Birmingham age-herald., 1894-10-28

hes been for yeors, or than there IS in Alabama or h the United States.
 great Britain, by it's fallacious decree, un- der which she attempted to convert the salaries of her officials in India into gold at the expense of those poor Iaboring wretches out there-300, ,000, ,0OO of them .nis .n terrible decree that has so burned into the hearts of the Hindoos as that another tragedy of Lucknow is threatened. when the British government is casting about to See now they can compose these persecuted wretcnes sss a who are their subjects. This ques-
 ton deeply disturbs Great Britain, China and Japan are at war, and there has been created vast cavern iuto which the silver
 money of the world is pouring like fiood. and and as 1t goes into this cavern the price of silver IS rising continually in the market, So with every state in South America.
 throughout the Polynesian empire in the South Pacific, througout all Europe.
 Eogia.nd , u included, there is grand move. ters of the money kings from tho hands of tne peasantry. and allowing them 10 enjoy atleist enough of the labor of their hands to III their stomachs with food tion of clothing. All over This this earth the decree is being proclaimed ! toat the people are being starved, in ali :. aegrees, races and conditions, by the sud den ana terrible imitation of gold or rather the raising of the value of gold. Why. ley me call your attention to fact that perhaps you know as we'll as I do: Yon can puy bushel of wheat today with the ,oa.s ua,,aon cost or silver dollar, and yet ten years ago 1t would take the whole legal tender value of silver dollar to buy the same oushel of wheat You buy a hound ol cotton today for cents which five years Why so? What is the reason of il? There are two reasons for it. One is that there is
 NOT ENOUGH MONEY IN THE WORLD
 In the reach of the consumers to pay 10 cent per, pound price for cotton, and the other IS that the poor laborlng wretches in Eu- rope s ana India and elsewhere through out the earth where most of the cotton Is used are so poor they can. not buy it. If the consumers of cotton in this country who want it and who need can get 1t, have the power to purchase iS and to clothe themselves with two suits instead of one, aud two suits every year ins.eaa or one suit every two years, ana % the power to discard their dirty and patched rags, so that they might clothe themselves in this soft, comfortab ble and beautiful staple, the price of your cotton would reach up to 10 cents per pound be- lore you Knew 1t; but when the consumers, the people you sell to-, are too poor to buy 1t you cannot expect the profitable price for cotton, you cannot expect it for wheat or for anything else. Prices of the great leading industrial products of this land and every other land in the world will always sink when the supply of money is short.
 When you can buy with $1 today what it would have cost you S2 to buy two years ago you can understand perfectly we'll hat 1t is due to the fact that there is not enough money to buy it, provided it is an article of prime necessity to mankind. Is cotton an article of prime necessity to mankind? Is there man in this audience or woman or 2 q cnild In this city who does not wear it3 Is there one in the state of Alabama, in all the south middle states, in the northern states and Canada, in all the islands of the oceans, through South America, China and Japan and India and Africa? Is there a hu- can get cotton garment to put on that will not buy it and wear itf Why, you have got the worlds market at your command. You have got a in the south. If you. made instead of 5000, 900 bales, IS, ,0O0, ,0O0, or 36, ,OOO, ,OOO, and the world had the capacity to buy it and consume it according to their neces- desires, you could sell 35,0O0, ,OOO bales as well as 5, ,OOO, OOO, and you could sell it at 10 cents per pound as well as you can at 5. The difficulty about the prices of Amer lcan productlons,. where we over produce and have to send it abroad for a market, in that the people abroad are so stinted and so cramped and so oppressed and so pow erty- stricken by the monopoiies of the gold handling powers of this country and others that they are too poor to buy and consume as much as they need. No man in this world can fairly account for it in any other way. Talk to me about over- production in cotton! I have been hearing that ever since was a boy. Talk about over producing cattle and hogs and wheat in the west until it has gone down to 40 cents bushel! Shall we accuse benevo- lent and charitable God, who has seen fit to reward our labors with such full yields, by saying that he is giving us more than we need and is making us poor by His benevolence7 No, that is not sb; that is not the truth. It is the law of nature that, in the products that the human family require and con- sume, every effort employed by man shall return to him due compensation for his toil, end he shall be encouraged through all his suffering and laboring by that work which is made complete by the ram and dews from Heaven and by the bright shining of the sun in order to increase production. The trouble with us is that we have ele- vated the gold of this country until it buys twice as much as 1t formerly did. It is locked up in the vaults of the men who dole it out to the people of the country upon speculation. and not by way of investment. Tne supply is short. The people have nothing with which to pay; they cannot rotting upon his hands. That is true. And could go further with this subject; could give you better reasons than thai stronger reasons--why am devoted to the remonetizing of silver at IS to 1, without any reference to MT. Aldrich's scheme of parity, of .propping it up, and with out any reference to his idea of taxing silver that comes into this country. I want to go back to the old Washington and Jackson platform. It served us for eighty two years in peace and war. It kept company with us in all our pros.