The record-union., 1893-08-03

else has reduced the price Of silver bull
non from 81 81 per ounce in 1873 to 20
cents in 1893, and legislation for W hich
the two old parties equally are RESPONSE
ble has reduced the price of wheat in the
same time from 81 Al per bushel to SO
cents. The same legislation has reduced
the price Of cotton goods from 19 $40
cents to 7 $40 cents in the same time.
The ratio of the value of silver as bullion,
compared with the gold dollar, has been
increased from 10 to to 224 or "a TO l.
1t has not only diminished the value
of silver bullion, but also diminished
in almost the same proportion
the value of wheat, corn, pork, beet, cot
ton and wages of labor.
I'VE hear much about over-producLirn.
the law of supply and demand, ETC., but
with the single-standard gold meA of
Europe, who have the reins in their own
hands, there is not the same necessity to
lie about it and no such dishonest at
tempt to dodge the ISSUE"
Waite then quoted from a speech by
Balfour at Manchester, in which he is
quoted as saying: 1.-The gold monetary
standard in fifteen or sixteen years has
gone up no less than 80 to 50 per cent.
and as to its further rise in value no man
can set limit"
mot long ago Gladstone was told
by Mr.. Thompson, in the British
Parliament, that the gold standard
was crushing out the agricultural
and commercial industries of Eng
land, by compelling business upon a
falling market, the debtor class being re-
duced to industrial slavery and the taxes
OF India, while nominally of the same
force from India, to double the amount of
her products, which few years ago paid
tax, Gladstone unblushingly declared that
england as creditor nation could stand
any amount of appreciation in the value
OF credits, and added that the Govern
ments were not concerned about phi
lanthropy.
considering the condition of the
masses in England and India" Waite
said, this was the most brutal remark
since Cain, with the blood of his muir
dered brother crying from the ground.
lsolently asked the Almighty, Am L
my brothers keeper?'"
Waite denied that in the broad sense
silver IS a local question, and said it
could be proved from official statistics
that the loss to the agricultural States
from the scarcity of money in good
part occasioned by the refusal of free
coinage in each State, in the
great Mississippi Valley, is from ten
to twenty times the loss sustained by
Colorado. The proposal by false
friends of silver and their allies in
Wall street to adopt the present price
OF bullion silver. as compared witt gold,
as new money ratio, would simply
crystalline all the wrongs and injuries the
money power has inflicted upon the peo-
pie for the past twenty years. This, as
compromise, beats the one the devil pro-
posed to Jesus Christ on the mountain"
Waite said that the International Con
ference Tor the purpose of settling our
money affairs by dictation Of foreign
money power, was the most contemptibIe
and God-forsaken idea which had ever
entered the brain of an American citizen.
IF we have become under the rule of the
two old parties only a province Of
European monarchies, then we need
another revolution, another appeal to
arms and to the god of hosts" This
evoked great applause.
In closing the Governor said: "Who
is Grover Cleveland, and who is Benia-
min Harrison, and who are their sup
porters in Wall street and Chicago, that
they dare assume to drive into poverty
and exile half a million American free
men? There is no use crying peace when
there is no peace. The most dangerous
tyranny is that enforced under the forms
OF law. Our weapons are arguments and
the ballot-free ballot and a fair count. If
the money power shall attempt to sustain
its usurpation of our rights by strong
hand, as in other lands, we will meet that
issue, if it is forced upon us. For it is
better, infinitely better, rather than our
liberties should be destroyed by the
tyranny which is expressing humanity
all over the world. that we should wade
through seas of blood-yea, blood to the
horses bridles."
EX-Congressman Pierce of Tennessee.
who was BANDS lieutenant in the last
Congress, was greeted with great enthusi-
asm, and proceeded to arraign President
Cleveland in a vigorous manner. He be-
gan by asserting that the Democracy had
no hand in demonetization. Since 1873.
when it was demonetized by Democratic
representatives from the South and West.
constituting an overwhelming majority,
Democrats on the floor of Congress have
every time that free silver has been pre-
sented cast their votes in the interest of
the people Overwhelmingly for free sill
yer.
4 voice from the audience cried: "W hat
will Cleveland do?''
cleveland does not represent the
Democratic party' quickly retorted
Pierce, and then the convention broke
loose. Men jumped to their feet and
cheered, while hundred of voices yelled:
THAT is so, he represents Wall street"
II say, to-day, as a Democrat" resumed
Pierce, that Grover Cleveland, a man
from the East, who claims to-day to
represent the Democratic party. does not
represent, but misrepresents its position
on this question" Pierce added that
Cleveland was nominated because the
people throughout the South thought he
was the man to protect them against the
force bill. They also believed he was an
honest man. and would not attempt to go
against the interests or will of his party
upon any question. That the leaders
were mistaken Cleveland's actions to-day
shows. Applause and Kisses.
About this time Populist from Georgia
asked Pierce how Crisp stood. He re-
piled that Crisp has stood for twelve
years by the people on every vote to suD-
port free coinage, and he could not be-