Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-05-12


had the honesty to say so, that the
convention which framed and promul-
| gated that platform refused TO declare
for the free coinage OF silver upon an
express motion Of Mr.. Patterson OF
Colorado. who. unlike Judge Reagan,
was honest enough to immediAtely
Withdraw from the party and turn Pop
Mist. He then brings forward In sup
port Of his proposition the San An
tonic platform OF 1890 and the car-shed
platform Of 1892, and triumphantly asks
do these declarations furnish no test
of Democratic policy on that question:
How lame and ridiculous Is this dis
play and what a dodge OF the question:
No, the record Of the party condemns
Judge Reagan. and he cannot escape
the condemnation. II has never de-
clared for his doctrine, and, ! VIII
add. never viii Conditions have
changed materially within the past
two years, and all changes have only
served to fix more definitely the fact
the free and unlimited coinage IL I'M
possible OF accomplishment We may
yet have. under international agree
ment, or even by the domestic stat
ute. free coinage 10 large extent,
but unlimited coinage ls dream. To
preserve PARTIES under any system, the
| coinage will have to be limited, else
we VIII drive out or force out or
circulation all our gold. and bring
| about Just such q condition OF none
tary affairs as forced the passage OF
| the coinage act Of 1894. which was pro-
| NOTED and approved by Andrew Jack
| son, and which practically established
the business " this country on n gold
basis, whore It has remained ever since.
| AT the time this act was passed, TINS
country was bereft OF its gold. and
was upon silver basis. The de-
clared purpose of the law was to force
change from the silver basis to
gold basis. and TO drive out silver and
bring back gold TO our people. And
the law accomplished the purpose.
Judge Reagan is familiar with this
act and with the debates of congress
consequent upon It's passage. and knows
these facts to be as | have stated them:
and yet he does not hesitate to prac-
tice deception upon the people by such
rot ms this. Says he; "rhere We're two
causes for the suspension OF the COM
age OF silver dollars during that time
OS05 10 1880 The principal one was
that silver was coined at the ratio OF
Is Of silver TO / Of gold. and so it's ex-
portation to Europe. where the ratio
was 10 l-e Of silver TO of gold. which
made the gold dollar worth about 3
cents more than with US. and hence
the suspension Of the coinage OF silver
dollars TO prevent gold from being eN-
ported"
In this the Judge plllories himself in
several particulars:
l. He admits that Nj. jefferson stop
ped the coinage Of silver dollars In
1893 which he had already denied and
denounced me FOR so asserting.
2, He admits that the coinage act
OF 1884, under the administration OF
President Jackson, changed the ratio
OF the two metals In order TO prevent
the continued expectation OF gold,
fact which had asserted and he had
denied
g. lie admits that II Il gold dollar is
worth here lntrinslcally three cents
more than n silver dollar. a gold dollar
viii go to Europe and the silver dollar
VIII remain here. ( leave the Judge to
determine In his ample leisure what
the effect would be, with free and un-
limited coinage, II the gold dollar was
worth ono hundred cents and the
silver dollar only forty-siN cents in
trinslcally, which Is the status today.
II difference In three cents in favor
Of the gold dollar will drive II out of
circulation and cause It's expectation to
Europe what viii difference OF nifty
Tour cents dp2 This IS fair sample
OF his ahsurdities, and Il would be cruel
to press him further on that line.
The Judge charegs me with having
ounosad tho ~, tiv,o,. .s.s...t 800
antsn,i,,s,, w, 1904 'we3 commission
iSo9 ni y co,,,, - 9 NV. alteIMarus IN
! a,nn,,t,coS 49, w ~, SuNernor; tnet
co,nn,isHio,, - Mou'u uvt sltip the
or fr,,is is 80 t'" ~, ut ', poW-
,nta,,,ad ,,,. ~ MOI III tne sense
.,nand,'a', az, ~ yuuhy; Vppostu the
nm igs,,a, 10, Ii Nvuiu nbulii u II Wus
a raii,so,. ,,,.,,,,,, t''.Is' =. PlNNlueu lut
petsut fG, III. is,.ista',,,s ""9 .o'h-
r,,,nn,isstt,, Wy susi9'",ule 70 create |
b,,, m.,a,,s' y, ', 49,. NV amendment |
nrhrilisi it,..,,.s,' ~, ~ Ii sousut 70 give |
chief nuTn"s., ms a ~, ~ yii'y. me |
tn nratsct H. ,,,tr s'Stu constitution ls
noy,s, ana a,,,,," a,'n, "ssiIst the |
inrir, Nstnriti.s ,',,, ",Is ot 'he ma |
.',S.i -, ,r ~ Sul aiWuSs protect |
at his concluson H. Tniin,,'i,,S. Ii,r ,,y
able language. ie''o'A'
And 10 ths furtbo, ,oo,,,,,,,,,.,....
Of these obtec,s a,,I ltneht
regulation1 no i"gita U' po9's uu''Way |
vide nnd estail,,i, e'i,iutulv may pro- |
and npsi,cis, j,,,n,, ~ .gIulsle means |
ers as r,ay H., ,3..,',., ~ WIN sucn pow |
ad,isabis 'u adequate ana
ne WISDOM OF my condemnation Is |
vhlphasl1ed ny the events succeeding |
US uuoptlon' Under this unbridled H. |
Veht 'ne legislature made haste to |
vH1rt Jaw OF the constitutionality OF
Mhlsh suit OF the promoters had grave |
oSupls. Ihe right OF defense In courts
VI Justice Wan taken from these in.
aes'ors, ana the barriers Of the constl.
luton as 10 the separation Of tho