St. Paul daily globe., 1893-08-28

debtor; but While the Work is TO
be done before the wagerS are paid
the lahorer is necessarily creditor.an
he is different from all other creditors.
| AS Mr.. Reed had put 1t in his speech
today. if he (Mr. CockraD wanted to
| loan $4,000, he would find plenty of
people applying for it. He would find
1 in the eXigencieS and stress of circum-
! stances that forced men to become bOr-
| rowerS his opportunity to put gold
| payment clause into it or any other
| provision for his own security: but if lie
| we're laborer, seeking a market for his
| toll, depending upon the credit of those
| who employed him, he could not choose
| his debtor. He could not hoard his cap
| ital for day except at the expense of
| his family and children. by endanger-
ing the roof that sheltered their beds
| and the clothes that protected them
| from
The Winters Blast.
For these men. the real creditors of
| the country, and against the interest of
this banking clause, gentlemen on the
other side affected to desplSe, he pro-
tested against this legislation, and
| pointed out the fact that instead of be-
| coming friend of the labOrer they had
| become his enemy and accomplished
| that which the employer did not dare
| to undertake. He denied it. If it had
| appreciated, as measured by corn, wheat
| or pork, it had not appreciated in value
| as measured by wages.
Oh sir! said Mr.. Cochran, remember
| the long tedious Calvary which labor
| has assembled in order to benefit its con-
| dition. Remember how every milestone
| along that dreary way is marked by the
| blood of bleeding feet; the tears OF
| hungry WOmen, and by the means of the
| children who were denied suStenance
| rom the breast of the mother. In long
| strikes and in suffering and woe. labor
| has lifted itself up in this land, until, by
| the figures of the Aldrich committee, il
is shown that it enjoys today the largest
| proportion of that which it produces,
the only class labor has enjoyed in the
| history of the world Continuing, Mr..
| Cochran said that he was in favor of
| free silver, but in its platform the
| Democratic party had refused to put
the word free" before the word "coin-
aie." Applause.
The promise of the Democratic party
was that it would use all the silver we
had, and now the Democrats asked to
| suspend the further coinage of silver,
the hope that in the future the country
would be able TO add to its silver cur
rency without disturbing the standard
of value. In this country there was a
redundancy of currency, and what was
the consequence? The more money you
issue the less you have. According TO
Mills, it was not the
Amount of Money
in the country that affected prices; it
was the amount of money in circulation.
You might-he eXclaimed-pump fifty
millions month or fifty millions week
into circulation and it would be ab-
sorbed as the burning sun of the desert
absOrbS bucket of water. The gentle
man from Missouri (Mr. Bland) spoke
of the return of gold to this country,
and l remind that gentleman of
the way in which the gold
is brought back. How are we
getting the gold back; how, friend of
the farmer? BY the export of wht at.
In the three months of 1892 we export
ed 2S,000,000 bushels and received S27,-
000,0O0 for it, In the same three months
of this year we exported 81, ,000, 600 bush
els and received So, 600, 600 for it. That
is to say, that 4,000,000 more bushels of
wheat brought back 50, ,500,000 less.
You cannot bring back gold by the
promIssOry notes forced into circulation
by the operation Of the Sherman act.
The only method by which II can be
brought back is by the sale of our
produce. Scarcity of money results
only from putting bogus money into
circulation. While men live they must
eat bread, and whoever sells the ma
terial from which bread is made can
force the stream of gold in his direc
ton. While we have the products OF
our soil we can always have our share
of the worlds gold.
The friends Of fhe farmer. the enemies
1 Of fhC arpCljtnr tbn friends nf tnn dphtnI
are going strapg way to accomplish
the purpose they have set before them
What they would do is .depreciate the
farmers produce, depreciare the debt;
due by the capitalist, ana enable him t.
repudiate part of the balance Whicl
he owes TO the great army of creditors
who compose the great mass of the
laborerS OF the country. 1t would striI
the
Wage Farmers
of 45 per cent of the progress Whcl
they nave achieved, and all this WoulC
be done in the name of the people BY
those who claim to be champions of tht
oppressed. Are we to be forced to the
conclusion that this country il
so vast, that its interests are ST
diversified and irrecOncilable, tina
legislation which is eSSentia
hostile to rural interests; that thing
which make for the protection of New
York must necessarily result in the op
preston OF Missouri and Nebraska.
do not believe that there has ever ye
come time in this country'S hiStor,
when any attempt to make SectlOna
feeling has resulted in the profit of any
body. hope that this attempt to re
Vive the prejudiceS based upon occupa
tions of each of the sections will b.
abandoned by gentlemen when the,
come TO recOllect the meaning of wha
they say, and that they will realize tina
: the fires of this Union were stamps
J out by marching armies in this cUuntr
ana the embers were quenched by th
blood of the martyrs and the tear
| of widows. Loud applause / priz
the citizenship of this country nc
because it embraces New Yor
alone, but because il embraces Nebras
ka and Missouri and every section i
each of the territories which is con
prised within this country. New YOr
mas no mission, except that she can &C
minister 10 your necessities and you
welfare. Prolonged applause an
cries of "vote.''] The excitement o
the floor was SO great that Speake
Crisp was compelled to call upon th
I officers of the house 10 pass through til
! aiSleS and lObbieS and request member
} to take their seats or to repair to th
E cloak room, in order that public busi
C ness might proceed. Mr.. Cochran wa
g followed to the cloak room, where til
1 Fluctuations of his hearers continued {
a be Showered upon him for some minute