The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1893-08-03

their hats wildly. and the ovation terml-
mated with three cheers for Governor
Waite" The Governor spoke sat great
length. He asserted that since 1873 no
Congress has convened but that o majority
In both houses were favor of restoring
the free coinage of silver. Congress never
has been able to enact such law be-
cause the President. whether Republican
or Democrat, has always been dominated
by Wall street, and stood ready to inter-
pose his veto. equal to swo-thlrds In both
houses of CONGRESS. The effect of tho gold
bug" conspiracy, which has denied the free
coinage to silver since 1873 has been TO ln-
crease the purchasing power of money, or
to pat the statement into another form, to
decrease the value of all commodities.
Abraham Lincoln said IL q debt Is created
with q certain amount of money In oiroula-
tion and then the government contracts
the money volume before the debt is paid
1t Is the most heinous orime which the gov
eminent can commit against the people.
And that" said Governor Waite. lis ex-
actIy what this government has been do
ing since 1879. Congressional leg
islation. and nothing else, has
reduced the price of silver bullion from
Sl.32 per ounce in 1878 to 20 cents In 1873.
and the legislation for which the two old
parties are equally responsible has re-
duced the price of wheat In the same time
from 81. Al per bushel to 53 cents. The same
legislation has reduced the price OF cotton
from 10 8 10 cents TO $40 cents In the same
ion com pared with the gold dollar b as been
increased from 10 to to 22la or "a to l. IL
has not only diminished the value of sill
Yer. bot also diminished in almost the
same proportion the value of wheat. corn.
pork, beef cotton and the wages of labor"
Governor Waite denied that in the broad
sense silver is a local question. and said be
could prove from Official statistics that the
loss to the agricultural States from the
scarcity of money, which Is In good part
"A l.xvx hav tnff froo IN,
each State in the great Mississippi valley
is from ten to twenty times the loss sus.
tanned by Colorado. The proposal by false
friends of silver and their allies In Wall
street TO accept the present price of bullion
silver as compared with gold as . new
money ratio would simply crystalline ell
the wrongs and injuries the money power
has inflicted upon tie people for the past
twenty years. This, as compromise, beats
the ono the devil proposed to Jesus Christ
on the mountain.
Dir. Waite said the International confer
ence for the purpose of settling our money
atfairs by the dictation of foreign money
powers was the most contemplate and God
f0rssken idea that ever entered the brain
of an American citizen. If we have be-
come under the rule of the two old parties,
only province of European monarchy.
he said, then We need another revolution
another appeal to arms and to the God OF
hosts. This evoked great applause.
In closing. the Governor said: who is
Grover Cleveland and who is BENJAMIN
Harrison and who are their supporters In
Wall street and Chicago, that they daro
assume to drive into poverty and exile half
O million of American free menf There is
no use crying peace W hen there is no peace.
The most dangerous tyranny is that en-
forced under the forms of law. Our weap-
Ons are arguments and ballots-a free bal
lot and q fair count. If the money DO wer
shall attempt to sustain it's usurpation of
our rights by strong hands. as In other
lands. we will meet that issue: that is. if it
is forced upon US. For it is better. intin-
Itely better, rather than that our liberties
should be destroyed by q tyranny that is
Expressing mankind all over the world,
that we should wade through seas of blood
yea. blood TO the horses brldles." Ire.
mendous applause.
CLEVELAND SCORED BY PIERCE.
Representative Pierce. of Tennessee. the
lieutenant of Chairman Bland in the last
Congress- was received with great enthusi-
asm, and proceeded to make Q speech,
which was the sensation of the day in its
arrsignment of President Cleveland. Il
am here as q Democrat said he. "De-
I>orracy bad no part nor parcel in the de-
monetization OF silver. Democracy does
not believe In it. lApplause. When the
man of the party casts u vote in favor OF q
political, measure which represents all the
party, the tail or the bodyi Since 1873.
when silver was dem0netiZed, how have
the Democratic representatives upon the
floor of Con gress voted upon this question
of the remonet tization of silverf say here.
without fear of contradiction. becanse /
speak from the record, that the Demo-
cratic representatives from the South and
West, constituting the overwhelming ma
jorlty Of the Democrats upon the floor of
Congress. have. every time that free silver
has been presented. cast their votes in the
interests OF the people. overwhelmingly for
the free and unlimited coinage of silver.
Applause. Is it not right that should
say that which is the TRUTH Tho truth
never hurts any body"
A Avoice-"What will Clevel doP lap
plause.
Cleveland does not represent tho Demo-
cratic party" quickly retorted the ex- Con.
gressmaD. and then the convention broke
loose. Men jumped to their feet and
cheered hilarlously while hundred volces
yelled: That is it. He represents Wall
street"
II say to-day. as q Democrat" resumed
Mr. Pierce, that Grover Cleveland. the
man from the East, who claims to-day to
represent the Democratic party. does not
represent 1t, but misrepresents it's position
upon this question. Applause. DO you
know why Cleveland was nominatedp a
voice. six hundred Thousand dollars"
Laughter. Our people throughout the
South thought Grover Cleveland was the
man TO protect them against the force bill.
We also believed that he was an honest
man. and would not attempt to go against
the interests of his party upon any ques-
tions. The leaders were mistaken. as
Grover Clcveland's action to-day shows"
lAppiause and Kisses.
Daring all this time the Populists, who
have never forgiven Mr.. Pierce for adher-
ing to the Democratic party last fall, were
reetless. and Interruptions were frequent.
A Georgia friend of fex-Representative Tom
Watson yelled. How does Crisp standf'
lApplause.
Charles F. Crisp" answered Mr.. Pierco.
"hes stood for twelve long years by the peo-
the free coinage OF silver. and L cannot be-
lIeve that he will play the Judas and be-
tray the men who made him Speaker and
the people whom he represents and who
sent him to Congress-" Applause. followed
by Kisses from the Populists.
How about Csrlislef" yelled q delegate.
''lf Carlisle favors the unconditional re-
peal of the Sherman act" replied Pierce.
''he has gone back on his record and on all
Congress for years" Cheers followed by
hissas.
After Mr.. Pierce had resumed his seat,
President Thurman. who had yesterday. in
mis- opening address. expressed the greatest
personal regard for President Cleveland,
criticized Mr.. Pierce for drifting into parti-
san discussion. Il am almost afraid "s8Id
he. Ito call on another speaker. for fear
some one will think 1t incumbent upon
him TO stand upon this platform and de-
fend the Prohibition party. Laughter.
We are not here as partisans in any way.
We are not here for the purpose OF attack
ing any party. No party needs any defense
here. | bope that we will have none here
after" Cheers. followed by misses.