Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1875-09-23
MIR. BayeTd's Baltimore speech.
NOTHING IL MONEY BUT CONSERVATION WILL
BRING CURSE upoH rHE CoUSray--HE FLours
TIE OHIO DEMOCRACY,

NOTHING IL MONEY BUT CONSERVATION WILL
BRING CURSE uPos rHE coUSTay--HE fLours
TIE OHIO DEMOCRACY.
From the Baltimore Suns report Of Senator
Dlyard's speech at tho Baltimore meeting, on
Friday, We taks the portions referring to
finance:
Tr. Bayard said he had alluded to the work to
be doue by the American people to restore their
lost wealth and prosperity he would now speak
of our money. There is no use of hard work, he
said unless we are to have stable value for it.
That there WAS no warrant for any law outside
OF the constitution was simple rule of the
democratic party. Power is limited by the con-
stitution, because thsse who hold it will abuse
t. Nhs constitution authorizes Congress TO
coin money regulate it's value, and fix stan
dard of weights and measures. BY coming
money was meant coming metal. 1t cannot
regulate credit or that which has no value. 1t
had al we'll try to regulate tho weather as to try
to regulate paper money.
II Congress fixes standard of weights and
measures it was equsliy it's duty to fix the yalue
of that Which is 10 be paid for that which is
weighed or measured. 4 man sells pound of
tea FOR ono dollar, aud when you give him e'gl-
ty Gepts for 1t you have not dealt any more hon
estly with him than if he had given you twelve
ounces for pound. lApplause.1 The value
that pays for the commodity should be as true
as the commodity itself. in 1862 every democrat
IN Congress was opposed to the government is-
suing greeuhacks. A man about that time was
imprisoned for speaking dlsparaSingly of the
currency. The chairman of tho U. g. Senate
finance committee Used last winter similar terms.
Our fathers nteuded that money in the pocket
should DO money everywhere. [Applause ]
When the commercial world touches the curren
ey 1t wits like the leaves of autumn. The cur
rency the 0ountry deals with depends wholly on
credit II the people could understand that the
price of their products il fixed in Europe in
gold, and thai they arc paid in paper, they would
vote to remove this curse, delusiou aud snare.
The neces sity of it's abolition il plain, The peo-
pie waited hard money for hard labor the value
of winch can be regulated. Ihe iniationsts op-
posed having their railroad stocks aud values
based upon credits contracted in value by Il re-
turn to gold. No increase of volume will make
IN the quality; capital is startled by the propo-
aitiGn to initiate, and foreign capital has ceased
to flow TO our shoree
Mr.. Bavard begged the laborng man, as he
valued lis own interests, not to aid the capital
list in increasing hIs inflated wealth by voting
to increase the volume of paper money. Inha-
ton would eventually bring curse upon the coun
try before which former panics were nothing. The
day was a sad one when Congress by single
vote decided that paper money could paw debGs.
The present administration has intensified the
evils entaed by departure from standard of
coin. The South had suffered, he said, for want
of capital and bad currency, aud by the admn-
istration which had made to aud property is
secure in those States.