The Bolivar bulletin. (Bolivar, Tenn.) 1888-1946, 1894-09-28

ounces IN 1890 to l52, 600, OOO In
1892?
Here is the report Of the United
States Treasurer, which shows what
situation the United States is in.
She has been trying to take care of
it, buying it when she did not want
it, in order to accommodate the bull
lionaires of the Northwest. On
June 80, 1898 q have no later sta
tistics than that) there was in the
vaults of the United States in sill
yer coin and bullion S492, 500, 226.
80. The United States Treasury
was overloaded, flooded, borne
down with silver, and we cannot
unload it on anybody. If your
banks transfer at New Orleans to
the government SO, 900 in currency
or gold, the United States will
ship them silver and pay three
dollars per thousand expressage
on it. A few years ago, we had a
druggist in Dallas by the name of
Billy Patterson. He knowing that
there was some superstition about
peach stones, got up a peach stone
liniment, made by adding a pint of
peach stone tincture to barrel of
liniment. He concluded it would
be good thing for his liniment if
he advertised for peach stones at
so cents per bushel, not dreaming
that any one would go around and
pick them up. He reckoned with
out his host, however, and few
days afterward, an old fellow came
with a wagon load of peach stones.
Patterson was dumbfounded, but
he had him unload the wagon in the
back yard and thought that was the
end of it. But they kept on coming
until he had the back yard full, and
he had to hire negroes to come at
the hours the ghosts walk to spirit
those peach stones. away. That il
what is the matter with the United
States and her silver.
But they say Wall street brought
this about. Did you ever stop to
think a moment who are the Wall
street pabobs? Take the Wander
bits. / don't think they have much
more money on hand than some OF
you. They have a world of proper
ty; they don't keep their wealth in
idle money; their wealth is in rail
roads here and everywhere through
out the country. Who is next? The
Goqlds, they own railroads every
where, but don't think that they
have much Idle money, Then take
Rockefeller; he is another nabob.
What is his interest? Why, in oil
property-in property the same as
your. They have thousands of dol
lars in property where they have
one in money. 1t is the same way
with Russell Sage and other men OF
that class, The only people to be
benefited by appreciation of gold
are the coupon clippers Of the New
England States, and they are an in
ert class who never exercise any in.
| Auence in business or in Legislation.
Take your business men and those
who have money loaned out and you
will find that their property interest
largely exceeds their money interest
/ think the same thing is true OF
England. The business men own
property rather than money. 1t is
livery fashionable to curse out Eng:
land. All man has to do to gain
the sympathy of an audience is to
twist the tale of the British lion
In war she has not been conquered
since Julius Caesar failed to do the
job. Her navy is driven by eFeBg
breeze that wanders on the face OF
the deep. Her financeering is such
that she has made every community
In the world her debtor. Her his
tories, her poetry and literature are
the delight of every student in the
world, and are taught in almost eV.
ry school in the world; and so fan
from abusing old England, / am
proud Of the fact that the blood of
such ancestors flows In my veins.
1 Just lack that much of being a
demagogue. applause.
have shown you that there is nc
getting away from what is the mat
ter with silVer-the tremendous
overprOduction of it. Uncle Sam
is burdened to death with it. Now,
what is the remedy? There are two
remedies suggested. There is a ra-
tional remedy and an irrational
remedy. We will take the IRA
tional remedy first. What is it?
That we will open up the minis of
the United States to free and un-
limited coinage, and thereby offer
a bonus to every mill in the world
to start qp at full capacity; we will
offer a bonus to the capital of the
world to invest in more mills; and
the bowels of every mountain in all
the earth will be torn asunder to
furnish Uncle Sam silver coin at
double its market value. That is
the remedy. Stimulate production.
We have too much of it now and
the world cannot hold it up. Gen.
tlemen, when people get to talking
about l6 to silver, they discard
II