The farmers' union. (Memphis, Mo.) 1891-1895, 1893-07-06
can talk plainly here tO-gniht. for

don't know any uf you.
We ought to have more money said
the old man. I'VE are going tC have
more money, the Peoples party are
coming in power" lApplause.
What do We say about it: We are in
favor of something near fifty dollar 5 per
capita. That is in our platform.
Now | suppose there is not 4 person
in this house tonight who xp4d sfee3.
in the least in jured. or who would feel
that the community had been injured
if. when he or she wakes up tomorrow
morning. there should be found fifty
dollars in the stocking of each member
Of the family. If there is any such
person in this audience hold up your
right hand. I.aughter.) Would you
not be benefited: / think you wonld-
| think so. We are going to have more
money. But you do not believe in the
unlimited coinage of silver: 1t is in
our platform If you do that, Europe
will dump all the silver right over
here" please be quiet a moment"
said Smith. Il am praying man. Oh,
Lord let them begin to dump now"
lApplause.) What would they dump
it on us for: to give to Us: oh. |
reckon not, they would dump it to take
our produce. That would not hurt you.
"Oh, but they would take al our gold
away" Well. have you got any sur
plus gold about your pants: The
more than silver" Yes. why do
they exchange it for silver if silver is
worth less:" Now suppose they took it
all and left us nothing but silver in the
place of it, now hold your breath, who
is hurt: Is not silver good enough:
1t was good enough for Andrew Jackson
and George Washington, and from
their day down to Abraham Lincoln,
and 1T has been good enough all the
way down through the rise and fall of
empires. and it is good enough for any
| body 1t is better than gold and will
serve us better because it will circulate
| more readily. But there is not a dol
lars worth of silver i'll the dollar" oh.
that is what is troubling you. Are you
dealing in bullion? No. What are
you dealing in? am selling my work
rs blacksmith. | am selling my pro-
duce rs a farmer. All right. YOU will
have no trouble. There are two half
dollars. they weigh three hundred and
| siXty-tive grains. nine-tcnths fine.
Can't you get II dollars worth of yrOcc
ries fOr these two half dollars: Yes.
Can't you get a dollars worth of credit
| in the bank: Yes. Here is u dollar
weighing four hundred and twelve and
a half grains. Can you get any more
| for that dollar than for the two half
dollars? OF course not. Can you get
any more credit for it at tn. bank:
| No. Then what do You care for the
difference in weight between three
hundred and sixty-tive grains and four
| hundred and twelve and half: Well.
here is a trade dollar, it has four hun
| dred and twenty grains in it. and that
is only worth siXtyHvc cents. Now,
said Smith. If three hundred and
sixty-tive grains. nine-tenths fine, l.
worth Il dollar in payment OF taxes and
in the purchasing of groceries and
paving debts. and another dollar four
| hundred and twelve and half grains
is worth the same and no more. and
| this dollar with four hundred and
twenty grains is worth sixty-iive cents.
can YOU tell me how many grains YOU
would have to put in a dollar to make
it worth nothing:" daughter and
applause.) Ny brothers. the idea
about the number of grains in the dol
lar has been put in your head by Wal
street. But what does the constitution
say? The constitution says. Congress
shall have the power 10 coin money
and regulate the value of it, Now
| Wall street regulates the value. and
| Lombard street. and Threadneedle
tuition. shall have power TO regulate
its value, and they have said that fGnl
hundred and twelve and d half grain.
and three hundred and sixty-tive grains
nine -tenths fine shall each be dollar
and that settles it. no matter wha,
Wall street says. The dollar is not N
the metal but in the law. # this were
not SO the trade dollar would be worth
more than either of the other silver
dollars. iApplause.)
| want to read TO You from l2th Wal
lace. the legal tender decision. Here
| it is. my brothers. and it is the best
Peoples party doctrine ever enunciat'
ed. They say. 1T is hardly correct &c
speak of a standard of value. The con.
stitution does not speak of it. 1t con
templates a standard for that which
has pravity or extansion: but value Is
| az, i1,al :bjrtr 'Th,, roina,r,n act va.