Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-10-02

hear these Populiat members going
around trying TO explain their con-
duct. They will say that they voted
against the saw because II authorized
the railroad companies, under certain
contingencies, TO Issue bonds and
stocks 10 SO per- cent more than the
value OF the roads. Read section 2 or
this law yourselves. and aon't lot the
nonhlstry OF these follows mlsloed you.
Thc law provides that no railway conn
pany shall iseuH bdndA aild stocks over
the value OF the road a..A property, OK
cept IN case OF emergency, on con.
elusive proof seovn By the company
70 the railroad commlssior that publle
interests or tho preservation or the
property demand H. In this event tho
commission may permit said bonds,
together with stock IN the aggregated
TO be executed to an amount not
more than 90 per cent over the value
OF the railroad property ana franz
oh'ses. These Pcpuiists we've 80 atrlct
that they wore not willing to permit
THIS This clause wna put IN the law
70 do Just what II eaid--to protect pub
lie inteipst ana private property Ia
case OF emergency OF actual necessity,
know two OF three railroads IN this
state that were almost completely
wrecked by floods and other 's,uaoa
afior they had been constructed and
bonded 20 an amount equal 10 or
over tho value OF the property Other
roads may happen To like caiamltlea.
To protect the property aud as Il con-
sequence 20 promote public Interests,
such emergency would juJ,lfy the cNc-
outlon Of bonds ana stocks to repair
aud replace tho property TO tho amount
OF 90 r. cent over the virtue thereof
as limited by law. These represontn-
tivea were not willing 10 do Justice by
the railways. No. They were "regu-
latofs." Rather than restrict them at
All they would LET them 40 unre-
strained. ! have In mind one ronu az
mn EXAMPLE ot what they wanted and
what they got by their notion and
Nnt@ This railway was IN excellent
condition. thoroughly built and cully
eaulrpcd It's debts and sto1ta
amounted 20 tho vAluN of its fran.
chlse and property. .After the law was
passed and before the end OF ninety
daya IN which lite taking cifout wan
postponed by the vote OF these popu-
lists, II issued an additional amount OF
$4,000 OF honda on each ana every
mile ot It's line. THESE bonds have
gone abroad IN the hands OF stran.era.
and In time must b, paid. They ar.
EreEato n little over ti.O000o0 ON that
llnc OF road, nnd the road phaara
through country where populists are
thlrl', and they must help nay them.
Had u been poRalblc Tor popuiigt votes
TO prevent II, this bpnancont law would
never have passed.
Under the law az It now cNlsta, moro
railroads IN this stale are being bullt
than IN any other state OF tho union
They are being constructed and equip
ped from top TO bottom for twelve
or fifteen thousand dollars per mile.
which Is the full amount OF the stusks
ana bonds that they are permitted to
issue under the law. Yet these popu.
llHA tried 20 strike down this law, IA
th"y attempted also by their votes to
destroy the railroad commission They
were talr sainploa ~ Populate intel
ligenee and Popullatlc atatesnnnahip.
OF PppnllHtlc faith and on Populate
acts Ia tho line of governmental econ
umy and reform Where would Tuxag
be In such hands2
Free Coinage of SIlver-t0 tot,
Without cqulvooation, rircumioution
or apology. announce myself In favor
OF tho free. unlimited coinage on both
silver and gold without discrimination.
at the ratio of 10 to I. ~ the metal
money of the United states. our pros.
ent state Democratic platform on the
subject OF finance Nv u COPY OF the one
adopted by the national Democratic
convention ~ Chicago In 1892. Clear OF
NerhoshN II plainly says
I'VE hold 20 the use OF both gold
and silver az the standard money Of
the country, and the equal coinage of
both metals, without discriminating
against either metal or charge FOR
Thln Ia good enough FOR mo, although
at the state convention | preferred ID
gee nc Democratic party declare FOR
the rntio 0f 10 10 I, An Democrats by
pom platforms are pledged 10 Tho use
OF both gold and silver as the "athnd-
ard money" OF the United statea
without discrimination against either
metal As gold ~ admitted 10 tho
mints free and In unlimited quantities
while silver Ia not admitted az an. /
would Ike 20 know N the platform ~
mol violatedY II cannot be denied truth
fully mat there " dlsorlminniion
against silver Arc not thoso neili'
ieal philosophers who advocate tho Ain.
Gle gold standard clear on both mo |
state and national Democratic mint. |
ioilnaI You know they are. Then WHY |
lot them worry you? They cannot rond |
g Hiaggenng fool out OF tho marry |
ABOUT an they can do Ia to stay In |
Themselves, Let them wind-inm now aa |
much MS they please. When nIs fea'
eral Issue comes before tho people two |
years hence, thcy can hn depcntiv |
buried IN short order. This ia a cnm. |
palBn or state Issues to olect a nlnfo |
ticket II Is sufficient FOR tho people |
70 know that their leader, General Ctl- |
herson, and his associate onndidntes
stand on the platfs-,n and advocate thc |
~ to ! ratio, 50, on this vital ques- |
ilon, over which the people are 40 Jeai. |
lus ms 70 lug II into the state cam
paign, the officers who ,ro TO i.ianage |
state hnalra for the next two yeara |
'taLd unepuivocally for silver.
d, For the present ahnli not attempt "a
iiscuaa this question In detail Among
my ieasonA for advocating the prosent
ratio OF 10 TO /, ! submit the follow
nR:
/, Tint II we are 20 have both gold
ma hll' err az standard money" nc.
loF7lnI TO platform demands. the roln-
1--WE amount Of weiGht OF the metals
p them dhe raiio) must be ostab-
iahcd by law.
2. That the present ratio (the only one
recognized By lan) of silver and roid
y 10 10 i--lG Of silver to / OF gold
l,his means thar silver dollar hnn
sixteen times MS much silver ia Ii an a
gold dollar has OF gold In IL.
3, That II the present ratio OF IA
Q ] ~ changed To 20 10 /, II will coat
nc government, according TO Secretary
'arllsle'E report, yl12, 900 900, or i,earIv
npaf0nrfh az MI tha .slI.s...