The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1894-09-08
CRISP FOR SILVER
The GeOrgiaCampaigni is Opened
at Atlanta
Speaker Crisp Favors Free Coin
age, HOke Smith Doesn't.
A BIG MASS MEETING.
The Populists Are Condemned
in Strong Terms.

ATLANTA, Ca, Sept s.--A mass
meeting Of Democrats was held in
this city last evening The principal
features were the speeches of Speaker
Crisp, reviewing the work Of congress,
and Of Secretary Hoke Smith against
the free coinage Of silver. Speaker
Crisp declared his personal preference
for free coinage Of silver. Much en-
thusiasm was displayed In cOnclud-
ing his speech Speaker Crisp said:
while we have not done all we
hoped to do. we have done more in the
past year to redress the wrongs Of the
people; we have done more for their
relief than was ever done by any
party in the same length Of time
In any country under the
sun. These are bold words,
yet I hold myself at all times
ready to defend them Coming
into power at time OF panic when
business was at a staDdstil, when
labor was unemployed, when our
treasury was empty with courage
and fidelity we entered upon strug-
gle with the enemies Of the people;
we emerged from that struggle vic
toriOus in this:
We have repealed the Mckinley law.
We have greatly reduced taxation.
We have made living cheaper.
We have made all money taxable.
We have taxed surplus incomes
We have restored freedom of cleo
tions-
lures. and we have declared undying
hostility TO trusts and mOnopolies or
ganized for the oppression of the peo-
ple-'
Secretary Hoxe Smith followed.
Calling attention to the recent exper-
r~fA 80 Of TX "a
and Colorado under Populistic rule,
the secretary asked who would like
to see Georgia follow the leadership
OF a Lewelling or a Waite. Bad as
was the record Of the third party in
the West, the crazy theories OF their
leaders in congress were enough to
EtaFger comprehen sion and shock
thoughtful men. They sought dis
burse ments amounting in the aggre-
gate to over SIS. 600 600, OOO- The peO-
pie of Georgia could not afford to in
dorse such a party. The state would
be disOrQanized locally and discred-
tied before the world if it appeared
to have even listened to their imprac-
ticable theories
Few Of their beliefs we're worthy Of
discussion, but there was one which
seemed to have attracted attention
although when carefully Investigated
it must be classified with their other
theories as almost equally wild and
free and unlimited coinage of silver
at the ratio OF 16 to 1 by the United
States alone, and declared it to be
plan utterly at variance with sound
business principles, and fraught with
1ncalcula BILE evil He did not wish
his position misunderstood. He was
q thorough bimetallist, strong in his
faith, and no one could be more IN
nlterably opposed TO the adoption OF
a single gold standard. Such a course
4
the currency calculated to cripple
the Industries and to lessen the de-
mand for supplies.
The injury inflicted by a single
standard currency had been recently
demonstrated abroad. and the evil
effects had been felt here upon pro-
ducts Of this country raisedfor foreign
consumption. He believed these evil
effects would be lessened by preserv-
ing the present per capita Of cure ncy
here; but where three fourths Of our
great cotton product goes abroad,
three-fourths Of the injury could not
be reached except by the success OF
bimetslism in the place Of consump-
ton Currency in the United States
had not been contracted, but on the
contrary, the per capita to- day was
&24.19 Is against an average OF 814. IS
from 1850 to 1850.
After sketching the history OF sill
yer characterization BY Germany in
ISL and subsequently, by Norway,
Sweden. Denmark, Holland, Russia
and the nations comprising the Latin
union, Secretary Smith said:
ct IN, therefore. evident that silver,
ct ratio of 10 to 1, il unlimited coin
age was attempted in this country,
must either food our minis with enor-
nous quantities Of silver, which would
at once depreciate the value Of our
money, or it would be coined only in
reasonable quantities, and this could
not substantially affect the mercan-
tile value OF the bullion
throughout the world In either
event we would be forced
to the exclusive use Of a dollar worth
only little more than half the pres
ent dollar. It would cause the settle
ment Of all con tracts at the rate of
so cents on the dollar. It would re-
quire the reorganization of all prices
to be adapted 20 the new deprecated
currency. 1t would compel "A change
of all legislation in fixing salaries II
would necessitate the entire roadju just
ment Of the private and government
business Of the United States to meet
conditions caused By q degraded dol
lar.
SEVERE STORM IN DENVER.
water Tails In Torrents aud much