Iron County register., 1896-03-12
BolEs or SILVER.

towaN Late Govsrnar Gives Utearaneo 90
x.eus That Cannot He Mistaksn.
In late letter, referring to the pos
sibility OF his name being presented to
the national democratic convention
for president, ex-Gov. Boies, of Iowa,
respectfully declines to have his name
presented to the convention He says
he wants the delegation from Iowa to
the next democratic national conven-
tion to go there. not only uninstruc.ed,
but wholly uninfiuenced by any con-
siderations of a local character. Upon
the silver question the ex-governor
thus expresses himself:
am thoroughly impressed with the belief
that We have reached crisis In the history OF
our party that Is to determine its future for
many years. If not for All time to come. and
could not possibly consent TO be silent or in
active upon an issue that, in my own judg-
ment. so vitality involves the welfare OF this
nation.
lam quite willing to confess that have been
one of the number who read recent declara-
tions Of democratic platforms in my own state.
and OF both democratic and republican plat
forms by national conventions adopted by both
of these parties. as solemn promises by each
to restore silver to the position assigned it In
the fundamental law OF this government. a.
money OF redemption. and do conscfentiously
believe that to neglect 10 do this both In theory
and practice alike, is an open. fragrant and
continuous violation Of the highest law OF this
land.
know, too that 1poa this vital issue, that
In my own Judgment. in its importance to all
our people. completely obscures every other,
my own party is unhappfly divided. while over
whelmfng preponderance OF sentiment In the
national republican party is In favor OF ignor-
ing the plain mandate Of the constitution. and
substituting for the principle OF bimetalllsn.
upon which our financial system By that ia
strument is based, q single standard OF gold
and believe that IL successful in Its under
taking as 1t surely will be il aided even by the
passive assent Of the democratic party, the
death knelI of prosperity for the great strug-
CLING masses of manual laborers in all the
Iields OF industry in this republic viii proclaim
the victory thus achieved
It is useless for me to try to believe that the
adoption of England's measures of values does
not necessarily imply the adoption of Engiand's
scale of wages
know that high-priced labor and low
priced products thereof are absolutely con-
tradictory and irreconcilable conditions. both
Of which cannot possibly endure In the same
country for any considerable length OF time.
and know also that il our financial system is
to be wholly based upon the intrinsic value on
the worlds markets Of the number OF grains OF
gold in our present gold dollar or unit OF value.
We are absolutely at the mercy OF the money
lenders of our own and other countries: for the
this one metal as money OF redemption will
constantly increase the demand for it, and ir-
resistibly continue to enhance its value. and
to the same extent dep-ess the price of every
thing it measures: and ii this were not true
the market value of no commodity earth is
SO susceptible Of manipulation by interested
parties as that OF gold. and no combination OF
men was ever formed or ever will be equal in
power to increase at their will the value Of
their own property, and thereby control the
SCI y,ric n q industry
to that already organized in the banking sys-
TENS of the principal commercial countries OF
the globe
II we need an object lesson TO convince US of
tie absolute truth OF this statement the his
tory of our country during its civil war fur
nishes that lesson, for In the hour of supreme
need the great volume OF gold in the United
States found hiding place in the vaults of
banks, and refused to come forth until in
times OF greatest peril the credit of the whole
nation was only sufficient to exchange three
dollars OF its most solemn promise to pay for
a single dollar in gold Icannos shut my eyes
to the real issue involved in this contest
I know If the policy of a portion Of my own
party and of the great majority OF the repub-
1can party prevails to retire $500, 900 coo
OF uon-interese bearing currency as sound as
was ever issued by any government: earth
and substitute for it $500. 100000 of interest
bearing bonds, and know that the annual in
terest on these bonds. every cent OF which the
toilers of the nation must provide. will MT be
less than II 10000 to be paid in gold in addi
tion to the principal sum when due.
To such a wrong. as it appears to me, can
never knowingly assent I want it, therefore.
understood by every friend have IN Iowa that
to the utmost extent of the ability possess
will do all can to restore the financial system
adopted by our fathers and guaranteed to their
in the most solemn form that hu-
man rights OF any kind can be secured to q free
people. HORACE BoIES