The record-union., 1896-05-21
and final redemption at the ratio of Is

crisis that can no longer be evaded or
postponed. We know that the result
of this conflict must be a return to the
| money of the Constitution, or the sub
stitutlon therefore for all time to come of
a standard of values, born of English
aristocratic greed, which doubles the
purchasing power of money and reduces
by one-half the price of all the great
staples of industry.
I'm behalf of the toiling millions of
this republic, we welcome the conflict
and pledge the Democratic party of
Iowa to stand by the Constitution; to
defend the right, or beat back with all
it's strength every wrongful aggression
of the money power of the old and new
world alike, and to aid to the utmost
limit of it's ability in restoring to our
selves and our posterity the sacred her
itage of the financial system beoueathed
| to the American people by the fathers of
the republic, and which was equally fair
and just to all citizens, and in this
effort We cordially invite the co-opera-
ton of all good citizens, without refer
ence to political utilization in the past
I'VE hereby enter our most earnest
protest against all schemes for the re-
tirement of our misunderstanding
national paper currency, and the sub
stitution therefor of $500,000, 600 of in
tereSt-bearing bonds, to become an ad-
ditional burden upon the producing
classes, that national banks may be
supplied with interest-bearing capital
on which to transact their individual
business. And we also protest against
the further issuance and sale of Gov
| ernment bonds to acquire gold with
which to redeem such currency and de-
mand of the Government that it shall
hereafter redeem the same with the
| coin of either metal it may possess in
strict accord with both the spirit and
letter of the law.
I'VE denounce as transparent fall
lacy the claim that labor can be bene-
flied by the maintenance of a single
gold standard as the basis of our finan-
cial system. The experience of all ages
and of every country alike clearly dem
onstrates that contracted currency
invariably compels a contraction of
business; the 1essening of industrial
enterprises; the enforced idleness of
great numbers of the working classes,
and nothing of which the human mind
can conceive is more clearly self-evi-
dent than the naked truth that the
| wages of labor must always be ad-
justed to and correspond with the prices
of labor's products In the markets.
/ Earnestly desiring to promote the
best interests Of the laboring people,
we favor the appointment of a Cabinet
| official, to be known as Secretary of
Labor, whose duty it shall be in all
| cases of tariff protected industries to
| investigate ascertain and report to
Congress what share, if any, of the en-
| hanced price for which protected pro-
| ducts are sold in the markets of this
| country is paid by employers in these
! industries to their employees, and to be
| clothed with authority in all cases
where public interests are involved or
! public peace is endangered to inquire
| into the merits of the controversies
| between employers and employees, and
| recommend the adjustment thereof
upon such terms as to him, or arbitrat-
| ors appointed by him, shall seem just,
and in case of the failure of either party
| to abide by the recommendation made
| to report to Congress or State Legls-
| lature, as the case may require, with
Recommendation for additional legis-
| lation, if such in his judgment be nee
| essary. And in the discharge of his
| several duties to be clothed with fur
| ther power to compel the giving of tes-
timony under oath by parties interested
or otherwise, and the production of all
books and papers which in his judg-
ment are necessary to full and i'm
partial determination of the matters
| committed to his care.
1.-THE delegates at large and district
appointed by this convention to repre-
sent the State in the National Demo-
cratic Convention to be held at Chi
cago beginning July Z, 1896, are here
by instructed to vote as a unit as the
| majority present shall direct on all
questions coming before said National
Convention for settlement by vote of
it's delegates and especially upon all
questions relating to the adoption of a
platform for the party and the nomina-
ton of candidates for President and
Vice-President, and the delegates pres
ent in said convention, If less than the
whole number be present, and to which
the State is entitled, are hereby author
| lied to cast the full vote of the State
| in accord with these instructions.
| "Reposing full faith and confidence
| in the Democracy, patriotism and abil-
| ity of Horace Boies, formerly Governor
of the State of Iowa, we hereby declare
il to be the bounden duty OF every pat
riot in Iowa, without regard to former
| party affiliation, to use all honorable
means to secure his nomination at the
| Democratic National Convention to be
| held at Chicago July I, 1876. for the nigh
end responsible Office of President of
! the United States, to the end that the
principle of Jeffersonian Democracy be
| preserved and promoted, and liberty
! and prosperity be restored to the great
body of American citizens; and any DEL
| eeates to the National Convention this
| Gay elected are especially authorized
and instructed to place his name in
domination at the Chicago Convention"
+. Interest revived for a while when
! Judge French of Davenport submitted
the report of the minority. The refer
! ence to President Cleveland provoked
applause. mingled with shouts of No
and Kisses, and the uproar was 1ntensi-
/ fed ten fold when Judge French went
on to fay the silverites and to assert
! that the financial oIanks of the major
I ity report were NJ a4'e straddle framed
| in the interest of the mine-owners.
/ Shouts of "Buncombe' and Down with
! him" almost drowned his closing ut
! terances.
Judge Van Wagner made brief plea
for the majority report, and received a
quiet hearing, but the excitement OF the
afternoon reached its climax when the
| youthful Mayor Vollmer of Davenport
attempted to close the debate with
| sound money speech in behalf of the
| Banner Democratic county of the
state" (Scott COunty),
| fury hurst forth when