Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-10-06
COL. LARHAM'S FINE EFFORT
ON TUE SILVER ISSUE AT GRAPE
VINE WEDNESDAY.
Endorses tho Administration OF
Cleveland, Yet Consistently Tell.
Why lie Favors the Unlimited
Coinage OF the white Metal.


Wednesday, and Others who did rot
we publish that part If Colonel Lam
hams great speech referring y the is
sue causing some OF our people to tear
their shirts at this particular time.
He ia a Cleveland man, says Grover
has been consistent all along, that the
people knew where he stood on this
issue before they elected him. and yet
favors the free and unlimited coinage
OF silver at the ratio OF lG 20 /. I. was
magnificent speech and sets at
naught the little squalls Of some agita-
tors who Imagine they are statesmen.
From the above standpoint he spoke as
follows.
Il do not anticipate any legislative
action enlarging the use or restoring
the full monetary function OF silver
during the present administration; but
~ does not by any means follow that
the struggle for the rehabilitation OF
silver Is at an end. If the contention
OF those who advocate the free coin
age Of silver and who have labored
for II since the decentralization Of 1873,
be sound In fiscal science and merito-
rious IN fnct; n the arguments they
have advanced ana the evidence they
have submitted be founded on reason
and supported by truth, IL they are
now ana have been in the past, earn
est In the convictions they have ex-
pressed. and candid In the opinions
they have sought to maintain. they
cannot afford to still their voices and
abandon their ground. II they are right
In principle, they Will be wrong in
conduct, whom they vary or depart
from the course blazed out by that
principle or stop short OF the consume
nation which it demands. They must
and viii continue to can the battle
on and they VIII do so under the aus
pices and through the fundamentally
Of organized Democracy.
"Whilc the essential time and the
place for renewing the contest VIII
be IN 1895. and before the sovereign
Democracy Va the primaries. II seems
to me, In View OF the repeated and
continued assaults made upon the
cause OF silver and It's advocates IN the
press ana on the hustlnEs lt IS not
Inappropriate or inopp1rtune for some
appearance TO be now entered ana some
plea to be made in their behalf they
have had to contend against terrible
odds. The influences OF concentrated
wealth, the power OF the metropolitan
press, the allied forces OF national and
international monetary combinations,
the cooperation Of the vast majority
OF those who enjoy the resources of
liked Incomes at home and abroad, the
multiplied agencies OF financial assoc
Citations, the prestige Of Administrations
have continuously and Professionally
confronted the efforts OF those who
have sought to restore silver to the
rlEhtful place from which n has been
30 wrougfully dlslodgcd Misrcpresen-
thtion OF their motives. measurements
Of their position, misdlrection OF the
real discussion. ridicule and menace IA
turn, predictions OF calamity which
have been freely INDUCED contingent
upon continued coinage. but which
have been slgnally unfulnllcd, all the
evils which were to come. but which
come not. with Infinite variety, have
marked tho attacks they have re-
celVed. They have thundercd against
them In wcOrlsome repetition such arr
gumentA na the 90 cents dollar. the
dump from Europe, the silver basis
and the silver hnrons, the Gresham
law, cheap money, International con-
fercnces, the fiscal policies OF foreign
nations, the nou.clrculutlun OF silver,
fluctuations M metallic value. coutrac.
ton resulting from the retirement nf
gold. and the like. When they have
asked for tho simple rpiustatcmeui uf
the silver dollar 10 the rank and dig
nifty which the fathers gave IL. they
have been told that they wanted 10
pay their debts with less money than
the contract required, and that they
wore financial heretics, tho vOtgrlcs OF
Imitation. tho nbettors OF natlsm and
dluturbers OF monetary peace and sta
blllty,
I'VE do not claim lurallbnity-tho
of us who contend for the free and
unlimited coinage OF silver at the ratio
OF l6 to l. We Will not denounce our
antagonists as dishonest but I'm the
spirit Of earnest and manly controversy
let ns meet them in the field OF fair
discussion,
II affirm that there is not a so cents
silver dollar In the United States. nm
less IL be Mexican or japanese dol-
lar which contains more silver than
ours, or n coin OF some other foreign
country. which by the law OF lts,mint-
age, contains less silver than ours. Let
whatever distinction that calculation
may devise be drawn between the com.
morcial and monetary value OF bullion
let the price of silver per ounce be
what II may In London-let Wall street
howl and Lombard street growl--let
credit bearers philosOphlge and gold
monometallists remonslrate-let flatlam
eNult, n II will--but the fact undenln-
BILE remains that every silver dollar
OF leEm weight and hncncss, coined
by the authority OF the United States
"a good and current throughout tho
length and breadth or this great re-
public FOR 100 cents. and for every pur-
pose for which money Is used. II ia
sound money FOR It's face value al tho
teller's desk. Mt the merchants cotln-
ter, at the drug store. at the black
smith shop, at the wagon yard, at the
custom house, at the taX-colector's Of
fee 10 pay the hond-holdcr. and In
the presence ~ a sherin's execution. II
400,o10,00o OF these coins OF the renlm
containing Az 1-2 grains OF standard
silver, minted and issued under the
sovereign constitutional authority 10
coin money" be honcsv money. and re.
celvahle everywhere. exoept IN the nav
ment OF distinctive gold obligations IN
der the law Of the contract notwlth-
standing the commercial value Of such
coins be less than IN cents as adj
measured by gold. then maintain that
eight hundred millions or one billion
Of tho same coins. issued by virtue
Of the same authority would logically
be equally honest money. further AZ
hrm that our standard silver dollar
contains the same amount OF pure sll-
Yer (Sfl IA grainsl today thnt II has
contained since our money system WINS
established over 100 years Rro. and
has never varied in weight OF pure
metal through NIL the changes Of our
mint laws. II the government would
dishonor Itself and dlscrodr ita imam
Stal system by additional coinage. ana
the existing silver dollar be worth only
20 cents. then II dcgrades Itself and
defrauda lts citizens hV allowing th.so