The Ohio Democrat. (Logan, O. [Ohio]) 1886-1906, 1893-07-29

deemed either in gold or silver, a
the discretion of the Treasurer.
III voted against it in Congress
because did not wish the Blan,
law repealed. Almost all the Dem
ocrats in both houses voted agains
1t. But because l voted against /
is no reason why 1 should nov
favor its repeal unless the Blanc
law or some other equally goot
silver measure is adopted in IT.
place. The Sherman law is not
very friendly law to silver, but /
is all that is left on the books fol
the coinage of silver. The cry o
the conspirators is to repeal the
Sherman law Internationally. II
this is done there will not be a law
left for the coinage of single sill
yer dollar. | grant that not one
has been coined for two years, bu,
the bill! authorizes the Treasurer to
coin silver. 1t may be welded by
friendly hands.
"ln hands unfriendiy to silver ii
is a dangerous weapon. To wipe
it out, however, means a single
gold standard permanently estab.
lished in this country. The pur-
pose is to accomplish the utter de
monetization of silver. 1t means
the doom of silver coinage.
81 regard the claims of those
who are crying out loudest against
the Sherman law as mere pre-
tences. The financial furry is the
result of design. The American
people are easily stampeded. This
manufactured scare was sent forth
on fell errand and it came upon
us like thief in the night with
feathers on it's feet. The Demo.
cratic party had won a great battle.
Our ship was nobly sailing toward
the harbor of tariff reform when
suddenly hurricane from Wall
street struck us amidships, and we
are now scurrying away from that
harbor. How did they do it,?
These Wall street conspirators
went to Washington, they got
promises that the Treasury notes
would be paid in gold. The gold
reserve was broken. This was
nothing in itself. What if they
should pull the gold reserve down
to $1O,O0O,0OO and keep it there? 1
for one wish they would. The
Government of the United States
does not have to lock up $1OO,OOO,-
600 in gold away from the hands
of the people to insure it's credit.
"But when the gold reserve was
touched, oh, what a cry went up!
The Secretary of the Treasury
called on the Western banks for
gold. They responded as best they
could. Then the New York and
London bankers would allow the
Western banks no more money. 1t
became necessary for them to call
upon the. country banks. Those
banks in turn called on the farm
ers, merchants and others to re-
leem their paper.
"To further the gigantic con-
'piracy, every ounce of gold was
advertised. The Associated Press
and many of our leading city papers
we're used. Free trade England
1as, by her wise commercial poll
'ies, become the mistress of the
seas, the leader of the world.
"Yet we play into her hands and
shut out the commerce of the world
rom our gates. See what dicta-
'or London has become. When
London takes snuff Wall street
'neezes and when Wall St. sneezes
10 does the West.
II said in public speech in
March 1892, that did not believe
n the West assisting in the nomi-
lation of any one for president
Who lived east of the Allegheny
I said that I favored
rec trade, free silver and west
rn man for President. I mean it
III.
II know Mr.. Cleveland is a splen-
lid man and great man. But 1
are nothing for men but for prin.
iples. The West and South will
lever prosper until they stand
houlder to shoulder for better
government, not to obtain special
privileges for a certain section but
0 obtain their just rights. We
annot deny the truth that great
dvantages have accrued to one