The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1894-05-29

buy the 0OnQs. 10 S0O POO1VO
GOLD into the Treasury $18, SOC, 600 were
Maid out in gold for the redemption Oh
1Toenbacks. so out of fifty million dol
lars worth of bonds the Treasury a
ance in gold was only increased $751;
500, 600.
Mr. BRYAN said it was impossible to
nave mono-metallism, because there is
no single metal that will supply the
needs Of the country. To adopt gold
aa a standard all over the world would
eliminate silver, cause debts to IN
crease, cause bankruptcy and every
man would want a bigger dollar for his
debt than he deserved. Creditor and
debtor would suffer alike. The greatest
evil, however, would be limited to the
annual supply of gold. A gold standard
would cause more misery than all the
wars. famines and pestilences known
in history. Mr.. Bryan stated that the
people IN the West did not want silver
because they minedit, butfor the good
of humanity.
He then took up the subject of ratio.
Ratio does not affect the principle of
bi metallism-it is only a matter OF
convenience.
The speaker then uttered this SEN
tence: Il believe in the free and I'M
limited coinage of both gold and silver
at the ratio of Is to l." This declara
ton came SO unexpectedly and with so
much eloquence and enthusiasm that
the audience gave him round after
round of applause.
Continuing he said that ne cannot
tell what the changed ratio ought to
be until we have tried it therefore we
should stick to the ratio we now have.
The great trouble about the whole
matter is that we are waiting for other
nations to help u~ssettle the question OF
bi- metallism, when wrought to be help
ing ourselves. We cannot afford to
wait on any nation when our own peo-
pie can make a law they need. We
submit to the dictation of England.
/ 1udV 10 "Alau g O4AAA6 NO.
To illustrate this he used the fable
about the lark who built her nest in a
wheat field and reared her young. One
morning the farmer who owned the
field came along accompanied by his
son. They looked at the wheat and
pronounced it ready for the harvest.
my SON" said the farmer, "go tell all
the neighbors that our wheat is ripe
and ask them to bring their sickles
to morrow and help us save our wheat
The young larks were alarmed, but the
mother lark said: There is no danger.
His neighbors will not be here tO-mor
row." On the following morning the
farmer and mis- son came again. Son.
said the farmer, I'VE helped neighbol
Jones with his harvest last year, &c
tell him our wheat lie ripe and ask hin
to help us with our harvest to morrow.'
Again the mother lark told her young
there was no danger. On the third
morning the father and son came agaiL
and no help arrived. Then the farmer
said, son go get our sickles, our wheat
is ripe and must be saved to day
Then the mother lark told her young
that they must move for the harvest
would begin. Mr.. Bryan said we could
not afford to depend on neighbour
to join US in remonetizing silver. In
ternational bi-mettaliC conferences will
not save the silver harvest. We must
go to work and remonetize silver ir
America, and if England, Germany
and France will not follow it will be
their loss, not ours.
Mr.. Bryan was logical, witty, and
at times, eloquent, He spoke with
out notes, rapidly, but~deliberately
He is a finished orator. He saiG
he could not afford to characterize
the present management Of public
affairs on this occasion, for it required
severe language. After he had beer
speaking about an hour he paused tt
read an extract from a speech made
by Mr.. Carlisle, now the goldbug Secre
tary of the Treasury, a few years agt
when he said that the characterization
of silver would cause more suffering
more financial disaster, more misery
than all the wars, famines and pestil
ences known to history, " etc. Then i
was that Mr.. Bryan proved his power
OF graphic description. He pictured
the widows and fatherless children
made so By var and epidemics, tn,
suffering of the millions who had beer
wounded on thousands Of battlefield
Or had fallen victims to the chOler,