Audubon Republican. [volume] (Audubon, Iowa) 1894-1925, 1898-10-13

our kinds Of money ''as good as gold.
Quoting again from Governor Shaw'c
Omaha speech, we think the following
is as clear and succinct statement OF
the case as can possibly be made. II
congresses into short space the gist OF
argument and the deductions are incoa.
trovertible. Governor Shaw said:
"Our silver coins circulate at par with
gold solely because the government
stands ready to furnish gold il re-
demption of its coin demands and be-
cause Of the provision contained IN the
act of Nov. /, 1898, which declared it is
the policy of the United States to Sc.
cure the parity in value Of the coins &C
the two metals and the equal power of
every dollar at all times in the markets
and in payment of debts Coupled
with this was the official statement Of
Mr. Carlisle, in obedience to the admin
istrative policy Of Grover Cleveland, that
if it became necessary, in order to main
tain its parity, the silver dollar would
be redeemed in gold. \ This is
the express pledge of the present adj
ministration and the unwritten pledge
of every believer in sound money, and
upon this pledge rests the financial in.
terests Of every merchant, of every
depositor, Of every borrower, of every
lender, of every purchaser, of every
producer, OF every wage Garner; on
this pledge AID the confidence Of the
people that the administering policy of
the present president Of the United
States will maintnn at any cost The
parity of all iornlsy. CURRENCY, rests all
the financial, commercial and industrial
interests Of the greatest people on earth.
= How will sound money affect
the farmer: Have not answered the
question? Can the bank break, can
deposits shrink, can wages be divided,
can factories close, can wheels stop, can
men walk the streets looking in
vain for work, or if finding it, be
paid in deprecated coin, and
! the men who feed the world
go unframed? = * Free coinage
of .silver, which implies that the product
of the mint shall find its own market,
and SHALL therefore, circulate at its bull
lion value, carries with it the certainty
that the current silver coin will then
have q purchasing power the equivalent
of 41211 grains of standard silver, g re-
duction of over 60 per cent. Labor c>.n
not stand this without ruin to itself aid
ruin to the farmer. Were wages in the
far east and South American repub.-os
as high as they are in the United States
and payable in gold or its equivalent,
the consumption of cereals in these
countries would be correspondingly in
creased and the surplus of breadstufs
and meats therefrom would no longer
glut the European market to the preiiu
dice of the North American farmer
More than all others, save the Label Ell
himself, the farmer is interested in hi.;
wages and in the maintenance of the
single gold Standard
Every farmer in Iowa should study
this plain statement of fact, for by sc
doing they will be able to understand
the principles that underlie the none.
tary laws" and will also understand
that the farmer is vitality interested in
having sound money.
The Effect of a Democratic Victory.
In an interview in Washington the
other day Congressman Hull of the
Seventh Iowa district made it very
plain that the election Of Democratic
house of representatives this year would
tend to assist Spain in her objections tc
the demands of the United States in
the settlement Of the war. Said he:
"The election of a Democratic hous,
this fall will certainly be construed b!
the powers as notice that the majority
of the people of the United States art
opposed to the policy of expansion upol
which we are embarked. l have IL
doubt that the work of the peace com
mission would be seriously crippled
If we attempt to keep foothold in th'
Philippines, Spain could claim, an
would probably be supported in th'
contention by Europe, that the admins
tration was attempting to force polio
which was not acceptable to a majority
of the people of the United States
taking the election as a guide. Nor
than that, however, if Democratic
house is elected it will hamper tn
president in his administration of tn
difficult problems which will come n
for settlement in the next two years
I believe the people owe it to the presi
dent to uphold his hands in this juno
ture."
Truer words were never spoken an
the people of Iowa should consider we
the warning and vote to return soli
Republican delegation from this state
Should Stand by the Party.
Why should man who fails to get
cross-road postoffice, worth possibly
couple of hundred dollars year, refus
to vote for Republican candidate fo
congress this fall, when by SO refusin
he assists in embarrassing the admir-
istra tion which is straininp every nery