The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1896-07-16
THE BOILERS APPEAL.
Reasons Given for Their Action by the
Boiling Republicans.

Boiling Republicans.
At secret conference of the boiling
silver delegates to the st. Louis con-
vention an address to the people of the
United States was agreed upon and
given to the press. This declaration of
free coinage doctrine was prepared
after careful consideration by Senators
Teller, Dubois and Cannon and other
silver leaders and may therefore be
held to embody the strongest argu-
ments which can be made in favor of
the silver standard.
The grounds on which Senator Tel
Ter and his associates ask for support
are the assertions that 1.-The basis of our
money is relatively contracting" that
'our financial policy is dictated by
creditor nations" that I'VE produce all
the necessaries of life, while other ma
lions consume our products that "the
restoration of bimetallism by this
country will double the basis of our
money SYSTEM that failing prices
are the deadliest curse of national life,
and that "bimetallism will help to
social reformer" of better conditions
for the human race. On this platform
the boilers nominated Senator Teller
as an independent free coinage candi-
date for president
These claims of the silver Repub-
licans are all untrue. Instead of con-
tracing the basis of our currency is
steadily increasing. The production of
gold is now about $2O0,0O0,00O per year,
and of this over $1,000 900 is added
to the worlds stock of money. Our
stock of full legal tender silver has in
creased from less than $80,000,000 in
1873 to $3.50 900 in 1896
Our present financial policy was de-
liberately adopted by the representa-
tives of the American people in con-
gress assembled. The charge that it
was dictated by foreign nations is an
unfounded imputatiOn on the men
chosen to make our laws.
The idea that this is a country of
producers while other nations are con-
sumers only is too silly for argument
For every dollars worth of products
we sell abroad we buy back at some
time a dollars worth of foreign pro-
ducts which we consume. We consume
in the long run exactly as much as we
produce
The claim that "bimetallism" by
which is meant free coinage at 16 to 1,
will double the basis of our money sys-
tenn is not believed by the silverites
themselves They know better, for they
know that with the bullion value of sill
yer at 80 to 1 of gold the cheaper metal
would drive out the more valuable.
Thus instead of doubling the basis of
would cut it in two by forcing gold out
of circulation.
Falling prices are que almost entirely
to improved methods of production by
which labor on the farm or in the
workshop can create wealth more cas-
lily than in former years. This means
that the masses can get more of the
necessaries and }l~>x%ries Of life, and it
is therefore g4Ast blessing and not
a curse. Othei Tasons for falling
prices are the n>s~ sources of prOduc-
ton opened up y s"Srious parts of the
world in recent years. The gold stand
ard has had nothing to do with lower
prices
The claim that "bimetallism Silver
monometallism) will help bring about
the great hope of every social reform
err would be more convincing if it was
accompanied by information as to how
it would do it, In the absence of
proof general promises of better con-
ditions under free silver are altogether
too vague for sensible men to take risks
on. A policy which depends on base
less assertions and positive perver-
sions of facts can never gain the sup
port of majority of the American
people, and the movement headed by
Senator Teller is therefore doomed to
failure.