People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-10-07

without providing for the revenue to
support the government. Instead of
spending money, as we are spending
now, we would have spent less and
have enough. Just like a man with
two hundred dollars. He will spend
it all, but If he has only one hundred
dollars he will get along on it all the
same.
He says that he favors an income
tax. Let me tell you what the Dem
ocratic House did. They instructed
the Committee on Ways and Means
to draw up bill on that very sub
ject, and that committee has it par
TALLY drawn up now.
Mr.. Watson. Why, drew bill
myself, and:what did they do with it ?
Mr.. Livingston. Mr.. Watson said
that he drew up bill himself. So
did I.
A voice. Why did they not put
it in their platforms.
Mr.. Livingston. Why were you
not there to supperintend it. You
had better go there next time.
(Laughter)
Mr.. Watson says that this Congress
has spent more money than the Reed
billion dollar Congress. Mr.. Watson
speaks the truth, and yet it is not
truth. 1t is not all the truth. I will
ask Mr.. Watson to explain that there
was S79,00O,000 of that forced on us
by the last Congress.
Mr.. Watson. How much did we
force on the next Congress.
A voice. That hurts.
Mr.. Livingston. You third party
fools are worse than stuffed circus.
You fool, if you cannot be quiet,
stick your hat in your mouth, or |
will 60 down there and do it for you.
| daughter and jeering)
The pension law OF 1890. The
Fifty first Congress, passed by Re-
publican House and a Republican
Senate and signed by a Republican
President, bills raising the pensions
from $130,000,000 to $162,000,O00.
If you subtract 1870 from 1862 you
will find difference of 32,OO0,0000,
taking that from the last House and
putting it on the next.
Mr.. Watson says that we have
bills running into the next House
also. Wait until the reports are pre-
pared and you see the figures and
then you will know whether he is
right or not.
Mr.. Watson has said good deal
about the Democratic platform, but
not one word about the Omaha plat
form. Now, | want to say to you
Alliancemen and Democrats that we
have a silver plank in our platform
that you or nobody else can hope to
equal. Now, listen. (Reads):
We denounce the Republican legisla-
ton, known as the Sherman Act of 1890,
as a cowardly makeshift, fraught with
possibilities of danger in the future which
should make all Of its supporters, as we'll
as it's author, anxious for its speedy re-
peal We hold to the use of both gold
and silver as the standard money of the
country
Both. That is the doctrine. We
want two standards of measures.
Without discriminating against either
metal OF charge for mintage.
Now, listen:
But the dollar unit of coinage of both
metals must be of intrinsic and ex-
changeabe value, or be adjusted through
international agreement, or by such safe
guards Of legislation as shall insure the
maintenance of the parity Of the two
metals.
For what reason? For what rea-
son?
And we demand that all paper cur
rency shall be kept at par with and re-
deemable in such coin.
What does this plank say? 1t
says that you should have gold and
silver and paper, and all these kept
on parity. Why? To help the
farmers in the prices Of the products
of the farm. Laughter) There
never was q better silver plank put
into any platform. My opinion is
that that is a legitimate construction
to put upon 1t.
Mr.. Watson. Why do you not
read all Of it?
Mr.. Livingston. / will.
We insist upon this policy as especially
necessary for the protection OF the far
mers and laboring classes, the first and
most defenceless victims of a fluctuating
and unstable currency.
Mr.. Watson. That means paper
redeemable in coin on demand?
Mr.. Livingston. l read it. I will
read it again.
We demand that all paper currency
shall be kept at par with and redeemable
in such coin.
That is Democratic doctrine. They
propose to give you gold as good as
paper and paper as good as gold, and
bind Congress to keep them so, and
that the farmers and laboring classes
shall be protected.
Mr.. Watson. At what ratio?
Mr.. Livingston. It makes no diff
ference. I don't know about the
ratio. Congress has not settled that.
loud laughter) Let US see this
platform that Mr.. Watson is SO in
love with. What is in it?