
ought to assist in expunging from the
statues of the republic. We there
fore favor the immediate repeal of all
laws by which silver was demone-
tiled and demand its unqualified res
storation to the right of free and I'M
limited coinage in the minis of the
nation as money of final redemption,
at the old ratio of 16 to 1.
Third-We recognize the fact that
upon this question the country has
reached crisis that can no longer be
evaded. or postponed. We know that
the result of the conflict must be a re-
turn to the money of the constitution;
or the substitution therefor for all
time to come of standard of values,
born of British aristocratic greed,
that doubles the purchasing power of
money, and
In behalf of the toiling millions of
this Republic, we welcome the con-
fiict and pledge the democratic party
of Iowa to stand by the constitution,
to defend the right; to beat back with
all its strength every wonderful ag-
gression of the money power of the
old and new world alike, and to aid
to the utmost limit of its ability in
restoring to ourselves and our pos
terity the sacred heritage of our f.
nancial system 0equeathed to the
American people by the fathers of
the republic; and which was equally
fair and just to all citizens, and in this
effort we cordially invite the cooper
alton of all good citizens without ref
erence to political affiliations in the
past.
Fourth-We hereby enter our most
earnest protest against all schemes
for the retirement of our non interest
bearing national paper currency and
1he s Institution therefor of five-hun-
dred millions of interest bearing
bonds to become an additional burden
upon the producing classes, that nat
ional banks may be supplied with in
terest bearing capital on which to
transact their individual business.
And we also protest against the
further issuance and sale of govern
ment bonds to acquire gold with
which to redeem such currency, and
demand of the government that it
shall her eater redeem the same with
the coin of either metal it may pos
sess in strict accord with both the
spirit and the letter of the law.
Fifth-We denounce as transpar-
ent fallacy the claim that labor can
be benefited by the maintenance of
a single gold standard as the basis
OF our financial system. The exper-
fence OF all ages and of every country
alike clearly demonstrates that con-
tracted currency invariably compels
q contraction of business, the lessen
ing of Industrial enterpr ises;
the enfor1ed 1dleness of
great numbers of the working classes;
and nothing of which the human
mind can conceive is more clearly
selfevident than the naked truth
that the wages of labor must ALWAYS
be adjusted to and correspond with
the prices of labor's products in the
markets in which they are sold.
simultaneously desiring to pro-
mote the best interests of the labor
ing people we favor the appointment
OF cabinet official to be known as
Secretary of Labor, whose duty it
shall be, in all cases of tariff protected
industries, to investigate, ascertain
and report to congress what share, if