The advocate and Topeka tribune., 1893-10-11
they would buy corn OF wheat.

AAO JO0 eSDAA5 w oAERAJ eAN A~SSSINhAy fR0A4
to meet balances with foreign nationsg'
etc. would do 1t just the same as would
do in relation to wheat and cotton and
Corn--I would let the hoarders 90 and buy
1t when they want 1t. That Is what they
do today.
The other day an old friend Of mine came
20 me and said: II have learned something,
have learned that there Is no such thing
a. money Of the world. have Just sent
my boy away on trip to Europe. he ia
going to ride among those people there on
his bicycle and take little exercise
found, in order to procure money with
which the boy could travel, / had to pay
discount. Ihad to run around from place
70 place, and finally succeeded in obtain
ing what he could use when he got to q for
eign country"
From the time when money was invented
we have had money changers and bankers
who have made it business to supply the
citizens Of one nation with currency which
win pass among the citizens Of another ma
tlon. That is one of the legitimate func-
lions of banking. Let these speculators
procure their gold just the same as pro-
cure my -four or as my friend from Oregon
fMr, MITCHELL procures his lumber. We
20 into the -four market and into the lum-
Der market and pay for it in the money Of
the country. If l am dealing with Citi.I
zen Of Great Britain, can easily procure
che money which passes in Great Britain
when get there.
Just one word, Mr.. President, about BIZ,
metallism. It Is very indefinite term. (
may be bimetallist and yet believe In u.s.,
ing silver for only the minor coins. may
be a bimetallist and be willing that silver
shall be a legal tender to the extent of only
G. Upon the same principle / will be A'
trimetallist, because we use nickel as money
gold, silver and nickel. BY thesame phil
losophY might be quadrometallist. be-
cause we use gold, silver, nickel and cop
per--four different metals. But the tesb oe
q bimetallist, from my standpoint, is, DO
you believe in the free and unlimited coin
age Of silver at the old ratio Of l6 to 1P
In this bill there is platform utterance
at the end Of the statutory provision which
declares that it is the policy of this country
TO maintain a parity between the metals.
That same platform utterance was enun-
ciated In the Sherman law that ws propose
to maintain q parity between the metals.
Mr.. President, we do not do anything Of
the kind. When we enacted the coinage
law Of 1873, we dropped the silver dollar ut
terly out Of the list OF coins. In 1878, when
an attempt was made to restore the old
law, we were put of with q compromise Of
q, 100000 month--not to exceed "a, ,000, 900
q month-and the treasury department,
with the advice, consent and direction Of
che chief executive under both parties, gave
as one-half the law and kept the other half
away from u.s. Now, gentlemen may say
what they please, this is an attempt to
drive away from the people every vestige OF
legislation In favor Of silver.
"Ah, but" you say, I'VE intend to keep
the silver coin that we have at parity" /
do not know whether you do or not. only
know what you have done, and IL you sue
ceed in carrying through this legislation
your next step will be utterly to demon
etize silver But IL be mistaken about
that, If we can maintain parity at one ra-
ito we can do it at another
Our farmers are to trade In Europe, where
we levy taxes upon their products, while
our manufacturers are permitted or asked
to trade in the South American states,
where the people raise their own wheat,
and their own corn, and their own cattle,
and their own sheep, and their own wool.
If we need tea or coffee that we cannot pro-
duce in our own country, both are grown
extensively in Brazil II there are spices
that we need, we can get them in the
islands of the sea. II there is anything
that we need that our people do not pro-
duce, we can find it somewhere without
landing ship upon British or German or
French soil.
All Of the countries to which have re-
ferred are silver using countries They