The representative. [volume] (St. Paul, Minn.) 1893-1901, 1896-06-10
Il WAKE AT LAST.

GOOD FOR THE IOWA DEMOCRATS.
We have often wondered at the
lethargy of the people OF Iowa. AL
Though purely an agricultural state,
with no large cities, they made no
progress in the path Of Reform. Even
Minnesota, with one-third Of its
population in cities. outstripped
them. And it was not for lack of
Jealous leaders-for they had in Gen.
Weaver one Of the most energetic
and able advocates in the nation.
But campaign after campaign passed
by and yet they slum bered in their
corn fields. They are awake at last.
Even the Democrats have got their
past record Of the party. The state
convention, held the other day at
Dubuque, was phenomenal. 1t was
wildly enthusiastic and radical for
free silver. They elected a delega ton
to the Democratic national conven-
to ExGov. Horace Boies for presj-
dent. A very able and bold man. E.
NJ. Carr, of Delaware county, was
made permanent chairman, and he
delivered a speech of exceptional
force from which we make some ex-
tracts:
Il congratulate you, gentlemen, be-
cause l know that you are here
pledged to the cause OF human rights
and opposed to the seltiShness of
wealth., A great question is now be-
fore the people of the United States.
1t affects every home and every indi-
tween man and MammOn, and l re-
joice TO know that the Democracy of
Iowa stands true to our party's teach
ings, true to the wealth producers of
the nation, true to the tUiling mil
lions Of the land. In this campaign
all masks must come off, all decep-
tions and merchandising end. Four
years ago the platform Of each Of the
great parties declared for the coinage
and use of silver as standard money.
They appeared quito fair to the
casual observer, but on close inspec-
ton were found to contain secret
loophOleS large enough to allow the
escape OF every gold standard official.
There are only two sides to this
question. 1t is bimetallism against
the single gold standard, or "one
lung" standard, as Harvey calls it,
There is no middle gre und for any
party to honestly stand upon, and
this campaign the object will be to
deceive, and retribution will follow.
The gold standard advocates asked
for the repeal Of the purchasing
clause OF the Sherman law, and they
promised prosperity to the country.
Have their promises been kept? Have
not results verified the worst fears of
those who opposed unconditional re-
peal? Since then, h is not our bonded
Indebtedness increased hundred of
millions of dollars? Has not every in
dustry suffered from steady fail in
prices? II a tree is to be judged by is
fruit, must not law or policy be
judged by the effects which it pro-
duces? A gold standard is making
money dearer and, Of course, prices
cheaper, because there can be no such
thing as dear money and good prices
for labor and the products Of labor.
1t is making deficit Of about 81 ,00O,
900 week in the revenues of the ma
tional government, and creating an
bearing bonds in time Of profound
peace. 1t is preventing people from
conveniently and honestly dealing
with each other. because money
constantly increasing in value is not
an honest money. 1t makes good
times for syndicateS with relish for
bond deals, and bad times for the ma
tion's wealth producers who have the
bonds to pay. 1t increases the bur-
dens of all debts. decreases the price
of all other forms Of property, and in
tensities business depreSs ion.
A gold standard policy cuts down
our national revenues and makes
money Scarcer in the country because
by destroying the price Of our prod
ucts the great quantity we export is
still insufficient to pay our interest
and other charges abroad. and we
have to export goll to make the bal
ance good. Such conditions make
hard times and shortage in pur-
chaseS and revenues. The party that
cannot command the support of ma
iority of the American electorate.
The shortening up Of a country'S
money supply is Il new method OF con-
quest but Il method quite as effective us
was ever planned for pluuder by Alex
ander, Charlemayne or Napoleon. The
Old plan was to organizes ii great army
and lead it into the country to be dis
PEELED. Now the campaign is con-
Quoted on quite different plan. The
modern Alexander or Charlemagne, or
Napoleon. organize no army Of con-
quest. He simply invites a half dozen
modern kings OF finance to a confer
ence in the back Office of some ROths-
| child or Morgan in London or New
York. If this conference decides to
attack the finances Of Il country, the
luckless country is forthwith pillaged
in manner we'll calculated to make
the crimes OF the Spaniards in Mexico
appear like petty larceny. Cortez
may have taken his millions, but the
modern financial Cortez takes his
| hundreds Of millions.
The value of money depends upon
the quantity Of money in circulation