Telegram-herald., 1891-10-22

island. OF the Sea that he AT the very
threshhola under THIS policy iof free
eag.r. that 3 Al.
Germany has not spoken 10 Us for
forty ysars. tLaeghterl. She made
hsr lsa peIisi eaict, shutting cut Of the
market the American pork far
uaers OF Michigan produce. Bat
Germany produces suest. beet
sugar al bounty OF tao cents
pei pound, and not oriy supplies
herself, bnt puts her sugar on our
table. Ne are one of her best Durehss-
ers. ssDo you mean TO put the daty
back oB our sugar the fret Of January
Certainly" well, what 10 you
wsiltg- "why, we want our pork fixed.
We want to 60 back into your markets
with our pork" why" she SAID,
That 10 All right; the American hog Is
all right" Laughter and appIausel.
Now comes Italy. Removing her ediet
from our American pork aud her mar
kets are open free 10 our people"
Aud You call this tree trader "Why,
my dear air. nave We traded on any
thing we producer" We have not
swapped glass. tables. pitchers. hats or
awning: We have simply traded OH the
things that ws would lie, free into this
country anyhow, that 10 all. daughter }
Now II we can get . chrome out OF
them, do YOU object, daughter and
appiause). That kind OF reciprocity
has not touched single manufacture
ing establishment in ths United States,
| or struck down single iabonng man,
not one. You read IN the paper, and
must read Is. because 1t was very brief,
on this question of reciprocity. aad if
you will not believe me, you will prob
ably believe him--a word from Jas. G..
Blaine-sAppiause). know our friends
Oh the other side had it learned hy
heart, that tho Mckinley bill did
not open . foreign market for one
pound of pork or one barrel OF -four.
Here Mr. Burrows read from news
| paper the letter from Secretary of State
| Blaine, TO the Ohio editors, in which he
said the Mckinley Bill with it, recipro-
city clause lad his hearty and cordial
| approval.
| Ii you want . man 10 vote against
reciprocity, against opening the mark ct
/ for our American pork in Germany. in
Italy or in France; If you want q man
! TO restore the tax on sugar, if you
want a man to cut down our foreign
| commerce. you want a man TO vote
| with our friends on the other side, who
are opposed to these things and want q
| tariff Tor revenue only.
Our friends on the other side have
| another Issue, VIZ, the free coinage OF
| silver, and some Of our own friends are
! inclined 10 think that ought 10 be done,
but so far as the democratic party ie
| Concerned in the House OF Representa-
tiyes, il is committed to that doctrine.
| / hold in nv hand silver dollar, which
they say they want coined in unlimited
quantities. Free coinage is tho giving
to any man who holds three hundred
/ and seventy-one and one-fourth grains
of pure silver the right 10 take that sil-
Yer TO the mint Of the United States
and have the government put its stamp
On il, saying, "this IL dollar" and
hand il back TO them without charge.
| That is free coinage. Our friends want
not only the bullion owners OF the
United States, but the owners of silver
throughout tho world, to be permitted
| to bring all their silver to the mint Of
the United States and have the govern
| ment of the United States manufacture
| them into dollars. We are opposed to
it and take square issue on 1t, and in a
word, We oppose it because the silver
in that silver dollar is worth today
about seventy-five cep.s. and we object
10 the silver owne,a Of the United
/. Statcs, or of the world, bringing seven
ty-tive cents worth of silver 10 the mint
of'the United States and taking tsck 8
dollar for it, and putting that dollar
IN circUlstion.
In 1898 the fret mint of the United
States was established, and the ques.
ton that Hamilton and the financers OF
! that day had TO considcr first was,
whether they would coin silver alone
or gold only, or both. They deter.
mined to cain both. That having been
determined upon, the next question
was the amount Of silver they should
put in silver dollar and how much
gold in gold dollar, because they al
agreed then, and If they were living
they would be amazed to find thai
some psoplc do not agree to it, now
They al agreed then that these two
dollars must be of precisely equa
value. or they would not circulate
We are so conttituted, naturally,-yor
are, and you. my riend,-thar If you
have two dollars in your pocket anl
one is worth seventy-tiye cents and tns
other dollar is worth dol ar, and yol
owe your nearest and dearest friend {
dollar, he will get the seventy five cen
dollar. Q.aughter.) You cannot he
it. We would all do that. Ane
you know that tyo currencics d
unequal value viii Mt circulate sd
by side. and there Is not school DO,
Co To- . f,a,
said: 1--WE must make these OF eqna
value,' and they determined what the
would put into gold dollar, an,
they went into the market and ascer
tanned the commercial value of tn
two metals. AID found that one ovH
of gold would buy Just fifteen ouRe
of silver, so they said we must put Jus
fifteen times as much silver in n dolla
as there Is gold In gold dollar. an
after they had done that they woul
put "a "a grains In gold dolla
and the multiplying OF q ga by Il
would give al IL grains Of silver
That Ia the way. IL originated. an
that Is the origin N the expression
"one-fiftcen." Thus they got the fre
and unlimited coinage OF both metal
and they circulated side by side 70
about q year. and gold disappeared
because silver was cheaper than gol,
and gold went out Of circulation, an
silver was the ouly money In this cour
try until 1884. Nobody would c,t
"a "a grains OF gold into dolla
and ewap II for that one; he could ge
| more than that for his bullion: bepc
, Il was not coined at all.
Congress in 1894. said. I'VE mus
4
found that one ounce OF gold wouI
buy sixteen ounces ef silver: so the
said they would coin this metal 4
| of - q