Telegram-herald., 1891-10-22

tion 20 your eoiaing IT." They ssi4
No, thar Is the sacred dollar oi ths
iatkers. aud we are gong 70 coin tlreV
hundred and seventy grains into I
dollar, one that Is worth In geld bus
sesentv-fiye cents" Is that the dollar
OF the fathexs2 Ihe fathers neses
thoaght vi coming anything but tA<
gold dollars. Bias some gentleza an says
We want more money-AaI that Nsll
rot give yea more money. Coin sases
freely. Let the world bring seventy
1--WE cents worth OF silver and we STAMP
IL as a dollar, and il " III drive svers
dollar OF the five hundred millions of
gold cut OF circulation ia this eour
try. Ii will convert every greenoael
that is redeemable IL gold into gold
and drive them out OF circulation
ana il you want 20 contract the cur
rency, nine hundred millions of dollars
adopt the free coinage oi ssiyef- Ii
would be grand thing for the bul
lion owner ii they could take their
silver bullion and have IL coined with
your dollar-31l grains-they caa
make every year. between sixteen aaa
seventeen miliioAs of dollars in eleaH
cash. OF course they are having
hard time aud / will be glad 20 assist
them, but not at the expense OF the
people
And then. when yoa have done this,
and you have landed this government
on q deprecated currency, seventy
five cent dollar, and the laboriIg maa
who has toiled, 10. these many nights
and days, and laid aside one, two.
three or four thousand dollars Tor old
age, will wake some moraing. and
find that his four thousand dollars
is three. or possibly two. ] want the
labor.ng man paid In "A dollar that
will he dollar today, and tomorrow,
and next year, and worth 100 cents,
and IL the government should go cowa
would take care of him anywhere on
the face OF the globe tApplausel 3tf
grains, coined into dollar. How
much Is an ounce OF silver worth To-
day?? Ninety-eight cents. think;
have not looked at the quotation to-
day. How many grains IN an ounce!
$50 in other words, you can buy 3s0
grains of silver for ninety eight cents
and our friends want us 10 pay 81 Tor
81 grains. That is not very sharp
iinanciering, .s II? II was n remnant
OF the old fiat money. And IL You caS
call 81 grains dollar, you might rs
we'll call one grain dollar. 1 beg oi
you not to hide under the memory d
your fathers, who, il they were alive.
would repudiate such a slander on
their name. Make that silver dollar
the equivalent OF gold dollar and
you can have free coinage.
What do we do? We say by the law
that the government o. the United
States. through it's treasurer. shall
purchase, every thirty days,4 800, 900
ounces OF silver for just what il Is
worth in the market OF the United
States in gold. That is practically
the entire output OF the American
mines. We figure then. In order to in-
crease the currency. don't pay for this
silver in the greenback or the present
Jreaury note but issue a new money
in payment of this silver, as you buy it,
and the result is, at 100000 ounces
month we buy 100000 ounces
year, and il it were worth a dollar
an ounce, as it Is nearly. we put in.o
circulation $4,000 OF new money,
and we make IL fun legal tender for
all debts, public and private. and re-
tleemablc in com upon presentation ut
tn ctreasury. Now, what is the result?
Every one OF these new bills has no
fiat IN 1t, but every one OF these new
bills is worth Just one dollar in gold.
because we hold the geld value OF the
dollar in silver back OF il. That is tho
policy which our friends want to over
throw. and that IL the policy we have
adopted in this country and by that
means we have q dollar that will
wrong no man.
What do you suppose we pay for
labor in the United States every day?
S4, ,0O0, 900. Now.you want to bring
us down to n eeventy-five cent dollar.
and you will rob labor in this country
OF n million dollars every day, and
yet. the two Democrats from the State
of Michigan. in the last Congress n
year ago, when this very measure was
under consideration. and the PROPOSE
zion was made for the free and unlim-
ited coinage OF silver, with only 81
grains in IL. both Mr.. Chipman and
Whiting. the only two democrats
from this State, voted yea for the
free coinage Of n 6ebased dollar.
Ny fellow-citizcns II viii not do. Two
hundred years ago there sat on an
English throne an English king. and
lse declared that ii any subject OF his
realm took his knife or file and took
| tror3 the coins n fraction OF a scruple
shat subject was guilty OF treason.
| Women were burned at the stake and
men were gibbited for clipping the
coin OF the realm. Now. in this noon
of the evening OF the Nineteenth cen
fury Il is left for this great govern
mcnt. that has never yioleted one of
| It's pledges. that has kept faith with
| nll nations. that stands here today bor-
rowing money at . per cent. with a
credit absolutely mafchless-it IL lett
for this country to find n 14rty that
proposes TO lcvalize a dsbased coin.
[ had rather this government had gone
down with the throe- of revolution
than now Il should tarnish its fair
name.
| Now. nv 'eilow-citizens. I leave thess
two questions with you. These two
questions You vote on at the conine
election. I want you 10 shand bv the
ssominee OF the republican party In this
district. (Applausee I want you &c
ttaDd By him because he represents pro
lection to American industries. GAP.
rlause.l Iwant you 10 stand ny him
because be represents the honest doh
lar for an honest days work. CAP
| Yaauee.) l want yoa to stand by him
because | know what a faithful rep.
rcsentatIve % yonr interests De was
fApplause.l Where is the man that
~ sot man enough 70 put under his
foot INV r.erecnat h;ef-crfrsy IN fhe efcf
Tor a man that represents his isdg
tnent upon thoss qnestfons. fArrsause