Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1880-10-06

q QOlaT tlaJ Will Turn INTO aSncS III the nilu
of widowhood OF i'll the posse ssion Of the
orphan. Take coin of the Roman empire-;l
little piece of gold-and it is just good to-
day as though julius Cesar stood at the head
of the Roman lcgions. l do not wish to trust
| the wealth of the country to every blast OF
earth I'll which we stand, as bright as the stars
that shine above u.s. [Applausc.] Now, thenc
we have had such good luck with our notes; We
had SO much to eat and drink and wear that
some Greenback gentleman said: "Why not
keep it ur?
want to pay debt to the Grecnback party
I endeavor to do equal and exact justice, and
believe to-day that if it had not been for the
Greenback party We could not have resumed,
and I will tell you Why. The Grce!,backcrs
went into every schoolhouse in th@ state, EXCEPT
the southern states, where they would not al
low them to spcak-they went onto every stump
and they told the people: ''The Grecnback il
the best money the world has ever SEEN" They
talked and argued until millions of the people
began to despise the look Of silver; they ALSO
! all the talk, "Thc greenback is the money of
civilization" Finally. when we said: Eve will
resume" the Greenback party had gotten the
people in such state Of mind, had got them
so in love with the greenback that they did not
ask for gold. If they had asked for gold we
applause.] So to-day I want to thank the
Greenback party for what they have done; brf
allow me to say IN this connection that the day
OF your usefulness Is past. loud appla1sc-l
definitions of money and that helped to mis-
lead thousands of people. They said, ''moncy
is measure Of value; )" they said, ''morcv is q
device to facilitate exchanges Well, that is
calculated to mislead anybody. The Green
hackers said, IF it is only device to facilitate
good as a gold dcvice?' ["Good." lou
could not answer it; nobody could answer it.
The trouble is that the first statement is I'M
| true. Money is not ga device to facilitate
changes but the coming Of money is a device
to facilitate exchanges. Rccocct tho word,
''coining' The only reason that coming WAS
necessary was the government had to tell how
much there was, OF else every man had to carry
a pair Of scales and be a chemist. SO the
coming of money is ga device to facilitate OK
changes" but the money itself is gold aud
silver the product of Nature herself. LAP
plause.
Then they said, "Money measures value as a
-bushcl measures corn. or as yard-Stick
measures CLOTH" That is not SO. II 1t had
been SO the Grecnbac1ers would have bc";l
right, because if "money measures value as s
balf-bushcl Or as yardstick,' Of conrsc it
makes no difference whether a hasi-buShvl
yardstlcl is made of gold, silver, paper; hit
the statement is not true. Money docs NO:
"measurc values rs a half-blshcl or as a v;,i'
STICK" and why? The half-bal>lt, does not
measure value; the yardsticli does not measure
value. The yardstick measures length, not
val"c; it measures lace worth $500 yard pre-
clsely as it does cent tape, and YOU know it.
A half-bushel does not measure value: It nlea!
ures quantity; and the half-bushcl would n!c.s-
IRE gold, and diamonds, and pearls, precisely as
it does oats and corn. [Applause.l There is
another trouble about it. The reason it does
not make any difference whether a yardstIck. or
half-bushel or gold, or silver, Or paper, is that
you do not buy the haf-bllshel The yar;lStick.
l,,1C Al
mcncemcnt Of the trade keeps it after the trade
Is over. The gentleman i'll possession of tic
yardstick before the purchase IS made keeps the
yardstick after the purchase is done. II II were
SO with money, then it would not make any dit
ference. [Laughtcr.] Now, then: nay friends,
if there is a solitary (ircenhackcr here. now in
the Democratic party, that once belonged to the
. Republican party, I ask him 10 CONC u.i;.
[Crics Of ''Hcar," "Hear.'] I ask him -
admit that we arc to-day a prosperous nation.
, 1 ask him to admit that to-day we have got
money enough. want him t. admit that Al
amount of money does not make prosperity, but
prosperity makes money. / want bin, to admit
that when the country is prosperous rnen every
man trusts his neighbour, but if you buy pound
of sugar on credit you initiate the currency. Ii
you give your note for horse, then you initiate
, tho currency; if you give mortgage OF a decd
of trust YOU initiate the currency; and every Ic
low that says "Charse it, initiates the cut
rcncy. [La1lGhter, and voice, 'Tha1'% 30. |
, IN t1llieS Oh IICHICl1tN-Llitt Is
that. in times Of general confidence we have sill
the money we want. Suppose YOU slIHuil 50 t"
+ Il man that owned ferry boat, and t.clc had
been no rain for six months, and the river va =
! entirely dry, and the ferry-boat was upon j'4.
, sand with seams gaping o7en Ike Our aver
; understand, Il might say in that connection
speech about the constitution laughter and APP
plause] and suppose you should ask that nlal
''How is business?'' and he should say, "DulI:'
and suppose you tell him, "Now what YOU WI mt
is more boats" ILaughtcr.] lie would be apt
to answer II can get along with this one if
: had little more water" [Great laughter.l |
want every man to think, and get that herc>y
out Cf bis head, that government can make
money; and will ask each one this question:,
, and have never seen any man who could an
swer it-now, honor bright, if the government
can make money why should it collect taxes ?
Just think about that. IA VOICE. Who does
make the money?''] Sir, Nature makes all the
gold and all the silver, and the Nation coins the
gold and coins the silver so that each man who
sees it may know what it is worth. Applause |
. That is what I understand by money, and all
paper that takes the place Of money is simply a
promise to pay that money. IA voice, ''I'lat
, is ALL You cannot make money by resolving;
, laughter]; you cannot make money by aw any
more than you can make oats and corn by res
olution in political meeting. Laughter. J
, Lord, Lord I wish you conld. [Ctrcat laugh
, teri wish this government could make money.
= What rich nation we would tic. Laughter. J
: If the government can make money Why doe,
t it collect taxes? Why should the sun borrow a
E candle? daughter and applarse.] Here is a
' poor man working upon his farm the whole
year. through rain and shine, and storm, day
J, and night, and at the end Of the year people
come to him and want 1925 taxes. If the gov
+ ernmcnt can make a $1,000 bill in second why
e should it follow up that poor man? Voice,
= "That's SOL | wish the government could
make money, and thatI could get my share now.
:, [Great larghtcr.l I regret that the Aladdin,
q palace made by the Greenbacll party consisted
\ only of glorifed mist. Laughter
1 am sorry that its dome was only rainbow
i, of hope. wish it had been reality. wish
Q the government could make money ont of paper
/ SO that the luxuries Of the world would be at
/ Americas feet. wish we could make money
: so that we could put every poor man in pal
ace. I wish we could make money SO that oul
G life should be continual and perpetual feast.
t But the trouble is can't; that is the trouble
d Suppose a man had bought a farm for $10,0 900.
! and given his note for it, and he lad bought a
c carriage and span of horses, and sent John &c
= college, and bought Mary piano, and given
d his notes; and at the end of the year, when the
n interest became due, he gave his note, and the
= "You must SETTLE" and be said to them, 81
" never had better time in my life thai
= while 1 have been giving these notes
Il we have had more to eat than We
e ever had before;. the house has beer
C filled with music and dancing;
e have ridden in a carriage; 1 have
y good clothes: now, Why not let this go on
e [Laughter.] I am willing torenew my notes I'M
= til Gabriels trumpet stops the business.
IS [Grear laughter.] Upon my word, I am SORT,
n that that can't be done laughter, but it can't
,, We have got to work; we have got to dig in thu
j. ground to raise oats and corn. So far as an
Concerned I had rather trust the miserl,
IT crevices Of honest rocks for the money Of Till
IL world than to leave it to any congress ever as
rs senbled on earth. [Applause:I The goi%
st won't cheat you; it is its own redcemer. Zap
plarsel The silver went fool YOU there here it is
d cial nation, and hope the time will come whe
" the American flag will float in every part of tn
4 world; and when that time comes We wan
l. money that will so the world around. Proba
e bly, it will be paper, but behind every dollar Q
that paper want dollar in silver or golt
Re lApplause.1
ct Iwant American money to be SO good tia
Oft u,bo,, 1-o,, tal, vOur pOcket matte