The Iola register., 1891-01-23
encouragement to those who understand and
are ready to CO. operate with it.

resume rights that seemed TO nave Deen IN
frfnged. 1t is many years, Mr.. President.
since predicted this inevitable result. In
speech delivered in this chamber on the 18th
of February, 1873, from the seat that Is now
adorned by my honorable friend from Texas,
who sits before me Mr.. Reaganl said:
1--WE can not disguise the truth that we are
on the verge of an impending revolution
The old issues are dead. The people are ar
raying themselves upon enc side orthe other
of a portent,ous contest. On one side is cap
ital, formidably intrenched in privilege. ar
rogant from continued triumph conserya-
tive, tenacious of old theories, demanding
new concessions. enriched hy domestic levy
and foreign commerce, and struggling to
adjust all values to its own standard.
On the other is labor, asking for en-
ployment. striving to develop domes-
tic industries, battling with the forces
of nature and subdung the wilderness;
| labor starving and sullen, rcsolutcly deter
mined to overthrow system under which
the rich are growing richer and the poor are
] growing poorer; a system which gives to
| Vanderbilt the possession of wealth beyond
| the dreams of avarice, and condemns the
| poor to poverty which has no refuge from
| starvation but the prison or the grave. Our
| demands for relief, for justice, have been
met with indifference or disdain. The Ia
borers of the country asking for employ
/ mt mt are treated like impudent mendicants
begging for bread"
Mr. President, it may be cause, 1t may be
| coinciden g, it may be effect, it may be post
| hoe it may be prOtper hoe, but IL Is MS
| torically true that this graf blight that has
| fallen upon our industries, this paralysis
| that has Oyertaken our financial system,
| conceded in point of time with the diminu-
| tion of the circulating medium of the coun-
| try. The public debt was dec clared payable
| in coin and the power of silver was de-
| strOyed. The value of property diminished
| aud ia ll
| every thing was deprecialed except debts
| and sold. The mortgage, tie bond, the
| coupon and the tax have retained immortal
| youth and yigOr. They have not drpre-
| ciated. The debt remains, but the capi-
! city to pay has been destroyed The accu-
mutation of years disappears under the
| hammer of the sheriff and the debtor Is
| homeless while the creditor obtains tn
| security for his debt for Il fraction of what 1t
was actually WORTH when the debt was ton
| tractel.
There is. Mr.. President, deep seated con
| yiction among the people, which l fully
| share. that the demonstration of silver i'll
| 1873 was one element of great conspiracy to
| deliver the fiscal system of this country over
| to those by whom it has, in my opinion,
| finally been captured ! see no proof of the
| assertion that the demon citation act ot 1913
| was fraudulently or corruptly procured, but
| il is imposs bic to avoid the conviction that
| it was part of deliberate plan and conspir-
| acy formed by those who have been called
spectators to still further increase the value
Of the standard by which their accumula-
tions were to be measured.
AN ANOMALY.
The attention of the people was not called
to the subject 1t is one of the anomalies and
Il phenomena of leg station. That bill was
pending in its various stages for four years
i'm both houses of Congress. 1t passed both
| bodies by decided majoriiies. 10 was read
| and reread and reprinted thirteen times, as
| appears by the records 1t was commented
| upon in newspapers; 1t was the subject OF
| discussion in financial bodies and over the
| country and vet we have the concurrent tes-
timony of every Senator and every member
| of the House of Representatives who was
| present during he time that the legislation
was pending and proceeding that he Enew
| nothing VIII ltever about the demonstration
| of silver and the destruction of the coinage
OF the silver dollar. The senator from Neya-
da (Mr. Stewart) who knows so many
things. felt called upon to make speech
of an hours duration to show that he
knew nothing whatever about it.
have heard other members declaim, and
with one consent make excuse that they
knew nothing about It As say, it il one OF
the phenomena and anomalies of legislation,
and l have no other explanation to make
than this believe that both houses of Con-
gress and the President of the United states
must have been hypnotiZed So great was
the power of capital, so profound was the
impulse, so persistent was the determina-
| ton that the promoters of the scheme sue
cerded by the operation of mind power and
will force in capturing and bewilderIng the
intelligence of men of all parties, of mem
bers ot both houses of Congress, and the
members OF the Cabinet, and the President
OF the United states
FREE COINAGE
81, i, tatn nat Nf
the Allegheny Mountains and south of the
Potomac and Ohio rivers that Is not in favor
of the free coinage of silver. There Is not "A
State in which if that proposition were to be
submitted TO popular vote it would not be
adopted by an overwhelming majority.
do net mean by that inclusion to say that in
those States east of the Allcghenies and
north of the Ohio and Potomac rivers there
| is any hostility or ind sposition to receive
benefits that would result from the remon-
etization silver. On the contrary. in the
> great comIponwealths that lie to the north
east uporf the Atlantic seaboard-New
York, Penns ylvania and the manufacturing
{ and commercial States-I am inclined to
believe, from the tone OF the press, IRON
the declarations of many assemblies, that
il the proposition were 10 be submitted
{ there it would also receive a majority of the
votes. If the proposition were to be sub
mitted to the votes of the people of this
country ut large whether the silver dollar
2 should be recoined and silver remonetiZed
4 notwithstanding the prophecies, the pre-
dictions, the animadversions of those who
= are opposed to it, L have not the slightest
doubt that great majority of the people
= irrespective of party, would be in favor OF it
and would so record themselves They have
e dec Jared in favor of it for the past tifteer
years. and they have been juggled with, they
have been thwarted they have been palterct
= with and dealt with in "A double sense The
e word of promise that was made to their enl
in the platforms of political parties has beer
: broken to their hope. There was u majority
n in this body at the last session of Congress
n | in favor of the free coinage of silver. Tn'
i compromise that was made was notwhat til,
a people expected nor what they had righ
: to demand They felt that they had beer
2 trifiesl with, and that is one cause of the eN
II asperation that was expressed in the verde
: of November
:, WARNING.
4 feel impelIed to make one further obser
= vation. Warnings and admonitions hav'
Il been plenty m this debate. We have beer
d admonished of the danger that would follow
: we have been notified of what would occu
e if The free coinage of silver were supporte'
II a. a part Of ot 7 financial system. am not
= prophet nor the son of prophet, but sa.
r TO those who are now arraying thrmselye
V against the deliberately expressed judgmen
II of the American people. a Judgment tina
i they know has becd declared and recorded
: | say to the members of this body, say, -
n far as i may do with prop1icty, to tn
d members of the coordinate branch of Con
e gress and say. il without appropriately
IS may do so, to the Executive of the Nation
: that there will come time when tn
m people will be trified with no longer on thi
IF subject once, twice, thrice, by Executiy
Z Intervention, Democratic and Republican
% by parliamentary proceedings that nee
" not characterize, by various methods OF leg
" islatiye jagglery, the deliberate purpose q
? the Amer can people, irrespective of party
a. has been thwarted, il has been defied. IL ha