Delaware gazette and state journal. (Wilmington, Del.) 1883-1902, 1892-11-10


struction of its plain words, that there
shall not be one dollar passed BY the will
and the authority and consent of that
party, or by him as President, that is not
the equal of any other dollar and that the
best. Applause.
Why, my friends. read the other day,
within three days, the opinion OF 40 of the
most experienced uni the most responsi-
bic and the best instructed men, who are
presidents of banks III the state Of New
York, and therein they resolve publicly to
support the Democratic party and Grover
Cleveland expressly upon the basis of this
financial plank. Applause.l
Gentlemen know something of these
men and where they would be found.
have stood heretofore rs your representa-
tive in one OF the houses of Congress when
the scheme of greenback currency to be
issued by the government, or the scheme
of It deprecated and very inflated currency
was pressed or when metal declining in
value and which vas sought in vain to be
sustained by statute was threatening to re-
place the great standard and measure OF
the worlds values-when | stood there,
anxious indeed but more and more firmly
resolved to do my uuty-whcn what was
known as the Bland bill was passed in the
Senate-how there Catnc down to that
committee room on finance gray-haired
men charged with the heaviest burdens of
which hundreds and hundreds of millions
OF dollars of the tOilng and thrifty poor
the most deserving class of our country
men-were deposited, and here were these
honest. thoughtful, gray-haired guardians
of these poor peoples interests coming
down there to see what they could do to
avert the threatened danger and the
depreciation in value of every dollar laid
up in their charge.
My friends, it is grand thing and an
ennQbling thing to be trusted and to feel
that people respect you and trust you but
there is terrible compensating weight on
| the man who takes upon himself the re-
| sponSibility Of other peoples moneys and
cares. recognized it; my own life had
not been passed without something of
| that kind coming to me; and when | saw
| these eloquent, thoughtful venerable yiSi-
tors gathered there to plead for the pro.
| lection OF the women and of the children
| of the poor men who had brought their
moneys and placed them in their hands,
felt there scarcely could be cause in
which my heart and conscience and what
was given to me of brain could be better
| engaged than in assisting them to protect
the honest labor of the country. These
| are the men who having examined this
question, tell you it is rot and nonsense to
talk about wildcat currency being restored
| under Democratic, or any other rule
These deeply interested and well-inforined
guardians of the interests of these masses
of our people tell you that they propose
and that they can arrange currency sys-
TEN well secured, so that every paper
dollar, whether issued by state or national
banks, shall bring gold dollar OH presen-
tation at the place of payment.
cannot help some little feeling of inn
patience, Of Indignation, when hear the
expressions of the Republican party as it
is at present led and managed-and how
different from its former leadership and
management-as at present managed,
headed by Harrison and led by sherman
that these men are to pose as the friends
and guardians of sound currency and the
public credit Why, ! remember de-
nouncing the idea when George Boutwell,,
Secretary of the Treasury under General
Grant, sold out of the treasury $500, 100000
of gold-sold it at u premium to buy bonds
at the highest market price that John
Sherman and he could force them to using
the peoples money in paying a debt not
due, in paying bonds due in the future
and which the holders did not wish antici.
pated
We could have had specie payment
honestly long before we did. We could
have had this and had current of gold
poured into the treasury day, by day for
the last % years. That wond have secured
the great object for which these duties
We're pledged, to wit, the payment on the
national debt. 1t would have given us an
ample fund To meet and redeem every de
mand upon the United States in gold with.
out calling upon the people for one far.
thing TO do it, There is no time tonight
to 20 through this question; others are
pressing upon us of mere immediate i'm
portance; | refer to this question to de
nounce the proposition that there is any
danger to any man in anything which ha:
been said or proposed by the Democrat,
party in its councils or by the brave anC
pure and honest man who, i'll Gods
blessing will be the President of the
United States. Applause
sHERMAN's COINAGE BILL.
five are in danger of passing upon silve
basis, If we are in danger of having G1-cen
dollar paid the laboring or saving man in
stead of the lO1 cents he placed in bank
whom shall we thank for it2 Shall we no
thank John sherman. who concocted III,
bill and President Harrison, who signed it
and the people that declared that it was al
only and yet Il safe step towards the fre
coinage Of silver? The coinage bill of ls3
was passed and that stands to-day, my
friends, Il shadow over this land; it dues
threaten the business of this country; it il
something that you and | and our represent
utives in Congress know that i'll the nea
future they must be prepared to neet--tc
meet cries Of distress, of Ignorance and oi
folly-tp meet that proposition of dis
honesty that we shall get rid OF Just debts
by paying less than their vaue-we must
as honest men and as men guided by in
stincts of self-preservatioh, us well as o
honor, brace ourselves to meet in the nea
future that great money question, and tht
will bc-whether you can create values bl
statute and grow rich by passing laws o.
, taxation.
We have taken, my friends. a long bu
not safe step, and the country to-day i
, under the shadow of Mr.. Sherman's bill o
1899 that compelS the people of the Unite(
, State5to buy and pay Tor ut its establishe,
market rate every ounce OF silver dug il
this country, and what do they do with il
Pile it up-and there it is, growing like
mountain and casting the shadow OF /;
mountain over the future Of the land.
Did any man ever hear of another hav
ing bought upon Il falling market who eY
pected to continue doing it with the untlci
patton that he should be saved from tn
, effect of his folly? He would quickl,
repel the imputation upon his SCUM
{ Judgment and deny that lie had ever pos
sessed it.
have adhered to this question merel
, because il has thrust itself in the canvass
) | shall say no more at present about il
, only telling you that it is a profound que,
! ton and that yJu and and all of MS mus
squarely insist upon II basis of true value
THE TAXATION OF THE TARIFF.
) There is another question, the question
e of taxation as administered under til
: practice of the Republican party. In 1s6
5 it became necessary to raise unusual sum
} for the maintenance of the government
a Straightway millions were raised, almos
: in moment. The people believed i
q granting any relief that was asked. w
9 went through the war, and successfully
: The war ended p years ago, but the take