Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1896-06-26
REPLY TO WHITNEY.
Hon. Wharton Baker Takes Issue
with the Ex-Seoretary.
ANSWER TO HIS RECENT STATEMENT,
The Philadelphian Declares Mr.. Whit
ney's Urterances on the Financial
Question to 30 Misleading
Gives His Reasons

New York, June 24.-Wharton Barker
las written reply to the statement
of Hon. w. c. Whitney, which was pub
lished on Monday morning. Mr.. Barker
says:
MIR. Whitney's statements are so mis-
| leading and fallacial that they really
should not go unchaleneed. 1t Is Fortunate
that he represents so few of the members
of the democratic party who entertain the
belief to which he gives expression. The
| people have been m!sled and deceived too
long. They have believed hoped and
doubted. their condition gradually growing
from bad to worse, until the unalterable
conviction has settled upon them that they
have been used by such men as Mr.. Whit
ney, not IN the advancement OF the inter-
ests OF the people at large, but merely az
part of great piece Of machinery to
| further their own selfish ends. His appeal
| will be of no avail. Cleveland could not
| stem the tide, with all the power of office
at his command; Whitney cannot do 1t,
| even though backed by the combined
wealth of England.
Mr.. Whitney declares that we must re-
main SubserYent to Great Britain; that
we must not think OF restoring bimetallism
until the British government, controlled
ty the creditor classes, expresses willing
ness to cooperate with us to that end. No
steps must be taken to restore bimetallSm
uull we nave lHc CONSENT ana approval
these who, prompted by selfish motives
and by the hope of enrichment and self
| ACKNOWLEDGMENT at the expense of the pro-
ducing classes, have advocated the gold
standard with the avowed purpose of
doubling the burden of all debts.'
We Must Not Wait.
THE creditor classes of Great Britain
will never advocate bimetallism until they
have succeeded in coniiscating the property
Of ell their debtors. Then. as owners of
property, their interests will be in restor-
ing bimetallism and raising prices, but
not before. If we wait upon Great Britain
we will walt until the property of our in
dustrial classes has been contiscated by
foreign money lenders; until our producing
classes have become bankrupt and reduced
to poverty, misery and despair, and until
the foreign bondholders who lay tribute
upon them have given place to foreign
landlords ready to lay tribute upon us in
new role.
yet Mr.. Whitney tells us that any move
on our part to lift the yoke of yassalage
to Great Britain and free our producing
classes from the owners tribute that now
| rests upon them must end in disaster; that
any attempt on our part to do away with
the 2O0-cent dollar that is sapping our Vi
tally must enc in disaster
How to Avert Disaster.
1.-THE truth Is, disaster can only be avert
cd by doing away with this 200-cent dollar
The alternative that confronts us is not
sound money or disaster, but free coinage
| or bankruptcy. Unless we open our minis
to silver, check the appreciation of gold
and tree our producing classes from the
owners tribute to the creditor classes of
Great Britain which the approaching gold
standard lays upon them bankruptcy is in
evitable.
I'VE pay the interest on our foreign debt
to our British creditors by exports of COM
modities sold in England. The higher the
prices we get the lighter will be the bur-
dens of our Indebtedness and the opening
of our mnts to silver will enable our pro-
ducers to get higher prices. How? Simply
because the increased demand for silver
caused by the opening Of our minis to sill
Yer and the decreased demand for gold
due to the throwing upon silver equally
with gold the burden Of effecting our ex-
changes and supporting our credit fabric
would cause the gold price of silver to rise
until the parity between gold and silver at
the old ratio was restored And just as
silver rose the cost to all gold-using peo-
ple's buying In silver-using countries and
paying with silver would rise with the gold
price in silver or silver exchange which
they have to buy and send in settlement
for purchases made in such countries. So,
just as silver rose, the British traders
would turn to us to make the purchases Of
cotton and wheat and other produce he
has bought in ever-enlarging volume since
tries in which gold is at premium as
measured In their currencies. Consequent
| ly the price our producers could demand
| for their products would increase, and Just
| as the prices received for our exports rose
| the burden of our indebtedness would be
| lightened."
Candidate for the Presidency.
Philadelphia, June 24.-The boom of
Wharton Baker, the Philadelphia bank
er and editor of the American, was
started Tuesday afternoon by Judge j.
NJ. Washburn, OF Colorado, a prominent
member of the Denver bar, and one of
the leaders of the silver forces in the
west. Judge Washburn is stopping in
the city. He came east few days ago
to open silver presidential campaign
and intends to fight side by side with
presidential candidate
Used the Sign Language
| Philadelphia, June 24.-The fifth tri.
ennial convention of the National AS
ISOLATION of the Deaf was opened at the
DreXel institute Tuesday. Over 200 of
those afflicted individuals We're in at
tendance from all parts of the country.
LAcSloeuG 4llOiuttS L OA, VI NEW lOTk,
| addressed the convention in the sign
language. He argued for greater in
| terest in the National association on the
part of the various state associations.
Fillbusters Defeated.
Madrid, June PA dispatch to the
Impartial from Havana says that an ex-
petition consisting of 200 Americans
und having quantity of dynamite,
number of Mauser rifles, landed few
days ago near Cardenas. They were
attacked by Spanish force and COM
PEELED to retreat. The Spaniards cap
tured the munitions of war and are In
pursuit of the filibusters.
| Three Killed by lightning.
Sioux City, Ia, June 24.-This city
was visited by a heavy rain and thun-
deTstorm Tuesday morning, and water
rushed through the streets, doing
much damage. During the storm light
ming struck and instantly killed Mrs..
Mary NPaulsen. At Newell, the home of
Mr.. and Mrs. Richardson was struck,
and they We're both killed together on q
lounge.
/ Still the King.
Sheepshead Bay, June 24.-Henry of
Kevarre demonstrated once more his
RIGHT TO the title of king of the turf by