Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1900-08-16
TIE IOWA DEMOCRATS
tcontinued from First pase.l


[Continued from First PaEe.1
made money cheap by making 1t plen-
ty. Ridiculing the effort to Increase the
volume Of money in 1895 by coming the
silver of the land, they now declaresin
the Philadelphia platform that 1.-THE
volume Of money circulation was never
50 great per capita as 1T is today II
an effort to increase the per capita cir
sculation Is the policy of anarchy and
idishonor then the policy of the repub-
3lfcan party Is the essence of anarchy
and the elimination Of dishonor. They
pledge themselves to promote irlterna-
stional bifnetallism III 1896 and In 1900
they announce that pledge but cheat
and fraud And yet the platform that
Mckinley sent to Philadelphia by the
head of the department Responsible for
the Cuban postal frauds contained res
newal of the pledge to favor interna-
sttonal bimetallism. The republican
party has fathered all the financial
make shifts that it now denounces az
the bastard children of populism. The
republican party gave us the green
backs and now 1t repudiates them. 1t
passed the Matthews resolution and re-
jected that of Teller. For q generation
that party proclaimed it's adherence to
sblmetallism and now its leaders fabri-
cate a new definition of the term In
order to disguise their desertion Of the
former tenet. Their votes gave us the
Bland-Allison act and they now call il
"a financial heresy They passed the
Sherman act, their party in national
convention commended it, and nov
they class 1t as child OF dishonor
They repeatedly declared for bi;netal-
ism, their state conventions in the
west have stood for free coinage at 16
toll and now they reverse their former
platforms and decry any financial pol
icy not controlled by the national
banks and the gold trust. They made
the civil war obligations payable in
lawful money at the behest OF the
bondholders they betrayed their con-
stituents and made those obligations
payable in COIN And now again
they alter the contract. to the people s
damage. and make those same bonds
payable In gold" Not content with
this las t betrayal of trust, they arrange
a scheme of refunding that prevents
the payment of these obligations until
the year 1895. In 1872 they beasted their
rapid reduction of the public debt: in
lsv's they passed a law that makes that
DEBT perpetual charge upon the peo-
pie: They have encouraged every
monetary regulation that they now de-
nounce as financial heresy and verify.
their last state is worse than their
first.
Opposes Bank Issues.
And now as a fitting elimination OF
policy of alternate promise and be-
travail, after following every financial
ism that they fondly imagined would
secure public favor, they come forward
with new and startling proposition.
They propose to give to the national
banks power to issue notes on their or
binary assets. Thinly hidden under a
mass Of smooth verbiage, the second
paragraph Of the financial plank in
their national platform proclaims a
heresy that puts to shame all the va
carries of monetary jugglery These
learned masters of monetary legerde-
main scott at the scheme of John Law,
they lament the fate of the continental
currency, they deride the "sub -treas-
Try scheme of the farmers alliance;
they boast themselves the guardians of
sound finance; but here we find them
endorsing the widest dream that ever
fitted thru the muddied brain of a
Loux or DonnellS. Notes issued on
bank assets. Why, that is the theory
that gave US the wild cat" and ..red
dog paper. Of the old days. That is
the theory that gave us a panic in the
days of our fathers: that is the dazzling
dream OF every tiatist since the time
when Noah sailed the ark; and now.
sprung life at the magic touch of a
Hanna, 1t comes forth free from its
grave clothes disguised as sound
Democratic Hard Money.
The democratic party has always
been the party of hard money 1t
has always stood for the system de-
vised BY the fathers the mon " Of the
1t stands today for dol
lar, honest as between the debtor and
creditor, honest az between the bond
holder and the bond payer, honest as
between the owner OF dollars and the
ownerof property. 1t glands today for
a money basis SO large that every
financial furry will not disturb our
volume of credits. It stands today for
a system that does not fall when few
of gold are exported. 1t stands
for money issued by the government
and not by national banks, for a none
tary system sound and not faulty; for a
system devised by wisdom for the peo-
pie 5 good as against system fash
Toned by folly for the advantage Of the
fen Il stands for an adequate supply
OF primary Eioney-one that can not be
contracted by few magnates whose
love of country is the love of dollars,
whose patriotism is the gathering of a
harvest Of gold from fields fertilized by
the bodies of American sons
Trusts Republican Offspring.
II the history IF the republican party
is one of utter inconsistency and unre-
liability on the question of finance. it Is
certainly open to no such charge on the
question of trusts. 1t has wandered
widely In it's devotion to an honest bond
and an honest dollar, but 1t has never
departed from the desires of It's Off
spring. the trusts. MicaWber like, 1t has
Been s!iifty and uncertain on the mat
ter OF money, but it turns to the trusts
With an affeetionate concern to hear the
burden of Mrs. Micawber's song, II will
never desert my Micawber." Born from
the womb Of privilege and nourished at.
the breasts of protection" the modern.
trade combination claims the republic
o,.f., Tnt Il