The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-10-10
BYNUM A REPUBLICAN.
The Former Indiana COngressman
Delivers a Speech Mt OsceOla, Ia.

OSCEOLA, Ia, Oct. 9.-The feature of the
opening Republican rally in the Eighth
congressional district, held here yesterday
was the speech of William D. Bynum, of
Indiana, chairman of the gold Democratic
national committee in the campaign Of
1885, 1t was the first of a number Of
speeches he will deliver in Iowa this month
in support of the Republican ticket. Both
afternoon and night meetings were held
and the attendance of farmers from the sur
rounding country was unexpectedly large
in view of the apathy among voters this
year. The afternoon meeting was held out
doors in order to accommodate the big
crowd, while that at night was held in the
largest hall in town. Mr.. Bynum spoke in
the afternoon, and was followed by Senator
John H. Gear. Mr.. Gear spoke also at
night, as did Congressman William P. Hep
burn and Sidney A. Foster while former
Governor Francis NJ Drake delivered a few
remarks. NJ L. Temple of Temple amend
Mr. Bynum spoke feelingly of his thirty
years service in the Democratic party, and
said that when it abandoned all it's prin-
ciples and persisted in that policy lie felt
which stood for the honor of the Nation
and the safety and welfare of the people.
In the course of his able speech he said:
"A gold standard is one thing and gold
money another A nation may have the
gold standard without a. dollar of Sold in
circulation. There is no nation that is not
on the gold standard, for there is no other
standard. We do not propose 70 destroy
silver, but just to keep every silver dollar
as good as gold. There is no such thing as
a double standard. The cheaper coin al
ways drives the other out of circulation.
All international balances are settled in
gold because il is the cheapest for pro-
Queer and consumer.
IF we went to silver basis in this cOun-
try every man who handles your produce
would have 70 charge you something for the
risk he would have to take on account OF
the fluctuations Of the money OF this coCn-
try compared with the money of Liverpool,
In which payment would finally re made.
The man who sold grain in Liverpool might
find that when he got back to the United
States with his American exchange, calling
for SO many silver dollars. the dollars might
not be worth as much as they were when
he received them The farmer would then
get a lower price for his products to cover
such losses. The elements of uncertainty
are always for the benefit ~ spectators
and against the interests of the producers.
THE object in having a standard ucllar
is to have dollar that fits all conditions and
always measures the same value AS long
as we trade with other nations we must
have one standard, for whatever Money we
have we must bring 1t to one standard. Ii
Is to keep down Danics and save the great
body of people in debt from being swept Off
the face OF the earth that this struggle has
been made. Men who think they could
cheat their creditors by paying IN cheap
dollars would be sold out ny the sheriff
long before they could lay hands On a cheap
dollar"
Mr.. Bynum declared that the only thing