Twice-a-week plain dealer. (Cresco, Howard County, Iowa) 1895-1913, 1897-05-14
OUR CANDIDATE IN 1900
Our Monetary Commissioners.


seechipg Europe TO permit the United
States to have its own currency sys-
TEN, have started on their mission,
and are now on the briny. If there
is no act of iuscrutable providence to
the contrary, this work. will
commence ut Paris.
There must not be any misunder-
standing about the Press position
regarding the International None
tary Commission, in the fact that the
Press has advised against any move
ment to recall the commission and
repeal the authority under which it
acts; this is in order that the utter
folly of the attempt to secure interna-
tlonal agreement be fully demon
strated. No language is too strong
to depict The shame and disgust
which Americans must feel, that cir
cumstances compel acquiescence in
this experiment, and nothing is clear
er thanthat it will fail. The commits
sioners d. not so abroad to take part
in any conference, for there is none
provided for, none probable, and 1t
might with safety be said none posi-
BILE. Oar commissioners have gone
abroad TO play the part of strolling
mendicants, tramping from throne to
throne, from palace to palace, humbly
begging OF the naughty potentates
there to give US, high and mighty
lords, a monetary conference, a wee
little two-by-four monetary confer
ence. If NO more, a conference, good
sirs, for sweet charity's sake, and
may GOD bless you!" Or, it requires
no great stretch of the Imagination
to see our honorable commissioners
rugged out as wandering MINISTRIES,
with music box, monkey and tin cup,
invading The courtyards of the regal
mansions Of the Rothchilds, Inkle-
beiners, and Stinlzlehesms, and try to
WOO from their calous-hearted
masters the priceless boon of snide
monetary conference, dropped into
the aforesaid tin cup, from which the
monkey viii take it only with pair
of tongsl
The monkey is the only one in the
outfit that deserves or receives our
sympathy!
What spectacle it is when viewed
in the light of all the facts. The con-
ference is called for in the hope that
Europe viii consent to the use of
silver as money at the ratio of 15a or
IT. to l, so that the price of silver
bullion may have corresponding
commerce. value, to the end that
silver money win be good, Sound"
and have an intrinsic value"
Why should Europe consent to
such an arrangements Why should
she desire it? She uses an immense
amount Of silver money, and it is all
good money, sound money!" and not
dollar of can be bought for less
than its coinage value, which is about
$1.35 an ounce; for as coin it is worth
that mucii, and who could be found
foolish enough to change its form on
purpose TO reduce its value? Europe
produces practically no silver, must
buy what she uses, and must buy all
she does buy, for she can't do bust
without it. The world does buy and
use as money or in the arts nearly
all the silver produced, and there is
plenty of evidence that it's appetite
for silver is not satisfied The most
diligent search in all obtainable re.
ports fails 10 locate any silver bullion
in any but the large producing coun.
tries. In Europe the stock is ''too
small to count" scarcely any of the
countries reporting any on land, OF
a knowledge of how much they
possess These and more evidences
prove that nearly all the silver is
greedily consumed; that there is SO
nearly an unlimited demand that ii
would require but little effort to
create such demand as there is fol
gold, for Instance, and thus make 8
fixed and stable price for it. But
we ask again, why should Europe
help make that demaud-help to in
crease the price of a commodity il
must buy, that it now buys very
cheapiy as a commodity, and maker
huge profit by changing it into coli
worth more than twice its commod
ity value:
The United States produces one
third of the silver of the world, thi
country, Mexico, and Bolivia, pro
duce three-quarters OF all the silver
three quarters of the supply of
commodity that is in active demand
that is necessary to the business O
the world. Those countries are in
terested In increasing the price o
silver, Europe is interested in keep
ing down the price. The three coun
tries named can Immediately compe
Europe 10 pay for silver any pric
within reason the may name. The!
command production, and by VIRTUE
of that can command or make thu
price. We send commissioners on al
undignlfed quest, to cay the least