The Denison review. [volume] (Denison, Iowa) 1867-current, 1898-10-18
ALLISON IN DENISON +,
The Senator Speaks TO an Enthusias-
tic Audience.
MANY BRAVE THE STORM
Despite the Severe Storm the .Germania
Opera House was well Filled with the
Senator's Admirers.

Senator's Admirers.
All day Monday King Snow ragged
throughout Iowa, at Denison all trans
portation was impeded. There was not
a team on the streets only those brought
out by actual necessity. At least six
inches of snow fell; Notwithstanding
this fact, Germania Hall was we'll filled
to listen to Iowas Senator, Hon. VIM.
B. Allison. The train on which the
Senator was to arrive was two hours
late and many thought he would not
come. However as the train pulled in
to the station the cheerful face of MI.
Allison was seen upon the platform.
he was escorted to the Wilson House.
Promptly at 7:45 the Denison band
played a couple Of selections in front of
the hall, and then went inside where
three or four more pieces were render
ed, and everyone settled down to listen
to the senator.
Judge j. p. Conner, in the absence
Of the county chairman, called the
meeting to order and introduced Mr.. FL.
A. Cook as chairman of the evening. In
introducing the speaker of the evening,
Mr.. Cook made an excellent speech and
was greeted with loud applause.
When Senator Allison stepped out
upon the platform he was met with
prolonged applause. Beginning he
said: 81 am surprised and much
grati6ed to see so many have turned
out. / would not have been surprised
if there had not been more than dozen
present, the evening being so stormy :"
He then branched forth on his subject
in a clear, forcible manner; any child
could have followed him, so plainly did
he present his argument.
He said that the Republican party is
pledged to the maintenance of the gold
standard which has prevailed since
1878, and every candidate for congress
is pledged to maintain this policy and
any legislation necessary to its contin-
nance. The speaker called attention to
the fact that large and what seemed
to him an increasing body of Iowa
democrats were repudiating the Mar
shalltown platform, while in other
states they were throwing over board
the Chicago platform. Further, he
said, that this campaign and the one Of
1900 would seal the doom of free silver
as national issue. Here the Senator
was loudly applauded and from the
audience came "of course Continu-
ing Mr.. Allison said:
s'There are two kinds of money in
every commercial country. standard
money and representative money, viz
money convertible into standard mon
ey. The last is good money when sc
convertible, and when it is generally
accepted in exchange for property ane
services, and in the payment of debts
These two kinds of money constitute
the money of the country in which the.
circulate. The material of STANDARD
money must have market value, befor
coinage, which is sometimes called in
trinsic value. The material of thi
money is either gold or silver bullion
and known as the precious metals TO
this reason Therefore, being meas
ure of value, to be perfect measure
must be liable to the least fuctuatio
in the markets, so that money loane
for long or short period will be wort
in the market when the debt mature
practically what it was worth when tn
debt was created, 80 that no injustic
will be done to the lender or the bo
rover. The like rule prevails as r.
spects all time contracts This mat
rial constitutes, when coined, the MOI
ey standard of that country, and oth'
money in the circulation must be rate
to it, and kept at parity in value wit
it, or it is not good money. The STAN
ard money in a country, some say, ms
be both gold and silver, and some 81
cannot be both, but must be one or tt
other. We know it can be made
either metal. But if it is to be of bo
there is one essential requisite prior
the establishment of the standard
the two, which is that if given qua
tity of one metal is not equal to Ii
quantity of the other metal as bullio
ia the markets of the world they C
not be welded into one standard, unl'
an equivalence of value be establish
by placing enough metal in one
make it equal in value to the metal
the other. This necessity arises frt
the fact that from time immemoria
given weight of gold has been raj
higher in value than the same weight
silver. This establishment of an equ
alance of value is called the ratio
tween the two metals.
"To establish such ratio means t