The true northerner., 1897-07-07
Ex-oOV. BoIES ONCE MORE.
He Now believes That Free silver
Cannot Win.

WIN.
Ex-Gov. Doies. of Iowa, has written
long letter which contains several
ounces of hysterical nonsense and a
few grains of common sense. 1t is pitt
full to see 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 lone 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 it 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
scrts:
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 chain" 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, it
could not have survived single day"
so as 'to make way for rags that bear
upon their face n mere promise of some
puny corporation to pay"
Does not the ex-governor need the
services OF q mad doctor? Is il safe
that n man who raves thus should be
left at large. What would be the YER
dict of every sane and honest man were
it not that Boies proceeds to discourse
to "the friends of silver" after this
fashion:
For one do not believe 1t possible 10
succeed upon Il platform tnat ueInanuS the
unqualified free coinage OF silver al the
ratio Of sixteen TO one with gold We have
fought that battle and il Is lost. We can
never fight it over under circumstances
more favorable to ourselves. If we hope
TO succeed we must abandon this extreme
demand"
Bryan was defeated, in Boies' opin-
ion, because the American people be-
lieved 1.-The practical effect of success
by the friends of silver would be the
substitution of silver monometallism
for gold monometallism." The majori-
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
the consequences OF silver monometal-
lism cannot be overcome. Therefore
he urges the friends cf silver" in Iowa
10 drop sixteen TO one" and take up
the plan elaborated by him some
months ago. His scheme is n modifica-
ton of, but not an important one, that
of Secretary Window.
The free silverites will reject it as
they rejected Windom's. "Ephraim is
Joined to his idols" and will not give
up sixteen to one" because the un-
limited use of silver at that ratio lends
itself so admirably TO the purposes of
the would-be repudiators of honest
debts, who would be the beneiciaries
of free coinage. These men will APP
plaud Boies' rawlings but will not take
his advice.-Chicago Tribune.