Ceredo advance. [volume] (Ceredo, W. Va.) 1885-1939, 1893-08-09

Ia an abyss Of industrial misery never
experienced In century as a result OF
their present condition Of prices. while
the silver standard countries were com
paraiively prosperous.
Gov. Waite. OF Colorado. was the next
oratorical star. His advent had been
impaieutly awaited. and when he APP
peared upon the platform the audience
fairly went wild. The venerable gov
ernor started out with the broad asser-
ton that majority Of every congress
since iess had been In favor OF restor-
ing the free coinage Of silver. but had
never been able 20 enact such law be-
cause the president whether republican
or democrat, has always been domino
ted by Wall street an stood ready TO
interpose~ his veto But the people
were 10 rise superior 20 their party and
override the power behind the throne
IL was a. true now as "a was I. 900 years
ago that we could not serve God and
mammon
The late national platforms Of both
the republican and democratic parfies ''
continued the speaker. "hnd planks i'm
favor 81 bi-mctallism. but both parties
now agree in the repeal Of the SHEER
man act which practically means the
single gold standard. by the patron
age OF the president and the usual cor
rupt methods Of Wall street. the money
power has probably already secured a
majority i'm both houses 81 congress.
This attack upon silver can only be
beaten back by determined aud un-
compromising opposition
IL was not until 42O that the COM
mittcc on resolutions marched up the
aisle in tow Of lgnatius Donnellv. The
audience was more thnn ready and the
Northwestern sage did the reading in
his wen known forcible style. This IA
what he read
Where's 0i-mctaiiisu Is as ancient NJ human
history, Tor ccrtain more than three thousand
years, gold aud silver came down through she
arcs, hand la hand. their relations 10 each other
having varied .Dut few points 10 an that vnst
period Of umc and Then almost invariably
through legislation. and
Whereas, Tho iwometals are named torrther
indissoluoiy united, ia tho constitution of tho
United states as abe money basis of this cnun.
trv placed thcro by George Washinrtou
Ihomns Jefferson. John Adams Alexander
Hamilton and subsequently indorscd and DO
Tended by Andrew jackson ami Abraham Lin
colin. and
Whereas, Silver one o. those ancient metals.
was In the year ls53. without any previous de.
mand by any political party and hy any part OF
the People. or even by any newspapers. and
without public discussion Whatever, stricken
down from the place IL had occupied since tho
days Of Abraham ana the Phnraohs under cir
cumstanccs OF such sccrcsy that Allen u Thur.
man james Beck james Stewart Daniel Noor-
hccs, James g. Blaine then spcnl,or OF tho
house james a Garfield, William ID Kelly
ana others present and voting for iac hin a.
senators or Representatives. suuseqt entity re-
pcatedly and publicly declared that they ala not
know uutl long Afterwards that so crave and
great change had been made In the financial
. Inv 80 ~ =
ana
Whereas. Tho debates IN congress show that
the parcntagc Of the measure was IA part
ascribed 10y the friends Of the bin. onc Ernest
Seyd. q London banker. who 10 q claimed was
scnt over ~ Washington by the rnouoycd cl.,s,sos
OF the Old wor a 70 secure iis passage bv ss,cret
and corrupt means ana
Whereas, President Grant who signed the
bill declared long subsequently that hc did NOS
know that 10 demonotzcd silver; and
whereas The purpose OF This attack upou ono
OF two ancient precious metals % The world wns
py striking down onc-hnif ih. money supply
to~Nit, silver 20 double thc p,irchasiUg,rl8,gsr
OF the remainder, gold BY making 10 tho cauiv.
alent Of everything posse. sea or produced by
she labor OF mans thus reducing the urIcc Of an
commodities; arrcsitng enterprises impovorish-
/ ing The ioilcr and degrading mankind mat
these results were not only Inevitable but fore.
seen. appears by tho following language used
90 that time. by the then president OF the bank
81 France who said; III by % sirok9of the pen
tary service they double the demand far fhe
other metal, 90 the ruin Of an debtors And
whereas, Tho awful consequences thus
rrophesied are upon the people OF fhe whole
world We stand 90 the midst Of unparalleled
distress. ana in the shadow Of lmpendlnr afars.
tiles, which are beyond estimate The ruling
industry ~ The people who inhhbit onc-third 81
he area 81 this republic has beon stricken
down, property values dor trOycd aud tn york.
men compelled o. as as from pestllencc Evory.
where over this broad land. tho honest toilors
numbering hundreds OF thousands have been
thrown out Of employment and will have 10 eat
the bitter bread ~ charity or starvc. 7he prod.
ucts % Industry, ~ the farm ana the workshop
7 have deprecated in price AL shown br ouicial
ana puniic statistics until production grasses 10
/ b. profitable. the fnonov az the country made.
Quate Tor the business OF the land. has rrarita.
ted o. the banks. while fhe people Dis frtrstinr
she banks have demanded their deposits 10
hoard or hide them. mercantile house. are go.
Ing 60 she wall by thousands because the
MASSES have not the means Tor even the neces.
stiles 81 lifo
Whereas. Hon James @ Blaine. quoting this
uttcrance. odds. "On the much vored ami long
mooted question of % bi-metalic or mono metal
nc standard my own vleas are flcicutiv indl.
ented iu the remarks haye made J. believe 10
struggle now going on in this countrv ana ir
other countries for single gold standard would
p succession, produce widespread disaster la
I and ihroughout ihe commercial world The DE-.
struction ~ silver. as money and cstahi.ehinr
gold as the solo unlt OF value must have d ruin
Gus enoct on OH forms 81 PROPERTY. except those
Investments hIrh yield nxcf returns ln money
These wolid he enormously enhanced fn value
and would gain % disproporiiouato and unfair
advnniaTt over every other species 90 PROPERTY
if. as the most reliable statistics nHru thrrt
are ncariy IOl0teo.D50 OF c1in OF bullion in Use
world nearly very equally divided between
gold and silver 81 81 impossible 10 strike silver
out % existence as money without results
which wil prove distressing 60 millions 4ud I'D.
terry disastrous TO tens % thousands
Wherens Senator John sherman. ~ ohio
" b. moro than any other man g. rcaronsfhia for
tho aemonetizatiou ~ silver clearly understood
enc cvii consequence ~ such currency below
legitimate demand q she business of the colrn
tfy na evidenced by li1 REMARKS ln fhn senate fn
1892 to-wit; 'Tho contraction Of the rurrrr-e
~ flr more distressing operation than soma.
tors supposed Our own ana other nations had
zone tnrouFh That before Itt4 rar 6frtftfe 3D.
take that VoyaEa without she soFust distress
io every person. except % capitalist or o. 600.
cried rmccr. or annlliaut 3d. ls "a period Of i1ss
oiaf laaitllr of trade. fal 1f warcs aua-
ps Nsip4 To a.t prise tslfrrufrr nrf 81 fsaafrr.
TO nlcuua tne ruin 0f all dealers whose lehis are
iWicc tnoir business curiaI fbouTh ono third
lesa tinn theIr acfual property ID mrans tha
ftI NJ I'D agricultural production affI.arf any
trnat oeIur iIuH nf faFns Would mnn Care fr
nIla house. railroad. fartory or % barn
~iIh ihis oortliH faft before hlm
Therefore in v.eu ~ ODD Iheso ncfs We da.
clare.
FIrft-Ihat thars most Le ro caraurra.fee nj
inla HHe|iIlu hN legislation ln demon. ffy. rr