Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1886-02-04
elaimea that these ngures are far Short Of

| cidbsTl Lilat THESE IlSlfes are lar short OF
After reviewing the question and showing
| the difficulty OF obtaining exact information.
he says:
| While. therefore. ii Is impossible to reach
| even an approximate estimate as to the
| actual Investment III silver mining, we know
II 10 be a large amount, perhaps $300.000,0OO,
| perf1alIs $500,01J.o01. possible more. hut Ger
tainly in excess oi sio6,0o0O10.
lie also estimates that there may be shout
10000 persons engaged in silver mining i'm
this country. and about $4,000 supported in
| silver mining. T0YHS and cities have been
built up 10 meet Tire necessities Of our silver
| mining Interests, ami railroads aud WAGON
roads constructed for the same purpose
| And they ave large consumers of clothing
| food, iron, steel, quicksilver, and machinery
| Silver mining is tile principal business ia
| some OF our western States anu Territories.
In addition 10 being asked so double She.
Gebt burdens of ON people, we are asked To
| Sacrifice all these resources i'm silVeY-efnd's
boon and blessing 10 us and TO the world
TO sacrifice ali The investments In our silver
mining operations; TO pauperize Alore than
half a million of people and bankrapt,
thousaff'is OF our most enterprising citizens
In order 10 help a few rlcl. men in our oWnaud
| other countries 10 tefpetrate upon our own
people and those of other countries the most
stupendouS fraud, considered in al. lts bear
| ings, ever perpetrated on mankind.
While this scheme of demonctiHDg silver
edncss OF the world, and to double the puI-
| chasing power of the gold Of the world and
| TO require double the amount of labor and
property now required 20 pay the debts of
the world, want to ask the question: for
each pelatAg 10 answer to himself OH his com
science, is thefe one man III the world silly
enough TO believe the bondholderS, bankers
and money-lendeTs wottlts he willing to take
one-half the face of their securities in salts
faction of the sums owing 10 them? If they
take away half the means OF paving, in good
conscience and honor, ii thew are honest
men, they ought to reduce their claims for
payment One-half But they will do no such
thing. They expect to be able to use the
| political power of this and other e0un-
tries 10 violate the law and the contracts un.
der which they obtain and own bonds, and
to rob the people of ehat should go to feed,
| ciothe, and educate their children and pre-
| pare them to become good intelligent, and
uSetdl citizens. / can not and do not believe
that Gods justice will permit the consum-
nation of such crime against right, decen-
cy, humanity, and civilization. And is
there a sane man in the world of ordinary
intelligence, who believes that the statesmen
OF either Great Britain or Germany would
make such sacrifice of the material inter-
eSts OF their countries and Of the rights of
they people as their nloneyed men are ask
ing us to make for OHr country and people,
Money-lendera and stock gamblers modestly
ask lis TO sacrifice this great source of our
millions TO possess. And men are found in
the American congress who advocate a poll
cy which would lead TO this result, II sue
cesSful.
THE REMEDY.
We are responsible to our people for the
protection OF their rights. We have the
power to protect them. 1t is our duty to pro
tect against this cunning and wicked scheme
of robbery. If | am asked how, | am pre-
pared To answer, that
First. would provide for the free and
unlimited coinage of silver.
Second. | would provide for the issuance
of silver certificates OF s. and upward on all
deposits III the Treasury or shh:reasuries OF
silver coin or bullion of standard tnenesS.
when 81 0 or more should be- prt scented.
Third. would so ampnd the second see
ton OF the act OF Congress OF January IA.
1910, TO provide for the resumption of specie
payments, and the twelfth section of the
act of July T. 1852. ITO enable banking rs
Sociations to extend their corporate existence,
and for other purposes" rs to repeal the
special reservation of Sl01, 100000 of gold for
the redemption ri iegal-tender notes, and liz
stead of that special reservation would pro-
vide for general reserve of SJ0,0t0,001, in
addition TO the current revenues. To meet all
the contingent needs of the Treasury.
Fourth. | would require the Secretary OF
the Treasury to pay out the silver III The
Treasury as he does the gold in satisfaction
OF all public indebtedness; and to pay out all
principal and stop the interest of our public
debt TO that extent.
Fifth. / would provide that no more ma
tional banks should tie chartered; that no adj
dltonal notes for circulation should be fur
niShed to those now in existence; and that.
as the charters of those in existence expire,
and as their circulation is called in, like
amount of United States Treasury notes
should be issued to take their place as cur
rency. In former part OF my remarks |
or faa1f nxsr
peat them.
l profoundly regret that there should be-
differences between Democrats on this queS-
ton. The President in his message ana the
Secretary of the Treasury i'm his annual re-
port nave shown wisdom and true statesman
ship in many of their recommendations. and
wherever i can it will afford me pleasure to
| sustain their views. But on tins question |
must follow the traditions of the Democrats,
| party and its principles, as illustrated in
many test-y0teS in both branches of Congress
within the last ten years; and | must sustain
| the interests OF my constituents, those of the
| people of the whole country and of man
kind as affected ny this question.
The Democratic party is now on trial be-
| fore the country. The Republican party was
| turned out of power because it abandoned
| the interests OF the people on all the great
| questions which affected the material inter
| estS OF the country, such as the regulation OF
| interstate commerce, the tariff, banking and
| the coinage of silver, and surrendered the
| great political powers which it controlled, as
| the dominant political party OF the country,
| to the service and support OF the Interests of
| the corporations and the money power. The
| Democratic party resisted anu denounced
| this course betrayal OF the great political
| trust conlded to the Republican party.
l do not wish 10 be understood as saving
| that all Republicans and all Democrats oc
| cupied the positions have assigned 10 these
| parties respectively on these questions.
| There were Republicans, especially in the
| West. who did not agree with the action at
| their party on these questions. and there
were Democrats, mainly IN the East who
| diti uoi agree yiiA tneir parry cn t.esc quVS-
| tluIts. But nave stat.ti comedy Gie pUsl-
| tons OF the two great political parties.
Now we find leading Democrats asking the
| Democracy, As a party, to take on these CUES
| tiOns the very positions and to advocate the
views for which tile people drove the Repub-
| l;canS from power Viii we do this? Ii we
| do, tle, we ought all To join the Republican
| party; Tor on these questions there would be
| no difference between these parties And If
| we do. then the Democratic party must cease
| to exist. IL has been the party OF the people
| from the foundation oi the Government up
| to this time, resisting ali through our history
| monopoies ami class interests and defending
and protecting the rights OF tie people. il
| il should ever become the defender of mo-
| nopolies, corporations, and the moneykngS
| as against the rights OF the people (which
| God fOrbid) it viii cease TO be The Democratic
party, and the people will have to look else
| where for the guardianship, protection, and
| defense of then rights.
Lord Salisbury has stepped down and
ont Ha had an intarviauy Will, VILLA ~,