Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-08-18
4 GERMANS VIEW.

AZ. Hleus k1eiHZ, PRESIDENT OF the
Farmers and Mechanics. Bank, Of Day-1
export, and a prominent German Amer
lean Of Scott county. addresses aglettsrI
to the Davenport Republican in which.
he points out very clearly the dangers
to be expected should Bryan become
president. The thrifty Germans will
undoubtedly see the point and vote for
sound finance this fall, as they did
four years ago. His letter follows:
Davenport, Ia, Aug. IS, 19OO.-.To the
Editor of the Republicans: In
recent article on The Menace Of Free
Silver Coinage the New York Journal
OF Commerce says:
The Very important interview with
the secretary of the treasury which We
print this, morning, shows that long bs-
fore MIR Bryan could become president
the moment his election Was ascer-
tained, the public of this country and
OF the whole World would conclude that
the United States, had repudiated the
single gold standard. If the fear that
silver payments could not be averted
|preeipiiated the disaster of 1898. the be-
lief that silver payments would be re-
sorted to as early as possible could in
hict q still greater calamity upon the
country
This, it seems to me. isHa fair state
mest OF. the case from business stand
point.
suppose Bryan were elected and he
should. as he undoubtedly would, sur
round himself with cabinet advisers ii,
sympathy With his free silver senti-
nients, what would follow?
EN-comptroller of The, Currency, the
Hon. j. III. Eckeis, toreshadowed4 the in
eNitahle result when he said, in an in
te,vieW recently published in the Chi
Cage Times Herald:
If elected president, the public must
be prepared to see Mr. Bryan. as chief
leIssutiNe, and those associated with
hitA as cabinet counselora construes
every law bearing upon the currency
and the powers of the treasury Depart
tfnesst IN such a manner as to aullify as
pss't they can its provisions in so far as
they bear upon the question of the
maintenance of the gold standard.
suppose Mr.. Altgeld. of Illinois. was
SECRETARY Of the. treasury under Bryan,
and the Hon Champ Clark, of Missouri.
was attorney general. who can doubt
tor a moment but that plenty of Ways
would he found to nullify the provisions
I5et the present law?
Secretary Gage states that, in his
opinion. the authority given by law 10
Use the redeemed notes, for any lawful
plrpo eNcept deticiencies would give
I5the secretary of the treasury the power
IN case ii became apparent that silver
Would become deprecated, to pay cut
notes redeeniable i'll gold in exchange
for silver, and thus maintain the parity
Esof the Two metals.
Would Mr. Aitged as secretary of the
trea sury do this
Ii il scarcely 10 be believed that he
would. since il would be contrary to the
policy of his ieade, to preserve the
single gold standard intact. and it
would bein the interest of the move fo,
free silver TO destroy the law rather
than TO protect il.
There is another danger which con-
fronts the gold standard In the event of
iSryan's election. and that is the proba-
#bi!ity That both houses Of congress
5wauld have free silver majorities.@
Should the people of the United States
decide this fail to elect Bryan he must
almost of necessity carry enough states.
States senate on the currency question:
The abaalute sound money Strength in
/ Tire present senate Is, - votes. OF this
number is so out IF Office al the ex-
lpiratHn of President McINinley's pres
tent term. With Bryan successful enough
states whose legislatures " III elect SEN
tors for tbs term beginning in 1901 viii
have voted for free silver 10 give the
zt.1
Any on. can determine for hinisslf this
fact of silver supremacy in the senate
BY q little investigation of the figures
but there is no reasonable doubt but
that if Bryan carries d majority Of the
electoral college in November there will
be a majority III both houses OF CON
81 esq. IN support OF his free silver theo-&
Eries,.
This being the fact. ii isgat once APP
parent that the money question il stilI
the paramount issue, despite the con-
trarys statements 81 the Kansas City
Platform aud the Brvanise orators.
Bryan insisted that 1910 go into the
platform az the price of his acceptance
|of the nomination, and no sane man can
|doubtttis course if given the oppoftuni-
ts ofstle OCCUPANCY pf the presidential
chain, With a congress faNora Bile to his
visionary schemes,
For these reasons Il Seems to me that
all believers in sound money and hon
est currency should realize that a crisis
iconfronts them which demands their
united efforts in opposition TO fully as
great an extent as the situation in 1896,
I ard aboNe all snther Issues themoney is-5
SIZE s the paramount issue, for in the
E5eNent We should have free coinage of