People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-09-09

the government instead or raising 1t
on the hats, on the clothing, the
household and kitchen furniture, and
other necessaries of the people, it is
not the fundamental evil from which
we suffer. Now let me illustrate.
AN ILLUSTRATION THAT ILLUSTRATES.
Take this country, and suppose that
it is an island, ike Cumberland island;
suppose that there were one hundred
and one persons living on that island
suppose that there were in circulation
one hundred thousand dollars sup
pose that fifty thousand dollars OF
that was in gold, and that one man
had it; suppose that the other fifty
thousand dollars was in paper, and
the other hundred people had it.
Mr.. Watson turned to the chair
man and said: cannot proceed with
such confusion. There are men over
there indicating who are evidently
determined to keep the people from
hearing me.
The Chairman. Gentlemen, Mr..
Watson cannot proceed unless there
is more order in the audience.
Cries of Order, order.
Mr.. Watson. If you but keep Or
der, | can be heard by every man in
this assembly.
| just said, suppose that those hun
dred men had the paper money; sup
pose that they raised cotton, or wheat,
or corn, to the extent of 100000;
then what? Would not that paper
money and gold buy it all, exchang-
ing the products for the paper and
the gold?
Cries of "Of course it would"
Now, fellow-citizens, if that is a
logical illustration, what then? Sup
pose that these one hundred
people, instead of producing one
hundred thousand dollars worth of
produce, they made one hundred and
fifty thousand dollars worth, then
who would get that $4,000 worth ?
Why, the men that had the 100000.
That is, they would get the extra $780,
900 worth of produce by the simple
power of money. That is the effect
Of contraction. Can you all see that
Cries of: eyes, yes,'' and a voice
on the outskirts: Where are you at
Mr.. Watson. The democrats know
when they are going to get hurt in
these discussions, and get as far off
as possible.
A voice on the stand: "Here's one
that's close enough; hurrah for Gro
yer Cleveland" This was followed
by cheering on both sides.
Mr.. Watson. If there is anything
that makes a democrat squeal in this
campaign, it is the financial question.
Let me come back to that illustra-
ton, which is so plain that anybody
can see it-anybody can understand
it-that is what I want, and that is
what these democrats do not want.
Suppose that those men on tina tim
aglnary island made 100000 worth
of goods, and there is no more money
to buy the goods, won't that same
100000 buy the 100000 worth OF
goods?
Cries of: "Yes, yes" and derisive
rejoinders from the democrats.
Mr.. Watson. Then what? 1t
takes just as much money for you to
get your necessaries and pay your
taxes, while the man that has the
money would swlndle you out of one
out of every two bales Of cotton you
raise +; one out Of every two bushels
of corn, or wheat, or anything else.
That is not all. (Angry cries from
the democrats, and angry expostula-
tions from the peopleD I know it
hurts you, boys, but you have got to
stand it. Applause from his friends,
who seem to be more than holding
their OWN have only seven min
utes remaining; let me conclude.
A voice: Where are you at?"
One of Mr.. Watson's friends on the
stand: "Don't notice the fool, Mr..
Watson; he's only trying to irritate
you"
Mr.. Watson. Suppose, now, that
the man that had the $4,000 worth
Of gold, by some hocus- pocus in the
creating Of the law, gets that $780,
600 worth of paper burned up-gets
it destroyed-and those people con-
tinue to make 100000 worth of corn
and cotton and wheat, what then
VIII not that man with the $4,000
in gold get every bit of the 100000
worth of produce?
Cries of "Stick it to 'em! you've
got 'em on the run! Good bye Jim,' >
and "Good bye Tom
Mr.. Watson. That is our financial
system of to-day; that is what they
have done; they take two bales OF
cotton where they only took one.
Cries Of "That's ight; hit 'em,
and hit 'em to hurt. We see IT'D
Mr.. Watson. They take two bush
els of corn where they only took one
they take two bushels of wheat where
they only took one; they give you
one days wages for every two days
work to buy the necessaries of life,
and when you get it it will not buy