The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1895-10-27

| OF the nation depended upon the reSuil
of that battle; against the men that
| stood as firm as the everlasting hills
against the assault Of Pickett's battal-
ions, the most terrible assault recorded
In all the pages OF military history.
BOURBON FINANCIERING.
"The history Of the Democratic par
ty upon the financial affairs of this gov
eminent is no more satisfactory; the
Democratic party never had financial
sense enough to run this government,
and especially when dominated by the
| southern wing of that party. Every
person in this audience tonight who re-
members the Democratic days before
! the war, remember very well the kind
Of money we had; that old. wildcat,
dog-ared money furnished US by our
Democratic friends. In those days IL
man desired to visit Indiana from Hill
nois, the first thing he did was to go
| to the bank and buy gold, and the ban
/ ker would charge him very liberal per
cent for the accommodation, because
Illinois money was of no account in In
diana And If the visit was TO be ex-
I tended into Ohio, when in Indiana, he
must sell his Indiana money and buy
gold, because Indiana money was Of no
account in Ohio.
And in those days we kept the Bank
Detector in our homes. These young
men and young women do not know
what Bank Detector is Since the
republican party came into power they
have gone out of use. The first thing,
when a bill was received, for the sale
OF some product or the merchant had
sold some goods, was to go to the Bank
Detector and ascertain whether the
money was Of any account or not. And
when the farmer sold the produce of
n <ay- y
cry cent of 1T before he returned, for
fear the money would be of no account
in the morning. Finally all that money
failed, along in the days Of 1860, and
we had for money little pieces of paste
board and printed on 1T the name of the
merchant doing business in the town,
and Good for Twenty-Five cents" but
under Republican management we soon
had a money that was good the world
over and the only question was to be
able to get enough of it.
For centuries in the worlds history
silver and gold have had equal access
to the mints of the great powers of the
earth, with equal privileges. al some ra-
ito ranging along from fifteen to six
teen and a half. And there never was
"a concerted effort on the part of great
nations of the earth to take away the
privilege of either of these metals from
the minis of the government, until with
in a few years last past. There is in the
world about four billions each of silver
and gold. Silver has been the money
with which we have done the smaller
transactions Of life: It has been the
money OF the working people. while gold
has been the money of kings and of
governments, the money of banks and
bankers, and has been boarded for
times OF war and for paying great ma
tional obligations.
1.-THE first the world knew Of any at
tempt outside of Great Britain, was in
1871, when silver was demonetized by
Germany after having invested very
largely in American securities, and was
concluded in 1893 when the mints of In
Ola were closed against silver. The
only logical result of this concerted eff
fort on the part of the governments of
earth Is TO strike down one half of the
metallic money Of the world.
AT whose instance was il done? It
certainly cannot be affirmed that It has
been beneficial to the great masses Of
the people. No such great step should
have been taken without being first
discussed and clearly comprehended
and understood by the great mass of
the people Of our country; and evidently
it was not This was not done because
of an over-proiuction of silver; because
in 1873, when by the act passed the coin
ing of silver was discontinued, silver
dollars were worth 103 cents.
81 have no patience with the PROPOSE
ton that before we can continue the
coinage of silver in the minis of the
United States that there should be an
international agreement. When did En-
gland ever ask the people of this coun-
try to come and sit down within her
q ND n q Z m. n q I'd
Of money should be and what would be
the arrangerne of her monetary sys-
tenn; and yet We are here, seventy mil
lions of people, the greatest silver pro-
duoing nation on earth Tor should BEL
and yet we are striking down one Of
our greatest industries because, for
sooth, some nation across the water
does not approve of its encoura cement
when / say 1 am a bimetallist and
that am in favor of the coinage of the |
silver product, find myself in mighty |
good company. 1 remember that on
February 7th, 1878, Mr.. James G.. Blaine 4
said: L believe gold and silver coin /
to be the money of the constitution |
Daniel Webster said: L am certainly /
Of the opinion that gold and silver, at !
rates fixed by congress, constitute the |
legal standard of value in this country. I
and that neither congress nor any state /
mas lne power 10 SSJdDilSn any Otner I
standard or TO displace this standard
During the years since the silver !
question has arisen, the delegation from
from the days of Tom Ryan
and the lamented Haskell and Perkins
and Plumb and ingalls,. and recently
Curtis and Broderick, have all been
the friends OF silver.
II hold in my hands a book entitled
Twenty-ninth Republican State Con-
vention of Kansas, Held in the City Of
Topeka, September 8, and 4. 1890. And
read from its pages plank of the
platform adopted by that convention,
ions. of which committee Hon. J. K.
Iudcn of Shawnee county. was the
chairman. The Republican brethren
;ay: The practical operation of the
silver act now in force, recently passed
" a Republican majority and opposed
~ a Democratic minority in both hous-
IS of congress, is rapidly increasing
he value Of silver. is a good step in the
light direction; but we, the Republi-
ans of Kansas. demand free coinage
II silver, mea sure strongly opposed
md vigorously denounced by the late
Democratic administration led by ex-
President Grover Cleveland
The Republican platform Of the last
tate convention perhaps was not so
lear in its terms as the platform lust
cad, and yet 1t declared for bimetal-
ism. 1 find that distinguished Repub-
leans Endorsed that proposition. l read
rom a letter written.by Governor Nor
i'll. Of August %. 1894. in which he says:
am in favor of the free coinage of the
american product Of the silver mines,
With sufficient tariff TO exclude all for
ign products. and ii seems 10 me
here can be but one ratio. l think IL
: idle 10 talk about changing the ratio.
he fact that we have five hundred |
billions OF silver money now in circula-
ion would render IL almost impossible
o make a change in the ratio from the