Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-10-01

called the attention OF Tie people OF wv
GINA TO the fact that their hnainess aud
their property wcrc going up u hal
loon. lie appealed 10 thcm TO begin tho
work Of retnr:iing TO the metallic basis
before the balloon collapsed and came
down with crash. He told them that
yard of broadeloth was then worth
SIS, and before the metallic stand
S had Il. sSss c sapi'n sold fS 81
Is shillings. While the balloon was up
lands sold for Slo0 per acre that were
worth $40 OF $50. After the collapse
came 1t sold for years rent.
And this is the standard We are invited
to adopt again In lieu of the present
stable and almost inmoyable STANDARD
we have had since 1854, except during
the war period, Many of our farmers
are demanding this change OF standard.
Those who are demanding the change
get their ideas from the Farmers Alli-
ance, and the peripatetic philosophers
which that secret political organiaa-
tion is sending over the country TO en-
Tighten the people ON political economy,
Some of them have never read The first
pages OF Peter Farley, and, MS Mr.. JEFF
fersOn says, know us little 'as though
nothing had ever been written On 20.
litical economy
What our farmers need Is not the
punishment Of our standard by the free
will Danish 1t, but free markets for the
sale of their products They want their
government to secure TO them the nat
ural right which God gave to them 10
sell the products Of their labor where
they can sell them for the highest price
aud buy the produces of others where
they can buy them at the lowest price.
Adding the volume OF money IN the
country without adding to the actual
circulation will not benefit them. There
may be 5000, 100000 of money Ia the
country and the per capita lnay be $40,
and yet IL may all be owned by 1000
persons, Ii will not be in circulation
and the country will not be benefited.
In 1850 the per capita circulation was
Sll.f2, in 1850 ii WAS Sl5.4i, Between
1850 and 1860 it never rose above
SlS.33. The country was full of money
taken from the gold mines OF California.
1t went directly into all the ycins and
arteries of business circulation and there
was the greatest prosperity ever known
In this country. Farms, farm products
aud farm animals were continually rising
in value, and the national wealth in
creased l2U per cent IN ten years. And
today, with a per capita of SD, our
people are complaining there Is not
enough money coined and issued. They
want 10 return TO 1913. aud we have got
more than twice as much money In the
country now as we had then.
But Mr.. President, want TO know
If the mints are open and the silver
miners bring their bullion to the nints
and have it coined und given back 10
them how the. people of Texaa are 10
get any of III They are a people Of
whom | am very fond, They have been
very kind to me for lifetime. 1 have
been living with them ever since / was
boy. | have fought and bed and
almost died with them, and ! want 10
know where they come inf Wien some
one from Colorado or Nevada hrincs
lOO,OO0,O0O of silver bullion aud has 1t
coined he may be benefited and II the
gold standard is retained he will have
81 cents worth of silver made worth
100 cents. And this for Colorado and
Nevada is q good thing, but | want 70
know where Texas comes int
Five hundred millions of silver has
been coined since we began in 1870. ami
Texas is yet complaining that she is MT
benefited. One hundred and fifty million
of notes have been issued ia payment Of
silver purchased since $500. aud | haze
never yet seen one, and Texas complaints
that the good things have not yet come
around her. MIR. President, Texas will
he benefited When Democratic senate
and house pass a bill that will give
u free way TO free markets for her
farm products. When the products Of
others are permitted 10 come aud ok
change for hcs. that will Increase the
price of what her people sell aud decrease
the price of what they buy, ana that
will put money In their pockets II cot
ton Is worth 5 cents today and the In
creased demand raises IL {. cents, | can
see how that will put money In their
pockets. Two cents per pound on four
and half billion pounds would put 500
OOO,OOO in the pockets Of the cotton.
growers.
The silyer-owner will be benefited by
increasing the price of silver the farmer
Will be benefited by increasing the price
Of cotton, wheat, corn and other farm
products. He can not get dollar with
out working for IL, and he can get
dollar now by working for it, whether
the mints are open TO silver or not. !
want to remove the distinctions that
legislation has placed in he way TO his
market and thus enhance the price Of
his products j would not lelislate for
HIM or for anyone TO give an Increased
price in violation Of natural right but
will legislatc 80 as to restore to him
the enjoyment of that natural right
Mr.. President 1 am going TO vote to
repeal the Sherman law, and / will vote
against every amendment which the In
genuity of the hufn9n mind can conceive.
No amendment can be offered or adopted
that does not impeach the good faith
of the president, aud that ! do not intend
discharge the duty ! owe 70 the people
of Texas and 10 the whole country. |
hive not changed my opinion about sil,
yer coinage. am for free and unlimited
coinage as strongly as | ever wac: but
TO do 1t now without the cooperation
Of a number Of tho strong powers Of
Europe, means, in my judgment. the
Punishment Of our standard Of values
and the introduction of all the evils Of
a deprecated standard and ilnctnatipg
currency; and while | will not aid III
bringing that calamity on the country,
] shall continue 20 do all In my power
TO secure the corporation required 20 os-
tablish bimetallisn throughout the East
| stand by biuetnllism, ! stand by the
president in his opposition to the SHEER
man law, and will stand with those who
are working TO secure It's repeal. When
| see 80 many Of my trends around me
differing from me and declining 70 follow
the lead OF the brave man who leads
on the column Of repeal, ! feel like John
Adams felt when the Declaration Of
Independence WIS proposed md many
Of the great men aud patriotic men hest
tated. as they stood Ia the hriin Of the
waters Of separation.
Webster puts in his mouth speech
that has gone sounding down the cor
ridors OF time-a speech whose courage.
ons and patriotic words have warmed
all our bosoms and In our boyhood spoken
from oil our mouths; a speech that kin