The Waco daily examiner. [volume] (Waco, Tex.) 187?-1888, 1886-01-20

would lose a'l our gold, would lose
our national crclitnud would hc m
uUl' to sell our luud-. What Wa
our financial condition Mt That time
aud What is 10 now lu lS1l our lint
iuuNl notes were WuLih ~ cents;
ever, uui, knew V.nt they were
worth tu- hy. The uuoWt ot gold
then m uc United -Hr~ wa Si"-
Uluuuu. the amount tu-duy i- S6,..-
upoulu. hrrr We bad been nddiug lo
our stock ut gold ut the rate ut fbu.-
cocoon year. There WAS hut one
iat & thrt hnI TO- daN more gold
UN1 the uitcd states. that u"tuu
Wu- France, which hud SSisuuuVuu.
The coinage ut SILVER had NOT hurt
our national hanks Mr. Teller
HuulNl,d the national bank
return. in support OF his po-iionuud
, showed that HE deposit, OF i-,,Wc.c
SGHuuOOOuu. white the deposit, ut t'-
dnv arc Sil'OmOUuu- nearly double,
while the ,a>iug- hpuk-'- deposits Hrr
now S2uO.uOOuuu more than the de-
posts of four lcar- ngo. How had 20
iarrd with England in tho.o RESPECTS
TIA" Bank ut lluguud Wu. ip-t losing
it. coin aud bullion I'm the lust .jN
month. it hnd lost Si~uU.ouO ot its
dcpu,it. Wa, it not extraordinary,
it our financial policy WI, -u uuWi.c
aud hat of England su Wi-c, that We
had accumulated .o large nu amount
of gold. VIII lc England was losing her
gold The whole condition of our
country. hc said. was uu eloquent dee
..f ..F
Il e on- aud .mplniuts of the
vurmlcs ul silver The s'ppagc
ot silver coinHgrWould hc cquiyolcui
To- the addition ot NjpOUOuOOu tu the
the national debt, 1t would add from
20 to 3u per rcut. To- every dollar ot
debt m the land au amount almost
too great tor computation
The creditor class demanded the
suspension of coinage. witch WIS
practically % stop.ugc of 49, aud ilmt
we my m gold me S3i6.Ouu OOO ot uH-
tlonnl huuk notes and withdraw them
from circulation. The nest move
would hc to take from thc silver doll
Hr- already coined the legal tender
value. thus ,tlu,uug u reduction
amounting altogether TO rhh',Wouuu
in the circulating medium over one
third ut our whole circulation. then.
with riuuuuu.uuU of the balance luckud
up IN the trcpsur, the hu.iu,.- of the
country would bee lett Goo hr done
IWi % about ouc-thri our Irr-cnt
stock ut uioucN
The secretary of lhc trro.ur, hnd
told u- TINT mhuring mcu Wuu.d bee
thr lir-t tu suffer from silver coinage
lrt that gentleman speak for Oh" great
muuird corporations uud ton the
huudholicr- and capitalists, hui not
tor the nhurun men lhc mhuriug
men were well aware that tai,
grrut department ut our government
had mD-cd INTO the cont ul oi the
/ bank. bankers aud muucNvd power.
| thrS knew thul the statutes PASSED tu
! rurlnl the powers of muuCVod curpo-
| mtiou- aud capitalist, were violated
every daN ia the treasury department
/ The present disturbed state ot the
| public mind concerning silver, Mr.
/ Teller us,riucd tu the attacks mdc on
It hN the government Officials lie
/ did not demand forced
circulation Of silver; be- merely dc.
muudcd Tor II oh equal chance with
puld. aud thcu thnt was done hr
| would abide the decision of the com.
ucrrm world
let the gold udyocnir- give Ia sil
vcr free coinage u. thry gave IL 4,
gold aud then ict the Judgment uI
mankind be- taken ON its value a.
lmuu,,. DO not allow government
onicml- go dl-rrvdil 10. do moi allow
the gov romul agents the uuioup
banks to refuse tu rrr,N,
+ lit on deposit lee ul mcr
understand thnt the paymcu
IN lt VIA % Iu-l and lnir payment of
drht. within the letter and spirit 90
. the hw, mud when that wn- done -il
yer would Resume H., place ms th'
lnyuritc money metal ui commerce
The run question was whether DO,
worlds commerce should hc cunduct
cl with ull the world stock of Duil
urWlth uuly ouc-mll of IL, and tina
question affected nine men in rVru
, tcu iu the nitrd ~uic-; he spoke
. therefore, for All who tuilrd IN mil
and field that great host, u- m'ghi'
A., in numbers u- il Is modest in nspirl
tiuu, who constituted the -lrrug
aud power Ot the nation; who, thuugI
~ furhourlug aud luug-ruduring, yc
, when aroused in dclcnsc of thri
I rights. knrw how lu compel thw
r agent, to respect their will.
the -cunlc adjourned MT the rlo-c d
4 Mr.. lcllur'r remarks,