Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-07-05
THE pOpuLIsTs PICNIC.
SECOND DAY OF THE POLITICAL.
CELEBRATIoS.
Large Crowds mud an Ideal MID
summer Day--Juds:r Nugsnt Opens
His campaign-speech of Col.
Notwithstanding Issues.

me was as largely attended us the htHt
gay. Thousands went out 10 sports
mans park from town to see and hear
the Populists The day was somewhat
cooler and there was nothing to mar
the pleasure OF all.
AT the time appointed for speaking.
10 o'clock fine crowd Of some 300
people seated MT the pavilion and In
a good listening mood.
Col @. II. Jenkins. the speaker OF
the occasion. was introduced By Hon.
s. o. Moody. He began by reference
to our forefathers In their efforts to
obtain their liberty from British rule.
He said we had petitioned for redress
from our grievances as they did. but
in vain. The parallel between their
condition in ants-revoiutionery days
and ours now was amply drawn out.
The speaker then referred TO other
nations that had passed through sim
liar revolutions In their march to lib
erty. The fundamental principles Of
our Declaration OF Independence and
the basic principles OF all Just govern
ments is that the rights 10 govern
must be derived from the people. The
right OF the people TO rule is our cor
mr. stone The idea OF a divine right TO
rule IL false. our forefathers were not
without a prophetic vision 10 some eS-
tent OF the condition OF our country
today. We are in industrial slavery.
jefferson. for instance. declared that
IN national bank was more dangerous
to the liberties Of our country than
standing armies.
The Great Issue.
The overshadowing issue OF today
Is the money question. Upon the solu-
tion OF this depends the peace OF the
country. This. he thought. should be
discussed, though II was said the peo-
pie could NOT understand H. One half
ti,- property Of this country had been
taken from The producers and given
10 the moneyed fraternity during the
last generation. He referred 20 the
laws passed in favor Of the b0ndhold-
erH, one day alone giving them $780,
100000 This was the credit-strengthen-
Ing act OF 1868. and this was only a
sample OF what had been done II the
people cannot solve these questions,
they must remain IN slavery. But the
basic principles were so easy TO under
stand that even a Democrat or are
publican could father them Money
was simply medium OF exchange.
This he illustrated after the uHunl Pop
ulist method = SO bin could pay any
number Of debts as Il passes from
hand to hand.
Supply. demand and the medium OF
exchange are the three cssentiala Of
trade IL IA the latter that we lack,
and this II matter ~ legislation.
Barter. exchange and trade cannot SO
IN without this medium. The dificul-
ties are too great TO overcome. We do
not want to SO back 10 n sf0to ut
semi-clvillzation An advanced con-
dltlon " society demands more inat-
~ regulated medium OF exchange.
Since 1870 the productive capacity of
labor has Increased 400 pnr cent. hence
we need moro or this medium Of "N-
chang The producer has been robbed
during This time IN TWO wAyH-in what
he sells and IN what he buys. Thomas
Bentnn Raid Gle who controls tho
money controls the wealth - the cour-
try and the price NJ pruhuctf - THO
rinionaires are simply spougcs absorb
ing the wealth Of the people.
Gold. SILVER aud Paper.
BY increasing the value 81 money
you docrcnsc IL price or value. and
,iceveran. This iR another basic priu-
oiple TINT we must study wen. This
Is as well eatahliahcd as the rotundiiy
Of the earth.
which money should be made is or
hut little value, The money pf one ma
tsrial which "a ms useful as TINT Of an
other material, as medium OF cN-
cltnuge iR Of equal value, The luEllng
with money by law. enhancing Che
value % gold, WIS rchrnracd. The
exception clause of 1862 and other bile
We're cited all nf which were Ia the
interest OF the money power.
Paper Il the money Of civilization,
and most Of you win i've 10 see It lt
III. homes OF the people nrr realized
SliSid and silver are the money %
Decentralization ile then showed that
spii money was ahtmpney. The gov
errment must put its stamp on any
thing I'm order TO mike Il money This
was argued and Illustrated IN many
ways. We can afford "a use gnld and
silver as money, however, hccnuSe %
the wealth their production adds "a
us, The decentralization OF silver was q
great loss TO our nation. Mr.. r. @.
Mills snid this law striking down sill
yer had damaged agriculture seven
teen times as much aa II had the
mine owners. This morey question
was the greatest that hnd ever been
presented TO any people. Freedom.
our homes and all that ~ dear to va
NJ republic. tests on the settlement
of THIS question. The conspiracy To
destroy half our metallic money ~ Tho
most eifantlc in history The report
OF the monetary commission and other
authorities were quoted TO provo this.
The destruction OF half our property
would not damage us as much as the
striking down OF silver. j. q. Car
Isle denounced this crime In 1873 but
he In now the Benedict Arnold ~ our
country. Let's hang them All" cried
voice from the crowd No" said
the speaker. "It IL our fault We
were party to the crime. The people
should unite To overthrow theae evils
Mt the ballot box" Our debt now EQUALS
NJ clue OF our property because
OF the reduction OF the value of cur
rency. They are now some $50 600
o0n.000, and were doubled by the law
demonitlzing silver, We are affects
slaves to this money power. We can
never pay out. We nre getting IN
debt deeper every year. Free coinage
would not hurt us in any way.
Some Computations.
There ~ no danger OF our country
being dumping ground for silver Ia
our injury Imitation Is what we need
10 a limited extent, This would hurt
no one but the banker and gold bug
Hume and other economists were
quoted to prove these assertiona
Though coneraction hurts the farmer
n Injuries the wagc-carner IN the CITY
most. Then business men are cau,rh,
III the crash. In 1893 we hnd n,nr.