The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-06-13
MEMPHIS IS THEIRS
(Copfinued From First Page)

one that follow ST. You cdHiiot pUl
this fight off beyond 1886 and win II. IL
retirement Of greenbacks, the forging
of SOC, o0O, 900 letters on our industries
There are other great questions to be
considered, but they are insignificant
as compared with this one"
IF we lose this fight in 1896, two
great conditions are to be feared-repu-
diation or revolution. one or the otner
IS sure TO come.
Mr.. Sibley eXpounded the political
axioms that he said, contained the re-
suit of his study OF the money question.
They were: First-Double the volume
of money and you double prices. Sec
ond-Divide the value OF money and
YOU divide prices; third, double the vol
ume of money and you divide the debts;
fourth, divide the volume or money
and you double the debts
At the conclusion of Mr.. Sibley's
speech there were persistent calls for
Mr. Bryan, Of Nebraska, but that gen.
tleman evidently desired more favor
able opportunity and more time IN
which to deliver his views upon the
silver question, for he declined to re-
spond.
THOMAS OF DENVER SPEAKS.
Then. upon invitation of the conven-
tion. Mr.. Charles S. Thomas Of Denver
occupied the remainder of the time of
the evening session. He said in SUBJ
stance:
eff the people of the south and west
are adyoca ties of financial measures
which are false in themselves and to
the interests of the M ion, the fault
does not rest with them. Beginning
with Hamilton ana Jefferson and con-
tinuing down TO the present time, every
Dolitical organization which uptii 1873,
had been engrafted into the forms OF
have hPfn
running with pledges for restored COIN
age: each has blamed the other for sill
ver's overthrow and continued de-
graduation Men like Carlisle and
Josiah Patterson have in days gone
taught the virtues OF bimetallism and
denounced the legislation of 1873 as a
crime against humanity, while the act
repeating the purchasing clause of the
Sherman law and approved by Cleve-
land himself. contains a solemn declar-
alton that bimetallism is the establish
ed policy Of the republic. Every pub
lie teacher Of note, including Senator
Sherman, has, until the present ad-
minstration came into power, ranged
himself upon the side of free coinage
and taught the masses 10 believe its
doctrines. II they have gone astray,
the men who now picture visions OF
disaster to the republic, should money
become stable and abundant through
a
must bear the responsibility.
But the people are not wrong. They
know that the present contest is bat
tie of gold and the classes against sill
YER and the masses. They have listen
ed patiently to every explanation OF
their conditions, have waited patiently
for the fulfllmept ofevery prophesy as
to returning abundance. They have
weighed monemetallism in the balance
only to find 1T wanting, they have de-
termined to restore the system of their
fathers and those recreant executives
nor apostate secretaries can long pre-
vent them. No one cause can be as
signed for a worldwide depression and
commercial collapse, yetsin 1868 Seyd
and Woloski graphically foretold the
consequence of monetallism and Roth
child warned the Brussels conference
that its adjournment without action
would cause a depreciation of silver,
resulting in financial panic, whose far
reaching effects could not be foretol1.
THE cry Of sound money is a delus-
i've one. No money is sound which
gives the creditor more than he loan
ed or permits the debtor to pay less
than he borrowed. The debtor is now
ed while bimetallism would enable
him to liqudate his debt on the terms
of a more perfect equality.
THE effort to faSten the gold stand
ard irrevocably upon the people of this
nation will be the elimination Of that
conspiracy which Mr.. Carlisle so graph
ically foretold in 1873. 1t will deliver
the nation hand and foot to the money
changers and must result in the extinc
ton of individual liberty. Land owner
hhip will be concentrated in a few hands
and our freeholders will give way 10 a
sale OF tenants. All sources of pro-
duct and industry will be exhausted in
the payment of interest and all kinds
Of property will be massed in a few
hands. The men who are crying out
loudest against an inflated money have
been initiating the stocks and values
of trusts and combinations for years.
Their faithful ally is Mr.. Cleveland.
In 1888 he said 'As we view the achieve
ments of aggregated capital we dis
cover the existence of trusts, combina-
tions and monopolies. while the citizen
is struggling far in the rear or is tram
pied to death beneath an iron heel.
Corporations which should be the care
fully restrained creatures Of the law
and the servants of the people, are fast
becoming the masters. Communism
is a hateful thing and a menace TO
peace and organized government But
the communism of combined wealth
and capital, the outgrowth of over
weeing cupidity ,and selfishness. which
insidiously undermines the justice and
integrity of free institutions, is not less
dangerous than the communism of op-
pressed poverty and toll, which, eX-
asperated by injustice and discomfort
attacks with wild disorder the citadel
of rule
"In his letter to the Chicago bankers.
last April, the president denounced the
'ineidious attempt that is made TO Gre
ate a prejudice against the advocates
of safe and sound currency by the in