The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1896-11-02
BRYAN In IOWA
The Democratic Candidate Makes
q Number Of Speeches in
IaWkeyedOm.
Some Questions Propounded by
Telegraph Answered by the
Candidate.
Appears in Good Voice and Health
at the End of the
Campaign.

OTTUMwA, Ia, Nov. 2.-Mr. Brya
entered Iowa OH the Illinois Central at
a m, and made his first speech of the
day at Mount Pleasant, at o'clock be-
fore he had had his breakfast. The air
was cold and crisp and seemed to give
the candidate new vigor for his last
tour across this State. He appeared in
good voice, and spoke so distinctly as to-
be heard with ease by the large crowd
which had congregated thus early in
the day. The audience was an enthu-
siastice one, and was evidently In SYM
pathy with the speaker. Mr.. Bryan's
speech at Mount Pleasant was devoted
largely to discussion on the usual lines
of his later campaign efferts
Answered Some Questions.
At Fairfield, where he was met by
large crowd, Bryan devoted himself
to questions which had been propound-
ed to him by telegraph, and spoke as
follows:
Ladies and Gentlemen: In going
| about from place to place l have but
| few moments at each stop, and am not
able to enter into an elaborate discus
sion of any question, but I take these
| occasions to discuss various phases Of
the money question. Some times have
questions put to me, the answers to
which aid in the discussion. So this
morning I have two questions to
answer. One of them is:
Granting for moment that we have
the right to pay interest ON our bonds
in coin and not in gold, is it not at
least unfair after having paid continu-
ally in gold to suddenly switch to silver
without warning and to compel the
acceptance thereof, when the face value
of tie bonds themselves at the present
moment, and for many years Has been
the same as their value in gold in
other words is it fair to the holder to
suddenly change his gold bonds or his
bonds as good as gold, into mere silver
| bonds?'
| insists There Will BE Parity.
| The question goes upon the assump-
tion that gold and silver will not be
maintained at parity, whereas we in.
sist that under the free and unlimited
coinage of silver at l6 to l, we shall
maintain the parity between gold and
| silver at the present legal ratio, and by
Offering demand for silver whieh will
take all there is on the market, we will
be able to make silver dollar as good as
! gold dollar, whether melted or coined,
here or anywhere else in the world
That is our contention. Therefore we
cannot admit the position assumed by
the question. The question makes an
other assumption, and that is
that the administration having surren-
dered TO tie holders of the obligation
the option to demand his kind of coin,
We shall net assume the right which
the law gives to pay in either kind Of
coin. 1t goes upon the theory that be-
cause you have given man an unfair
advantage for long time, you must
continue to give him that advantage,
and not resume the right to pay in
either kind of coin. When You MAIN
tain theaparity between gold ard silver,
it matters not to the holder of the Obli-
CATION whether you pay in gold or
silver, but the very fact that the debtor
exercises the right to pay in either kind
OF coin serves to keep the two metals
together. Bimetallism implies that
| The Debtor Shall Choose
the coin of payment. The bonds issued
by the United States call for coin and
the Matthews resolution, in 1878, de-
clared that this nation had the right to
pay its coin obligations in either gold
or silver and that resolution has never
been rescinded. The president of the
United States has no right to change
the laws of the land, and when he tries
to do it the people have the right to
stand about the law. instead Of the for.
eign syndicates. Mr.. Carlisle, in dis
cussing this subject before the commit
tee on appropriations on the 2Ist of
Jannary, 1895, said that if the executive
officers had in the beginning exercised
the right to pay in either coin, it would
have done no harm. but would have
worked vel, but his contention was
that having established precedent, it
| would be
Necessary to Follow That Precedent
instead of exercising the right to pay
in either gold or silver. We say that
II the administration has surrendered
the rights that the people have, the
sooner another administration resumes
those rights the better for the people
who have been injured by the surrender
OF the rights. Again let me say that
we have sold bonds payable in coin,
and the purchasers Of the bonds have
made q difference in what they paid, in
some instances, because OF our right to
pay in silver, aud telieve that when
the men who bought the bonds made q
difference between coin bonds and gold
bonds. il, charged rs for the risk, that