St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-08-02
THE YOUNG ROMAN.
Like Old Hickory jackson lie
swears that the Peoples Rights
Must Be Protected.

Like Old Hickory jackson lie
swears that the Peoples Rights
Must Be Protected.
Allen w. Thurman said:
l am against an Irredeemable cur
rency in every way; but, however. if it
is to be decreed that we must have fat
money; if our circulating medium is 10
be based upon faitn alone, then | am in
favor Of this being issued by the gov
ernment and not by individuals; be-
cause l have more faith iii all OF the
people than l have III any particular
class OF people. But there Is no need OF
fiat money, for. while it Is true that
there Is enough real money, gold aud
silver, upon which our currency
can safely rest. and il the
people of this country are
only true to the principles OF hard
money which were taught them by
their fathers. those VINO seek to now
issue tiat money viii be doomed to dis
appointment, for when the people Of
this country come TO fully realize the
full import of this demand TO destroy
silver they will in no uncertain sound
let these people know that they are Tor
hard money against paper money still
This is not the first time Jhat the people
OF the United States nave had to night
upon this issue. Old jackson did it for
them once before. and taking above all
other things the ultimate welfare Of the
whole American people as his guide, he
never for an Instant waVeTed. but
standing like a rock. he swOre by the
Eternal. the peoples rights shall be
protected" and ne won.
The Same Threats
were made by the paper money advo-
Gates then as are made now. The
United States bank and all its branches,
by pursuing almost identicailY the same
course as their followers of to-
day have done. so frightened the
business community and so paTalyZed
all industry that although they may not
have intended it. yet panic did ensue
and such depression followed that they
thought surely old jackson must give
Wav, but. as l said. Old hickory never
for a single moment waVered. On the
contrary he appealed again 10 the peO-
pie of this country, pointing out to
where all this would lead. and then bade
the bank 10 do its worst; and he did
not appeal in vain. for when the people
of this country awaken to the TACT
that there is being made
systematic attempt to force them to pay
the obligations of this government in
gold alone, when they have always had
the right TO pay them in gold or silver,
and that this is to be taken away from
them. that the contract they have with
their creditors is to be violated. l, for
one. nave not the slightest doubt
where they will stand. Not only must
this convention make this attempted
violation of this contract plain to the
people. but at the same time 1t must de-
mand of the servants of the people that
they administer the laws according to
! the terms of that contract. This con-
tract was made. signed, sealed and de-
livered years ago, and, although men
| have done so in the past.
No Man VIII Dare
( in the future to stand before the Amer
/ lean people and advocate that they be
/ deprived Of their rights under it. As 1
! said. l deny that gold alone affords
| sufficient basis upon which the circulat-
! ing medium anu credits of this country
I should rest, and charge that those who
/ now demand that silver shall be de-
! strOyed are not true hard money men.
! but paper money men. They know full
! well that the people Of this country Will
/ have in some form or another a suIfi-
! cient circulating medium, and they pro.
/ pose to furnish it IN the shape ola prom
/ ise to pay, issued by themselves, which
! they say will try to make the people
! believe will be paid upon demand in
/ gold. That the present state of
/ Continued ON Third Page.