Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-08-11
Some Criticisms for a Neighbor.

The DEBORAH Republican had bet
ter agree with itself if possible. In
reply to the question of a reader as
to what is subsidiary coin after defn-
ing that and limiting it's legal tender
to five dollars it adds, "silver dollars
be it remembered are full legal ten
ders for any amount; just as much SO
as gold or greenbacks." In it's syndi-
cate matter furnished by Wall street
to all goldbug papers under the head
of Our Currency" it says: "All frac-
tional silver coin Commonly called
subsidiary coiD now minted is legal
tender to the amount OF ten dollars"
1t would be we'll for one who assumes
SO much knowledge on the money
question to study more and say less.
In another of its articles under the
head For 5O-cent Dollar" it con-
cludes "these things go to prove that
it is the 50-cent dollar they are work
ing for-the onaire-mine-owners
dollar" The gold mine owners for
whom the republican is at work, we
presume are poor men, as it would
scorn to help the rich. But seriously
there was never dollar issued by the
government of the United States and
made full legal tender no matter of
what made but was a full 1O0-cent
dollar. Every dollar that has dol
lar of United States law behind it is a
100-cent dollar and always has been.
The 500, 900, 900 of silver bullion sent
to England in 35 months coined in
the mints of this country into $3.50,
100000 of full legal tender money
would have been at par with gold
and have believed the ountry of the
supposed necessity of issuing bonds
to buy gold. In 1892 the founders OF
our government did not ask Eng land
of what our money should be made
nor seek entangling alliance with
Europe for international bimetallism.
They were Americans and established
for the United States financial sys-
continued until 1878 when an Eng
lishman bribed John Sherman and
Congressman Hooper in the revision
of our mintage laws to drop the sill
yer dollar which was done without
the knowledge of congress or of the
president who signed the bill. The
republican endorsement of the letter
of Jacob L. Greene of the Conneti-
cut Life Insurance Company is en-.
tirely unwarranted. Mr.. Greene az
president of that company, as have
the managers of all similar institu-
lions, has a direct interest in the
question involved. He knows as does
Mr.. Mccall and others that those
who have been paying their COM
panies annually for many years from
one to 5000 or more must soon pass
away when the money their policies
call for must be paid to the beneli-
Charles, named therein. Now if by
the adoption of the single standard,
times can be made SO hard that the
insured cannot meet their annual
premium, the policy lapses and the
money paid is forfeited to the com
pany. 1t is absurd to say that the
managers have no interest in this, it
is part of their profits. The life in
surance policies which have lapsed in
Iowa as shown on page 121 of the
auditors report for 1896 shows 2,5G2,
654 policy holders thus robbed
through hard times with the cancel
lation Of policies which called 1884,
661, 1920 upon which if the policy
holders had paid one dollar each, the
companies would have realized net
profit of more than two and a half
million dollars, all of which is for
feited to the companies. Oh no, the
president and managers of these COM
panies are disinterested, entirely so,
in the welfare of the assured, many
of whom had paid them hundreds OF