The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1897-07-10


Cannot Win.
Ex-Gov. Doies. of Iowa. has written
long letter which contains several
ounces of hysterical nonsense and
few grains of common sense. IL is pitt
full TO see a man of more than average
intelligence, who has held high posi-
tions and aspired to higher ones, the
victim OF such follies as those the ex-
governor of Iowa Processes to believe
in.
He asserts that by stopping the silver
purchases four years ago congress
heartlessly increased the burden of
every debt in existence" He marvels
that zone of the metals (silver) that
from the dawn of civilization until the.
early years of the present century had
ministered to the necessities of man"
should be practically destroyed
when more of il is used for monetary
purposes than ever before.
"The cause of the monstrous crime"
walls the ex-governor, "is upon us to-
day" In this "land of the free" he as
serts:
Millions OF men. gaunt with hunger. go
forth from homes where famine reigns and
wander up and down the streets pleading
for work they cannot obtain, begging for
bread they cannot earn, because every
where the wheels OF industry are clogged
and all the arteries OF trade are congested
by this hypocritical cry for gold"
The proposition that the greenbacks
be retired, the "endless vhain" be
broken. and the cause of innumerable
financial ills be removed forces shrieks
of anguish from Boies. He shudders at
the thought of destroying n currency
ito the existence of which this nation
owes its very life, without which,
through years of agonizing strife, il
could not have survived n single day"
so as ITO make way for rags that bear
upon their face mere promise of some
puny corporation TO pay"
Does not the ex-governor need the
services Of mad doctor? Is II safe
that a man who raves thus should be
left at large. What would be the YER
diet of every sane and honest man were
IL not that Boies proceeds TO discourse
TO "the friends of silver" after this
fashion:
FOR one do not believe II possible 20
succeed upon a platform that demands the
unqualified free coinage OF silver at the
ratio OF sixteen 70. one with gold. We have
fought that battle and II Is lost We can
never fight IL over under circumstances
more favorable TO ourselves. II we hope
10 succeed we must abandon this extreme
demand"
Bryan was defeated in Boies' opin-
ion, because the American people be-
lieved "the practical effect of success
by the friends of silver would be the
substitution of silver monometallism
for gold monometallism." The maiori-
ty of the people did know that such
would be the case. They did not want
that substitution to take place. because
in that event all debts contracted on
the gold standard of 100 cents to the
dollar would have been paid in silver
standard 47-cent dollars. Eight bill
lions of credits would have been wiped
out.
Ex-Gov. Boies believes this dread OF
lism cannot be overcome. Therefore
he urges the friends of silver" in Iowa
to drop sixteen to one" and take up
the plan elaborated by him some
months ago. His scheme Is modifica-
ton of, but not an important one, that
of Secretary Window.
The FREQ silverites will reject IL as
they rejected WINDOWS. "Ephraim is
joined 10 his idols" and will not give
up sixteen to one" because the I'M
limited use of silver at that ratio lends
itself so admirably TO the purposes of
the world-be regulators of honest
debts, who would be the beneficiaries
of free coinage. These men will APP
plaud Roles rawlings but will not take
his adyice.-Chicago Tribune.