The progressive farmer. [volume] (Winston, N.C.) 1886-1904, 1895-09-03

Unl'ed States Senate, september n 1d 5S'
that the Democratic platform Io&,
1--WE denounce the Shermoa "i0;
a cowardly makeshift." A NAV law q
is a kind of bogus substitnmta akeshit
the Sherman law was a mas; Nov,
bogus substitute, but for ISN'T and
the free coinage of silver. So o'; i F@
take the Language in its proper Ill II You
cepted sense and inject into G4Q &C.
meaning of the thing that it eUni II the
it means that you denounce t5paP p5od IT,
party for making a neP0b
makeshift" for the free coinoo 0%o%%ardly
and for not giving us the ge9n vi silver
Gle. The next sentence is oioate ari
We 0"c8lt
The DemCc racy-
hold to
Hold to-" Mr.. President
word-that hold" Whatevor s"o
meaning hold to" may have U'oe'
suggest to the learned gramu Ss@
that it does not mean let go% , r
ought to ' We
HOLD ON TO THE SILVER
that we have and look forward g.,
fully and hopefully to that wbioS '.u'
desire, for we said "s
We hold to the USE of both po,3
silver
Now I say you promised to hold ..
Let us hold onto WHAT
both gold and silver
In what character
as the standard money of the conrt,.
Now, how are we going to snsto;,
the standard?
and to the coinage Of both gold o,,
silver
For that is the way it reads, T5er
would coin both metals. Thew w..
not going to foat a lot Of paper on hi.
lion uncoined. That is what the pa
publicans had wanted to do, but fl.
Democrats were going to coin bath
metals, They said: I'VE are going IA
coin both METALS and I say do i
How are they going to coin them?
WITHOUT DISCRIMINATION AGAINST
EITHER METAL
Without discrimination against
either, The Republicans have been
dis eliminating against one metal, but
the Democrats would not do it, and not
only without discriminating against
either Of the metals, but the platform
says
or charge for mintage.
That is, they were going to have free
mintage without charge. But
They said
the dollar unit Of coinage Of both
metals must be of "a lal intrinsic and
exchangeable value.
I did not like that language becaue
if a dollar is OF equal exchang&aa
value it is all one wants, commerceB
exchange and value i3 ratio in eZ.
change, and there is an equal ratio be.
tween the dollar and exchange; but
come gentlemen like to eccumulae
words; they are fond Of a little ambt
guilty and they put in the words in
trinki; value"
It was just there that the President.
of the United States, i his letter Of &C
ceptance, made matters clearer. He
said that he was in favor of equal in.
5rins c Or purchasing power" There
is the true theory of the proposition
If the money has the same purchasing
power we do not care about intrinsic
value.
Then, be it noted, the Democratic
convention did not insist it should b:
positively and absolutely Of equal IL
trineic value, but the platform added
Or
With emphasis On ''or'
1t was going to get gold and sIL7a
money without discrimination, and L
il could not get there by n road II
was going to take another, and 1t SAID
Or be adjusted through i~nternationa
agreement
Let it be remembered that az inter
national convention had been caLea,
it was about to meet; and if 1t cou'
be adjusted there, we'll and good. /"
it was not adjusted there, and the Den,
0crats at Chicago conte npIated tDa'"
might not be adjusted there, and Inc!
another clause:
o. by such safeguards Of leglsLaE.D
shall insure the maintenance OF 'D'
Of the two metals, and the t4I"
power of every dollar, at ali times u
he markets and ia the payment u
These are the words. If other 10
ions did not do it
THIS NATION WOULD DO II,
md as this is the nation that Is reSP'D