The Atlanta constitution. [volume] (Atlanta, Ga.) 1885-19??, 1895-11-18

as said lust now. is q condition I'm which
TIE metals can bc freely and equally sent
to the mint and thar YOU may use either
iu lne payment ol debts. A' CONCUR t'h :.
circulation is not the paramount object 81
bimct alliSw.
That Fifty-Cent Dollar.
Then. we have democrats who ten U.S.
and I would like to run over their objec-
lions to fi,e coinage. if l coIld-they ten
US that they are opposed to coming 7a-
cent dollar. sow. what 90 they mean ry
that Is silver dollar viii buy anything
that "a gold dollar viii bus ina the market.
iu this country or abroad Your SILVER
dollar will PASS Your silver ccrtlrai-s
can D. used i'm ENGLAND, because they are
good In this country. and th" EnetlSameH
want something tu4t We have got to sell.
NnV. chen. call this q aH-ca1t toilart You
moan that tine bullion lu Chat dollar IS oulS
worth So cents Probably that is true, hut
uhy IS it truce The value ~ everything,
rlv friends. is regulated hy supply and
demand. poubly Is that true as 10 money
uhc desire for money equals the desire for
eyarvrhiu-- else ON earth. You can nave no
substitute for money II YOU fan
10 get Hour 10 make bread, you
may bus corn. Eut there Is
10 substitute for money. You must have
10 it YOU live IN a community with your
fellow men. Therefore the demand for
money exceeds the demand for anything
else. or equals the demand for everything
elise IN the world put together. Sow,
then. silver is not coined except to o. cer-
tain extent II has NOT tho privilege of
FREQ coinage.
.'I sent ont in town today aud got this
little piece of silycr-Siiver bullion
(Which ht txmbited). probably it Wouid
make s.. Aou might take that piece "t
builion ana SO around Atlanta ard Nod
could not lind a half dozen people VINO
would give you anything for IT. You could
not so in dry goods store and buy any
! thing. YOU couldn't pay your doctor bIll.
or YOUR street car fare, or your hotel bll,
or anything else with that, but You let a
law be- passed that alioWs men to tate
I that to the mint and have two collars Of
412Ls grains made OF it. ana it viii bay
anything in Atlanta that IS for sale--any-
thing that is for sale. (ApplauSe.)
Now, then, when the law puts silver in
such a position don't you see that it de
stroys necessarily its value - taee
silver dollar as some Of the enthusiastic
, friends of this republican law say
If take silver dollar and drive
nail through the middle ct lt-WhaJ ~
called the hammer and nail test-that
silver dollar becomes bullion ANA is worth
50 GEMS; but drive a nail through a gold
dollar and a. IS Stilt worth it0 cents. WY
Because Won can take IL To the mint and
/ have il made dollar II the law let men
TAX. his piece 81 bullion TO the mine and
have "A ulada into q dollar. il would stand
. the hammer ana nail test Just as well
as gold. CAppau-c1
About Values.
'Some Of cur tii.. ds tc.l us--detoocr2ti"
friends-the law cannot create value. I
agree to that Eut The Jaw can create
demand, and demand can create value
DO you question that? Strike down the
demand for any commodity ana You di-
minish its value. and increase the demand
and YOU increase the value
''Supposc that .hcrc was a Jaw providing
that no mill should grind winter wheat,
for instance. what WoIld hc the effect
of that WHY. il would increase the price
Of the spring wheat and 1t would diininsh