The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1898-11-03
FOR SOUND MONEY.
w. D. BYNUM DECLARES BOLDLY
FOR THE GOLD STANDARD.
MUST SUPPORT REPUBLICANS
Sound Money Democrats Have No other
Party with Which They Can Logically
Stand-A Mastery Arrangement of
Free Silver Heretes.

I EI66 014NSI A01S4SS
The Republicans of Kenosha opened
the campaign at the Rhode opera
house Monday night with an eloquent
address by Hon. w. D. Bynum, of
Indiana, formerly chairman of the
Sound Money Democracy. About 300
Republicans and Democrats were in
| attendance and the speakers remarks
were several times interrupted by
great applause.
Mr.. Bynum was introduced by
county chairman A. tE. Buckmaster
and spoke for nearly two hours almost
entirely on the money question.
Mr.. Bynum referred to his long SER
vice in the Democratic party prior to
the Chicago convention and said a
change of allegiance from one party to
another could only be justified by
earnest convictions upon questions of
great Importance. In 1896 he joined
with large number Of Democrats OPP
posed to the Chicago platform and
nominees, in the organization of an
independent movement, believing that
they could thereby more successfully
aid in the defeat of the policies and
candidates of the Chicago convention.
In this campaign be believed that
the only way Sound Money Democrats
could effectively combat the efforts of
the silver Democracy to make that
issue the dominent one of the next
national campaign, was by joining
forces with the Republican party in the
election of a Sound Money Congress.
While in many districts it was insisted
that the money question was no longer
an issue it was evident from the action
of Chairman Jones, in appointing Sen
ators Teller and Allen and Altgeld and
Stone, as a committee, and Coin Har-
vey as general agent to collect funds
and prepare and distribute literature,
that the whole power and reserves OF
the Democratic Organists were to be
used to keep the "Silver" issue to the
front and make it the paramount issue
in 1900.
He then discussed the money ques-
ton at length, showing by reports of
committees in Congress and the special
reports of Mr.. Ingham, Secretary OF
the Treasury under President jackson,
that it was recognized, as early as
1921, that the effort to maintain two
standards of value was not only fail
ure, but resulted in such decentralization
as that Secretary Ingham strongly
recommended the establishment OF
only one standard, stating in his re-
ports: "That one standard was recon-
mended by it's simplicity. That no
change in the mint regulations would
ever be required, and that it would re-
move every pretext for dishonest or
unwise governments to debase their
coins"
AS to the effects of free coinage, he
clearly demonstrated that the value
measure of the silver dollar would only
be that of the gold value of the metal
it contained, about 43 cents, which
would fuctuate from day to day as the
price of silver bullion rose or fell by the
gold standard. That the result would
be, that the people of the United
States would be compelled to conduct
their trade and commerce with money
that possessed no stability of value;
which would result in the loss of mil
lions of dollars annually to producers,
especially the farmers of the country.
Already, said he, capitalists are haltlng
and hesitating until after the election
to decide whether it is safe to make
investments, and should free silver
Congress be chosen the result would
entail upon the country another period
of uncertainty, doubt and depression.
In speaking upon the subject of the
war, he said that it was impossible for
any one to say what character of gov
ernments should be prescribed for the
islands of Porto Rico, Cuba, and the
Philippines. That the duty of pro-
tecting life and property in these islands
devolved upon the United States, and
whatever character of government
would be required to do this should be
established. That President Mckinley
had shown great wisdom in dealing
with the difficult problems that had
thus far confronted him and that he
was willing to entrust the President to
settle the whole question as might ap-
pear to him most advisable. He ear
nestly urged that Congress be chosen
that would support not only the Presi-
dents financial policy, but one that
would also sustain him in the settle
ment of the complicated questions
growing out of the war with Spain.