Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1896-07-07

1892 IN it's platforms
adopted at Minneapolis is declar-
ed in favor of both gold and sill
yer as standard money. In 1894
the REPUBLICAN party of Mime
sofa reaffirmed it's belief '.in BIZ
metallism and that the restora-
ton of silver as ultimate money
to the currency of the world is
absolutely necessary for bust
ness prosperity, proper rate of
wages and the welfare of the
people. Nearly every Republi-
can state convention in 1894 con-
demned, either in express terms
or by implication, the single gold
standard. James G.. Blaine we'll
expressed the belief of the Re-
publican party when he declared
Il believe the struggle now 60
ing on in this country and w. q
in other countries for a IA
single gold standard, ~
would if successful pro-
duce widespread disaster
in and throughout the ~
commercial world"
- 1.-The destruction of silver as
money and establishing gold as
the sole unit of value must have
a runious effect on all forms of
property except those invest
ments which yield a fixed return
in money. These would he enor-
mousl y enhanced in value, and
would gain a disproportionate
and unfair advantage over every
other species of.property. If, as
the most. reliable statistics af-
firm, there are nearly $7,000,-
100000 of coin on bullion in the
world, not very unequally divid-
ed between gold and silver. It
is impossible to strike silver out
of existence as money without
results which will prove distress
sing to million and utterly disas-
trous to tens of thousands.
II believe gold and silver coin
q to be the money of the con-
IA stitution; indeed, the mon
ey of the American people,
anterior to the constitution
y ~ which the great organic
law recognized as quite in
dependent of it's existence.
The action of the National Re-
publican convention at st. Louis
has repudiated this fundamental
doctrine of our party. The single
gold standard has been endorsed,
in connection with the PROPOSE
ton that the free coinage Of sill
yer upon any basis or ratio is not
to be permitted without the con-
sent of foreign despotic and
aristocratic powers first obtain
ed. The Republican party no
longer stands for both gold =
and silver as primary mon N
ey but for gold only. We<
cannot accept the new faith,
and we will hold steadfast-
ly to the old. Thepolicy of y
gold monometallism means pro-
longed and intensified depres-
sion; an endless and hopeless era
of falling prices for our farmers
and other producers; con tinued
uncertainty of employment for
our WOrkingmen, with lessening
wages following the fall in prices
of the products of labor; dis
couragement of all enterprise and
in the end universal bankruptcy
and the gravitation of all money
into the hands Of money brokers.
>Itmeans the obliteration of the
great middle class, the yeomanry
Of the nation, and the division of
Q the people into the very
~ rich and the very poor,
Those -Republicans who be-.
lieve in the use Of both gold
" and silver as the money of
ultimate payment, and
their free coinage in our mints,
must: either submit in silence, or
speak out boldly in cond emma
ton Of this policy 50 disastrous
to the people. On matters Of vi
tai principle no man can reason
ably be asked tos ubmit to party
dictate ion. Every man who pla-