People's party paper. [volume] (Atlanta, Ga.) 1891-1898, 1892-07-29
be paid with the bullion, if not, with

circulating medium at all. Get that
forever out of your head. Trade is
never carried on between nations by
means Of a circulating medium but
always by an exchange of commodi-
ties. Always. And it matters not
whether that commodity is pork, or
beef, or wheat or rye, or silk, or gold
or silver, it is commodities, and we
produce enough bullion IN our mines
here that if we need bullion to settle
the balances of trade we produce it
here. God, away back in the coun-
ellis of eternity locked up in the great
safe of the universe, and put his time
lock on it, gold and silver enough in
the mountains of America to furnish
the American people with the means
Of increasing the prosperity and civil
lization of this great thriving nation,
and when you come to make money
you want to make it for the Ameri-
can people, and you don't want to
make money to take wings and fly
away or silently fold its tents like the
Arab and be off to another country.
What is the constitution? Your
fathers, when they framed that Won
derful instrument, were inspired to
believe that this nation should be a
savior on which should be fought the
great battle of liberty and they I'M
derstood that Congress should have
the power to regulate the value of
money and keep it in the hands of
the people instead of being put into
the hands of spectators and money
changers and manipulators of Wall
street. Applause. The constitu-
ton says that Congress shall regulate
It's value 1t is regulated today by
the money, changers of Europe and
America, and this regulation is that
the value of the silver dollar shall be
taken away from the people of the
United States and put into the hands
Of the money changers of the world.
What we want in this country and
what | believe the conservative men
or all parties want in this country is
the 1923 grains that met with the APP
proval of George Washington, James
Madison, Monroe, the Adamses, An
drew Jackson and Abraham Lincoln.
For whose interests were they ask
ing it? We have not gold enough
to carry on the business Of this coun-
try, and there is no law regulating the
amount of the production of gold, is
there? 1t is mere matter of chance
whether the earth will continue to
produce gold enough to maintain
even its present inadequate attitude
toward the business of the world. It
is a mere matter OF chance. 1t no
longer needs productions, we don't
know whether it is in our mountains
or not, but the law governing the in
crease of the human family, of the
population, is the fixed law, and you
can calculate the increase of our pop
ulatiOn with almost absolute certain
ty. That is no matter of chance, but
the production of the, precious metals,
and gold in particular, is purely
matter of chance and yet currency
must be based upon gold, and if gold
is matter of chance then your bust
ness is a matter of chance, and your
success in business is a matter of
chance. Thus you want to subject
our mighty conflict in civilization to
the power of accident and chance,
and then wonder that there should
be anything like political discomfort
or upheaval in this great country of
ours. Let us then have the unlimit-
ed coinage of silver at its present
ratio. Well, but suppose it gives us
too much good gold and silver in this
country? If it gives us too much
money your Congresses still continue
to meet and your Congress can come
to your rescue if you get too much
money as well as if you hadn't had
enough. You would still be master
of the situation, and it is not within
the range of possibility, ladies and
gentlemen, that you will ever see the
day when either gold or silver, or the
two metals combined and coined up
into money will furnish you one half
of the circulating medium required
by the business of this country.
Compare with the wonderful business
transactions, compare the aggregate
business of the United States in their
domestic relations with each other
with the little bagatelle of your farm
property. 1t is trife compared with
it. What you want is sum of money
that will enable you to conduct your
affairs upon cash basis. There is
not a lady or gentleman listening to
me here today but breads in their
heart, to go forth and purchase the
necessities of life on credit. You
don't like to do it. Why? Because
your sense of business propriety tells
you it is wrong to mortgage the fu-