The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1892-05-11

shoemaker, served through the war Of tho
rebellion on tho northern aide. altar his
discharge went back 10 his trade, was AFTER
wards elected to congress from = N YORK
district and has been occurring for several
years, irst an q Knight Of Labor, ~ moro
recently in the intereRt OF the peoples
party. Hs il \ man Of good physiqno,. naa
the same time distinctly, II carries his
audience with him 10 succssafnlly that ne
holds their attention from the beginning 70
the end. He illustrates points ne dsair6s
to make by apt stories that everyone can
understand and il altogether = popular
talker.
He was introduced by II. NJ. Readls.
who aoted a. chairman, and ~
took for his text the platform Of the peo-
ple's party. discussing each plank sepa-
rAtely. and bringing out its strong points.
He advocated a%oyernmens control o. .n =,
postage had been reduced after Uncls Sam
took the postal business out Of the hands
Of private parties. Jay Gould. trusts,
bankers and the money power generally
came in for ! good share OF adverse crlti-
cism, and while he made his points in
telling way, and the audience showed their
appreciation by hearty n frsqaent ap-
plauss, he did not indulge in PERSONAL.
ties or consider the acts Of any individual
or corporation save from a public stand
point. He announced that the peoples
party only wanted to bring the government
back to the old constitutional Rronnd.
1t waa to hear. Mi. Beaumont discuss the
silver coinage question that a large proper
ton Of the audience attended the lecture.
and they were not disapp ointed. He read
form, and hrst touched upon tho different
kinds OF material ssed IS money In differ
ent ages. Coming down to this country. he
said al ono time sodfsh was . legal tender
in Massachusetts, and it wsat. There are
to-day" said the speaker, t klnds OF
present financial system there 10 . %tinanols!
panic every ten years. Az orc time gold
alone was the money of the country. Inc
bankers got hold of it and loaned IT At slx
per cent. They did not think that Vas
enough interest, so they got the Rovsrnnens
dollars for every one they had in gold, thus
Getting is per cent for their gold. Then
followed the panic of 1857. because when
the psople went to have their paper money
exchanged for gold, there was three
Of the first to one Of the latter, and
the gold would not go aronnd. N 90 ~ ~
government issued legal tenders to pay me
soldiers. These were good for al debts.
me banks did not like this. 80 when the
government wanted to issue some moro the
law was so fixed that III import duties must
Be paid in gold. Thsn when TIE govern,
mHnt MADE q loan buO 0AACA
that the interest must be paid in gold coin.
This made two kind. Ct ~nonsymone T tor
panic OF 1872 said the speaker. a aus
to the demonstration Of silver. Then .
iaw vas passed :, s ! ~. aGa The coinage .f
S4, 600, 900 IN silver dollars . month. Thu
Wall street men allowed this, but they
always saw that tho country had = mini
murn secretary Of the treasury. All the
SECRETARIES Of treasury came from Wall
street, and they all went these. The worst
VIII not only had the smallest sum allowed
by the Law coined, but who had the law 50
changed as to leave 1t to bis discretion
whether the government should com any
silver at ALL"
Referring to the failure OF the free coin
age bill in the house of Representatives.
few weeks 40. the speaker read from the
New York World an appeal to the people to
postpone action ON the silver bill until the
next session of congress-. The speaker SAID
both the republican and democratic parties
were enemies to the free coinage OF silver.